GR-10-86, one of the southernmost holes drilled to date in the Eastern Extension (430m south of GR-10-55), has returned 84.6m grading 1.00 g/t Au within a total near-surface interval of 127.5m (4.5m to 132m) grading 0.76 g/t Au.
GENIVAR, Gold Bullion’s geological consultant, has reported mineralization in GR-10-86 is associated with feldspar porphyry and brecciated quartz veining.
Meanwhile, GR-10-108, collared 30m north of GR-10-55 and 150m northeast of the Preliminary Block Model, has intersected 62.4m grading 1.06 g/t Au within a wider interval of 279.6m grading 0.38 g/t Au.
Assays have yet to be received on 11 of 15 Phase 2 holes drilled in this area north, northeast and northwest of Phase 1 Discovery Hole GR-10-17 with current drilling focusing on expanding the continuity of the feldspar porphyry and quartz veining.
A total of 74 Phase 2 and Phase 3 holes have now been completed in the Eastern Extension with assays pending on 57 of these holes.
Gold Bullion has completed 4,500m of a planned 50,000m of Phase 3 drilling throughout the Eastern Extension and the Preliminary Block Model (currently, one Landdrill International rig is assigned to each area).
Gold Bullion is exploring the Granada Gold Property, located 5km south of Rouyn-Noranda in northwestern Quebec, as a potential open-pit deposit along the prolific Cadillac Trend.
