Champs d'Or in Beauce uses a new electromagnetic lifting technology on the former St-Gustave rang gold mine
Newsfile Corp - 15 minutes ago
Montreal, Quebec - (Newsfile Corp. - March 19, 2019) - Beauce Gold Fields ( TSXV: BGF.VN ) ("BGF") is pleased to announce that it is proceeding currently to a high resolution mobile electromagnetic survey (TDEM) using on a new Russian technology. This survey takes place on Rang St-Gustave Road in St-Simon-les-Mines, which is located in the Beauce region of southern Quebec.
Patrick Levasseur, President and CEO of Beauce Gold Fields, said, "By using this new state-of-the-art exploration technology, we will be able to accelerate our understanding of the geology that allows us to reach our goal of circumscribing the rock source of famous deposits of placer gold of Beauce. "
This technology measures electrical chargeability (induced polarization) and electrical conductivity at a horizontal resolution of 15cm. In addition, it allows a vertical penetration of the order of 200m. The method is optimal for detecting narrow ore bodies (auriferous zones) and for prospecting inside bands of formation conductors that are particularly frequent in the Beauceville Formation and throughout the Bellechasse gold belt.
The geophysical team currently consists of a team from the INRS (National Institute for Research and Science), led by Professor Marc Richer-LaFlche, and two geophysicists from Aerogeophysica Surveys (Russia). The work is carried out in continuity with those undertaken in 2018 in the sector. The primary objective of the geophysical survey is to identify potentially mineralized zones that would be the source of the gold contained in the placers of St-Simon-les-Mines.
Image 1
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A geophysical survey along Rang St-Gustave Road (HPQ press release, May 11, 2017) had already identified a major fault under the former gold mining placer of the Beauce Placer Company of the 1960s and under the former St-Gustave mine of 1910 of the company "Champs D'Or Rigaud Vaudreuil".
Robert Gagnon, P. Geo., A qualified person as defined by NI 43-101, has reviewed and is responsible for the technical information presented in this release.
Mobile high resolution unit (TDEM) on St-Gustave Range
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About Beauce Gold Fields
Les Champs d'Or in Beauce Inc. (¨BGF¨) is a gold exploration company.
The Champs d'Or project in Beauce includes a unique gold property located in the municipality of Saint-Simon-les-Mines in southern Quebec. The project consists of 152 claims, 100% owned by BGF. The project contains an unconsolidated gold sedimentary unit six kilometers long (lower saprolite and upper brown diamictite). Gold in saprolite indicates that the source of gold is near and possibly from bedrock, which should provide significant potential for new gold discoveries. The property was the site of many historic gold mines active between 1860 and 1960.
La Beauce is the last historic placer mining camp in Canada that is not explored for its rock-hard gold potential. Our project has many similarities to the White Gold gold projects in the Yukon and those in the Cariboo District in British Columbia. These are historical placer-type mining camps that have been the subject of exploration programs and have allowed the delineation of important gold discoveries in the rock.
A presentation of the Golden Fields of Beauce is available. It can be downloaded via the following link:
https://beaucegold.com/beta/wp-content/uploads/2018/10/BGF-Presentation-Fr-2018.pdf