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Beauce Gold Fields Applies for ATI Authorization to Drill Historic Saint-Simon-Les-Mines Placer Gold Channel
Thenewswire· 2026-02-26 13:35
February 26, 2026 – TheNewswire - Montreal, Quebec, Canada - Beauce Gold Fields (Champs d’Or en Beauce) (TSX Venture: BGF), referred to as “BGF” or the “Company,” is pleased to announce that it has submitted an Application for Authorization for Impact Exploration Work (“ATI Authorization”) to Quebec’s Ministry of Natural Resources and Forests (MRNF) for drilling and related exploration activities on its Saint-Simon-les-Mines placer gold property.The application follows a positive presentation and discussio ...
Beauce Gold Fields Advances Saddle-Reef Discovery with March Drilling
Thenewswire· 2026-02-09 14:00
Core Viewpoint - Beauce Gold Fields is set to initiate a follow-up diamond drilling program at the Grondin Zone in March 2026, aimed at further exploring the gold-bearing Saddle-Reef antiform structure [1][2]. Exploration Program - The upcoming drilling program will consist of up to 1,500 meters of diamond drilling to test selected targets along strike and at depth within the Grondin Zone [1]. - The drilling targets have been refined using a recently completed 3-D geological model, integrating data from previous drilling campaigns in 2023 and 2025 [4]. - The program will focus on testing down-dip extensions of known mineralized zones, which have shown a continuous mineralized corridor that remains open laterally and at depth [4][5]. Geological Context - The Grondin Zone has been systematically explored since 2023, with multiple diamond drill campaigns, geophysical surveys, geological mapping, and limited bulk sampling conducted [5]. - Previous drilling confirmed gold mineralization associated with a Saddle Reef antiform geometry, traced over several hundred meters and remaining open both along strike and at depth [5][6]. - The exploration strategy aims to identify bedrock sources of historic placer gold deposits, with gold-bearing mineralization confirmed along a 4-kilometer strike length from the Grondin Zone [6]. Structural Insights - The antiform-hosted structure is interpreted as a likely bedrock source contributing to historical placer gold deposits within the Saint-Simon-les-Mines paleoplacer channel [7]. - Induced polarization surveys and geological interpretation have outlined an approximately 8-kilometer antiform Saddle Reef structural corridor, providing a framework for ongoing exploration [6]. Company Background - Beauce Gold Fields focuses on exploring and developing the largest placer gold district in eastern North America, with the objective of tracing old placer gold workings back to a bedrock source [8]. - The company's flagship property is the Saint-Simon-les-Mines gold project, historically significant as the site of Canada's first gold rush [8].
Beauce Gold Fields Achieves 88% Drill Success Rate at the Grondin Zone. 3-D Interpretation Confirms 600 M Mineralized Corridor
Thenewswire· 2025-12-17 13:35
Core Insights - Beauce Gold Fields has achieved a significant milestone with the completion of a Leapfrog™ 3-D geological model for the Grondin Zone, enhancing the understanding of its gold-bearing structures [1][2][10] - The model integrates drill data from 2023 and 2025, providing a three-dimensional visualization of the antiform-saddle reef mineralized system, which has been traced over an 8-km geophysical signature [1][4] - The company reported an impressive 88% drill success rate across its recent campaigns, significantly higher than the typical 20-40% success rate for early-stage gold exploration [5][7] Geological Model Highlights - The 3-D model incorporates various geological data, including digitized drill sections, gold assay intervals, and lithological logs, resulting in a high-resolution visualization of the mineralized system [4][10] - Gold-bearing intervals range from 0.200 ppm to 11 ppm, with a mineralized strike length of 600 meters confirmed [4][5] - The model indicates mineralization extends to depths of approximately 40 meters and remains open along strike and at depth [5][10] Drill Results - A total of 14 out of 16 drill holes returned gold grades of 0.3 g/t Au or higher, confirming the presence of a robust, continuous mineralized corridor [7][8] - Detailed drill results from 2023 and 2025 show various intervals with significant gold concentrations, including notable assays of 11.4 g/t and 8.85 g/t [6][8] - The company plans to utilize the new model to refine drill targeting for the upcoming winter campaign [2][11] Future Exploration Plans - The company intends to deploy a borehole televiewer to determine the precise dip and orientation of gold-bearing structures, which will aid in optimizing deeper drilling efforts [10] - Upcoming exploration will focus on step-out drilling to test lateral continuation along the 600-meter corridor and deeper drilling beyond the confirmed vertical extent of mineralization [11][12] - Integration of new geophysical, geochemical, and historical data sets will further enhance exploration strategies [11][12]
