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Gold Bullion Developement Corporation

1. [verwijderd] 7 november 2012 19:02

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   Frank Basa, Gold Bullion’s CEO, is very encouraged by drill results that continue to demonstrate
   the presence of widespread, significant gold mineralization on the Granada property in support of
   a near-surface low-grade bulk mining scenario against a backdrop of rising precious metal prices
   and a long term gold bull.
   The Company remains committed to releasing an updated NI-43-101 prior to the end of Q4, 2012
   inclusive of these and additional drill results expected to become available in the interim.
   Claude Duplessis, Eng. is acting as the qualified person (QP) for Gold Bullion Development
   Corp. in compliance with National Instrument 43-101 and has reviewed the technical contents of
   this press release.
   About Gold Bullion Development Corp.
   Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company
   focusing on the exploration and development of its Granada Property near Rouyn-Noranda,
   Québec. Additional information on the company’s Granada gold property is available by visiting
   the website at www.GoldBullionDevelopmentCorp.com and on SEDAR.com.
   “Frank J. Basa”
   Frank J. Basa, P.Eng.
   President and Chief Executive Officer
   For further information contact:
   Frank J. Basa, P.Eng., President and CEO at 1-514-397-4000
   Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in
   the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
   this release. This news release may contain forward-looking statements including but not limited
   to comments regarding the timing and content of upcoming work programs, geological
   interpretations, receipt of property titles, potential mineral recovery processes, etc. Forwardlooking statements address future events and conditions and therefore, involve inherent risks and
   uncertainties. Actual results may differ materially from those currently anticipated in such
   statements.
2. [verwijderd] 7 november 2012 19:07

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   Suite 1005, 1155 Rene Levesque Street West
   Montreal, Quebec H3B 2J2
   Tel: 514-397-4000 / Fax: 514-397-4002
   GOLD BULLION ANNOUNCES ADDITIONAL DEEP HOLE DRILL RESULTS WITH
   HIGH GRADE GOLD (8.26 G/T AU OVER 1.50 METRES) AT DEPTH
   August 30, 2012 – Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the
   “Company” or “Gold Bullion”) is pleased to announce additional drill results as a follow up from
   the Preliminary Deep Hole Preliminary Results released on July 9
   th
   , 2012.
   The expanded LONG Bars zone deposit on the Granada Gold Property represents potentially one
   of the largest undeveloped gold deposits along the Cadillac trend in north-western Quebec,
   located 5 km south of the city of Rouyn-Noranda. The region is home to several significant
   producing gold mines and world-class multi-million ounce deposits.
   The jurisdiction has a long history and is renowned for its culture of mining, numerous economic
   gold deposits and extensive infrastructure, all of which is evidenced by Quebec consistently
   ranking in the top five best places to mine globally.
   The recent deep drill program to the north and shallow drill program to the west was intended to
   enlarge the mineralization envelope of the expanded LONG Bars zone. To date, two deep holes
   and four wedges have been completed with assays. The drill program, which commenced in the
   spring of 2012, was designed to step out from the known LONG Bars zone resource to the north
   at depth and near surface to the west. Deep drilling has expanded the mineralization by 650
   metres to the north and an additional 600 metres in depth where the mineralization envelope
   remains wide open for expansion. Results from drilling to the west are still pending.
   Highlights from the northern deep drilling including the wedges in deep holes DUP-12-02 and
   DUP-12-03:
   - 8.18 grams per tonne gold across 1.5 metres from 1218.0 to 1219.5 meters down
   hole including 4.11 grams per tonne across 3.0 metres from 1218.0 to 1221.0 in
   hole Dup-12-03W2 -- a wedge hole drilled to provide a full cut of the
   mineralization envelope at depth
   - 8.26 grams per tonne gold across 1.5 metres from 784.5 to 787.0 metres down
   hole including 4.19 grams per tonne gold across 3.0 metres from 784.5 to 787.5
   metres in hole Dup-12-02W1 -- a wedge hole drilled to provide a full cut of the
   mineralization envelope at depth
   Down hole core length is close to true thickness and uncut.
   These drill results continue to confirm specific high-grade zones at depth with thickness and
   grade suitable for underground mining.Additional drill results from the backlog of drilling done in 2011 and the recent shallow drilling
   to the west will be released shortly. These results will further expand the LONG Bars zone on
   strike with the full implications thereof, in terms of the expansion of the gold resource, to be
   released in an updated NI-43-101 expected by year-end 2012. There is a vast amount of ground
   yet to be systematically explored to expand the LONG Bars zone, leaving considerable upside in
   light of the drilling results that continue to return measurable gold mineralization in over 90% of
   the drill holes.
   Claude Duplessis, Eng. is acting as the qualified person (QP) for Gold Bullion Development
   Corp. in compliance with National Instrument 43-101 and has reviewed the technical contents of
   this press release. Accurassay Laboratory conducted the 50-gram fire assay results at their facility
   in Ontario. Blanks and standards were inserted into the sequence in addition to Laboratory
   QA/QC.
   About Gold Bullion Development Corp.
   Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company
   focusing on the exploration and development of its Granada Property near Rouyn-Noranda,
   Québec. Additional information on the company’s Granada gold property is available by visiting
   their website at www.GoldBullionDevelopmentCorp.com and on www.sedar.com
   “Frank J. Basa”
   Frank J. Basa, P.Eng.
   President and Chief Executive Officer
   For further information contact:
   Frank J. Basa, P.Eng., President and CEO, at 1-514-397-4000
3. [verwijderd] 7 november 2012 19:09

