# BULGOLD Samples 21.2g/t Gold at Surface and Expands Kopernica Footprint by 170% to 1,700 Metres by 800 Metres, Lutila Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/bulgold-samples-21-2g-t-gold-at-surface-and-expands-kopernica-footprint-by-170-t--958b8428-a7b4-4215-88c4-f182468982be

Original source: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3262-tsx-venture/zlto/212486-bulgold-samples-21-2g-t-gold-at-surface-and-expands-kopernica-footprint-by-170-to-1-700-metres-by-800-metres-lutila-project.html

Publisher: jmn

Original announcement: 2026-10-07T07:30:20.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-07T12:57:58.160Z

Atlas analysis updated: 2026-10-07T12:57:58.160Z

- Company: BULGOLD Inc.

- Ticker: ZLTO

- Exchange: TSXV

- Region: Slovak Republic

- Primary commodity: Gold

- Secondary commodities: Silver, Arsenic, Antimony, Thallium

- Document categories: Drill results, Other

- Extracted: 2026-10-07 12:57:58 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

BULGOLD has reported high-grade surface sampling results at the Kopernica Vein System, including a 21.2 g/t gold hydrothermal breccia boulder. The company also announced a 170% expansion of the known structural footprint to 1,700m by 800m and identified a new mineralised target to the north.

Reasoning: High-grade surface sampling and significant footprint expansion provide strong geological validation for the epithermal system, though lacks the certainty of drill-proven intercepts.

- Positive factor: High-grade surface sample \(21.2 g/t Au\) validates geological model

- Positive factor: Significant expansion of known structural footprint \(170%\)

- Positive factor: Identification of new parallel vein structures

- Positive factor: Discovery of new mineralised target to the north with pathfinder signatures

- Negative factor: Results are from surface sampling \(float/rock chip\) rather than drill intercepts

- Negative factor: Presence of pathfinder elements \(As, Sb, Hg\) indicates potential metallurgical complexity

Facts used in scoring: 4

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The company expanded the known footprint of the Kopernica Vein System 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

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release details specific QA/QC protocols including blanks, standards, and duplicates, and names SGS Burgas as the laboratory.

Evidence · text

> Quality control samples, comprising certified reference materials, blanks and field duplicates, are inserted into each batch

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: The release mentions elevated arsenic \(As\), antimony \(Sb\), and mercury \(Hg\) pathfinder signatures.

Evidence · text

> highly elevated arsenic \(As\) and antimony \(Sb\) pathfinder signatures

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Drill Results (4)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/bulgold-samples-21-2g-t-gold-at-surface-and-expands-kopernica-footprint-by-170-t--958b8428-a7b4-4215-88c4-f182468982be#fact-drill-facts-0)

Lutila Gold Project · gold

#### 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

#### QA/QC

- Laboratory: SGS Burgas
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### 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 surface sampling in an epithermal system.

- Positive factor: Bonanza-grade surface sample

- Negative factor: Surface sample only

Evidence · text

> a surface float boulder sample graded 21.2g/t gold \(Au\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "Tocvan Ventures Expands El Mezquite; Drilling Returns 106.8 m of 0.5 g/t Au Cupani Metals Drills 2.90 Meters of 1.71% Co"

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/bulgold-samples-21-2g-t-gold-at-surface-and-expands-kopernica-footprint-by-170-t--958b8428-a7b4-4215-88c4-f182468982be#fact-drill-facts-1)

Lutila Gold Project · silver

#### 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

#### QA/QC

- Laboratory: SGS Burgas
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: Silver byproduct grade reported alongside high-grade gold.

Evidence · text

> returned assays of 21.2g/t Au, 9.6g/t Ag, 294ppm As, 13ppm Sb and 0.42ppm Tl

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "Tocvan Ventures Expands El Mezquite; Drilling Returns 106.8 m of 0.5 g/t Au Cupani Metals Drills 2.90 Meters of 1.71% Co"

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/bulgold-samples-21-2g-t-gold-at-surface-and-expands-kopernica-footprint-by-170-t--958b8428-a7b4-4215-88c4-f182468982be#fact-drill-facts-2)

Lutila Gold Project · gold

#### Identity

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

#### Geometry

- Grade: 0.17
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Central Vein Structure
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Burgas
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: Low grade gold average for a subcropping boulder field.

Evidence · text

> averaging 0.17g/t Au, 1,045ppm As and 181ppm Sb

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "Tocvan Ventures Expands El Mezquite; Drilling Returns 106.8 m of 0.5 g/t Au Cupani Metals Drills 2.90 Meters of 1.71% Co"

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/bulgold-samples-21-2g-t-gold-at-surface-and-expands-kopernica-footprint-by-170-t--958b8428-a7b4-4215-88c4-f182468982be#fact-drill-facts-3)

Lutila Gold Project · gold

#### Identity

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

#### Geometry

- Grade: 0.28
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Northwest Vein Structure
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Burgas
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: Low grade gold average for discovery sampling.

Evidence · text

> returned two rock chip samples averaging: 0.28g/t Au, 35ppm As, 150ppm Sb

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "Tocvan Ventures Expands El Mezquite; Drilling Returns 106.8 m of 0.5 g/t Au Cupani Metals Drills 2.90 Meters of 1.71% Co"

## 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.
