Beaufield Updates Technical Report for its Tortigny Property
03 Febrero 2014 - 10:14AM
Marketwired
Beaufield Updates Technical Report for its Tortigny Property
MONTREAL, QUEBEC--(Marketwired - Feb 3, 2014) - Beaufield
Resources Inc. ("Beaufield" or the "Corporation") (TSX-VENTURE:BFD)
has retained Micon International Limited ("Micon") to provide an
independent technical report, in compliance with the requirements
of National Instrument ("NI") 43-101, on its 100% owned Tortigny
deposit.
The high grade polymetallic (copper-zinc-silver-gold) Tortigny
deposit is located on an all weather road approximately 100 km
northwest of the town of Chibougamau, Quebec.
Beaufield has recently completed a
10 hole drilling program totaling 2,203 metres on the property
including 1,010 metres in the deposit area for which data is being
processed. The drill data is intended to verify and extend a
portion of the high grade deposit (news release of December 4,
2013).
The Tortigny deposit was the subject of an independent NI 43-101
resource calculation which was filed on Sedar on January 11, 2013.
Based on the calculation the deposit contains total measured and
indicated resources of 845,000 tonnes grading 2.01% Copper, 4.29%
Zinc, 55.29 g/t Silver and 0.39 g/t Gold.
Micon will review and audit the existing data from the previous
drill programs, geophysical data and geological maps and sections
in order to prepare a block model that will be used to update the
mineral resource estimate. In addition to the resource calculation,
Micon will present Beaufield with recommendations concerning the
geological and structural settings to guide continuing
exploration.
Geological evidence indicates that the mineralization at
Tortigny, or a portion thereof, has been remobilized from its
original source suggesting that additional significant
mineralization could be present in the vicinity. An example of this
model is the deposits at the Louvicourt deposits close to Val d'Or,
Quebec.
Beaufield plans to focus its 2014 exploration at Tortigny and is
well funded to undertake the work.
This news release has been prepared
by Jens E. Hansen, Eng., CEO, President and director of Beaufield,
the Qualified Persons, as defined by National Instrument
43-101.
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.
Jens E. HansenPresident and
CEO514.842.3443514.842.3306info@beaufield.comwww.beaufield.com
Beaufield Resources Inc. (Ressou (TSXV:BFD)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Beaufield Resources Inc. (Ressou (TSXV:BFD)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024