Blossom Gold receives Approval from the USBLM to initiate metallurgical, resource expansion and confirmation core drilling at the recently acquired Rosebud Project
Blossom Gold receives Approval from the USBLM to initiate metallurgical,
resource expansion and confirmation core drilling at the recently acquired
Rosebud Project
TORONTO, ON – March 12, 2026 ─ Blossom Gold Inc. (formerly, 1290448 B.C. Ltd.) (“Blossom” or
the “ Company”) (TSX: BGAU) is pleased to announce th at Investmin Resources (Nevada) Inc. ,
Blossom’s wholly owned subsidiary, has received approval from the U.S. Bureau of Land
Management (“USBLM” or “BLM”) to begin work under the Notice of Intent (“NOI”) filed with
the BLM on February 12, 2026 for the initiation of core drilling and permitting evaluation for the
recently acquired Rosebud Project (“Rosebud” or the “Project”) in Pershing County, Nevada.
Blossom’s planned disturbance under the NOI reflects the construction of 29 drill pads that will
be used for both metallurgical sampling (8 PQ core holes) and resource drilling (HQ core) across
the resource pit shell of its current 70.8 Mton inferred mineral resource, as well as along its
margins, to expand the open pit resource and upgrade its resource classification. Additionally,
these locations will be used to drill geotechnical, geochemical and hydrological holes in support
of the Project’s Plan of Operations, Environmental Impact Statement and Feasibility Study.
Earthworks associated with establishing a laydown area to support the drilling operations has
begun and will be followed by the systematic construction of drill pads. Major Drilling has been
contracted to provide services with four drill rigs for an expected 80,000 feet (24,384m) of core
drilling. The first rig is expected to arrive , and the first metallurgical hole coll ared, the week of
March 16th. The additional r igs will then arrive and be assigned zones to drill. All four rigs are
expected to be in operation by mid -April with the entire drilling program expected to be
completed by the end of Q2 2026.
Drill core will be transported approximately 45 miles to Blossom’s core processing facility outside
Winnemucca, Nevada for cleaning, photography, logging, cutting and sampling. Metallurgical
samples will be cleaned, photographed, logged, and cut with ¼ kept for sample preparation and
¾ delivered to Kappes Cassiday Associates in Reno for bottle roll, column leaching, material
characterization and environmental testing. All metallurgical holes are expected to be under leach
in columns by the end of April 2026. Expansion and confirmation holes will be prepped, sampled
and shipped to Reno and Elko, Nevada for assay and geochemical analysis. Geotechnical holes
will be located to obtain the information necessary to meet the standards and requirements for
permitting and Feasibility studies. All work will meet QA/QC standards under NI 43 -101 for
collection, preparation, transportation and sampling.
Rick Winters, Blossom Gold’s CEO, commented, “Now is when the rubber hits the road and the
truth sticks will soon be turning. Our core handling and preparation facilities are nearing
completion outside Winnemucca. Geologists are arriving. Our earthworks contractor began
mobilizing earlier this week in anticipation of the receipt of the NOI approval from the BLM. The
focus of this +24,000m program is to meaningfully de-risk the Project.
First, we will address questions on leachability with over 1,100m of PQ core to be drilled in eight
holes in all host rock types. Mineralization will be under leach in columns by the end of April. We
will run bottles rolls in front of the columns to get initial indications of precious metals recovery
in 30 to 45 days with the first 90 days of column results expected to begin in July and continue
through the end of 2026. Second, we will look to focus on expansion of the existing 70.8 Mton
inferred mineral resource by targeting areas obviously requiring greater sample density as well as
gaps that become apparent when considering metal prices above US$2,500 and US$35/ounce for
gold and silver, respectively. We expect to meaningfully expand our current open pit resource.
Finally, we will take the lead of our permitting consultants to conduct the drilling necessary to
collect the geotechnical, geochemical and hydrolo gical samples required for the Plan of
Operations, Environmental Impact Statement and Feasibility Study.
