Beauce Gold Fields drills 5.0 m @ 1.90 g/t Au and 1.0 m @ 6.59 g/t Au at Grondin

  July 6, 2026 – TheNewswire - Beauce Gold Fields Inc. (Champs d’Or en Beauce) (TSX Venture: BGF) ("BGF" or the "Company") is pleased to announce assay results from Phase 1 of its 2026 diamond drill program at the Grondin Zone, located within the Company’s Beauce Gold Project in Beauceville, Quebec. The 2026 Grondin drilling confirms continued gold mineralization within the Saddle Reef antiform system previously identified in BGF’s 2023 and 2025 drill programs. Hole GR-26-03 returned a broad mineralized interval of 27.0 m grading 0.60 g/t Au from 21.0 m to 48.0 m, including 10.0 m grading 1.30 g/t Au from 21.0 m to 31.0 m and 1.0 m grading 6.59 g/t Au from 22.0 m to 23.0 m.

The result supports the continuity of the Grondin Zone and reinforces the Company’s interpretation of an open, structurally controlled gold system associated with the Beauce paleoplacer district. The 2026 drill campaign is being advanced in two phases. Phase 1 consisted of six diamond drill holes totaling approximately 600 metres and was designed to test the down-dip continuity of known mineralized zones and evaluate induced polarization ("IP") geophysical targets.

Patrick Levasseur, President and CEO of Beauce Gold Fields, commented: "We are very pleased with the Phase 1 results, which continue to validate the Grondin Zone as a shallow, gold-bearing Saddle Reef antiform system. Hole GR-26-03 is an important step forward: it delivered a broad mineralized interval, including higher-grade subintervals, and was still in the target area when drilling was stopped at 48 metres due to a fault and casing issue. Just as importantly, GR-26-05 intersected gold mineralization southwest of the Grondin Zone, supporting our view that the system remains open along strike and that IP-guided drilling can continue to ex