| GOLD BULLION DISCOVERS NEW MINERALIZED HIGH-GRADE ZONE AT THE GRANADA GOLD DEPOSIT; MINI BULK SAMPLE AVERAGES 4.37 GRAMS PER TONNE GOLD | |
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GOLD BULLION DISCOVERS NEW MINERALIZED HIGH-GRADE ZONE AT THE GRANADA GOLD DEPOSIT; MINI BULK SAMPLE AVERAGES 4.37 GRAMS PER TONNE GOLD
09-28-2016
September 28, 2016 - Gold Bullion Development Corp. (TSX-V: GBB) (OTCPINK: GBBFF) (Frankfurt B6D) (the 'Company' or 'Gold Bullion') today announced that a new high-grade mineralized zone has been unexpectedly discovered at its Granada gold property. The new zone is expected to add to the area to be mined during the planned 'Rolling Start' initial phase of mining as outlined in the 2014 Prefeasibility Study (PFS) (see below for technical report information).
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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. |