Business
Bullion Gold Completes the Acquisition of the Cadillac Extension (Langlade) Project
Montreal, Quebec--(Newsfile Corp. - June 18, 2025) - Bullion Gold Resources Corp. (TSXV: BGD) ("B...
About this update from Bullion Gold Resources Corp.
[{"type":"text","content":"Bullion Gold Completes the Acquisition of the Cadillac Extension (Langlade) ProjectMontreal, Quebec--(Newsfile Corp. - June 18, 2025) - Bullion Gold Resources Corp. (TSXV: BGD) (\"Bullion Gold\" or the \"Company\") is pleased to announce that it has closed the transaction to acquire 100% of the Cadillac Extension Project from 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 62 mining claims covering an area of approximately 3,550 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 ...