Beauce Gold Fields Assays Fault Line and Pyrite-Bearing Drill Cores

Core Insights - Beauce Gold Fields has discovered a new gold-bearing environment following the unexpected finding of a gold-mineralized fault line in drill hole GR-25-08, which has prompted the re-examination of previous drill cores [1][2] - The company is expanding its exploration potential beyond the Saddle Reef structures, with a focus on the association of gold with coarse pyrite in black shale [2] - The summer diamond drill program has successfully intersected gold-bearing structures, with drill hole GR-25-08 returning assays of 0.8 g/t Au over 9.5 m, including 2.3 g/t Au over 1.0 m [2] Core Sampling and Assays - A total of 920 core samples have been re-evaluated and/or submitted for analysis, including 14 holes from the 2021 program and 12 holes from the 2025 program [3][4] - The 2021 program identified a major fault line parallel to the Saddle Reef, with recommendations for follow-up holes, some of which remain untested [3] - The 2025 program includes 12 holes with 712 samples, while the 2023 program includes 5 holes with 208 samples [4] Quality Assurance/Quality Control - The drill program adhered to strict QA/QC protocols, with all drilling recovering HQ cores and samples being processed at MSALABS in Val-d'Or, Quebec [5] - Samples underwent gamma ray analysis for gold using a photon assay instrument, ensuring the integrity of the assay process [5] Company Overview - Beauce Gold Fields is focused on exploring the largest placer gold district in eastern North America, aiming to trace old placer gold workings back to a bedrock source [8] - The flagship property is the Saint-Simon-les-Mines gold project, historically significant as the site of Canada's first gold rush [8] - The geological model suggests that placer gold formed in stressed quartz pockets within layered domed axes of antiforms, similar to notable global Saddle Reef formations [8]