Bousquet Drilling Demonstrates Down Dip Potential at Paquin

Executive Summary

• Bullion Gold’s partner Olympio Metals completed the first phase of drilling on the Bousquet Project (32 holes, 7,083 m) and reported several high‑grade gold intercepts.
• Notable intersections include 5.4 m @ 7.60 g/t Au (including 2.9 m @ 10.27 g/t Au) and a spectacular 1.5 m @ 54.20 g/t Au from hole BO‑25‑28, plus additional grades from holes BO‑25‑41 to BO‑25‑44.
• Fifteen remaining drill holes are pending assay; results are expected in the coming months, supporting continued expansion of the Paquin prospect and a larger 360 m strike length.

Key Details

• Drilling Program Completion: 32 diamond drill holes totaling 7,083 m drilled across the Bousquet Project.
• High‑Grade Intercepts Reported:
• BO‑25‑27: 5.4 m @ 7.60 g/t Au (including 2.9 m @ 10.27 g/t Au)
• BO‑25‑28: 7.9 m @ 6.20 g/t Au; 1.5 m @ 54.20 g/t Au
• BO‑25‑41: 4.9 m @ 2.16 g/t Au (182–187 m)
• BO‑25‑43: 2.6 m @ 3.13 g/t Au (190–192.6 m)

• BO‑25‑44: 1.0 m @ 6.33 g/t Au (219–220 m)

• Pending Results: Assays for an additional 15 holes covering Paquin, Paquin South, Decoeur East and CB1 prospects are outstanding; results to be released in coming months.

• Structural Insight: Drill data indicate down‑dip continuity over ~200 m between BO‑25‑41 and BO‑25‑43 and potential mineralization linking Paquin and Paquin Deeps targets.
• Prospect Extent: Paquin now extends >360 m along strike, open both west toward Amadee prospect and east/down‑dip; combined strike length with Amadee is ~1.2 km.
• Geophysical Support: VLF EM survey highlights a continuous linear anomaly coincident with known mineralization, supporting structural continuity over 1.2 km.
• Future Plans: Olympio will model the pending core data to design the next drilling phase; analysis of the completed program continues through Q4 2025.

Notable Quotes

“These results give us confidence that Paquin will continue to grow as we explore the down‑dip potential… We are continuing to grow the Bousquet Gold Project and believe it has significant potential upside to come.” – Sean Delaney, Managing Director, Olympio Metals

“The recent results clearly demonstrate the full potential of the main gold zones. The upcoming drilling work will help to consolidate an economic gold resource on the surface.” – Guy Morissette, President & CEO, Bullion Gold Resources