| GOLD BULLION DEVELOPMENT GRANTED ENVIRONMENTAL CERTIFICATE OF AUTHORIZATION PERMIT FOR GOLD PRODUCTION AT GRANADA | |
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GOLD BULLION DEVELOPMENT GRANTED ENVIRONMENTAL CERTIFICATE OF AUTHORIZATION PERMIT FOR GOLD PRODUCTION AT GRANADA
05-26-2016
May 26, 2016 - Gold Bullion Development Corp. (TSX: V: GBB) (OTCPINK: GBBFF) (the 'Company' or 'Gold Bullion') is very pleased to report that the Certificate of Authorization, 'C of A' from the Quebec Government's Ministry of Environment or 'MDDELCC' has now been obtained for gold mining at Granada as set out in the Company's 2014 preliminary feasibility study (PFS) for 75,000 ounces of near surface high grade gold at a cash cost of US $797 per ounce. The details of the PFS can be found in the Company's news release and Technical Report, both dated June 19, 2014 available on SEDAR.
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Gold Bullion Development Corp.
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EXPLORATION STAGE |
CODE : GBB.V |
ISIN : CA3805391065 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Gold Bullion Dev. is a gold exploration company based in Canada. Gold Bullion Dev. holds various exploration projects in Canada. Its main exploration properties are CASTLE SILVER MINE and GRANADA in Canada. Gold Bullion Dev. is listed in Canada and in Germany. Its market capitalisation is CA$ 29.1 millions as of today (US$ 22.1 millions, € 20.8 millions). Its stock quote reached its highest recent level on December 24, 2010 at CA$ 0.93, and its lowest recent point on October 09, 2015 at CA$ 0.02. Gold Bullion Dev. has 387 890 016 shares outstanding. |