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Drilling at Amadee Prospect Confirms Shallow Gold Mineralisation
Montreal, Quebec--(Newsfile Corp. - August 12, 2025) - Bullion Gold Resources (TSXV: BGD) ("Bull...
About this update from Bullion Gold Resources Corp.
[{"type":"text","content":"Drilling at Amadee Prospect Confirms Shallow Gold MineralisationMontreal, Quebec--(Newsfile Corp. - August 12, 2025) - Bullion Gold Resources (TSXV: BGD) (\"Bullion Gold\" or the \"Company\") and its partner Olympio Metals Limited are pleased to announce that results from the first phase of drilling at the Amadee Prospect have confirmed that a broad (>40m) zone of gold mineralisation has been defined over a strike extent of >200m. Mineralisation characteristics and historical drilling suggest that Amadee occurs within the same strike-extensive gold mineralised structural zone as the nearby high-grade Paquin Prospect, where recent drilling has revealed visible gold and grades up to 54 g/t Au (See Figure 1, Figure 2). Olympio has an option to earn an 80% interest in the Bousquet Project in Quebec from Bullion Gold Resources in counterpart for an investment of $2 million in exploration expenditures and the payment of $1.25 million in cash and shares over the next few years.HighlightsAssay results received for eight holes drilled at the Amadee Prospect within the Bousquet Project have revealed multiple near-surface intercepts of gold mineralisation, including: 4.50m @ 3.29 g/t Au, including 0.50m @ 24.5 g/t Au (BO-25-38) 6.85m @ 1.11 g/t Au (BO-25-37) 5.80m @ 1.06 g/t Au (BO-25-34) 10.7m @ 0.69 g/t Au (BO-25-35) These results extend at depth the broad zone of gold mineralisation intersected in shallow historical drilling at Amadee Mineralisation is near-surface and potentially suited to open-pit development Historical Very Low Frequency Electro-Magnetic (VLF EM) survey data suggests structural continuity between the Paquin and Amadee Prospects, as well as delineating new structural gold targets adjacent to Paquin The Bousquet Project is located on the Cadillac Break in Quebec, Canada, a regional structure associated with world-class gold mines Situated within 15km of multi-million ounce working gold minesOlympio's Managing Director, Sean Delaney, commented: \"The shallow gold mineralised zone identified in our recent drilling at Amadee, including grades up to 24.5 g/t gold, has confirmed that both Amadee and Paquin are contained within the same large, strike-extensive gold mineralised structure that remains very under-explored along strike. \"The mineralisation styles and geochemical characteristics are very similar at Amadee ...