Montreal, Quebec — Beauce Gold Fields (Champs D’Or en Beauce) (TSX Venture: “BGF”), referred to as “BGF” or the “Company,” is pleased to announce that it has entered into an agreement to acquire a 100% interest in the France Phosphate Property (“France Property”), located in the Lac-Saint-Jean region of Québec.
The France Property is immediately adjacent to the eastern boundary of the Company’s CH-98 Phosphate Property. Together, the two properties form a continuous block of 102 claims, totaling 5,665 hectares, significantly strengthening BGF’s land position within the Lac-Saint-Jean anorthosite complex, one of North America’s premier phosphate districts.
Patrick Levasseur, President and CEO of Beauce Gold Fields, commented:
“The acquisition of the France Property represents a strategic expansion of our Québec Phosphate initiative. By consolidating a continuous land position adjacent to CH-98, we are building scale in one of Canada’s most important phosphate districts. The presence of widespread apatite mineralization at surface, combined with encouraging grades and favorable geology, strengthens our confidence in the district’s potential. Our focus is to advance near-surface targets that could contribute to secure North American phosphate supply chains.”
Apatite-bearing material was observed directly in road construction aggregate sourced locally
Du matériel contenant de l’apatite a été observé directement dans des granulats utilisés pour la construction de routes et provenant de sources locales.
Highlights of the France Property
The France Property comprises 10 map-designated exploration claims (DEE) and hosts phosphate mineralization identified through historical work and recent prospecting programs.
Key technical highlights include:
- Phosphate Grades: Historical and recent sampling has returned values ranging from approximately 2.1% to 9.1% P₂O₅
- Recent Sampling Results: Prospecting work returned values up to 7.13% P₂O₅, with several samples in the 4%–6% P₂O₅ range
- High Apatite Content: Outcrops commonly contain 5% to 10% apatite, with localized zones and quarry material grading 15% to 20% apatite
- Favorable Host Lithologies: Mineralization hosted in ferro-norite, anorthosite, and ultramafic units typical of phosphate-bearing systems in the region
- Magnetic Targets: North-south trending magnetic anomalies interpreted to reflect oxide-rich and apatite-bearing units
Notably, apatite-bearing material was observed directly in road construction aggregate sourced locally, indicating widespread near-surface phosphate mineralization across the property.
BGF has acquired a 100% interest in the property, free of any net smelter return (NSR) royalty. As consideration for the acquisition, BGF incurred $20,000 in exploration expenditures on the France Property. The vendor is arm’s length to the Company
Complement to CH-98 Property
The France Property complements the Company’s CH-98 Phosphate Property, where previous work confirmed:
- Up to 8.07% P₂O₅ in rock samples
- Production of 38.9% P₂O₅ apatite concentrate with 93.4% recovery through conventional flotation
By consolidating both properties into a single continuous land package, Beauce Gold Fields enhances its ability to:
- Trace favorable phosphate-bearing lithologies across a broader area
- Apply integrated geophysics and geological modeling at the district scale
- Identify and prioritize near-surface targets with potential for development
Next Steps
The Company plans to advance the France Property through:
- Detailed geological mapping and prospecting
- Channel sampling of apatite-rich outcrops
- High-resolution magnetic surveys to delineate favorable units
- Mechanical stripping and washing to expose mineralized zones
These programs will be integrated with ongoing exploration at CH-98 to evaluate the scale and continuity of phosphate mineralization across the combined property.
Strategic Highlights
- District-Scale Consolidation: The acquisition creates a continuous claim package by linking the France Property directly with the CH-98 Property
- Proven Phosphate District: Located within the Lac-Saint-Jean anorthositic suite, host to major phosphate deposits
- Surface Mineralization: Multiple apatite-bearing outcrops identified at surface along accessible forest roads
- Favorable Infrastructure: Property is accessible via maintained forestry roads, facilitating low-cost exploration
The technical information contained in this news release has been reviewed and approved by Christian Tremblay, M.Sc., P.Geo., an independent Qualified Person as defined by National Instrument 43-101.
Pessamit Innu First Nation
Beauce Gold Fields respectfully acknowledges that the CH-98 Phosphate project is located within the traditional territory of the Pessamit Innu First Nation. The company is committed to fostering respectful, transparent and collaborative relationships with local indigenous communities.
Advancing Québec Phosphate
The CH-98 property forms part of Beauce Gold Fields’ broader Québec Phosphate initiative, which targets phosphate occurrences within the Lac-Saint-Jean anorthosite complex, one of North America’s most important phosphate-titanium districts.
Phosphate is essential for fertilizers and is a key component of LFP (lithium iron phosphate) battery cathodes. The Company’s strategy is to advance near-surface targets with potential to contribute to North America’s critical minerals supply chain. Phosphate was recently added to Canada’s and Québec’s critical minerals lists
