Beaufield Resources Inc. and Urbana Corporation are pleased to announce that they have completed their joint induced polarization (IP) and magnetometer ground surveys totalling 103 line kilometres in the Urban township, Quebec.
- Induced Polarization and magnetometer surveys completed
- A total of 103 line kilometres surveyed
- High chargeability anomalies discovered
- Some anomalies coincide with mineralization at surface
The geophysical surveys were designed to cover the common border area between the two companies, a high priority underexplored area which has never been covered by past surveys or by drilling. A preliminary examination of the data collected has identified several significant anomalies which represent new targets within the surveyed area.
An anomaly of immediate interest to Beaufield is a 500 metre long and highly anomalous IP response coinciding with an outcrop which recently assayed 20 g/t gold and 2.43% copper in a grab sample (BFD news release, August 1st, 2014). This represents a high priority drill target.
Further south on Urbana ground and approximately 4 kilometres from Metanor Resources' Barry gold deposit, the new targets include a 400 metre long chargeability anomaly in an area that has never been drilled.
The data collected will be analyzed in detail so that all anomalies of interest are identified and integrated with historical data. The new targets will be followed-up by a geologist in late spring, after which, a second phase exploration program is planned.
TMC Geophysics of Val d'Or completed the deep penetrating IP survey, which allows for better resolution and higher precision than any other historical surveys conducted on the properties. The processing and interpretation of the geophysical data is being done by Dynamic Discovery Geoscience of Ottawa.
Urbana and Beaufield agreed to jointly explore and share the properties information. Each party retains 100% ownership of their respective properties. Beaufield has agreed to be the operator (news release November 14, 2014).
Urban Township hosts numerous gold and base metal occurrences and is currently the focus of a significant gold program at Windfall Lake by Eagle Hill Exploration Corporation. The Windfall gold deposit is on strike with the Beaufield-Urbana properties and located 5 kilometres to the northeast of the current work.