Beaufield Stakes Claims North of Chibougamau, Quebec, Reports Exploration Holes
February 21 2014 - 9:00AM
Marketwired
Beaufield Stakes Claims North of Chibougamau, Quebec, Reports
Exploration Holes
MONTREAL, QUEBEC--(Marketwired - Feb 21, 2014) - Beaufield
Resources Inc. ("Beaufield" or the "Corporation") (TSX-VENTURE:BFD)
has map staked an additional 14 claims representing 763 hectares on
the Tortigny project located 100 kilometres northwest of
Chibougamau, Quebec. The 100% owned Beaufield project consists of
one large block surrounding the Tortigny Copper-Zinc-Silver-Gold
deposit and a number of smaller blocks on the Troilus-Frotet
mineral belt.
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 result from these holes is planned for
reporting next week.
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 (news release February 3, 2014).
In addition to the two holes to be reported from Tortigny, eight
regional holes were drilled for exploration and assessment
purposes. Four holes were drilled on electromagnetic anomalies west
of the Tortigny property. Three holes were drilled on
electromagnetic anomalies 50 kilometres north east and one hole
approximately 5 kilometres south east of Tortigny. Several of these
encountered massive sulphides with anomalous, but insignificant
metal values.
Annual General Meeting of Shareholders
Beaufield will hold its Annual General Meeting at the offices of
Lavery, De Billy in 1 Place Ville Marie, 40th floor, Montreal at
10:30 am on Wednesday February 26, 2014.
PDAC
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.
Qualified Person
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.
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 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