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Beauce Gold Fields $BGF.ca Buys Missing Drill Logs Adding 344 Never Reported Drill Holes $KG.ca $OSK.ca $TIG.ca $GSR.ca $ATC.ca $WGO.ca $OR.ca $KGC.ca

Posted by AGORACOM at 9:28 AM on Thursday, January 21st, 2021
  • Acquired never before published exploration data from 1957 to 1965
  • This effectively triples the overburden drilling data that will give Beauce unprecedented overview of the placer channel

Beauce Gold Fields (TSXV: BGF) (Champs D’Or en Beauce), (“BGF”), is pleased to announce that it has acquired, from a Private Collector, a trove of never before published exploration data by the Beauce Placer Mining company that operated from 1957 to 1965 on the company’s Beauce Gold property located in Saint-Simon-les-Mines, Quebec.

Patrick Levasseur, President and CEO of Beauce Gold Fields said, “This effectively triples the overburden drilling data that will give us an unprecedented overview of the placer channel.” Mr. Levasseur added: “The data will have a profound impact in orientating our future rock drilling program to uncover the source of the gold placers.”

Figure 1: Drill Hole Map 1958, St-Gustave Road and Drill Operator

Active from 1957 to 1965, the Beauce Placer Company was the largest placer gold mining operation in eastern North America. Yet, there was very little documentation available of the work completed during that period. Historical reports found on the Government of Quebec’s geology and mining data registry are but brief summaries and observations. Missing were drill hole logs and subsequent results, geophysics data, field surveys, compilation maps and for that matter, all aspects pertaining to the dredge mining operation itself. These have now been found.

According to the Collector, the documents originated from a field office the Beauce Placer Mining Company occupied in Beauceville, Quebec. The office was abandoned in the 1970s leaving behind filing cabinets full of documents. The documents were given to the Collector, a businessman from St-Simon-les-Mine. Being an avid antiques collector, he recognized the importance of preserving historical documentation pertaining to his town’s heritage.

Document Highlights

– Total 344 drill logs from 7-inch wide overburden drill holes down to bedrock:

  • Gilbert River (St-Simon-les-Mine) – 252 holes
  • Famine River – 40 holes
  • Chaudière River – 36 holes
  • Riviere Du Loup – 12 holes
  • Ruisseau Des Meule – 4 holes

– Geophysics
– Claims and property agreements
– Land surveys
– Documentation regarding the operation of the dragline and the Yuba dredge
– Daily back office operation
– Gold receipts from the mint

Read More: https://agoracom.com/ir/BeauceGoldFields/forums/discussion/topics/753564-beauce-gold-fields-buys-missing-drill-logs-adding-344-never-reported-drill-holes/messages/2299225#message

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