Beauce GOLD Fields Ditton Property Placers 90% GOLD and 10% Silver Produces 154.98 G/T of GOLD Concentrate
September 12, 2024, Montreal, Quebec, Canada Symbol: TSX.V: BGF
News release – for immediate distribution Shares Outstanding: 90,591,257
BEAUCE GOLD FIELDS DITTON PROPERTY PLACERS 90% GOLD AND 10% SILVER
PRODUCES 154.98 G/T OF GOLD CONCENTRATE
Beauce Gold Fields (Champs D’Or en Beauce) (TSX Venture: "BGF"), commonly referred to as
"BGF" or the "Company," is pleased to announce the results of placer gold studies related to its
Ditton Gold property, located in Chartierville, Quebec, near the US-New Hampshire border.
Patrick Levasseur, President and CEO of Beauce Gold Fields, states, "The placer gold studies
support our continued assessment of the possibility that we hold a substantial placer gold deposit
and encourage us to look for the source of the placers, which could lead to future bedrock lode
gold discoveries."
Study Highlights
High-grade heavy black concentrates containing placer gold grains and nuggets.
Gold grains recovered weighing a total of 1.07 grams including a 5mm gold nugget.
Placer gold grains contain an average of 90% gold (Au) and 10% silver (Ag).
Indications of significant amounts of gold encapsulated in pyrite
Results warrant further evaluation for potential placer gold production.
Indications the placer gold originated from two types of mineralized hard rock deposits.
Image: Polished section and SEM image of grain II-4 from sample SB-10
The study builds on the Company’s 2023 bulk sampling tests conducted at specific locations on
the Ditton property, including the SB-100, SB-101, and SB-102 sites within the Ditton quarry
(press release on August 29, 2023). The bulk sampling targeted quaternary and tertiary glacial
till to recover placer gold grains and heavy mineral concentrates for analysis and to evaluate in-
field gravity recovery methods.
Bulk Sampling Details:
SB-100: A 50-ton bulk sample was excavated from unconsolidated quaternary-type glacial till
from a ground-level trench located approximately 300 meters north of the operating Ditton
(Blais) quarry.
SB-101 and SB-102: These two 50-ton bulk samples, consisting of tertiary (oxidized and compact
gravel) material, were excavated from trenches in the Ditton quarry floor, with trenches reaching
depths of up to 6 meters.
The processing of these samples was conducted on-site by Explolab, of Val d'Or, Quebec. A
mobile placer plant equipped with a trommel and a 10-foot by 12-inch sluice box was used to
process lower, variable volumes of the 50 tons sample piles, reducing them to concentrates for
further analysis. These concentrates were subjected to gravimetric concentration, separating the
heavy minerals for laboratory analysis. Gold grains large enough for manipulation were weighed
and measured, and additional heavy black mineral concentrates were further concentrated using
a Wilfley Table.
The final heavy black mineral concentrates and the gold grains were combined to make samples
which averaged 394 grams each. They were sent to MSALABS in Val d'Or for Photonassay
analysis. This non-destructive technique allows for the detection of non-visible gold and for
coarse gold, ensuring that the sample remains intact for potential further testing and
confirmation.
SB-100: A weighted average of 154.98 grams of gold per ton of concentrate was obtained,
producing 35.28 kilograms of concentrate. Significant findings included a 5mm gold nugget, with
eight gold grains recovered weighing a total of 0.63 grams. Notably, significant quantities of
pyrite were also observed.
SB-101: A weighted average of 38.47 grams of gold per ton of concentrate was obtained,
resulting in 31.08 kilograms of concentrate. The sample contained a notable gold nugget
weighing 0.44 grams.
SB-102: This sample resulted in 10.70 kilograms of concentrate, with a weighted average of
59.22 grams of gold per ton of concentrate.
Association of placer gold and pyrite
A control test was conducted on a 77-kilogram sample, taken randomly from the 50-ton SB-100
bulk sample pile. After sieving at 10 mesh, two samples were obtained: one weighing 31
kilograms (greater than 10 mesh) and another weighing 46 kilograms (less than 10 mesh). The
latter was concentrated to produce 1,028 grams of mineral concentrate, which exhibited no
visible gold but showed traces of pyrite (FeS₂). Photon assay analysis yielded 17.67 grams of gold
per ton of concentrate, with an implied placer gold grade of 0.43 g/m³.
