Beaufield Resources Inc.
TSX VENTURE : BFD

Beaufield Resources Inc.

July 16, 2014 15:36 ET

Beaufield Commences Summer Exploration Program at its Eleonore-Opinaca Property

MONTREAL, QUEBEC--(Marketwired - July 16, 2014) - Beaufield Resources Inc. ("Beaufield") (TSX VENTURE:BFD) has commenced a summer field exploration program on its wholly-owned Eleonore-Opinaca project, in James Bay, Quebec. Work over the coming weeks will consists of beep-mat assisted prospecting, sampling and surveying over the northern portion of the property, an area adjoining Goldcorp's property and located 6 kms from the Eleonore world-class gold mine that is set to commence production in 2014. Preliminary data suggests that the underlying geology of this portion of the Beaufield property contains important regional structures that are similar to the formations hosting the neighboring deposits. Beaufield geologists have determined that the area could also host porphyry-style mineralization.

Summer surface work will cover multiple high value targets on the property, including geophysical and soil anomalies and will follow-up on areas where gold (Au), copper (Cu) and molybdenum (Mo) were previously discovered by Beaufield. An area known as the Snoopy occurrence assayed up to 12% molybdenum in a grab sample. Several other occurrences were also discovered within the same area with values as high as 1.5% Cu and 6.5 g/t Au in different grab samples.

Access to the property has considerably improved with the new infrastructure added by Goldcorp at its Eleonore mine. A new road that leads to the mine passes immediately north of Beaufield's property, this has facilitated Beaufield's logistics and increased effectiveness.

The Eleonore area is developing into a new world class gold camp with the Goldcorp start-up and other active explorers that include Virginia Mines and Hecla Mining. The area promises to see increased development and has been compared in its potential to early days in other major Canadian mining camps. Beaufield's Eleonore-Opinaca property is shown on the adjoining area map and is also available on Beaufield website (www.beaufield.com). It shows the key location of the property.

The map is available at the following link: http://media3.marketwire.com/docs/BFD_Opi.pdf

Qualified Person

This news release has been prepared by Mathieu Stephens, P. Geo., the Qualified Person, as defined by National Instrument 43-101.

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.

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