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Beaufield Undertakes Iron Ore Exploration

Investing News Network
May. 08, 2012 02:30PM PST
Base Metals Investing

Beaufield Resources Inc. (TSXV:BFD) announced it has completed the contracts necessary for exploration on the Schefferville iron project.

Beaufield Resources Inc. (TSXV:BFD) announced it has completed the contracts necessary for exploration on the Schefferville iron project.

As quoted in the press release:

The highest Fe2 03 values of 91.73% were obtained in an area of extensive historical trenching by the Iron Ore Company of Canada. This trench is located 8 kilometres from the town of Schefferville. It will be systematically drilled with the objective of defining a Direct Shipping Ore (“DSO”) resource. A railroad terminates on Beaufield claims 5 kilometres south of the planned drilling.

Click here to read the Beaufield Resources Inc. (TSXV:BFD) press release.  

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