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Beaufield Intersects 2.64 g/t Gold Over 11.60 Metres on Surface Channels at the Launay Gold Project in Québec

22/07/2014 2:00pm

Marketwired Canada


Beaufield Resources Inc. ("Beaufield") (TSX VENTURE:BFD) is providing results
for a channel sampling program undertaken in June 2014 and the remaining three
holes drilled in January 2014 on Zone 75. The drilling revealed continuous
mineralization hosted in a granite with a strong albite alteration; previously
reported intersections include 4.04 g/t gold over 15.52 metres (hole
LAY-21-2013) and 6.20 g/t gold over 10.50 metres (LAY-20-2013).


Highlights include:



--  2.64 g/t gold over 11.60 metres (CHL-09-2014), channel sample 
--  5.58 g/t gold over 3.00 metres (CHL-15-2014), channel sample 
--  1.89 g/t gold over 14.10 metres (LAY-27-2014), drill hole 
--  0.86 g/t gold over 9.35 metres (LAY-26-2014), drill hole 



The drill program is funded by the Corporation per an option and joint venture
agreement signed with Melkior Resources Inc. ("Melkior") in November 2013
(please refer to press release November 7th, 2013). Melkior is the operator.


Table 1 displays the results obtained for the 9 channels completed this summer.
All channels were taken on Zone 75. 


Table 1 - Launay Channel Results



----------------------------------------------------------------------------
Channel         Length    Azimuth       From        ToInterval(i)       Gold
Number        (Metres)  (Degrees)   (Metres)  (Metres)     (Metres)    (g/t)
----------------------------------------------------------------------------
CHL-09-2014      11.60        090       0.00     11.60    11.60(ii)     2.64
----------------------------------------------------------------------------
CHL-10-2014       6.00        090       0.00      6.00     6.00(ii)     1.32
----------------------------------------------------------------------------
CHL-11-2014       1.60        090       0.00      1.60     1.60(ii)     1.68
----------------------------------------------------------------------------
CHL-12-2014       7.00        090       0.00      7.00     7.00(ii)     0.97
----------------------------------------------------------------------------
CHL-13-2014       3.00        090       1.00      2.00         1.00     1.47
----------------------------------------------------------------------------
CHL-14-2014       1.60        090       0.00      1.60     1.60(ii)     2.90
----------------------------------------------------------------------------
CHL-15-2014       3.00        090       0.00      3.00     3.00(ii)     5.58
----------------------------------------------------------------------------
CHL-16-2014       8.00        090       6.00     10.00     4.00(ii)     1.44
----------------------------------------------------------------------------
CHL-17-2014       8.00        090       0.00      8.00     8.00(ii)     1.38
----------------------------------------------------------------------------
(i)  Reported intercepts are not true widths.
(ii) Intersection is open                    



The channels consist of gold bearing disseminated pyrite (about 2%) hosted in a
strongly albitized granite. Most of the holes previously drilled on Zone 75 have
intersected the albite-rich gold zone below the 50 metre level. The new surface
gold intersections provide new data to add to the current database and confirmed
the continuity of the mineralized zone up to the surface. The results also have
shown that the mineralized zone is near vertical and affected by local faults.
This information will be very important in planning the next drilling program on
the property.


The results of three exploration holes drilled in January 2014 west of Zone 75,
totaling 700 metres are also reported. The drilling discovered a new gold zone
and also demonstrated the continuity of gold on the west part of Zone 75.


Table 1 displays the results obtained for the 3 winter holes. Hole LAY-26-2014
was collared at the bottom of a hill, about 150 metres west of Zone 75. Holes
LAY-27-2014 and LAY-28-2014 were collared about 50 metres west of Zone 75. 


