Mr. Guy Morissette reports

DIAMOND DRILLING INTERSECTS MULTIPLE VISIBLE GOLD OCCURRENCES AT THE BOUSQUET GOLD PROJECT

The fourth hole (BO-26-63) of the follow-up program at Bullion Gold Resources Corp. and its partner Olympio Metals' Paquin has intersected multiple occurrences of visible gold, within a 6.25-metre interval of up to 80 per cent black quartz veining and up to 5 per cent sulphides from 182.75 m. Preliminary logging of the core identified multiple grains of visible gold throughout the core in the 6.25-metre interval with a selection of occurrences and the complete core box. The fourth drill hole in the follow-up program at Paquin has intersected multiple zones of smoky black quartz veining and significant sulphides throughout the drill hole. The geology team will continue to log and process the drilling at Paquin and incorporate these significant intercepts of mineralization into the geological model.

Highlights:

• Multiple visible gold occurrences have been observed in the fourth drill hole of the current drill program at the Paquin gold prospect of the Bousquet gold project.
• The visible gold in hole BO-26-63 occurs within a 6.25-metre zone (182.75 to 189.00 m) of dark quartz veining with associated sulphides and strong carbonate-chlorite alteration.
• Further zones of quartz veining, sulphides and alteration have been logged in BO-26-63.
• The current drill program is following up the significant intercepts from the 2025 drilling such as:
  • 6.40 metres of 6.54 grams per tonne gold from 183.0 m (BO-25-27);
  • 7.90 m of 6.20 g/t Au from 138.0 m (BO-25-28);
  • 1.50 m of 54.20 g/t Au from 235.5 m (BO-25-28).

The Bousquet project is located in Quebec, Canada, on the Cadillac Break, a regional structure associated with world-class gold mineralization.

Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations. Assays are due for release in March, 2026.

Olympio's managing director, Sean Delaney, commented: "We are delighted to see significant visible gold in the fourth hole of our follow-up program at Paquin. Hole BO-26-63 has confirmed the potential of the main lode at Paquin. The drill program is ongoing and will keep the market updated as the program progresses.

"The geology team will continue to process and log the core, ensuring that BO-26-63 is prioritized for analysis at the lab."

Bullion's chief executive officer, Guy Morissette, commented: "A second phase of drilling is off to a great start. We are very pleased to see such a significant gold presence in this area. This confirms the gold potential of the Bousquet project. Our partner Olympio is doing excellent work, and we remain optimistic about the immediate future of this project."

Olympio has the option to acquire an 80-per-cent interest in the Bousquet project in Quebec from Bullion Gold Resources for total payment of $1.25-million (cash and shares) and an exploration investment of $2-million. Olympio has made payments of $300,000 (cash and shares) to date and completed exploration spend of nearly $1.0-million. Bullion will retain a 20-per-cent undivided interest (net carried interest) in this project.

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.

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 (gold), Cadillac-Extension (Langlade prospect -- volcanogenic massive sulphide) and Bodo (polymetallic) projects. The Bousquet project is optioned to the Australian company Olympio Metals, 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 kilometres) is an early-stage exploration project. Anomalous and indicative occurrences of critical and strategic minerals (gold, silver, copper, zinc, lithium, lead, cobalt and manganese) have been noted throughout this project. The main prospects, which are Rivon Lake, Canico, Lice, Tichegami and Didi, offer polymetallic, VMS and iron oxide copper/gold potential.

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