Beaufield Resources Inc.

Published : July 02nd, 2016

Beaufield expands drill program at Urban

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Keywords :   Cash | Debt | Georgia | Gold |

Beaufield expands drill program at Urban

June 16, 2016

Beaufield Resources Inc. ('Beaufield') (TSX- V: BFD) is pleased to provide a progress report of its drill program on its 12,915 hectare, Urban property. To date, 1,169 metres has been completed during the first half June on the Macho block, including the follow-up on the Lucky 7 zone where drill hole BU-15-07 had intersected 7.86 g/t Au over 6 metres near surface (BFD news release, December 8th, 2015).

Drill core samples from the program have been sent to ALS Laboratories in Val d'Or to be assayed. A portion of the samples from the new holes contains sulfide mineralization similar to hole BU-15-07 and is to be assayed on 'a rush' basis. The drill is on site to continue drilling. The mineralization coincides with a 1,400 metre long strong induced polarization (IP) anomaly identified in 2015.

Beaufield plans an expansion of exploration and drilling on its key Urban holdings. These plans are to be announced next week.

Beaufield's flagship Urban property is centrally located within the Urban-Barry camp, on prime ground and near infrastructure and is easily accessible by road. The Urban area one of the most active gold exploration camps in Quebec with many companies operating in the area including Osisko Mining (previously Oban), Bonterra Resources, Urbana Corporation and Metanor Resources. Please refer to Beaufield's website for a map indicating the principal stakeholders for the Urban region.

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. 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.

Jens E. Hansen, President and CEO : Tel: 514.842.3443Mathieu Stephens, VP Exploration and Corporate Development: Tel: 613.721.2919E-mail: [email protected]: www.beaufield.com
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Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All

Beaufield Resources Inc.

PRODUCER
CODE : BFD.V
ISIN : CA0743271078
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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$ 25.2 millions as of today (US$ 20.0 millions, € 16.6 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.

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Annual reports of Beaufield Resources Inc.
2008 Annual report
Nominations of Beaufield Resources Inc.
6/3/2013Announces Appointment of New CEO and President
7/21/2011Peter G. White Joins Beaufield Board
3/29/2011Grant of 400,000 stock options
3/29/2011John MacLatchy Joins Beaufield Board
Project news of Beaufield Resources Inc.
7/2/2016Beaufield undertakes geophysics for more drilling at Urban
2/18/2014Inc=2E : Melkior Intersects 6=2E20 g/t Gold Over 10=2E5 Metr...
9/20/2013(Opinaca)Announces Results at the Opinaca (Eleonore) Project
12/11/2012(Tortigny)Initiates VTEM Airborne Geophysical Survey in the Vicinity o...
7/12/2011(Schefferville)Commences 2011 Schefferville Iron Exploration
6/27/2011(Tortigny)Completes Tortigny Drilling
5/27/2011(Schefferville)Starts Fieldwork for Iron at Schefferville
3/1/2011(Casa Berardi Quebec)Options its Casa Berardi Project to Actus Minerals
2/4/2011(Tortigny)Reports Assays From First Four Holes From Tortigny
Corporate news of Beaufield Resources Inc.
7/28/2016Beaufield completes $537,500 Institutional Lead Flow-Through...
7/13/2016Beaufield issues clarification on Troilus Lithium Property
7/13/2016Beaufield options Moblan area Lithium Claims to Hinterland M...
7/6/2016Beaufield drills next to Bonterra Gladiator
7/2/2016Beaufield expands drill program at Urban
7/2/2016Beaufield drills Urban property
6/21/2016Beaufield developing more drill targets in Urban
5/26/2016Beaufield Enters into an Investor Relations Agreement
4/26/2016Beaufield stakes Lithium claims at the Moblan Deposit near T...
4/25/2016April 25, 2016 - Winter Drilling Completed on the Urban Town...
1/22/2016Beaufield Grab Samples 6.4 g/t Gold, 36.1 g/t Silver, 3.1% C...
1/19/2016Beaufield Announces Date of Annual Meeting of Shareholders
1/11/2016Beaufield Grants Stock Options to New Director
1/8/2016Beaufield Announces Director Resignation and Vice President ...
12/21/2015Beaufield Grants Stock Options to New Director
10/27/2015Beaufield Appoints William Deluce to the Board
10/22/2015Beaufield Reports on Urban 2015 Discoveries
10/19/2015Beaufield Completes a Private Placement of $200,000
10/13/2015Beaufield Completes 1,693 Metres of Drilling at Urban
10/9/2015Beaufield Completes a Private Placement of $200,000
9/14/2015Beaufield Begins Drilling at Urban
7/17/2015Beaufield announces 2015 field program
4/2/2015Beaufield Resources Inc.: Geophysics Completed in Urban Town...
2/27/2015Beaufield Resources Reports Annual General Meeting Results
2/26/2015Urbana Corporation and Beaufield Resources undertake geophys...
1/23/2015Beaufield Announces Date of Annual Meeting of Shareholders
11/25/2014Urbana Corporation and Beaufield Resources Enter Into Joint ...
11/14/2014Urbana Corporation and Beaufield Resources Enter Into Joint ...
10/28/2014Beaufield Grants Stock Options
9/22/2014Beaufield Discovers New Showing Assaying 1.95% Cu, 28.2 g/t ...
9/4/2014Beaufield Resources Inc.: Geologica to Complete a NI 43-101 ...
8/14/2014Beaufield Follows Up on High Grade Sample Results
8/7/2014Beaufield Files NI 43-101 Updated Technical Report for its T...
8/1/2014Beaufield Assays 20.0 g/t Gold, 54.9 g/t Ag and 2.4% Copper ...
7/22/2014Beaufield Intersects 2.64 g/t Gold Over 11.60 Metres on Surf...
7/21/2014Beaufield Reports an Updated Resource Estimate for the Torti...
7/16/2014Beaufield Commences Summer Exploration Program at its Eleono...
6/27/2014Beaufield and Melkior advance and expand work on Launay
6/26/2014Beaufield and Melkior Advance and Expand Work on Launay
6/17/2014Beaufield Resources Inc.: Exploration at Urban Property Debu...
5/28/2014Beaufield 2014 Exploration Activities Update
5/7/2014Beaufield Expands Holdings at Urban
4/29/2014Beaufield Appoints Investment Banking Veteran to the Board
4/25/2014Beaufield Expands Launay Property
4/9/2014Beaufield Enters into an Investor Relations Agreement with M...
10/7/2013Expands Drilling Program at Urban Gold
9/12/2013Intercepts 34.7 g/t Au in Drilling at Urban
9/4/2013(Opinaca)Drills 2321 Metres at Opinaca
8/21/2013Continues to Drill at Urban Gold
7/24/2013Reports Massive Sulfides Boulder at =?ISO-8859-1?Q?=20Troilu...
7/18/2013to Begin Drilling at Urban
5/1/2013Plans $2,000,000 Exploration in 2013
3/18/2013Resumes Exploration Focus
2/19/2013Announces the Signing of an Exclusivity Agreement and Letter...
1/11/2013(Tortigny)Files NI 43-101 Technical Report for its Tortigny Resource E...
10/10/2012Announces Nomination of President and CEO
10/4/2012Closes $2 Million Private Placement with Hongkong Huaxin Pet...
4/20/2011(Tortigny)Reports Assays From Eight Holes From Tortigny
4/6/2011Continues Drilling, Expands Land Position in Key Areas and U...
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