Beaufield Resources Inc. (“Beaufield” or the “Company”) is pleased to announce the start of a helicopter electromagnetic survey over several portions of its 100% owned Troilus property, located 150km north of Chibougamau, Quebec. The survey will focus on previously identified geophysical targets located in the vicinity of the Tortigny high-grade volcanic massive sulphides (“VMS”) deposit, on which a resource calculation has just been released (see press release November 28th, 2012).
The Company has also staked a number of new claims in the vicinity of the Tortigny deposit. Beaufield has identified the area as having a high potential for finding additional VMS type mineralisation and the new ground will improve the likelihood of success in finding new mineral resources in the area.
Geotech Ltd. of Aurora, Ontario (“Geotech”) will complete the 708 line-kilometre, helicopter-borne versatile time-domain electromagnetic (“VTEM(plus)”) and magnetic gradiometer survey. The detailed survey with 100 metre line spacing will cover eight distinct blocks, centered over high priority Electromagnetic, MegaTEM anomalies located in the vicinity of Tortigny deposit area. Geotech’s VTEM(plus) system has been shown to be excellent at identifying conductive, massive-sulphide bodies as well as mapping lateral and vertical variations in resistivity. The VTEM system is also equipped with a high sensitivity magnetometer which can aid in mapping geologic structures and lithology. This type of survey is known for its exceptional depth penetration and provides a more accurate definition of targets than conventional systems.
The Tortigny deposit, containing Measured and Indicated Resources of 845,000 tonnes grading 2.01% Copper, 4.29% Zinc, 55.29 g/t Silver, 0.39 g/t Gold (NI 43-101 Compliant), has a strong geophysical signature, highly visible, on a previous VTEM survey conducted by Geotech for Noranda Inc in 2004. Based on the previous success Beaufield considers that the VTEM technology is the best tool available for prospecting for massive sulphides in the Troilus Project vicinity.
The newly completed resource estimate on the Tortigny deposit encouraged Beaufield to strengthen their land position in the area by map-staking 83 new claims, totaling 4483.24 hectares. The new claims are primarily located over previously identified MegaTEM targets which may indicate the presence of conductive material, such as massive sulphides. In most mining districts, VMS deposits tend to occur in clusters and Beaufield’s geological team believes this is the case for the Troilus property.
This news release has been prepared by David Rivard, P.Geo., Vice-President Exploration of Beaufield, Qualified Person under section 43-101.