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Beauce Gold Fields $BGF.ca Stakes 30 Placer to Hard Rock Gold Properties $KG.ca $OSK.ca $TIG.ca $GSR.ca $ATC.ca $WGO.ca $OR.ca $KGC.ca

Posted by AGORACOM-Eric at 4:37 PM on Tuesday, January 12th, 2021
  • Staked a portfolio of prospective placer to hard rock gold anomalies throughout southern Quebec
  • The Mégantic property extends for at least 30 km along the axis of the Bella Fault.

Beauce Gold Fields (Champs D’Or en Beauce) (TSXV: BGF), (“BGF”), is pleased to announce that it has acquired through map staking, a portfolio of prospective placer to hard rock gold anomalies throughout southern Quebec. The Beauce, the Megantic and Quebec’s Eastern Townships are considered to be the most suitable regions for the discovery of gold deposits near or under former gold placers.

Patrick Levasseur, President and CEO of Beauce Gold Fields said, “Just as major gold companies have found new value in storied placer gold districts of BC’s Cariboo and the Kondike in Yukon, we see untapped potential in Quebec’s placer gold properties.” Mr. Levasseur added: “For example, 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 historical placer gold deposits.”

The Mégantic property is limited to the southwest by the American border of New Hampshire and to the northeast by Lac Mégantic. The property extends for at least 30 km along the axis of the Bella Fault. It is divided into four areas: the Ditton, the Mining Brook, the Chesham and Bergeron rivers.

The Mégantic property is located at the foot of the granite intrusion of Mont Mégantic. It partly occupies the Compton Formation composed of graphitic and pelitic metasedimentary rocks of Siluro-Devonian age. These sedimentary rocks are in discordant contact in the center of the terrain with the volcanic facies (basalts, andesites and dacites) of the Siluro-Devonian Formation of the Frontenac Formation. The Bella fault, which is the major structural element of the Mégantic property, is in contact between the Compton and Frontenac Formations. Observations at Mount Saddle suggest several intrusive phases that would be favourable to the establishment of gold mineralization.

READ MORE: https://agoracom.com/ir/BeauceGoldFields/forums/discussion/topics/752868-beauce-gold-fields-stakes-30-placer-to-hard-rock-gold-properties-more-than-150-samples-sent-for-gold-analysis/messages/2297438

Beauce Gold Fields $BGF.ca Completes Rang St-Gustave Trench Work; More than 100 Samples Sent to Laboratory $KG.ca $OSK.ca $TIG.ca $GSR.ca $ATC.ca $WGO.ca $OR.ca $KGC.ca

Posted by AGORACOM-Eric at 4:14 PM on Wednesday, January 6th, 2021
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  • Mechanized excavations of the overburden exposed the bedrock before it plunges deeper into the historical placer gold channel.
  • Geological mapping and structural study to the east and west of Rang St-Gustave road will provide requisite data to optimize the drill program

Montreal, Quebec–(Newsfile Corp. – January 6, 2021) – Beauce Gold Fields (Champs D’Or en Beauce) (TSXV: BGF) (“BGF”), is pleased to announce that it has completed its trenching and rock outcrop exploration program in the Rang St-Gustave sector of the gold property located in St-Simon-Les-Mines in the Beauce region of southern Quebec.

Patrick Levasseur, President and CEO of Beauce Gold Fields said, “The Rang St-Gustave area was the site of the only major placer mining and dredging operation in eastern North America. In this same sector, the company discovered a major geological fault which could explain, in part, the gold bearing structures.” Mr. Levasseur added: “The data provided by the survey and sampling of the trenches will better guide our future rock drilling program to uncover the source of the gold placers.”

Figure 1. Location of the trenches made in the St-Gustave sector and trajectory of the Yuba dredge used during the exploitation of the gold placer.

Read More:

https://agoracom.com/ir/BeauceGoldFields/forums/discussion/topics/752486-beauce-gold-fields-completes-rang-st-gustave-trench-work-more-than-100-samples-sent-to-laboratory/messages/2296370#message