Mr. Guy Morissette reports
BULLION GOLD COMPLETES DRILLING PROGRAM ON LANGLADE PROJECT
Bullion Gold Resources Corp. has successfully completed its diamond drilling program on the Langlade project, which is 100 per cent owned by the company and located in the Senneterre area of Quebec.
Highlights:
- Visual presence of chalcopyrite (copper) and sphalerite (zinc);
- Identification of major structural axes associated with continuous magnetic anomalies;
- Correlation between magnetic anomalies and conductive signatures (VLF (very low frequency));
- Interpretation suggesting an environment favourable to the presence of a mineralized exhalative horizon.
Drilling program
The drilling campaign, totalling 1,771 metres across 11 holes, concluded in recent days. Core examinations confirm the visual presence of chalcopyrite (copper) and sphalerite (zinc) mineralization. Historical drilling data also indicate that gold and silver are generally associated with these minerals.
A marked scapolite alteration was also noted within feldspar and quartz veins. Beyond the presence of copper and zinc sulphides, the identification of scapolite as an alteration product in quartz-feldspar veins is a significant geological indicator suggesting intense hydrothermal processes, which are often associated with large-scale mineralization systems in this region.
The objectives of this program were to validate the continuity and thickness of mineralized horizons and to test lateral and depth extensions of the mineralization at the Langlade index. Assay results will confirm metal grades and guide the next phase of exploration on the project. The company expects to receive these results within the next month.
"The visual observations from this campaign, particularly the association of chalcopyrite with scapolite alteration zones, are very encouraging," stated Guy Morissette, chief executive officer of the company. "These geological features will help us better understand the hydrothermal system present on the Langlade property."
Geophysical survey
Analysis of the geophysical map (VG1 magnetic gradient combined with structural and conductive data -- Novatem 2026) highlights a structured system dominated by several parallel and folded magnetic axes, generally trending east-west to northeast-southwest. These magnetic signatures feature continuous and deformed magnetic corridors, suggesting the presence of mafic to intermediate volcanic units favourable to VMS (volcanogenic massive sulphide) systems.
Well-defined folds and structural hinges are also noted, indicating significant deformation that could concentrate mineralization, as well as intersections of structures and shear zones identified by VLF conductive lineaments, representing pathways for hydrothermal fluid circulation. Several zones of marked magnetic contrast, which could correspond with altered horizons or those enriched in sulphides, are also present within the favourable axes. All these elements suggest that the known mineralization at Langlade could be located on the southeast flank of a major folded structure, with potential for repetition on the opposite flank (northeast) and along parallel structural axes.
Exploration potential
Integrated interpretation of geophysical data indicates significant potential for the discovery of new mineralized zones, including lateral extensions of known mineralization along magnetic axes and structural repetitions related to folding and fold hinge zones, which are known to concentrate massive sulphides. Finally, the presence of conductive structural corridors conducive to mineralization accumulation offers high-priority targets.
Qualified person
The scientific and technical information disclosed in this news release has been reviewed and approved by Suzie Tremblay, a practising member of the Ordre des geologues du Quebec (OGQ No. 10664) and a qualified person as defined by National Instrument 43-101. All geoscientific activities related to the Langlade project are conducted under the supervision of Ms. Tremblay, vice-president of Explo-Logik.
About Bullion Gold Resources Corp.
Bullion Gold Resources is a junior mining exploration company primarily active in Quebec, specifically in the Abitibi and James Bay mining regions. The company holds a 100-per-cent interest in the Bousquet (gold (Au)), Langlade (copper (Cu), zinc (Zn), silver (Ag) and Au), Bodo (Cu, Au, Ag and Zn) and Terragold (Au) projects:
- Terragold project: recently acquired (38 claims -- 2,058 hectares (ha)) in the Senneterre area. The main index has been intersected by drilling over a cumulative length of approximately two kilometres and has not seen exploration since 1984. The company plans to begin exploration activities in late spring 2026;
- Bousquet project: subject to an option agreement with Olympio Metals (Oly), which can acquire up to 80 per cent for $1.25-million in cash/shares and $2-million in exploration expenditures. Bullion would retain a 20-per-cent net carried interest;
- Bodo project: a preliminary-stage project with identified occurrences of critical and strategic minerals. The main indices show polymetallic or VMS potential.
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