Bullion Gold Corp. Completes the Acquisition of Turgeon Lake Property, Chicobi Group (Abitibi, Quebec) and Appoints New CFO - Seite 2

The Turgeon Lake property is prospective for volcanogenic massive sulphides deposits (VMS) being stratigraphically localized close to the geological formations of the former Normetal Mine and by the presence of volcanogenic sulphide mineralization on the property. The project is also favorable for orogenic gold occurrences related to longitudinal shear zones as evidenced by the presence of quartz-carbonate veins carrying anomalous gold.

Nomination of new CFO

The Company is pleased to announce the nomination of Mr Martin Nicoletti as Chief Financial Officer effective immediately. Mr. Nicoletti is a chartered professional accountant (CPA) with more than 32 years of experience. He holds a bachelor’s degree in business administration, accounting specialization. Mr. Nicoletti is also president of Corporation Financière SKTM Ltée and he acts as chief financial officer for several other public mining companies.

Grant of Stock Options

The Company also announces that incentive stock options have been granted to directors, officers, and consultants to purchase up to 1,000,000 common shares at a price of $0.17 per share for five years, pursuant to its Stock Option Plan. The Company currently has 32,260,000 shares issued and outstanding, along with 2,050,000 options (including the options described above) and 3,529,412 warrants outstanding.

The Company also announces the resignation of Mr. Jeff Sopatyk from its board of directors effective immediately. Mr. Sopatyk will continue to advise the Company as a consultant.

About Bullion Gold Resources Corp.

Bullion Gold is involved in the identification, exploration, and development of viable mineral properties in the Province Quebec and British Columbia. For more information on the Corporation, refer to Bullion Gold’s documents that are filed electronically from time to time on SEDAR (www.sedar.com).

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.

Mr. Gilles Laverdière, director and qualified person under NI 43-101 has read and approved this press release.                                              

Source :

Jonathan Hamel
President and CEO
[e-mail]
514-531-8129