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Beauce Gold Fields Seeks Permit to Drill Historic Saint-Simon-les-Mines Gold Channel

Story Highlights
  • Beauce Gold Fields has requested Quebec authorization to begin a new drilling and impact exploration campaign at its historic Saint-Simon-les-Mines placer gold project.
  • The 2026 program will use sonic drilling, geophysics and geological work to refine Beauce Gold Fields’ expanded exploration model and validate historic gold data at the site.
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Beauce Gold Fields Seeks Permit to Drill Historic Saint-Simon-les-Mines Gold Channel

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Beauce Gold Fields ( (TSE:BGF) ) has shared an announcement.

Beauce Gold Fields has applied to Quebec’s Ministry of Natural Resources and Forests for authorization to carry out drilling and related impact exploration work on its historic Saint-Simon-les-Mines placer gold property. The move follows a favorable reception from the local municipal council and builds on an expanded conceptual Exploration Target defined in a 2025 technical report, which integrates extensive historical drilling and modern geological modelling.

Subject to regulatory approval, the 2026 program will include sonic drilling of high-priority deltaic zones, additional delineation drilling, seismic refraction surveys and continued geological characterization of the paleoplacer channel. The planned work is intended to refine the conceptual Exploration Target, validate historical data and improve understanding of the ancient gold-bearing channel that underpins Beauce Gold Fields’ strategy to advance this historic district toward potential resource definition.

More about Beauce Gold Fields

Beauce Gold Fields is a Canadian mineral exploration company focused on exploring and developing the largest known placer gold district in eastern North America. Its flagship asset is the Saint-Simon-les-Mines gold project in Quebec, the site of Canada’s first gold rush, where the company aims to trace historic placer workings back to potential bedrock lode gold sources.

Average Trading Volume: 66,118

Technical Sentiment Signal: Buy

Current Market Cap: C$6.93M

For detailed information about BGF stock, go to TipRanks’ Stock Analysis page.

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