Beauce Gold Fields Reports Phosphate Assays of 8.07% P2O5, Metallurgical Tests Produce 38.9% Concentrate with 93.4% Recovery

(TheNewswire)

March 12, 2025 – TheNewswire - Montreal, Quebec, Canada - BGFBeauce Gold Fields (Champs d’Or enBeauce) (TSX Venture: BGF), referred to as“BGF” or the “Company,” is pleased to report analyticalresults from apatite rock samples collected on its CH-98Phosphate Property in the Lac-Saint-Jeanregion of Québec, along with metallurgical test results conducted byCOREM onapatite-bearing material collected from the property.  The resultsfollow the Company’s November 17, 2025 pressrelease, which reported the presence ofapatite-rich anorthosite and confirmed the historic CH-98-61phosphate showing.

Patrick Levasseur, President and CEO ofBeauce Gold Fields, commented: “Theassays confirm significant phosphate values at the CH-98-61 showing,while COREM test work demonstrates that apatite from the property canbe upgraded to a high-grade phosphate concentrate using conventionalflotation methods. These results support the CH-98 property as apromising component of our Québec Phosphate strategy. Our goal is toadvance near-surface targets and position Beauce Gold Fields tocontribute a secure North American phosphate supplychain.”

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Image: Apatite-bearing anorthosite rock sampleCH-98-61

Apatite Rock AssayResults

During the 2025 field visit tothe CH-98 property, apatite rock samples collected from five locations includingsamples taken directly from the CH-98-61 outcrop showing, weresubmitted for analysis to ALS Canada Ltd. in Val-d’Or,Québec, for whole-rock geochemicalanalysis using XRF methods.

Results include:

The 8.07% P?O? result from sampleCH-98-61 confirms the high-gradephosphate values previously reported from historical governmentsampling, which recorded 8.59% P?O? from the same outcropshowing.  The sampled rocks consist primarily of apatite-bearing anorthosite, a knownhost lithology for phosphate deposits within the Lac-Saint-Jean anorthositic suite.

COREM Metallurgical TestResults

A 20 kg rock sample of apatite-bearing material fromthe CH-98-61 outcrop was submitted to COREM(Québec City) to evaluate the potentialto produce an apatite concentrate by flotation.

COREM flotation tests demonstrated that the materialresponded well to conventional mineral processing methods.

Key results include:

• Production of high-grade apatite concentratesexceeding 35% P?O? 

• Best flotation test produced 38.9%P?O? concentrate 

• 93.4% P?O? recovery 

• Low impurity levels with MER(minor element ratio) of 0.05 

These results indicate that apatite contained in theCH-98 material can be effectively upgraded using conventionalflotation techniques.

Additional characterization of the concentrateshowed:

• 0.19% total rare earth oxides (TREO) 

• Low thorium (<5 ppm) and uranium (1.3 ppm) 

The metallurgical testing was conducted on materialcontaining approximately 5.6% P?O? in the feedsample prior to concentration.

The apatite concentrate grades obtained in the COREM flotation testsare comparable to concentrate grades reportedby advanced phosphate projects in the Lac-Saint-Jean anorthositedistrict, where concentrates commonlyrange from approximately 35% to 40% P?O? following flotation beneficiation. The test work completedon material from the CH-98 property produced concentrates grading upto 38.9% P?O? with 93.4%recovery, demonstrating that apatitemineralization from the property can be upgraded using conventionalflotation techniques consistent with those used by other phosphatedevelopments in the region.

Next Steps

The Company plans to advance exploration on the CH-98property through:

• Detailed mapping and prospecting 

• Channel sampling of apatite-bearing outcrops 

• Geophysical surveys to trace favourable lithologies andstructures 

• Evaluation of additional metallurgical samples 

These activities aim to determine the lateralcontinuity and scale of apatite mineralization on the property.

Quality Assurance / QualityControl

Rock samples collected during the 2025 field programwere delivered to ALS Canada Ltd. in Val-d’Or,Québec, an ISO-certified analyticallaboratory. Samples were crushed, split, and pulverized prior toanalysis. Whole-rock geochemistry, including P?O?, was determined by X-ray fluorescence (XRF)analysis following lithium borate fusionpreparation.

The analytical program included internal laboratoryquality control procedures including standards, blanks, andduplicates. ALS Canada operates under internationally recognizedquality assurance protocols to ensure analytical accuracy andprecision. The Company’s qualified person has reviewed thelaboratory analytical procedures and considers them appropriate forthe style of mineralization being tested.

Metallurgical test work on material from theCH-98 property (Passes-Dangereuses area) was conducted by COREM,Québec City, an independent mineral processing research center.Approximately 13.8 kg of representative rock material was prepared bycrushing and homogenization before being split into test charges forflotation experiments.

The sample was characterized by XRF analysis prior totesting and contained approximately 5.6% P?O? in the head sample.Flotation tests were carried out in laboratory Denver flotation cellsusing a reagent scheme including fatty acid collectors and depressantsto separate apatite from silicate and iron-bearing minerals.

Multiple flotation tests were conducted at varyinggrind sizes to evaluate concentrate grade and recovery. The resultsreported represent the outcomes of controlled laboratory testconditions designed to evaluate the potential to produce an apatiteconcentrate and do not represent process optimization or economicfeasibility studies. The Company’s Qualified Person has reviewed theCOREM metallurgical procedures and considers the test work appropriatefor preliminary evaluation of phosphate mineralization from the CH-98property.  Source COREM T3913 Final Report

The technical information contained in this newsrelease has been reviewed and approved by Christian Tremblay, M.Sc., P.Geo., an independent Qualified Person as defined by NationalInstrument 43-101.

Advancing Québec Phosphate

The CH-98 property forms part of Beauce Gold Fields’broader Québec Phosphateinitiative, which targets phosphateoccurrences within the Lac-Saint-Jean anorthositecomplex, one of North America’s mostimportant phosphate-titanium districts.

Phosphate is essential for fertilizers and is a key componentof LFP (lithium iron phosphate) battery cathodes. The Company’s strategy is to advancenear-surface targets with potential to contribute to North America’scritical minerals supply chain.  Phosphate was recently added toCanada’s and Québec’s critical minerals lists

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 old placer gold workings back toa 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 fromthe 1860s to the 1960s. These operationsproduced some of the largest gold nuggets inCanadian mining history (50oz+). (Source Sedar: 43-101 Report - BeauceJuly 4th 2018, Author B. Violette)

Beauce Gold Fields is currentlydrilling recently discovered antiform systems that are believed tohave contributed 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 withinlayered domed axes of antiformstructures, exemplified by Saddle Reefformations. Notable global Saddle Reef formations includethe Bendigo gold fields in Australia (over 60 million ounces) and thehigh-grade Dufferin gold 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 regulatoryauthorities, which filings can be found at www.sedarplus.ca. Actualresults, events, and performance may differ materially. Readers arecautioned not to place undue reliance on these forward-lookingstatements. The Company undertakes no obligation to publicly update orrevise any forward-looking statements either as a result of newinformation, future events or otherwise, except as required byapplicable 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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