BEESTON COMPLETES EXPLORATION
PROGRAMS ON RUTH LAKE PROPERTY,
100 MILE HOUSE,
BC
VANCOUVER, March 3, 2008, Beeston Enterprises Ltd. (the
“Company”) (OTC-BB: BESE) is pleased to announce the completion of its
2007 exploration program on the Ruth Lake property near 100 Mile House,
BC. The property is favourably situated along the Quesnel Trough, a
renowned geologic belt that hosts numerous base and precious metal
deposits along with current and formerly producing mines. It is also
located 10 kilometres east of GWR Resource’s property where ongoing
exploration continues to delineate significant alkalic copper-gold
deposits.
In 2007 Mr. Rob Shives of GamX Inc. conducted a detailed review of newly
acquired airborne geophysical data for the property and surrounding
region. Mr. Shives was formerly the head of the Radiation Division of
the Geological Survey of Canada and has over 20 years of experience in
application of airborne surveys in the search for mineral deposits
throughout Canada.
The geophysical review identified five areas (“targets”) in the western
part of the property with geophysical signatures worthy of investigation
for alkalic copper-gold porphyry deposits. Each target was explored by
geochemical soil sampling and prospecting. Anomalous copper-in-soil was
detected near the edge of one target (M-20) in the west-central part of
the property. Field crews reported copper mineralization along a newly
constructed logging road near this area.
Historic assessment reports dating to the 1970s indicate that
exploration was conducted in the southern part of the Ruth Lake property
around a mineral occurrence known as the Math showing. Sporadic
molybdenum-in-soil geochemical anomalies were reported over a
north-south length of 750 metres. Molybdenite and small amounts
chalcopyrite are described as disseminations and fracture fillings in
altered, silicified and locally quartz veined granitic float and
bedrock. Some drilling was reportedly done however there are no records
of the results.
A $35,000 work program is recommended to evaluate the M-20 copper soil
anomaly and the area of the Math showing. Proposed work includes
detailed soil sampling, prospecting and rock sampling. The results
should determine whether further exploration such as geophysical
surveys, trenching and/or drilling is warranted.
Exploration on the Ruth Lake property was conducted under the
supervision of W. Gruenwald, P. Geo, of Geoquest Consulting Ltd. a
“qualified person” as defined by National Instrument 43-101.
About Beeston
Beeston is a B.C. based mineral exploration Company with extensive
mineral tenures in Southern British Columbia. The Company is conducting
exploration projects on the Bluff and nearby Ruth Lake properties. The
company will report on further results as they become available.
ON BEHALF OF THE BOARD OF DIRECTORS of Beeston Enterprises Ltd. – Brian
Smith
The statements made in this News Release may contain certain
forward-looking statements. Actual events or results may differ from the
Company's expectations. Certain risk factors may also affect the actual
results achieved by the Company.
BEESTON COMPLETES EXPLORATION
PROGRAM ON BLUFF LAKE PROPERTY,
100 MILE HOUSE,
BC
VANCOUVER, January 17, 2008, Beeston Enterprises Ltd.
(the “Company”) (OTC-BB: BESE) announces the completion of its 2007
exploration program on the Bluff Lake property. The property is located
immediately north of GWR Resource’s property where trenching and
drilling continue to delineate significant alkalic copper-gold deposits.
Exploration on Bluff Lake commenced in 2007 with Mr. Rob Shives of GamX
Inc. conducting a detailed review of the airborne geophysical survey and
existing ground data. Mr. Shives, formerly the head of the Radiation
Division of the Geological Survey of Canada, has over 20 years of
experience in application of airborne surveys in the search for porphyry
copper-gold and other deposit types throughout Canada.
The geophysical data reveals that the Bluff Lake property overlies the
northern edge of the GWR airborne geophysical anomaly. Mr. Shive’s
review defined eight target areas for ground work. These targets were
the subject of geochemical soil sampling followed by prospecting and
rock sampling.
