| | | Gold Bullion Development Corp. (TSX-V: GBB) is a Canadian based exploration, mining and processing company with a strategic focus on re-opening former producing precious metals properties and processing facilities near the borders of Northern Quebec and Ontario. GBB is currently exploring and mining several gold bearing veins at its Granada open-pit, gold mine in Rouyn-Noranda (Quebec), as well as milling and pouring gold with its onsite mill. GBB has also recently acquired a former prolific producer of silver-cobalt, the Castle Mine, in the Gowganda Cobalt Camp (Ontario). The management team of GBB is comprised of experienced professionals with metallurgical, technical, financial and project management expertise to oversee the integration of its exploration, mining and processing activities at the recently acquired precious metals properties and processing facilities. | | | |
| | | | | | | | | | | |  GBB Begins Milling from Granada's No. 2 Vein - January 8, 2007 GBB announces that it has begun milling of the open pit ore from the # 2 Vein system as of January 2, 2007. This is the initial phase of GBB's feasibility program for the evaluation of the historic (pre NI 43-101) proven and probable mineral reserve reported by A.C.A. Howe International Ltd in 1994. A.C.A Howe reported a total of 582,589 tons of 0.119 ounce per ton Au (528,665 tonnes at 4.08 g/t) of mineable ore that has yet to be mined. GBB is currently mining this ore to confirm grade and recovery. The Granada mill is operating at a daily average tonnage of 250 tonnes per day over a five-day work week. As open pit mining progresses and 20,000 tonnes of ore is stock piled, GBB will begin operating on a seven-day work week basis. for more information... Click here for more images | |
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Granada Mine - Open Pit Mining Operations
GBB announces that the mining of the open pit is at the first bench of three to be mined to evaluate the grade of the mill feed with depth of the open pit. A total of 400,000 tonnes will be mined of which 142,000 tonnes will be mill feed from the overall test pit. The month to date mill head grade to February 14, 2007 is 1.9 g/t gold.
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