Beauce Gold Fields Receives ATI Authorization to Drill the Saint-Simon-Les-Mines Placer Gold Channel

(TheNewswire)

April 28, 2026 – TheNewswire - Montreal, Quebec, Canada - Beauce Gold Fields (Champs d’Or enBeauce) (TSX Venture: BGF), referred to as“BGF” or the “Company,” is pleased to announce that it hasreceived Authorization for Impact Exploration Work (“ATIAuthorization”) from Québec’s Ministry of Natural Resources andForests (“MRNF”) for its planned 2026 exploration program at theSaint-Simon-les-Mines placer gold project.

The ATI authorizations (ATI-703 and ATI-704) allow theCompany to conduct sonic drilling and seismic refraction geophysicalsurveys within defined exploration polygons of the paleoplacerchannel. The authorizations are valid for a period of two years, untilApril 21, 2028

Patrick Levasseur, President and CEO of Beauce Gold Fields, commented:“The receipt of the ATI authorizations marks an important stepforward for our 2026 exploration program. With these approvals inplace, we can now proceed with sonic drilling and geophysical surveysdesigned to validate and refine our Exploration Target and improve ourunderstanding of the paleoplacer channel geometry and golddistribution. This program represents the next step in systematicallyadvancing one of the most significant historical placer gold systemsin Eastern North America.”

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Image: 3D view of the placer gold channel, inset, cross-section atRang Chaussegros

Exploration Target Context

The authorized work is designed as a follow-up to theCompany’s updated Exploration Target for the Saint-Simon-les-Minespaleoplacer channel defined in the September 3, 2025 technical report,which outlines a range of:

3.86 million m³ @ 0.81 gAu/m³ to 4.9 g Au/m³ (including nugget effect).

The Exploration Target is conceptualin nature. There has been insufficient exploration to define a mineralresource, and there can be no assurance that further exploration willresult in the definition of such a resource.

The authorized work supports the Company’s strategy to furtherevaluate the Saint-Simon-les-Mines paleoplacer channel,including:

• Sonic drilling of high-priority deltaic polygonsidentified in the updated polygonal model; 

• Additional delineation drilling to validate historicaldata integrated into the 2025 reinterpretation; 

• Geophysical seismic refraction surveys to better definethe bedrock topography beneath the overburden; 

• Continued geological and sedimentologicalcharacterization of auriferous horizons within the paleochannelsystem. 

The objective of this work is to further test andrefine the conceptual Exploration Target and improve geologicalunderstanding of the Saint-Simon-les-Mines paleoplacer channel.

The Saint-Simon-les-Mines paleoplacer channelrepresents the core of Canada’s first gold rush district. Historicalmining from the 1860s through the 1960s recovered significant coarsegold, including multi-ounce nuggets.

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 to trace historical placer gold workingsback to their bedrock source in order to uncover economic lode golddeposits.

The Company’s flagship property is theSaint-Simon-les-Mines gold project, site of Canada’s first goldrush, which pre-dates the Yukon Klondike. The Beauce region hostedsome of the largest historical placer gold operations in Eastern NorthAmerica from the 1860s to the 1960s and produced some of the largestgold nuggets in Canadian mining history (50 oz+).
(Source: NI 43-101 Report – Beauce, July 4, 2018, B.Violette)

In parallel, Beauce Gold Fields continues drilling therecently discovered antiform systems that arebelieved to have contributed to the developmentof extensive auriferous placer deposits in Beauce.  The Company’sgeological model suggests that placer goldwithin the Beauce Gold paleochannel, including the renowned largenuggets from the 19th century, formed in stressed quartz pocketswithin layered domed axis of antiforms, exemplified by Saddle Reefformations. Notable global Saddle Reef formations includethe Bendigo gold fields in Australia (over 60 million ounces) and thehigh-grade Dufferin deposit in Nova Scotia.

For more information, please visit 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.sedarplus.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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