Beauce Gold Fields

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Beauce Gold Fields Inc is a gold exploration company. Its flagship property is the Beauce Gold project is located in the municipality of Saint-Simon-les-Mines.

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Beauce Gold Fields

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Beauce Gold Fields Inc is a gold exploration company. Its flagship property is the Beauce Gold project is located in ......

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12 hours ago

8020 Admin posted a press release Beauce Gold Fields Inc. Opens the Market in BEAUCE GOLD FIELDS

TORONTO, Feb. 4, 2020 /CNW/ - Patrick Levasseur, President & CEO, Beauce Gold Fields Inc. (TSXV: BGF), joined Sylvain Martel, Director, Capital Formation, Ontario & Québec, TSX Venture Exchange, to open the market. Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec. The Company's flagship property is the St-Simon-les-Mines Gold project, a historically significant gold property located in the municipality of Saint-Simon-les-Mines. Beauce Gold Fields Inc. commenced trading on TSX Venture Exchange on February 2, 2019.



Beauce Gold Fields Inc. Opens the Market (CNW Group/TMX Group Limited)



SOURCE TMX Group Limited


View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2020/05/c3757.html

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8020 Admin

3 days ago

8020 Admin posted a press release Beauce Gold Fields: Visible Gold Extracted From Volcanic Rock Samples Associated With the Major Geological Fault in BEAUCE GOLD FIELDS

MONTREAL, Feb. 03, 2020 (GLOBE NEWSWIRE) -- Beauce Gold Fields (Champs D’Or en Beauce) (BGF) (TSX Venture: ¨BGF¨) is pleased to announce that a 2 kg sub-sample from a 146.6 kg bulk sample taken from Poulin trench 10008 contained 0.55 mg (0.275 g/t) of visible gold particles. The particles were extracted from volcaniclastic rocks that were heavily injected with rusty quartz veins. In addition, the excavation of trench 10008 exposed the main geological fault line that runs along the historical placer gold channel on the Company’s St-Simon-Les-Mines property.


https://www.globenewswire.com/NewsRoom/AttachmentNg/57de4785-cd7e-4720-9d4b-2280cea1e2b8
Image 1: Binocular microscope image of the gold particle number 1 from Poulin trench - 10008 (photo INRS)


Patrick Levasseur, president and CEO of Beauce Gold Fields said, "This is the first evidence associating bedrock gold with the main geological fault line." Mr Levasseur further stated: "This gives weight to the theory that the fault zone could be the host of an ancient hydrothermal gold system responsible for the concentration of gold in the rock. The presence of this gold system could explain, among other things, the gold placers found in the basal till and the underlying saprolite along the historic Saint-Simon-les-Mines placer gold channel."


Poulin Trenches: Under the supervision of Dr. Marc Richer-LaFlèche, Ph.D. Géo from INRS, 14 trenches were dug and the exposed bedrock was cleaned with jets of water to remove the overburden. Nine of the trenches were channel sampled. Four of the trenches, 10008, 10009, 10015 and 10016 showed the presence of  volcaniclastic bedrock extremely altered by the injection of rusty quartz veins and were therefore channelled and bulk sampled. These trenches were subject to high resolution photogrammetric imagery and detailed geological and structural mapping. The veined area is 2.5 to 3m thick and has been observed in trenches 10008, 10009 and 10016. Trenches 10008 and 10009 have shown the presence of faulted contact between volcaniclastic rocks (north) and sedimentary rocks (south). The structural discontinuity corresponds to a brittle (fragile) type fault associated with a non-cohesive cataclasite (gouged zone) rich in small fragments of quartz. This laminated 35 cm thick structure dips to the south and follows a NE-SW direction. The observation of this structure in the trenches seems to confirm the presence of a major fault detected for the first time by geophysical surveys audiomagnetotelluriques (AMT) (BGF press releases of April 30 and October 3, 2019, and HPQ press release of May 11, 2017). For purpose of restoring the sampling sites, the trenches were then buried and the surfaces smoothed to allow natural reforestation.


Dany Boilard Explorations bulk sampled 275.70 kg of rock from trenches 10008 and 10009 and did the preparation of laboratory samples. The samples were crushed and sieved to a particle size of -20 mesh. 32 samples were sent to the Activation Labs laboratory (Ancaster, Ontario) for analysis. The gold particles, recovered from a 2 Kg subsample, were sent to INRS to be weighed and analyzed using a Zeiss EVO® 50 smart SEM (SEM) scanning electron microscope coupled to an elementary microanalysis system by X-ray energy dispersion spectrometry (EDS).


Highlights include



  • Trench 10008: 145.60 kg of loose rock samples. 3 visible gold particles with a total weight of 0.55mg (0.275 g/t). Slight gold anomaly of 18 to 27 ppb on 16 samples with an average of 21.50 ppb, including gold particles 563 ppb. Exposed geological fault.

  • Trench 10009: 130.10 kg of bulk sampled rocks. No visible gold. Slight gold anomaly of 13 to 32 ppb on 16 samples with an average of 22 ppb. Exposed geological fault.

  • Trench 10016: discovery of a 19th century placer gold mining shaft. Bulk sampling. Material to be analyzed.

