Bullion Gold optionee to resume drilling at Bousquest

• Olympio Metals Ltd. has successfully earned an initial 51% interest in the Bousquet gold project from Bullion Gold Resources Corp., completing Stage 1 of the option agreement ahead of schedule.
• The company is resuming Phase 3 drilling activities to test lateral and down plunge extensions of a previous high-grade intercept (19.4m @ 17.29 g/t Au).
• Future milestones for earning an additional 29% interest (Stage 2) involve cash payments, share issuances, and exploration expenditures over the next five years, leading to a Joint Venture structure.
• If Stage 2 conditions are met, Olympio holds 80% interest and Bullion holds 20% free carried interest until initial production; OLY retains right of first refusal to purchase Bullion's JV2 20-per-cent interest.
• Simon Britt, President and CEO, welcomed the continuation of exploration activities following outstanding results delivered from Olympio's phase 2 drilling campaign on Bousquet.

• The news confirms that the partnership with Olympio Metals is progressing as planned, validating the asset quality through an external partner's willingness to invest further capital.
• Earning the interest ahead of schedule suggests strong operational execution by the optionee and reduces immediate risk of deal failure at this stage.
• However, the milestone itself does not introduce new geological data or resource estimates; it is a procedural confirmation based on previous drilling results (March 2026).
• The financial impact is limited to future cash inflows from Stage 2 milestones ($500k cash + $1M exploration spend), which are spread over five years and do not provide immediate liquidity relief.
• Given the March 2026 high-grade drilling results were already priced into the stock, this administrative milestone is incremental rather than transformative.

• Bullion Gold Resources Corp. is an exploration-stage company focused on gold and polymetallic assets in Quebec, Canada.
• Flagship Project: Bousquet Gold Project (Abitibi Greenstone Belt).
• The Bousquet project features high-grade gold mineralization on the Cadillac Break, a regional structure hosting world-class deposits.
• Other significant assets include Terragold (100% owned), Langlade (VMS polymetallic), and Bodo (polymetallic showing).
• The company is currently in an exploration phase with no production revenue; value relies entirely on discovery and resource definition.