BULGOLD Commences Drilling on the Lutila Gold Project
BULGOLD Commences Drilling on the Lutila Gold Project
TORONTO, July 03, 2024 (GLOBE NEWSWIRE) -- BULGOLD Inc. (TSXV: ZLTO) (the "Company" or "BULGOLD") announces that it has commenced exploration diamond drilling on the Lutila Gold Project located in Central Slovakia. The Lutila exploration licence covers an area of 32.2km2 and is prospective for quartz-adularia, low-sulfidation epithermal gold mineralisation.
BULGOLD公司（TSXV:ZLTO）宣佈，其在位於斯洛伐克中部的Lutila黃金項目上已開始執行鑽探金剛石探礦工作。Lutila勘探許可證覆蓋了32.2平方公里的面積，具有石英-長石、低硫化蝕變型金礦化的潛力。
The Company plans to drill two diamond drill holes to test the potential for mineralised quartz-adularia veins deposited within an upflow zone at depth beneath the Čertov vrch target area (CVDD001) and the Rhyolite Ridge target area (RRDD001) 4.5km to the southwest. The targeted upflow zone is interpreted to be the southern, down-faulted extension of the 6km-long Kremnica low-sulfidation vein system, located immediately north of the project area. Both drill holes will be completed to a minimum 600m hole depth and results will be released on a completed hole basis following receipt of assay results, validation and incorporation into the Company's database.
公司計劃鑽探兩個鑽孔，以測試位於離CVDD001和位於西南4.5公里的Rhyolite Ridge目標區域下方的上升流區內礦化的石英-長石礦脈的潛力。目標上升流區被解釋爲是6公里長的Kremnica低硫化蝕變脈石系的南部下降延伸，位於項目區域的北面。兩個鑽孔將鑽至最小的600米深度，並根據完成的鑽孔基礎上的化驗結果、驗證和納入公司數據庫發佈結果。
Supporting maps can be found at the end of this press release:
支持性的地圖可以在本新聞發佈的末尾找到：
Figure 1. The Lutila Exploration Licence – Planned Drill Hole Collars & Arsenic (As) Soil Geochemistry
Figure 2. The Lutila Exploration Licence – Planned Drill Hole Collars, Topography, Tenure & Sinters
圖1. Lutila勘探許可證-計劃鑽孔鑽孔線標轉及砷（As）土壤地球化學
圖2. Lutila勘探許可證-計劃鑽孔鑽孔線標轉，地形，土地享有權和硫化物
Quote from the President & CEO, Mr. Sean Hasson:
公司總裁兼首席執行官肖恩·哈森先生的語錄：
"We have started drilling on the Čertov vrch target area where historic soil geochemistry has outlined a strong, broad and coincident arsenic and antimony anomaly. The minor historic, shallow exploration drilling and rock chip sampling that was completed in this area returned low to anomalous gold grades. The float rock surrounding the first drill pad exhibit chalcedonic quartz veins with banded and bladed textures within rhyolite volcanic rocks. We will be drilling to target gold mineralised quartz veins deposited within an upflow zone beneath the ridgeline, similar to those found 5km north at the historic Kremnica gold mine. We will be drilling what we believe to be the deepest hole ever designed within this target area."
“我們已經開始在Čertov Vrch目標區進行鑽探，歷史土壤地球化學調查顯示，該區域具有強烈的、廣泛的、與砷和銻一致的異常。在該區域完成的輕微的歷史淺層勘探和岩石碎片採樣顯示出低到異常的黃金品位。第一鑽探臺周圍的浮選礦石中含有流理石狀石英脈，具有帶狀和刀片質地，屬於流紋岩火山岩。我們將鑽探目標位於山脊下方的礦化石英-長石礦脈，這類礦脈類似於位於該目標區以北5公里的歷史Kremnica金礦。我們將鑽探一個我們認爲是該目標區最深的鑽孔。”
"Following the completion of CVDD001, we will move the drill rig 4.5km to the southwest to drill test the Rhyolite Ridge target area. We understand based on historic data that, to date, no exploration drilling for gold has been completed on this target area. We will once again target mineralised epithermal veins at depth beneath the ridgeline where we believe they may have been deposited within an upflow zone. Drill success on the Rhyolite Ridge target area would open up a potentially 5km-long target area, which is surrounded by sinters, for future gold exploration."
