Materion (US:MTRN) Thenewswireยท2025-09-11 12:00Core Insights - Beauce Gold Fields has announced the results of its summer diamond drill program in Beauceville, Quebec, which included 13 holes totaling 970 meters [1][20] - The drilling program confirmed the presence of gold-bearing structures within the Saddle Reef, indicating strong exploration potential [2][20] Grondin Zone Highlights - Drilling at the Grondin Zone followed up on a 2024 IP survey, revealing a strong breccia and extensive stockworks with gold mineralization encountered in most 2023 drill holes [3][20] - Notable drill hole GR-25-02 intersected 2.0 g/t Au over 4.0 m, including 5.2 g/t Au over 0.5 m, with mineralization extending several hundred meters [4][20] - Drill hole GR-25-08 discovered a gold-mineralized fault line, returning significant values of 0.8 g/t Au over 9.5 m, with a higher-grade interval of 2.3 g/t Au over 1.0 m [7][20] Giroux Zone Highlights - Hole BE-25-01 tested an IP and soil anomaly, intersecting mainly grey shale, while other holes encountered mineralized lapilli tuffs with quartz veins [12][20] - Structural interpretation suggests a mega-antiform fold controlling gold mineralization, with evidence indicating historical placer gold contributions from eroded horizons [14][15][20] Future Exploration Plans - The company plans to apply for an expansion of its ATI Authorization to allow additional exploration work and further drilling [21][20] - Future work will include detailed mapping, geochemistry, and targeted geophysical surveys to refine drill targets [10][20] Company Overview - Beauce Gold Fields is focused on exploring and developing the largest placer gold district in eastern North America, aiming to trace old placer gold workings back to bedrock sources [23][20] - The company is currently drilling recently discovered antiform systems believed to have contributed to extensive auriferous placer deposits in Beauce [24][20]