Core Viewpoint - BULGOLD Inc. has completed exploration diamond drilling on the Lutila Gold Project in Central Slovakia, indicating progress in its mineral exploration efforts [1][4]. Group 1: Exploration Details - The company completed two diamond drill holes: one at the Horna Klapa target area reaching a depth of 541.7 meters and another at the newly discovered Kopernica vein system reaching 645.6 meters [2]. - Samples from the drilling have been sent to SGS Burgas in Bulgaria for analysis, with results expected to be released in early 2026 [3]. Group 2: Company Overview - BULGOLD is focused on gold exploration and development in Central and Eastern Europe, controlling 100% of three quartz-adularia epithermal gold projects in Slovakia and Bulgaria [4]. - The company believes its assets have potential for high-grade, good-metallurgy, low-sulfidation epithermal gold mineralization [4]. Group 3: 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 [5].
BULGOLD Provides Exploration Update on the Lutila Gold Project
Globenewswire·2025-12-12 12:15