|By Marketwired .||
|August 14, 2014 02:20 PM EDT||
MONTREAL, QUEBEC -- (Marketwired) -- 08/14/14 -- Beaufield Resources Inc. ("Beaufield" or the "Corporation") (TSX VENTURE:BFD) is pleased to report it has resumed field work at its Urban property following recent positive exploration results on the Macho block, including 20.0 g/t gold and 2.43% copper in a grab sample (Beaufield Aug. 1,, 2014, news release).
Beaufield staff is on-site conducting exploration consisting of beep-mat assisted prospecting for massive sulphide mineralization, sampling, surveying and ground-proofing of geophysical anomalies and known occurrences. Several important conductors have recently been identified on the property and these will be followed-up in detail on the ground. Gold mineralization in the area is often associated with sulfides which can be located by geophysical surveying. Numerous high grade gold showings exist in the Macho River area and historical drill cores are on site and will be re-examined and possibly re-assayed. The terrain has limited rock exposure but previous work suggests that overburden is relatively thin and that bedrock could be reached by trenching work.
Compilation of existing data indicates that the type of mineralization encountered correlates with porphyry style mineralization and may become thicker along strike in an area that has never been drill tested. Additional geological mapping combined with ground geophysics will aid in determining future drill and exploration targets. Beaufield's Macho portion of the Urban property has received little exploration attention for over fifteen years compared to its neighbors.
Beaufield's Urban township blocks cover 8,160 hectares (81.6 square kilometres), and are located 120 km northeast of Val d'Or. They consist of three blocks: Macho, Rouleau and Lac Kent. More details and an area map are available on Beaufield's website and on the adjoining map: http://media3.marketwire.com/docs/BFD_0814.pdf.
The Corporation's properties adjoin Eagle Hill Exploration's property and Metanor Resources' Barry Mine properties. Both companies are very active in Urban.
Beaufield considers these initial results highly encouraging because they demonstrate the potential for locating gold/copper deposits on the Macho block. The property is located 7 km west of the Eagle Hill's developing Windfall gold deposit in an area with excellent access and growing infrastructure.
This news release has been prepared by Jens E. Hansen, Eng., CEO, President and Director, and Mathieu Stephens, P. Geo, Chief Geologist, the Qualified Persons, 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 Corporation is actively exploring, well financed, has no debt and has excess work credits on its properties.
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.
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