Mr. Ronald Stewart reports

BEAUFIELD PROVIDES DRILL RESULTS FROM ROULEAU AND AN OPERATIONAL UPDATE

Beaufield Resources Inc. has provided an update on its activities on its Urban properties and has provided drill results from its winter program on the Rouleau gold zone.

Highlights:

• Drilling intersected gold over significant widths. A new gold zone, north of the Rouleau zone, was discovered.
• A six-hole, 1,011-metre drill program was completed on the Golden Retriever block, on strike from Osisko Mining Inc.'s Black Dog gold zone. Results are pending.
• A previously untested target, on ground adjacent to Osisko's newly discovered Lynx zone, has been identified. Fieldwork will commence on this target following spring breakup.
• Beaufield doubled the size of its Urban district land position by staking.

Beaufield's winter drill program focused on the Rouleau gold zone which is located seven kilometres southeast of Osisko Mining's Windfall gold deposit. The 12-hole drill program totalling 2,331 metres had the objective of testing mineralization along strike and at depth of the Rouleau gold zone, and also targeted untested geophysical anomalies located just beyond the known mineralized corridor.

Beaufield's drill program was designed to determine gold mineralization continuity in areas with no record of prior drilling and along strike of the Rouleau gold zone. One hole also tested for mineralization at greater depth and two other holes targeted nearby induced polarization anomalies.

The Rouleau gold zone is described as a mineralized mylonite breccia located at the contact of basalt unit to the south and a tuff unit to the north. However, a review of the data has revealed that the geology is more complex and that mineralization is not solely confined to this horizon. Gold can also be found nearby shear and fault zones within both the tuff and basalt units and within a deeper diorite intrusion where quartz-feldspar porphyries have been observed. Drill results are listed in the attached table and discussed further below.

   2017 ROULEAU GOLD ZONE DRILLING BEST RESULTS
  
Hole       From (m) To (m)   Int. (m) (1) Gold (g/t)

BRL-17-01    62.00  70.00           8.00       0.75
BRL-17-02    34.00  47.00          13.00       0.53
BRL-17-02   134.00 136.00           2.00       0.49
BRL-17-02   394.00 412.00          18.00       0.54
BRL-17-02   446.00 451.00           5.00       0.36
BRL-17-03   107.00 129.00          22.00       0.89
BRL-17-04    61.00  86.00          25.00       0.53
BRL-17-05   105.00 108.00           3.00       0.84
BRL-17-05   117.00 123.00           6.00       2.04
Including   117.00 118.00           1.00       9.24
BRL-17-05   136.00 141.00           5.00       0.37
BRL-17-06           No significant values         
BRL-17-07           No significant values         
BRL-17-08   102.60 105.00           2.40       0.37
BRL-17-09           No significant values         
BRL-17-10   120.00 140.00          20.00       1.56
Including   125.00 127.00           2.00       4.84
Including   132.00 133.00           1.00       8.14
BRL-17-11   138.00 143.00           5.00       2.43
Including   138.00 139.00           1.00      10.65
BRL-17-11   156.00 163.00           7.00       1.66
BRL-17-12             Results pending            


(1) True widths are estimated at 55 to 80 per cent.

Hole BLR-17-01 was collared approximately 50 metres east of hole BLR-16-12 which had previously extended the Rouleau gold zone eastward (BFD Jan. 12, 2017, news release). The Rouleau gold zone was intersected over eight metres, but with lower gold grades.

Hole BLR-17-02 intersected the Rouleau gold zone over 18 metres between 394 m and 412 m downhole. Three other intersections with anomalous gold were also encountered within the same hole, including a previously unknown 13-metre-wide zone which averaged 0.53 gram per tonne Au. This new zone remains open and may correspond to an untested geophysical anomaly located on the northern edge of the survey and that seems to be more intense toward the west. Overburden in this area is thin and follow-up work is being considered.