Sampling on one target southeast of Bluff Lake yielded an east-southeast
trending copper-in-soil anomaly nearly 500 metres long and at least 150
metres wide. This anomaly appears to be open to the east and west and
coincides with a zone of weathered monzonitic intrusive rocks that
differ markedly from the intrusive rocks elsewhere on the property.
Prospecting near this area resulted in the discovery of intrusive float
containing abundant copper mineralization. Analysis of this material
returned 1.49% copper and 8.1 g/t silver. The angular nature of this
material suggests a nearby source.
A $165,000 work program to test the copper anomaly is planned for 2008.
Proposed work includes access road construction, trenching and diamond
drilling.
Exploration on the Bluff Lake property was conducted under the
supervision of W. Gruenwald, P. Geo, of Geoquest Consulting Ltd. a
“qualified person” as defined by National Instrument 43-101.
ABOUT BEESTON
Beeston is a B.C. based mineral exploration Company with extensive
mineral tenures in Southern British Columbia. The Company is conducting
exploration projects on the Bluff and nearby Ruth Lake properties. The
Company will report on further results as they become available.
ON BEHALF OF THE BOARD OF DIRECTORS of Beeston Enterprises Ltd. - Brian
Smith
The statements made in this News Release may contain certain
forward-looking statements. Actual events or results may differ from the
Company’s expectations. Certain risk factors may also affect the actual
results achieved by the Company.
BEESTON PREPARES FOR EXPLORATION PROGRAM
VANCOUVER, June 14, 2007, BEESTON ENTERPRISES LTD. (OTCBB-BESE)
announces that it is preparing for the exploration program planned for
its Bluff Lake Property and Ruth Lake Property, both located near Lac La
Hache, British Columbia. The Company intends to spend $200,000(CDN) on
exploration work on the Bluff Lake Property and a further $50,000 (CDN)
on exploration work on the Ruth Lake Property. The exploration program
will comprise two phases.
Following the release of the gamma ray spectrometry airborne survey by
Geological Survey of Canada and Geoscience B.C. in early April of this
year the Company had Rob Shives, formerly of Geological Survey of
Canada, carry out a geophysical analysis of both properties, utilizing
the data obtained from the airborne survey. As a result, he was able to
identify numerous targets on both properties for the Company on which it
will focus its initial exploration work. The Company hopes to be in the
field in late June, 2007, to begin carrying out Phase I of its
exploration program which will entail reconnaissance grids and sampling
on the targets identified by Mr. Shives as well as some general
prospecting, rock sampling and mapping on both of its properties.
Based on this initial work and the assay results obtained from the
samples taken from these various targeted areas, they will be
prioritized for future, more detailed exploration work. In the case of
the Bluff Lake Property, the Company will select one or two of the
targets having the highest priority on which to carry out a trenching
and drilling program. This later program will be Phase II of the
Company’s work program. The Company hopes to be in the field for Phase
II of its exploration program in late Summer, 2007.
BEESTON SEEKS PRIVATE PLACEMENT
VANCOUVER, June 6,
2007, BEESTON ENTERPRISES LTD. (OTCBB-BESE) announces that it is
currently negotiating a private placement to provide financing for the
2007 exploration program on its Bluff Lake Property and Ruth Lake
Property. The exploration work program planned for these two mining
properties, both located near Lac La Hache, British Columbia, Canada,
will comprise two phases.
Phase I of its
intended work program will cost approximately $100,000 and is expected
to commence by the end of June, 2007. This phase of the work program
will consist of various reconnaissance grids and sampling of a number of
targets that have already been identified for both properties to enable
it to prioritize these targets for more extensive exploration work under
Phase II of its overall work program.
Phase II of the
intended work program will cost approximately $150,000 and will follow
the completion of Phase I and the determination of targets for trenching
and drilling.
