Bullion Gold Intersects 1.73 g/t Au Over 13.4 Metres Including 3.80 g/t Au Over 4.4 Metres in DDH TG-04 at Terragold

Bullion Gold Resources Corp. (BGD) has released assay results from two validation diamond drill holes, TG-03 and TG-04, at its 100%-owned Terragold property, located approximately 12 km south of Senneterre in the Abitibi region of Quebec. The company noted that assays have been received for only two of the 28 outstanding holes, with 26 DDH still pending.

Hole TG-04, targeting the JJ Zone, returned a broad envelope of 0.60 g/t Au over 53.6 m (70.4-124.0 m). This interval includes 0.97 g/t Au over 27.5 m (85.0-112.5 m), which encompasses 1.73 g/t Au over 13.4 m (89.0-102.4 m). Within that, the company identified 3.80 g/t Au over 4.4 m (91.0-95.4 m), including a high-grade interval of 22.00 g/t Au over 0.3 m (95.1-95.4 m) associated with 38.60 g/t Ag and 257 ppm Mo.

Hole TG-03, located 38 m north of TG-04, returned 0.45 g/t Au over 7.0 m (33.7-40.7 m) and 0.68 g/t Au over 7.5 m (53.0-60.5 m). This second interval includes 0.92 g/t Au over 4.9 m and 0.8 m at 3.68 g/t Au.

The mineralization is interpreted as an intrusion-related gold system (IRGS) based on an Au-Ag-Mo correlation, with an Ag:Au ratio of 1:1 to 1.5:1, using molybdenum as a magmatic tracer. The mineralization is hosted in a quartz-feldspar porphyry (QFP) dyke, of which 16.4 m was drilled, and sheared basalt beneath it. Operations are run by Explo-Logik.

No cutoff grade was stated, and widths reported are core lengths; true thickness has not been determined.

Bullion Gold Resources Corp. (BGD) is a pre-revenue, pre-resource grassroots explorer that is the 100% owner of Terragold. In the first quarter of 2026, the company reported a net loss of C$102,228 and held cash of C$931,733, with no revenue generated and a going-concern disclosure in effect. The company’s market capitalization is approximately C$7.2M. At this valuation, a genuine discovery hole can move the stock, but a modest validation result generally will not.

The best prior result in the current campaign was TG-05, which returned 8.4 m @ 2.49 g/t Au (20.9 g·m), released on 2026-09-23. TG-04’s result of 13.4 m @ 1.73 g/t (23.2 g·m) is comparable in grade-and-width substance, featuring a lower grade, longer width, and slightly higher gram-metres. The 53.6 m envelope is wider than anything yet demonstrated in the current campaign, where the previous widest intercept was 44.5 m @ 0.43 on TGNO-03.

The stock did not re-rate on TG-05, falling from about C$0.09-0.10 in mid-September to C$0.07 by 2026-10-06, near its 52-week low of C$0.06. This price action suggests the market assumes essentially nothing about the drilling.

This release is considered incremental and confirmatory. It does not change resource, mine-life, or NAV figures, as there is no established resource, nor does it deliver a step-out or clear the IRGS grade-width band.

Bullion Gold Resources Corp. (TSXV: BGD), a Quebec-focused junior explorer with approximately 103.4 million shares outstanding and a fully diluted count of roughly 135 million, has outlined its portfolio of assets. The equity carries a significant overhang from warrants and options.

The company holds a 100% interest in Terragold, comprising 38 claims covering 2,058 hectares located 12 kilometers south of Senneterre. This property was acquired in February 2026 through the issuance of 3.55 million shares and a 2% net smelter return (NSR), with a 1% buy-back option. Gold mineralization hosted in quartz-feldspar porphyry (QFP) spans a claimed strike of over 2 kilometers at approximately 250 meters depth. Validation drilling consisting of 32 holes totaling 3,909 meters was completed in August 2026.

At the Bousquet property, Bullion Gold holds a 20% net carried interest, which has been optioned to Olympio Metals (ASX: OLY). Olympio has earned a 51% interest and funds the drilling operations. This project is noted for containing the only genuinely high-grade intercept in the portfolio, measuring 19.4 meters at 17.29 grams per tonne of gold.

The Langlade property, a 100% interest covering 74 claims and 4,127 hectares, focuses on copper, zinc, gold, and silver. A 2026 drilling program comprising 11 holes and 1,771 meters returned modest polymetallic intervals. Notable results included 41.0 meters at 1.03% copper equivalent and 30.2 meters at 0.95% copper equivalent.

The Bodo property, a 100% interest in 461 claims covering approximately 24,437 hectares, is in the early stages with only surface work conducted.

Regarding capital structure and liquidity, prior-period context indicates a first-quarter 2026 net loss of C$102,228 and cash holdings of C$931,733. The company reported no revenue and included a going-concern disclosure. A C$2 million placement occurred in June 2026 at C$0.09 per unit.