Beaufield Resources Inc. is pleased to report the acquisition of 28 new claims adding 692.9 hectares to its Urban property. Beaufield now owns 100% of the entire 8,160 hectares Urban property located approximately 190 km northeast of Val d'Or, Quebec.
Of these new claims, nine were staked by map designation in an area believed to contain important regional geological structures. These structures are known to contain gold mineralization in the area.19 other claims where purchased from an arm's length party for $3,000. The claims are located in the central portion of the Urban-Barry greentstone belt. One group of claims is located only 1.6 kilometres from the center of Eagle Hill Exploration's Windfall gold deposit. The other group of claims is located four kilometres along strike from the same deposit.
The Urban area has been the focus of increased gold exploration activity by Beaufield and its neighbours. Metanor Resources Inc owns the Barry mine and Eagle Hill Exploration Corp has recently announced a 43-101 compliant resource estimate on the expanding Windfall gold property which adjoins Beaufield's ground.
Source: https://www.osiskomining.com/