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Beauce Gold Fields Acquires the France Phosphate Property Expanding its Lac-Saint-Jean Anorthosite Land Package
May 6, 2025 – TheNewswire - Montreal, Quebec, Canada - Beauce Gold Fields (Champs d’Or en Beauce) (TSX Venture: BGF) (“BGF” or the “Company”) is pleased to
About this update from Beauce Gold Fields, Inc.
[{"type":"text","content":"May 6, 2025 – TheNewswire - Montreal, Quebec, Canada - Beauce Gold Fields (Champs d’Or en Beauce) (TSX Venture: BGF) (“BGF” or the “Company”) is pleased to announce that it has entered into an agreement to acquire a 100% interest in the France Phosphate Property (“France Property”), located in the Lac-Saint-Jean region of Québec. The France Property is immediately adjacent to the eastern boundary of the Company’s CH-98 Phosphate Property. Together, the two properties form a continuous block of 102 claims, totaling 5,665 hectares, significantly strengthening BGF’s land position within the Lac-Saint-Jean anorthosite complex, one of North America’s premier phosphate districts. Patrick Levasseur, President and CEO of Beauce Gold Fields, commented:“The acquisition of the France Property represents a strategic expansion of our Québec Phosphate initiative. By consolidating a continuous land position adjacent to CH-98, we are building scale in one of Canada’s most important phosphate districts. The presence of widespread apatite mineralization at surface, combined with encouraging grades and favorable geology, strengthens our confidence in the district’s potential. Our focus is to advance near-surface targets that could contribute to secure North American phosphate supply chains.” Highlights of the France Property The France Property comprises 10 map-designated exploration claims (DEE) and hosts phosphate mineralization identified through historical work and recent prospecting programs. Key technical highlights include: Phosphate Grades: Historical and recent sampling has returned values ranging from approximately 2.1% to 9.1% P₂O₅ Recent Sampling Results: Prospecting work returned values up to 7.13% P₂O₅, with several samples in the 4%–6% P₂O₅ range High Apatite Content: Outcrops commonly contain 5% to 10% apatite, with localized zones and quarry material grading 15% to 20% apatite Favorable Host Lithologies: Mineralization hosted in ferro-norite, anorthosite, and ultramafic units typical of phosphate-bearing systems in the region Magnetic Targets: North-south trending magnetic anomalies interpreted to reflect oxide-rich and apatite-bearing units Notably, apatite-bearing material was observed directly in road construction aggregate sourced locally, indicating widespread near-surface phosphate mineralizatio...