Bulgold Commences Drilling ON the Lutila GOLD Project
BULGOLD COMMENCES DRILLING ON THE LUTILA GOLD PROJECT
Toronto, ON. October 30, 2025 – BULGOLD Inc. (TSXV: ZLTO) (the “Company” or “ BULGOLD”) announces
that it has commenced exploration diamond drilling on the Lutila Gold Project located in Central Slovakia. The
Lutila exploration licence covers an area of 32.2km ² and is prospective for quartz -adularia, low -sulfidation
epithermal gold mineralisation.
The Company will be drill testing the Horna Klapa target area; planned drill hole details as follows:
HOLEID X_UTM34N Y_UTM34N Z_UTM34N PL_depth (m) PL_azimuth PL_dip
HKDD001 343720 5390830 596 600 310 -50
For further information please see the Company’s current Corporate Presentation dated October 2025.
About BULGOLD Inc.
BULGOLD is a gold exploration company focused on the exploration and development of mineral exploration
projects in Central and Eastern Europe. The Company controls 100% of three quality quartz-adularia epithermal
gold projects located in the Slovak and Bulgarian portions of the Western Tethyan Belt: the Lutila Gold Project, the
Kostilkovo Gold Project and the Kutel Gold Project. Management of the Company believes that its assets show
potential for high-grade, good-metallurgy, low-sulfidation epithermal gold mineralisation.
On September 30, 2025, BULGOLD’s issued and outstanding shares were 49,132,335 of which approximately
28.3% were held by Founders, Directors and Management.
Additional information about the Company is available on BULGOLD’s website ( www.BULGOLD.com) and on
SEDAR (www.sedarplus.ca).
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Information
This press release contains forward ‐looking statements and forward ‐looking information within the meaning of
applicable securities laws. These statements relate to future events or future performance and include statements
regarding the exploration plans of the Company and the timing thereof . All statements other than statements of
historical fact may be forward‐looking statements or information. The forward‐looking statements and information are
based on certain key expectations and assumptions made by management of the Company. Although management
of the Company believes that the expectations and assumptions on which such forward -looking statements and
information are based are reasonable, undue reliance should not be placed on the forward‐looking statements and
information since no assurance can be given that they will prove to be correct.
Forward-looking statements and information are provided for the purpose of providing information about the current
expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on
such statements and information may not be appropriate for other purposes, such as making investment decisions.
Since forward‐looking statements and information 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 a
number of factors and risks, including the inherent uncertainty of mineral exploration; risks related to title to mineral
properties; and credit, market, currency, operational, commodity, geopolitical, liquidity and funding risks generally,
including changes in economic conditions, interest rates or tax rates and general market and economic conditions.
Accordingly, readers should not place undue reliance on the forward‐looking statements and information contained
in this press release. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward‐looking
statements and information contained in this press release are made as of the date hereof and no undertaking is
given to update publicly or revise any forward ‐looking statements or information, whether as a result of new
information, future events or otherwise, unless so required by applicable securities laws. The forward -looking
statements and information contained in this press release are expressly qualified by this cautionary statement.
For further information, please contact:
BULGOLD Inc.
Sean Hasson, President and Chief Executive Officer
Telephone: +359 887 560 545
Email: [email protected]
Website: www.BULGOLD.com