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July 6, 2016
Beaufield drills next to Bonterra Gladiator
Beaufield Resources Inc. ('Beaufield') is pleased to report that drilling has started on the Rouleau block at Urban. The first hole has reached a depth of 762 metres as of yesterday and is targeting the interpreted southwest extension of the promising Bonterra Resources Gladiator Gold Project which remains open in this direction (Bonterra Resources June 20 2016 news release). The area targeted is located approximately 400 metres southwest of Bonterra's property boundary. A series of holes have been planned to test gold trends extending onto Beaufield's property as shown on to the linked map.
Due to the high level of activity and positive outlook for the Urban gold camp, Beaufield management is focusing drilling on its Urban holdings. Beaufield originally acquired the Urban property in 1987 due to its numerous historical gold occurrences and potential for discovery.
Qualified Person:
This news release has been prepared by Mathieu Stephens, P.Geo., Vice President of Exploration and Corporate Development for Beaufield, the Qualified Person, as defined by National Instrument 43-101.
About Beaufield:
Beaufield is a well financed mineral exploration company with its exploration activity focused in Quebec. Please refer to Beaufield's website to view the company's properties in Eleonore-Opinaca, Troilus and elsewhere. The Corporation is actively exploring, well financed with approximately $2.5 million in cash, has no debt and has excess work credits on its properties.
Jens E. Hansen, President and CEO : Tel: 514.842.3443Mathieu Stephens, VP Exploration and Corporate Development: Tel: 613.721.2919E-mail: [email protected]
Web: www.beaufield.com
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Investor Relations EuropeKai Hoffmann, Soar Financial PartnersE: [email protected] / T: +49 69 175 54832 0
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VanEck Vectors Global Alternative Energy ETF
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PRODUCER |
CODE : BFD.V |
ISIN : CA0743271078 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Beaufield Res. is a nickel and palladium producing company based in . Beaufield Res. produces nickel, palladium, gold in Canada, and holds various exploration projects in Canada. Its main asset in production is HIAWATHA GOLD MINE in Canada and its main exploration properties are CASA BERARDI QUEBEC, MAINSTREET, TROILUS / TORTIGNY, OPINACA, NORTHERN EAGLE GOLD, OPI-WEST, RAGLAN UNGAVA, LAB, TORTIGNY, LAC ROULEAU, HEMLO, LAC EVANS/STORM LAKE and MAINSTREET (LOUVICOURT TWP) in Canada. Beaufield Res. is listed in Canada and in United States of America. Its market capitalisation is 6.6 millions as of today (US$ 5.3 millions, € 4.4 millions). Its stock quote reached its highest recent level on May 12, 2006 at 1.27, and its lowest recent point on February 05, 2016 at 0.03. Beaufield Res. has 47 442 200 shares outstanding. |