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BULGOLD Extends the Occurrence of Epithermal Quartz Veins to 1.2KM of Strike Length Within the Sinter Field on the Lutila Gold Project
TORONTO, May 12, 2025 (GLOBE NEWSWIRE) -- BULGOLD Inc. (TSXV: ZLTO) (the “Company ...
About this update from Bulgold Inc
[{"type":"text","content":"BULGOLD Extends the Occurrence of Epithermal Quartz Veins to 1.2KM of Strike Length Within the Sinter Field on the Lutila Gold Project\n\n\n\n TORONTO, May 12, 2025 (GLOBE NEWSWIRE) --\n \n BULGOLD Inc. (TSXV: ZLTO)\n \n (the “Company” or “BULGOLD”) is pleased to announce the results of recent prospecting activity on the Lutila Gold Project (the “Property”), Slovakia. This information has now been validated and incorporated into the Company’s database. The Lutila exploration licence covers an area of 32.2km\n \n\n 2\n \n\n and is prospective for quartz-adularia epithermal gold mineralisation.\n \n\n 1.\n \n Highlights\n \n\n\n\n\n\n Recent prospecting activity on the Horna Klapa section of Rhyolite Ridge, has led to the Company extending the occurrence of quartz vein material to over 1.2km in strike length which clearly indicates that this north-east striking portion of the ridge remains strongly prospective for gold mineralisation within epithermal quartz veins at depth below the ridgeline.\n \n\n\n\n\n Within the currently defined strike length of 1.2km, the Company has now established quartz lattice bladed textures, which indicate clear evidence of boiling, over a distance 0.7km.\n \n\n\n\n\n Additionally, the Company has uncovered the presence of what appears to be a medieval exploration gallery (‘pre-gunpowder’ era) which seems to drive towards the ridge line and contains altered pyroclastic rocks together with occasional epithermal quartz vein float within the associated waste piles.\n \n\n\n\n\n Further field review of the Horna Klapa sinter terraces located proximal to this section of Rhyolite Ridge has revealed the presence of geyserite textures within outcropping sinter deposits; these textures indicate proximity to an “upflow zone” i.e., vent, geyser or hot spring.\n \n\n\n\n\n During 2024, prospecting activity led to the discovery of epithermal quartz vein material on the highest peak within the Sinter Field; located 2.7km north along Rhyolite Ridge from RRDD001 and RRDD002 and 1.7km south west from CVDD001. This was the first time that epithermal quartz veins have been recognised within the Sinter Field and validate the Company’s exploration model.\n \n\n\n\n\n The Lutila Gold Project is located favourably between two of the largest ...