Beaufield Drills 4.89 g/t Au Over 7.70 Metres at its Urban Gold Property
January 28 2014 - 11:24AM
Marketwired
Beaufield Drills 4.89 g/t Au Over 7.70 Metres at its Urban Gold
Property
MONTREAL, QUEBEC--(Marketwired - Jan 28, 2014) - Beaufield
Resources Inc. ("Beaufield" or the "Corporation") (TSX-VENTURE:BFD)
is pleased to announce assay results for its last 8 drill holes
from its 2,183 metre drill program on its 100% owned Urban gold
property. 3 holes were reported on September 12th, 2013.
New drilling highlights include:
- 38.85 metres of 0.88 g/t gold in BLR-13-01
- 11.00 metres of 3.55 g/t gold, including 7.70 metres of 4.89
g/t gold in BLR-13-02
- 13.00 metres of 1.80 g/t gold, including 3.00 metres of 6.29
g/t gold in BLR-13-05
6 holes targeted the Zone 18 area located northeast of the
Rouleau Lake. Gold mineralization in Zone 18 is found within a
sub-vertical brecciated, strongly silicified and moderately
carbonatized felsic tuf and mudrock unit. Gold mineralization in
the zone 18 area was originally discovered by Falconbridge in 1987.
Beaufield funded the 1987 program to acquire an interest in the
property. Beaufield subsequently acquired a 100% interest. The
Urban gold project consists of 173 claims covering 7,085 hectares
located in the Urban-Barry Archean greenstone belt, 190 km NE of
Val-d'Or, Quebec.
All holes drilled intercepted anomalous to high grade gold over
varying widths. Hole BLR-13-01 targeted the centre of a known
mineralized trend. Hole BLR-13-02, was drilled from the same
location with a steeper angle to test extension of the
mineralization at depth. Holes BLR-13-03 and BLR-13-04 were drilled
25m to west and to the east respectively to test for mineralization
continuity along strike.
Holes BLR-13-05 and BLR-13-06 targeted the extension of Zone 18
along strike roughly 50 metres west. Hole BLR-13-06 intercepted
gold over a narrow interval, it was in fact terminated early due to
technical reasons and did not reach its intended target where gold
is expected over greater widths. A summary of the Zone 18 holes is
given in table 1 below.
Table 1: Zone 18 Drilling Highlights
Hole |
From (metres) |
To (metres) |
Length (metres)* |
Gold g/t |
BLR-13-01 |
51.00 |
89.85 |
38.85 |
0.88 |
|
including |
53.00 |
67.00 |
14.00 |
2.23 |
BLR-13-02 |
62.00 |
73.00 |
11.00 |
3.55 |
|
including |
64.30 |
72.00 |
7.70 |
4.89 |
BLR-13-03 |
46.15 |
54.00 |
7.85 |
1.27 |
BLR-13-04 |
71.00 |
95.60 |
24.60 |
0.20 |
|
including |
73.00 |
76.00 |
3.00 |
2.31 |
BLR-13-05 |
15.00 |
18.30 |
3.30 |
2.90 |
BLR-13-05 |
49.00 |
62.00 |
13.00 |
1.80 |
|
including |
53.00 |
56.00 |
3.00 |
6.29 |
BLR-13-05 |
76.65 |
112.00 |
35.35 |
0.30 |
|
including |
77.65 |
79.65 |
2.00 |
1.13 |
BLR-13-05 |
105.50 |
109.30 |
3.80 |
1.44 |
BLR-13-06 |
222.00 |
222.35 |
0.35 |
7.92 |
* Drill core lengths may not represent true widths
Two holes targeted the Lac Kent area where historical drill
holes are reported to have returned gold associated with a
coincident induced polarization/magnetic anomaly. Hole BLK-13-01
targeted the centre of this anomaly. Anomalous values in gold,
silver and zinc where returned. Hole BLK-13-02 targeted the
extension of the same anomaly further east. This hole also
encountered anomalous gold, silver and zinc values. Best
intersections are listed in table 2 below.
Table 2: Lac Kent Drilling Highlights
Hole |
From (metres) |
To (metres) |
Length (metres)* |
Gold g/t |
BLK-13-01 |
69.00 |
70.00 |
1.00 |
0.58 |
BLK-13-02 |
59.35 |
61.35 |
2.00 |
0.28 |
* Drill core lengths may not represent true widths
Table 3: Drill Hole Locations and Attributes
Hole |
Easting* |
Northing* |
Azimuth |
Dip |
Length |
BLR-13-01 |
457558 |
5430794 |
160 |
-50 |
150m |
BLR-13-02 |
457558 |
5430794 |
160 |
-65 |
201m |
BLR-13-03 |
457528 |
5430793 |
160 |
-55 |
177m |
BLR-13-04 |
457579 |
5430807 |
160 |
-55 |
174m |
BLR-13-05 |
457524 |
5430686 |
360 |
-45 |
201m |
BLR-13-06 |
457524 |
5430686 |
345 |
-80 |
255m |
BLK-13-01 |
439663 |
5423477 |
335 |
-48 |
156m |
BLK-13-02 |
439977 |
5423672 |
325 |
-48 |
185m |
* UTM NAD83 Zone 18N
Beaufield's Urban properties host numerous gold occurrences many
requiring exploration in greater detail. Upon a detailed analysis
of the current data which has demonstrated the exploration
potential of the area, a detailed follow-up program will be
proposed.
The Urban area has been the focus of increased gold exploration
activity by Beaufield and its neighbours which are developing
properties that adjoin Beaufield. Metanor Resources Inc. is
operating the Barry mine and Eagle Hill Exploration Corp. has
recently undertaken an extensive 22,000 metre drill program on its
promising Windfall gold property which adjoins the Beaufield
ground. A map is attached showing the location of the major
participants undertaking active exploration in the Urban
Township.
This news release has been prepared by Mathieu Stephens, P.Geo,
and approved by by Jens E. Hansen, Eng., CEO, President and
director of Beaufield, the Qualified Persons, as defined by
National Instrument 43-101.
QAQC
638 core samples, totaling 501.95 metres were bagged and quality
control samples (blanks and standards) were inserted in the
sequence. Core processing included descriptive logging and
systematic sampling for analysis. Every sampled interval was sawed
in half with a core splitter. 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 commercial laboratory. Assays are performed
at ALS CHEMEX Laboratories in Val d'Or, Quebec. 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.
About
Beaufield:
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.
Jens E. HansenPresident and
CEO514.842.3443514.842.3306info@beaufield.comwww.beaufield.com