Bullion River Gold Continues Its Exploration Program At The French Gulch Mine, With Visible Gold Intersected Across The Washington Vein.RENO, Nev. -- Bullion River Gold Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BLRV)(FRANKFURT:BVM BVM abbr. Blessed Virgin Mary ): Bullion River Gold Corp. has completed 18 underground drill holes in its resource-definition program at its French Gulch mine near Redding, California Redding (pop. 104,295) is the county seat of Shasta County, California, USA, located on the Sacramento River and on Interstate 5 south of Shasta Lake. It is the largest city north of Sacramento, as well as the northernmost designated metropolitan area and city with over 100,000 . The first 16 holes, targeting the Lucky-7 vein, were successful in extending high-grade gold mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. at least 200 feet below previously mined levels. Assays are pending for holes 6 through 18. Assays for the first 5 holes were previously reported and included 0.335 opt Au over 40.5 feet in hole 4 containing 7.7 feet grading 1.184 opt Au and 2.5 feet grading 0.984 opt Au. Holes 17 and 18 were the first holes that will similarly test the Washington vein, approximately 400 feet north of the Lucky-7 vein. The first two Washington holes intersected the vein as anticipated, with one hole containing obvious visible gold. Further, the holes have also crossed an additional undeveloped vein between the Washington and Lucky-7 veins. Bullion River Gold is currently scheduling a district-wide exploration effort to begin assessments beyond the Washington mine, the site of the resource-definition effort. This effort will consist of a rigorous district-scale geologic evaluation along with assessments of mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. areas. For example, the historic Niagara mine about 4000 feet west of the Washington developed a high-grade ore shoot for about 800 feet down-dip. This vein and vein trend have not yet been explored. One historic drift lying 550 feet below mined levels intersected multiple quartz veins with visible gold, but no mining was conducted. This drift will be mapped and sampled as the initial stage of the mine's evaluation. Similar to Washington, the veins at Niagara are hosted in a dike Dike, in Greek religion and mythology Dike: see Horae. dike, in technology dike, in technology: see levee. dike Bank, usually of earth, constructed to control or confine water. swarm. A surface core-drilling program is planned for the Niagara area as well as for step-outs along the Washington and Lucky-7 vein trends to the east. About Bullion River Gold Corp.: Bullion River Gold Corp. is an American based mineral exploration company focusing on regions containing gold-silver deposits predominantly located in the Southwest United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The company presently has a total of seven properties of which five are located in Nevada. Three of these properties are considered advanced projects and two are considered grassroots projects Grassroots Projects is a Dutch international charity organisation that helps the oppressed poor. Grassroots Projects started in July 2005 when several social globalists wanted an alternative to the current international charity work. . The two remaining properties are in California. Both of these properties are past producers. Approved by the Board of Directors: BULLION RIVER GOLD CORP. PETER M. KUHN, President For more information, contact Leann Pinguelo at (775) 324-4881 or at leann@bullionriver.com or visit the Company's website at www.bullionriver.com or the U.S. Securities & Exchange Commission's website at www.sec.gov/ to review Bullion River's latest filings. This release contains certain statements that are "forward-looking" statements (as the term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995). Any such forward-looking statements are inherently speculative and are based on currently available information, operating plans and projections about future expectations and trends. As such, they are subject to numerous risks and uncertainties, such as general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations, and other factors over which Bullion River Gold Corp. has little or no control. Actual results and performance may be significantly different from expectations or trends expressed or implied by such forward-looking statements. Bullion River Gold Corp. expressly disclaims any obligation to update the statements contained in this release. Bullion River Gold Corp. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :BLRV) (FRANKFURT:BVM) |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion