Bullion Gold Notes the Presence of Visible Gold in its Ongoing Drilling at Bousquet
05 Octubre 2022 - 8:00AM
Bullion Gold Resources Corp. (TSX-V: BGD)
(“
Bullion Gold” or the
“
Corporation”) announces that it has completed a
drilling program of approximately 1,000 meters on its Bousquet
project. This program, consisting of four holes, had the objectives
of testing the extensions at depth as well as better defining part
of the Paquin East zone.
The drillings all encountered the potential
mineralized, altered, and silicified zones sought. Visible gold was
even noted in one of the boreholes. Core description is in progress
and samples are expected to be shipped to the assay lab within the
next few days.
The Bousquet project, made up of 71 claims
covering an area of approximately 2,369 hectares, runs along
nearly 8 km of the Cadillac-Larder Lake fault, one of the most
prolific gold-bearing faults in the world. South of the CLL fault,
there are the Paquin East and West, Decoeur, Joannès and CB-1 gold
showings, which are located in a gold corridor recognized by
drilling of approximately 2.75 km.
To the west and north of the CLL fault, very
little exploration work has been done there in previous years.
Based on an aerial magnetic survey, the company has traced several
targets to be eventually tested by drilling.
For now, the Company is concentrating its
resources in the southern part where most of the gold showings are
found. The company has obtained all the necessary permits that can
support a drilling program of more than 10,000 meters. A financing
round is anticipated during the fall period.
This press release was read and approved by
Gilles Laverdière, P.Geo., director, and Qualified Person under
National Instrument 43-101.
About Bullion Gold Resources
Bullion Gold is involved in the identification, exploration, and
development of viable mineral properties in the Province Quebec and
British Columbia. For more information on the Corporation, visit
www.bulliongold.ca.
For further information, please contact:
Jonathan HamelPresident and
CEOjhamel@bulliongold.ca 514-317-7956
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