- 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.
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Tags: Alluvial, BeauceGold, Discovery, Epithermal, Fault, Freegold, gold, Goldrush, Hardrock, Nuggets, Paleochannel, Rush