Bullion Gold Returns 22.2 g/t Au + 24.5 g/t Ag over 1 metre in Channel R21 at Terragold
High-grade channel results at Terragold, including 22.2 g/t Au over 1 m, will be combined with pending drill assays to plan follow-up work.
Rhea-AI Summary
Bullion Gold Discoveries (TTEXF) reported final results from 22 channel samples at its 100%-owned Terragold gold project in Quebec.
Best result from channel R21 at the East outcrop averaged 2.80 g/t Au and 3.65 g/t Ag over 9.6 m, including 3.21 g/t Au and 4.26 g/t Ag over 8.0 m and a high-grade interval of 22.20 g/t Au and 24.50 g/t Ag over 1.0 m. Channel R15 at the Terragold Showing returned 2.60 g/t Au and 2.24 g/t Ag over 1.7 m. In total, 16 channels graded more than 0.30 g/t Au over 1 m.
The East outcrop is about 400 m from a historical 245 kg bulk sample grading 4.84 g/t Au. Channel true widths are not yet known, and samples are selective. Assay results from recent diamond drilling are pending and will be integrated into a 3D model to guide further exploration.
Positive
- Channel R21 returns 22.20 g/t Au and 24.50 g/t Ag over 1.0 m
- R21 average of 2.80 g/t Au and 3.65 g/t Ag over 9.6 m, including 3.21 g/t Au over 8.0 m
- Channel R15 at Terragold Showing grades 2.60 g/t Au and 2.24 g/t Ag over 1.7 m
- 16 channels report more than 0.30 g/t Au over 1 m, indicating widespread surface mineralization
- Historical 245 kg bulk sample near East outcrop graded 4.84 g/t Au, supporting surface gold potential
Negative
- Channel true widths are unknown, limiting interpretation of actual thickness of mineralized zones
- Company states channel samples are selective and may not represent overall grade or width across Terragold
AI-generated analysis. How Rhea-AI works. Not financial advice.
Montreal, Quebec--(Newsfile Corp. - September 9, 2026) - Bullion Gold Discoveries Corp. (TSXV: BGD) ("Bullion" or the "Company") is pleased to announce the final results of its channel sampling program at its
Highlights include:
- 2.80 g/t Au + 3.65 g/t Ag over 9.6 metres in channel R21, including:
o 3.21 g/t Au + 4.26 g/t Ag over 8.0 metres
o 22.20 g/t Au + 24.50 g/t Ag over 1.0 metre - 2.60 g/t Au + 2.24 g/t Ag over 1.7 metres in channel R15
- 16 channels grading more than 0.30 g/t Au over 1 metre
Table 1: Channel Sample Results
| Channel | Outcrop | Channel length * (m) | Au (g/t) | Ag (g/t) |
| R1 | West | 0.6 | 0.99 | 2.00 |
| R2 | West | 1.0 | 0.61 | 0.50 |
| R4 | West | 1.0 | 0.62 | 1.00 |
| R5 | West | 1.0 | 0.43 | < 0.50 |
| R6 | West | 0.4 | 0.57 | 0.60 |
| R7 | West | 1.0 | 0.95 | 1.40 |
| R9 | West | 0.5 | 0.41 | 0.60 |
| R13 | Terragold Showing | 7.0 | 0.54 | < 0.50 |
| R14 | Terragold Showing | 0.8 | 1.79 | 1.60 |
| R15 | Terragold Showing | 1.7 | 2.60 | 2.24 |
| R17 | Terragold Showing | 1.1 | 1.22 | 0.60 |
| R20 | Terragold Showing | 1.0 | 1.56 | 1.90 |
| R21 | East | 9.6 | 2.80 | 3.65 |
| Including | 8.0 | 3.21 | 4.26 | |
| Including | 1.0 | 22.20 | 24.50 | |
| R22 | East | 0.9 | 0.69 | 1.20 |
* True widths are unknown at this time.
Simon Britt, president and CEO of Bullion, commented: "The high surface grades obtained at the East outcrop (channel R21) lend credibility to the numerous historical high-grade diamond drilling intersections. Stripped by the Explo-Logik team this past June, this outcrop is located 400 metres east of the historical 245 kg bulk sample grading 4.84 g/t Au - further tangible evidence of surface gold mineralization at Terragold. To date, the validation program continues to deliver the expected results. The first diamond drilling results are expected soon."
