Drill Results
Bullion, Olympio find visible gold at Bousquet

BGD · Price
Executive Summary
- Bullion Gold Resources and partner Olympio Metals intersected multiple visible gold occurrences in drill hole BO-26-63 at the Paquin prospect of the Bousquet Gold Project.
- The intersection spans a 6.25-metre interval (182.75–189.00 m) characterized by up to 80% black quartz veining, up to 5% sulphides, and strong carbonate-chlorite alteration.
- The follow-up drilling program targets expansion of significant 2025 intercepts, with full laboratory assay results scheduled for release in March 2026.
Key Details
- Drill Hole & Location: BO-26-63 (4th hole of follow-up program) at the Paquin gold prospect, Bousquet Gold Project, Quebec, Canada (Cadillac Break).
- Primary Interval: 6.25 metres (182.75 m to 189.00 m) containing multiple grains of visible gold throughout the core box.
- Geological Characteristics: Up to 80% dark/smoky black quartz veining, up to 5% sulphides, and strong carbonate-chlorite alteration.
- Additional Logging: Further zones of quartz veining, sulphides, and alteration identified throughout the drill hole.
- Contextual 2025 Intercepts:
- BO-25-27: 6.40 m @ 6.54 g/t Au from 183.0 m
- BO-25-28: 7.90 m @ 6.20 g/t Au from 138.0 m
- BO-25-28: 1.50 m @ 54.20 g/t Au from 235.5 m
- Assay Timeline: Visual estimates are preliminary and not a proxy for lab analysis; full laboratory assay results are expected in March 2026.
- Option Agreement Terms: Olympio Metals holds an option to acquire an 80% interest in the Bousquet project from Bullion Gold Resources for $1.25 million (cash and shares) plus a $2 million exploration investment. Olympio has paid $300,000 and completed ~$1.0 million in exploration spend to date. Bullion retains a 20% undivided net carried interest.
- Qualified Person: Gilles Laverdiere, PGeo (Chairman of Bullion Gold board).
Notable Quotes
- Sean Delaney, Managing Director, Olympio Metals: "We are delighted to see significant visible gold in the fourth hole of our follow-up program at Paquin. Hole BO-26-63 has confirmed the potential of the main lode at Paquin. The drill program is ongoing and will keep the market updated as the program progresses."
- Guy Morissette, CEO, Bullion Gold Resources: "A second phase of drilling is off to a great start. We are very pleased to see such a significant gold presence in this area. This confirms the gold potential of the Bousquet project. Our partner Olympio is doing excellent work, and we remain optimistic about the immediate future of this project."
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Jun 30, 2026 · 07:01