2. Forward Looking Statement
These remarks may contain forward-looking statements relating to the Company’s
operations or to its business environment. Such statements are based on the Company’s
operations, estimates, forecasts, and projections, but are not guarantees of future
performance and involve risks and uncertainties that are difficult to predict or control. A
number of factors could cause actual outcomes and results to differ materially from those
expressed. These factors include those set forth in the corporate filings.
Although any such forward-looking statements are based upon what management believes
to be reasonable assumptions, the Company cannot guarantee that actual results will be
consistent with these forward-looking statements. In addition, the Company disclaims any
intention or obligation to update or revise any forward-looking statements, for any reason.
The Company does not guarantee that it will continue reporting on items or issues that
arise.
Investors are cautioned that this presentation may contain information concerning mineral
properties in proximity or adjacent to the Company’s properties. Deposits, mineralization or
historical results on such nearby or adjacent properties is not necessarily indicative of
mineralization or similar grades on the Company’s properties.
This presentation may contain quoted historical exploration results. These are derived from
filed assessment reports and governmental databases. The Company has not independently
verified these results. Selected highlight results may not be indicative of average grades.
Stephen Wetherup, B.Sc., P.Geo., the qualified person as defined by National Instrument
(“NI”) 43-101, has reviewed and approved the technical information contained in this
Presentation.
4. Management & Board of Directors
Terry Severs, CEO, President & Director – Mr. Severs has a background in a broad base of industries which includes over 35 years ‘ experience in
corporate development, finance and investor relations. He played a key role in the successful marketing of Northern Dynasty Minerals Ltd. and Amarc
Resources Ltd. for the Hunter Dickinson group of Companies. Mr. Severs, through his private company Pacific Western Services Ltd., offered marketing
and investor services to a number of public companies involved in the junior resource sector.
Diana Mark, Chief Financial Officer & Corporate Secretary - Mrs. Mark has been involved in the mineral exploration industry for over 25 years. She is
currently corporate secretary for four junior exploration companies as well as Chief Financial Officer for Bullion. Her wholly owned company, Greystone
Corporate Services, Inc., provides corporate, accounting and regulatory services for these four companies. She is responsible for ensuring compliance
with statutory and regulatory requirements and plays a major role in corporate governance initiatives, regulatory compliance and private placement
facilitation.
Wade Black, M.B.A., Director - Mr. Black graduated cum laude with a bachelor's degree in philosophy and economics from Columbia University in 1999
and earned a master's degree in business administration from Columbia Business School in 2005. He is the president of Blackberry Fund Management
Inc. a New York-based venture capital and asset management company. He has more than 15 years of experience managing operations for broker-dealers
and investment advisory firms. In 2005 he and his partners founded Scarsdale Equities LLC, an investment bank and brokerage firm based in New York.
John Buckle, P. Geo., Director – With close to 40 years’ experience as a geoscientist ,John Buckle has played a key role in numerous high-profile
mineral discoveries in the Americas during his tenure as an exploration geologist and geophysicist for both major and junior mining companies. In recent
years his credits include serving as a past president of both the Canadian Exploration Geophysical Society and the Association of Professional
Geoscientists of Ontario. He is also the author or numerous well-publicized technical papers.
David Mark, P.Geo., Director – Mr. Mark graduated with his B.Sc. (Geophysics) in 1968 from the University of British Columbia and has been actively
involved as a geophysicist for the past 43 years. Since 1970 he has owned and managed Geotronics Consulting Inc., a company specializing in
geophysics for mineral exploration companies, as well as geotechnical and environmental geophysics. He has worked primarily in British Columbia and
Canada, but also in the western United States, Mexico, Latin America, Africa, and southeast Asia. Types of mineral deposits on these projects include
porphyry copper, epithermal, other vein types, and placer. The work has involved a wide variety of geophysics, geology, geochemistry and diamond drilling.
Geophysics has included induced polarization (IP), resistivity, seismic refraction, seismic reflection, gravity, self-potential, ground penetrating radar (GPR)
as well as ground and airborne magnetics, electromagnetics, and radiometrics. Over the years Mr. Mark has served as President and/or Director for
approximately 40 public mining companies. He is a member of the Association of Professional Engineers & Geoscientists of BC as a Professional
Geoscientist.
