20:43:12 EST Thu 13 Nov 2025
Enter Symbol
or Name
USA
CA



Bullion Gold Resources Corp (2)
Symbol BGD
Shares Issued 91,583,663
Close 2025-11-13 C$ 0.095
Market Cap C$ 8,700,448
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Bullion begins survey at Langlade, appoints director

2025-11-13 18:32 ET - News Release

Mr. Guy Morissette reports

BULLION GOLD BEGINS GEOCHEMICAL SURVEY OF BASE TILL ON LANGLADE AND APPOINTS A NEW DIRECTOR TO ITS BOARD

Bullion Gold Resources Corp. has launched an intensive follow-up program following the recent discovery of several dozen gold grains in a base till sample of approximately 10 kilograms, taken upstream of the Langlade polymetallic showing on the Cadillac extension project.

To fully assess the property's potential for gold and polymetallic priority targets, the company initiated a systematic glacial sediment sampling program on three separate grids. This program includes approximately 530 basal till samples (approximately one kilogram each), strategically positioned to cover the identified target areas.

The main objectives of this phase are as follows:

  • Verify the extent of gold and polymetallic mineralization in the immediate vicinity of the Langlade deposit;
  • Identify new potential gold and polymetallic targets east of the main showing, based on surface sampling conducted in September, 2025.

Sampling is being carried out using an auger, following a systematic 50-metre grid pattern. This rigorous approach will provide a better understanding of the dispersion of metals in glacial sediments, particularly copper, zinc, gold and silver, while also aiming to identify new drilling targets.

The program is supervised by Suzie Tremblay, consulting geologist, ensuring the quality and reliability of the data collected. Geochemical analyses using the aqua regia method will be performed by Agat Laboratories, located in the Toronto area. To ensure quality control, a duplicate field sample will be inserted with every 20 samples to verify the reproducibility of the results.

The company's management anticipates that this work will confirm the potential for significant gold and polymetallic mineralization at Langlade and at the new targets to the east, thereby strengthening the property's mineral potential.

The Langlade project, comprising 72 cells with a total area of 4,128 hectares, is located approximately 100 kilometres east of the municipality of Senneterre, in the Abitibi region. Accessible year-round via a gravel secondary road, this project benefits from convenient logistical access for exploration activities.

The Langlade polymetallic deposit was initially discovered and drilled by cominco in the 1990s. Historical work revealed mineralization extending laterally for approximately 600 metres, with a depth reaching nearly 900 metres. The deposit remains open to the east and at depth, suggesting substantial extension potential.

The company's current management hypothesizes that the deposit may be located within a fold hinge. According to this structural interpretation, the historically stripped and drilled portion represents only the SSE (south-southeast) face of the showing. The NNE (north-northeast) and NW (northwest) sectors, which are still largely unexplored, could hold potential at least equal to, or even greater than, that already identified by historical drilling. This prospect opens exciting possibilities for evaluating and expanding the polymetallic mineralization on the property. The planned drilling program, once the necessary permits are obtained, will serve in part to test this hypothesis.

Qualified person

The scientific and technical information in this press release has been reviewed and approved by Gilles Laverdiere, PGeo. Mr. Laverdiere is a geologist and chairman of the board of Bullion Gold and a qualified person as defined by National Instrument 43-101 respecting Standards of Disclosure for Mineral Projects.

Nomination of director

The company also announces the appointment of Sebastien Plouffe as director. Mr. Plouffe is a finance professional and entrepreneur with over 30 years of experience in financial markets and project development. During his career, he spent more than 10 years as vice-president and investment adviser at the Canadian brokerage firms BMO Nesbitt Burns and Canaccord Genuity, where he gained considerable expertise and success in most aspects of capital raising and management. For the past 20 years, Mr. Plouffe has held key leadership positions and played a pivotal role in the strategy and success of various Canadian and international companies, both private and public, in sectors such as biotechnology, technology and mining, including Vanstar Mining Resources Inc., which was acquired by Iamgold in 2024. He is the founder and chief executive officer of Defence Therapeutics.

Private placement

The company also announces that it has closed a private placement, pursuant to which it issued 3,346,429 units of the company at a price of seven cents for gross proceeds of $234,250. Each unit consists of one ordinary share and one common share purchase warrant, each warrant entitling the holder to purchase one additional common share in the capital of the company for a period of 12 months from the closing date of the private placement, at a purchase price of 12 cents per common share.

The proceeds from the sale of the units will be used by the company for general corporate purposes.

All securities issued pursuant to the offering will be subject to a hold period of four months and one day ending on March 11, 2026. The placement is subject to final approval by the TSX Venture Exchange.

Grant of stock options

The company announces that incentive stock options have been granted to directors, officers and consultants to purchase up to two million common shares at a price of 10 cents per share for five years, pursuant to its stock option plan.

The company currently has 95,055,092 shares issued and outstanding, along with 8.55 million options (including the options described above) and 28,239,643 warrants.

Extension of warrants

The company also announces it has proposed an extension of 2,899,285 share warrants expiring in December, 2025, by 12 months subject to TSX Venture Exchange approval. The company intends to extend the expiry date of a total of 2,899,285 share purchase warrants by 12 months, such that they will expire on Dec. 23, 2026. Each of these warrants originally entitled the holder thereof to acquire one common share of the company at a price of 10 cents per common share until Dec. 23, 2025. All other terms warrants, including exercise price, will remain the same. Warrants were issued pursuant to a private placement that closed on Jan. 3, 2025.

Agreement with Volume Hunters Inc.

The company is also pleased to announce an agreement with Volume Hunters (VH) for the publication and distribution of public information across various social media platforms, forums, blogs, publishing websites and other communication channels. VH's operations are expected to begin around Nov. 17, 2025. "We are excited to partner with Volume Hunters to increase our visibility over the next year across various social media platforms and to communicate our business developments to a much wider audience," said Guy Morissette, chief executive officer of Bullion Gold. The agreement with Vancouver-based Volume Hunters Inc. has an initial term of 12 months, for which the company will receive a fee of $100,000. VH's business address is suite 300 -- 1055 Hastings St., Vancouver, B.C., and they can be reached at 1-855-684-6844. VH is an entity independent of the company.

About Bullion Gold Resources Corp.

Bullion Gold Resources is a junior exploration company primarily working in Quebec, specifically in the Abitibi and James Bay mining regions. The company holds a 100-per-cent interest in the Bousquet (Au), Cadillac-Extension (Langlade prospect -- VMS) and Bodo (polymetallic) projects. The Bousquet project is optioned to the Australian company Olympio Metals (Oly), which can acquire up to 80 per cent of the gold project in exchange for $1.25-million in cash and shares and $2-million in exploration work. Bullion would then retain a 20-per-cent undivided interest (net carried interest). The Langlade project (72 claims -- 4,127 hectares) is a VMS project under development, ready to be drilled. The Bodo project (761 claims -- 410 square km) is an early stage exploration project. Anomalous and indicative occurrences of critical and strategic minerals (Au, Ag, Cu, Zn, Li, Pb, Co, Mn) (gold, silver, copper, zinc, lithium, lead, cobalt, manganese) have been noted throughout this project. The main prospects, which are Rivon Lake, Canico, Lice, Tichegami and Didi, offer polymetallic, VMS (volcanogenic massive sulphide) and IOCG (iron-oxide-copper-gold) potential.

We seek Safe Harbor.

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