Beaufield Resources Inc has received assay results for samples from the summer exploration program on its 100% owned Schefferville iron range properties that cover 42,990 hectares. The assayed samples consist of rock samples taken across identified iron formations and across airborne gravity anomalies which were confirmed by ground gravity surveys. These are believed to have a possible DSO and/or taconite iron source.

In total, Beaufield has interpreted 20 gravity anomalies that cover an aggregate strike length of 15 kilometres. Sampled locations are spread over the whole property where outcrop was observed. A few samples were taken in old trenches excavated by the Iron Ore Company of Canada in 1950s and 1960s.

Of a total of 1433 grab and chip samples, 24% were greater than 45% Fe2O3 and a total of 27 samples were greater than 75% Fe2O3. The highest value was located in the southern portion of the property near an all weather road, and only 8 kilometres from the town of Schefferville. To cover possible extensions, Beaufield has staked an additional 26 claims in the area.

Beaufield is very encouraged by the confirmation of high iron values coincident with gravity anomalies. A drill program with a budget of USD 1.5 million is planned for summer 2012 and preparation has begun.

Beaufield properties are located in a block extending from approximately 5 to 45 kilometres northwest of Schefferville. Significant portions are accessible from Schefferville by roads and trails. Proximity of infrastructure is key to the development of important iron targets.

Beaufield holdings are centrally located within the Schefferville Iron district having common boundaries with Tata Steel, New Millennium Iron Corp, Century Iron Mines and Labrador Iron Mines. Tata and Labrador are developing DSO deposits within 3 kilometres of their boundary with Beaufield.

(Sourced from www.digitaljournal.com)