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Bullion Gold Acquires the Cadillac Extension (Langlade) Project
Montreal, Quebec--(Newsfile Corp. - May 8, 2025) - Bullion Gold Resources Corp. (TSXV: BGD) ("Bul...
About this update from Bullion Gold Resources Corp.
[{"type":"text","content":"Bullion Gold Acquires the Cadillac Extension (Langlade) ProjectMontreal, Quebec--(Newsfile Corp. - May 8, 2025) - Bullion Gold Resources Corp. (TSXV: BGD) (\"Bullion Gold\" or the \"Company\") is pleased to announce the signing of a letter of intent to acquire 100% of the Cadillac Extension Project, currently held by SOQUEM Inc. Located approximately 100 km east of the municipality of Senneterre, this project is accessible year-round via a well-developed forest road network.The Cadillac Extension Project comprises 39 mining claims covering an area of approximately 2,235 hectares, including over $1.4 million in exploration work credits. This project, with potential for volcanogenic massive sulfide (VMS) mineralization, was discovered in 1991 by Cominco Ltd. and has shown very promising historical drilling results:Drill HoleFrom (m)To (m)Length (m)Au (ppb)Ag (ppm)Cu (%)Zn (%)CuEq¹ (%)4CW-92-136.085.649.620740.80.620.731.424CW-92-883.18136.953.768416.30.450.360.794CW-92-13218.1228.310.2533421.70.510.941.31LAN-11-0231.769.437.719835.10.610.861.39Including31.746.610.326435.10.991.992.15LAN-11-0327.076.649.614813.70.310.380.69Including35.051.916.938332.90.550.741.45LAN-11-0422.047.125.1579.00.360.730.71Including28.134.36.210821.10.823.212.03LAN-11-0534.039.75.72623.20.980.721.43LAN-11-0653.088.035.07719.10.510.660.96Including53.063.110.16026.10.822.081.72LAN-11-0773.097.424.416521.10.410.710.97LAN-12-1154.499.745.321415.80.390.470.88Including88.499.010.638222.71.060.691.84 ¹ The CuEq grade was calculated based on the 24-month moving average prices for each element: Cu: USD 9,400/tonne, Zn: USD 2,650/tonne, Au: USD 2,800/oz troy, and Ag: USD 28.6/oz troy.Semi-massive sulfides with outcropping were discovered in 1991 through an airborne electromagnetic survey, followed by ground-based electromagnetic, gravimetric, and geochemical surveys. The Langlade showing is characterized by copper, zinc, silver, and gold mineralization located at the contact between felsic to intermediate metavolcanics and mafic metavolcanics (GM 65347). Secondary elements such as indium, lead, and nickel have also been identified. This primarily tabular zone is composed of semi-massive and disseminated sulfides extending over approximately 300 meters in length, with a width ranging from 50 to 100 meters, and exhibits a lenticular shape (MB 94-34, GM...