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Beaufield Resources Inc (2)
Symbol BFD
Shares Issued 111,281,519
Close 2012-12-10 C$ 0.105
Market Cap C$ 11,684,559
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Beaufield Resources starts airborne survey at Troilus

2012-12-11 08:35 ET - News Release

Mr. Kevin Weston reports

BEAUFIELD INITIATES VTEM AIRBORNE GEOPHYSICAL SURVEY IN THE VICINITY OF THE TORTIGNY BASE METAL PROJECT AND STAKES ADDITIONAL LAND

Beaufield Resources Inc. has started a helicopter electromagnetic survey over several portions of its 100-per-cent-owned Troilus property, located 150 kilometres north of Chibougamau, Que. The survey will focus on previously identified geophysical targets located in the vicinity of the Tortigny high-grade volcanic massive sulphide (VMS) deposit, on which a resource calculation has just been released (see press release dated Nov. 28, 2012).

The company has also staked a number of new claims in the vicinity of the Tortigny deposit. Beaufield has identified the area as having a high potential for finding additional VMS-type mineralization and the new ground will improve the likelihood of success in finding new mineral resources in the area.

Geotech Ltd. of Aurora, Ont., will complete the 708-line-kilometre, helicopter-borne versatile time-domain electromagnetic (VTEM) and magnetic gradiometer survey. The detailed survey with 100-metre line spacing will cover eight distinct blocks, centred over high-priority electromagnetic megaTEM anomalies located in the vicinity of Tortigny deposit area. Geotech's VTEM system has been shown to be excellent at identifying conductive, massive-sulphide bodies, as well as mapping lateral and vertical variations in resistivity. The VTEM system is also equipped with a high-sensitivity magnetometer which can aid in mapping geologic structures and lithology. This type of survey is known for its exceptional depth penetration and provides a more accurate definition of targets than conventional systems.

The Tortigny deposit, containing measured and indicated resources of 845,000 tonnes grading 2.01 per cent copper, 4.29 per cent zinc, 55.29 grams per tonne silver and 0.39 g/t gold (National Instrument 43-101 compliant), has a strong geophysical signature, highly visible, on a previous VTEM survey conducted by Geotech for Noranda Inc. in 2004. Based on the previous success, Beaufield considers that the VTEM technology is the best tool available for prospecting for massive sulphides in the Troilus project vicinity.

The newly completed resource estimate on the Tortigny deposit encouraged Beaufield to strengthen its land position in the area by map staking 83 new claims, totalling 4,483.24 hectares. The new claims are primarily located over previously identified megaTEM targets which may indicate the presence of conductive material, such as massive sulphides. In most mining districts, VMS deposits tend to occur in clusters and Beaufield's geological team believes this is the case for the Troilus property.

This news release has been prepared by David Rivard, PGeo, vice-president of exploration for Beaufield, qualified person under NI 43-101.

We seek Safe Harbor.

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