At Blossom Gold, our task is to : confirm, which we have done with the mineral resource
estimation and will complete with our metallurgical testing program; expand, which we will do
with over 22,000m of deposit expansion and confirmation drilling; optimize, which will begin with
the opening, rehabilitation and establishment of drill stations underground the second half of
2026; and, develop, which drives our permitting efforts to allow construction to begin the second
half of 2028 following feasibility, which is scheduled to begin Q1 2027. We are fully funded for
the effort and more than excited to execute for the benefit of our shareholders.”
About Blossom Gold Inc.
Blossom is a Canadian -based precious metals exploration and development company that
recently began trading on the TSX under the symbol BGAU. Blossom acquired the Rosebud Project
in connection with the TSX-listing and will be focused on the exploration and development of the
project. The Rosebud Project includes the former Rosebud Mine, where mining was conducted
from 1997 through 2000 by the Rosebud Mining Company, a Newmont-Hecla joint venture, using
underground mining methods where the mine operated at a cut-off grade of approximately 0.2
opt Au (6.8 g/t Au), when gold prices ranged from US$250 to US$350/oz; with mined material
truck-hauled approximately 120 miles to an existing Newmont oxide mill for processing.
The current vision for the Rosebud Project is to evaluate the remaining higher -grade
mineralization and the surrounding larger volume of lower grade mineralization as a potential
open pit mining operation with on -site, heap-leach processing and recovery of gold and silver.
The Rosebud Project currently hosts an Inferred Mineral Resource of 70.755 million tons grading
0.68gAu/t (0.018opt Au) and 6.49gAg/t (0.189opt Ag) for 1.28 million ounces of gold and 13.4
million ounces of silver. The mineral resource estimate was open pit constrained using long term
gold and silver prices of US$2,500 and US$35 per ounce , respectively. The deposit is open in all
directions.
Further details on Blossom and the Rosebud Project, including the technical report titled “Mineral
Resource Estimate for the Rosebud Property, Pershing County, NV, USA” by Northern Lights
Mining LLC, with a report date of December 17, 2025 and an effective date of November 1, 2025,
can be found under the Company’s profile on SEDAR+ at www.sedarplus.com and the Company’s
website at www.blossomgold.com.
Qualified Person
The scientific and technical information contained in this news release has been reviewed and
approved by Dino Titaro, P .Geo., a Director of Blossom who is a Qualified Person as defined in
National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
For further information, please contact:
Blossom Gold Inc.
110 Yonge Street, Suite 1601
Toronto, Ontario, Canada M5C 1T4
Email: [email protected]
Cautionary Statement on Forward-Looking Information
This news release contains “forward-looking information ” within the meaning of applicable
Canadian securities legislation. All statements other than statements of historical facts included
in this news release constitute forward-looking information, including but not limited to
statements regarding the Company’s plans, prospects and business strategies , including the
Company’s timeline regarding permitting and commencing construction, and its vision regarding
the Rosebud Project. Terminology such as “plan”, “expect”, “schedule”, “estimate”, “forecast”,
“intend”, “anticipate”, “believe”, “may” or “will” and similar expressions identify forward-looking
information. By identifying such information in this manner, Blossom is alerting the reader that
such information is subject to known and unknown risks, uncertainties and other factors that may
cause the actual results, level of activity, performance or achievements of Blossom to be materially
different from those expressed or implied by such information. In addition, in connection with the
forward-looking information contained in this news release, Blossom has made certain
assumptions. Among the key factors that could cause actual results to differ materially from those
projected in the forward-looking information are the following: the inability of Blossom to achieve
any one or more of the key catalysts on the timeline expected, or at all , and any changes in the
development of the business of Blossom, as well as those risk factors more generally set out in
Blossom’s AIF, which is available under Blossom’s profile on SEDAR+ at www.sedarplus.com.
Should one or more of these risks, uncertainties or other factors materialize, or should
assumptions underlying the forward-looking information prove incorrect, actual results may vary
materially from those described herein. Although Blossom believes tha t the assumptions and
factors used in preparing, and the expectations contained in, the forward-looking information are
reasonable, undue reliance should not be placed on such information, and no assurance or
guarantee can be given that such forward -looking information will prove to be accurate. The
forward-looking information contained in this news release is provided as of the date of this news
release, and Blossom does not undertake to update any forward -looking information that is
contained or referenced herein, except in accordance with applicable Canadian securities laws.