Beauce Gold Fields Samples Apatite-Rich Targets on its Ch-98 Phosphate Property
Thenewswire· 2025-11-17 14:20
Core Insights - Beauce Gold Fields (BGF) has reported positive results from its CH-98 Phosphate Property in Québec, focusing on verifying historical phosphate showings and planning further exploration [1][3][9] Company Overview - Beauce Gold Fields is engaged in exploring and developing the largest placer gold district in eastern North America, with a flagship project at Saint-Simon-les-Mines [9] - The company aims to trace old placer gold workings back to bedrock sources to uncover economic lode gold deposits [9] Phosphate Exploration - The CH-98 property consists of 34 exploration claims and is strategically located near Arianne Phosphate's Lac à Paul project [1] - The exploration program aims to advance near-surface phosphate targets, contributing to North America's critical minerals supply chain [3][9] Geological Context - CH-98 is situated within the Lac-Saint-Jean anorthositic suite, known for its apatite-bearing anorthosite and mafic cumulates [4] - Historical analysis reported a high-grade rock sample at CH-98-61 with 8.59% P₂O₅ from apatite-bearing anorthosite [5] Sampling and Next Steps - The company collected grab samples, including a 20 kg bulk sample of apatite-rich granoblastic anorthosite, for further analysis [6] - Planned exploration activities include mechanical stripping, high-resolution ground or UAV magnetics, detailed prospecting, and follow-up in the northern sector for massive oxide targets [11]
Beauce Gold Fields Closing a Non-Brokered Flow-Through Private Placement
Thenewswire· 2025-10-30 15:45
Core Viewpoint - CanadaBeauce Gold Fields is closing a non-brokered flow-through private placement to raise funds for exploration activities, specifically targeting gold and phosphate properties [1][3]. Group 1: Private Placement Details - The company is issuing 9,999,622 units at a price of $0.045 per unit, resulting in gross proceeds of $449,983 [1]. - Each unit consists of one common share and one common share purchase warrant, allowing the holder to purchase an additional common share at $0.12 for 24 months [1]. - A finder's fee of $40,048.30 will be paid to EMD Financial Inc., along with the issuance of 711,970 warrants to the same firm [2]. Group 2: Use of Proceeds - Proceeds from the private placement will primarily be allocated for exploration of gold and phosphate properties [3]. - The company stipulates that no more than 10% of the proceeds can be used for Investor Relations Activities, and none will be allocated to payments to non-arm's length parties [3]. Group 3: Company Overview - Beauce Gold Fields is focused on exploring the largest placer gold district in eastern North America, with the goal of tracing old placer gold workings back to their bedrock sources [4]. - The flagship property is the Saint-Simon-les-Mines gold project, historically significant as the site of Canada's first gold rush [4]. - The company is currently drilling antiform systems believed to contribute to extensive auriferous placer deposits in the Beauce region [4].
Beauce Gold Fields Closing A Non-Brokered Private Placement
Thenewswire· 2025-10-24 20:30
Core Viewpoint - Beauce Gold Fields is closing a non-brokered private placement of 19,132,600 units at a price of $0.04 per unit, raising gross proceeds of $765,304, aimed at financing exploration and general corporate purposes [1][2]. Group 1: Private Placement Details - The private placement was announced on September 17, 2025, and was open to existing shareholders as of September 16, 2025, with subscriptions exceeding the required minimum [1]. - Existing shareholders contributed $376,304, while accredited investors accounted for the remaining $389,000 [1]. - Each unit consists of one common share and one common share purchase warrant, allowing the holder to purchase one common share at $0.10 for 24 months post-closing [2]. Group 2: Use of Proceeds - Proceeds from the placement will be allocated for exploration and general corporate purposes, with a maximum of 10% designated for investor relations activities [4]. - No proceeds will be used for payments to non-arm's length parties or for investor relations activities [4]. Group 3: Finder's Fees and Warrants - The company will pay finder’s fees of $800 to Canaccord Genuity Corp and $51,300 to EMD Financial Inc, along with issuing 16,000 and 1,026,000 warrants to these firms, respectively [3]. - The warrants will also allow the purchase of common shares at $0.10 for 24 months, subject to a four-month and one-day hold period [3]. Group 4: 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 Saint-Simon-les-Mines gold project [5]. - The company aims to trace old placer gold workings back to a bedrock source to uncover economic lode gold deposits [5]. - The Beauce region has a historical significance in gold mining, having produced some of the largest gold nuggets in Canadian history [5].
