Beaufield Expands Holdings at Urban
May 07 2014 - 8:00AM
Marketwired
Beaufield Expands Holdings at Urban
MONTREAL, QUEBEC--(Marketwired - May 7, 2014) - Beaufield
Resources Inc. ("Beaufield" or the "Corporation") (TSX-VENTURE:BFD)
is pleased to report the acquisition of 28 new claims adding 692.9
hectares to its Urban property. Beaufield now owns 100% of the
entire 8,160 hectares Urban property located approximately 190 km
northeast of Val d'Or, Quebec.
Of these new claims, nine were staked by map designation in an
area believed to contain important regional geological structures.
These structures are known to contain gold mineralization in the
area.19 other claims where purchased from an arm's length party for
$3,000. The claims are located in the central portion of the
Urban-Barry greentstone belt. One group of claims is located only
1.6 kilometres from the center of Eagle Hill Exploration's Windfall
gold deposit. The other group of claims is located four kilometres
along strike from the same deposit.
The Urban area has been the focus of increased gold exploration
activity by Beaufield and its neighbours. Metanor Resources Inc
owns the Barry mine and Eagle Hill Exploration Corp has recently
announced a 43-101 compliant resource estimate on the expanding
Windfall gold property which adjoins Beaufield's ground.
For location of the Beaufield ground in relation to other owners
please refer to the map on the Beaufield website.
To view the map associated with the press release, please visit
the following link:
http://media3.marketwire.com/docs/BFD_Urb_PromoMap.pdf.
Qualified
Person
This news release has been prepared by Mathieu Stephens, P.Geo,
and approved by Jens E. Hansen, Eng., CEO, President and director
of Beaufield, the Qualified Persons, as defined by National
Instrument 43-101.
Canadian Investor
Conference 2014
Beaufield will attend the annual Canadian Investor Conference on
June 1st and 2nd, 2014 in Vancouver where Beaufield management will
be pleased to welcome visitors at booth #319. Please visit the
Cambridge House International website for more information on this
event.
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, 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.
MI3 Financial CommunicationsMario Drolet,
President514.904.1333Cell.:
514.346.3813514.904.2331mario@mi3.caJens E. Hansen, President and
CEO514.842.3443514.842.3306info@beaufield.comwww.beaufield.com
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