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Beaufield Resources Inc.
Summary
| Project: | Urban | |
|---|---|---|
| Deposit: | Macho Block | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/11/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-10-2016: Beaufield Resources Inc. announces an Exploration/Drilling Update report for its Macho Block deposit at the Urban project. Drilling results incl. 19.0m @ 0.76g/t Au from 47.0m. MONTREAL, QUEBEC--(Marketwired - Oct. 11, 2016) - Beaufield Resour | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mathieu Stephens (Internal) | |
| ABSTRACT: | MONTREAL, QUEBEC--(Marketwired - Oct. 11, 2016) - Beaufield Resources Inc. ("Beaufield") (TSX VENTURE:BFD) is pleased to announce results from its exploration drilling on its 100% owned Urban property, Quebec. The program consisted of 20 exploration holes totaling 5,629 metres, 6 of which were previously reported in its August 5th, 2016 news release. On the Panache-Macho block, 9 exploration holes concentrated on newly defined, near surface geophysical targets. Holes BU-16-10 and BU-16-13 targeted the previously undrilled western and eastern extensions of the Panache gold zone described in Beaufield's March 14th, 2016 news release. Both holes intersected gold mineralization at shallow depths, extending the Panache gold zone to over 1,300 metres in length. The Panache Gold zone remains open at depth and strike. Hole BU-16-13 was collared to the east of the Panache area, 250 metres west of the Osisko-Windfall boundary and intersected three distinct gold zones, with the highest grade in the deeper intersection (133 m). Based on high definition airborne magnetic data, this gold zone is located along the same trend as of Osisko Mining's newly discovered Fox Zone (3.22 g/t Au over 11.6 m) announced on August 29th, 2016 and located approximately 1,600 metres to the east. The area between the Beaufield and Osisko remains to be drilled. Hole BU-16-12 targeted a gap in historical drilling within the Panache Gold zone. This hole intersected a 16 metre wide gold zone at a shallow depth. | |
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