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An announcement from Beauce Gold Fields ( (TSE:BGF) ) is now available.
Beauce Gold Fields announced promising results from its summer diamond drill program in Beauceville, Quebec, revealing significant gold-bearing structures within the Saddle Reef antiform. The drilling program, which included 13 holes totaling 970 meters, confirmed the presence of gold mineralization that remains open laterally and at depth, indicating strong exploration potential. Notably, a major fault zone was discovered hosting gold-bearing mineralization, which could lead to additional lode gold discoveries. The company plans to further evaluate this potential through re-examining cores from previous drill holes and conducting detailed mapping and geophysical surveys to refine future drill targets.
More about Beauce Gold Fields
Beauce Gold Fields is a company operating in the mining industry, focusing on gold exploration and development. It is primarily engaged in identifying and developing gold-bearing mineralization in Quebec, Canada, with a particular focus on the Saddle Reef structure in the Beauceville region.
Average Trading Volume: 117,511
Technical Sentiment Signal: Sell
Current Market Cap: C$3.83M
For an in-depth examination of BGF stock, go to TipRanks’ Overview page.