Beauce Gold Fields Commences 2026 Saddle Reef Drill Program at Grondin Zone

(TheNewswire)

April 9, 2026 – TheNewswire - Montreal, Quebec - Beauce Gold Fields (Champs d’Or enBeauce) (TSX Venture: BGF), referred to as“BGF” or the “Company,” is pleased toannounce that diamond drilling has commenced atthe Grondin Zone, located within its Beauce Gold Project inBeauceville, Québec.

This program follows the Company’s February 9, 2026announcement outlining a planned drill campaign of up to 1,500 metrestargeting the Saddle Reef antiform structure.

The 2026 drill campaign will be conducted in twophases. Phase 1 consists of five diamond drill holes totalingapproximately 500 metres. Phase 2 will follow to test of the inducedpolarization (IP) Grondin Zone anomaly PP-2, incorporating resultsfrom Phase 1 and additional geophysical work to refine targeting alongstrike and identify new zones.

Patrick Levasseur,President and CEO of Beauce Gold Fields, commented:“Having the drill now on site marks animportant step forward in advancing the Saddle Reef discovery. Phase 1is designed to test depth extensions and validate continuity ofmineralization, while Phase 2 will allow us to refine and expand ourtargeting based on real-time results and additionalgeophysics.”

Phase 1 Drill Program – GrondinZone

The initial Phase 1 program is designed to test thedown-dip continuity of known mineralized zones and evaluate newgeophysical targets.

• HoleGR-26-01
  This 100-metre hole will test the mineralized zone approximately 100metres southwest and at greater depth (approximately 60 metresvertical) compared to hole GR-25-08 (approximately 30 metresvertical). 

• Hole GR-26-02is planned to 75 metres at -50°, targeting approximately 60 metresvertical depth to test NW flange of the antifoamand under the hole GR-25-02 

• Holes GR-26-03 andGR-26-04
  These holes of aproximatly 130 meters are designed to test the GrondinZone at depth, stepping back from previous holes GR-25-05 andGR-25-06. Depending on results, the holes may be extended to greaterdepth (up to 300 metres),
  These holes aim to determine whether the mineralized zone widens orpersists at depth and to test for additional zones beneath the Grondinshowing. 

• HoleGR-26-05
  Planned to a depth of approximately 55 metres, this hole will test theinduced polarization (IP) anomaly PP-1. In addition, this will be thenortheasternmost hole in the Grondin Zone and will help determinewhether the mineralized zone extends further to thenortheast. 

Phase 2 – Follow-Up and TargetExpansion

Phase 2 of the program will be planned based on:

• Results from Phase 1; 

• Testing of the induced polarization (IP) anomalyPP-2; 

• Additional geophysical surveys to be carried outlaterally along the structure toward the northeast. 

This phase is expected to refine drill targeting andtest newly identified zones, further evaluating the scale andcontinuity of the mineralized system.

Grondin Zone – ExplorationBackground

The Grondin Zone has been the focus of systematicexploration by Beauce Gold Fields since 2023, including multiplediamond drill campaigns, geophysical surveys, geological mapping, andlimited bulk sampling.

Drilling completed in 2023 and 2025 confirmedstructurally controlled gold mineralization associated with a SaddleReef antiform geometry, with mineralization traced over severalhundred metres and remaining open both along strike and atdepth.

The Grondin Zone forms part of the Company’s broaderexploration strategy aimed at identifying the bedrock sources of thehistoric Beauce placer gold deposits. Drilling to date has confirmedgold-bearing mineralization along the Saddle Reef structure over astrike length of approximately 4 kilometres from the Grondin Zone.Subsequent induced polarization (IP) surveys and integrated geologicalinterpretation have outlined an approximately 8-kilometre antiformstructural corridor, providing a large-scale framework for ongoingexploration.

Based on geological, structural, and geochemicalobservations, the Company interprets this antiform-hosted structure asone of the likely bedrock sources contributing to the historicalplacer gold deposits within the Saint-Simon-les-Mines paleoplacerchannel.

Jean Bernard, BSc, Geo, a qualified independent personas defined by National Instrument 43-101, has reviewed and approvedthe technical content of this release.

About Beauce Gold Fields

Beauce Gold Fields is focused on exploring anddeveloping the largest placer gold district in eastern North America.The Company’s objective is the trace old placer gold workings backto a bedrock source to uncover economic lode gold deposits.  TheCompany’s flagship property is the Saint-Simon-les-Mines goldproject, site of Canada’s first gold rush that pre-dates the YukonKlondike.  The Beauce region hosted some of the largest historicalplacer gold mines in Eastern North America that were active from 1860sto the 1960s It produced some of the largest gold nuggets in Canadianmining history (50oz+). (Source Sedar: 43-101 Report - Beauce July4th2018, Author B. Violette)

Beauce Gold Fields is currentlydrilling recently discovered antiform systems that is believed to havecontributed to the development of extensiveauriferous placer deposits in Beauce.  The Company’s geologicalmodel suggests that placer gold within theBeauce Gold paleochannel, including the renowned large nuggets fromthe 19th century, formed in stressed quartz pockets within layereddomed axis of antiforms, exemplified by Saddle Reef formations.Notable global Saddle Reef formations include the Bendigo goldfields in Australia (over 60 million ounces) and the high-gradeDufferin deposit in Nova Scotia.

Beauce Gold Fields website www.beaucegold.com

Disclaimers:

This press release contains certainforward-looking statements, including, without limitation, statementscontaining the words "may", "plan","will", "estimate", "continue","anticipate", "intend", "expect","in the process" and other similar expressions whichconstitute "forward-looking information" within the meaningof applicable securities laws. Forward-looking statements reflect theCompany's current expectation and assumptions, and are subject toa number of risks and uncertainties that could cause actual results todiffer materially from those anticipated. These forward-lookingstatements involve risks and uncertainties including, but not limitedto, our expectations regarding mineral exploration. Such statementsreflect the current views of the Company with respect to future eventsand are subject to certain risks and uncertainties and other risksdetailed from time-to-time in the Company's on-going filings withthe securities regulatory authorities, which filings can be found atwww.sedar.com. Actual results, events, and performance may differmaterially. Readers are cautioned not to place undue reliance on theseforward-looking statements. The Company undertakes no obligation topublicly update or revise any forward-looking statements either as aresult of new information, future events or otherwise, except asrequired by applicable securities laws.

Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.

For further informationcontact

Patrick Levasseur, President and CEO Tel: (514)262-9239

www.beaucegold.com

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