Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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GL Panning4 Gold

French to English translation

New gold rush ... Beauce

Pierre Theroux. Affairs. 20-11-2010

It is in the gravel and sand from the river Gilbert, Beauce, which was discovered by chance in the 1830s the first nugget of gold that would lead to a first gold rush, long before the Klondike in the Yukon . The two largest known gold nuggets, McDonald's (45 ounces) and St. Onge (42 ounces), from the sector.

Beauce she is preparing to experience a new gold rush? This country attracts entrepreneurs these days of prospectors in search of deposits that once did shine the regional economy.

This new interest in gold from the Beauce derived from the price and the recent discovery of Bowmore, a small company which has invested Osisko.

"Osisko had already explored the area in the early 2000s before giving up. Bowmore discovery has renewed interest," said Jean-Pierre Thomassin, director of the Association of mineral exploration in Quebec.

In recent months, companies in Quebec and Canada have gained hundreds of mining concessions spin in Chaudière-Appalaches.

In April, Toronto-Golden Hope Mines has even started drilling near Saint-Magloire de Bellechasse in the region. She has already completed over 12,000 meters of drilling over a fifty holes. Samples have demonstrated a level of 27 grams of gold per ton of ore.

"We are extremely encouraged by the presence of intersections of quartz veins in each of the holes, some holes show visible gold. We intend to continue our drilling while we are working to define the continuity of this deposit in what appears to be a structure of very great extent ", underlined President Frank Candido, in August, in a statement.

The Klondike Beauceron

The company has opened an exploration office in Sainte-Justine, concentrates its efforts in a mineralized belt that extends 90 kilometers of the Chaudiere River to St-Fabien de Panet. She acquired a property consisting of 472 exploration rights (claims), covering over 26,000 hectares.

Uragold Bay Resources is also interested in the gold potential of the Beauce. The Montreal-based junior exploration company has acquired exploration rights near Saint-Simon-les-Mines, near Beauceville. Uragold follows in the footsteps of the old company Beauce Placer Mining Company which, by dredging the river in the early 1960s, there would extract more than 4000 ounces of gold.

Uragold think also find gold deposits in the Eastern Townships Eastern Townships, where it recently acquired exploration rights to the McDonald property spanning over 425 km2 between Sherbrooke and the U.S. border. The three exploration sites are located in the region of Martinville, about twenty miles south of Sherbrooke, Saint-Edwidge and the region of Hereford, near Vermont.

Other companies, including Fancamp, Midland and Nevado, also hold titles in Chaudière-Appalaches.

Beauce boasts of having been the first gold rush in Canada. It is said that in the 1830s, the young Clothilde Gilbert has discovered a gold nugget of 2 ounces and a half across the river Tuft Pine, now River Gilbert. Farmers were quick to swap the fork for the peak in order to sift the merits.

Thirty years later, a new rush, while farmers are 72 ounces of gold in a day's work. The news spread quickly and affluent Americans and Europeans.

Since then, the gold mining continued sporadically in the river alluvium. In 1985, the Company Field Gold boiler became the owner of mineral rights Beauce Placer, but without success. It is estimated that nearly 1.5 tons of gold mined in the Beauce region over the years. "If there's gold in the river bottom, is there a source that hopes to find," said Mr. Thomassin. But, as gold has been transported by glaciers, is not certain that the deposit is in the Beauce. "

pierre.theroux @ transcontinental.ca
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