Gold Bullion Development (OTC Other: GBBFF; TSX-V: GBB) has completed 24,000 metres of a planned 50,000 metre Phase 3 drill program at the Company’s Granada property in Quebec. The continually expanding mineralized area remains open in all directions and to depth. Highlights from the most recent assay results include the following,
- Hole GR-10-108 – 74.44 metres grading 1.06 grams per tonne, including 2.00 metres grading 16.75 grams per tonne;
- Hole GR-10-173 – 80.00 metres grading 1.36 grams per tonne, including 1.00 metre grading 89.83 grams per tonne; and
- Hole GR-11-200 – 106.00 metres grading 0.81 grams per tonne, including 1.50 metres grading 42.90 grams per tonne.
Mineralization of the above three holes is within 7 metres from surface vertical. Drilling at the Granada property continues with 2 drill rigs on 24 hours a day 7 days a week schedule. The present mineralized zone now covers an area of 1.2 kilometres along strike and is up to 0.5 kilometres wide.