Beauce Gold Fields Acquires 100% Interest in France Phosphate Property

Montréal, Québec — May 6, 2026 — Leads & Copy — Beauce Gold Fields has acquired 100% interest in the France phosphate property in the Lac-Saint-Jean region of Quebec.

The France property is located immediately east of the company’s CH-98 phosphate property. Together, the two properties form a continuous block of 102 claims totaling 5,665 hectares. This consolidation strengthens Beauce Gold Fields' position in the Lac-Saint-Jean anorthositic complex, a major phosphate district in North America.

Patrick Levasseur, President and CEO of Beauce Gold Fields, stated that the acquisition is a strategic expansion of their Quebec Phosphate initiative. He added that consolidating a continuous block of claims adjacent to CH-98 increases the company's scale in one of Canada's most important phosphate districts. The widespread presence of apatite mineralization on the surface, combined with encouraging grades and favorable geology, reinforces the company's confidence in the district's potential. The company’s objective is to advance near-surface targets that could help secure North American phosphate supply chains.

Apatite-containing material has been observed directly in aggregates used for road construction from local sources.

The France property includes 10 map-designated exclusive exploration rights (EERs) and contains apatite mineralization identified from historical work and recent prospecting programs.

Highlights include:

Phosphate Grades: Historical and recent sampling returned values ranging from approximately 2.1% to 9.1% P₂O₅.
Recent Results: Prospecting work returned values up to 7.13% P₂O₅, with several samples in the 4% to 6% P₂O₅ range.
High Apatite Content: Outcrops generally contain 5% to 10% apatite, with localized zones and quarry material reaching 15% to 20% apatite.
Favorable Lithologies: Mineralization hosted in ferro-norite, anorthosite, and ultramafic units typical of phosphate systems in the region.
Magnetic Targets: North-south oriented magnetic anomalies interpreted as reflecting oxide- and apatite-rich units.

Apatite-containing material has been observed in aggregates used for road construction from local sources, indicating widespread and near-surface phosphate mineralization across the property.

Beauce Gold Fields acquired a 100% interest in the France property, free of NSR royalties, in exchange for a commitment of $20,000 in exploration work on the property. The vendor is arm’s length to the company.

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 an apatite concentrate at 38.9% P₂O₅ with a recovery rate of 93.4% by conventional flotation

By combining the two properties into one continuous block, Beauce Gold Fields enhances its ability to:

Track favorable phosphate-bearing lithologies over a larger area.
Apply integrated geophysical surveys and geological modeling at the district scale.
Identify and prioritize near-surface targets with development potential.

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.

This work will be integrated with ongoing exploration activities on CH-98 to assess the extent and continuity of phosphate mineralization across the combined properties.

Strategic highlights include:

District-Scale Consolidation: The acquisition creates a continuous block of claims directly linking the France property to CH-98.
Recognized Phosphate District: Located in the Lac-Saint-Jean anorthositic complex, host to major phosphate deposits.
Surface Mineralization: Multiple apatite-rich outcrops identified along accessible logging roads.
Favorable Infrastructure: Access via maintained logging roads, facilitating low-cost exploration.

Christian Tremblay, M.Sc., geo., an independent qualified person under Regulation 43-101, has reviewed and approved the technical information in this release.

Beauce Gold Fields acknowledges that the CH-98 phosphate project is located on the traditional territory of the First Nation of the Innus of Pessamit. The company is committed to maintaining respectful, transparent, and collaborative relationships with local Indigenous communities.

The CH-98 property is part of Beauce Gold Fields’ Quebec Phosphate initiative, which targets phosphate occurrences within the Lac-Saint-Jean anorthositic complex, one of the largest phosphate districts in North America.

Phosphate is essential for fertilizer production and a key component in LFP (lithium iron phosphate) battery cathodes. The company’s strategy is to advance near-surface deposits that could contribute to the North American supply chain of critical minerals. Phosphate has recently been added to the lists of critical minerals by Canada and Quebec.

Champs d’Or en Beauce Inc. (BGF) is a gold exploration company focused on exploration in the Beauce region of southern Quebec. The company’s flagship property is the St-Simon-les-Mines gold project site.

Beauce Gold Fields explores recently discovered antiform systems that may have contributed to the development of the vast Beauce gold placers. The company’s geological model suggests that placer gold in the Beauce Gold paleochannel, including the large nuggets of the 19th century, formed in quartz tension pockets within the stratified dome antiform axes, exemplified by Saddle Reef formations. Notable global Saddle Reef formations include the Bendigo goldfields in Australia and the Dufferin deposit in Nova Scotia.

Source: Beauce Gold Fields