  • Trench 10015: Bulk and channel sampled. Material to be analyzed.

  • Channel samples from all other trenches returned no gold values.


The recovery of more bulk samples will be necessary given the nugget effect observed in the samples. A large gold nugget can strongly bias the gold content of a sample from which it comes from. Under these conditions, a larger volume of samples is necessary to obtain a better representation of the gold content.


https://www.globenewswire.com/NewsRoom/AttachmentNg/3466cbe9-2e27-4def-9bfe-79db059f28a4
Image 2: Zone of fault and quartz veins exposed on the wall of trench 10008. West view. The approximate positions of south and north are shown at the bottom of the photo.


Marc Richer-LaFlèche, Ph.D. Geo., a qualified person as defined by NI 43-101, has reviewed and approved the technical information presented in this release.


About Beauce Gold Fields


Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec.  The Company’s flagship property is the St-Simon-les-Mines Gold project, a unique, historically significant gold property located in the municipality of Saint-Simon-les-Mines. Comprising of a block of 152 claims as well as 7 real estate lots, the project area hosts a six kilometre long unconsolidated gold-bearing sedimentary unit (a lower saprolite and an upper brown diamictite). Textural observations (angularity) of gold nuggets suggest a relatively proximal source and therefore a short transport distance. The gold in saprolite indicates a close proximity to a bedrock source of gold, providing possible further exploration discoveries.  The property was host to Canada’s first gold rush before the one in the Yukon Klondike.  It hosts some of the largest historical placer gold mines in Eastern North America that were active from 1860s to the 1960s (see HPQ SEDAR-filed July 4 2018 43-101 report).


Beauce Gold Fields website www.beaucegold.com


Disclaimers:


This press release contains certain forward-looking statements, including, without limitation, statements containing the words "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "in the process" and other similar expressions which constitute "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements reflect the Company's current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding mineral exploration. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company's on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


For further information contact


Patrick Levasseur, President and CEO Tel: (514) 262-9239
Bernard J. Tourillon, Chairman and COO Tel (514) 907-1011
www.beaucegold.com


Shares outstanding: 20,974,166


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BGF Gold Particle



Binocular microscope image of the gold particle number 1 from Poulin trench - 10008 (photo INRS)



Zone of fault and quartz veins exposed on the wall of trench 10008



Zone of fault and quartz veins exposed on the wall of trench 10008



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8020 Admin

1 month ago

8020 Admin posted a press release Beauce Gold Fields Awaits 250 Rock Outcrop Results and Completes 3 Additional IP Survey Lines Over the Former Gold Mines of Saint-Simon-Les-Mines in BEAUCE GOLD FIELDS

MONTREAL, Jan. 03, 2020 (GLOBE NEWSWIRE) -- Beauce Gold Fields (Champs D’Or en Beauce) (BGF) (TSX Venture: ¨BGF¨) is pleased to announce it has completed three additional geoelectric induced polarization (IP) survey lines conducted in the western section (Rang Delery) of the Beauce Gold property in the town of St-Simon-Les-Mine located in the Beauce region in southern Quebec. The IP lines paralleled two previously completed IP lines (BGF press release August 6th 2019) that identified a southwesterly extension of the major fault that strikes through the property (press release October 3rd 2019). The extended IPs will allow the Company to potentially identify hidden zones of mineralized rock outcrops buried under glacial till overburden that can be excavated for channel sampling.  


The results from previous IP and geophysics surveys indicate the presence of a structural discontinuity interpreted as the southwesterly extension of a major fault that follows the contour of the historical placer gold channel and mining shafts that produced the largest gold nuggets in Canadian mining history. 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, "Our extensive use of geophysics has provided amazing discoveries thus far like that of a major fault line beneath the historical placer gold channel." Mr. Levasseur added: "As we stated in last months press release (December 5th), we are expecting 250 rock outcrops and numerous trench sample results from the laboratory. This is the largest sampling program ever conducted of the rocks that surrounds the historical placer gold channel. It will provide valuable data in our exploration efforts to find a bedrock source of the gold-bearing placers of Saint-Simon-les-Mines“


The location of the additional three lines of the geoelectric IP survey is shown on the Figure 1 map. The lines are located in a wooded area and crosses the Gilbert River before  and after the confluence with Giroux Creek. The lines were established based on previous IP results and the gold potential of the area as evidenced by the large number of gold bearing shafts.


The geoelectric tomography survey demonstrated 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 latter being characterized by strong anomalies of electrical chargeability. As observed in the field, volcaniclastic units are affected by brittle deformation frequently associated with the injection of quartz veins and carbonates. In contrast, these structures are infrequent in the shale-rich units of the St-Victor Formation.


Figure 1 - Location map of the three new geoelectric IP survey lines:
https://www.globenewswire.com/NewsRoom/AttachmentNg/05184b67-c900-4ece-8df2-c521f29f5ca3


The faulted contact between the St-Victor and Beauceville Formations is further indicated by the magnetic and gravity contrasts observed in this sector. These contrasts of physical properties of the rock units can not be explained by a simple synclinal structure. As a result, the presence of a fault is highly likely in the Gilbert River area. Note that Line 2 passes near old gold 19th and 20th century mining shafts.


