Beauce Gold Fields Announces 2026 Sonic Drilling Program for Saint-Simon-les-Mines Paleoplacer Gold Channel

QUEBEC CITY, Quebec — October 8, 2026 — Leads & Copy — Beauce Gold Fields (“BGF”) is set to commence the first phase of its 2026 sonic drilling program on the Saint-Simon-les-Mines paleoplacer gold channel located in southern Quebec. The program is scheduled to begin after November 15, 2026, following the conclusion of the local hunting season.

The initial drilling initiative will involve approximately 20 to 30 sonic drill holes, concentrating on a one-kilometre stretch within the western portion of the nearly six-kilometre-long paleoplacer channel. These activities will primarily take place in the De Léry and Chaussegros sectors. The program is designed to investigate the auriferous basal sedimentary horizons, saprolitic and fractured bedrock, along with interpreted tributary, confluence, and deltaic features within the chosen segment of the paleovalley.

BGF also plans to twin selected historical drill holes to facilitate a comparison between modern sonic drilling outcomes and historical geological and gold data. The Delery–Chaussegros area was specifically chosen for this initial phase due to its combination of key geological features and extensive historical drilling and geophysical coverage.

The Company has secured the necessary Authorization for Impact-Causing Exploration Work (“ATI Authorization”) from Quebec’s Ministry of Natural Resources and Forests (“MRNF”) for the planned drilling activities. BGF intends to expand its sonic drilling efforts to other paleoplacer sections in 2027.

Patrick Levasseur, President and CEO of Beauce Gold Fields, highlighted the significance of this undertaking, stating, “This is an important and exciting milestone for Beauce Gold Fields. For the first time in decades, we will be drilling the historical Saint-Simon-les-Mines placer gold channel with modern sonic methods to directly test its gold potential and the geological basis of our current Exploration Target. This district produced significant coarse gold historically, including large nuggets, but much of the paleoplacer remains underexplored by modern standards. We believe this program has the potential to materially improve our understanding of the channel and help demonstrate the scale and significance of the Saint-Simon-les-Mines paleoplacer system.”

The sonic drill program will leverage an integration of historical drilling data, geological interpretations, and prior geophysical surveys covering parts of the Delery and Chaussegros sectors. Between 2013 and later, the Institut national de la recherche scientifique (“INRS”) conducted electrical resistivity tomography (“ERT”) and induced polarization (“IP”) surveys across sections of the Saint-Simon-les-Mines paleoplacer area. These, along with subsequent ERT, gravity, and related surveys, have aided in mapping overburden thickness, paleovalley geometry, and bedrock structure. This information, combined with historical drilling records from Beauce Placer Co., Geological Survey of Canada, Coniagas, and Macamic, forms a substantial geological framework for the positioning of the initial sonic drill holes.

BGF had previously announced plans for a seismic refraction and reflection survey in July 2026 but elected to defer this program after a technical and cost review indicated that the required third-party blasting contractor for the seismic source would significantly increase the program's cost.

The Saint-Simon-les-Mines paleoplacer channel has been divided into five exploration sections: Delery Section, Chaussegros Section, Saint-Gustave Section, G80–G85 Section, and Rang 6 Section. The Saint-Simon-les-Mines paleoplacer is a nearly six-kilometre-long buried gold-bearing channel within the Gilbert River paleovalley, representing the heart of Canada’s inaugural gold rush district. Historical mining operations from the 1860s to the 1960s yielded substantial amounts of coarse gold, including large nuggets.

The Company’s geological model suggests gold mineralization is concentrated within basal sedimentary horizons, saprolitic bedrock, and natural traps along the paleovalley floor. The paleovalley is situated south of the Company’s interpreted Saddle Reef-style antiform structures, which BGF’s model is assessing as potential bedrock sources for the historical placer gold. Tributaries entering the Gilbert River paleovalley from the north are also considered significant in gold transportation and concentration, making interpreted deltaic deposits at tributary mouths prime exploration targets for the current sonic drilling program.

This drilling program follows a June 2026 technical assessment that established an Exploration Target for the Saint-Simon-les-Mines paleoplacer channel. The target ranges between 4,004,674 and 5,991,229 cubic metres, with a grade of 2.02 g Au/m³ to 12.0 g Au/m³. This target is based on interpretations of historical drilling, geological modeling, paleovalley reconstruction, volumetric calculations, and the evaluation of auriferous bedrock units. The potential quantity and grade of this Exploration Target are conceptual, and insufficient exploration has been conducted to define a mineral resource. It remains uncertain whether further exploration will lead to the delineation of a mineral resource.

Jean Bernard, B.Sc., P.Geo., an independent Qualified Person, has reviewed and approved the technical content of this news release.

Beauce Gold Fields is dedicated to exploring and developing the historic placer gold district of the Beauce region in southern Quebec, aiming to trace historical placer gold workings back to potential bedrock sources and assess the potential for economic lode-gold mineralization. The Company’s primary asset is the Saint-Simon-les-Mines gold project, the site of Canada’s first gold rush. The Beauce region was a hub for major historical placer gold operations from the 1860s through the 1960s, producing some of the largest gold nuggets documented in Canadian mining history. Beauce Gold Fields continues to investigate antiform structures believed to have contributed gold to the region’s placer deposits, evaluating whether structural traps associated with antiform folding and saddle-reef-style quartz mineralization could be potential bedrock sources.

Source: Beauce Gold Fields