Holes BLR-17-03 to BLR-17-05 targeted areas of the Rouleau gold zone where drill information was lacking. All three holes intersected the Rouleau gold zone over considerable widths. Holes 3 and 4 intersected significant gold over 22 and 25 metres respectively within the mylonite breccia, while hole 5 located farther west, mainly intersected gold within the basalt and diorite units.

Exploration holes BLR-17-06 to BLR-17-09 targeted untested induced polarization anomalies located near the Rouleau gold zone. No significant values were intersected.

Holes BLR-17-10 and BLR-17-11 consisted of infill drilling into the Rouleau gold zone. The former intersected a 20-metre-wide zone grading 1.56 g/t gold associated within a mylonitized shear zone. The latter intersected to smaller zones of five and seven metres, grading 2.43 and 1.66 g/t gold, including one metre grading 10.65 g/t gold.

Hole BLR-17-12 was collared farther east on the Rouleau gold zone and intersected the zone from 119 m to 138 m downhole. Strong silicification with tourmaline was noted. Results are pending for this easternmost hole.

The new data are being integrated into the updated geological model and a review of the Rouleau gold zone is under way. Further work is being considered as part of a larger program encompassing the entire Rouleau block.

Five additional exploration drill holes (BR-16-01 to BR-16-05) focused on geophysical targets in the southern portion of the Rouleau block (Oct. 11, 2016, news release). Although sulphides were intersected over significant widths in hole BR-16-05, assays did not return any significant gold values in any of the holes. A review of the area in under way, including to the northeast of Bonterra Resources nearby Gladiator deposit where no historical drilling is recorded on Beaufield's ground.

A six-hole, 1,011-metre drill program was also undertaken on the Golden Retriever zone. The target zone is adjacent and on strike with the Black Dog property which hosts significant gold mineralization and is currently being drilled by Osisko Mining. Assays are pending and further work in the area is being planned.

Work on the Beaufield ground adjacent to Osisko's newly discovered Lynx zone (63.8 g/t Au over 4.4 metres announced on April 5, 2017) located less than two kilometres from the common boundary is set to begin over the next few weeks and will include drilling. This is a high-priority target area due to the presence of a suspected fold hosting the mineralization that seems to double back onto Beaufield's property. Osisko also announced that it will continue step-back drilling toward Beaufield's property.

Over the course of the last few months, Beaufield acquired additional key ground in the Urban-Windfall district, doubling the size of its land package to 431 claims covering approximately 210 square kilometres.

Please refer to Beaufield's website for the company's corporate presentation, including maps of Beaufield's Urban and Hemlo properties and its neighbours.

Quality control

Beaufield's drill program includes descriptive logging and systematic sampling of the drill core for analysis. A total 787 samples were taken from the drill core. Every sampled interval was split in half with a core splitter or cut with a diamond blade saw. Half of any sampled core was left in the core box for future reference and the remaining half was bagged and sealed and sent to a commercial laboratory. Quality control samples (duplicate, blanks and standards) were systematically inserted in the sequence. Assays are performed at ALS Chemex Laboratories in Val d'Or, Que. The processed samples were submitted to a standard fire assay with AA technique (Au-AA-23) and inductively coupled plasma emission spectroscopy (ME-ICP-41) on a 30-gram subsample. True widths of the new exploration intercepts reported in this press release have yet to be determined and are estimated to vary between 55 and 80 per cent.

Qualified person

This news release has been prepared by Mathieu Stephens, PGeo, vice-president of exploration and corporate development for Beaufield, the qualified person, as defined by National Instrument 43-101.

About Beaufield Resources Inc.

Beaufield is a well-financed mineral exploration company with its exploration activity focused in Quebec and Ontario. Please refer to Beaufield's website to view the company's properties in Urban-Windfall, Eleonore-Opinaca, Troilus and Hemlo where a 100-per-cent interest was recently announced. The corporation is actively exploring, well financed with approximately $8-million in working capital, has no debt and has excess work credits on its properties.

We seek Safe Harbor.