Marc Richer-LaFlèche, Ph.D. Geo., a qualified person as defined by NI 43-101, has reviewed and approved the technical information presented in this release.


On December 31, 2019, the Company has closed a private placement of 30 Flow Through and Hard Cash units ("Unit") at $1,000 per Unit for a gross proceeds of  $30,000. Each Unit is comprised of 4000 flow-through common shares at $0.15  per share, 4000 common shares at $0.10  per share and 4000 common share purchase warrants ( Warrants) of the Company. Each Warrant will entitle the holder thereof to purchase one common share of the capital stock of the Company at an exercise price of $ 0.18 for a period of 24 months from the date of closing of the placement. Each share issued pursuant to the placement will have a mandatory four (4) month and one (1) day holding period from the date of closing of the placement. The Company will use the proceeds from the private placement for general corporate purposes.


Mr. Patrick Levasseur, President and CEO of BGF has subscribed for 5 Units. Following the completion of the Private Placement, Mr. Levasseur will own or exercise control or direction over, directly or indirectly, a number of Common Shares, representing approximately 4.83% of the issued and outstanding Common Shares of the Company.


Mrs Ann Levasseur, Director of BGF has subscribed for 5 Units. Following the completion of the Private Placement, Mrs. Levasseur will own or exercise control or direction over, directly or indirectly, a number of Common Shares, representing approximately 0.51% of the issued and outstanding Common Shares of the Company.


The participation of Mr Patrick Levasseur and of Mrs Ann Levasseur in the Private Placement constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101") and Policy 5.9 - Protection of Minority Security Holders in Special Transactions of the Exchange. In connection with this related party transaction, the Company is relying on the formal valuation and minority approval exemptions of respectively subsection 5.5(a) and 5.7(1)(a) of MI 61-101 as the fair market value of the portion of the Private Placement subscribed by Mrs Levasseur does not exceed 25% of the Company's market capitalization. The Board of directors of the Company has approved the Private Placement, including the participation of Mr Patrick Levasseur and Mrs Ann Levasseur therein, whom abstaining with respect to his participation.


About Beauce Gold Fields


Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec. The Company’s flagship property is the St-Simon-les-Mines Gold project, a unique, historically significant gold property located in the municipality of Saint-Simon-les-Mines. Comprising of a block of 152 claims as well as 7 real estate lots, the project area hosts a six kilometre long unconsolidated gold-bearing sedimentary unit (a lower saprolite and an upper brown diamictite). Textural observations (angularity) of gold nuggets suggest a relatively proximal source and therefore a short transport distance. The gold in saprolite indicates a close proximity to a bedrock source of gold, providing possible further exploration discoveries. The property was host to Canada’s first gold rush before the one in the Yukon Klondike.  It hosts some of the largest historical placer gold mines in Eastern North America that were active from 1860s to the 1960s (see HPQ SEDAR-filed July 4 2018 43-101 report).


Beauce Gold Fields website www.beaucegold.com


BGF Presentation: http://beaucegold.com/wp-content/uploads/2019/04/BGF-Presentation-20191.pdf


Disclaimers:


This press release contains certain forward-looking statements, including, without limitation, statements containing the words "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "in the process" and other similar expressions which constitute "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements reflect the Company's current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding mineral exploration. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company's on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


For further information contact


Patrick Levasseur, President and CEO Tel: (514) 262-9239
Bernard J. Tourillon, Chairman and COO Tel (514) 907-1011
www.beaucegold.com


Shares outstanding: 20,734,166


Primary Logo



Figure 1



Location map of the three new geoelectric IP survey lines



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Media Relations posted an update in BEAUCE GOLD FIELDS

2 months ago

MI3 Technical Note

Beauce Gold Fields (BGF – TSX.V)


insert_drive_fileTechnical-Note-November-27-2019.pdf
Thumb technical note november 27 2019

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8020 Admin

4 months ago

8020 Admin posted a press release Beauce Gold Fields Completes 30km2 Sampling and Geological Mapping the St-Simon-les-Mines Placer Gold District in BEAUCE GOLD FIELDS

MONTREAL, Oct. 17, 2019 (GLOBE NEWSWIRE) -- Beauce Gold Fields (Champs D’Or en Beauce) (BGF) (TSX Venture: ¨BGF¨) Is pleased to announce the completion of its 2019 Geological Survey and Mapping summer work program in St-Simon-les -Mines located in the Beauce region of Quebec. The program included channel sampling of rock outcrops and trenches with a complete mapping of the surrounding geology.


First to complete a geological mapping of the historical placer gold district


Geological mapping covered an area of around 30km2 centered on the St-Simon-les-Mines historical placer gold district.  Special attention has been paid to accurately document the geology of rock outcrops near the Gilbert River and former 19th and 20th century placer gold mines.


First large systematic sampling of roc outcrops


Although the St-Simon-les-Mines region is known for its numerous placer gold mines, data on bedrock geology was sparse and incomplete.  Quebec’s MERN geo-information system (SIGEOM) database showed that very little geological mapping and rock sampling (and geochemistry) has been done in the past.


Work carried out over the last century was mostly concentrated on placer gold mining or exploration drilling (reverse circulation (RC) and Sonic drilling) in the Quaternary overburden. Drill surveys were used to assess the placer gold deposits.


