Bullion Gold Hires GoldSpot Discoveries to Work on the Bousquet Project in the Abitibi Greenstone Belt, Quebec
April 26 2022 - 7:00AM
Bullion Gold Resources Corp. (TSX-V: BGD)
(“
Bullion Gold” or the
“
Corporation”) announces that it has hired
GoldSpot Discoveries Corporation (
TSX-V :
SPOT (“
GoldSpot”), a leading technology
services company leveraging machine learning to transform the
mineral discovery process, to apply its proprietary machine
learning and geoscience expertise at the Bousquet Project in the
Abitibi Greenstone Belt, Quebec.
Bullion Gold holds 2,369 ha of prospective land,
approximately 40 km east of Rouyn-Noranda and 80 km west of
Val-d’Or. The 120 km separating Rouyn-Noranda from Val-d’Or is
scattered with producing and past-producing mining projects such as
Mouska, Doyon, Bousquet, LaRonde, and Lapa. The Bousquet Project is
located close to the prolific Cadillac break and is neighboured by
Agnico Eagle Mines Limited, Iamgold Corporation, and Hecla Mining
Corporation, all of which have operating mines in the area.
GoldSpot will be working closely with the
technical team at Bullion Gold to provide traditional target
generation, 3D modeling, prospectivity generation, and Smart
Targets for drilling. GoldSpot has shown expertise in the area,
highlighted by its success with the Monarch Mining Corporation and
Opawica Exploration Inc.
“GoldSpot was founded doing work in the Abitibi
Gold Belt, and we’re always excited when we get to continue our
work in the region,” Vincent Dubé-Bourgeois commented. “The
Bousquet Project has shown some initial and historical success, and
with our expertise in the area and using our proprietary software,
we will be able to provide Bullion Gold with ranked and prioritized
Smart Targets to move their project along in the most efficient way
possible. I’m excited to build on our previous success and unlock
the potential at the Bousquet Project.”
“We are happy to work with GoldSpot Discoveries,
a promising young Canadian company that brings an important
technological aspect to our industry. We believe they can help us
better conceptualize the potential of our flagship Bousquet
property.” concluded Jonathan Hamel, Bullion Gold President and
CEO.
Bousquet Project
The world-renowned Cadillac-Larder Lake fault is
one of the most prolific gold-bearing faults in Canada. More than
100M ounces of gold have been produced historically from the trend.
Gold deposits currently in production include Lapa, Canadian
Malartic, La Ronde, Goldex, Sigma, and Lamaque. Located 40 km east
of Rouyn-Noranda, the Bousquet project is composed of 71 claims
over an area of approximately 2,369 hectares. The property
overlies nearly 7 km of the Cadillac Fault. The property’s drill
tested gold showings trend along an east-northeast gold corridor
more than 3.5 km long, south of the fault.
About Bullion Gold Resources
Bullion Gold is involved in the identification, exploration, and
development of viable mineral properties in the province of Quebec.
For more information on the Corporation, visit
www.bulliongold.ca
For further information, please contact:
Jonathan HamelPresident and
CEOjhamel@bulliongold.ca514-317-7956
About GoldSpot Discoveries Corp.
GoldSpot Discoveries Corp. (TSXV: SPOT) (OTCQX: SPOFF) is a
technology company using artificial intelligence to revolutionize
the future of global mineral exploration with a full suite of data
and knowledge-driven SaaS tools and services. GoldSpot works with
industry leaders across all commodity and deposit types to identify
new exploration targets, develop cutting-edge technologies and to
strategically invest in mineral exploration companies. Our leading
team of expert scientists merge geoscience and data science to
deliver bespoke solutions that save time, reduce costs and produce
far more accurate results than ever before possible.
For further information please contact:
Vincent Dubé-Bourgeois CEO and Director GoldSpot Discoveries
Corp. 819-592-1195 investors@goldspot.ca
Other Information
The TSX Venture Exchange and its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts no responsibility for the veracity or
accuracy of its content.
Forward-Looking
Statements: This press release contains
forward-looking statements. Forward-looking statements are
frequently characterized by words such as "plan", "expect",
"project", "intend", "believe", “anticipate", "estimate", "may",
"will", "would", "potential", "proposed" and other similar words,
or statements that certain events or conditions "may" or "will"
occur. The forward-looking statements are based on certain key
expectations and assumptions made by the Corporation. Although
Bullion Gold believes that the expectations and assumptions on
which the forward-looking statements are based are reasonable,
undue reliance should not be placed on the forward-looking
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materially from those currently anticipated due to a number of
factors and risks. In addition to other risks that may affect the
forward-looking statements in this press release are those set out
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financial condition and results of operations for the year ended
December 31, 2019 and the third quarter ended September 30, 2020,
which are available on the Corporation’s profile
at www.sedar.com. The forward-looking statements contained in
this press release are made as of the date hereof and Warrior Gold
undertakes no obligation to update publicly or revise any
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