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BEAUCE GOLD FIELDS REPORTS PHOSPHATE ASSAYS OF 8.07% P₂O₅, METALLURGICAL TESTS PRODUCE 38.9% CONCENTRATE WITH 93.4% RECOVERY Beauce Gold Fields (Champs d’Or en Beauce) (TSX Venture: BGF) , referred to as “BGF” or the “Company,” is pleased to report analytical results from apatite rock samples collec

Drill Results Exploration Programs Metallurgy & Processing

March 12, 2025, Montreal, Quebec, Canada Symbol: TSX.V: BGF

News release – for immediate distribution Shares Outstanding: 138,684,193

BEAUCE GOLD FIELDS REPORTS PHOSPHATE ASSAYS OF 8.07% P₂O₅,

METALLURGICAL TESTS PRODUCE 38.9% CONCENTRATE WITH 93.4% RECOVERY

Beauce Gold Fields (Champs d’Or en Beauce) (TSX Venture: BGF) , referred to as “BGF” or the

“Company,” is pleased to report analytical results from apatite rock samples collected on its CH-

98 Phosphate Property in the Lac-Saint-Jean region of Québec, along with metallurgical test

results conducted by COREM on apatite-bearing material collected from the property. The

results follow the Company’s November 17, 2025 press release, which reported the presence of

apatite-rich anorthosite and confirmed the historic CH-98-61 phosphate showing .

Patrick Levasseur, President and CEO of Beauce Gold Fields, commented: “The assays confirm

significant phosphate values at the CH-98-61 showing, while COREM test work demonstrates that

apatite from the property can be upgraded to a high-grade phosphate concentrate using

conventional flotation methods. These results support the CH-98 property as a promising

component of our Québec Phosphate strategy. Our goal is to advance near-surface targets and

position Beauce Gold Fields to contribute a secure North American phosphate supply chain.”

Image: Apatite-bearing anorthosite rock sample CH-98-61

Apatite Rock Assay Results

During the 2025 field visit to the CH-98 property, apatite rock samples collected from five

locations including samples taken directly from the CH-98-61 outcrop showing, were submitted

for analysis to ALS Canada Ltd. in Val-d’Or, Québec, for whole-rock geochemical analysis using

XRF methods.

Results include:

Sample Field ID P₂O₅ (%)

D589656 2025-0112 1.95

D589657 2025-0113 3.01

D589659 2025-0115 4.31

D589660 CH-98-C 0.28

D589661 CH-98-61 8.07

The 8.07% P₂O₅ result from sample CH-98-61 confirms the high-grade phosphate values

previously reported from historical government sampling, which recorded 8.59% P₂O₅ from the

same outcrop showing . The sampled rocks consist primarily of apatite-bearing anorthosite, a

known host lithology for phosphate deposits within the Lac-Saint-Jean anorthositic suite.

COREM Metallurgical Test Results

A 20 kg rock sample of apatite-bearing material from the CH-98-61 outcrop was submitted to

COREM (Québec City) to evaluate the potential to produce an apatite concentrate by flotation.

COREM flotation tests demonstrated that the material responded well to conventional mineral

processing methods.

Key results include:

 Production of high-grade apatite concentrates exceeding 35% P₂O₅

 Best flotation test produced 38.9% P₂O₅ concentrate

 93.4% P₂O₅ recovery

 Low impurity levels with MER (minor element ratio) of 0.05

These results indicate that apatite contained in the CH-98 material can be effectively upgraded

using conventional flotation techniques.

Additional characterization of the concentrate showed:

 0.19% total rare earth oxides (TREO)

 Low thorium (<5 ppm) and uranium (1.3 ppm)

The metallurgical testing was conducted on material containing approximately 5.6% P₂O₅ in the

feed sample prior to concentration.

The apatite concentrate grades obtained in the COREM flotation tests are comparable to

concentrate grades reported by advanced phosphate projects in the Lac-Saint-Jean anorthosite

district, where concentrates commonly range from approximately 35% to 40% P₂O ₅ following

flotation beneficiation. The test work completed on material from the CH-98 property produced

concentrates grading up to 38.9% P₂O₅ with 93.4% recovery, demonstrating that apatite

mineralization from the property can be upgraded using conventional flotation techniques

consistent with those used by other phosphate developments in the region.

Next Steps

The Company plans to advance exploration on the CH-98 property through:

 Detailed mapping and prospecting

 Channel sampling of apatite-bearing outcrops

 Geophysical surveys to trace favourable lithologies and structures

 Evaluation of additional metallurgical samples

These activities aim to determine the lateral continuity and scale of apatite mineralization on

the property.

Quality Assurance / Quality Control

Rock samples collected during the 2025 field program were delivered to ALS Canada Ltd. in Val-

d’Or, Québec, an ISO-certified analytical laboratory. Samples were crushed, split, and pulverized

prior to analysis. Whole-rock geochemistry, including P₂O₅ , was determined by X-ray

fluorescence (XRF) analysis following lithium borate fusion preparation.

The analytical program included internal laboratory quality control procedures including

standards, blanks, and duplicates. ALS Canada operates under internationally recognized quality

assurance protocols to ensure analytical accuracy and precision. The Company’s qualified person

has reviewed the laboratory analytical procedures and considers them appropriate for the style

of mineralization being tested.

Metallurgical test work on material from the CH-98 property (Passes-Dangereuses area) was

conducted by COREM, Québec City, an independent mineral processing research center.

Approximately 13.8 kg of representative rock material was prepared by crushing and

homogenization before being split into test charges for flotation experiments.

The sample was characterized by XRF analysis prior to testing and contained approximately 5.6%

P₂O₅ in the head sample. Flotation tests were carried out in laboratory Denver flotation cells using

a reagent scheme including fatty acid collectors and depressants to separate apatite from silicate

and iron-bearing minerals.

Multiple flotation tests were conducted at varying grind sizes to evaluate concentrate grade and

recovery. The results reported represent the outcomes of controlled laboratory test conditions

designed to evaluate the potential to produce an apatite concentrate and do not represent

process optimization or economic feasibility studies. The Company’s Qualified Person has

reviewed the COREM metallurgical procedures and considers the test work appropriate for

preliminary evaluation of phosphate mineralization from the CH-98 property. Source COREM

T3913 Final Report

The technical information contained in this news release has been reviewed and approved by

Christian Tremblay, M.Sc., P.Geo ., an independent Qualified Person as defined by National

Instrument 43-101.

Advancing Québec Phosphate

The CH-98 property forms part of Beauce Gold Fields’ broader Québec Phosphate initiative,

which targets phosphate occurrences within the Lac-Saint-Jean anorthosite complex, one of

North America’s most important phosphate-titanium districts.

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 minerals supply chain. Phosphate was recently added to

Canada’s and Québec’s critical minerals lists

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 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 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 the 1860s to the 1960s. These operations produced some

of the largest gold nuggets in Canadian mining history (50oz+). (Source Sedar: 43-101 Report -

Beauce July 4th 2018, Author B. Violette)

Beauce Gold Fields is currently drilling 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 axes of antiform structures , 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 gold 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.sedarplus.ca. 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