Beauce Gold Fields is therefore the first company to have completed a detailed geological mapping and a systematic sampling of the main lithological unit roc outcrops found in the Gilbert River and Giroux Creek watersheds. Given the presence of several generations of quartz veins in observed outcrops, and its potential relationship in regards to gold, special attention was paid to the structural and geochemical aspects of the work completed in 2019.


Patrick Levasseur, President and CEO of Beauce Gold Fields, stated, "We are the first exploration company to combine the use of modern geophysical surveys with a systematic sampling of sedimentary and volcanic rocks in the St-Simon-les-Mines area," Mr. Levasseur further said "In addition, it is important to point out that Beauce Gold Fields is also the first mineral exploration company dedicated to searching for the source of the Beauce’s historic placer gold deposits."


More than 200 rock samples taken for analysis


The exploration team, under the supervision of Dr. Marc Richer-LaFlèche, Ph.D. Geo of INRS, systematically prospected, sampled and mapped the main outcrops, located on both sides of Gilbert River and Giroux Creek, more specifically between Rang St-Charles and Rang VI roads. The geological mapping and structural geology work was aimed at documenting and to gain a better understanding the geochemistry of the area's sedimentary and volcanic rocks. Special attention was paid to sampling the different generations of quartz veins in the region. More than 200 samples were collected and will be assayed for gold and other trace elements of gold mineralization.


Geological mapping to corroborate geophysical surveys


Since 2017, the company and previously Uragold Bay Resources, has deployed a multidisciplinary exploration strategy involving geological studies, with an importance on structural geology and field prospecting. At the same time, geophysical surveys (audiomagnetotellurisme, magnetism, gravimetry, geoelectrical tomography, and TDEM electromagnetism of a new Russian technology) along with petrophysical studies were carried out in order to specify; the local geology, to verify the presence of deep faults and to locate potentially geophysical anomalies related to gold mineralized zones.


This new data acquired through geological mapping of rock outcrops and trenching will be used to corroborate geophysical surveys.  This will be essential for the validation of geological and geophysical models that will be used to plan future exploration programs and to identify mineralized zones with the potential to eventually trace the hard rock source of placer gold.


Robert Gagnon, P. Geo., a qualified person as defined by NI 43-101, has reviewed and approved the technical information presented in this release.


Images: Trenching and channel sampling of rock outcrops - available at the following links: 


https://www.globenewswire.com/NewsRoom/AttachmentNg/5b33ac0f-3f0f-4c26-95e5-ca699d823e29
https://www.globenewswire.com/NewsRoom/AttachmentNg/c799d9be-e818-45b3-9182-9ba08b698902


About Beauce Gold Fields


Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec.  The Company’s flagship property is the St-Simon-les-Mines Gold project, a unique, historically significant gold property located in the municipality of Saint-Simon-les-Mines. Comprising of a block of 152 claims as well as 7 real estate lots, the project area hosts a six kilometre long historical placer gold channel of an unconsolidated gold-bearing sedimentary unit comprised of a lower saprolite and an upper brown diamictite. Textural observations (angularity) of gold nuggets suggest a relatively proximal source and therefore a short transport distance. The gold in saprolite indicates a close proximity to a bedrock source of gold, providing possible further exploration discoveries.  The property was host to Canada’s first gold rush before the one in the Yukon Klondike.  It hosts some of the largest historical placer gold mines in Eastern North America that were active from 1860s to the 1960s (see HPQ SEDAR-filed July 4 2018 43-101 report).


More information can be found on the Company’s web site: www.beaucegold.com


Disclaimers:


This press release contains certain forward-looking statements, including, without limitation, statements containing the words "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "in the process" and other similar expressions which constitute "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements reflect the Company's current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding mineral exploration. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company's on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


For further information contact


Patrick Levasseur, President and CEO Tel: (514) 262-9239
Bernard J. Tourillon, Chairman and COO Tel (514) 907-1011
www.beaucegold.com


Shares outstanding: 20,734,166


Primary Logo



Beauce Gold Fields Trenching



Beauce Gold Fields Trenching



Beauce Gold Fields channel sampling of rock outcrops



Beauce Gold Fields channel sampling of rock outcrops



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Media Relations posted an update in BEAUCE GOLD FIELDS

6 months ago

MI3 Financial Communication lunch presentation in Quebec City with the new gold company Champs D'Or de la Beauce and its President Mr. Patrick Levasseur, who presents today the latest developments of the company. Beauce Gold Fields (BGF. TSXV)


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Media Relations posted an update in BEAUCE GOLD FIELDS

6 months ago

Full house in Beauce with Mr. Patrick Levasseur, President of Beauce who presented the latest developments of the company. (BGF.TSXV).


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Media Relations posted an update in BEAUCE GOLD FIELDS

8 months ago

Did you know that the first gold rush in North America took place here in Beauce, Quebec around the years 1850. last evening to explain to the audience, hosted by MI3 Communications and Mr. Mario Drolet - Beauce Goldfields, President Mr. Patrick Levasseur. BGF. TSXV


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luc@mi3.ca

10 months ago

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Beauce Gold Fields

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Beauce Gold Fields Inc is a gold exploration company. Its flagship property is the Beauce Gold project is located in the municipality of Saint-Simon-les-Mines.

