Symbol: TSX.V: BGF

Shares Outstanding: 109,551,971

 

September 3, 2025 – 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 the results of a comprehensive technical assessment of its flagship Saint-Simon-les-Mines placer gold property located in the Beauce region of southern Quebec. The report incorporates newly recovered historical drill data, high-resolution lidar mapping, and reinterpretation of stratigraphic and structural models to significantly expand the Company’s gold exploration target.

Gold Exploration Target Doubled from Previous Estimate

The updated 2025 polygonal-based model defines an Exploration Target ranging between:

• 3.86 million m³ @ 0.81 g Au/m³ to 

• 3.86 million m³ @ 4.9 g Au/m³, including nugget effect. 

This represents a near doubling of the previous 2015 target, which estimated a range of 2,200,000 m3 @ 0.87g Au/m3 and 2,200,000 m3 @ 5.22 g Au/m3 (Source Sedar: 43-101 Report – Beauce, July 4th 2018, Author B. Violette).  The new estimates are grounded in historical drilling by Beauce Placer Co. (1958–1960), Coniagas Resources (1985), Ressources Macamic (1987–88), and BGF (2021), now georeferenced and integrated with lidar-derived paleo-valley reconstructions.  BGF rediscovered over 344 original drill logs and cross sections from Beauce Placer Co. 1958-1959 churn drilling (BGF press release January 11, 2021), which had not been used in any prior modern assessment. These documents were instrumental in reconstructing five detailed 1:1,000 scale relief maps of the paleo valley and refining exploration polygons.  The updated report titled (in French), Rapport technique sur les cibles d’exploration aurifère du canal paleoplacer de Saint-Simon-les-Mines, Aout 2025, by Jean Bernard, géo, an independent Qualified Person (QP) under National Instrument 43-101, will be deposited on Sedar.

The Exploration Target mentioned is conceptual in nature. There has been insufficient exploration to define a mineral resource, and there can be no assurance that further exploration will result in the definition of such a resource.

Key Geological Highlights

• Two auriferous host units confirmed: a saprolitic altered bedrock horizon and an underlying brown glacial diamicton, both enriched in visible coarse gold. 

• New mapping delineates three tributary-fed deltaic targets along the Gilbert River paleochannel, suggesting significant upstream gold input. 

• Structural interpretation reveals multiple antiform "Saddle Reef"-style folds associated with quartz veining and gold-bearing stockwork believed to be the source of the placers. 

 

Patrick Levasseur, President and CEO of Beauce Gold Fields, stated: “This is the most comprehensive geological review of the Saint-Simon-les-Mines placer channel since the 1960s. By integrating historic and modern data, we have improved the definition, volume, and grade confidence of the placer system, which now clearly exceeds half a million ounces potential with strong indications of proximity to bedrock lode sources.”  Mr. Levasseur further stated, “This report validates that the Gilbert River paleoplacer system has been historically underestimated. With this new target, we are not only reviving a legacy gold district but elevating its potential to a modern exploration success story.”

 

The Company intends to apply for an ATI Authorization from Quebec’s Ministry of Natural Resources (MRNF) for “impact exploration work” which is valid for a period of two years for the proposed exploration activities:

• Expand its 2025 sonic drill program to test unverified deltaic extensions; 

• Pursue bulk sampling across high-priority polygons identified in the report; 

• Continue geometallurgical and nugget-effect characterization studies; 

The technical information in this news release has been reviewed and approved by Jean Bernard, géo, an independent Qualified Person (QP) under National Instrument 43-101.

Click Image To View Full Size

 

Image: Map of the paleoplacer channel and exploration target polygons

  

About Beauce Gold Fields

 

Beauce Gold Fields is focused on exploring and developing the largest placer gold district in eastern North America. The Company’s objective is the trace old placer gold workings back to a bedrock source to uncover economic lode gold deposits.  The Company’s flagship property is the Saint-Simon-les-Mines gold project, site of Canada’s first gold rush that pre-dates the Yukon Klondike.  The Beauce region hosted some of the largest historical placer gold mines in Eastern North America that were active from 1860s to the 1960s It produced some of the largest gold nuggets in Canadian mining history (50oz+). (Source Sedar: 43-101 Report - Beauce July 4th 2018, Author B. Violette)

 

Beauce Gold Fields is currently drilling recently discovered antiform systems that is believed to have contributed to the development of extensive auriferous placer deposits in Beauce.  The Company’s geological model suggests that placer gold within the Beauce Gold paleochannel, including the renowned large nuggets from the 19th century, formed in stressed quartz pockets within layered domed Axis of Antiforms, exemplified by Saddle Reef formations. Notable global Saddle Reef formations include the Bendigo gold fields in Australia (over 60 million ounces) and the high-grade Dufferin deposit in Nova Scotia.

 

Beauce Gold Fields website www.beaucegold.com

 

Disclaimers:

This press release contains certain forward-looking statements, including, without limitation, statements containing the words "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "in the process" and other similar expressions which constitute "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements reflect the Company's current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding mineral exploration. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company's on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information contact

Patrick Levasseur, President and CEO Tel: (514) 262-9239

www.beaucegold.com