Feb 19 2016
Beaufield Resources Inc. is pleased to announce details on its upcoming drill program at its 100% owned Urban property, Quebec. The Urban property consists of three blocks of claims (Rouleau, Macho and Lac Kent) centrally located within the Urban-Barry greenstone belt.
On December 8, 2015, Beaufield announced results from a fall drill program on its Macho block where drill hole BU-15-07 intersected 7.86 g/t gold over 6 metres near surface. The hole was drilled to test a 1,400 metres long strong induced polarization (IP) anomaly identified earlier in the year and where surface sampling had assayed 20.0 g/t gold, 54.9 g/t silver and 2.43% copper in a grab sample (August 1st, 2014 news release). The March 2016 drill program is designed to test the potential extension of the mineralization along strike and at depth.
The drill program will also target other high priority IP anomalies that remain untested and could not be accessed in the fall. The program is being done simultaneously to Urbana Corporation's recently announced drill program which is also being managed by Beaufield and with the benefit of reducing overall costs for both companies.
Beaufield has held the property since the mid 1980s. The Urban Township has been the focus of detailed gold exploration and mining over a number of years with exploration activity in the township recently accelerating with over 75,000 metres of drilling planned by others on neighboring properties
Drill programs are currently underway at the nearby Windfall and Gladiator projects held by other companies, and Metanor Resources announced last week that the company is studying the possibility of restarting gold mining operations at the open-pit located a few kilometres from Beaufield's property.
A few kilometres beyond the Windfall deposit, is the Rouleau Zone 18 Gold project owned by Beaufield where a historical resource has been reported in Quebec government publications. Beaufield geologists are currently compiling historical work on this area in preparation for a detailed work program this summer, including drilling.
The development of these advanced projects has attracted considerable attention to the area and the added infrastructure has greatly facilitate access to Beaufield's property.
Beaufield will be attending the Prospectors and Developers Conference (PDAC) in Toronto from March 6th to March 9th, 2016. We welcome visitors to come meet management at booth #2903.