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Beauce Gold Fields

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Beauce Gold Fields Inc is a gold exploration company. Its flagship property is the Beauce Gold project is located in ......

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8020 Admin

12 hours ago

8020 Admin posted a press release Beauce Gold Fields Inc. Opens the Market in BEAUCE GOLD FIELDS

TORONTO, Feb. 4, 2020 /CNW/ - Patrick Levasseur, President & CEO, Beauce Gold Fields Inc. (TSXV: BGF), joined Sylvain Martel, Director, Capital Formation, Ontario & Québec, TSX Venture Exchange, to open the market. Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec. The Company's flagship property is the St-Simon-les-Mines Gold project, a historically significant gold property located in the municipality of Saint-Simon-les-Mines. Beauce Gold Fields Inc. commenced trading on TSX Venture Exchange on February 2, 2019.



Beauce Gold Fields Inc. Opens the Market (CNW Group/TMX Group Limited)



SOURCE TMX Group Limited


View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2020/05/c3757.html

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8020 Admin

3 days ago

8020 Admin posted a press release Beauce Gold Fields: Visible Gold Extracted From Volcanic Rock Samples Associated With the Major Geological Fault in BEAUCE GOLD FIELDS

MONTREAL, Feb. 03, 2020 (GLOBE NEWSWIRE) -- Beauce Gold Fields (Champs D’Or en Beauce) (BGF) (TSX Venture: ¨BGF¨) is pleased to announce that a 2 kg sub-sample from a 146.6 kg bulk sample taken from Poulin trench 10008 contained 0.55 mg (0.275 g/t) of visible gold particles. The particles were extracted from volcaniclastic rocks that were heavily injected with rusty quartz veins. In addition, the excavation of trench 10008 exposed the main geological fault line that runs along the historical placer gold channel on the Company’s St-Simon-Les-Mines property.


https://www.globenewswire.com/NewsRoom/AttachmentNg/57de4785-cd7e-4720-9d4b-2280cea1e2b8
Image 1: Binocular microscope image of the gold particle number 1 from Poulin trench - 10008 (photo INRS)


Patrick Levasseur, president and CEO of Beauce Gold Fields said, "This is the first evidence associating bedrock gold with the main geological fault line." Mr Levasseur further stated: "This gives weight to the theory that the fault zone could be the host of an ancient hydrothermal gold system responsible for the concentration of gold in the rock. The presence of this gold system could explain, among other things, the gold placers found in the basal till and the underlying saprolite along the historic Saint-Simon-les-Mines placer gold channel."


Poulin Trenches: Under the supervision of Dr. Marc Richer-LaFlèche, Ph.D. Géo from INRS, 14 trenches were dug and the exposed bedrock was cleaned with jets of water to remove the overburden. Nine of the trenches were channel sampled. Four of the trenches, 10008, 10009, 10015 and 10016 showed the presence of  volcaniclastic bedrock extremely altered by the injection of rusty quartz veins and were therefore channelled and bulk sampled. These trenches were subject to high resolution photogrammetric imagery and detailed geological and structural mapping. The veined area is 2.5 to 3m thick and has been observed in trenches 10008, 10009 and 10016. Trenches 10008 and 10009 have shown the presence of faulted contact between volcaniclastic rocks (north) and sedimentary rocks (south). The structural discontinuity corresponds to a brittle (fragile) type fault associated with a non-cohesive cataclasite (gouged zone) rich in small fragments of quartz. This laminated 35 cm thick structure dips to the south and follows a NE-SW direction. The observation of this structure in the trenches seems to confirm the presence of a major fault detected for the first time by geophysical surveys audiomagnetotelluriques (AMT) (BGF press releases of April 30 and October 3, 2019, and HPQ press release of May 11, 2017). For purpose of restoring the sampling sites, the trenches were then buried and the surfaces smoothed to allow natural reforestation.


Dany Boilard Explorations bulk sampled 275.70 kg of rock from trenches 10008 and 10009 and did the preparation of laboratory samples. The samples were crushed and sieved to a particle size of -20 mesh. 32 samples were sent to the Activation Labs laboratory (Ancaster, Ontario) for analysis. The gold particles, recovered from a 2 Kg subsample, were sent to INRS to be weighed and analyzed using a Zeiss EVO® 50 smart SEM (SEM) scanning electron microscope coupled to an elementary microanalysis system by X-ray energy dispersion spectrometry (EDS).


Highlights include



  • Trench 10008: 145.60 kg of loose rock samples. 3 visible gold particles with a total weight of 0.55mg (0.275 g/t). Slight gold anomaly of 18 to 27 ppb on 16 samples with an average of 21.50 ppb, including gold particles 563 ppb. Exposed geological fault.

  • Trench 10009: 130.10 kg of bulk sampled rocks. No visible gold. Slight gold anomaly of 13 to 32 ppb on 16 samples with an average of 22 ppb. Exposed geological fault.

  • Trench 10016: discovery of a 19th century placer gold mining shaft. Bulk sampling. Material to be analyzed.

