| Beaufield Grab Samples 6.4 g/t Gold, 36.1 g/t Silver, 3.1% Copper in Urban | |
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MONTREAL, QUEBEC--(Marketwired - Jan 22, 2016) - Beaufield Resources Inc. ("Beaufield") (TSX VENTURE:BFD) is pleased to report results from prospecting, data evaluation and ground geophysics from 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. The south boundary of the Rouleau block adjoins Bonterra Resources' Gladiator discovery project and its northern boundary adjoins Oban Mining's Windfall project. Please refer to Beaufield's web site for a series of detailed maps. Additional work is being planned for the areas of new discoveries and this will include mechanical trenching. On January 24th and 25th, 2016, Beaufield will be attending the Resource Investment Conference in Vancouver. We welcome visitors to come meet management at booth #430. Please visit the Cambridge House International website for more information on this event. 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 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 with approximately $3 million in cash, has no debt and has excess work credits on its properties. The information set forth in this press release includes certain forward-looking statements. Such statements are based on assumptions exposed to major risks and uncertainties. Although Beaufield deems the expectations reflected in these forward-looking statements to be reasonable, the Corporation cannot provide any guarantee as to the materialization of the expectations reflected in these forward-looking statements. The Corporation expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
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PRODUCER |
CODE : BFD.V |
ISIN : CA0743271078 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Beaufield Res. is a nickel and palladium producing company based in . Beaufield Res. produces nickel, palladium, gold in Canada, and holds various exploration projects in Canada. Its main asset in production is HIAWATHA GOLD MINE in Canada and its main exploration properties are CASA BERARDI QUEBEC, MAINSTREET, TROILUS / TORTIGNY, OPINACA, NORTHERN EAGLE GOLD, OPI-WEST, RAGLAN UNGAVA, LAB, TORTIGNY, LAC ROULEAU, HEMLO, LAC EVANS/STORM LAKE and MAINSTREET (LOUVICOURT TWP) in Canada. Beaufield Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 26.1 millions as of today (US$ 20.0 millions, € 17.4 millions). Its stock quote reached its highest recent level on May 12, 2006 at CA$ 1.27, and its lowest recent point on February 05, 2016 at CA$ 0.03. Beaufield Res. has 180 280 000 shares outstanding. |