Northwire Canada EditionTuesday, November 10, 2026
Northwire
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Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0% Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0%
Technical Study

Beauce Gold Fields Annonce des Analyses de Phosphate Jusqu'a 8,07 % P2O5 des Essais Metallurgiques Produisent un Concentre a 38,9 % avec une Recuperation de 93,4 %

Beauce Gold Fields validates high-grade phosphate potential at CH-98 while advancing its flagship Quebec gold projects.

Executive Summary

The most recent news (March 12, 2026) reports analytical and metallurgical results from the CH-98 phosphate property in Quebec. Key findings include rock samples assaying up to 8.07% P2O5, confirming historical data. More critically, metallurgical tests conducted by COREM achieved a high-grade concentrate of 38.9% P2O5 with a high recovery rate of 93.4% using conventional flotation. The concentrate also showed low impurities (MER of 0.05) and trace amounts of rare earth oxides (0.19% TREO).

Material Impact

The news is Routine - Positive. While the metallurgical results are technically excellent (exceeding the 35% P2O5 benchmark for high-grade concentrate), this is an incremental step in the company’s "Quebec Phosphate" initiative, which remains secondary to its flagship gold projects. - Technical Validation: The 93.4% recovery rate and 38.9% grade prove the apatite is amenable to standard processing, reducing metallurgical risk. - Strategic Positioning: It aligns the company with the North American critical minerals supply chain (fertilizers and LFP batteries). - Context: This follows the November 2025 announcement of finding apatite-rich anorthosite. While positive, the market typically assigns lower value to early-stage phosphate results compared to the company's high-grade gold targets at Saint-Simon-les-Mines.

BGF · Price
Company Overview

Beauce Gold Fields is focused on exploring the Saint-Simon-les-Mines gold district in Quebec, the site of Canada's first gold rush. - Flagship Project: The Saint-Simon-les-Mines property, which hosts a major paleoplacer gold channel. - Key Discovery: The "Saddle Reef" antiform structure, which the company believes is the hard-rock source of the historical placer gold. - Secondary Asset: The CH-98 Phosphate property, targeting critical minerals for the battery and fertilizer sectors.

Read the original news release →

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