  • Trench 10015: Bulk and channel sampled. Material to be analyzed.

  • Channel samples from all other trenches returned no gold values.


The recovery of more bulk samples will be necessary given the nugget effect observed in the samples. A large gold nugget can strongly bias the gold content of a sample from which it comes from. Under these conditions, a larger volume of samples is necessary to obtain a better representation of the gold content.


https://www.globenewswire.com/NewsRoom/AttachmentNg/3466cbe9-2e27-4def-9bfe-79db059f28a4
Image 2: Zone of fault and quartz veins exposed on the wall of trench 10008. West view. The approximate positions of south and north are shown at the bottom of the photo.


Marc Richer-LaFlèche, Ph.D. Geo., a qualified person as defined by NI 43-101, has reviewed and approved the technical information presented in this release.


About Beauce Gold Fields


Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec.  The Company’s flagship property is the St-Simon-les-Mines Gold project, a unique, historically significant gold property located in the municipality of Saint-Simon-les-Mines. Comprising of a block of 152 claims as well as 7 real estate lots, the project area hosts a six kilometre long unconsolidated gold-bearing sedimentary unit (a lower saprolite and an upper brown diamictite). Textural observations (angularity) of gold nuggets suggest a relatively proximal source and therefore a short transport distance. The gold in saprolite indicates a close proximity to a bedrock source of gold, providing possible further exploration discoveries.  The property was host to Canada’s first gold rush before the one in the Yukon Klondike.  It hosts some of the largest historical placer gold mines in Eastern North America that were active from 1860s to the 1960s (see HPQ SEDAR-filed July 4 2018 43-101 report).


Beauce Gold Fields website www.beaucegold.com


Disclaimers:


This press release contains certain forward-looking statements, including, without limitation, statements containing the words "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "in the process" and other similar expressions which constitute "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements reflect the Company's current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding mineral exploration. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company's on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


For further information contact


Patrick Levasseur, President and CEO Tel: (514) 262-9239
Bernard J. Tourillon, Chairman and COO Tel (514) 907-1011
www.beaucegold.com


Shares outstanding: 20,974,166


Primary Logo



BGF Gold Particle



Binocular microscope image of the gold particle number 1 from Poulin trench - 10008 (photo INRS)



Zone of fault and quartz veins exposed on the wall of trench 10008



Zone of fault and quartz veins exposed on the wall of trench 10008



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8020 Admin

1 month ago

8020 Admin posted a press release Beauce Gold Fields Awaits 250 Rock Outcrop Results and Completes 3 Additional IP Survey Lines Over the Former Gold Mines of Saint-Simon-Les-Mines in BEAUCE GOLD FIELDS

MONTREAL, Jan. 03, 2020 (GLOBE NEWSWIRE) -- Beauce Gold Fields (Champs D’Or en Beauce) (BGF) (TSX Venture: ¨BGF¨) is pleased to announce it has completed three additional geoelectric induced polarization (IP) survey lines conducted in the western section (Rang Delery) of the Beauce Gold property in the town of St-Simon-Les-Mine located in the Beauce region in southern Quebec. The IP lines paralleled two previously completed IP lines (BGF press release August 6th 2019) that identified a southwesterly extension of the major fault that strikes through the property (press release October 3rd 2019). The extended IPs will allow the Company to potentially identify hidden zones of mineralized rock outcrops buried under glacial till overburden that can be excavated for channel sampling.  


The results from previous IP and geophysics surveys indicate the presence of a structural discontinuity interpreted as the southwesterly extension of a major fault that follows the contour of the historical placer gold channel and mining shafts that produced the largest gold nuggets in Canadian mining history. 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, "Our extensive use of geophysics has provided amazing discoveries thus far like that of a major fault line beneath the historical placer gold channel." Mr. Levasseur added: "As we stated in last months press release (December 5th), we are expecting 250 rock outcrops and numerous trench sample results from the laboratory. This is the largest sampling program ever conducted of the rocks that surrounds the historical placer gold channel. It will provide valuable data in our exploration efforts to find a bedrock source of the gold-bearing placers of Saint-Simon-les-Mines“


The location of the additional three lines of the geoelectric IP survey is shown on the Figure 1 map. The lines are located in a wooded area and crosses the Gilbert River before  and after the confluence with Giroux Creek. The lines were established based on previous IP results and the gold potential of the area as evidenced by the large number of gold bearing shafts.


The geoelectric tomography survey demonstrated 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 latter being characterized by strong anomalies of electrical chargeability. As observed in the field, volcaniclastic units are affected by brittle deformation frequently associated with the injection of quartz veins and carbonates. In contrast, these structures are infrequent in the shale-rich units of the St-Victor Formation.


Figure 1 - Location map of the three new geoelectric IP survey lines:
https://www.globenewswire.com/NewsRoom/AttachmentNg/05184b67-c900-4ece-8df2-c521f29f5ca3


The faulted contact between the St-Victor and Beauceville Formations is further indicated by the magnetic and gravity contrasts observed in this sector. These contrasts of physical properties of the rock units can not be explained by a simple synclinal structure. As a result, the presence of a fault is highly likely in the Gilbert River area. Note that Line 2 passes near old gold 19th and 20th century mining shafts.


