Drill Results
Beauce Gold Fields Commences 2026 Saddle Reef Drill Program at Grondin Zone
New drill program kicks off on Saddle Reef, confirming ongoing exploration momentum

Executive Summary
- On 2026‑04‑09 Beauce Gold Fields announced the commencement of its Phase 1 drilling campaign at the Grondin Zone of the Beauce Gold Project (“Saddle Reef” antiform).
- Up to five holes (~500 m total) will test down‑dip continuity of known gold mineralisation and new IP anomalies. Results will guide a planned Phase 2 (up to 1,500 m total).
- The program builds on 2023‑2025 work that identified a ~4 km strike‑length gold corridor open at depth and along strike.
- Technical content was reviewed and approved by qualified person Jean Bernard (NI 43‑101).
Material Impact
- Materiality: The announcement is an operational update that was expected after the 2025‑2026 model work; it does not introduce new financing, resource estimates or commercial milestones. Consequently it is classified as Routine – Positive.
- Alignment with prior expectations: Earlier releases (Dec 2025 drill‑success report, Feb 2026 ATI application) signalled an imminent follow‑up drilling campaign. The news confirms that schedule and scope are on track.
- Impact on valuation: No immediate financial impact; the market already priced in the upcoming drill program. The share price remained at $0.04 before the release, indicating the information was largely anticipated.
BGF · Price
Company Overview
- Beauce Gold Fields Inc. is a junior explorer focused on two core assets in Québec:
1. Saddle Reef gold discovery (Grondin Zone) – an antiform structure with documented gold mineralisation over ~4 km strike, open at depth; the current flagship exploration target.
2. CH‑98 phosphate property – near‑surface apatite‑rich anorthosite in the Lac‑Saint‑Jean district, targeted for North‑American fertilizer and LFP battery markets.
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Jul 07, 2026 · 15:45