Kurt Hoffman, Director – Mr. Hoffman is a mining entrepreneur with over twenty years’ experience in a broad range of mining activities. He is a co-
founder and currently serves as President and CEO of Trident Exploration Inc. (U.S.) a private American exploration company. He played a key role in
High Plains Uranium which he co-founded in early 2004. After its inception the company acquired 22 uranium projects in Wyoming and Texas, raised $17
million for mine development and successfully listed on the Toronto Stock Exchange. High Plains’ market capitalization reached over $150 million before
being successfully merged with Energy Metals Corporation. EMC was eventually taken over by Uranium One. He is currently a Director of Silver Leaf
Exploration. Kurt Hoffman attended the College of Idaho and has served on the Board of Trustees for the College since 2007.
5. Bullion Gold Resources Corp. – Tenures & Properties
Bullion Gold Resources Corp. currently holds 71 tenures
grouped within the Cariboo Property located in Central
British Columbia, Canada.
The property is currently divided into 2 major projects:
Gold Creek and Viewland.
Other projects of interest include Bullion, Corey, Elbow,
Jack Gold, McKay Gold and Tak.
6. Cariboo Properties - Highlights
95,559 ha land package in prolific Quesnel Trough, BC
Drill program on two high impact targets;
. Gold Creek – 7,000m program planned. On strike to 2.2 million Oz Au
Measured and Indicated and 4.0 million Oz Au Inferred (Spanish
Mountain deposit) with comparable early phase drill results to date
. Viewland – 2,000m program planned. Porphyry target with 3.5 sq. km
Cu in soil and aeromagnetic anomaly
Multiple additional Cu-Au porphyry targets identified
Bullion target Joint-Venture with Newmont
New focused management, technical team and board of directors
Compelling valuation
7. Cariboo Property – Quesnel Trough
100% owned properties consisting of
95,559 Hectares (including the earn-
in option/joint venture agreement
with Newmont announced in the
company’s April 27, 2011 News
Release)
Located within the prolific Quesnel
Trough
Close to existing operating mines
A mining friendly jurisdiction with
infrastructure
Low elevation terrain, moderate
topography
Well maintained network of roads
throughout the Property
Favourable year-round climate
8. Gold Creek Project - Summary
Gold Creek Project
8 km along strike from Spanish Mountain
Gold’s reported gold deposit at a 0.20 g/t
gold cut-off:
• Measured and Indicated Resource of
138 MT at 0.49 g/t Au and 0.64 g/t Ag
(2.2 M ounces Au and 2.8 M ounces Ag)
• Inferred Resource of 340 MT of 0.37 g/t
Au and 0.65 g/t Ag (4.0 M ounces Au
and 7.1 M ounces Ag)
Gold in a sediment hosted deposit
Numerous conventional geochemical
and MMI (Mobile Metal Ion) gold
anomalies over a 12 km strike length
Drill results comparable to results
obtained in early stage exploration at
Spanish Mountain
19. Viewland Project – Total Mag with Cu in MMI and Soils
Primary copper exploration target
3.5 sq km aeromagnetic high
Coincident > 100ppm Cu in soil
anomaly
MMI confirmation of conventional
soil anomaly
Drilled target
The drilling showed the NE soil
anomaly is higher in paleo-elevation
and is a good porphyry target.
• The SW anomaly was drill tested with 7 holes and 1043 m.
• Drilling indicated that the south anomaly is deep in the porphyry system.
• Strata dips moderately NEward and the NE anomaly interpreted to be 1-2 km higher
in the system than the SW system.
23. Viewland – CU in Soil, Chargeability, RC Collars & Geology
24. Other Projects
Mckay Gold
MMI and conventional soil gold anomaly along strike with Eureka Resources Frasergold
sedimentary hosted gold deposit.
