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Beaufield closes Launay deal

Quebec and Ontario focused explorer Beaufield Resources (TSXV:BFD) has closed a deal with Melkior Resources (TSXV:MKR) giving it the remaining 50% interest in the Launay gold property in Quebec’s Abitibi Greenstone belt.

The close comes less than two weeks after the Montreal miner said it would build its 50% holding to 100% for C$125,000 in cash and 2.5 million common shares.