Vancouver, November 16, 2020. The management of Bullion Gold Resources Corp. (“The Company” or “Bullion Gold”) announces the resignation of Mr. Chris Cooper as President and CEO, effective today. The Company announces the nomination of Mr Jonathan Hamel as President and CEO effective today and as Interim Chief Financial Officer following the resignation of Mr Randy Minhas on November 9th 2020. Mr Hamel will also join the Board of Directors. The Company also announces the nomination of Mr Gilles Laverdière, P. Geo, as Director.

A rising figure in the Canadian mining industry, Mr. Hamel has contributed to the rise of Vanstar Mining Resources (TSX.V: VSR) where he is serving as director since 2018 and as Interim President and CEO since last August. In addition to his 20 years of management experience that has taken him around the world, Mr. Hamel also acts as an Associate Researcher at the Montreal Economic Institute as well as Guest Lecturer at École des dirigeants – HEC Montréal. Mr Hamel is a member on the Financial Innovation Committee of L’Autorité des Marchés Financiers (Québec) since 2017. “I am excited to join Bullion Gold at this historic time for the gold exploration industry in Canada. There are many investment opportunities in the sector, and I intend, together with the Board of Directors, to build a portfolio of properties that will create value for the shareholders of the company.” Said Jonathan Hamel, President and CEO of Bullion Gold Resources Corp.

Gilles Laverdiere is a qualified person under NI 43-101 and consulting geologist to exploration mining companies since 2013. From 2011 to 2013, he was senior consulting geologist for Merrex Gold Inc. where he was in charge in developing a gold project in Mali within a joint venture with Iamgold Inc. From 2006 to 2010, he was a consulting geologist in charge of planning and supervising drilling projects in Northwestern Quebec and writing 43-101 geological reports. He as been a Director of Vanstar Mining Resources Inc (TSX-V : VSR) from 2014 to 2018 and is currently a Director of Fokus Mining Corp. (TSX-V : FKM). From 1998 to 2006, he was CEO of HMZ Metals Inc. where he acquired mining assets in China and listed the Company through an IPO on the TSX. From 1985 to 1997, he has been part of senior management and on the Board of many public mining companies where he evaluated mining prospects, negotiated and structured financing for various mining companies in Canada, the Philippines, Brazil, Nevada. From 1978 to 1984, he was a geologist with a focus on gold exploration in Northwestern Quebec.

The company wishes to thank Mr. Cooper for his contribution to the company and wishes him success in his future endeavors.

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.


-30-


Source :
Jonathan Hamel
President and CEO
info@bulliongold.ca
514-531-8129