Bullion Gold Intersects 1.17 g/t Au Over 21.95 Metres in TG-09 and 1.83 g/t Au Over 12.05 Metres in TG-10 at Terragold
Bullion’s Terragold campaign delivered its best holes to date, marking a validation phase rather than a new discovery.
Bullion Gold Resources Corp. (TSXV: BGD) released assay results from six additional diamond drill holes—TGNO-04, TG-06, TG-07, TG-08, TG-09, and TG-10—as part of its 2026 validation campaign at the 100%-owned Terragold property, located approximately 12 km south of Senneterre in the Abitibi Greenstone Belt of Québec. The reported intercepts are presented as core lengths based on gold-only assays, with no cutoff grade disclosed.
- TG-09: 29.10 m @ 0.95 g/t Au (41.05-70.15 m), including 21.95 m @ 1.17 g/t, including 7.45 m @ 2.20 g/t, including 1.50 m @ 5.02 g/t, including 2.95 m @ 2.75 g/t, including 4.00 m @ 1.39 g/t
- TG-10: 12.05 m @ 1.83 g/t Au (88.45-100.50 m), including 5.20 m @ 3.29 g/t, including 0.95 m @ 10.00 g/t, including 0.60 m @ 11.10 g/t
- TG-07: 37.25 m @ 0.51 g/t Au (28.80-66.05 m), including 27.20 m @ 0.65 g/t, including 0.50 m @ 4.47 g/t and 2.20 m @ 3.48 g/t
- TG-08: 18.35 m @ 0.46 g/t Au (82.00-100.35 m), including 5.80 m @ 1.00 g/t
- TG-06: 3.55 m @ 0.67 g/t Au (71.55-75.10 m), including 0.55 m @ 2.53 g/t; plus 11.55 m @ 0.45 g/t (85.30-96.85 m)
- TGNO-04: 3.00 m @ 1.09 g/t Au (84.00-87.00 m); plus 8.50 m @ 0.34 g/t (125.00-133.50 m)
The JJ Zone is defined over 100 m on strike and remains open in all directions. Assays for 19 remaining diamond drill holes are pending. Reported widths represent core lengths, and true thicknesses are not known.
Bullion Gold Resources Corp. (BGD) has released new drill results from its JJ Zone, with intercepts TG-09 and TG-10 recording 25.7 g·m and 22.1 g·m respectively. These figures sit at or modestly above the company’s previously reported best intercepts: TG-04, which returned 13.4 m @ 1.73 g/t (23.2 g·m) on 7 October 2026, and TG-05, which returned 8.4 m @ 2.49 g/t (20.9 g·m) on 23 September 2026. TG-09 was longer but lower grade, while TG-10 was higher grade over a similar width.
The company’s stock traded between C$0.08 and C$0.09 through September and October 2026, closing at C$0.08 as of 19 October. This price point represents a round-trip of early-2026 gains, leaving the share well below its C$0.11 52-week high and only above its C$0.06 low. The new results are comparable to previously demonstrated performance and do not identify a new zone, depth, or intrusive centre.
Bullion Gold Resources Corp. is a pre-resource micro-cap explorer with no revenue, no resource estimate, and total equity of approximately C$3.8M. For a company at this stage, material events typically involve a discovery, a major step-out that expands the system, or a resource or economic milestone. The six additional validation holes clustered on the same 100 m block do not constitute such events. The news incrementally de-risks the bulk-tonnage reinterpretation but does not alter the scale, grade, or odds sufficiently to change the equity’s valuation profile.
Bullion Gold Resources Corp. (TSXV: BGD; OTC Pink: BGDZF) is a Québec-focused, pre-revenue exploration junior. The company holds 100% of Terragold (Au, 38 claims, 2,058 ha, Abitibi, flagship), 100% of Langlade (Cu-Zn-Au-Ag, 74 claims, 4,127 ha), and 100% of Bodo (Cu-Au-Ag-Zn, 461 claims, 24,437 ha). It also holds a 20% net-carried interest in Bousquet (Au, 71 claims), where Olympio Metals (ASX: OLY) manages exploration and has earned 51%.
Prior-period context not disclosed in today's release includes no revenue, a Q1-2026 net loss of C$102,228, and a FY-2025 net loss of C$494,705. The company carries a going-concern flag. Cash stood at C$1.25M at FY-2025 and C$0.93M at Q1-2026, augmented by the oversubscribed C$2M June-2026 placement at C$0.09/unit. Total equity is approximately C$3.8M, with a book value per share of approximately C$0.04. Shares outstanding are stated at approximately 103.4M in the investor deck, though the June-2026 placement would bring issued shares to roughly 125M. The majority of exploration spend is capitalized as intangibles, totaling approximately C$2.2M.
Management includes Simon Britt as President & CEO, appointed in April 2026. Guy Morissette has moved to the Technical Committee, and Martin Nicoletti serves as CFO.