The current program planned to drill off the known, shallow portion of
the Tortigny deposit began in November 2010 and was completed on June
8th 2011. It totalled 9746 metres in 39 holes of which 12
have been reported (Press releases of February 4 and April 20, 2011).
Assays have been received and are being compiled and interpreted on 19
holes which will be reported once the analysis is completed by the head
geologist. Assays remain to be received on eight holes.
The drilling was undertaken on a systematic pattern using vertical
holes intended to optimally drill what was believed from historical data
to be a "V" shaped deposit. In addition to the 39 holes, seven holes,
totalling 1647 metres, were specified by the company which Beaufield
engaged to undertake a 43-101 compliant resource calculation. These were
drilled at an angle from north to south (approximately). The assays for
these seven other holes also remain to be received.
Core sampling for metallurgical testing and gravity determinations have
been completed and will form a key component of the resource calculation.
Management believes that the resource calculation will provide data
which will assist Beaufield to assess the economic potential of the
Tortigny deposit.
Airborne and ground surveys have identified other technically valid
drill targets on the 31,290 hectares property. As with most volcanic
massive sulphide (VMS) mining districts such as the Matagami and Noranda
mining camps, VMS deposits typically occur in groups or clusters. Hence,
this is considered a highly prospective area for further discoveries.
This press release was prepared by Jens E. Hansen P. Eng, President of
Beaufield Resources Inc., the Qualified Person under section 43-101.
About Beaufield:
Beaufield has approximately $8 million in working capital, no debt and
a promising portfolio of gold and base metal properties all located in the
provinces of Quebec and Ontario.
FORWARD LOOKING STATEMENTS: This press release contains forward-looking
statements, which address future events and conditions, which are subject
to various risks and uncertainties. Actual results could differ
materially from those anticipated in such forward-looking statements as a
result of numerous factors, some of which may be beyond the Company's
control. These factors include: results and timing of exploration
activities, general market and industry conditions and other risks
disclosed in the Company's filings with Canadian Securities Regulators.
Forward-looking statements are based on the expectations and opinions
of the Company's management on the date the statements are made. The
assumptions used in the preparation of such statements, although
considered reasonable at the time of preparation, may prove to be
imprecise and, as such, undue reliance should not be placed on
forward-looking statements. The Company 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. Depending on exploration results, the
Company may at any point modify the suggested work program in this
release.
