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Beauce Gold Fields Stakes 30 Placer to Hard Rock Gold Properties; More than 150 Samples Sent for Gold Analysis
Montreal, Quebec--(Newsfile Corp. - January 12, 2021) - Beauce Gold Fields (Champs D'Or en B...
About this update from Beauce Gold Fields, Inc.
[{"type":"text","content":"Beauce Gold Fields Stakes 30 Placer to Hard Rock Gold Properties; More than 150 Samples Sent for Gold AnalysisMontreal, Quebec--(Newsfile Corp. - January 12, 2021) - Beauce Gold Fields (Champs D'Or en Beauce) (TSXV: BGF), (\"BGF\"), is pleased to announce that it has acquired through map staking, a portfolio of prospective placer to hard rock gold anomalies throughout southern Quebec. The Beauce, the Megantic and Quebec's Eastern Townships are considered to be the most suitable regions for the discovery of gold deposits near or under former gold placers.Patrick Levasseur, President and CEO of Beauce Gold Fields said, \"Just as major gold companies have found new value in storied placer gold districts of BC's Cariboo and the Kondike in Yukon, we see untapped potential in Quebec's placer gold properties.\" Mr. Levasseur added: \"For example, the Megantic property holds a similar geological model to the company's flagship Saint-Simon-les-Mines Beauce Gold property whereby a major geological fault line follows along strike historical placer gold deposits.\"Megantic Property HighlightsMegantic Property MapTo view an enhanced version of this map, please visit:https://orders.newsfilecorp.com/files/6198/71866_3b1f4d4574d1a808_001full.jpgThe Mégantic property is limited to the southwest by the American border of New Hampshire and to the northeast by Lac Mégantic. The property extends for at least 30 km along the axis of the Bella Fault. It is divided into four areas: the Ditton, the Mining Brook, the Chesham and Bergeron rivers.The Mégantic property is located at the foot of the granite intrusion of Mont Mégantic. It partly occupies the Compton Formation composed of graphitic and pelitic metasedimentary rocks of Siluro-Devonian age. These sedimentary rocks are in discordant contact in the center of the terrain with the volcanic facies (basalts, andesites and dacites) of the Siluro-Devonian Formation of the Frontenac Formation. The Bella fault, which is the major structural element of the Mégantic property, is in contact between the Compton and Frontenac Formations. Observations at Mount Saddle suggest several intrusive phases that would be favourable to the establishment of gold mineralization.Types of gold mineralizations in rocks:1) In quartzo-feldspathic porphyry dykes intersecting the sediments of the Compton...