Bullion River Gold Corp. has Completed Geophysics at its Wenban Spring Property in Nevada and Will Accelerate its Drill Program.RENO, Nev. -- Bullion River Gold Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BLRV) (FRANKFURT:BVM BVM abbr. Blessed Virgin Mary ) is pleased with the results of its geophysical program on its 100%-owned Wenban Spring property, 6 miles southwest of the Cortez Hills gold deposit in central Nevada. The program consisted of over 7 line miles of controlled-source audio magnetotelluric (CSAMT CSAMT Controlled-Source Audio-Magnetotelluric Technique ) geophysics aimed at identifying buried faults and estimating the thickness of post-mineral alluvial cover across the 7.25 square-mile property. As a result of this program, Bullion River Gold has decided to accelerate its plans for drilling the property. An exploration notice for a drilling program will be submitted to the Bureau of Land Management as soon as possible, with approval expected by the end of January, 2005. The recently-discovered, world-class Cortez Hills deposit area, currently being explored by the Cortez Joint venture (Placer Dome Inc. 60%; NYSE NYSE See: New York Stock Exchange : PDG PDG Président Directeur Général (CEO) PDG Particle Data Group PDG Past District Governor PDG Parti Democratique Gabonais (Gabonese Democratic Party) PDG Product Development Group PDG Program Dependence Graph and Rio Tinto's; NYSE: RTP (1) (Rapid Transport Protocol) The protocol used in IBM's High Performance Routing (HPR) system. (2) (Realtime Transport Protocol) An IP protocol that supports real time transmission of voice and video. subsidiary Kennecott 40%), contains a preliminary reserve of 8.66 million ounces of gold in 85 million tons grading .102 opt Au (3.5 g/t) and is covered by post-mineral alluvium al·lu·vi·um n. pl. al·lu·vi·ums or al·lu·vi·a Sediment deposited by flowing water, as in a riverbed, flood plain, or delta. Also called alluvion. . The Wenban Spring project encompasses a range-front area coinciding with the intersection of north-northwest and easterly-trending fault zones, trends known to be important in localizing gold deposits in the Cortez region. Bullion River's President Peter M. Kuhn states: "We are very encouraged with the results of the geophysics and will accelerate our drilling program as early in 2005 as we can, instead of April/May 2005." 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. The company presently has a total of seven properties of which five are located in Nevada. Three of these properties are considered advance projects and two are considered grassroots projects. 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 NR # 04-30 For more information, contact Brad Long, Investor Relations Investor relations The process by which the corporation communicates with its investors. at Bullion River Gold Corp. at (800) 540-BLRV (2578) or at brad@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. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion