Northwire Canada EditionSunday, September 27, 2026
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GOLD 4321.20 +0.5% SILVER 64.80 +1.2% COPPER 6.77 −0.3% OIL 92.41 −2.3% PALLADIUM 1276.00 −0.5% SMP 0.055 +0.0% NVX 1.10 +12.2% AORO 0.015 +0.0% HAWK 0.025 +25.0% LOD 0.400 +0.0% SBMI 0.135 +3.9% PA 0.160 +3.2% BARU 0.060 +9.1% MKA 0.800 +8.1% GCN 0.030 +0.0% IAU 2.48 +1.6% CS 14.54 −0.2% LGO 0.750 −22.7% REVX 1.99 +19.2% OMI 0.320 +12.3% VLD 0.430 +0.0% GOLD 4321.20 +0.5% SILVER 64.80 +1.2% COPPER 6.77 −0.3% OIL 92.41 −2.3% PALLADIUM 1276.00 −0.5% SMP 0.055 +0.0% NVX 1.10 +12.2% AORO 0.015 +0.0% HAWK 0.025 +25.0% LOD 0.400 +0.0% SBMI 0.135 +3.9% PA 0.160 +3.2% BARU 0.060 +9.1% MKA 0.800 +8.1% GCN 0.030 +0.0% IAU 2.48 +1.6% CS 14.54 −0.2% LGO 0.750 −22.7% REVX 1.99 +19.2% OMI 0.320 +12.3% VLD 0.430 +0.0%
Drill Results Routine −

Bullion Gold Launches Surface Exploration Programs at BODO and Langlade Projects

Bullion reports Langlade step-outs below May hole grades and identifies BODO as an old grab-sample repeat.

Executive Summary

Bullion Gold Resources Corp. (BGD) announced surface exploration programs at its BODO and Langlade properties, with field crews mobilized through September 28, 2026. The company reported the remaining 2026 Langlade drill assays from holes LAN-26-29 through LAN-26-36.

Key Langlade intercepts as reported include:

  • LAN-26-29: 37.9 m at 0.45% CuEq, including 4.0 m at 1.22% CuEq
  • LAN-26-30: 6.5 m at 0.80% CuEq, including 0.5 m at 2.32% CuEq
  • LAN-26-31: 21.9 m at 0.42% CuEq, including 1.2 m at 1.35% CuEq
  • LAN-26-32: 5.5 m at 0.27% CuEq and 11.5 m at 0.33% CuEq
  • LAN-26-33: 22.0 m at 0.41% CuEq
  • LAN-26-34, LAN-26-35, LAN-26-36: no significant assays

The release also repeated summer 2025 BODO surface grab-sample highlights, including 15.20% Cu, 2.53 g/t Au, 137 g/t Ag and 577 ppm Co from sample F671617. The CEO explicitly stated that Terragold is the primary focus and that the BODO/Langlade surface work fulfills flow-through exploration commitments.

Material Impact

Bullion Gold Resources Corp. (BGD) is a pre-revenue micro-cap explorer with a market capitalization near C$9 million and no current resource estimate. Its value is driven by exploration optionality across the Terragold, Bousquet, Langlade, and Bodo projects. Management identifies Terragold as the most important project, while Langlade serves as a secondary polymetallic target. Consequently, new assays from Langlade are unlikely to move the equity with the same impact as a major result from Terragold.

The expectation anchor for Langlade was the May 5, 2026 result, which showed 41.0 m at 1.03% CuEq and 9.5 m at 2.31% CuEq in hole LAN-26-28. The market did not substantially re-rate the stock on those results, with the share price staying mostly around C$0.09 to C$0.10.

The new batch of results is materially weaker in grade and contained metal than the May holes.

The launch of surface programs at BODO and Langlade represents ordinary flow-through work. The BODO sample table repeats summer 2025 numbers and is not new drilling.

Expected share-price impact:

  • A 15%+ move is unlikely from this release.
  • A modest drift lower is possible if investors compare the new Langlade holes with the May results.
  • The stock is more likely to trade on pending Terragold validation assays than on this news.
BGD · Price
Company Overview

Bullion Gold Resources Corp. (TSXV: BGD) is a Québec-focused mineral exploration company. Its primary near-term focus is the Terragold project, a 100% owned gold property comprising 38 claims covering 2,058 hectares in the Abitibi Greenstone Belt. The company also holds 100% ownership of the Langlade VMS/polymetallic project, which spans 74 claims and 4,127 hectares, as well as the Bodo polymetallic project, consisting of 461 claims and 24,437 hectares. Additionally, Bullion Gold holds a 20% carried interest in the Bousquet project, which has been optioned to Olympio Metals.

The company currently has no mineral resources, reserves, or economic studies. Financial statements indicate a net loss of C$102,228 for the first quarter of 2026, with no revenue generated. Cash on hand as of March 31, 2026, stood at C$931,733, and the company carries no debt. A going-concern risk was disclosed in the provided statements. In June 2026, a placement raised C$2 million at C$0.09 per unit.

According to the investor presentation, the share structure includes 103,386,820 shares outstanding and 31,576,325 warrants and options, resulting in a fully diluted share count of 134,963,145.

Read the original news release →

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