A previous 28-litre sample collected by suction dredge at the SB-100 site (BGF press release 2023-
05-16) resulted in 0.45 g/m³ in gold grains and 1.71 g/m³ of non-visible gold.
The results, showing that gold was derived from both coarse visible gold and non-visible forms,
suggest that part of the gold may be encapsulated within the pyrite matrix. Future tests and
sample programs will have to take pyrite recuperation into consideration. Understanding the
association of gold with pyrite can lead to more effective extraction methods.
Placer gold grain geochemistry:
The Company commissioned GEOX Inc. to characterize the chemistry of 31 gold grains and 2
grains of pyrite that were previously recovered from six sample locations of the quarry located
on the Ditton property (see BGF press release 2023-01-19 and 2023-08-29). The gold grains were
mounted on a polished thin section by VanPétro / Vancouver Petrographics Ltd. and analyzed
using a scanning electron microscope (SEM) and Energy Dispersive X-ray (EDS) at IOS Services
Géoscientifiques Inc. The analyses revealed that the gold grains averaged 89.92% gold (Au) and
9.95% silver (Ag), with a fineness ranging between 850 and to greater than 950.
Image 2: Thin mounted polished gold grain samples
The study identified three distinct groups of gold grain samples based on their fineness and
chemical composition:
1. Silver-poor gold grains with fineness greater than 950 (samples SB-05 and 13-3-1).
2. Gold grains with homogeneous fineness ranging from 850 to 860 (samples SB-100 and SB-102).
3. Gold grains with variable fineness, ranging from Ag-poor gold grains to electrum, which may
contain copper and tellurium (samples SB-101 and SB-10, and an electrum grain in sample SB-
102).
The gold grains in samples SB-05, 13-3-1, SB-100, and SB-102 may originate from orogenic gold-
type mineralized zones, possibly including pyrite with trace arsenic content. In contrast, the gold
and electrum grains in samples SB-101 and SB-10 may derive from mineralizations richer in silver,
copper, and tellurium, potentially indicating a magmatic-hydrothermal origin.
The placer gold studies, along with the Company’s 2022 overburden sonic drilling results, support
continued exploration to assess whether the property holds a substantial placer gold deposit.
These findings also encourage the Company to search for the source of the placers, which could
potentially lead to future bedrock lode gold discoveries.
Jean Bernard, B,Sc. Geo., is a qualified person, as defined by NI 43-101, who has reviewed and
approved the technical information presented in this release. QA/QC procedures for the
reported bulk sampling concentrates include Certified Reference Materials from MSALABS Test
Certificate YVO231084. ICP 130 analytical method used on the three 394 gram concentrate
samples. The chain-of-custody for the placer gold grain geochemistry provided by GEOX Inc. of
Val d’Or, Quebec. A qualified person has not completed sufficient work to classify any mineral
resources as defined by National Instrument (NI) 43-101; it is uncertain if future exploration will
result in the delineation of mineral resources.
About the Ditton placer channel
The Ditton property was discovered through a sampling program conducted by the company,
which recovered gold from every sample taken across an active sand and gravel quarry (BGF news
release on January 20, 2022). This led to the identification of the Ditton placer gold channel. The
company's 2022 seismic refraction survey, along with a follow-up overburden sonic drilling
campaign, further confirmed the existence of a gold-bearing paleochannel. The channel may
extend in a northeast-southwest direction for several kilometers, and the corresponding volumes
of the channel could be significant.
Placer gold grain analysis indicates a bedrock origin that may drive from an orogenic gold-type
mineralization or potentially a magmatic-hydrothermal origin which could lead to future lode
gold discoveries.
The placer channel is located near the town of Chartierville, Que. The channel is four kilometres
east of the historical mining Brook placer gold mine and six kilometres northwest of the United
States-New Hampshire border. It is also located 115 kilometres south of the company's Beauce
gold project in St-Simon-Les-Mine.
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 the trace old placer gold workings back to a
bedrock source to uncover economic lode gold deposits. The Company’s flagship property is the
St-Simon-les-Mines Gold project, site of Canada’s first gold rush that pre-dates 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 (50oz to 71oz). (Source Sedar: 43-101 Report - Beauce July
4th 2018, , Author B. Violette)
Beauce Gold Fields is currently exploring recently discovered antiform systems that could have
contributed to the development of the extensive auriferous placers 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.
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.sedar.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