MONTREAL, December 8th, 2017 – Beaufield Resources Inc. (“Beaufield”) (TSX VENTURE: BFD) provides an operational update for its 100% owned Urban property located in the Windfall gold camp, Quebec. This news release provides remaining assay results for the drill program completed this past fall, information on the start of a new airborne geophysical survey over the Urban Far East claims and additional details on an upcoming 7,500 metre winter drill program on the Rouleau block.
“While the results from our last drill program were disappointing, we continue to believe our Rouleau Block offers excellent discovery potential. We have designed a winter program to test additional prospective target areas that were inaccessible to us during the summer months, including some priority deep holes near the northern margin of our claim block,” stated Ron Stewart, President and CEO of Beaufield.
Remaining drill results for Beaufield’s summer/fall drill program for the Urban property have been received and compiled. The drill program consisted of 39 holes for a total of 9,777 metres concentrating on three different areas of the property. Drill results for 20 of these holes and partial results for hole BRS-17-10 have been previously released (September 18 and October 16, 2017 news releases).
Drill results for the remaining 13 holes drilled on the Rouleau block and 6 for the Macho block are provided in the table below and a map showing drill locations is adjoined.
|Drill Hole||Area||Length (m)||UTM E||UTM N||Azimuth||Dip||From (m)||To (m)||Length* (m)||Gold (g/t)|
|BRS-17-08||Rouleau South||46||457487||5428435||340||-70||Hole abandoned – no assays|
|BRS-17-08A||Rouleau South||309||457487||5428435||335||-70||No significant results|
|BRS-17-12||Rouleau South||15||457811||5428949||335||-50||Hole abandoned – no assays|
|BRS-17-12A||Rouleau South||204||457811||5428949||327||-54||No significant results|
|BUET-17-05||ET Zone||582||453549||5432927||22||-45||No significant results|
|BUET-17-06||ET Zone||229.3||453547||5432924||90||-45||No significant results|
|BUM-17-09||Macho Block||208||441941||5434310||150||-50||No significant results|
|BUM-17-11||Macho Block||232||441590||5433057||145||-50||No significant results|
|BUM-17-12||Macho Block||205||440007||5435209||180||-50||No significant results|
|BUM-17-13||Macho Block||229||440397||5435053||200||-50||No significant results|
|*May not represent true width: There is insufficient information at this time to determine true widths of mineralized intercepts.
** Hole previously reported
In the Rouleau South area, a series of holes were drilled to test for potential extensions of gold mineralization from Bonterra’s nearby Gladiator deposit. Although strong silicification and moderate carbonate alteration was observed in most of the holes, only two encountered significant gold mineralization. Notably the previously reported holes BRS-17-06 and BRS-17-10 returned 7.48 g/t gold over 2.58 metres and 33.6 g/t gold over 1.0 metre, respectively. Gold mineralization occurs in association with dark smoky quartz veins containing minor sulphides or native gold.
Two additional holes targeted the ET zone located just south of the Windfall deposit. A total of six holes were drilled to a maximum vertical depth of 410 metres as a first pass on this target. Although assay results were disappointing, the geology intersected showed some similarities with the nearby Windfall deposit. Further work for the area is being considered.
On the Macho block, drilling focused on a series of electromagnetic anomalies and surface gold showings. Although significant sulfides were intersected in several holes, no significant results were recorded. Further work is under consideration for specific portions of the claim block.
In the upcoming months, Beaufield will be undertaking an initial 7,500 metre winter drill program with a minimum of two drills focused on priority areas of the Rouleau block that could not be drilled during the summer due to wet conditions and difficulties accessing the target areas. The program will be expanded by adding additional drill rigs depending on the results of the first pass drilling.
The areas to be targeted by the winter drill program include the potential extension of Osisko Mining’s Lynx zone located adjacent to the northeast portion of the Rouleau block. The proposed program has been designed to drill test this area at depths of up to 1.0 km since many of the gold intercepts reported by neighbouring Osisko are relatively deep. In addition, several electromagnetic anomalies identified by the VTEM survey completed this past summer and a series of targets identified by a summer till program will be tested. The prospective Tourmaline Ridge area will also be tested where anomalous gold in soil samples coincides with geophysical anomalies and is adjacent to intense tourmaline alteration and zinc anomalism in nearby historical drilling
Drilling will also target the Rivage Gap, an area located between Bonterra’s Gladiator deposit and the Rivage gold zones (73.8 g/t gold over 3 metres (Bonterra Resources news release September 27th, 2012)).
On the Urban Far East claims located approximately 80 kilometres east for the Rouleau block, a helicopter borne electromagnetic and high resolution magnetic survey is set to begin next week. The 269 kilometre survey is designed to cover a specific portion of the property were historical gold showings seem to correlate with airborne electromagnetic anomalies. Exploration in the area has been limited, with no previous drilling on the historical surface gold showings. The data will aide in identifying and understanding underlying structures that may control gold mineralization in the area.
Beaufield’s drill program includes descriptive logging and systematic sampling of the drill core for analysis. A total 3,587 samples were taken from the drill core. Every sampled interval was split in half with a core splitter or cut with a diamond blade saw. Half of any sampled core was left in the core box for future reference and the remaining half was bagged and sealed and sent to a commercial laboratory. Quality control samples (duplicate, blanks and standards) were inserted in the sequence. Assays were performed at ALS CHEMEX Laboratories in Val d’Or, Quebec. The processed samples were subjected to a standard Fire Assay with AA technique (Au-AA-23) and Inductively Coupled Plasma Emission Spectroscopy (ME-ICP-41) on a 30 gram sub-sample. True Widths Statement: There is insufficient information at this time to determine true widths of the reported mineralized intercepts.
This news release has been prepared by Ronald Stewart, P.Geo., President and CEO of Beaufield and Mathieu Stephens, P.Geo., Vice President of Exploration and Corporate Development for Beaufield, the Qualified Persons, as defined by National Instrument 43-101.
Beaufield is a mineral exploration company with its exploration activity focused in Quebec and Ontario. Please refer to Beaufield’s website to view the Corporation’s properties in Urban, Launay, Eleonore-Opinaca, Troilus, Hemlo and Launay. The Corporation is actively exploring, is well financed with approximately $5 million in working capital, has no debt and has excess work credits on its properties.
|Jason Monaco, Partner at FCCC : Tel: 416.566-8894
E-mail: [email protected]
Web : www.firstcanadiancapital.com
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.