Mr. Guy Morissette reports

BULLION GOLD CONFIRMS A PROMISING NEW POLYMETALLIC SHOWING AT BODO AND IDENTIFIES A POTENTIAL IOCG/SKARN-TYPE TARGET

Bullion Gold Resources Corp. has confirmed the polymetallic character of the Canico showing, located approximately 10 kilometres west of the Rivon showing. Various surface samples collected from rare outcrops in this area returned values of up to 2.16 grams per tonne gold, 16.60 g/t silver, 1.21 per cent copper, 1.03 per cent zinc and 0.4 per cent lead.

Highlights:

• Confirmation of the polymetallic potential of the Canico showing, with significant grades of gold, silver, copper, zinc and lead;
• Identification of a potential IOCG (iron oxide copper-gold) and/or polymetallic skarn-type target at the Lice showing;
• Discovery of a new silver-copper-zinc showing in the Tichegami Mountains area.

"Last year, samples collected from angular erratic blocks in the same area already demonstrated encouraging values, with grades reaching 2.86 g/t Au, 61 g/t Ag and 6.77 per cent Cu. The presence of mineralized angular erratic blocks, combined with positive results from the bedrock, confirms a promising geological setting for strategic minerals and precious metals," stated Guy Morissette, chief executive officer of Bullion Gold.

The Canico showing will be the subject of more detailed investigation during the next exploration campaign. The pronounced angularity of the mineralized erratic blocks observed at surface strongly suggests a proximal source, significantly increasing the potential for in situ mineralization discovery.

The compilation of 2025 sampling results highlights a broad and diversified mineralized environment across the Bodo project. Newly sampled sectors revealed anomalies in copper, gold, silver, zinc, phosphate and nickel, reinforcing the outlook for a large-scale polymetallic potential.

IOCG/skarn-type target -- Lice zone

The unique combination of geological and geochemical indicators in the Lice zone -- including a strong magnetic anomaly, regional faults, an ultramafic unit, an iron formation and a multielement geochemical signature (arsenic, phosphorus, copper, silver, cobalt, zinc, nickel and lithium) -- is characteristic of IOCG (iron oxide copper-gold) or contact polymetallic skarn systems.

The most recent results reveal remarkable concentrations of 2.12 per cent phosphorus (equivalent to 7.16 per cent phosphate) and 22 per cent arsenic, associated with copper, silver, nickel, lithium, zinc and manganese. These elements, combined with a favourable structural setting, position the Lice zone as a highly prospective target for copper, gold and critical mineral deposits.

"The presence of such high phosphorus and arsenic grades, combined with a well-defined magnetic anomaly, is a strong signal that we may be looking at a major mineralized system. Upcoming work will aim to confirm the dominant geological model and refine future drill targets," added Mr. Morissette.

Rivon Lake sector: a strategic mineralized corridor

Despite encouraging results from other areas, the company will prioritize its initial efforts at the Rivon Lake polymetallic showing, where historical short drill holes from the 1960s and recent 2024-2025 surface sampling identified high-grade copper, silver, zinc, gold and lead.

Bullion Gold believes it is in the presence of a pervasive mineralized corridor extending approximately one kilometre east-west and over three km north-south. A 2,000- to 3,000-metre drill program is planned to test the north-south mineralized structures and confirm the extent and continuity of mineralization. The cost of this program is estimated at approximately $1-million, and could begin, subject to logistical availability and the completion of required financing, as early as 2026. Management is currently evaluating several options to advance this program.

Qualified person

Gilles Laverdiere, registered geologist, director, qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this release.

About Bullion Gold Resources Corp.

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-per-cent-owned Langlade and Bodo SM projects.

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