Beauce doubles Saint-Simon-les-Mines exploration target

Mr. Patrick Levasseur reports BEAUCE GOLD FIELDS SIGNIFICANTLY EXPANDS EXPLORATION TARGET OF THE SAINT-SIMON-LES-MINES PALEOPLACER CHANNEL Beauce Gold Fields Inc. has released the results of a comprehensive technical assessment of its flagship Saint-Simon-les-Mines placer gold property located in the Beauce region of Southern Quebec. The report incorporates newly recovered historical drill data, high-resolution lidar mapping, and reinterpretation of stratigraphic and structural models to significantly expand the company's gold exploration target. Gold exploration target doubled from previous estimate The updated 2025 polygonal-based model defines an exploration target ranging between: 3.86 million cubic metres of 0.81 gram gold per cubic metre and 3.86 million cubic metres of 4.9 grams gold per cubic metre, including nugget effect. This represents a near doubling of the previous 2015 target, which estimated a range of 2.2 million cubic metres of 0.87 gram gold per cubic metre and 2.2 million cubic metres of 5.22 grams Au per cubic metre (source SEDAR+: National Instrument 43-101 report -- Beauce, July 4, 2018, author: B. Violette). The new estimates are grounded in historical drilling by Beauce Placer Co. (1958 to 1960), Coniagas Resources (1985), Ressources Macamic (1987 to 1988) and Beauce (2021), georeferenced and integrated with lidar-derived paleovalley reconstructions. Beauce rediscovered over 344 original drill logs and cross-sections from Beauce Placer in 1958 and 1959 churn drilling (Beauce press release dated Jan. 11, 2021), which had not been used in any prior modern assessment. These documents were instrumental in reconstructing five detailed 1 to 1,000 scale relief maps of the paleovalley and refining exploration polygons. The updated report titled (in French) Rapport technique sur les cibles d'exploration aurifere du canal paleoplacer de Saint-Simon-les-Mines, Aout 2025, by Jean Bernard, geo, an independent qualified person under National Instrument 43-101, will be deposited on SEDAR+. The exploration target mentioned is conceptual in nature. There has been insufficient exploration to define a mineral resource, and there can be no assurance that further exploration will result in the definition of such a resource. Key geological highlights: Two auriferous host units confirmed: a saprolitic-altered bedrock horizon and an underlying brown glacial diamicton, both enriched in visible coarse gold; New mapping delineates three tributary-fed deltaic targets along the Gilbert River paleochannel, suggesting significant upstream gold input; Structural interpretation reveals multiple anti-form Saddle Reef-style folds associated with quartz veining and gold-bearing stockwork believed to be the source of the placers. Patrick Levasseur, president and chief executive officer of Beauce Gold Fields, stated: "This is the most comprehensive geological review of the Saint-Simon-les-Mines placer channel since the 1960s. By integrating historic and modern data, we have improved the definition, volume and grade confidence of the placer system, which now clearly exceeds half a million ounces potential with strong indications of proximity to bedrock lode sources." Mr. Levasseur further stated: "This report validates that the Gilbert River paleoplacer system has been historically underestimated. With this new target, we are not only reviving a legacy gold district but elevating its potential to a modern exploration success story." The company intends to apply for an ATI authorization from Quebec's Ministry of Natural Resources for impact exploration work, which is valid for a period of two years for the proposed exploration activities: Expand its 2025 sonic drill program to test unverified deltaic extensions; Pursue bulk sampling across high-priority polygons identified in the report; Continue geometallurgical and nugget-effect characterization studies. The technical information in this news release has been reviewed and approved by Jean Bernard, geo, an independent qualified person under National Instrument 43-101. About Beauce Gold Fields Inc. Beauce Gold Fields is focused on exploring and developing the largest placer gold district in eastern North America. The company's objective is the trace old placer gold workings back to a bedrock source to uncover economic lode gold deposits. The company's flagship property is the Saint-Simon-les-Mines gold project, site of Canada's first gold rush, that predates the Yukon Klondike. The Beauce region hosted some of the largest historical placer gold mines in eastern North America that were active from 1860s to the 1960s. It produced some of the largest gold nuggets in Canadian mining history (greater than 50 ounces) (source SEDAR+: NI 43-101 report -- Beauce, July 4, 2018, author: B. Violette). Beauce Gold Fields is currently drilling recently discovered anti-form systems that are believed to have contributed to the development of extensive auriferous placer deposits in Beauce. The company's geological model suggests that placer gold within the Beauce gold paleochannel, including the renowned large nuggets from the 19th century, formed in stressed quartz pockets within layered domed axis of anti-forms, exemplified by Saddle Reef formations. Notable global Saddle Reef formations include the Bendigo goldfields in Australia (over 60 million ounces) and the high-grade Dufferin deposit in Nova Scotia. We seek Safe Harbor.