Bullion GOLD Resources Begins a Drilling Campaign ON Bousquet
NEWS RELEASE TSX.V: BGD
BULLION GOLD RESOURCES BEGINS A DRILLING CAMPAIGN ON BOUSQUET
September 22, 202 2 - Montréal, Québec – Bullion Gold Resources Corp. (TSX-V: BG D) (“Bullion
Gold” or the “ Corporation”) announces the start of a drilling campaign of at least 1,000 meters on the
Bousquet project. The drilling program will focus on the Paquin East showing. The targets determined using
3D modeling and geophysical inversion performed by GoldSpot Discoveries wi ll aim to test the potential
lateral and depth extensions of the Paquin East zone.
“We are very happy to relaunch drilling on Bousquet. The project is located in the heart of one of the best
mining camps in the world and could reveal interesting potential given the first results published at the
beginning of the year (16.96 g/t Au over 9 meters - see press release of January 31, 2022 ). said Mr.
Jonathan Hamel, President and Chief Executive Officer of the Company.
Historical works
Five gold showings, Decoeur, Paquin Est and Paquin Ouest, CB 1 and Joannes, were discovered during
the first exploration work (1932 to 1945) on the property. They are located within a 2.5-kilometer
hydrothermal gold system in a shear zone parallel to the Cadillac-Larder Lake Fault approximately one km
south of it. These showings probably formed in the same episode of mineralization within regional east -
west trending faults.
On the Paquin showings, grades of 7.13 grams per ton of gold over 12.10 meters, 4.51 g/t Au over 9.40 m
and 2.44 g/t Au over 13 m were intersected in the historic drillings (GM 07013-A). On the Decoeur showing,
1.26 g/t Au over 18.60 m and 1.16 g/t Au over 16.80 m were intersected in historical drilling (GM 07013-A).
On the newly acquired west block, 26.46 g/t Au and 19.55 g/t Au over widths of 1.5 m were discovered on
the Joannes gold showing (GM 00735-B).
At the end of 2021, in the Paquin East zone, drill 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 Decoeu r 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. meters 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 alo ng the hole.
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.
The deepest gold intersection on the property was on the Paquin showing at a vertical depth of 325 m
where 23.52 g/t Au over 1.2 m was intersected (GM 61411). High -grade gold mineralization at depth is
known from nearby mining operations. For example, grades of 38.1 g/t Au over four m were found at a
vertical depth of 1,600 m at th e Westwood mine (IAMGOLD), 14.8 g/t Au over 4.9 m at the 1,335 m level
at the Lapa mine (Agnico Eagle). Recent drilling at the former O'Brien mine by Radisson intersected 24.22
g/t Au over three meters at 900 meters depth. Longitudinal sections of historic al drilling show that all the
showings of this powerful gold system are open at depth and future drilling will verify their continuity at
depth.
Other drill targets will include anomalous gold -bearing felsic intrusions in the Cadillac -Larder Lake Fault
which bear significant geological parameters with felsic intrusions in the Malartic mining district. The CB 1
gold showing will also verify the continuity at depth of a shallow intersection of 8.09 g/t Au over two meters.
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 mai n 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 mine s), 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.
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 Hamel
President and CEO
514-317-7956
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