Beauce Gold Fields Dredges 2.16 g/m3 Placer Gold on Ditton Property
Beauce Gold Fields Dredges 2.16 g/m3 Placer
Gold on Ditton Property
Montreal, Quebec--(Newsfile Corp. - May 16, 2023) -
Beauce Gold Fields
(TSXV: BGF)
(Champs
D'Or en Beauce),
("BGF" or the "Company"): is pleased to announce that it has dredged 2.16 grams
per cubic meter (g/m
3
) of placer gold on its Ditton Gold project located near the town of Chartierville in
southern Quebec.
Patrick Levasseur, President and CEO of Beauce Gold Fields, said, "We are pleased to have found
sample grades that are better than the average grades for placer gold in North America. This is a
positive sign because we have discovered high-grade placers both at the surface and at a deeper levels
in the quarry pit, which suggests that the Ditton placer gold channel could be a substantial deposit." Mr.
Levasseur also stated, "This development has increased our goal to assess the possibility of an
economically viable placer gold deposit, as well as to look for signs that could lead to future discoveries
of bedrock lode gold."
Image: Samples SB-100, T-13-3, SB-101 and SB-102
To view an enhanced version of this graphic, please visit:
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.
Dredge Sampling Results
The industry reporting standard unit of quantity for placer gold is grams per cubic meter.
Trench
Dredged Vol. Liters
Grains Au g/m
3
Fine - Non-Visible Au g/m
3
Grade
SB-100
28
0.453
1.71
2.16 g/m
3
SB-101
30
0.596
0.0452
0.64 g/m
3
SB-102
25
0.056
0.63
0.69 g/m
3
T-13-3
32
0.61
-
0.61 g/m
3
Grades are indicative only. Due to grade variability of placer deposits, a larger volume of samples is
necessary to obtain a better representation of the gold content.
Samples collected using a Keene
Dredge model 2004 attached to a ¼ screen, which could affect measured flowed volume
.
North American Placer Mines
Projects
Location
Year
Avg. Grade g/m
3
Beauce Gold Fields - Beauce Gold Project
Quebec
2018
0.87
Multiple private large placer operations
Yukon
2020
0.30
NovaGold (TSX-NG), Nome Gold Project
Alaska
2011
0.30
Source: Exploration Target = 0.87 g/m
3
Sedar: 43-101 Report - Beauce July 4
th
2018, , Author B. Violette,
Yukon Placer Mining Industry Reports 2010-2014, 2018-2020:Yukon Geological Survey
NovaGold Resources: TECHNICAL REPORT NOME PLACER PROPERTY, 2006, Norwest Corporation
This gold was dredged out of unconsolidated glacial till deposits from a ground-level trench (SB-100)
located over the interpreted placer channel about 300m north of the operating Ditton (Blais) quarry-
samples T-13-3, SB-101 and SB-102 was dredged out of three trenches in the quarry floor.
The Ditton quarry is approximately 20 meters deep in unconsolidated glacial till deposits. It is located
north of Range X and about 300m southeast of the presumed Ditton placer channel.
Samples were
taken from water-filled trenches T-13-3, SB-101 and SB-102 in the quarry floor from cemented brown
tertiary gravel in contact with sheared volcanic rock.
The Company used a suction dredge and a sluice
apparatus to collect and concentrate the samples.
The samples were processed at the Coalia Laboratory in Thetford Mines, Quebec.
The process
employed by Coalia was to sieve the concentrates through <2 mm fraction mesh.
The sieved fractions
were further mechanically concentrated via a Superpanner.
Under a microscope, the gold grains were
extracted to be counted, weight, and characterized.
Over 20 grains of gold ranged in size from
approximately 100 um up to 3mm in length, coarse and delicate were extracted. The heavy mineral
concentrates were sent to MSALABS in Langley, BC, to assay for fine gold particles or non-visible gold.
The combined results of the lab assays and the weighted gold per sample were combined to obtain
indicative grades in grams per cubic meter.
Pending are the results from 10 sonic drill holes completed in the fall of 2022.
Results will be reported as
soon as the Company receives them.
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.
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.
Exploration Map of the Ditton Project
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.
About The Ditton Placer Channel
The placer channel is in the town of Chartierville, Quebec.
The channel is 4 km east of the historical
Mining Brook Placer gold mine and 6 km northwest of the US-New Hampshire border.
It is also located
115 km south of the Company's Beauce Gold project in St-Simon-Les-Mine.
A sampling program by the Company recovered gold from every sample taken throughout the Ditton
quarry (BGF press release January 20, 2022), bringing about the discovery of the Ditton placer gold
channel. Further insights to the existence of a channel were gained from the 1980s historical exploration
reports of the regional geology and geophysics.
It also revealed that the quarry was an excavated pit of
an exposed layer of a Tertiary placer channel.
Results from the company's 2022 seismic refraction
survey lines further support the existence of a paleochannel.
The channel trends southwest to northeast and is believed to open in both directions.
Potential for Lode Gold Discoveries
The recovered gold grains from showed delicate angular shapes suggesting little transportation. A
proximal bedrock source of the placer channel could be from the eroded Eastern flank of the valley wall.
The bedrock lithology holds a contact point between altered volcanic rock and schist rock. Historical
surveys indicated strong magnetic lineaments favorable to hosting gold-bearing quartz lenses.
The Bella Fault line is estimated to run along strike 1 km east of the placer channel where Cache
Exploration in 1985 put down 3 diamond drill holes (DDH) along Rang Dix road to test a strong shear
zone. The holes intersected andesites containing numerous quartz stringers mineralized with pyrite and
much tourmaline.
Of interest, in the drill log for DDH number S-2 states that visible gold was noted at 240
meters (GM42843).
Cache did not complete the recommended follow-up drilling to test this anomaly.
About Beauce Gold Fields
Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the
Beauce region of Southern Quebec.
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 4
th
2018, , Author B. Violette).
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
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