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Beauce Gold Fields Drills Up To 5.2 G/T Gold In Axis of Antiform Confirmed Gold-Bearing Mineralization Along Saddle Reef Traced for 4 km Unexpected Discovery of Gold-Bearing Mineralized Fault Line
Thenewswire· 2025-09-11 12:00
Core 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]
Beauce Gold Fields Honored to Participate in the Inauguration of Promenade des Mines
Thenewswire· 2025-07-18 16:20
Core Points - CanadaBeauce Gold Fields (BGF) is a mineral exploration company focused on gold in southern Quebec and recently attended the inauguration of the Promenade des Mines and Séraphin-Bolduc Dredge historic site, celebrating the town's mining heritage [1][3] - BGF made a symbolic donation to the Municipality of Saint-Simon-les-Mines, including a historical artifact and documents related to the Séraphin-Bolduc Dredge, which was the largest placer gold mine in Eastern North America during the 1960s [2][6] - The company aims to trace old placer gold workings back to a bedrock source to uncover economic lode gold deposits, with its flagship property being the Saint-Simon-les-Mines gold project, which is historically significant as the site of Canada's first gold rush [6] Company Overview - Beauce Gold Fields is focused on exploring and developing the largest placer gold district in Eastern North America, with a geological model suggesting that placer gold formed in stressed quartz pockets within layered domed Axis of Antiforms [6] - The company is currently drilling recently discovered antiform systems believed to have contributed to extensive auriferous placer deposits in Beauce, with historical production of large gold nuggets ranging from 50oz to 71oz [6]
Beauce Gold Fields to Extend Term of Share Purchase Warrants
Thenewswire· 2025-05-26 19:10
Core Points - Beauce Gold Fields has received Board approval to extend the exercise date of 6,000,000 outstanding common share purchase warrants until June 14, 2027 [1][2] - The warrants, originally set to expire on June 15, 2025, have an exercise price of $0.10, and none have been exercised to date [2] Company Overview - Beauce Gold Fields is focused on exploring and developing the largest placer gold district in eastern North America, with the goal of tracing old placer gold workings back to a bedrock source to uncover economic lode gold deposits [3] - The flagship property is the St-Simon-les-Mines Gold project, which is historically significant as the site of Canada's first gold rush, predating the Yukon Klondike [3] - The Beauce region has a rich history of placer gold mining, with operations from the 1860s to the 1960s, producing some of the largest gold nuggets in Canadian mining history, ranging from 50 ounces to 71 ounces [3] - The company is currently exploring recently discovered antiform systems that may have contributed to extensive auriferous placer deposits in Beauce [3] - The geological model suggests that placer gold formed in stressed quartz pockets within layered domed Axis of Antiforms, similar to notable global Saddle Reef formations [3]
Beauce Gold Fields Closes Non-Brokered Private Placement
Thenewswire· 2025-05-14 16:00
Core Points - Beauce Gold Fields is closing a non-brokered private placement of 7,200,000 units at a price of $0.04 per unit, resulting in gross proceeds of $288,000 [1] - Each unit consists of one common share and one common share purchase warrant, allowing the holder to purchase an additional common share at $0.08 for 24 months [1] - The proceeds will be allocated for exploration financing and general corporate purposes [1] Financial Details - The company will pay finder's fees totaling $16,600 to various financial institutions involved in the placement [2] - Additionally, the company will issue a total of 300,000 warrants to the agents, allowing them to purchase common shares at $0.08 for 24 months [2] Company Overview - Beauce Gold Fields focuses on exploring and developing the largest placer gold district in eastern North America, with its flagship property being the St-Simon-les-Mines Gold project [4] - The company aims to trace old placer gold workings back to their bedrock sources to uncover economic lode gold deposits [4] - The Beauce region has a historical significance in gold mining, having produced some of the largest gold nuggets in Canadian history [4]