Bullion Gold Resources Corp. announces that the option agreement on the Bousquet property with Olympio Metals Limited has been accepted by the TSX Venture Exchange. Option Agreement Details To obtain up to an 80% interest in the Bousquet project, Olympio Metals will: Invest $2 million in exploration work. Pay a total of $1.25 million in cash and shares. Manage the exploration work. Ultimately, Bullion Gold will retain a [...]
Bullion Gold Resources Corp. announces the signing of an option agreement with Olympio Metals , allowing the latter to acquire up to 80% of the Bousquet gold project, located in Abitibi, Quebec. A strategic project in Abitibi The Bousquet gold project, wholly owned by Bullion Gold, comprises 71 mining cells covering 2,369 hectares. It hosts several gold showings along an east-west trending corridor of approximately 2.5 [...]
Bullion Gold Resources Corp. announces the signing of a letter of intent with Olympio Metals , allowing the latter to acquire up to 80% of the Bousquet gold project, located in Abitibi, Quebec. A strategic project in Abitibi The Bousquet gold project, wholly owned by Bullion Gold, comprises 71 mining cells covering 2,369 hectares. It hosts several gold showings along an east-west trending corridor of approximately 2.5 km [...]
Bullion Gold Resources Corp. announces the appointment of Mr. Guy Morissette as President and Chief Executive Officer, replacing Mr. Jonathan Hamel who will continue his involvement as a director and treasurer of the Company. "I am very pleased to partner with Bullion Gold and its Bodo SM project. This project reminds me a bit of the Nelligan project. When Vanstar acquired this project in 2010, there were very few known [...]
Bullion Gold Resources announces that it has closed a private placement, pursuant to which it has issued 4,910,000 units of common stock of the Company at a price of $0.05 per unit and 2,899,285 units of flow-through shares at a price of $0.07, for gross proceeds of $448,450. Each unit consists of one common share and one common share purchase warrant, each warrant entitling its holder to purchase one additional common [...]
Bullion Gold Resources Corp. 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. M. Gervais has 35 years of experience in engineering, construction and maintenance in the mining and metallurgy [...]
Bullion Gold Resources will undertake a non-brokered private placement for minimum aggregate gross proceeds of $1 million consisting of: $200,000 through the issuance of units of the Company at a price of five cents per unit; and $800,000 through the issuance of flow-through units of the Company at a price of seven cents per FT unit. Each unit will consist of one common share in the capital of the Company and one common [...]
Bullion Gold Resources announces new sampling results from its Bodo project. Despite the short work period completed in early summer on this project, the initial results from surface sampling offer a very interesting perspective on the polymetallic potential of this project. The Rivon Lake and Canico showings were the main zones visited during this period of approximately twelve days of work. Highlights: Significant [...]
Bullion Gold Resources announces that it has completed the first phase of its 2024 exploration program on the Bodo project and discovers a massive sulfide horizon south of the Canico showing. Consisting of 722 mining cells with an area of approximately 39,000 hectares, the Bodo project is located approximately 140 km north of Chibougamau, in James Bay, Quebec. The primary [...]
Bullion Gold Resources is pleased to announce that it has closed a private placement, pursuant to which it has issued 4,300,000 units of common stock of the Company at a price of $0.04 per unit and 300,000 units of common stock at a price of $0.05 per unit for aggregate gross proceeds of $187,000. Each unit consists of one common share and one common share purchase warrant, each warrant entitling its holder to purchase [...]
Bullion Gold Resources is pleased to announce that it has retained the services of Momentum PR. Momentum has a long history of representing several exploration companies through its extensive network and experience in the financial markets. The agreement with Momentum has a term of 6 months from the date of approval by the TSX Venture Exchange and may be terminated at any time without charge by either party upon 30 days [...]
Bullion Gold Resources will begin an initial exploration program starting June 2024 on its Bodo project which is located approximately 140 km north of the municipality of Chibougamau, in Jamésie. The Bodo project, composed of 722 mining claims with an area of 39,000 hectares , is made up of a geological environment favorable to the presence of base metals such as copper, zinc, nickel, cobalt and molybdenum as well as for [...]
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