on BULGOLD Inc. (CVE:ZLTO)
BULGOLD Strengthens Exploration in Slovakia with Two New Licences
BULGOLD Inc. announced the acquisition of two exploration licences, Chlmok and Sulina, granted by the Slovak Ministry of Environment. These new licences cover 106.9 km², complementing the company's 100%-owned Lutila Gold Project, thus expanding its exploration footprint in central Slovakia to 139.1 km².
The licences enhance BULGOLD's strategic positioning across the northern section of a significant structural corridor, ranging between historic gold districts. The Chlmok site offers an extension of the Lutila sinter field, while the Sulina license presents a predominantly andesite-hosted geological environment with the Prochot Intrusive Complex and a documented regional epithermal gold-silver occurrence.
These additions allow BULGOLD to further explore both rhyolite-hosted and andesite-hosted environments, potentially advancing their geological understanding and exploration capabilities in the region.
R. H.
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