Figure 1: Location of Terragold DDH and Outcrops
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Next Steps
Over the coming weeks, Bullion will focus on receiving and interpreting assay results. The new drilling data will be integrated with the historical information and the Terragold 3D model to identify the areas with the strongest potential for the next phases of exploration.
About the Terragold Project
The Terragold project (38 claims - 2,058 ha) is located approximately 12 km south of the municipality of Senneterre in Abitibi (Québec, Canada) within the prolific Abitibi Greenstone Belt. The main gold showing, discovered in the early 1960s, has been intersected by drilling over a strike length exceeding 2 kilometres and to a depth of approximately 250 metres and has seen very limited exploration activity since 1984. The gold mineralized corridor, associated with a quartz-feldspar porphyry system, remains open in all directions. The potential of the system is supported by a historical 245 kg bulk sample grading 4.84 g/t Au, confirming the presence of gold mineralization at surface.
Technical Disclosure
All surface channel samples were prepared and analyzed by AGAT Laboratories in Val-d'Or, Québec, an independent commercial laboratory certified under ISO/IEC 17025 standards. Sample preparation includes crushing to
Qualified Person
The scientific and technical information disclosed in this news release has been reviewed and approved by Ms. Suzie Tremblay, a member in good standing of the Ordre des géologues du Québec (OGQ No. 10664), who is a "Qualified Person" within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects. All geoscientific activities related to the Terragold Project are carried out under the supervision of Ms. Suzie Tremblay, Vice-President of Explo-Logik.
About Bullion Gold Discoveries Corp.
Bullion Gold Discoveries Corp. (TSXV: BGD) is a Québec-focused mineral exploration company advancing a portfolio of gold and polymetallic projects located in some of the province's most prospective mining districts. The Company's strategy is centered on creating shareholder value through discovery success by applying modern geological interpretation, disciplined exploration practices and strategic partnerships.
The Company holds a
Additional information is available on the Company's website bulliongold.ca.
For further information, please contact:
Simon Britt
President and CEO
Bullion Gold Discoveries Corp.
info@bulliongold.ca
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain information and statements that may constitute "forward-looking information". Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "continues", "forecasts", "projects", "predicts", "intends", "anticipates", "aims", "targets" or "believes", or variations of, or the negatives of, such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will" be taken, occur or be achieved. Inherent in forward-looking statements are risks, uncertainties and other factors beyond the Company's ability to predict or control. All statements, other than statements of historical facts, included in this news release that address future events, developments or performance that Bullion expects to occur are forward-looking statements.
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.
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FAQ
What work was completed in the Terragold channel sampling program?
Bullion completed 22 channels across six outcrops on the Terragold property. The program generated a table of gold (Au) and silver (Ag) grades over measured channel lengths, including results from the West, Terragold Showing and East outcrops.
How will Bullion Gold use these channel results in the near term?
Over the coming weeks, the company will focus on receiving and interpreting assay results from recent diamond drilling. The new drilling data will be integrated with historical information and the existing Terragold 3D model to identify areas with the strongest potential for the next phases of exploration.
What is the scale and geological context of the Terragold project?
The Terragold project consists of 38 claims covering 2,058 ha2 km and to a depth of about 250 m, within a gold-mineralized corridor associated with a quartz-feldspar porphyry system that remains open in all directions.
How were the channel samples from Terragold prepared and analyzed?
All surface channel samples were prepared and analyzed by AGAT Laboratories in Val-d'Or, Quebec, certified under ISO/IEC 17025. Samples were crushed to 90% passing 2 mm and pulverized to 90% passing 75 μm. Gold was analyzed using a 50 g fire assay with AAS finish, with samples above 10 g/t Au re-analyzed by fire assay with gravimetric finish. Silver and other elements were analyzed by 4-acid digestion followed by ICP-OES.
What QA/QC procedures were applied to the Terragold sampling program?
Bullion Gold reports adherence to industry-standard QA/QC procedures. Certified reference materials, blank samples, and field or laboratory duplicates were systematically inserted into the sample sequence to monitor analytical precision and accuracy.
Who is the Qualified Person responsible for the technical information on Terragold?
The scientific and technical information has been reviewed and approved by Ms. Suzie Tremblay (OGQ No. 10664), a Qualified Person under National Instrument 43-101 and Vice-President of Explo-Logik, who supervises all geoscientific activities related to the Terragold project.