| Melkior Resources
Inc. ("Melkior") (TSX VENTURE:MKR)
has the option to earn a 50% interest in some Troilus
properties in Quebec.
Beaufield Resources Inc.
("Beaufield")(TSX VENTURE:BFD)
has staked additional claims on its 100% owned
Troilus base metal and gold properties to cover
MEGATEM electromagnetic conductors and regional
geochemical anomalies. Beaufield now holds 837
claims or 28740 hectares in the Troilus area
which include the Moleon and Tortigny base metal
deposits. A winter 2008 drill program intersected
12.55 metres 15.0% zinc, 6.02% copper and 145.5
g/t silver (NR April 8, 2008) in a previously
undrilled portion of Tortigny. A down hole geophysical
program has been completed and followup drilling
is scheduled for Winter/Spring 2009.
Beaufield
has decided to divide the Troilus area claim
blocks into two main groups. The one which
is 100% owned by Beaufield contains the Tortigny,
Moleon, Crab Lake and Inco Boulder areas and consists
of 534 claims or 16,432 hectares. The other group
consists mostly of newly staked claims and totals
303 claims or 12,308 hectares. These are referred
to as the New groups. A map showing the location
of the Troilus properties is available :
BEAUFIELD & MELKIOR
JV TROILUS BASE METAL
AND GOLD PROJECT |
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To advance exploration of the New
groups Beaufield has agreed to permit Melkior Resources
Inc. (MKR-TSXV) to earn a 50% interest by spending
$500,000 on exploration over a three year period.
Of the above amount $250,000 must be spent before
June 30, 2009. Beaufield will be the operator. Melkior
has advised Beaufield that exploration will begin
immediately using Melkior's Quebec flow-thru funds
and that the current program will include drilling
a total of approximately 1,000 metres on up to 10
geophysical targets on the New groups.
This news
release has been prepared by Jens E. Hansen, P.
Eng, a Qualified Person under NI 43-101, a director
and President of Beaufield Resources and a director
and President of Melkior Resources. The two boards
have approved this transaction.
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