Montreal, Quebec--(Newsfile Corp. - June 30, 2026) - Bullion Gold Resources Corp. (TSXV: BGD) ("Bullion" or the "Company") is pleased to provide an exploration update from Bullion's flagship and 100% owned Terragold Project, located approximately 12 km south of the municipality of Senneterre, Québec, within the prolific Abitibi Greenstone Belt.
Four (4) surface grab samples were collected as part of the Company's ongoing field preparation program, which included locating and surveying historical drill hole collars, stripping and exposing the Terragold showing, collecting geological and structural information, finalizing the selection of drill targets and preparing drill pads.
Table 1: Grab sample results
Sample | Lithology | UTM East | UTM North | Au (g/t) | Ag (g/t) |
F158001 | QFP-style intrusive | 336035E | 5351723N | 1.24 | 0.30 |
F158002 | Quartz breccia and quartz stockwork | 335805E | 5351795N | 5.42 | 5.00 |
F158003 | QFP-style intrusive | 335844E | 5351774N | 0.64 | 0.30 |
F158004 | Intermediate to mafic volcanic rock | 335930E | 5351729N | 0.02 | 0.20 |
Figure 1: Surface grab samples
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10471/303424_339e980e34559884_002full.jpg
Simon Britt, president and CEO of Bullion, commented: "The presence of silver is an encouraging development, as historical drilling and assay records provided little indication of its potential association with the Terragold mineralizing system. With field preparations now complete and drilling to commence shortly, we look forward to evaluating the full geochemical signature of the system and reporting the results of our validation program in the coming months."
Stripping of the Terragold Showing
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10471/303424_bg1.jpg
Validation Drilling Campaign
The validation drilling program is designed to systematically test the Terragold mineralized system over approximately 300 metres along the principal mineralization trend. The program comprises approximately 3,000 metres of diamond drilling. During this initial phase, the first 11 drill holes (TG-01 to TG-11; see Figure 2 below) have been planned to extend the tight-spaced drill pattern directly into the Terragold Showing area. This systematic follow-up program is intended to validate historical high-grade gold intersections, confirm the continuity of mineralization, and evaluate the full geochemical signature of the mineralized system.
Figure 2: Diamond drill holes TG-01 to TG-11
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10471/303424_339e980e34559884_005full.jpg