Beauce Gold Fields Enhances Historical Maps of The Largest Placer Gold Mines in Eastern Canada
08 Julho 2019 - 4:27PM
Beauce Gold Fields (Champs D’Or en Beauce) (BGF) (TSX
Venture: ¨BGF¨) is pleased to announce it has completed
digital enhancements of historical maps of former gold mining
companies that were once active on the company’s St-Simon Les Mines
property. By studying old maps, pertinent details could be
extrapolated that might provide information in our exploration
efforts to find a lode gold deposit as to the origins of the gold
placers mined in the 19th & 20th centuries.
Patrick Levasseur, President and CEO of Beauce
Gold Fields, said, "Studying historical documents is an import part
of our exploration program. By scrutinizing all available
documents, some dating back to 1860s, valuable information
that could potentially lead to a lode gold discovery of the
St-Simon-les-Mines placers could be identified.” Mr Levasseur
further stated, “In fact, it was by following up on old historical
accounts that the multi-million ounce White Gold deposit in the
Yukon was found. This was the first time since the Klondike
Gold Rush that a lode gold deposit was found as the source of
a placer gold deposit.”
Newly discovered 1910 historical placer
gold mine
Two 1910 blueprints of the Champ D’Or Rigaud
Vaudreuil company placer gold mine are the only documents know to
date that indicate that an underground placer mine once operated on
Rang St-Gustave Road. A 1935 areal photograph revealing mine works
corroborated the existence of the St-Gustave mine. The mine
was in the path of the 1960s gold dredging operation and the area
was subsequently completely stripped by the electric dragline that
worked ahead of the Yuba dredge. Today, no surface evidence
of the mine remains. Life of mine and or gold recovered is
unknown. Source GM17056-B, Areal photo National Air Photo
Library of the Natural Resource Archives of Canada.
1986 Compilation Map of the Gilbert
River Placer Gold Channel
Interest in the Beauce was renewed in 1985 when
the Quebec government took back mineral rights from landowners and
made southern Quebec available for staking. Coniagas Mines
Ltd. (“Coniagas”) and Macamic Resources Inc. (“Macamic”)
investigated the Beauce property with extensive overburden
RC-drilling along the placer gold channel. Digital
enhancements and colorization of some of the maps has help with
image overlays to geo-locate features for data compilation. The
example above (image one) is a compilation map outlining the
historical placer gold channel along 4.5 km delimited by three
periods (1898, 1958 and 1986).
Also of interest is the indication of a
historical placer gold reserves measured along various segments of
the placer channel. Source: GM42988, Beauce Gold Fields 43-101
Report July 4, 2018.
The reader is reminded that all discussions on
historical mineral estimates or gold grades shown within the images
of this press release are largely based on historical data in the
terms of the current NI 43-101 conventions; and that Beauce Gold
Fields has not done sufficient work to a) validate gold grades and
b) to classify the historical estimates as current mineral
resources or mineral reserves; and that the Company is not treating
the historical estimates as current mineral resources or
reserves.
Robert Gagnon, P. Geo., a qualified person as
defined by NI 43-101, has reviewed and approved the technical
information presented in this release.
About Beauce Gold Fields
Beauce Gold Fields is a gold exploration company
focused on placer to hard rock exploration in the Beauce region of
Southern Quebec. The Company’s flagship property is the
St-Simon-les-Mines Gold project, a unique, historically significant
gold property located in the municipality of Saint-Simon-les-Mines.
Comprising of a block of 152 claims as well as 7 real estate lots,
the project area hosts a six kilometre long unconsolidated
gold-bearing sedimentary unit (a lower saprolite and an upper brown
diamictite). Textural observations (angularity) of gold nuggets
suggest a relatively proximal source and therefore a short
transport distance. The gold in saprolite indicates a close
proximity to a bedrock source of gold, providing possible further
exploration discoveries. The property was host to Canada’s
first gold rush before the one in the Yukon Klondike. It
hosts some of the largest historical placer gold mines in Eastern
North America that were active from 1860s to the 1960s (see HPQ
SEDAR-filed July 4 2018 43-101 report).
Beauce Gold Fields website
www.beaucegold.com
BGF Presentation:
http://beaucegold.com/wp-content/uploads/2019/04/BGF-Presentation-20191.pdf
Disclaimers:
This press release contains certain
forward-looking statements, including, without limitation,
statements containing the words "may", "plan", "will", "estimate",
"continue", "anticipate", "intend", "expect", "in the process" and
other similar expressions which constitute "forward-looking
information" within the meaning of applicable securities laws.
Forward-looking statements reflect the Company's current
expectation and assumptions, and are subject to a number of risks
and uncertainties that could cause actual results to differ
materially from those anticipated. These forward-looking statements
involve risks and uncertainties including, but not limited to, our
expectations regarding mineral exploration. Such statements reflect
the current views of the Company with respect to future events and
are subject to certain risks and uncertainties and other risks
detailed from time-to-time in the Company's on-going filings with
the securities regulatory authorities, which filings can be found
at www.sedar.com. Actual results, events, and performance may
differ materially. Readers are cautioned not to place undue
reliance on these forward-looking statements. The Company
undertakes no obligation to publicly update or revise any
forward-looking statements either as a result of new information,
future events or otherwise, except as required by applicable
securities laws.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
For further information
contact
Patrick Levasseur, President and CEO Tel: (514)
262-9239 Bernard J. Tourillon, Chairman and COO Tel (514) 907-1011
www.beaucegold.com
Three maps accompanying this announcement are
available at :
https://www.globenewswire.com/NewsRoom/AttachmentNg/cee77260-fbfa-427d-bd68-7a25f1570563
https://www.globenewswire.com/NewsRoom/AttachmentNg/75b6a028-35ce-4834-9ba1-2eefbe2cb6d0
https://www.globenewswire.com/NewsRoom/AttachmentNg/19be7520-34f5-4ae8-90b1-1d8ccda5600d
Beauce Gold Fields (TSXV:BGF)
Gráfico Histórico do Ativo
De Jul 2024 até Ago 2024
Beauce Gold Fields (TSXV:BGF)
Gráfico Histórico do Ativo
De Ago 2023 até Ago 2024