Beaufield Resources Inc. has commenced a summer field exploration program on its wholly-owned Eleonore-Opinaca project, in James Bay, Quebec. Work over the coming weeks will consists of beep-mat assisted prospecting, sampling and surveying over the northern portion of the property, an area adjoining Goldcorp’s property and located 6 kms from the Eleonore world-class gold mine that is set to commence production in 2014. Preliminary data suggests that the underlying geology of this portion of the Beaufield property contains important regional structures that are similar to the formations hosting the neighboring deposits. Beaufield geologists have determined that the area could also host porphyry-style mineralization.
Summer surface work will cover multiple high value targets on the property, including geophysical and soil anomalies and will follow-up on areas where gold (Au), copper (Cu) and molybdenum (Mo) were previously discovered by Beaufield. An area known as the Snoopy occurrence assayed up to 12% molybdenum in a grab sample. Several other occurrences were also discovered within the same area with values as high as 1.5% Cu and 6.5 g/t Au in different grab samples.
Access to the property has considerably improved with the new infrastructure added by Goldcorp at its Eleonore mine. A new road that leads to the mine passes immediately north of Beaufield’s property, this has facilitated Beaufield’s logistics and increased effectiveness.
The Eleonore area is developing into a new world class gold camp with the Goldcorp start-up and other active explorers that include Virginia Mines and Hecla Mining. The area promises to see increased development and has been compared in its potential to early days in other major Canadian mining camps. Beaufield’s Eleonore-Opinaca property is shown on the adjoining area map and is also available on Beaufield website (www.beaufield.com). It shows the key location of the property.
This news release has been prepared by Mathieu Stephens, P. Geo., the Qualified Person, as defined by National Instrument 43-101.
Beaufield is a mineral exploration company with its exploration activities 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. Beaufield is actively exploring, well financed, has no debt and has excess work credits on its properties.