Northwire Canada EditionFriday, November 13, 2026
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Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Drill Results

High-Grade Gold up to 12.2 g/t Intersected in Multiple Structures at Bousquet

High-Grade Intercepts at Bousquet Confirm Mineralization Depth, but Minority Interest and Dilution Overhang Remain Primary Risks

By The Northwire Desk — AI Analysis Jan 06, 2026 · 17:08 BGD · 0.08 Bullion Gold Resources Corp.
Executive Summary

The news release dated January 6, 2026, reports final assay results from a diamond drilling program at the Bousquet Gold Project in Quebec, conducted by partner Olympio Metals. Key results include hole BO-25-53 intersecting 1.3 meters at 12.2 g/t Au and hole BO-25-57 intersecting 1.5 meters at 4.22 g/t Au. These results conclude a 7,083-meter program that expanded mineralization strike to 1.7km. Additionally, the company issued a correction to its December 2025 financing, noting the final gross proceeds were $270,350 (rather than $300,000 originally stated) at a price of $0.11 per unit.

Material Impact
  • Technical Confirmation: The results are materially positive as they confirm the presence of high-grade gold within multiple structures (CB-1 and Paquin). Specifically, the 12.2 g/t Au intercept validates the "fertile structure" hypothesis at the CB-1 target.
  • Economic Interest Limitation: While the drill results are strong, Bullion Gold only retains a 20% undivided net carried interest in the Bousquet project. The majority (80%) is being earned by Olympio Metals. Consequently, the direct benefit to BGD's balance sheet from a potential discovery at Bousquet is significantly lower than at its 100%-owned projects.
  • Administrative Reliability: The correction of the recent financing (a $30,000 discrepancy) suggests some level of administrative oversight weakness, which is a minor red flag for a micro-cap company.
  • Project Pipeline: The news confirms a follow-up program for 2026, ensuring continued news flow, though the focus is shifting toward the 100%-owned Terragold project.
BGD · Price
Company Overview

Bullion Gold Resources Corp. is a Canadian explorer focused on the Abitibi and James Bay regions of Quebec. - Flagship Project: While Bousquet provides the best current drill results, the company is pivoting toward Bodo SM (410 sq km) and the newly acquired Terragold Project. - Bousquet Status: BGD is currently a minority partner (20% carried interest) while Olympio Metals earns in. - Terragold Status: 100% ownership. Historical results include high-grade gold (14.74 g/t over 6.7m) that the company aims to verify in winter 2026.

Read the original news release →

More from Bullion Gold Resources Corp.

Oct 20, 2026 · 07:35

Bullion’s Terragold campaign delivered its best holes to date, marking a validation phase rather than a new discovery.

Drill Results Oct 07, 2026 · 07:45

Bullion’s Terragold project broadens to a 53.6 m envelope, though the grade remains sub-band and unpriced.

Drill Results Sep 23, 2026 · 06:50

Bullion’s Terragold validation identified a 13.4 g/t gold seam in the headline hole, confirming low-grade mineralisation at the project.

Drill Results Sep 16, 2026 · 07:01

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

Drill Results Sep 09, 2026 · 14:31

Bullion’s Terragold project confirms high-grade surface gold via channel sampling ahead of upcoming drill results.

Drill Results Aug 25, 2026 · 07:01

Bullion completes validation drilling at Terragold, awaiting assay results to define near-surface gold potential.

Drill Results