BULGOLD Inc. Samples 21.2g/t Gold At Surface And Expands Kopernica Footprint By 170% To 1,700 Metres By 800 Metres, Lutila Project

Original announcement by prospectors_exchange on

Company
BULGOLD Inc.
Ticker
ZLTO
Exchange
Unavailable
Region
Slovak Republic
Primary commodity
Gold
Secondary commodities
Silver, Arsenic, Antimony, Thallium, Mercury
Document categories
Drill results, Other
Extracted
2026-10-09 11:47:10 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

BULGOLD Inc. has reported high-grade surface sampling results at the Lutila Gold Project, including a 21.2 g/t Au hydrothermal breccia boulder. Mapping and prospecting have expanded the Kopernica Vein System footprint by 170% to 1,700m by 800m and identified a new mineralised target to the north.

Reasoning: The discovery of a 21.2 g/t Au surface sample and the 170% expansion of the Kopernica footprint are highly material exploration milestones for an early-stage project.

Positive factors

  • High-grade surface sample (21.2 g/t Au) validates geological model
  • Significant expansion of known structural footprint (170%)
  • Identification of new parallel vein structures
  • Discovery of new mineralised target to the north with pathfinder signatures

Negative factors

  • Surface samples are float/rock chips and do not confirm in-situ grade or width

Facts used in scoring: 6

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The Kopernica Vein System footprint was expanded by 170% to 1,700m by 800m.

Evidence · text

“expanded the known footprint of the Kopernica Vein System by 170% to 1,700m by 800m”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The project is positioned between the Kremnica and Banská Štiavnica epithermal vein fields.

Evidence · text

“sits squarely between Central Slovakia’s premier precious metal hubs: the Kremnica and Banská Štiavnica epithermal vein fields”

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Drill Results (6)

Fact 1Lutila Gold Project · goldGrade: 21.2Grade Unit: g/tView all details
Link to this fact

Identity

Project
Lutila Gold Project
Commodity
gold
Region
slovak republic
Reported Region
Slovak Republic
Ticker
ZLTO

Geometry

Grade
21.2
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Kopernica Vein System
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: 21.2 g/t Au is an exceptional grade for an epithermal system, though it is a surface float sample.

Positive factors

  • High-grade intercept (21.2 g/t Au)

Negative factors

  • Surface float sample only

Evidence · text

“surface float boulder sample graded 21.2g/t gold (Au)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 2Lutila Gold Project · silverGrade: 9.6Grade Unit: g/tView all details
Link to this fact

Identity

Project
Lutila Gold Project
Commodity
silver
Region
slovak republic
Reported Region
Slovak Republic
Ticker
ZLTO

Geometry

Grade
9.6
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Kopernica Vein System
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: Silver grade reported alongside high-grade gold in a surface sample.

Evidence · text

“21.2g/t Au, 9.6g/t Ag”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 3Lutila Gold Project · goldGrade: 17Grade Unit: g/tView all details
Link to this fact

Identity

Project
Lutila Gold Project
Commodity
gold
Region
slovak republic
Reported Region
Slovak Republic
Ticker
ZLTO

Geometry

Grade
17
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Central Vein Structure
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: High-grade average from a suite of seven rock chip samples.

Evidence · text

“averaging 17g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 4Lutila Gold Project · goldGrade: 28Grade Unit: g/tView all details
Link to this fact

Identity

Project
Lutila Gold Project
Commodity
gold
Region
slovak republic
Reported Region
Slovak Republic
Ticker
ZLTO

Geometry

Grade
28
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Northwest Vein Structure
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: High-grade average from discovery sampling at a stream outcrop.

Evidence · text

“averaging: 28g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 5Lutila Gold Project · goldGrade: 0.45Grade Unit: g/tView all details
Link to this fact

Identity

Project
Lutila Gold Project
Commodity
gold
Region
slovak republic
Reported Region
Slovak Republic
Ticker
ZLTO

Geometry

Grade
0.45
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
RCB rock (float)
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: Historical/average background grade for RCB rock samples.

Evidence · table

“0.45”

Context: RCB rock (float)

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 6Lutila Gold Project · silverGrade: 2.9Grade Unit: g/tView all details
Link to this fact

Identity

Project
Lutila Gold Project
Commodity
silver
Region
slovak republic
Reported Region
Slovak Republic
Ticker
ZLTO

Geometry

Grade
2.9
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
RCB rock (float)
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: Historical/average background grade for RCB rock samples.

Evidence · table

“2.9”

Context: RCB rock (float)

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.