Beaufield Resources Inc.: Beaufield Resources Inc.: 2008 Exploration Summary at Rouleau and Opinaca Gold Property
OTTAWA, ONTARIO--(Marketwire - Feb. 26, 2009) - Beaufield Resources Inc. (TSX VENTURE:BFD) is pleased to announce the results from its 2008 field season on their 100% owned Opinaca, Opi-West and Lac Rouleau properties. The summer-fall 2008 work program consisted in prospecting, mapping and sampling generating new targets to explore and define in 2009.
Opinaca:
The Opinaca property is located in the James Bay Area, Quebec and forms part of the western boundary with "Les Mines Opinaca Ltee." Eleonore gold project, a wholly owned subsidiary of Goldcorp Inc.
793 rock samples were collected over the northern third of the Opinaca property, out of these"32 samples returned values greater than 500 ppb gold (Au). 16 samples were from a tourmaline-diopside, arsenopyrite rich, alteration zone, graded 1g/t Au or more (including 2.6 g/t Au, 3.0 g/t Au and 5.0 g/t Au). This altered unit, which hosted the previously discovered Vortex Showing: 9.9 g/t Au, 9.5 g/t Au, 7.4 g/t Au, 5.6 g/t Au and 2.8 g/t Au over 1metre on surface and 1.1 g/t Au over 20m in the DDH OP-01-06; (press release of June 12th, 2007). This gold bearing horizon has now been mapped for 5 kilometres. It is of significant exploration interest because the mineralization and alteration are similar to the East-Roberto Zone, now being prepared for mining by Goldcorp Inc.
A new soil geochemical grid was established over soil covered areas of the Kessel and Ylesia gold-molybdenum zones where 971 soil samples were collected. Previous rock sampling discovered an outcropping witch graded 6.51g/t Au, 33.6g/t Ag, 1.36% Co and 12% molybdenum (press release of March 23rd, 2007). High gold values were obtained (up to 1g/t Au in soil) compilation and interpretation of the assay results is in progress.
In 2009 expanded sampling and geophysics will be conducted over the 5 kilometre long Vortex horizon and detailing geochemistry will be conducted at Kessel-Ylesia. Prior to the current work, the Vortex horizon was explored for only 300 metres.
Opi-West:
In 2007 an airborne electromagnetic-magnetic survey was flown and generated interesting massive sulphides targets. In 2008 a ground follow-up program, consisting of prospecting and mapping was realized and 230 rock samples were collected. A very silicified hydrothermal breccia associated with a felsic volcanic unit, mineralized in pyrite, was followed over 2 kilometres. The best assay returned values of 183 ppb Au and 0.2% Zn. More prospecting is required.
Lac Rouleau:
The "Lac Rouleau" gold project consists of 368 claims covering 5837.26 hectares located in the Urban-Barry Archean greenstone belt, 190 km NE of Val-d'Or, Quebec. Ten gold showings are historically known on the Beaufield block.
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Historical
Showing Best grades Host Rock
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Kent Lake 5.44 g/t over 0.54m Quartz-sulphide breccia
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15 g/t Au over 0.33m;
Macho River 9.6 g/t Au over 0.5m and In a chloritized and
Showing a grab sample of 29.5 g/t Au carbonated shear zone
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Showing #1 3.1 g/t Au over 1.1m;
(Rouleau) 2.9 g/t Au over 1.0m Sheared carbonated zone
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Showing #2
(Rouleau) 3.89 g/t over 6.7m Shear zone
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Grab samples of 15.98 g/t Au;
Showing #3 22.29 g/t Au; 45.55 g/t Au Quartz veins with tourmaline,
(Rouleau) and 46.25 g/t Au fuschite and iron carbonate
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Showing #4 Grab samples of 10.4 g/t Au;
(Rouleau) 7.4 g/t Au and 1.8 g/t over 1m Quartz veins
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Cominco
Showing 2.25 g/t Au over 5.4 m Carbonatized and silicified
(Rouleau) coarse grained gabbro
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Hole 87-17 (16.3 g/t Au over
Zone 17 0.64m; 13.1 g/t Au over 0.84m; Silicified zone in an
(Rouleau) 3.6 g/t Au over 1.29m) altered andesitic tuff
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Hole Kub-88-14 1.63 g/t Au over
Zone 14 3.68m; Hole Kub-88-16 3.50 g/t Intense silicification cut
(Rouleau) Au over 1.55m by quartz-tourmaline veins
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Hole 87-18 4.80 g/t Au over 3.35m;
Hole 87-33 8.98 g/t Au over 4.36m ; Brecciated, strongly
Hole 87-51 7.64 g/t Au over 7.42 m ; silicified and
Hole 87-63 27.53 g/t Au over 3.05 m moderately
Zone 18 Hole BFRL 401 11.63 g/t Au over 3.73m ; carbonatized
(Rouleau) Hole BFRL 402 7.65 g/t Au over 4.05m felsic tuff.
