Northwire Canada EditionFriday, July 17, 2026
Northwire
GGA 6.00 +13.2% MDM 0.060 +0.0% WGX 4.30 −2.9% FL 0.405 −1.2% SSRM 36.09 −0.7% CD 0.240 +4.3% GEN 0.070 +0.0% ALS 56.17 −2.2% LIFT 3.10 −1.6% NTR 94.39 +0.1% ICON 0.045 +0.0% LMG 0.450 +0.0% NZP 0.045 −10.0% RJX 0.035 +16.7% PRU 4.57 −1.5% MOO 0.720 +0.0% GGA 6.00 +13.2% MDM 0.060 +0.0% WGX 4.30 −2.9% FL 0.405 −1.2% SSRM 36.09 −0.7% CD 0.240 +4.3% GEN 0.070 +0.0% ALS 56.17 −2.2% LIFT 3.10 −1.6% NTR 94.39 +0.1% ICON 0.045 +0.0% LMG 0.450 +0.0% NZP 0.045 −10.0% RJX 0.035 +16.7% PRU 4.57 −1.5% MOO 0.720 +0.0%
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BULLION Completes Terragold Historical Compilation and Uploads Leapfrog 3D Geological Model on YouTube

Bullion Gold Consolidates Terragold Asset While Bousquet High-Grades Drive Near-Term Valuation

Executive Summary
  • Bullion Gold Resources Corp. completed a comprehensive reinterpretation of historical drilling, geological, and structural data for its 100%-owned Terragold Project in Quebec.
  • A new 3D Leapfrog geological model highlights continuity and scale potential of a quartz-feldspar porphyry system.
  • Reinterpretation identifies gold mineralization over approximately 2.2 km of strike length to depths of 250 m, remaining open in all directions.
  • Compilation includes 116 total diamond drill holes (DDH) reviewed; 107 DDH compiled with 100 containing assays.
  • Specific intercepts noted include DDH J-17 returning 1.5 m @ 6.86 g/t Au, verified by half-core sampling at 9.26 g/t Au.
  • Surface sampling of a historical 237 kg bulk sample graded 3.64 g/t Au.
  • Structural features show high-density drilling concentrated over a core zone approximately 300 m in strike length extending to 250 m depth.
  • Additional mineralization potential includes references to chalcopyrite and blue metallic streaks suggesting copper and/or molybdenum enrichment.
  • The 3D model will guide decision-making for a future confirmation drilling campaign intended to validate high-grade zones and convert historical data into current mineral resources.
Material Impact
  • Incremental Progress: This news confirms the viability of the Terragold project acquired in January 2026 via share issuance, validating the asset consolidation strategy.
  • Anticipated Milestone: The geological modeling supports the previously announced March 2026 plan for a 25,000-metre drilling program on Terragold; it is not an unexpected discovery but a necessary step toward resource definition.
  • Portfolio Diversification: Adds a porphyry-style asset to the high-grade vein-focused Bousquet project, potentially lowering risk profile if Bousquet results plateau, though valuation impact is secondary to immediate assay grades.
  • No Immediate Financing: The release does not announce new capital raising or resource estimates, limiting immediate upside compared to previous high-grade intercepts at Bousquet.
  • Market Expectation: Given the acquisition in January and drilling plan announcement in March, this compilation update was expected by investors monitoring project progression.
BGD · Price
Company Overview
  • Company: Bullion Gold Resources Corp. (TSX-V: BGD).
  • Flagship Project: Bousquet Gold Project (Quebec, Cadillac Break).
  • High-grade gold intercepts reported including 19.40 m @ 17.29 g/t Au and 1.50 m @ 54.20 g/t Au in early 2026.
  • Partnered with Olympio Metals who holds an option to earn 80% interest for C$1.25M cash/shares plus C$2M exploration spend.
  • Secondary Projects:
  • Terragold Project: Porphyry system acquired in Jan 2026; historical compilation completed May 2026.
  • Langlade Project: VMS polymetallic (Cu/Zn/Ag/Au) with confirmed lateral continuity.
  • Bodo Project: Polymetallic showing with high-grade surface samples (up to 15.5% Cu).
Read the original news release →

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