Business

Beauce Gold Fields Completes Diamond Drilling Along the Axis of an Antiform Structure

Montreal, Quebec--(Newsfile Corp. - August 22, 2023) - Beauce Gold Fields  (TSXV: BGF)&#xA...

articleBeauce Gold Fields, Inc.August 22, 20234/company/beauce-gold-fields-inc/news/beauce-gold-fields-completes-diamond-drilling-along-the-axis-of-an-antiform-structure
Beauce Gold Fields Completes Diamond Drilling Along the Axis of an Antiform Structure

About this update from Beauce Gold Fields, Inc.

[{"type":"text","content":"Beauce Gold Fields Completes Diamond Drilling Along the Axis of an Antiform StructureMontreal, Quebec--(Newsfile Corp. - August 22, 2023) - Beauce Gold Fields (TSXV: BGF) (Champs D'Or en Beauce), referred to as \"BGF\" or the \"Company,\" is pleased to announce the successful completion of a diamond drilling campaign consisting of 9 drill holes, totaling 500 meters, along the axis of an antiform outcrop at the Grondin showing on the Beauce Gold property. This property is situated in St-Simon les Mine and Beauceville, Quebec.Patrick Levasseur, President and CEO of Beauce Gold Fields, stated, \"The drilling campaign along the Axis of an Antiform outcrop at the Grondin showing is designed to test for the presence of a Saddle Reef Formation, which is a leading geological model for potential lode gold discoveries and could potentially be the source of the historical placer gold deposit.\"Image 1: Diamond drill rig on the Beauce Gold propertyTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/6198/178051_bff0484c641a99e0_001full.jpgThe drilling effort was carried out at two locations, spaced 300 meters apart, along exposed sections of the Grondin outcrop. Each location involved the drilling of a series of HQ diameter holes at increasing intervals into the northeast-dipping flank of the mineralized structure. Two holes were drilled in the same section with an additional hole in the opposite direction to verify the real thickness of the mineralization zones and to confirm the dipping of the host rock. Splitting and logging of diamond drill hole cores will be completed at the Company's Saint-Simon-les-Mines core shack. Selected core samples will be sent to be analyzed for gold content at MSA Lab in Val D'Or, Quebec.About the Grondin outcropThe Grondin outcrop reveals a substantial mineralized quartz vein stockwork of the Crack and Seal type, visible along the Axis of the Antiform. This axis outcrop extends 500 meters northeast along strike on the northwest portion of the Beauce Gold property. Notably, it lies approximately 3 kilometers upstream from the 19th-century placer gold mines at Giroux Creek and Gilbert River confluence, paralleling the historical placer gold deposit of St-Simon-les-Mine. Among the samples collected, two showed particularly high gold grades: sample 81755 at 2....

More updates from Beauce Gold Fields, Inc.