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Bullion Gold Resources (OTC:TTEXF) announced a non-brokered private placement of up to 16,666,667 units at $0.09 per unit, for gross proceeds of up to $1.5 million. Each unit includes one share and half a warrant exercisable at $0.15 for 18 months.
Net proceeds will mainly fund a validation drilling campaign at the Terragold project, scheduled to start in late June 2026. Closing is expected around June 18, 2026, subject to TSX Venture Exchange approval and customary conditions. Certain insiders may participate under MI 61-101 exemptions.
Olympio Metals (OTC:TTEXF) has resumed Phase 3 drilling at the Bousquet Gold Project after earning an initial 51% interest under its option with Bullion Gold Resources.
The campaign will test lateral and down-plunge extensions of a prior intercept of 19.4 m at 17.29 g/t Au in the Main Lode, supported by televiewer surveys. Olympio can earn a further 29% over five years via C$500,000 cash, C$250,000 in shares and C$1,000,000 in exploration, potentially leading to an 80/20 JV where Bullion is free carried to initial production.
Bullion Gold Resources (OTC: TTEXF) appointed veteran geologist Claude Britt to its Technical Committee, adding over 50 years of mining and exploration experience. A May 13, 2026 site visit at the Terragold project located historical trenches and drill holes to plan a June 2026 validation drilling campaign.
Bullion Gold Resources (TSXV: BGD, OTC: TTEXF) completed a comprehensive historical data compilation and a Leapfrog 3D geological model for its 100%-owned Terragold Project in the Abitibi Belt, Quebec.
Highlights include 107 compiled drill holes, gold mineralization over ~2.2 km strike to 250 m depth, a 237 kg bulk sample grading 3.64 g/t Au, and multiple high-grade intervals. The mineralized system remains open in all directions. The 3D model is available on Bullion’s YouTube channel and will guide a planned confirmation drilling campaign. Historical results are not yet NI 43-101 compliant and require verification.
Bullion Gold (symbol TTEXF) reported results from the first two 2026 drill holes at Langlade, confirming lateral continuity of the Langlade showing. Key intersections include 41.0 m at 1.03% CuEq (LAN-26-28) and 30.2 m at 0.95% CuEq (LAN-26-27), with higher-grade cores to 3.05% CuEq.
Results show significant polymetallic content including silver to 81.33 g/t and zinc to 2.42%; true thicknesses estimated at ~80–85% of core length.
Bullion Gold Resources Corp. (TSXV: BGD) announces a non-brokered private placement targeting $1M in gross proceeds, comprising $200K in units at $0.05 each and $800K in flow-through units at $0.07 each. The funds will support exploration of its Bodo Project and working capital needs.
The Bodo project, spanning 40,400 hectares north of Lake Mistassini, features multiple gold and polymetallic showings. Recent exploration in June 2024 confirmed its polymetallic nature, with samples yielding up to 3.8 g/t Au, 384 g/t Ag, and 6.77% Cu. The company also holds the Bousquet project, which runs along the Cadillac-Larder Lake fault for 8 km.
Bullion Gold Resources Corp. (TSXV: BGD) has announced promising sampling results from its Bodo project, revealing significant gold, silver, and copper grades. The initial results from the Rivon Lake and Canico showings indicate strong polymetallic potential, with anomalous contents of Cu, Zn, Ni, Co, Au, and Ag in most areas visited. Highlights include:
- A sample from Rivon zone with 13.8 g/t Au, 291 g/t Ag, and 1.7% Cu
- A sample from Canico zone with 2.86 g/t Au and 616 g/t Ag
The company plans to conduct an airborne magnetic geophysical survey coupled with EM reading in the fall of 2024, followed by a drilling program in 2025 to test lateral and depth extensions of known zones.