Northwire Canada EditionSunday, July 26, 2026
Northwire
B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Drill Results Routine +

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 Beauc​e 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.
Read the original news release →

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