BEAUCE GOLD FIELDS APPLIES FOR ATI AUTHORIZATION TO DRILL HISTORIC SAINT-SIMON-LES-MINES PLACER GOLD CHANNEL Beauce Gold Fields (Champs d’Or en Beauce) (TSX Venture: BGF) , referred to as “BGF” or the “Company,” is pleased to announce that it has submitted an Application for Authorization for
February 26, 2026, Montreal, Quebec, Canada Symbol: TSX.V: BGF
News release – for immediate distribution Shares Outstanding: 138,684,193
BEAUCE GOLD FIELDS APPLIES FOR ATI AUTHORIZATION TO DRILL HISTORIC
SAINT-SIMON-LES-MINES PLACER GOLD CHANNEL
Beauce Gold Fields (Champs d’Or en Beauce) (TSX Venture: BGF) , referred to as “BGF” or the
“Company,” is pleased to announce that it has submitted an Application for Authorization for
Impact Exploration Work (“ATI Authorization”) to Quebec’s Ministry of Natural Resources and
Forests (MRNF) for drilling and related exploration activities on its Saint-Simon-les-Mines placer
gold property.
The application follows a positive presentation and discussion with the municipal council of Saint-
Simon-les-Mines, during which the Company outlined the results of its updated Exploration
Target announced on September 3, 2025, and presented the scope of the proposed 2026
exploration work.
Patrick Levasseur, President and CEO of Beauce Gold Fields, commented: “Following the
significant expansion of our Exploration Target announced in September, the ATI application
represents the logical next operational step. Our objective is to systematically test the highest-
priority deltaic zones identified in the updated model and continue refining the geological
framework of the paleoplacer channel.” Mr. Levasseur further stated, “The strong reception from
the Saint-Simon-les-Mines municipal council reflects the historical importance of gold in the
Beauce region and the Company’s commitment to responsible and transparent exploration
practices.”
Image: 3D view of the placer gold channel, inset, cross-section at Rang Chaussegros
The planned program is designed as a follow-up to the expanded Exploration Target defined in
the September 3, 2025 technical report, which outlined a conceptual Exploration Target ranging
from:
3.86 million m³ @ 0.81 g Au/m³ to
3.86 million m³ @ 4.9 g Au/m³ (including nugget effect).
The Exploration Target mentioned is conceptual in nature. There has been insufficient exploration
to define a mineral resource, and there can be no assurance that further exploration will result in
the definition of such a resource.
The Exploration Target is based on a polygonal-based geological model that integrates historical
drilling data from Beauce Placer Co. (1958–1960), Coniagas Resources (1985), Ressources
Macamic (1987–88), and Beauce Gold Fields’ 2021 sonic drilling program. The model also
incorporates high-resolution LiDAR-derived paleo-valley reconstructions and stratigraphic
reinterpretation of auriferous units, including a saprolitic bedrock horizon and an overlying glacial
diamicton enriched in coarse gold. Over 344 original historical drill logs and cross sections were
georeferenced and used to refine exploration polygons and volume estimates.
The 2026 program, subject to ATI approval, is expected to include:
Sonic drilling of high-priority deltaic polygons identified in the updated polygonal model;
Additional delineation drilling to validate historical data integrated into the 2025
reinterpretation;
Geophysical seismic refraction surveys to better define the bedrock topography beneath
the overburden;
Continued geological and sedimentological characterization of auriferous horizons
within the paleochannel system.
The objective of this work is to further test and refine the conceptual Exploration Target and
improve geological understanding of the Saint-Simon-les-Mines paleoplacer channel.
Geological Context
The Saint-Simon-les-Mines paleoplacer channel represents the core of Canada’s first gold rush
district. Historical mining from the 1860s through the 1960s recovered significant coarse gold,
including multi-ounce nuggets.
BGF’s updated 3-D geological modelling integrates:
Recovered 1958–1960 Beauce Placer churn drill logs;
Historical 1980s drilling by Coniagas, Macamic and Geological Survey of Canada;
BGF’s 2021 sonic drilling;
High-resolution LiDAR paleo-valley reconstruction;
Stratigraphic reinterpretation of saprolitic bedrock and overlying diamicton units.
The upcoming drill program aims to validate and refine this integrated geological model of the
Saint-Simon-les-Mines paleoplacer channel. Results will be reported as they become available.
Jean Bernard, BSc, Geo, a qualified independent person as defined by National Instrument 43-
101, has reviewed and approved the technical content of this release.
About Beauce Gold Fields
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 historical placer gold workings back
to their bedrock source in order 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, which pre-dates the Yukon Klondike. The Beauce region hosted some of the largest
historical placer gold operations in Eastern North America from the 1860s to the 1960s and
produced some of the largest gold nuggets in Canadian mining history (50 oz+).
(Source: NI 43-101 Report – Beauce, July 4, 2018, B. Violette)
In parallel, Beauce Gold Fields continues drilling the recently discovered antiform 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 antiforms, 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.
For more information, please visit Beauce Gold Fields website www.beaucegold.com
Disclaimers:
This press release contains certain forward-looking statements, including, without limitation,
statements containing the words "may", "plan", "will", "estimate", "continue", "anticipate",
"intend", "expect", "in the process" and other similar expressions which constitute "forward-
looking information" within the meaning of applicable securities laws. Forward-looking
statements reflect the Company's current expectation and assumptions, and are subject to a
number of risks and uncertainties that could cause actual results to differ materially from those
anticipated. These forward-looking statements involve risks and uncertainties including, but not
limited to, our expectations regarding mineral exploration. Such statements reflect the current
views of the Company with respect to future events and are subject to certain risks and
uncertainties and other risks detailed from time-to-time in the Company's on-going filings with
the securities regulatory authorities, which filings can be found at www.sedarplus.com. Actual
results, events, and performance may differ materially. Readers are cautioned not to place undue
reliance on these forward-looking statements. The Company undertakes no obligation to publicly
update or revise any forward-looking statements either as a result of new information, future
events or otherwise, except as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
For further information contact
Patrick Levasseur, President and CEO Tel: (514) 262-9239
www.beaucegold.com