“在完成CVDD001後，我們將把鑽機移動到西南4.5公里的Rhyolite Ridge目標區進行鑽探測試。根據歷史數據，該目標區域迄今爲止尚未進行任何金礦勘探鑽探。我們將再次鑽探位於山脊下方的礦化蝕變脈石，這些礦脈有可能在上升流區內沉積。Rhyolite Ridge目標區的鑽井成果將爲周圍被硅化物所包圍的未來黃金勘探預留出一個潛在的5公里長目標區。”
The reader is encouraged to view the Company's earlier press releases "BULGOLD Inc - Acquires the Lutila Gold Project in Slovakia for 100 EUR" dated September 27, 2023 and "BULGOLD Inc. Highlights the Potential Scale Of The Lutila Gold Project Through A Review of Historic Exploration Data" dated May 1, 2024, for additional background on the Lutila Gold Project; available at .
鼓勵讀者查看公司早期的新聞發佈“BULGOLD Inc - Acquires the Lutila Gold Project in Slovakia for 100 EUR”（2023年9月27日）和“BULGOLD Inc. Highlights the Potential Scale Of The Lutila Gold Project Through A Review of Historic Exploration Data”（2024年5月1日），以了解更多關於Lutila黃金項目的背景；可在 。
About BULGOLD Inc.
關於BULGOLD Inc.
BULGOLD is a gold exploration company focused on the exploration and development of mineral exploration projects in Central and Eastern Europe. The Company controls 100% of three quality quartz-adularia epithermal gold projects located in the Bulgarian and Slovak portions of the Western Tethyan Belt: the Lutila Gold Project, the Kostilkovo Gold Project and the Kutel Gold Project. Management of the Company believes that its assets show potential for high-grade, good-metallurgy, low-sulfidation epithermal gold mineralisation.
BULGOLD是一家黃金勘探公司，專注於中歐和東歐礦產勘探項目的勘探和開發。該公司控制着位於西特提斯帶保加利亞和斯洛伐克地區的Lutila Gold Project、Kostilkovo Gold Project和Kutel Gold Project三個品質高的石英-華麗長石淺成低硫化物熱液型黃金項目。該公司管理層認爲，其資產具有高品位、良好冶金、低硫化物淺成低硫化物熱液型黃金礦化的潛力。
On December 31, 2023, BULGOLD's issued and outstanding shares were 27,597,928 of which approximately 39.54% were held by Founders, Directors and Management.
2023年12月31日，BULGOLD發行並流通的股票數量爲27,597,928股，其中約39.54%由創始人、董事和管理層持有。
Additional information about the Company is available on BULGOLD's website () and on SEDAR ().
關於公司的更多信息，請訪問BULGOLD網站（）以及SEDER網站（）。
Historic Sampling and Drilling Data and Information
歷史取樣和鑽井數據和信息
The historical sampling and drilling data and information disclosed in this press release is related to historical exploration results. The reader is cautioned that the historical sampling and drilling data and information are based on prior data and reports previously prepared by third parties without the involvement of the Company. Information has been sourced from the Slovak Geological Survey in reports 83971 (December 1997) and 92416 (February 2013). BULGOLD has not undertaken any independent investigation of the historical sampling and drilling data and information, nor has it independently analysed the results of the historical sampling and drilling exploration work in order to verify the results. The reader is cautioned not to treat them, or any part of them, as current due to the fact that a qualified person has not done sufficient work to verify the results and that they may not form a reliable guide to future results. No independent quality assurance/quality control protocols are known for these historic samples and drill holes and therefore the analytical results, data and information may be unreliable. BULGOLD considers the historical sample and drill data and information to be relevant as BULGOLD is using this data and information, in conjunction with the sampling conducted by BULGOLD, as a guide to plan its exploration program for the Lutila Gold Project. BULGOLD's current exploration work includes verification of the historical data and information through further exploration.
本新聞發佈披露的歷史取樣和鑽井數據和信息與歷史勘探結果有關。讀者應注意，歷史採樣和鑽探數據和信息基於以前的數據和報告，這些報告是第三方在未經公司參與的情況下編制的。信息來源於斯洛伐克地質調查局在83971（1997年12月）和92416（2013年2月）報告中的數據。BULGOLD公司沒有進行過任何獨立的歷史採樣和鑽探數據和信息調查，也沒有對歷史採樣和鑽探勘探結果進行獨立分析以驗證結果。讀者應該注意的是，由於未經合格的人員進行充分的工作來驗證結果，並且它們可能不會成爲可靠的指導未來結果的依據，因此請勿將它們或它們的任何部分視爲當前的結果。這些歷史樣品和鑽孔沒有獨立的質量保證/質量控制協議，因此分析結果、數據和信息可能是不可靠的。BULGOLD公司認爲這些歷史樣品和鑽孔數據和信息是相關的，因爲BULGOLD公司正在將這些數據和信息與BULGOLD公司開展的採樣結合使用，作爲計劃其Lutila黃金項目勘探計劃的指南。BULGOLD目前的勘探工作包括通過進一步的勘探驗證歷史數據和信息。
Qualified Person
合格人士
The scientific and technical information in this news release was reviewed and approved by Mr Sean Hasson, a Qualified Person as defined by National Instrument 43-101 and President and Chief Executive Officer to the Company.
