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Beauce Gold Fields Commences Drilling Program to Test Gold Bearing Bedrock Structures, Fault Line and the Historical Placer Gold Channel

Mercredi, juin 9, 2021 - 1:32pm

Patrick Levasseur, President and CEO of Beauce Gold Fields said, "This will be the first significant diamond drill program that this historical placer gold property has ever witnessed."

Key Points: 
  • Patrick Levasseur, President and CEO of Beauce Gold Fields said, "This will be the first significant diamond drill program that this historical placer gold property has ever witnessed."
  • Notably, the AMT Fault is sub-parallel to the placer channel and the splays appear to cross a N-S section the Placer Channel.
  • Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec.
  • The intent of Beauce Gold Fields is to trace the placer gold workings back to the bedrock source and uncover economic bedrock gold mineralization.

Beauce Gold Fields Trenches Identify Multiple Gold Bearing Bedrock Structures 25 Metres from Historical Placer Gold Channel

Mercredi, mai 12, 2021 - 12:48pm

Trench sampling has identified multiple gold bearing bedrock structures 25 meters from the historical placer gold channel and to within approximately 10 meters of a recently discovered major fault line (see "AMT Fault", below), on the St-Gustave section located in Saint-Simon-les-Mine, Quebec.\nPatrick Levasseur, President and CEO of Beauce Gold Fields said, "This historical placer gold deposit has been known for 150 years yet this is the first reported discovery of multiple gold bearing bedrock structures."

Key Points: 
  • Trench sampling has identified multiple gold bearing bedrock structures 25 meters from the historical placer gold channel and to within approximately 10 meters of a recently discovered major fault line (see "AMT Fault", below), on the St-Gustave section located in Saint-Simon-les-Mine, Quebec.\nPatrick Levasseur, President and CEO of Beauce Gold Fields said, "This historical placer gold deposit has been known for 150 years yet this is the first reported discovery of multiple gold bearing bedrock structures."
  • Notably, the AMT Fault is sub-parallel to the placer channel and the splays appear to cross a N-S section the Placer Channel.
  • The trenches are located approximately 180 m SSW from the intersection of Chemin du Rang St-Gustave and the Rivi\xc3\xa8re Gilbert.
  • Directly NE of these trenches two historical 1959 RC drill holes (3SW - L04 & L03.5) drilled into the placer channel returned gold values.

Beauce Gold Fields Megantic Geochemical Survey Reveals Gold Anomaly Along the Bella Fault Line

Vendredi, avril 23, 2021 - 1:11pm

The survey revealed an overburden gold anomaly along strike the Bella Fault line.\nPatrick Levasseur, President and CEO of Beauce Gold Fields said, "This gold anomaly, along with the Chesham 10 grams per ton sample announce last week, supports the potential of the Bella Fault line being another major gold bearing structure in Southern Quebec."

Key Points: 
  • The survey revealed an overburden gold anomaly along strike the Bella Fault line.\nPatrick Levasseur, President and CEO of Beauce Gold Fields said, "This gold anomaly, along with the Chesham 10 grams per ton sample announce last week, supports the potential of the Bella Fault line being another major gold bearing structure in Southern Quebec."
  • Mr. Levasseur added: "The Megantic property holds a similar geological model to the company\'s flagship Saint-Simon-les-Mines Beauce Gold property whereby a major geological fault line follows along strike the historical placer gold deposit.
  • The objective was to confirm past anomalous values and to assay for new gold values (Noranda did not assay for gold).
  • Samples were sent to Activation Labs for geochemical analysis.\nResults showed a gold anomaly (+28 and +30 ppb Au) on 2 lines.

Beauce Gold Fields Megantic Overburden Sample Returns 10 Grams per Ton Gold in the Vicinity of the Bella Fault Line

Lundi, avril 12, 2021 - 9:49pm

The sample was taken from the surface (-30cm) of a sand pit and is represented by fine, oxidized sands.

Key Points: 
  • The sample was taken from the surface (-30cm) of a sand pit and is represented by fine, oxidized sands.
  • The gold content is established at 10 grams per tonne of sand or approximately 0.55 cubic meters.
  • A sample of heavy minerals from the creek gravels contained visible gold grains the size of a pinhead (+ 850mm).
  • The Company\'s flagship property is the St-Simon-les-Mines Gold project site of Canada\'s first gold rush that pre-dates the Yukon Klondike.

Beauce Gold Fields to Close $700,000 Flow-Through Private Placement

Mardi, mars 30, 2021 - 8:20pm

Montreal, Quebec--(Newsfile Corp. - March 30, 2021) - Beauce Gold Fields (Champs D'Or en Beauce) (TSXV: BGF), ("BGF"), is pleased to announce that it is closing a fully subscribed non-brokered private placement of 2,000,000 Flow-Through units ("Unit") at $0.35 per unit for gross proceeds of $700,000.

Key Points: 
  • Montreal, Quebec--(Newsfile Corp. - March 30, 2021) - Beauce Gold Fields (Champs D'Or en Beauce) (TSXV: BGF), ("BGF"), is pleased to announce that it is closing a fully subscribed non-brokered private placement of 2,000,000 Flow-Through units ("Unit") at $0.35 per unit for gross proceeds of $700,000.
  • Patrick Levasseur, President and CEO of Beauce Gold Fields, said, "This Flow-Through financing will allow Beauce Gold Fields to broaden its upcoming drill campaign on its Saint-Simon-les-Mines Beauce Gold property and expand its exploration efforts on the Megantic property."
  • Each share issued pursuant to the placement will have a mandatory four-month-and-one-day hold period from the date of closing of the placement.
  • Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec.

Beauce Gold Fields Issues Royalty Payment Increasing HPQ Silicon Holding

Vendredi, mars 5, 2021 - 2:10pm

With this issuance of shares, HPQ will own 3,036,800 shares of BGF, or 7.25% of the outstanding float of BGF.

Key Points: 
  • With this issuance of shares, HPQ will own 3,036,800 shares of BGF, or 7.25% of the outstanding float of BGF.
  • Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec.
  • The Company's flagship property is the St-Simon-les-Mines Gold project site of Canada's first gold rush that pre-dates the Yukon Klondike.
  • The intent of Beauce Gold Fields is to trace the workings back to the bedrock source and uncover economic gold mineralization.