Beauce Gold Fields To Extend Term Of Share Purchase Warrants
Thenewswire· 2025-10-06 21:30
October 6, 2025, Montreal, Quebec, Canada – TheNewswire - Beauce Gold Fields (Champs D’Or en Beauce) (TSX Venture: "BGF"), referred to as "BGF" or the "Company," announces that by resolution adopted on October 6, 2025, its Board of Directors has authorized the application to the TSX Venture Exchange (the “Exchange”) for approval of the extension, until October 20, 2027, of the exercise date of 3,000,000 outstanding common share purchase warrants (the “Warrants”) issued by the Company October 24, 2022.The 3 ...
Beauce Gold Fields To Proceed With A $450,000 Flow-Through Private Placement
Thenewswire· 2025-09-30 19:05
Core Viewpoint - Beauce Gold Fields is initiating a non-brokered private placement of 10,000,000 Flow-Through units at a price of $0.045 per unit, aiming for gross proceeds of $450,000 to finance exploration on its gold properties [1][4]. Group 1: Private Placement Details - Each Flow-Through unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.12 for 24 months post-closing [2]. - The placement is targeted at accredited investors and may involve finders' fees, with a restriction that no more than 10% of the proceeds can be allocated for Investor Relations Activities [3]. Group 2: Regulatory and Usage of Proceeds - The private placement is contingent upon receiving all necessary regulatory approvals, including from the TSX Venture exchange [4]. - The proceeds from the offering will specifically be utilized for exploration activities on the company's gold properties [4]. Group 3: Company Overview - Beauce Gold Fields is focused on exploring and developing the largest placer gold district in eastern North America, with its flagship property being the Saint-Simon-les-Mines gold project [7]. - The company aims to trace old placer gold workings back to a bedrock source to uncover economic lode gold deposits, leveraging historical placer gold mining activity in the Beauce region [7].
Beauce Gold Fields Assays Fault Line and Pyrite-Bearing Drill Cores
Thenewswire· 2025-09-30 12:30
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]
Beauce Gold Fields: Non-Brokered Private Placement Offering
Thenewswire· 2025-09-17 13:20
Core Viewpoint - Beauce Gold Fields is initiating a non-brokered private placement to existing shareholders and accredited investors, aiming to capitalize on recent gold discoveries and updated exploration targets [1][2]. Group 1: Private Placement Details - The company is offering a minimum of 2,000,000 units and a maximum of 20,000,000 units at a price of $0.04 per unit, targeting gross proceeds of $80,000 to $800,000 [3]. - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.10 for 24 months post-closing [3][5]. - The placement is open to accredited investors and existing shareholders as of September 16, 2025, with a minimum subscription amount of $5,000 for existing shareholders [6][7]. Group 2: Use of Proceeds - Proceeds from the private placement will be allocated for general working capital and exploration of gold and phosphate properties [9]. - A maximum of 10% of the proceeds can be used for investor relations activities, and no proceeds will be allocated to non-arm's length parties or for payments related to investor relations [10]. Group 3: Company Background - Beauce Gold Fields focuses on exploring and developing the largest placer gold district in eastern North America, with the flagship property being the Saint-Simon-les-Mines gold project [13]. - The company aims to trace historical placer gold workings back to their bedrock source to uncover economic lode gold deposits, leveraging geological models that suggest significant gold formation in the region [13].