Northwire Canada EditionThursday, October 15, 2026
Northwire
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GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4% GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4%
Drill Results Routine +

BULGOLD Samples 21.2g/t Gold at Surface and Expands Kopernica Footprint by 170% to 1,700 Metres by 800 Metres, Lutila Project

Bulgold’s surface boulder samples of 21.2 g/t Au expand the Kopernica vein system footprint by 170%.

Executive Summary

Bulgold Inc. (ZLTO) released exploration results from its 2026 program at the Kopernica Vein System, part of the Lutila Gold Project in Slovakia. A surface float boulder sample returned 21.2 g/t Au, validating the company's 3D geological model and indicating vertical potential for high-grade mineralization. The boulder is located 200m south-southeast of drill hole KPDD005 and 50m lower in elevation, aligning with predictive geological frameworks.

Systematic mapping expanded the known footprint of the Kopernica Vein System by 170%, increasing dimensions from 1,000m x 500m to 1,700m x 800m. Parallel targets identified include the Central Vein (~500m), Northwest Vein (~650m), and a new Northern Target 1,200m north of KPDD005. Geochemical averages show elevated pathfinder elements (As, Sb, Tl) supporting the epithermal model. QA/QC protocols are standard, with samples analyzed at SGS Burgas using fire assay and ICPMS.

Material Impact

Bulgold Inc. (ZLTO) released an expected exploration update following the completion of its July 2026 drilling campaign and the September 2026 geological modeling announcement. The company reported a 170% expansion in its exploration footprint, alongside high-grade surface samples that confirm its targeting strategy and validate the low-sulfidation epithermal model.

The update introduces no material financial impact or change to near-term cash requirements.

ZLTO · Price
Company Overview

Bulgold Inc. is a gold exploration company that controls 100% of three projects in Central and Eastern Europe: Lutila in Slovakia, and Kostilkovo and Kutel in Bulgaria. Its flagship asset is the Lutila Gold Project, which comprises a 32.2 km² exploration licence in Central Slovakia. The project targets quartz-adularia, low-sulfidation epithermal gold mineralization and is strategically located between the historic Kremnica and Banská Štiavnica epithermal vein fields, areas with a 1,000-year mining legacy. Management has pivoted to a more cost-effective drilling strategy, utilizing shorter holes to maximize coverage and reduce exploration risk.

Read the original news release →

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