Champs D'or en Beauce Echantillonne des Cibles Riche en Apatite sur sa Propriete de Phosphate Ch-98

Executive Summary

• Beauce Gold Fields reported a successful field visit to its CH‑98 phosphate property, confirming historic high‑grade P₂O₅ anomalies and identifying additional surface apatite exposures.
• Surface anorthosite outcrops contain 10–25 % apatite; grab samples show up to 8.59 % P₂O₅ and adjacent stream sediments with 1.5 % elemental phosphorus, indicating a localized enrichment zone.
• The company outlined a multi‑phase exploration program (surface stripping, high‑resolution magnetic surveys, geophysical‑guided trenching) aimed at advancing near‑surface targets that could feed North American critical mineral supply chains for fertilizers and LFP battery cathodes.

Key Details

• Historic Sample (CH‑98‑61): MERN Québec 1998 analysis reported 8.59 % P₂O₅ from an apatite‑rich anorthosite outcrop.
• Stream Sediment Sample: Nearby stream sediment yielded 1.5 % elemental phosphorus (15 000 ppm P), confirming local phosphate enrichment.
• Surface Anorthosite Outcrops: Exposures along Lac Froid forest road show 10–25 % coarse‑yellow‑green apatite within granoblastic anorthosite; a similar erratic block found ~150 m away suggests additional targets.
• Fe‑Ti‑P Host Rocks (East): Mapping identified gabbro‑norite containing 5–10 % apatite, consistent with conventional Fe‑Ti‑P horizons in the Lac‑Saint‑Jean anorthositic suite.
• Potential Massive Oxide Zones (North): Historical rock sample analysis reports 64.42 % Fe₂O₃(t), 21.4 % TiO₂, 0.25 % V, indicating possible large‑scale Fe‑Ti oxide mineralization.
• Sampling Program: Collected ~20 kg bulk grab sample of apatite‑rich granoblastic anorthosite; samples sent to COREM (Québec) for apatite separation tests and P₂O₅ chemistry analysis.
• Planned Exploration Activities:
• Surface stripping of outcrops to delineate lateral extent of high‑apatite zones.
• Acquisition of high‑resolution ground or UAV magnetic surveys to map Fe‑Ti oxide units and structural controls (NE‑SO trending faults).
• Geophysics‑guided trenching, detailed mapping, and systematic grab sampling along identified corridors.
• Follow‑up prospecting in the northern sector for massive oxide targets.
• Strategic Context: CH‑98 aligns with Beauce Gold Fields’ “Québec Phosphate” initiative to develop near‑surface phosphate resources that support North American fertilizer production and lithium‑iron‑phosphate (LFP) battery cathodes—both designated critical minerals by Canada and Québec.

Notable Quotes

“With the apatite‑rich anorthosite exposed at surface and conventional Fe‑Ti‑P anomalies present in the district, CH‑98 fits perfectly into our Québec Phosphate strategy… positioning Beauce Gold Fields as a key player in North‑American phosphate supply chains.” – Patrick Levasseur, President & CEO

Technical information reviewed and approved by Christian Tremblay, B.Sc., P.Geo., qualified person under NI 43‑101.