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.

Bullion Gold Resources Corp. – Share Structure

Common shares issued & outstanding: 17,103,160

Stock Options: 1,643,333

Warrants: 2,679,698

Escrowed Security: 500,004

Total: 21,926,195

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.

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.

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

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

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

Cariboo Property – Regional Geology

Cariboo Property – Claims

Cariboo Property – Gold in Soil and MMI

Cariboo Property – Copper in Soil and MMI

Gold Creek Project – 2008/2011 DDH Results

Hole ID From (m) To (m) Length (m) Au (g/t)*

GC08-01GC11-13

10.3

88.0

96.0

89.085.71.0

0.552.14

GC08-02GC11-14

4.6

4.0

104.6

31.0100.027.0

0.310.36

GC08-03 2.7 67.7 65.0 0.27

GC08-04 7.0 81.7 74.7 0.41GC08-05 6.1 108.2 102.1 0.32

GC08-06GC11-15GC11-16

24.714.0

103.0

263.191.0

131.5

238.477.028.5

0.240.320.19

Gold Creek Project - 2010 Sonic Drill Highlights

Hole ID From (m) To (m) Length (m) Au (g/t)

GC10-02 3.9 6.2 2.30 0.96

20.12 102.4 82.29 0.54

incl. 20.12 36.76 16.64 0.93

incl. 68.88 70.38 1.50 1.02

incl. 78.03 83.37 5.34 1.45incl. 100.82 102.41 1.59 3.01

Diamond vs. Sonic Drill ResultsTwin hole GC10-02 returned ~50% higher Au assay

results versus the nearly identical interval in GC08-03.

Hole ID From (m) To (m) Length (m) Au (g/t)Diamond Drilling (2008)GC08-03 2.74 67.67 64.93 0.27Sonic Drilling (2010)GC010-02 3.9 67.36 63.46 0.40

Diamond & Reverse Circulation Drill Highlights

Gold Creek - Gold MMI Map Survey

Copper MMI Map Survey Silver MMI Map Survey

Gold Creek - Histograms

Gold Creek – Proposed Holes & Geology

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.

Viewland - Sample Location Map

Viewland – Resistivity Map

Viewland – CU in Soil, Mag, RC Collars & Geology

Viewland – CU in Soil, Chargeability, RC Collars & Geology

Other Projects

Mckay Gold MMI and conventional soil gold anomaly along strike with Eureka Resources Frasergoldsedimentary 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

Corey Project

Elbow Lake Project

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.

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.

Tak Project - Airborne #1

Tak Project - Airborne #2

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

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.

This concludes the slideshow portion

of today’s presentation.

Thank you.

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 drillingprogram. Four diamond drill holes successfully tested two previously drilled locations, achievedsignificantly increased core recovery and reached their planned depths. These drill holes intersectednumerous iron-carbonate altered and silicified fault zones, the largest of which occurred over 82 m in holeGC11-15. The highlights from these four holes including GC11-15 that was drilled -70 degrees to the southand averaged 0.316 g/t Au over 77.0 m and hole GC11-14 that was drilled -55 degrees northward andintersected 0.362 g/t Au over 27.0 m. Hole GC11-16 was a step out reconnaissance hole about 230 m northof holes GC11-14 and 15 and cut similar faults and gold mineralization with 0.191 g/t Au over 28.5 m, 0.626g/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 anomalieson 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 1.52m interval of 13.4 g/t Au. This hole was stopped due to excessive water in the hole, but it is in the samearea 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 ran263.07m at 0.240 g/t in the 2008 diamond drill program. Hole GC11-21 was collared 180 m northeast of holeGC11-27 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 adiamond drill.

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

Gold Creek Histogram – Line 99075 E

Gold Creek Histogram – Line 99100E

Gold Creek Histogram – Line 99200E

Gold Creek Histogram – Line 99300E

Viewland Project – MMI Soil Sampling #1

Viewland Project – MMI Soil Sampling #2

Gold Creek – Copper MMI Map Survey

Gold Creek – Silver MMI Map Survey