BULGOLD Inc.

BULGOLD Inc. is a Canada-based gold exploration company focused on the exploration and development of mineral exploration projects in southeastern Bulgaria. The Company controls 100% of two quartz-adularia epithermal gold projects located in the Bulgarian portion of the Western Tethyan Belt: the Kutel Gold Project and the Kostilkovo Gold Project. The Company also holds an option to acquire a 100% interest in the Lutila exploration license located in central Slovakia which is prospective for low-sulfidation epithermal gold mineralization. The Kutel Gold Project is located within the Tertiary age segment of the Western Tethyan magmatic belt and specifically within the Eastern Rhodope metallogenic province. The Kostilkovo Gold Project is located about 270 kilometers (km) to the southeast of Sofia, the capital of Bulgaria, within the Rhodope Mountains. The Lutila Gold Project is located about 140 km northeast of the capital city of the Slovak Republic, Bratislava.