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Beauce Gold Fields Presents Results of a Geoelectric Survey Under the Former Gold Mines of Saint-Simon-les-Mines
MONTREAL, Aug. 06, 2019 (GLOBE NEWSWIRE) -- Beauce Gold Fields (Champs D’Or en Beauce) (BGF) (TSX Venture: ¨BGF¨) is pleased to announce the results of a geoele
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[{"type":"text","content":" MONTREAL, Aug. 06, 2019 (GLOBE NEWSWIRE) -- Beauce Gold Fields (Champs D’Or en Beauce) (BGF) (TSX Venture: ¨BGF¨) is pleased to announce the results of a geoelectric tomography survey conducted in the western section of the Beauce Gold property in the town of St-Simon-Les-Mine located in the Beauce region in southern Quebec. The 2D inversion models of electrical resistivity and induced polarization (IP) indicate the presence of a structural discontinuity interpreted as the southwesterly extension of the major fault detected by the 2017 and 2018 geophysical surveys. This structure, which is locally associated with Induced Polarization (IP) anomalies, has been located beneath former (placer) gold production shafts and near the discovery sites of the largest gold nuggets in the Gilbert River valley. Induced polarization anomalies suggest the presence of disseminated sulphides in volcaniclastic rocks. These sulphides may be associated with the presence of gold mineralization in the bedrock. Patrick Levasseur, President and CEO of Beauce Gold Fields, said, \"The results of the geoelectrical tomography survey is another solid piece of evidence that narrows our exploration efforts to find the bedrock source of the gold-bearing placers of Saint-Simon-les-Mines.\" Mr. Levasseur added: \"Our rock outcrop sampling program is currently underway and is proceeding excedingly well. We should be able to provide an updated shortly.“ The location of the two lines of the geoelectric tomography survey is shown on the Figure 2 map. The lines are located in a wooded area and crosses the Gilbert River before (line 2) and after the confluence with Giroux Creek (line 1) (Figure 2). The lines were established based on the gold potential of the area as evidenced by the large number of gold bearing shafts and the discovery sites of the largest historical gold nuggets in Canada. The geoelectric tomography survey demonstrates the presence of distinct lithological blocks located on both sides of the Gilbert River. North of the river, the rocks are systematically more resistive. This observation implies the presence of contact between units of sedimentary rocks in the south (St-Victor Formation), which shows relatively few induced plolarization anomalies, and volcaniclastic dominant units (Beauceville Formation) in the north of the Gilbert River. The la...