Bullion Gold Intersects 22.2 g/t Gold and 24.5 g/t Silver in Channel R21 at Terragold
Bullion Gold Discoveries Corp. has reported final channel sampling results from its Terragold property in Quebec’s Abitibi Greenstone Belt, highlighted by an intercept of 2.80 grams per tonne gold and 3.65 grams per tonne silver over 9.6 metres in channel R21.
The sampling program comprised 22 completed channels across six outcrops at the flagship, 100%-owned project located south of Senneterre. Channel R21, positioned at the East outcrop, included a higher-grade internal interval yielding 3.21 g/t gold and 4.26 g/t silver over 8.0 metres, which contained a 1.0-metre sample grading 22.20 g/t gold and 24.50 g/t silver. Additional results included channel R15, which returned 2.60 g/t gold and 2.24 g/t silver over 1.7 metres. In total, 16 channels returned grades exceeding 0.30 g/t gold over 1 metre. True widths for the channel samples remain unknown at this stage.

Bullion secured 100% ownership of the Terragold asset through an acquisition agreement signed in November 2025, followed by an amended agreement in January 2026 that involved issuing 3.5 million common shares. In May 2026, the company completed a compilation of historical data and published a 3D Leapfrog geological model that interprets gold mineralization over a strike length of approximately 2.2 kilometres across the property.
“The high surface grades obtained at the East outcrop (channel R21) lend credibility to the numerous historical high-grade diamond drilling intersections. Stripped by the Explo-Logik team this past June, this outcrop is located 400 metres east of the historical 245 kg bulk sample grading 4.84 g/t Au - further tangible evidence of surface gold mineralization at Terragold. To date, the validation program continues to deliver the expected results. The first diamond drilling results are expected soon.” — Simon Britt, President and CEO
Over the coming weeks, Bullion will focus on receiving and interpreting incoming assay data. The company plans to integrate the new drilling information with historical records and the project’s 3D geological model to refine targets for subsequent phases of exploration.
Read the full announcement: Bullion Gold Returns 22.2 g/t Au + 24.5 g/t Ag over 1 metre in Channel R21 at Terragold