Bullion Gold samples up to 15.5% Cu, 137 g/t Ag at Bodo

Executive Summary

• Bullion Gold released high‑grade surface assay results from the Bodo Project, showing up to 15.5% Cu, 137 g/t Ag and 6.85 g/t Au, confirming a strong polymetallic system.
• A new gold target at Holton Creek was identified, grading 1.13 g/t Au and slated for follow‑up exploration.
• The company announced a non‑brokered private placement to raise up to C$300,000, issuing common share units and flow‑through units with warrants.

Key Details

• Assay Highlights (Rivon Lake area): Cu 15.5 wt%, Ag 137 g/t, Au 6.85 g/t; also anomalous Zn, Ni, Co.
• New Gold Target – Holton Creek: 1.13 g/t Au over sampled interval; located ~2 km SW of Rivon Lake at a magnetic anomaly contact.
• Project Extent: Rivon Lake trend spans a 3‑km N‑S corridor and 1,000 m E‑W width; suggests broad shear‑zone mineralization.
• Sampling Program: 228 rock samples collected (June–August 2025) from both mineralized and barren outcrops to build lithogeochemical framework.
• QA/QC: Samples handled by Explo‑Logik Inc.; assayed by AGAT Laboratories using fire assay for Au and ICP‑OES for base/pathfinder elements; blanks and standards within acceptable limits.
• Future Work: Additional assays from western Bodo expected in coming weeks; detailed mapping, geophysical surveys, and first drill program planning underway.
• Financing – Private Placement:
• Up to C$300,000 total raise.
• Common Share Units: ≤ 2,000,000 units @ C$0.05 per unit (each unit = 1 common share + 1 warrant). Warrants allow purchase of an additional share at C$0.08 for 24 months.
• Flow‑Through Units: 2,857,142 units @ C$0.07 per FT unit (each unit = 1 flow‑through share + ½ warrant). Warrants allow purchase of an additional share at C$0.10 for 12 months.
• Hold period: 4 months + 1 day; possible finder’s fees permitted.
• Use of Proceeds: Working capital & general corporate purposes (common units); eligible Canadian exploration expenses on Bodo SM and Langlade projects (FT units).

Notable Quotes

• “Surface sampling at Rivon Lake demonstrates persistent and continuous mineralization in gold, copper and silver… Additional work, including detailed mapping and geophysical surveys, will be required to fully delineate the extent of this corridor and to optimize planning for a first drill program,” – Guy Morissette, President & CEO.