Marc Richer-LaFlèche, Ph.D. Geo., a qualified person as defined by NI 43-101, has reviewed and approved the technical information presented in this release.


On December 31, 2019, the Company has closed a private placement of 30 Flow Through and Hard Cash units ("Unit") at $1,000 per Unit for a gross proceeds of  $30,000. Each Unit is comprised of 4000 flow-through common shares at $0.15  per share, 4000 common shares at $0.10  per share and 4000 common share purchase warrants ( Warrants) of the Company. Each Warrant will entitle the holder thereof to purchase one common share of the capital stock of the Company at an exercise price of $ 0.18 for a period of 24 months from the date of closing of the placement. Each share issued pursuant to the placement will have a mandatory four (4) month and one (1) day holding period from the date of closing of the placement. The Company will use the proceeds from the private placement for general corporate purposes.


Mr. Patrick Levasseur, President and CEO of BGF has subscribed for 5 Units. Following the completion of the Private Placement, Mr. Levasseur will own or exercise control or direction over, directly or indirectly, a number of Common Shares, representing approximately 4.83% of the issued and outstanding Common Shares of the Company.


Mrs Ann Levasseur, Director of BGF has subscribed for 5 Units. Following the completion of the Private Placement, Mrs. Levasseur will own or exercise control or direction over, directly or indirectly, a number of Common Shares, representing approximately 0.51% of the issued and outstanding Common Shares of the Company.


The participation of Mr Patrick Levasseur and of Mrs Ann Levasseur in the Private Placement constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101") and Policy 5.9 - Protection of Minority Security Holders in Special Transactions of the Exchange. In connection with this related party transaction, the Company is relying on the formal valuation and minority approval exemptions of respectively subsection 5.5(a) and 5.7(1)(a) of MI 61-101 as the fair market value of the portion of the Private Placement subscribed by Mrs Levasseur does not exceed 25% of the Company's market capitalization. The Board of directors of the Company has approved the Private Placement, including the participation of Mr Patrick Levasseur and Mrs Ann Levasseur therein, whom abstaining with respect to his participation.


About Beauce Gold Fields


Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec. The Company’s flagship property is the St-Simon-les-Mines Gold project, a unique, historically significant gold property located in the municipality of Saint-Simon-les-Mines. Comprising of a block of 152 claims as well as 7 real estate lots, the project area hosts a six kilometre long unconsolidated gold-bearing sedimentary unit (a lower saprolite and an upper brown diamictite). Textural observations (angularity) of gold nuggets suggest a relatively proximal source and therefore a short transport distance. The gold in saprolite indicates a close proximity to a bedrock source of gold, providing possible further exploration discoveries. The property was host to Canada’s first gold rush before the one in the Yukon Klondike.  It hosts some of the largest historical placer gold mines in Eastern North America that were active from 1860s to the 1960s (see HPQ SEDAR-filed July 4 2018 43-101 report).


Beauce Gold Fields website www.beaucegold.com


BGF Presentation: http://beaucegold.com/wp-content/uploads/2019/04/BGF-Presentation-20191.pdf


Disclaimers:


This press release contains certain forward-looking statements, including, without limitation, statements containing the words "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "in the process" and other similar expressions which constitute "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements reflect the Company's current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding mineral exploration. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company's on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


For further information contact


Patrick Levasseur, President and CEO Tel: (514) 262-9239
Bernard J. Tourillon, Chairman and COO Tel (514) 907-1011
www.beaucegold.com


Shares outstanding: 20,734,166


Primary Logo



Figure 1



Location map of the three new geoelectric IP survey lines



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Media Relations posted an update in BEAUCE GOLD FIELDS

2 months ago

MI3 Technical Note

Beauce Gold Fields (BGF – TSX.V)


insert_drive_fileTechnical-Note-November-27-2019.pdf
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8020 Admin

4 months ago

8020 Admin posted a press release Beauce Gold Fields Completes 30km2 Sampling and Geological Mapping the St-Simon-les-Mines Placer Gold District in BEAUCE GOLD FIELDS

MONTREAL, Oct. 17, 2019 (GLOBE NEWSWIRE) -- Beauce Gold Fields (Champs D’Or en Beauce) (BGF) (TSX Venture: ¨BGF¨) Is pleased to announce the completion of its 2019 Geological Survey and Mapping summer work program in St-Simon-les -Mines located in the Beauce region of Quebec. The program included channel sampling of rock outcrops and trenches with a complete mapping of the surrounding geology.


First to complete a geological mapping of the historical placer gold district


Geological mapping covered an area of around 30km2 centered on the St-Simon-les-Mines historical placer gold district.  Special attention has been paid to accurately document the geology of rock outcrops near the Gilbert River and former 19th and 20th century placer gold mines.


First large systematic sampling of roc outcrops


Although the St-Simon-les-Mines region is known for its numerous placer gold mines, data on bedrock geology was sparse and incomplete.  Quebec’s MERN geo-information system (SIGEOM) database showed that very little geological mapping and rock sampling (and geochemistry) has been done in the past.


Work carried out over the last century was mostly concentrated on placer gold mining or exploration drilling (reverse circulation (RC) and Sonic drilling) in the Quaternary overburden. Drill surveys were used to assess the placer gold deposits.


