Ottawa, Ontatio – Beaufield Resources Inc. is pleased to announces the start of an induced polarization (I.P.) geophysical survey on the 100% owned Opinaca Goldproperty, located 6 kilometres south of Goldcorp’s Roberto high-grade underground project,in the James Bay region of Québec. Roberto contains measured and indicated resources of 3.2Moz @ 11.9g/t plus inferred resources of 6.3Moz @ 12.9g/t (Source: Goldcorp press release February 17, 2010).
Thirty-nine (39) kilometres of linecutting and an Induced polarization (IP) geophysical survey will be conducted on Beaufield’s Opinaca Gold property. The IP program will cover an area anomalous in gold, where 22 grab samples returned values ranging from 500 ppb Au to 5.67 g/t Au. The gold mineralization is associated with arsenopyrite and tourmaline and is very similar in mineralization and mineral association to the East-Roberto Zone of the Éléonore deposit. I.P. is understood to have been effective in the discovery of the nearby Roberto gold deposit.
This survey is intended to identify buried extensions and to better understand the spatial orientation of the currently known surface gold mineralization. The induced polarization should respond positively to the presence of disseminated arsenopyrite and pyrite and help define targets for a future mechanical trenching and drill programs.
Other summer programs
A new resource calculation of Beaufield’s 100% owned Tortigny copper-zinc-silver deposit is being completed by SGS-Canada Inc. A model of the known mineralization will be used to guide drilling.
The Schefferville Iron and zinc properties will be field examined. An interpretation of an airborne magnetic and radiometric survey is nearing completion. This interpretation is intended to identify areas of greater interest for oxide iron deposits. Government geochemical data is also being interpreted to focus the exploration. An airborne gravity survey is being considered. A summer field program will examine specific targets for iron and zinc. Beaufield’s owns 100% of 824 map designated claims totaling 40 217 hectares or 402 square kilometers of prime exploration land in the vicinity of Schefferville.
Beaufield’s Hemlo and Urban gold projects are being explored by others who have the right to earn 50% interest by spending a total of approximately $ 3,280,000.
Beaufield has approximately $6.5 million in working capital, no debt and a promising portfolio of gold and base metal properties.
This press release was prepared by David Frappier-Rivard P. Geol., Exploration Manager for Beaufield Resources Inc. and by Jens E. Hansen P. Eng, President of Beaufield Resources Inc., the Qualified Persons under section 43-101.