Business

Beauce Gold Fields Discovers an Unexplored Placer Gold Channel in Southern Quebec

Montreal, Quebec--(Newsfile Corp. - April 21, 2022) - Beauce Gold Fields  (TSXV: BGF)&#...

articleBeauce Gold Fields, Inc.April 21, 20224/company/beauce-gold-fields-inc/news/beauce-gold-fields-discovers-an-unexplored-placer-gold-channel-in-southern-quebec
Beauce Gold Fields Discovers an Unexplored Placer Gold Channel in Southern Quebec

About this update from Beauce Gold Fields, Inc.

[{"type":"text","content":"Beauce Gold Fields Discovers an Unexplored Placer Gold Channel in Southern QuebecMontreal, Quebec--(Newsfile Corp. - April 21, 2022) - Beauce Gold Fields (TSXV: BGF) (Champs D'Or en Beauce), (\"BGF\" or the \"Company\"): is pleased to announce the discovery of an unexplored placer channel in the Ditton county of Southern Quebec. The Channel holds a Tertiary placer deposit as well as the potential for a parent lode gold deposit.Patrick Levasseur, President and CEO of Beauce Gold Fields said, \"We made a new discovery in Canada's oldest placer gold district. This is a result of our exploration work that found gold in the Ditton sand quarry and by our in-depth study of overlooked historical data.\" Mr Levasseur further stated. \"This important discovery merits a thorough investigation of the placer channel and of the surrounding bedrock starting this spring.\" Image 1: Cross section Rang Dix looking NorthTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/6198/121171_20e356f2f4f2fbd6_001full.jpgThe Placer ChannelThe epicenter of the discovery is a cross section of the placer channel along Rang Dix road near the town of La Patrie in Ditton Township, Quebec. The channel is located 4 km east of the historical Mining Brook placer gold mine and 5 km west of the US New Hampshire border. It is also located 105 km south to the Company's Beauce Gold project in St-Simon-Les-Mine. The insight that lead to the discovery was brought by a compiled analysis of the Company's exploration of the Ditton quarry (BGF press release January 20, 2022), prospector Pierre Paquette's gold sample data (BGF press release February 23, 2022) and from the study of 1980's historical exploration reports (GM42843). Prospector Pierre Paquette first discovered gold in an operating sand quarry in Ditton Township. BGF follows this lead with a sampling program that recovered gold from every sample taken throughout the quarry. A study of the regional geology revealed that the quarry was an excavated pit of an Eastern lip of an exposed layer of a Tertiary placer channel. In 1985, Cache Explorations undertook 36 km of geophysics throughout the Ditton & Chesham counties to study the placer gold occurrence surrounding the Mining Brook 19th century placer mines. The purpose of the seismic program was to define depths to...

More updates from Beauce Gold Fields, Inc.