BULGOLD Commences Drilling on the Lutila Gold Project
Globenewswire·2025-10-30 11:15

Core Insights - BULGOLD Inc. has initiated exploration diamond drilling at the Lutila Gold Project in Central Slovakia, which spans an area of 32.2 km² and is believed to be prospective for quartz-adularia, low-sulfidation epithermal gold mineralization [1] - The company plans to drill test the Horna Klapa target area with specific details provided for the planned drill hole [1] Company Overview - BULGOLD is a gold exploration company focused on mineral exploration projects in Central and Eastern Europe, controlling 100% of three quartz-adularia epithermal gold projects in Slovakia and Bulgaria: Lutila, Kostilkovo, and Kutel Gold Projects [2] - Management believes that these assets have potential for high-grade, good-metallurgy, low-sulfidation epithermal gold mineralization [2] Shareholder Information - As of September 30, 2025, BULGOLD had 49,132,335 issued and outstanding shares, with approximately 28.3% held by Founders, Directors, and Management [3]