Jack Project
• 5 km long Cu in MMI anomaly
• Coincident aeromagnetic high
Corey Project
• Area of known gold/copper Alkalic porphyry showing 7 km long Cu in MMI anomaly
• Jamboree, Elbow Lake and Bosk Lake Projects
• Several copper MMI and conventional soil anomalies,
• Associated aeromagnetic anomalies
Bullion
• Gold/copper porphyry discoveries have attracted major mining companies
• Underlain by Takomkane Batholith and Nicola Group sedimentary rocks
• Property adjoins the Gold Fields Woodjam JV
27. 2011 Work Program
Resulting from:
Computation and geological modeling of historical and current soil samples.
Airborne DIGHEM frequency domain electromagnetic and magnetic surveys.
Induced polarization (“IP”) survey on Viewland and Elbow Lake.
Drill target selection for Gold Creek and Viewland projects.
Drill hole location of historical and current holes drilled.
28. Newmont Joint Venture
EXECUTIVE SUMMARY
Newmont Canada Corporation (“Newmont”) entered into an option to earn-in up to 51% of the Tak
property from Bullion Gold Corp. in April 2011 in order to conduct grassroots exploration on about
16,179 ha, distributed among 17 mineral tenures. The Tak property is located about 75 km east of
Williams Lake and 25 km southeast of Horsefly in central British Columbia. The property lies within the
Quesnel Trough, a late Triassic island arc that runs the length of British Columbia and is prospective for
alkalic Cu-Au porphyry deposits. In addition, the area hosts potential for Cu-Mo-(Au) porphyries that are
broadly associated with earliest Jurassic calc-alkaline plutons and batholiths. Operating mines in the
region include Mount Polley, Gibraltar, and Highland Valley, all of which are porphyry deposits that
produce Cu, Mo, and/or Au from open pit operations. Other significant deposits in the Williams Lake
region include Prosperity, a large undeveloped Cu-Au-Mo porphyry, Blackwater-Davidson, an epithermal
Au-Ag system, and Woodjam, a series of Cu-Au+/-Mo porphyry deposits located immediately to the
west of the Tak property.
This report covers the Year 1 exploration activities conducted on the Tak property. The bulk of
exploration conducted thus far is related to the acquisition and processing of airborne magnetics and
radiometrics data. The objective of the survey was to have a detailed airborne geophysical dataset to
aid geological mapping, structural interpretation, and mineral target identification. The data were
acquired using a combination of in-house software and commercially-available sensors. The survey
covered approximately 230 km2
. A total of 2,451 line-km of data including tie lines were acquired along
survey lines oriented east-west and spaced 100 meters apart. The airborne magnetics data delineate
three large areas of positive magnetic response for which Newmont expects to follow-up in 2013. These
areas include two to the south and southeast of the Rodeo claims in the eastern part of the Tak claim
block and one area nearest the Woodjam property in the extreme northwest corner of the property. The
follow-up will entail using a combination of geologic, geophysical, and geochemical methods to evaluate
the magnetic anomalies through cover.
31. Exploration Plan
Target Area 2013 Work Plan Comments
Gold Creek
Drilling (7,000m)
Completed 2,500 m of
drilling in 2011
Balance of drilling to
be completed in 2013
Other work (IP Survey,
Line-cutting, Prospecting)
Follow-up previous drilling and
test structural targets
Viewland
Planned Drilling (2,000m)
Completed 1,050 m of
drilling in 2011
Balance of drilling to
be completed in 2013
Other work (IP Survey,
Line-cutting, Prospecting)
Test geophysical and geochemical
targets, grid over geochemical
anomalies
Other Projects
IP Surveys, Line cutting,
Mapping, Prospecting,
Trenching, Soil geochemical
grid
Follow-up geo-chemical surveys,
Trench geochemical anomalies
32. Active Miners in the Quesnel Trough
Companies with measured and indicated numbers
Red Chris Gold 7.16 M oz Copper 5,140 M lbs
Kemess South + Underground Gold 5.6 M oz Copper 1,160 M lbs
Mt. Polley Gold 1.6 M oz Copper 1,171 M lbs
Afton-Ajax Gold 2.6 M oz Copper 2,895 M lbs
New Afton Gold 12.9 M oz Copper 3.5 M lbs Silver 8305 M oz
Spanish Mountain Gold 560,000 measured 2,620,000 indicated
Silver 630,000 measured 4,150,000 indicated
Woodjam Copper 1.06 Billion lbs inferred
Woodjam Gold fields has agreed to continue its earn-in, having spent $14 million
over 2.5 years . They have now earned a 51% interest and want an additional
19%. They have agreed to spend a further $12 million for the additional 19%.
