Beaufield Resources Inc. (“Beaufield” or the “Corporation”) (TSX VENTURE:BFD) is pleased to report drilling results from two new holes on its 100% owned Tortigny copper-zinc-silver-gold deposit. The project is located on an all-weather road approximately 100 kilometres north of the town of Chibougamau, Quebec.
Beaufield has recently completed a 10 hole drilling program totaling 2,203 metres on the property including 1,010 metres in the deposit area. Two holes were drilled in the north limb of the Tortigny deposit to explore a portion of the Tortigny structure not previously drilled. The holes were recommended by Micon International Ltd which is currently preparing an updated independent National Instrument (“NI”) 43-101 resource calculation on Tortigny.
The results from all previous holes drilled on the Tortigny deposit have been announced in earlier news releases. A number of high grade sections from these are presently being re-assayed for confirmation for inclusion in the updated 43-101. The re-assay results will be released when available.
The significant intersections are listed in Table 1 below.
Table 1: 2013 Tortigny Drill Holes
Hole To-13-02 confirms the high grade nature of the hinge portion of the deposit. Narrower and lower grade stringers on either side of the high grade core offers possibilities for important mineralization to be explored beyond the core.
Hole To-13-01 was drilled to intersect the deposit below any previous drilling at this location. It intersected 2.76 metres of 1.37% copper, 1.93% zinc, 34.15 g/t silver and 0.24 g/t gold.
Evaluation and advancement of the Tortigny project will continue with down hole geophysics and drilling to expand the resource. The environment is highly prospective for expansion and locating more base metal deposits.
The Tortigny deposit was the subject of an independent National Instrument (“NI”) 43-101 resource calculation which was filed on Sedar on January 11, 2013. Based on the calculation the deposit contains total measured and indicated resources of 845,000 tonnes grading 2.01% Copper, 4.29% Zinc, 55.29 g/t Silver and 0.39 g/t Gold. An updated 43-101 resource calculation is scheduled for completion in three months.
Core processing included descriptive logging and systematic sampling for analysis. 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 systematically inserted in the sequence. Assays are performed at ALS CHEMEX Laboratories in Val d’Or, Quebec which is is certified for ISO9001 and ISO/IEC 17025 standards. The processed samples were submitted 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.
This news release has been prepared by Jens E. Hansen, P. Eng., CEO, President and director of Beaufield and Mathieu Stephens, P. Geo, the Qualified Persons, as defined by National Instrument 43-101.
Beaufield will attend the annual Prospectors and Developers Association of Canada Convention (“PDAC”) from March 2 to 5 2014 in the South Building of the Toronto convention centre. Beaufield management will be pleased to welcome visitors at Booth 3302.
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 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.