Beauce Gold re-examines drill core from old programs

Executive Summary

• Discovery of a gold‑mineralized fault line in drill hole GR‑25‑08 returned 0.8 g/t Au over 9.5 m (including 2.3 g/t Au over 1.0 m).
• Company will re‑assay 920 core samples from 2025 and 2023 programs plus additional 14 holes from the 2021 program to target similar fault‑hosted mineralization.
• Geophysical reinterpretation identifies a major parallel fault line, expanding the exploration target area beyond the known Saddle Reef structures.

Key Details

• Assay Result (GR‑25‑08): 0.8 g/t Au over 9.5 m; 2.3 g/t Au over 1.0 m.
• Core Samples for Re‑assay:
• 2025 program (Giroux & Grondin): 12 holes, 712 samples.
• 2023 program (Grondin): 5 holes, 208 samples.
• Total re‑evaluated/submitted: 920 core samples.
• Additional Re‑assay Work: 14 holes from the 2021 Saint‑Simon‑les‑Mines program will also be re‑examined and assayed.
• Geophysical Insight: INRS 2018 surveys reinterpreted to show a major fault line parallel to Saddle Reef and the paleoplacer channel; 2021 report recommends follow‑up drilling along this fault.
• QA/QC Procedures: HQ cores split, half sampled and sealed for assay at MSALabs (Val d’Or, QC); standards and blanks inserted on site; samples dried, crushed to ≤ −2 mm, split into 500 g portions, analyzed by photon‑based gamma‑ray assay.
• Technical Review: Independent qualified person Jean Bernard, BSc, Geo, reviewed and approved the technical content per NI 43‑101.

Notable Quotes

“This fault‑hosted discovery confirms the presence of a new gold‑bearing environment on the property… Assaying cores with similar lithologies could quickly add new targets and advance our understanding of this system.” – Patrick Levasseur, President & CEO, Beauce Gold Fields Inc.