Beaufield Resources Inc. (“Beaufield”) reports that it has staked an additional 35 claim units totaling 1,971 hectares in the Urban-Barry area. The claims have been staked by map designation where strong electro-magnetic conductors have been reported in government publications. Historical exploration work in the area is limited, with no evidence of prior drilling. The area is easily accessible due to newly established forestry roads.
An initial field exploration program will be undertaken in the summer to assess outcrops and surface geology. A Beep-Mat electromagnetic survey will aid in identifying potential underlying conductors. The field program will be done simultaneously to a drill program on the Urban property (see BFD news release, March 8th, 2016).
Beaufield’s 100% owned 14,886 hectares Urban property is centrally located within the Urban-Barry camp, near infrastructure and is easily accessible by road. The Urban area is currently one of the most active areas in Quebec. Please refer to Beaufield’s website for a map indicating the principal stakeholders for the Urban region.
This news release has been prepared by Mathieu Stephens, P.Geo., Vice President of Exploration and Corporate Development for Beaufield, the Qualified Person, as defined by National Instrument 43-101.
Beaufield is a mineral exploration company with its exploration activity focused in Quebec. Beaufield is well positioned to advance its portfolio of exploration properties and identify other potential opportunities in the mineral exploration or development stage. The Corporation is actively exploring, well financed with approximately $3 million in cash, has no debt and has excess work credits on its properties.
The information set forth in this press release includes certain forward-looking statements. Such statements are based on assumptions exposed to major risks and uncertainties. Although Beaufield deems the expectations reflected in these forward-looking statements to be reasonable, the Corporation cannot provide any guarantee as to the materialization of the expectations reflected in these forward-looking statements. The Corporation expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.