Drolet Stock Notes on Beauce Gold Fields: Looking for the Gold Source in the Heart of the First Canadian Gold Rush
Mario Drolet, President of MI3 Communications Financières Inc. (MI3), released his Drolet Stock Notes on Beauce Gold Fields Inc. (TSXV: BGF) on February 22, 2021, for exclusive distribution on InvestorIntel. Highlights include:
- Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec, Canada.
- Exploration by BGF discovered a major fault line as the probable source of the placer gold channel.
- Tight capital structure with 37.8M shares outstanding
- BGF recently rebound and trending higher …
- Support: S2; $0.14 S1; $0.17 Resistance: R1; $0.19 R2; $0.21
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 site of Canada’s first gold rush that pre-dates the Yukon Klondike. The Beauce region hosted some of the largest historical placer gold mines in Eastern North America that were active from 1860s to the 1960s. It produced the largest gold nuggets in Canadian mining history (50oz to 71oz). The intent of Beauce Gold Fields is to trace the workings back to the bedrock source and uncover economic gold mineralization.
Comprising 152 contiguous claims and 7 real estate lots, the project area contains a six-kilometer long placer channel consisting of an unconsolidated gold-bearing auriferous units of a lower saprolite and an upper brown diamictite. The Company has calculated a theoretical Gold Exploration Target for the entire historical placer channel ranges between 61,000 ounces (2,200,000 m3 @ 0.87g Au/m3) and 366,000 ounces* (2,200,000 m3 @ 5.22 g Au/m3).
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Disclaimer: This Mario Drolet Stock Notes are produced by MI³ Communications Financières is neither an offer to sell, nor the solicitation of an offer to buy any of the securities discussed therein. The information contained is prepared by MI3, emanating from sources deemed to be reliable. MI3 Communications Financières makes no representations or warranties with respect to the accuracy, correctness or completeness of such information. MI³ Communications Financières accepts no liability whatsoever for any loss arising from the use of the information contained therein. Please take note that for compliance purposes, all directors, consultants or employees of MI3 Communications Financières are prohibited from trading the securities of the company and MI3 Communications Financières is a shareholder and do not intend to sell any shares during the distribution of this report.