Beauce Gold Fields is therefore the first company to have completed a detailed geological mapping and a systematic sampling of the main lithological unit roc outcrops found in the Gilbert River and Giroux Creek watersheds. Given the presence of several generations of quartz veins in observed outcrops, and its potential relationship in regards to gold, special attention was paid to the structural and geochemical aspects of the work completed in 2019.


Patrick Levasseur, President and CEO of Beauce Gold Fields, stated, "We are the first exploration company to combine the use of modern geophysical surveys with a systematic sampling of sedimentary and volcanic rocks in the St-Simon-les-Mines area," Mr. Levasseur further said "In addition, it is important to point out that Beauce Gold Fields is also the first mineral exploration company dedicated to searching for the source of the Beauce’s historic placer gold deposits."


More than 200 rock samples taken for analysis


The exploration team, under the supervision of Dr. Marc Richer-LaFlèche, Ph.D. Geo of INRS, systematically prospected, sampled and mapped the main outcrops, located on both sides of Gilbert River and Giroux Creek, more specifically between Rang St-Charles and Rang VI roads. The geological mapping and structural geology work was aimed at documenting and to gain a better understanding the geochemistry of the area's sedimentary and volcanic rocks. Special attention was paid to sampling the different generations of quartz veins in the region. More than 200 samples were collected and will be assayed for gold and other trace elements of gold mineralization.


Geological mapping to corroborate geophysical surveys


Since 2017, the company and previously Uragold Bay Resources, has deployed a multidisciplinary exploration strategy involving geological studies, with an importance on structural geology and field prospecting. At the same time, geophysical surveys (audiomagnetotellurisme, magnetism, gravimetry, geoelectrical tomography, and TDEM electromagnetism of a new Russian technology) along with petrophysical studies were carried out in order to specify; the local geology, to verify the presence of deep faults and to locate potentially geophysical anomalies related to gold mineralized zones.


This new data acquired through geological mapping of rock outcrops and trenching will be used to corroborate geophysical surveys.  This will be essential for the validation of geological and geophysical models that will be used to plan future exploration programs and to identify mineralized zones with the potential to eventually trace the hard rock source of placer gold.


Robert Gagnon, P. Geo., a qualified person as defined by NI 43-101, has reviewed and approved the technical information presented in this release.


Images: Trenching and channel sampling of rock outcrops - available at the following links: 


https://www.globenewswire.com/NewsRoom/AttachmentNg/5b33ac0f-3f0f-4c26-95e5-ca699d823e29
https://www.globenewswire.com/NewsRoom/AttachmentNg/c799d9be-e818-45b3-9182-9ba08b698902


About Beauce Gold Fields


Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec.  The Company’s flagship property is the St-Simon-les-Mines Gold project, a unique, historically significant gold property located in the municipality of Saint-Simon-les-Mines. Comprising of a block of 152 claims as well as 7 real estate lots, the project area hosts a six kilometre long historical placer gold channel of an unconsolidated gold-bearing sedimentary unit comprised of a lower saprolite and an upper brown diamictite. Textural observations (angularity) of gold nuggets suggest a relatively proximal source and therefore a short transport distance. The gold in saprolite indicates a close proximity to a bedrock source of gold, providing possible further exploration discoveries.  The property was host to Canada’s first gold rush before the one in the Yukon Klondike.  It hosts some of the largest historical placer gold mines in Eastern North America that were active from 1860s to the 1960s (see HPQ SEDAR-filed July 4 2018 43-101 report).


More information can be found on the Company’s web site: www.beaucegold.com


Disclaimers:


This press release contains certain forward-looking statements, including, without limitation, statements containing the words "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "in the process" and other similar expressions which constitute "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements reflect the Company's current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding mineral exploration. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company's on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


For further information contact


Patrick Levasseur, President and CEO Tel: (514) 262-9239
Bernard J. Tourillon, Chairman and COO Tel (514) 907-1011
www.beaucegold.com


Shares outstanding: 20,734,166


Primary Logo



Beauce Gold Fields Trenching



Beauce Gold Fields Trenching



Beauce Gold Fields channel sampling of rock outcrops



Beauce Gold Fields channel sampling of rock outcrops



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Thumb 8020 media relations

Media Relations posted an update in BEAUCE GOLD FIELDS

6 months ago

MI3 Financial Communication lunch presentation in Quebec City with the new gold company Champs D'Or de la Beauce and its President Mr. Patrick Levasseur, who presents today the latest developments of the company. Beauce Gold Fields (BGF. TSXV)


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Thumb 8020 media relations

Media Relations posted an update in BEAUCE GOLD FIELDS

6 months ago

Full house in Beauce with Mr. Patrick Levasseur, President of Beauce who presented the latest developments of the company. (BGF.TSXV).


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Media Relations posted an update in BEAUCE GOLD FIELDS

8 months ago

Did you know that the first gold rush in North America took place here in Beauce, Quebec around the years 1850. last evening to explain to the audience, hosted by MI3 Communications and Mr. Mario Drolet - Beauce Goldfields, President Mr. Patrick Levasseur. BGF. TSXV


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luc@mi3.ca

10 months ago

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