Brookfield Resources Announce New Acquisition

In: News

18 Jan 2013

Hi Everybody,

Before we all head off for the weekend, make sure you take a good look at this morning’s alert BFLD.

The stock has released some exciting news this morning that could be the catalyst for big move.  BFLD announced that they acquired more mining claims.

Research has shown that the claim not only contains REE’s but gold as well!

Here’s the full release:

Brookfield Resources Inc. Announces Acquisition of Mining Claims

Brookfield Resources Inc. (BFLD) has commenced preparation and exploration on their claims in the Cobequid Highlands. The Nova Scotia Department of Natural Resources (NSDNR) commenced a renewed research program in the Cobequid Highlands as a follow up to a late 1980’s stream sediment sampling program. Recent work has been processing and the NSDNR has announced two major mineralization discoveries: Rare Earth Elements (REE’s) in 2010 and Gold (Au) in October 2011.

The REE’s, as described by the NSDNR are enriched dykes and pegmatites as part of the area’s granite. The initial mineralogy work by NSDNR has identified that REE mineralization is not locked up in the zirconium, and is enriched in the rarer more valuable rare earths: the Heavy Rare Earth Elements (HREE’s).

The planned initial work program during the first and second phase would include an airborne geophysical survey, rock sampling combined with geological mapping, a full detailed stream sediment sampling program, with a follow-up soil/till sampling and a ground geophysical suite. The goal would be to identify target areas that would be the phase three focus and would include trenching in preparation for phase four: diamond drilling.

About Brookfield Resources Inc.
The Company is a Nevada based corporation that will focus its attention on mining exploration opportunities in Nova Scotia Canada specifically for the exploration of Rare Earth Elements. Along with establishing a working team we have acquired specific land related to the research that has been completed, signaling preferred areas for rare earth minerals. Our goal is to increase our portfolio of land in this area and continue exploration until targets have been established. Brookfield is a fully reporting OTCQB company trading under the symbol BFLD.

Safe Harbor Statement
Sections of this press release contain forward-looking statements which reflect management’s best judgment based on factors currently known but involve significant risks and uncertainties. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a number of factors, including but not limited to risks more fully described in the “Risk factors” section of the Company’s Annual Report and other risks. Forward-looking information provided pursuant to the safe harbor established by recent securities legislation should be evaluated in the context of these factors.

Free Stock TipsAs always, do your own research, don’t chase gaps, use limit orders to enter positions, always use stop loss orders to protect your position, and take profits when you are in a position to do so.

Good Trading

Comment Form

*



Categories