Bullion Gold identifies Au grains at Cadillac-Extension

Executive Summary

• Bullion Gold identified coarse, angular gold grains in a basal‑till sample collected ~150 m north of the Langlade VMS prospect, indicating a nearby undiscovered gold source.
• The company will launch an expanded till‑sampling program toward the end of October and is evaluating high‑resolution magnetic surveying and additional drill targets on the property.
• Closed a private placement of 2.8 million flow‑through share units at $0.07 per unit, raising $196,000 for eligible Canadian exploration expenses.

Key Details

• Till Sample Findings
• Five‑kilogram basal till sample contained dozens of gold grains ranging from 0.02 mm to 3.5 mm.
• Grains are coarse, irregular, and angular, attached to quartz—interpreted as a strong proximity indicator of a nearby mineralized source north of Langlade.
• Interpretation & Future Work
• Glacial transport modelling suggests the gold source is relatively close to the sampling point (northeasterly displacement).
• Expanded till‑sampling program scheduled to commence late October 2026.
• Company reviewing historical and geophysical data; considering high‑resolution magnetic survey to locate the exhalative horizon.
• Identified several priority drill targets: east/northeast extensions of Langlade, deeper continuity, and strong EM anomalies in the eastern project area (historically undrilled).
• Private Placement Financing
• Issued 2.8 million flow‑through share units at $0.07 per unit; gross proceeds of $196,000.
• Each unit includes one flow‑through share and half a common‑share purchase warrant (exercise price $0.10, 12‑month term).
• Finder’s fee: 6 % cash ($11,760) plus 84,000 finder warrants (exercise price $0.10, 12‑month term).
• All securities subject to a four‑month‑plus‑one‑day hold period ending 2026‑02‑02; placement pending TSX Venture Exchange approval.
• Qualified Person
• Technical information reviewed and approved by Gilles Laverdière, P.Geo., Chairman of the Board and qualified person under NI 43‑101.

Notable Quotes

“The identification of angular gold grains, especially the coarser ones, is an excellent proximity indicator and validates our hypothesis that the northern sector of the Langlade prospect could conceal a significant gold source that was not detected by historical work,” – Guy Morissette, CEO.