本新聞稿中的科技信息已經由公司董事長兼首席執行官Sean Hasson先生審查和批准，他是符合43-101國家規定的合格人員。
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
TSX創業公司交易所及其監管服務提供方（該術語定義在TSX創業公司政策中）不對此發佈的充分性或準確性承擔任何責任。
Cautionary Statement Regarding Forward-Looking Information
關於前瞻性信息的警告聲明
This press release contains forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. These statements relate to future events or future performance and include statements regarding the exploration and drilling plans of the Company and the timing thereof; the nature and scope of the planned drill hole at Čertov vrch target area; the targeted upflow zone drilling at Rhyolite Ridge target area; and the potential drill success on the Rhyolite Ridge target area and the impact thereof on future exploration. All statements other than statements of historical fact may be forward‐looking statements or information. The forward‐looking statements and information are based on certain key expectations and assumptions made by management of the Company. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward‐looking statements and information since no assurance can be given that they will prove to be correct.
本新聞稿包含預測性聲明和預測性信息，適用於適用證券法律。這些聲明涉及未來事件或未來業績，幷包括有關公司的勘探和鑽井計劃及其時機；Čertov vrch目標區計劃鑽孔的性質和範圍；在Rhyolite Ridge目標區上升流區進行鑽探測試的潛力；以及在Rhyolite Ridge目標區鑽孔成功的潛在影響以及其對未來勘探的影響的聲明。除歷史事實陳述之外，所有聲明都可能是前瞻性聲明或信息。該前瞻性聲明和信息基於公司管理層所做的某些關鍵期望和假設。儘管公司管理層認爲該前瞻性聲明和信息所基於的期望和假設是合理的，但不應過度依賴前瞻性聲明和信息，因爲無法保證它們是正確的。
Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward‐looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks, including the inherent uncertainty of mineral exploration; risks related to title to mineral properties and changes in laws or regulations, including environmental laws and regulations; and credit, market, currency, operational, commodity, geopolitical, liquidity and funding risks generally, including changes in economic conditions, interest rates or tax rates and general market conditions. Accordingly, readers should not place undue reliance on the forward‐looking statements and information contained in this press release. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward‐looking statements and information contained in this press release are made as of the date hereof and no undertaking is given to update publicly or revise any forward‐looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements and information contained in this press release are expressly qualified by this cautionary statement.
爲了提供與當前管理層有關未來的期望和計劃的信息，提供前瞻性聲明和信息。讀者應注意，依賴這些聲明和信息可能不適當，例如作出投資決策。由於前瞻性聲明和信息涉及未來事件和條件，所以它們本質上涉及固有的風險和不確定性。由於許多因素和風險的存在，實際結果可能會與當前預期的結果有很大不同，包括但不限於：礦業勘探的固有不確定性；與礦物產權相關的風險和法律或法規的變化，包括環境法律和法規；以及信用、市場、貨幣、操作、大宗商品、地緣政治、流動性和資金風險，包括經濟條件的變化、利率或稅率和一般市場條件的變化。因此，讀者不應過度依賴本新聞稿中包含的前瞻性聲明和信息。讀者應對本新聞稿中包含的前瞻性聲明和信息保持謹慎態度。受適用證券法律規定的限制，公司不承擔更新或修訂任何前瞻性聲明或信息的義務，除非適用證券法律要求這樣做。本新聞稿中包含的前瞻性聲明和信息明確受到本警示聲明的限制。
For further information, please contact:
如需更多信息，請聯繫：
BULGOLD Inc.
Sean Hasson, President and Chief Executive Officer
Telephone: +359 2 989 2361
Email: information@BULGOLD.com
Website:
BULGOLD公司。
董事長兼首席執行官Sean Hasson
電話：+359 2 989 2361
電子郵件：information@BULGOLD.com
網站：
Figure 1. The Lutila Exploration Licence – Planned Drill Hole Collars & Arsenic (As) Soil Geochemistry.
圖1. Lutila勘探許可證-計劃鑽孔鑽孔線標轉及砷（As）土壤地球化學。
Figure 2. The Lutila Exploration Licence – Planned Drill Hole Collars, Topography, Tenure & Sinters.
圖2. Lutila勘探許可證-計劃鑽孔鑽孔線標轉，地形，土地享有權和硫化物電子版。
Maps accompanying this announcement are available at
本公告附帶的地圖可在末尾找到。
譯文內容由第三人軟體翻譯。