TSX Venture Exchange|Ticker Symbol: BGF
Quebec, Canada

Quebec
Phosphate CH-98

Advancing a high-purity apatite-phosphate project in the Lac-Saint-Jean region of Québec.

CH-98 is a robust, high-grade phosphate concentrate with exceptional recovery — positioned to power critical industries and global food security.

Follow|

QUÉBEC PHOSPHATE PROJECT

Québec Phosphate Project

Advancing CH-98: A Québec Apatite-Phosphate Project in the Lac-Saint-Jean Anorthosite Complex

Beauce Gold Fields is advancing its CH-98 Phosphate Property, located in the Lac-Saint-Jean region of Québec, within one of North America’s important igneous phosphate districts.

The Company’s Québec Phosphate strategy is focused on near-surface apatite-bearing targets with potential to contribute to North American phosphate supply chains for fertilizer, purified phosphoric acid, and lithium iron phosphate (LFP) battery materials.

KEY HIGHLIGHTS

  • CH-98 Property: In the Lac-Saint-Jean anorthosite complex

  • Combined Land Package: 102 claims totalling 5,665 hectares

  • Confirmed Phosphate Assays: Up to 8.07% P₂O₅ from apatite rock sampling

  • Historical Showing Confirmed: CH-98-61 historical government sample reported 8.59% P₂O₅

  • Metallurgical Test Work: COREM flotation tests produced a 38.9% P₂O₅ concentrate with 93.4% recovery

  • Low Impurity Profile: MER of 0.05 reported in concentrate characterization

Québec Phosphate — Beauce Gold Fields
Field sampling at CH-98 Phosphate PropertyApatite-bearing rock sample

CH-98 Metallurgical Test Results

High-Purity Apatite Concentrate Produced by COREM

Independent metallurgical flotation test work completed by COREM confirmed that apatite mineralization from the CH-98 Property responds well to conventional flotation processing and can produce a high-grade, low-impurity apatite concentrate.

Key Results
CONCENTRATE GRADE
38.9%P₂O₅
P₂O₅ RECOVERY
93.4%
APATITE PURITY
~94%apatite gravimetric
NET IMPURITY RATIO
0.05
Conventional Flotation Process
  1. CH-98 ORE
    CH-98 ORE
    Apatite-bearing anorthosite
  2. GRINDING
    GRINDING
    Coarse grind testing up to P80 of 300 μm
  3. FLOTATION
    FLOTATION
    • Fatty acid collector (TP-CL1) • Corn starch depressant (TP-C33) • Sodium silicate
  4. HIGH-PURITY APATITE CONCENTRATE
    HIGH-PURITY APATITE CONCENTRATE
    • 38.9% P₂O₅ grade • 93.4% P₂O₅ recovery • MER of 0.05
Test Work Images
  • FLOTATION FROTH
    FLOTATION FROTH

    Strong and resilient froth during rougher flotation.

  • FINAL CLEANER CONCENTRATE (DRY)
    FINAL CLEANER CONCENTRATE (DRY)

    High-grade apatite concentrate produced.

  • LARGE APATITE CRYSTALS
    LARGE APATITE CRYSTALS

    Visible, well-formed apatite crystals in high-grade CH-98 ore.

Test Work Highlights
  • Tests completed by COREM (Report No. T3913 — Rev. 3)
  • Best results achieved at P80 of 300 μm
  • High-grade (>39% P₂O₅) concentrate at grind size tested
  • Low impurity and low radioactive elements (U, Th)
  • Conventional reagents and flowsheet

See COREM Report No. T3913 — Revision 3 dated March 2, 2026.

Potential End Markets
Fertilizer Supply Chains
LFP Battery Supply Chains
CH-98 satellite map showing Quebec Phosphate property, Ariane Phosphate and First Phosphate

Project Location & Infrastructure + map

The CH-98 Property is located in the Lac-Saint-Jean region of Québec and is hosted within the Lac-Saint-Jean anorthosite complex, a geological environment known for apatite-bearing anorthosite, gabbro-norite and related phosphate-titanium mineralization.

The property is accessible by maintained forestry roads, which may support cost-effective early-stage exploration, mapping, sampling and geophysical work.

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.

Development Roadmap
  1. Exploration
    • Target generation
    • Mapping & sampling
    • Geophysics
  2. Metallurgy
    • Test work
    • Flow sheet optimization
    • Value-added technology
  3. Resource Delineation
    • Drilling
    • Resource modeling
  4. Economic Studies
    • Scoping studies
    • Market analysis
  5. Permitting
    • Environmental
    • Social engagement
    • Regulatory
  6. Production
    • Construction
    • Operations
    • Creating value
Québec wilderness

A disciplined, transparent and sustainable approach to unlocking long-term value for Québec and beyond.

Why Phosphate Matters
LFP lithium-iron-phosphate battery unit

Phosphate is essential to global food security through fertilizer production. It is also a key input for LFP battery cathodes, a fast-growing battery chemistry used in electric vehicles, energy storage, data centres, robotics and industrial applications.