Bullion River Gold Corp. Exploration Update.RENO, Nev. -- Bullion BULLION. In its usual acceptation, is uncoined gold or silver, in bars, plates, or other masses. 1 East, P. C. 188. 2. In the acts of Congress, the term is also applied to copper properly manufactured for the purpose of being coined into money. River Gold Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BLRV) (Frankfurt:BVM BVM abbr. Blessed Virgin Mary ) has completed two of the three planned drill holes at its Antone Canyon Project in south-central Nevada. Assays are pending for both holes. The program has the potential to significantly expand 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. intersected in previous programs, by over 200m along strike and 200m depth. After the completion of the third hole, drilling operations will commence at the Corcoran Canyon Project, where drilling will attempt to extend a potentially open-pittable silver-gold resource by 400m along strike and 200m down dip. Dr. Jacob Margolis, Bullion River's Vice President of Exploration reiterates that: "The identified resource at Corcoran is clearly part of a much larger volcanic-hosted silver-gold system, with mineralization and strong alteration identified over more than 3 miles of strike length. In addition to extending the resource, there's an intriguing covered target east of the range front along the trend, and we plan to test that environment as well. It's important to bear in mind that, although the Corcoran resource is silver-dominated (approx. 5 ounces per ton (opt) Ag), its 0.025 opt gold grade is higher than the life-of-mine average grade at the world-class Round Mountain gold deposit 14 miles to the west being mined by Barrick Gold Barrick Gold Corporation TSX: ABX NYSE: ABX is the largest pure gold mining company in the world, with its headquarters in Toronto, Ontario, Canada; and four regional business units (RBU's) located in Australia, Africa, North America and South America. and Kinross Gold Kinross Gold Corporation (TSX: K, NYSE: KGC) is a Canadian gold mining company. It is the seventh largest primary gold producer in the world.[1] See also
1. ^ Kinross Gold. . The two systems share important similarities. Also, given the increased price of silver, we are quite keen to continue with exploration at Corcoran." Details on both projects are available at the Company's website at www.bullionriver.com. About Bullion River Gold Corp. Bullion River Gold Corp. is a mineral exploration company focusing on regions containing gold-silver deposits. The company's primary focus is the Great Basin Great Basin, semiarid, N section of the Basin and Range province, the intermontane plateau region of W United States and N Mexico. Lying mostly in Nevada and extending into California, Oregon, Idaho, and Utah, it is bordered by the Sierra Nevada on the west, the in the Western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century and the Motherlode belt of California. Bullion River seeks projects that contain or have potential to contain high grades and large tonnage potential. Bullion River will also focus on projects that contain potential for mineralization concealed under post-mineral cover. Approved by the Board of Directors: BULLION RIVER GOLD CORP. Per: /s/ Peter M. Kuhn PETER M. KUHN President Also, feel free to visit 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. |
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