Northwire Canada EditionSunday, November 8, 2026
Northwire
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
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 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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