BEESTON OPTIONS BRADLEY CREEK PROPERTY TO KRANTI
VANCOUVER, January 23, 2007 – Beeston Enterprises Ltd. (OTCBB-BESE)
(the “Company”) announces that it entered into an agreement with Kranti
Resources Inc. (“Kranti”) under which the Company granted Kranti an
option to purchase a certain mineral property, comprising approximately
478 hectares, located in the Clinton Mining District of British
Columbia, Canada (the ”Property”). Under the terms of the option
agreement, Kranti can acquire the Property from the Company upon the
payment of $20,000 (U.S.) at the time of signing plus carrying out a
work program of $175,000 (CDN) over a four year period. Upon the
acquisition of the Property by Kranti, the Property will be subject to a
royalty of 2% of net smelter returns payable to Candorado Operating
Company Ltd., with a payout of $1,000,000 (CDN), and an additional
royalty of 2% of net smelter returns payable to the Company, with a
payout of $2,000,000 (CDN).
BEESTON OPTIONS MURPHY LAKE CLAIMS FROM CANDORADO
VANCOUVER, December 15, 2006, Beeston Enterprises Ltd. (OTCBB-BESE)
(the “Company”) announces that it entered into an agreement with
Candorado Operating Company Ltd. (“Candorado”) (TSX Venture: “CDO”)under
which the Company was granted an option to acquire up to an undivided
60% interest in three mineral claims located in the Clinton Mining
District of British Columbia, Canada (the “Claims”) in consideration of
the payment of $5,000 (CDN). The Company can earn an undivided 50%
interest in the Claims by paying a further sum of $45,000 (CDN) on or
before January 31, 2007, plus carrying out a $200,000 (CDN) exploration
and development program on the Claims on or before December 15, 2007.
Upon exercising its option to acquire an undivided 50% interest in the
Claims, the Company has been granted a further option by Candorado to
acquire an additional 10% interest in the Claims by carrying out a
further $250,000 (CDN) exploration and development on the three claims
on or before December 15, 2008. In the event that the Company acquires
an interest in the three mining claims, the Company and Candorado have
further agreed, at the request of either party, to negotiate a joint
venture agreement for further exploration and development of the Claims.
The Property is located within the geological Quesnel Terrane, which
hosts the Mount Polley, Mount Milligan and Lorraine alkalic copper-gold
deposits to the north and the Rayfield River, Afton-Ajax and Copper
Mountain to the south. The Property borders, on the north, GWR
Resources’ Lac La Hache property.
In these deposits, potassium and magnetite alteration are commonly used
as exploration vectors for copper-gold mineralization. Hence an airborne
radiometric and magnetic geophysical survey was recently completed over
the Property in partnership with the Geological Survey of Canada and
Geoscience BC. Although the final interpretation is not yet available, a
preliminary review shows several potassium anomalies, which may be
indicative of potassium alteration.
On the property, south of Bluff Lake, fracture controlled potassic
alteration and copper mineralization have been noted. Other copper
showings exist elsewhere on the Property.
Previous explorers in the area have delineated areas of anomalous copper
in soils on the Property. No significant amount of drilling has been
done on the Property.
BEESTON ACQUIRES MINING PROPERTIES
VANCOUVER, September 15, 2006 – Beeston Enterprises Ltd.
(OTCBB-BESE) announces that it has acquired 19 mineral claims located in
the Clinton Mining District of British Columbia, Canada, form Candorado
Operating Company Ltd. (TSX.V:CDO) for an undisclosed price, subject
only to a 2% net smelter royalty that can be paid out for $1,000,000.
These mineral properties are located in the “Quesnel Trough”, Canada’s
most prolific copper/gold belt, hosting such mines as Highland Valley
Copper, Mount Polley, Gibraltar, Kemess and Imperial Metals. Beeston
intends to perform a preliminary exploration program on these mineral
properties, which total in excess of 9,200 hectares, over the next 12
months, to determine a long range exploration program for the mineral
properties.
