Beaufield Resources Inc. (“Beaufield” or the “Company“) Beaufield is pleased to announce a drill program planned to start at the end of the month on its 100% owned Urban Township gold property. Urban Township has been the focus of detailed gold exploration and mining over a number of years with exploration activity in the township accelerating. Beaufield has held the property since the mid 1980s. It covers a total area of 69.51 square kilometres (6,951 hectares)
Three targets are slated for drilling. The first being the Lac Kent area, which is on strike with Metanor’s Barry gold deposit. In the late 1970s, several holes were drilled by other companies onto what is now Beaufield’s property in which gold was encountered, including hole 7515-77-4 which was drilled by Shell Canada Resources in 1977 and intersected 439 g/t Au over 0.2 metres.
The second target will be the possible strike extension onto Beaufield’s property of important gold intersections reported by Bonterra Resources Inc. from its East Extension property. Hole BA-12-10 which encountered 73 g/t Au over 3 metres is collared close to Beaufield’s property. (Bonterra News release June 13th, 2012).
The third target will be Beaufield’s Lac Rouleau gold deposit where previous drilling has defined a gold resource of interest. In this area, Falconbridge, the operator for Beaufield at that time, drilled a series of holes in 1987 and encountered gold in numerous drill holes. Table 1 below lists a few of these holes.
|Hole Number||Best gold value|
|Hole 87-18||4.80 g/t Au over 3.76 metres|
|Hole 87-33||8.98 g/t Au over 4.36 metres|
|Hole 87-51||7.64 g/t Au over 7.42 metres|
|Hole 87-63||27.53 g/t Au over 3.05 metres|
|Table 1: Gold in drill holes intersections in Zone 18, Urban Property|
It is anticipated a total of approximately 1,000 metres will be drilled in this program. An expanded program will be considered based on the results.
This news release has been prepared by Jens E. Hansen, P.Eng., CEO, President and director of 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 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 Company cannot provide any guarantee as to the materialization of the expectations reflected in these forward-looking statements. The Company 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.