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Beauce Gold Fields Inc
Symbol BGF
Shares Issued 109,551,971
Close 2025-11-17 C$ 0.045
Market Cap C$ 4,929,839
Recent Sedar Documents

Beauce finds apatite-rich anorthosite at Ch-98

2025-11-17 19:29 ET - News Release

Mr. Patrick Levasseur reports

BEAUCE GOLD FIELDS SAMPLES APATITE-RICH TARGETS ON ITS CH-98 PHOSPHATE PROPERTY

Beauce Gold Fields Inc. has released results from a recent field visit and data compilation on its CH-98 phosphate property in the Lac Saint-Jean region of Quebec. The property comprises 34 map-designated exploration claims and is situated near Arianne Phosphate's flagship Lac a Paul project area. The work program focused on verifying the location of the historical CH-98-61 phosphate showing, collecting samples and field observations, and outlining the next phase of exploration.

Technical highlights:

  • Historic high-grade rock sample at CH-98-61: A Quebec MERN (1998) analysis reported 8.59 per cent P2O5 from apatite-bearing anorthosite at the outcrop showing. A nearby stream sediment sample returned 1.5 per cent elemental phosphorus (15,000 parts per million phosphorus), supporting local phosphate enrichment.
  • Apatite-rich anorthosite at surface: Outcrops along the Lac Froid forest road expose granoblastic anorthosite with approximately 10 to 25 per cent coarse greenish-yellow apatite, locally cut by a fine-grained dark unit. A float block of similar apatite-rich anorthosite was found approximately 150 m away, suggesting additional targets beyond the immediate exposure.
  • Conventional iron-titanium-phosphorus host rocks to the east: Mapping in the eastern sector identified gabbro-norite with 5 to 10 per cent apatite, consistent with more typical Fe-Ti-P horizons recognized in the Lac Saint-Jean anorthositic suite.
  • Massive Fe-Ti oxide potential to the north: A compiled historical rock analysis north of the property reports 64.42 per cent Fe2O3, 21.4 per cent TiO2 and 0.25 per cent vanadium, indicative of massive iron-titanium oxide mineralization in the broader area.

Patrick Levasseur, president and chief executive officer of Beauce Gold Fields, commented: "With apatite-rich anorthosite exposed at surface and conventional Fe-Ti-P anomalies in the district, CH-98 fits squarely within our Quebec phosphate strategy. Our goal is to advance near-surface targets in an established mining camp and position Beauce Gold Fields to contribute to secure North American phosphate supply chains -- creating value for shareholders while advancing a mineral that Canada and Quebec now recognize as critical for fertilizers and LFP battery cathodes."

Geological context and interpretation

CH-98 is hosted within the Lac Saint-Jean anorthositic suite, where apatite-bearing anorthosite and mafic cumulates (including gabbro-norite) are common phosphate hosts. At CH-98, the concentration of apatite within deformed (granoblastic) anorthosite, proximal to a northeast-southwest-oriented fault corridor, supports a structural model for phosphate that complements the region's conventional Fe-Ti-P targets.

Sampling and next steps

Grab samples, including an approximately 20-kilogram bulk sample of apatite-rich granoblastic anorthosite, were collected. The sample will be sent to COREM (Quebec City) to perform apatite separation tests to determine recovery rates and analyze for concentrations of P2O5 per cent.

The company plans to advance a multipronged exploration program that will:

  1. Conduct mechanical stripping and washing of outcrops to define the lateral extent of apatite-rich zones;
  2. Acquire high-resolution ground or unmanned aerial vehicle magnetics to trace iron-oxide-rich units and delineate structures (including faults) that may control phosphate enrichment;
  3. Undertake detailed prospecting, mapping and channel sampling directed by geophysics; and
  4. Perform follow-up prospecting in the northern sector for massive oxide targets.

The technical information contained in this news release has been reviewed and approved by Christian Tremblay, BSc, PGeo, a qualified person as defined by National Instrument 43-101.

Advancing Quebec phosphate

CH-98 strengthens Beauce Gold Fields' broader Quebec phosphate initiative, adding a target with both structural apatite concentration and conventional Fe-Ti-P potential in a district anchored by established phosphate-titanium systems.

Phosphate is essential for fertilizers and is a key component of LFP (lithium iron phosphate) battery cathodes.

The company's strategy is to advance near-surface targets with potential to contribute to North America's critical mineral supply chain. Phosphate was recently added on Canada's and Quebec's critical mineral lists.

About Beauce Gold Fields Inc.

Beauce Gold Fields is focused on exploring and developing the largest placer gold district in eastern North America. The company's objective is to 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 predates 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 (greater than 50 ounces) (source: SEDAR+ NI 43-101 report -- Beauce July 4, 2018, author, B. Violette).

Beauce Gold Fields is currently drilling recently discovered anti-form systems that are 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 anti-forms, were 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.

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