Beaufield Resources Inc.
TSX VENTURE : BFD

Beaufield Resources Inc.

November 16, 2005 08:30 ET

Beaufield Consolidated Resources: Winter Drilling Planned at Opinaca and Troilus

OTTAWA, ONTARIO--(CCNMatthews - Nov. 16, 2005) - Beaufield Consolidated Resources (TSX VENTURE:BFD) - Following a busy summer field season on its two most advanced exploration properties, Opinaca and Troilus, Beaufield Consolidated Resources is please to announce that it has assembled very favourable geological evidence which warrants a winter drill program at both properties.

OPINACA

Beaufield has been advised by Geologica Inc., the consultants on the Opinaca Gold project located in the James Bay region of Quebec that their final report on the five month summer field program will be delivered in December 2005. The property covers 56 square kilometres on the contact of the Ell Lake stock with sediments and conglomerates.

It is along this contact that Virginia Gold has made its Roberto gold discovery in a sedimentary sequence approximately 8 kilometres east of the Beaufield property. Beaufield covers approximately 17 kilometres of this sequence.

A number of zones significantly anomalous in gold and associated minerals have been detected in grab and channel samples. The most significant of these is known as the Channel Zone where sampling has detected gold values varying from 250 ppb to 12 g/t gold over a distance exceeding 4 kilometres within sediments (greywackes and conglomerates). A number of the gold values have been described in earlier news releases. Geologica is recommending at least 1500 meters of drilling in this environment to test for gold at depth as well as across the potential host sedimentary units of the Channel Zone.

A second zone that could merit drilling is the Snoopy Zone, which has recorded numerous surface gold values in the 1 to 2g/t range and associated copper of up to 1.8% Cu. The host is quartz of up to 1.5 m width within paragneiss and pegmatites. Beaufield management is of the belief that this zone is similar to Virginia's Ell Lake zone.

A third zone known as the Rusty Zone contains anomalous gold of up to 0.7 g/t associated with arsenic and massive sulphides. More prospecting in this environment is required.

The summer program has covered approximately 25% of the Beaufield property in some detail. The discovery of widespread gold mineralization in a promising geological environment where Quebec's newest major gold discovery has been made is considered very encouraging.

For a map showing the Opinaca property and the above-mentioned drill targets, click on the following link:

http://www.ccnmatthews.com/docs/OpiMap.pdf

Alain-Jean Beauregard and Daniel Gaudreault from the firm Geologica Groupe-Conseil are the qualified persons as defined under NI43-101 for this project.

TROILUS

Beaufield has been advised by Falconbridge Inc., the operator of the Beaufield-Falconbridge Troilus joint venture, that new drill targets have been identified following the summer field campaign. Such targets are highly encouraging and warrant a drill program in winter 2006 consisting of a minimum of 10 holes to be drilled in VMS (base metal - volcanic massive sulphide) targets in close proximity to the existing Tortigny base metal deposit, already part of the Beaufield-Falconbridge Joint Venture earn-in program. The Tortigny deposit lies directly at surface and hosts a resource (non-43-101 compliant) of 489,000 tonnes grading 2.21% copper, 6.15% Zinc, 0.3 g/t gold and 61 g/t silver. Prospecting in the vicinity of Tortigny has led to the discovery of a new VMS surface showing named TSW, which has yielded 1.4% copper, 1.6% zinc, 0.8 g/t gold and 0.49 g/t silver in grab samples. The presence of these and other showings, combined with coincident DEEPEM and MEGATEM geophysical data have resulted in what Falconbridge geologists believe are attractive targets for a new VMS discovery

http://www.ccnmatthews.com/docs/TroilusMap.pdf

To date, Beaufield has spent $1,629,000 on the $2 million earn-in program. With the upcoming drill campaign, Beaufield expects to be fully vested (50%) in the Troilus Joint Venture in first half of 2006.

Geoffrey Chinn, MSC, P.Geo., from Falconbridge is the qualified person as defined under NI43-101 for this project.

Beaufield is one of Quebec's most active exploration companies. With over $3 million in its treasury, it is sufficiently financed to carry out its exploration efforts for 2006 and beyond.

Signed: "Jens E. Hansen, P. Eng", President

The TSX Venture Exchange (TSX-V) has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Beaufield Consolidated Resources Inc.
    Louis Morin
    Manager, Investor Relations
    (514)-591-3988
    or
    Beaufield Consolidated Resources Inc.
    Jens E. Hansen
    President
    (613) 721-2919
    beaufield@rogers.com
    www.beaufield.com