Champs D'or En Beauce Presente Son Programme de Forage Sonic 2026 Sur le Canal Aurifere Paleoplacer de Saint-Simon-Les-Mines
Beauce advances sonic drilling at its historic Quebec paleoplacer channel project despite ongoing cash burn.
Beauce Gold Fields Inc. (BGF) announced the planned first phase of its 2026 sonic drilling program targeting the Saint-Simon-les-Mines paleoplacer channel in southern Quebec. The initial phase will consist of 20–30 sonic drill holes concentrated in the western portion (De Léry and Chaussegros sectors) of the ~6 km long channel. Drilling aims to test basal sedimentary horizons, saprolite, and fractured bedrock, with historical holes twinned for comparison.
The company has secured the required ATI (Impact Assessment Authorization) from the Quebec Ministry of Natural Resources and Forestry. Drilling is scheduled to commence after November 15, 2026, following the local hunting season. A planned refraction/reflection seismic survey was cancelled due to high costs associated with third-party explosive sources.
The Exploration Target remains unchanged at 4,004,674 to 5,991,229 cubic metres grading 2.02 g Au/m³ to 12.0 g Au/m³.
Beauce Gold Fields Inc. (BGF) released an announcement that serves as an expected, incremental step following the June 2026 exploration target update and the September/October 2026 financings. The update confirms operational progress and regulatory clearance but introduces no new geological data, assay results, or resource definitions.
The cancellation of the seismic survey highlights budget constraints but does not materially alter the core exploration thesis. The news is routine and aligns with the company's stated 2026 work plan. It does not represent a market-moving event or a change in the fundamental risk/reward profile.
Beauce Gold Fields Inc. (BGF) is an exploration-stage company focused on the Beauce region in Southern Quebec, Canada. Its flagship project is the Saint-Simon-les-Mines paleoplacer channel, a roughly 6 km buried gold-bearing channel located within the Gilbert River paleovalley. This site was the location of Canada's first gold rush, predating the Klondike, with historical production of significant coarse gold and large nuggets occurring from the 1860s to the 1960s.
The company also holds additional projects, including the Grondin Zone, which features lode gold and a Saddle Reef antiform, the Ditton Property, and the France and CH-98 phosphate properties. Beauce Gold Fields is in the exploration stage, and the company explicitly states that insufficient exploration exists to define a mineral resource. Consequently, all targets remain conceptual.