Mr. Guy Morissette reports

BONANZA GOLD INTERCEPT FROM PHASE 2 DRILLING AT BOUSQUET

First assay results from Bullion Gold Resources Corp.'s phase 2 drilling at the Paquin prospect have returned bonanza gold grades. Previously reported intervals of logged visible gold (see announcement dated Feb. 17, 2026) had been prioritized for analyses and returned a bonanza gold intercept of 7.5 metres at 41.81 grams per tonne gold from 182 m (BO-26-63). Assay results are still pending for the remainder of hole BO-26-63, along with those for the remaining six drill holes of the phase 2 drill program. Hole BO-26-63 was drilled at 3300 azimuth to test for high-grade gold lodes that potentially run parallel to the previous drill hole orientation of 2100. Veining in the gold-mineralized zones indicate a complex array of vein orientations. The mineralization is hosted on the margins and within fractures of sericite and chlorite altered dark quartz veining, within strongly deformed wacke sediments.

Highlights:

• First assays received for phase 2 drilling at Paquin result in bonanza gold intercept:
  • 7.5 m at 41.81 g/t Au from 182 m (BO-26-63);
• This result is the best gold drill intersection for the Bousquet project to date and adds confidence to the structurally controlled mineralization model at Paquin;
• Assays still pending for the remainder of BO-26-63 and an additional six holes;
• Drilling has now been completed at the Bousquet project with seven holes drilled for a total of 1,639 m;
• Bousquet gold project located on Cadillac break in Quebec, Canada, a regional structure associated with world-class gold mines (greater than 110 million ounces Au);
• Situated within 15 kilometres of multimillion-ounce working gold mines (Agnico Eagle's La Ronde -- 15.8 million ounces Au and Iamgold's Westwood -- 2.4 million ounces Au).

"We are excited to see this high-grade intercept at Paquin confirming the visual gold that was logged in the drill core. These first results from the second phase of drilling highlight the potential of the high-grade lodes and are the best drill results for the Bousquet project to date. We look forward to seeing the outstanding assays results for BO-26-63 and the other six holes of the program, due in the coming weeks," Commented Sean Delaney, managing director of Olympio Metals Ltd.

Olympio has the option to acquire an 80-per-cent interest in the Bousquet project in Quebec from Bullion Gold Resources for total payment of $1.25-million (cash and shares) and an exploration investment of $2-million. Olympio has made payments of $300,000 (cash and shares) to date and completed exploration spend of nearly $1-million. Bullion will retain a 20-per-cent undivided interest (net carried interest) in this project.

Competent person statement, sampling, drilling and analysis details

The information in this announcement that relates to exploration results is based on information compiled by Neal Leggo, a competent person who is a member of the Australian Institute of Geoscientists and a consultant to Olympio Metals. Mr. Leggo has sufficient experience which is relevant to the style of mineralization and type of deposit under consideration and to the activity which he is undertaking to qualify as a competent person as defined in the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Leggo consents to the inclusion in this announcement of the matters based on this information in the form and context in which it appears.

Diamond core samples (NQ) were collected in timber core trays, sequence checked, metre marked and oriented at the drill site. The drill core was logged at Explo-logik core shack in Val d'Or by Quebec qualified geologists. All drill core is NQ. All downhole surveying is done with an Omnix42 (every 30 m) and rig alignment is done with a TN14 Gyro (diamond core was not orientated for this program). Alternatively, a downhole televiewer survey will be conducted on all holes. Proportion of core recovered for each three-metre interval of core drilled is recorded in the drill database. All drill core was qualitatively logged by the Explo-logik staff geologist. Logging includes lithology, alteration, mineralization, veining and photography. The main rock types observed in the logging were greywacke, siltstone and conglomerate. Sample are sent to either Agat Laboratories in Thunder Bay or Laboratory Expert in Rouyn-Noranda. All samples from 2025 and 2026 drilling were analyzed at AGAT Laboratories; however, samples from BO-26-63 drill hole have been analyzed at Laboratoire Expert. Samples sent to Agat were analyzed for Au by 50-gram fire assay fusion (FA) with atomic absorption spectroscopy (AAS) finish (202-551) and also 34 elements by four-acid digest with ICP_OES finish (201-070). Samples with observed or suspected coarse gold as logged by the geologist were analyzed by screen fire assay (202-121). From the pulverized sample, a one-kilogram subsample was sieved to 106 micrometres. The plus-106-micrometre fraction was analyzed to extinction by FA/ICP(OES) and the minus-106-micrometre fraction by FA/ICP(OES).

Agat protocols are considered by the qualified person to be consistent, in general, with industry standards.

Samples sent to Laboratory Expert were analyzed for Au by 30-gram lead fire assay (FA) with atomic absorption spectroscopy (AAS) finish. Samples with values greater than 30 g/t or have logged visible gold are reassayed by fire assay with gravimetric finish.

About Bullion Gold Resources Corp.

Bullion Gold Resources is a junior exploration company active mainly in Quebec, particularly in the Abitibi and James Bay mining regions. The company holds a 100-per-cent interest in the Bousquet (Au), Cadillac-Extension (Langlade prospect -- volcanogenic massive sulphide) and Bodo (polymetallic) projects.

The Bousquet project is optioned to Australian company Olympio Metals, which may earn up to 80 per cent of the gold project in exchange for $1.25-million in cash and shares, plus $2-million in exploration expenditures. Bullion would then retain a 20-per-cent undivided (net carried) interest.

The Langlade project (72 claims -- 4,127 hectares) is a drill-ready VMS project under development.

The Bodo project (761 claims -- 410 square kilometres) is an early-stage exploration project with anomalous and indicative occurrences of critical and strategic minerals (gold, silver, copper, zinc, lithium, lead, cobalt and manganese). Its main prospects -- Rivon Lake, Canico, Lice, Tichegami and Didi -- offer polymetallic, VMS and IOCG (iron oxide copper-gold) potential.

We seek Safe Harbor.