Moore and Gervais Appointed Directors of Bullion GOLD Resources
NEWS RELEASE TSX.V: BGD
MOORE AND GERVAIS APPOINTED DIRECTORS OF BULLION GOLD RESOURCES
December 4, 2024 - Montreal, Quebec – Bullion Gold Resources Corp. (TSX-V: BGD) (“Bullion Gold”
or the “Company”) is pleased to announce the appointments of MM. Jean-David Moore and Luc Gervais
to its Board of Directors. MM. Moore and Gervais are well known in the Quebec mining industry and will
provide support at all levels.
Mr. Gervais has a mining engineering degree from Laval University and is a member of the Ordre des
Ingénieurs du Québec (OIQ). M. Gervais has 35 years of experience in engineering, construction and
maintenance in the mining and metallurgy sectors and has h eld several management positions in
metallurgy departments for different producers. He was also a director of Vanstar Mining Resources Inc.,
which was acquired by IAMGOLD in 2024. Mr. Gervais is a shareholder of Bullion Gold Resources.
Mr. Jean-David Moore has also been involved in the mining industry for many years. He acts as an advisor
and director of several mining companies operating mainly in Quebec. Mr. Moore is also a seasoned
investor in the mining industry, holding numerous signifi cant positions in more than fifty junior mining
companies. Mr. Moore was also a director of Vanstar Mining Resources Inc. at the time of the acquisition
by IAMGOLD. A graduate of Laval University in Forestry Engineering, Mr. Moore holds a master’s degr ee
also from Laval University, in Québec. He is a member of the Order of Forest Engineers of the Province of
Québec (OIFQ). As a forestry scientist, he has published more than 70 scientific publications in different
international journals.
Mr. Moore is a major shareholder in the Company.
“In my opinion, Bullion Gold’s Bodo project offers a great opportunity to potentially participate in the
discovery and development of a future mining project in a region that is still very little explored. The
regularity of the various strategic indicator minerals found on Bodo may indicate the presence of a VMS or
a standard polymetallic deposit (Au, Ag and Cu) in this environment. Recent successes such as Power
Nickel (PNPN) or Abitibi Metal in little explored areas allow us to believe in the chances of s uccess,” said
the new director.
Mr. Moore replaces Mr. Michael Côté -Gagnon who resigned as a director to take on the role of Chief
Financial Officer (CFO) of the Corporation, replacing Mr. Jonathan Hamel who was holding this position on
an interim basis. Mr. Côté-Gagnon holds a master’s degree in economics from Université Laval and has a
long track record in corporate administration and mergers and acquisitions.
Bodo Project
The Bodo project is located approximately 45 km north of Lake Mistassini, in Jamésie. Recently, following
the publication by the MRNF of the results from their 2024 exploration work, the company added 41 cells
to its project for a current total of 763 cell s for an area of approximately 40.7 km². The Bodo property
contains a geological environment favorable to the presence of strategic minerals and precious metals and
numerous significant results from drilling or surface sampling demonstrate real potential for the possible
presence of a VMS or a polymetallic deposit. Significant magnetic anomalies and structural faults are also
associated with the main known showings.
Figure 1 : Metric mineralized zone hosted in conglomerate and deformed arenite. The zone contains 10-15 cm thick lenses of semi-
massive to massive pyrite. Gold mineralization associated with quartz pebble conglomerates and pyritic quartzites of the Voirdye
Formation
In 2024, the MRNF completed a geological and sampling survey in the western part of the project
associated with the Lac des Montagnes Group. Several significant showings were noted in copper, zinc,
gold and nickel throughout the sector, including the discovery of the Licé lithium showing and the Didi zinc
showing. The MRNF is awaiting other assay results from this sector. The Lac des Montagnes Group is
associated with the recent discovery of Power Nickel (Lion Showing).
Figure 2 : Sample from a decimetric lens of semi -massive sulfides hosted in a conglomerate. The sample contains up to 30%
medium-grained pyrite. Voirdye Formation 1.
In summary, this large project offers a lot of potential for the discovery of strategic minerals and precious
metals. The company plans to carry out a series of works in 2025, including an airborne magnetic and
VTEM survey as well as a larger exploration p rogram followed, depending on financial availability, by a
drilling program in the Rivon Lake showing area.
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 of Quebec. The Company is developing the 100% owned Bousquet and Bodo SM projects.
For more information, visit www.bulliongold.ca.
For further information, please contact:
Jonathan Hamel
President and CEO
Other Information
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statements are based on certain key expectations and assumptions made by the Corporation. Although Bullion Gold believes that the
expectations and assumptions on which the forward -looking statements are based are reasonable, undue reliance should not be
placed on the forward-looking statements because Bullion Gold can give no assurance that they will prove to be correct. Since forward-
looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual
results could differ materially from those currently anticipated due to several factors and risks. In addition to other risks that may affect
the forward-looking statements in this press release are those set out in the Corporation’s management discussion and analysis of
the financial condition and results of operations for the year ended December 31, 20 23 and the third quarter ended September 30,
2024, which are available on the Corporation’s profile at www.sedar.com. The forward -looking statements contained in this press
release are made as of the date hereof and Bullion Gold undertakes no obligation to update publicly or revise any forward -looking
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