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Quesnel Grab sample of 12.84 g/t Au ; In massive sulphide pods
Showing 6% Cu and 30.6 g/t Ag associated with a shear zone
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A significant exploration program was undertaken in 1986-1988, operated by Falconbridge Limited. This resulted in partial definition of Zone 18 and the discovery of Zone 17. The two zones are located one kilometre apart and may be joined.
In 2004 Beaufield undertook a small drill program and defined an extension of zone 18 close to surface. Holes BFRL 401 and 402 intersected significant gold intersections.
In the Summer and Fall of 2008 258 rock samples were collected from the Lac Rouleau property during geological mapping and prospecting. Four samples taken on the Quesnel Showing, in a silicified breccia containing 15% pyrite and bornite assayed anomalous values in gold, silver and copper.
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Sample number Gold (Au) g/t Silver (Ag) g/t Copper (Cu) %
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671542 0.935 84.4 7.77
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671543 2.17 30.9 3.01
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671549 0.366 7.3 0.77
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671651 0.944 4.3 0.86
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This work has established the Quesnel Showing as an important new exploration target.
In the Rouleau Lake an outcrop, in the lake, of chloritized schist graded 883 ppb Au 200 metres east of the Cominco Showing, a new manually striped outcrop assayed 1.0 g/t Au, also in a chlorite schist injected by a network of quartz veins. A third area, named Tourmaline Hill, returned anomalous gold and silver values (169 ppb Au and 29.5 g/t Ag) in quartz vein.
The Lac Rouleau project is in Urban Township adjoining Metanor Resources Inc. Barry gold deposit, presently being mined, where resources were recently re-evaluated by Systemes Geostat International Inc. in compliance with NI 43-101 and are estimated at 35,500 oz Au of Indicated Resources (269,000 t at 4.10 g/t Au) and 67,600 oz Au of Inferred Resources (450,000 t at 4.68 g/t Au) in zones 43 and 45 and in the main zone.. Similarly the Noront Resources Ltd. Winfall property, where advanced drilling (over 200 holes to date) has outlined a number of high grade gold zones at various depths including 4.8 meters of 52.3 ounces per ton of gold, has common boundary with the Beaufield property.
An extensive program of surface overburden removal, geology, geophysics and drilling is planned for 2009.
Beaufield is adequately financed for the upcoming programs plus any extensions of the work or new business opportunities with in excess of 7 million cash in its treasury.
This Press Release was prepared by David Frappier-Rivard, P.Geol., Exploration Manager for Beaufield Resources Inc., and by Jens E. Hansen, P.Eng, President of Beaufield Resources Inc., the Qualified Persons under Section 43-101. Field work was performed by Beaufield Resources Inc., under the supervision of David Frappier-Rivard P. Geol. Samples were assayed by ALS Chemex Laboratories of Val-d'Or, Quebec.
This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Company' periodic reports including the annual report or in the filings made by the Company from time to time with securities regulations. The Company undertake no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated event.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.