Bullion Gold Resources Corp. announced the start of a second drilling program on its Bousquet project, located approximately 30 km east of the municipality of Rouyn-Noranda, in Abitibi-Témiscamingue. In continuity with a first program of 1,000 meters completed in early October, this new program of 3,000 meters provides for the implementation of fifteen holes in the eastern part of the Paquin showing to better define the potential resource.

The Paquin showing is recognized over a length of more than 1.2 kilometers by a vertical depth of more than 300 meters. The company is still awaiting assay results from the first fall drilling campaign completed in early October 2022. During this program, the drill holes had all intersected the gold mineralized zones sought, some of which contained visible gold.

Comprising 71 cells for an area of ??approximately 2,369 hectares, the Bousquet project straddles the Cadillac - Larder Lake (CLL) fault for nearly 10 kilometres. A mineralized and silicified gold corridor about 3 kilometers long and about a hundred meters wide located south of the CLL fault contains the Paquin (East and West), Decoeur, Joannès and CB1 gold showings. The Company's management believes it is possible to define a gold resource composed of several open pit and shallow zones along this corridor.

Other gold showings located in the western part of the property and north of the CLL fault are also known on this project. However, they have been the subject of very little work in recent decades. As for the northeast part of the property, it has never been explored.

However, several high intensity magnetic anomalies in contact with low intensity anomalies are in this area. If the 2023 exploration budget permits, the Company's management would like to test a few geophysical targets in this area over the coming year.