Bullion GOLD Intersects 16.96 G/T Au over 9 M Including 33.21 G/T Au over 4.50 M, ON the Bousquet Project
NEWS RELEASE TSX.V: BGD
BULLION GOLD INTERSECTS 16.96 G/T AU OVER 9 M INCLUDING 33.21 G/T AU
OVER 4.50 M, ON THE BOUSQUET PROJECT
January 31, 2022 - Montréal, Québec – Bullion Gold Resources Corp. (TSX-V: BGD) (“Bullion Gold”
or the “Corporation”) announces that it has completed a first drilling program of nine holes totaling 2,381
meters on the Bousquet project, located over more than 7 km along the Cadillac -Larder Lake fault, in the
Rouyn-Noranda region, in Quebec.
These holes drilled to verify the historical data of the Paquin-Est, Paquin Ouest and Decoeur zones confirm
the presence of gold, most of which have intersected several significant gold values in zones of deformation
and silicification strongly mineralized.
Located in the Paquin East zone, hole BO -21-08 intersected a 9 -meter gold section grading 16.96 g/t Au
including a 4.5-meter zone grading 33.21 g/t Au also including 1 meter at a grade of 129.25 g/t Au while
BO-21-09 revealed a gold zone of 4.5 meters at a grade of 3.21 g/t Au including 2 meters at a grade of 4.11
g/t Au.
In the Decoeur zone, holes BO -21-01 and BO -21-02 returned grades ranging from 1.03 g/t Au over 9.3
meters and 1.09 g/t Au over 17.84 meters respectively while BO-21-03 revealed a grade of 2.02 g/t Au over
3 meters in an anomalous zone of more than 12 meters along the hole.
“We are very pleased with the results obtained during this first 2021 drilling campaign. These confirm the
gold potential of the Decoeur and Paquin zones. Recognized by drilling over more than 3.5 km, the Joannes,
Decoeur, Paquin and CB 1 gold zones will e ventually be the subject of a larger drilling campaign during
2022. Definition and in-depth drilling will make it possible to establish a first 43-101 resource on this project
as soon as possible," said Jonathan Hamel, President and CEO of the Corporation
2022 Exploration Program
The Corporation is planning a definition drilling program in 2022 and intends to test the depth extensions
of the known showings as well as verify certain potential targets located north of the Cadillac -Larder Lake
fault. The northern sector of the Bousquet project has hardly ever been the subject of drilling work also, the
Corporation believes that the anomalies of low and high magnetic intensities defined in th at sector by an
airborne magnetic survey carried out during 2021 should be tested during the year.
Bousquet Project
Located 30 km east of Rouyn -Noranda, the Bousquet project is composed of 97 cells for an area of
approximately 2,675 hectares. The property extends over nearly 7 km along the Cadillac Fault. An ENE
gold corridor of more than 3.5 km long including the main gold showings confirmed by drilling is located
south of this fault. The world -renowned Cadillac-Larder Lake fault is one of the most prolific gold -bearing
faults in Canada. More than 100M ounces of gold have been produced historically in its immediate
environment. Still today, several gold deposits in production are associated with it such as Lapa, Canadian
Malartic, La Ronde, Goldex, Sigma and Lamaque.
The Bousquet property is underlain by metasedimentary rocks of the Cadillac, Timiskaming and Pontiac
groups and volcanic and intrusive flows of the Piché group. The Cadillac mining camp is mainly
characterized by three types of mineralization related to distinct auriferous geological contexts: auriferous
massive sulphide lenses (Bousquet 2 and La Ronde mines), gold -rich polymetallic veins (Doyon and
Mouska mines) and auriferous veins associated with EW oriented regional faults (Lapa deposit). The
property is 100% owned by the Corporation.
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
This press release has been read and approved by Jeannot Théberge, qualified person according to NI
43-101.
Hole # * From (m) To (m) Length (m) ** Au (g/t) Zone
BO-21-01 172,3 173,40 1,10 1,29 Decoeur
177 187,50 10,5 0,89
incl 177 178,00 1,0 1,40
incl 181,50 183,00 1,50 1,18
184,50 186,00 1,50 1,01
And 201,00 202,50 1,50 1,17
BO-21-02 117,00 133,30 16,30 1,09 Decoeur
Incl 118,50 120,00 1,50 1,52
Incl 121,50 123,00 1,50 1.75
Incl 124,50 126,00 1,50 1,00
Incl 129,00 130,50 1,50 1,02
Incl 130,50 132,00 1,50 2,24
BO-21-03 124,50 127,50 3,00 2,02 Decoeur
BO-21-07 212,00 213,00 1,00 3,74 Paquin Est
And 228,25 229,25 1,00 1,10
BO-21-08 169.00 170,00 1,00 1,40 Paquin Est
178,50 187,50 9,00 16,97
Incl 181,50 186,00 4,50 33,21
Incl 184,00 185,00 1,00 129,25
And 206,00 207,00 1,00 1,19
BO-21-09 190,00 194,50 4,50 3,21 Paquin Est
Incl 190,00 191,00 1,00 4,13
Incl 191,00 192,00 1,00 4,09
And 220,50 222,00 1,50 1,01
And 223,20 223,50 0,30 2,05
And 225,60 226,75 1,15 1,20
*Note that drill holes BO-21-04, BO-21-05 and BO-21-06 are not significant.
** Thickness along the hole.
For further information, please contact:
Jonathan Hamel
President and CEO
514-317-7956
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