| GOLD BULLION INCREASES TOTAL OUNCES IN NEW GOLD RESOURCE ESTIMATE | |
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GOLD BULLION INCREASES TOTAL OUNCES IN NEW GOLD RESOURCE ESTIMATE
05-26-2015
Gold Bullion Development Corp. (TSX.V: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion") has received an updated Mineral Resource estimate on its Granada Gold Property located south of Rouyn-Noranda, Quebec. This update takes the 1 g/t range base case resource to 833,477 ounces gold in Measured category grading 0.90 g/t in 30.4 Million tonnes, 753,811 ounces gold in Indicated category grading 0.96 g/t in 26.5 million tonnes and 1.6 million ounces grading 0.99 g/t Au in 51.5 million tonnes in inferred resources using a cut-off grade of 0.30g/t. This is revised up from the previous estimate of 1.6 Million ounces in Measured and Indicated grading 1.05 g/t in 47.5 Million tonnes and 1.0 million ounces in inferred grading 1.07 g/t Au in 30.0 million using a cut-off grade of 0.40g/t released in the February 2013 PEA.
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Gold Resource Corporation
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PRODUCER |
CODE : GORO |
ISIN : US38068T1051 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Gold Resource Corp. is a gold exploration company based in United states of america. Gold Resource Corp. produces gold, silver in Mexico. Its main assets in production are EL AGUILA and ARISTA in Mexico and its main exploration properties are LAS MARGARITAS, EL REY, SOLAGA and ALTA GRACIA in Mexico. Gold Resource Corp. is listed in United States of America. Its market capitalisation is US$ 26.1 millions as of today (€ 24.5 millions). Its stock quote reached its highest recent level on June 11, 2010 at US$ 9.91, and its lowest recent point on September 15, 2023 at US$ 0.44. Gold Resource Corp. has 57 107 884 shares outstanding. |