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Drill Results Routine +

Bullion Reports 5.4 g/t Au and 5.0 g/t Ag in Surface Grab Sample and Commences Validation Drilling at Terragold

By The Northwire Desk — AI Analysis Jun 30, 2026 · 07:01 BGD · 0.075 Bullion Gold Resources Corp.
BGD · Price

Bullion Gold Resources Corp. (BGD) has released an exploration update for its 100% owned Terragold Project in Quebec, highlighting surface grab sample results and the commencement of a validation drilling campaign. The company announced the start of a 3,000-meter diamond drilling program designed to test approximately 300 meters of the principal mineralization trend. The initial phase consists of 11 drill holes (TG-01 to TG-11) planned to validate historical high-grade intersections and extend the tight-spaced drill pattern directly into the Terragold Showing area.

Four surface grab samples were collected, with the most significant result being 5.42 g/t Au and 5.00 g/t Ag from a quartz breccia and quartz stockwork sample. The remaining samples yielded the following results:

  • Sample F158002 (Quartz breccia and quartz stockwork): 5.42 g/t Au, 5.00 g/t Ag.
  • Sample F158001 (QFP-style intrusive): 1.24 g/t Au, 0.30 g/t Ag.
  • Sample F158003 (QFP-style intrusive): 0.64 g/t Au, 0.30 g/t Ag.
  • Sample F158004 (Intermediate to mafic volcanic rock): 0.02 g/t Au, 0.20 g/t Ag.

The Terragold project consists of 38 claims covering 2,058 hectares, located 12 km south of Senneterre, Quebec. Historical drilling has intersected mineralization over a cumulative strike length exceeding 2 kilometres to a depth of approximately 250 metres. A historical bulk sample of 237 kg graded 3.64 g/t Au.

Simon Britt, President and CEO, commented on the findings: "The presence of silver is an encouraging development, as historical drilling and assay records provided little indication of its potential association with the Terragold mineralizing system. With field preparations now complete and drilling to commence shortly, we look forward to evaluating the full geochemical signature of the system and reporting the results of our validation program in the coming months."

In administrative updates, the company launched a new corporate website at bulliongold.ca. Bullion Gold Resources also issued a correction to its private placement disclosure regarding a non-brokered private placement closed on June 17, 2026. Finder's fees of $71,431 in cash were paid, and 793,680 warrants were issued, exercisable at $0.09 per unit for 18 months. Each unit consists of one common share and one-half of one common share purchase warrant exercisable at $0.15 per share for 18 months.

Read the original news release →

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