Bullion Gold Begins Geochemical Survey of Base Till on Langlade and Appoints a New Director to Its Board
Newsfile·2025-11-13 13:15

Core Insights - Bullion Gold Resources Corp. has initiated a geochemical survey program following the discovery of gold grains in a base till sample from the Langlade project, indicating potential for significant mineralization [1][4] - The company has appointed Sébastien Plouffe as a new director, bringing over 30 years of experience in financial markets and project development [11] - A private placement has been completed, raising gross proceeds of $234,250 through the issuance of 3,346,429 units at a price of $0.07 each [12][13] Geochemical Survey Program - The company is conducting a systematic glacial sediment sampling program across three grids, involving approximately 530 basal till samples to assess gold and polymetallic targets [2] - Sampling is performed using an auger in a 50-meter grid pattern to understand metal dispersion in glacial sediments, focusing on copper, zinc, gold, and silver [2] - The program is supervised by a consulting geologist to ensure data quality, with geochemical analyses conducted by Agat Laboratories [3] Langlade Project Details - The Langlade project covers 72 cells over 4,128 hectares, located approximately 100 km east of Senneterre, Quebec, with year-round access [5] - Historical drilling by Cominco in the 1990s revealed mineralization extending 600 meters laterally and nearly 900 meters in depth, with potential for further extension [6] - Current management hypothesizes that the deposit may be located within a fold hinge, suggesting unexplored sectors could hold significant mineralization potential [7] Future Plans - The company aims to verify the extent of gold and polymetallic mineralization near the Langlade deposit and identify new targets based on recent surface sampling [9] - A planned drilling program will test the current management's hypothesis regarding the deposit's structure once permits are obtained [7] Financial Activities - The private placement will be used for general corporate purposes, with securities subject to a four-month hold period [13] - The company has granted stock options to directors and consultants to purchase up to 2,000,000 common shares at a price of $0.10 per share [14] - An extension of 2,899,285 share warrants expiring in December 2025 is proposed, subject to approval [15] Marketing and Communication - An agreement with Volume Hunters Inc. has been established for the publication and distribution of public information across various platforms, enhancing the company's visibility [16][17]