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The Canadian EurOmax Resources company has discovered new gold zones near the southwestern Bulgarian town of Trun during its drill program.
Results include 87 meters at 2.14 grams per tonne gold (285 feet at 0.063 oz per ton gold) in diamond drill hole MTC1174, the first hole to test the region's Ruy target, a 600 x 400 meter gold-in-soil anomaly.
"Initial results from our 2011 Drill Program at Trun are very encouraging," Dr. Quinton Hennigh, technical advisor to the company, has commented, according to a press release.
"We are drill testing six robust new gold targets this year and already seeing promising results, especially from the Ruy target. Drilling is still underway on additional targets, and we are very optimistic that we will continue to see more positive results from this very large gold project."
Gold mineralization at Trun is associated with large granite and syenite stocks that intrude a broad anticline of metamorphic rocks. According to EurOmax, the geologic setting and styles of mineralization display similarities to that of certain gold deposits in the Tintina Gold Belt of the Yukon and Alaska including the Ft. Knox gold deposit, Alaska and the Eagle gold deposit, Dublin Gulch, Yukon.
Customs officers at the “Kapitan Andreevo” checkpoint intercepted a truck carrying cocaine and gold bars valued at a combined total of 1,431,906.60 euros during a thorough inspection on February 22, 2026.
2025 marked a historic year for investment gold, both globally and in Bulgaria, with record prices and growing investor interest. Over the past 12 months, gold surged nearly 60% year-on-year, setting more than 50 new price peaks, confirming its position a
The Bulgarian National Bank (BNB) has purchased 66,000 troy ounces of gold, equivalent to 2,053.2 kilograms, in a move linked to Bulgaria’s upcoming adoption of the euro. According to the BNB’s official statement
In Bulgaria, the adoption of the euro will bring changes not only to cash circulation, prices, wages, and banking, but also to the management of the country’s “national treasure” - the foreign currency and gold reserves held by the Bulgarian National Bank
An armed robbery was reported in Sofia this morning, targeting a jewelry studio in the "Poduyane" district near the "Georgi Asparuhov" stadium
The price of a troy ounce of gold reached a historic high of $3,500.10 earlier today, briefly surpassing $3,467.87 at 10:30 a.m. Bulgarian time
Bulgaria has secured a six-month extension of the Lukoil waiver, following a decision by the US Treasury Department’s Office of Foreign Assets Control (OFAC)
The Bulgarian National Bank (BNB) has decided to increase the countercyclical capital buffer to 2.25%, in a move aimed at easing pressure on the rapidly growing housing credit market and strengthening the resilience of the banking system.
Energy expert Boyan Rashev has warned that Europe could be moving toward what he described as an “energy lockdown” scenario if fuel supply pressures continue to worsen
Fuel prices in Bulgaria have continued to edge upward, with diesel and gasoline both registering increases in the days following the Easter holiday
Bulgaria’s tourism sector has never been stronger and has been achieving steady growth for the past few years.
Industrial output in Bulgaria posted a modest monthly increase in February 2026, but continued to decline sharply on an annual basis, according to preliminary, seasonally adjusted data from the National Statistical Institute.
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