Beauce Gold Fields (OTCMKTS:BGFGF) (CVE:BGF) Stock Continues to Trade in a Narrow Range
Beauce Gold Fields (OTCMKTS:BGFGF) (CVE:BGF) is in a range after announcing interim gravimetric findings from the glacial till testing of gravel and sand pits on the Ditton and Chesham section soft s Megantic placer to the southern Quebec located hard rock exploration asset.
Market Stats
On Thursday, BGFGF stock ended flat at $0.0800 with more than 18 shares, compared to its average volume of 4.9k shares. The stock has moved within a range of $0.0800 – 0.0800 after opening trading at $0.0800.
Beauce Gold Fields Megantic Property: All 10 Ditton Samples Returned Coarse Gold Grains
There were coarse gold granules across the ten Ditton assays. The purpose of the testing was to look at gold (Ag) in till anomaly along the Bella Fault’s southern part.
The company’s CEO and President Patrick Levasseur said that it’s incredible to be able to retrieve gold from each point tested from a working quarry. The fine angular morphologies of the recovered gold from both places suggest minimal transport and a proximate source, rendering these high-priority prospects for exploring for lode gold resources.
An operational gravel pit adjoining the village of La Patrie in Ditton Township yielded coarse gold granules and one gem in all ten till specimens taken. The quarry covers an area of approximately 0.5 hectares. So, BGFGF is worth watching in the coming weeks.
Key Quote
Patrick Levasseur, President and CEO of Beauce Gold Fields said, “Recovering gold out of every point sampled from an operating quarry is just outstanding.” Mr. Levasseur added: “The delicate angular shapes of the gold recovered from both localities suggests little transportation and a proximal source making these high priority targets to explore for lode gold deposits.”