Of note, Extrata, Freeport, Newmont, Goldfields and Happy Creek Minerals are
active in the immediate area.
33. This concludes the slideshow portion
of today’s presentation.
Thank you.
34. Gold Creek News Release January 23, 2012
January 23, 2012 – Kelowna, BC: Tiex Inc. (“Tiex” or the “Company”) (TSX-V: TIX) Further to its December
21, 2011 news release, Tiex is pleased to announce the results from its 2011 drill program on the bulk-
tonnage sedimentary hosted gold, Gold Creek Project in the Quesnel Terrane of central British Columbia.
The program consisted of 1037 m of diamond drilling and ~1464 m of reconnaissance reverse-
circulation (“RC”) drilling that tested geochemical soil anomalies and is about 36% of the total drilling
program. Four diamond drill holes successfully tested two previously drilled locations, achieved
significantly increased core recovery and reached their planned depths. These drill holes intersected
numerous iron-carbonate altered and silicified fault zones, the largest of which occurred over 82 m in hole
GC11-15. The highlights from these four holes including GC11-15 that was drilled -70 degrees to the south
and averaged 0.316 g/t Au over 77.0 m and hole GC11-14 that was drilled -55 degrees northward and
intersected 0.362 g/t Au over 27.0 m. Hole GC11-16 was a step out reconnaissance hole about 230 m north
of holes GC11-14 and 15 and cut similar faults and gold mineralization with 0.191 g/t Au over 28.5 m, 0.626
g/t Au over 6.0 m and another zone of 0.210 g/t Au over 11.5 m.
The RC drill holes are all reconnaissance holes to test a few of the numerous geochemical soil anomalies
on the Property and to attempt to define the limits of known gold mineralization. Hole GC11-27, collared
~110 m southeast of holes GC11-14, returned 0.893 g/t Au over its entire 42.3 m length and included a 1.52
m interval of 13.4 g/t Au. This hole was stopped due to excessive water in the hole, but it is in the same
area as GC08-04 that ran 74.68 m at 0.411 g/t, GC08-05 that ran 102.1 m at 0.324 g/t and GC08-06 that ran
263.07m at 0.240 g/t in the 2008 diamond drill program. Hole GC11-21 was collared 180 m northeast of hole
GC11-27 and returned 0.147 g/t Au over 77.7 m including 0.345 g/t Au over 12.2 m. Most RC holes in 2011
(12 of 15 holes) returned elevated gold assays (> 0.1 g/t Au) of which several require follow-up with a
diamond drill.
35. Slide Index
Bullion Gold Resources Corp.
Forward Looking Statement
Share Structure
Management & Board of Directors
Tenures & Properties
Cariboo Properties
Highlights
Quesnel Trough
Summary
Regional Geology
Claims
Gold in Soil & MMI
Copper in Soil & MMI
Gold Creek
2008/2011 DDH Results
2010 Sonic Drill Highlights
Diamond & Reverse Circulation Drill Highlights
Gold – MMI Map Survey
Gold Creek - Histograms
Gold Creek – Proposed Holes & Geology
Viewland
Total Mag with Cu in MMI and Soils
Sample Location Map
Resistivity Map
CU in Soil, Mag, RC Collars & Geology
CU in Soil, Chargeability, RC Collars & Geology
Other Projects
Corey Project
Elbow Lake Project
2012 Work Program
Newmont Joint Venture
Tak Property – Airborne #1
Tak Property – Airrborne #2
Exploration Plan
Active Miners in Quesnel Trough
Additional Slides
Jan 23, 2012 News Release
Gold Creek - Histogram - Line 99075E
Gold Creek - Histogram - Line 99100E
Gold Creek - Histogram - line 99200E
Gold Creek - Histogram - Line 99300E
Gold Creek - Copper – MMI Map Survey
Gold Creek - Silver – MMI Map Survey
Viewland - MMI Histogram #1
Viewland - MMI Histogram #2
