15:07:41 EST Mon 09 Feb 2026
Enter Symbol
or Name
USA
CA



Beauce Gold Fields Inc.
Symbol BGF
Shares Issued 138,684,193
Close 2026-02-06 C$ 0.05
Market Cap C$ 6,934,210
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ORIGINAL: Beauce Gold Fields Advances Saddle-Reef Discovery with March Drilling

2026-02-09 09:00 ET - News Release

(via TheNewswire)

Beauce Gold Fields


February 9, 202 6 – TheNewswire - Montreal, Quebec, Canada - B eauce Gold Fields (Champs d’Or en Beauce) (TSX Venture: BGF) , referred to as “BGF” or the “Company,” is pleased to announce that it plans to commence a follow-up diamond drilling program at the Grondin Zone in March 2026.

The planned program will consist of up to 1,500 metres of diamond drilling designed to test selected targets along strike and at depth within the gold-bearing Saddle-Reef antiform structure identified at the Grondin Zone.


Patrick Levasseur, President and CEO of Beauce Gold Fields, commented: “Our follow-up drilling at Grondin is a logical next step based on the strength of our geological model and the consistency of gold mineralization encountered to date. This program is designed to better define the Saddle Reef structure at depth and along strike and to advance our understanding of the system’s scale and continuity.”



Click Image To View Full Size
Image: 3-D geological model of the Grondin Zone’s antiform–Saddle Reef mineralized system


The drill targets have been refined using the Company’s recently completed 3-D geological model, which integrates data from the 2023 and 2025 drill campaigns. Previous drilling confirmed a continuous mineralized corridor at Grondin that remains open both laterally and at depth, supporting the rationale for step-out and deeper drilling.

The upcoming program will focus on:

  • Testing down-dip extensions of known mineralized zones  

  • Evaluating strike continuity beyond previously drilled sections  

  • Further assessing structural controls associated with the Saddle-Reef antiform geometry  

Grondin Zone – Exploration Background

The Grondin Zone has been the focus of systematic exploration by Beauce Gold Fields since 2023, including multiple diamond drill campaigns, geophysical surveys, geological mapping, and limited bulk sampling.

 

Drilling completed in 2023 and 2025 confirmed structurally controlled gold mineralization associated with a Saddle Reef antiform geometry, with mineralization traced over several hundred metres and remaining open both along strike and at depth.

 

The Grondin Zone forms part of the Company’s broader exploration strategy aimed at identifying the bedrock sources of the historic Beauce placer gold deposits. Drilling to date has confirmed gold-bearing mineralization along the Saddle Reef structure over a strike length of approximately 4 kilometres from the Grondin Zone. Subsequent induced polarization (IP) surveys and integrated geological interpretation have outlined an approximately 8-kilometre antiform Saddle Reef structural corridor, providing a large-scale framework for ongoing exploration.

 

Based on geological, structural, and geochemical observations, the Company interprets this antiform-hosted structure as one of the likely bedrock sources contributing to the historical placer gold deposits within the Saint-Simon-les-Mines paleoplacer channel. Results from the upcoming drill program 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 the 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 1860s to the 1960s It produced some of the largest gold nuggets in Canadian mining history (50oz+). (Source Sedar: 43-101 Report - Beauce July 4 th 2018, Author B. Violette)

 

Beauce Gold Fields is currently drilling recently discovered antiform systems that is 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.

 

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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