Table 1 - Launay Drill Results



----------------------------------------------------------------------------
         End of                                                             
           hole                                                             
Hole     length   Azimuth       Dip     From        To Interval(i)      Gold
Number (Metres) (Degrees) (Degrees) (Metres)  (Metres)     (Metres)    (g/t)
----------------------------------------------------------------------------
LAY-26-     391       130       -50    21.65     22.65     1.00(ii)     1.32
 2014                                  30.90     40.25         9.35     0.86
                                       49.30     51.60         2.30     0.73
                                      134.25    134.75     0.50(ii)     1.24
                                      272.50    273.50     1.00(ii)     1.30
----------------------------------------------------------------------------
LAY-27-     168       090       -50    23.00     37.10        14.10     1.89
 2014                                  48.18     53.00         4.82     0.70
----------------------------------------------------------------------------
LAY-28-                                                                     
 2014       141       090       -55        -         -            - NSA(iii)
----------------------------------------------------------------------------
(i)   Reported drill intercepts are not true widths.
(ii)  Intersection is open                          
(iii) NSA : No Significant Assay                    



Hole LAY-26-2014 was drilled 150 metres west of Zone 75 on an Induced
Polarization (IP) anomaly. The IP anomaly was detected over two surveyed lines
and explained in hole LAY-26-2014 by the presence disseminated pyrite (about 2%)
with gold associated (0.86 g/t gold over 9.35 metres). This opens new
possibilities of finding additional gold mineralization using IP as a
geophysical tool elsewhere on the 3 km long property. The new zone requires
follow-up.


The 2 last holes (LAY-27-2014 and LAY-28-2014) were drilled to test possible
western extensions of Zone 75. The holes were collared about 50 metres west of
Zone 75. 


Quality control

Core processing included descriptive logging and systematic sampling for
analysis. The drill core was sawn in half, with one-half delivered to a
commercial laboratory and the other half retained for future reference. The
channel samples were cut and delivered to a commercial laboratory. Samples were
submitted to ALS Chemex Laboratories in Val d'Or, Quebec. The processed samples
were subjected to a standard fire assay with AA technique (Au-AA23) on a 30-gram
subsample. Standards and blanks were inserted randomly into the sample shipments
as part of the sampling protocol. For samples returning greater than ten g/t
gold, follow-up analysis using fire assay with a gravimetric finish is
completed. Following receipt of assays, visual analysis of mineralized
intercepts is conducted, and additional analyses may be requested to ensure the
accurate representation of the mineralized zones.


This press release was prepared by Dr. Eric Hebert, P.Geo, of GeoVector
Management Inc., qualified person under National Instrument 43-101. Dr. Hebert
has supervised the surface program, logged the channels, designed the sampling
program and reviewed the quality control information. 


About Zone 75:

Zone 75 was discovered in 1987 by Melkior's predecessor Les Mines Messeguay Inc.
with discovery drill hole number ML-87-75, which intersected 0.127 oz/t (4.35
g/t) gold over 69 feet (20.98 metres). Zone 75 coincides with a north-south
striking magnetic axis and dips to the west between 65 to 80 degrees. The
mineralization found at Zone 75 consists of auriferous pyrite grains
disseminated in an altered granitic intrusive and remains open at depth. A
metallurgic test has shown a gold recovery of 87% by gravity and cyanidation and
that the ore does not contain any arsenic.


About the Launay Gold Project

The Launay Gold Project hosts near-surface mineralization along a three
kilometre trend, which includes Zone 75 and the Principal Zone. The Project is
located in the Abitibi Greenstone Belt and is approximately 70 kilometres
northeast of Rouyn-Noranda, 80 kilometres northwest of the town of Val d'Or,
Quebec, and is easily accessible using highway 111 between LaSarre and Amos
where all technical supplies for mining are available. Both rail and power are
readily available. At least four gold mills are located within a 70 kilometres
radius of Zone 75. The property consists of 83 claims covering 63
square-kilometres. Beaufield entered into an option and joint venture agreement
with Melkior where Beaufield will earn 50% in the project by spending $1,250,000
over five years. Beaufield has earned 10% interest having spent $250,000 of
exploration expenses. 


Qualified Person

This press release was prepared by Dr. Eric Hebert, P.Geo, of GeoVector
Management Inc., qualified person under National Instrument 43-101. Dr. Hebert
has supervised the surface program, logged the channels, designed the sampling
program and reviewed the quality control information. 


About Beaufield

Beaufield is a mineral exploration company with its exploration activities
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. Beaufield 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
MI3 Financial Communications
Mario Drolet, President
514.904.1333 / Cell.: 514.346.3813
514.904.2331 (FAX)
mario@mi3.ca


Jens E. Hansen, President and CEO
514.842.3443
514.842.3306 (FAX)
info@beaufield.com
www.beaufield.com

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