Beaufield Resources Inc

Canadian Resource Exploration Company

Beaufield Resumes Exploration

Beaufield Resources Inc. has resumed regional iron exploration work including drilling on its Schefferville claims (see press release of July 3, 2012). The work consists of early stage exploration drilling. A series of targets are being tested based on geology, geophysics and historical work by the Iron Ore Company of Canada dating back to the 1940s to 1960s.

It is anticipated that this work, scheduled to be completed by the end of August 2012 will lead to the definition of specific priority areas to be drilled in greater detail once the appropriate agreements with the concerned First Nations are in place.

Beaufield’s 100% Schefferville property extends from the town of Schefferville in a north westerly direction for 50 kilometres and covers 38,370 hectares. The property hosts a substantial portion of the Sokoman Geological formation which hosts the Schefferville iron deposits that are owned by Beaufield’s neighbours. Roads constructed by the Iron Ore Company of Canada during its previous mining operations run the length of the property hence facilitating access.

For additional information and a 43-101 technical report please refer to Beaufield’s website at www.beaufield.com.

This news release has been prepared by Jens E. Hansen, P.Eng., President and CEO of Beaufield, the Qualified Person under section 43-101 with assistance from Mathieu Stephens, project geologist for the Schefferville project.

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