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   Suite 1005, 1155 Rene Levesque Street West
   Montreal, Quebec H3B 2J2
   Tel: 514-397-4000 / Fax: 514-397-4002
   PRELIMINARY RESULTS FROM THE DEEP HOLE PROGRAM CONFIRMS
   EXTENSION OF GOLD MINERALIZATION 800 METRES DOWN PLUNGE AND 900
   METRES VERTICAL DEPTH
   July 9, 2012 – Gold Bullion Development Corp. (TSX-V: GBB) (OTCPINK: GBBFF) (the
   “Company” or “Gold Bullion”) is pleased to announce preliminary drill results from holes and
   wedge holes located to the north of the existing mineralized area of the Granada Gold Property.
   The subject property is located along the prolific Cadillac trend in North-western Quebec, 5 km
   south of the city of Rouyn-Noranda.
   Frank Basa, Gold Bullion’s CEO, is very encouraged by results that consistently demonstrate the
   presence of widespread significant gold on the Granada property. Hole DUP-12-02 intercepted
   4.15 grams Au per tonne over a 3 metre core length at 615 metres and 4.58 grams per tonne Au
   over 3 metres at 995 metres depth.
   The drill plan initially called for three deep holes with one wedge in each hole and commenced
   with hole DUP-12-03. Due to excessive deviation, this hole was subsequently abandoned at the
   400-metre level. Hole DUP-12-03A, located 400 metres NNE (12 degrees North) of hole GR-11-
   390 was drilled just 25 metres to the west of DUP-12-03 and down to a depth of 1,323 metres.
   Three wedge holes W1, W2 and W3 were put into DUP-12-03A.
   Hole DUP-12-02, located 830 metres NNE (24 degrees North) of hole GR-11-390, was drilled
   down to 1,593 metres with one wedge hole added, W1.
   Due to the success of DUP-12-03A, DUP-12-02 and the associated wedges, (observation of
   visible gold and typical alteration zones) and in conjunction with the observation of visible gold
   in the western extension holes GR-11-375 and GR-11-363 in the backlog program, the drill was
   reassigned to the western extension to further evaluate near surface mineralization and hole DUP-
   12-01 drilling was temporarily put on hold.
   The following table contains the highlights of the preliminary results. These additional gold fire
   assay results continue to demonstrate low grade, high tonnage, near surface intersections while
   also confirming specific high-grade zones at depth with thickness and grade suitable for
   underground mining.
   Gold Bullion Granada
   Highlight of partial results
   Hole From (m) To (m) Length(m) Au g/t
   DUP-12-02 607.50 610.50 3.00 4.15
   including 607.50 609.00 1.50 8.23Gold Bullion Granada
   Highlight of partial results
   DUP-12-02 992.50 995.50 3.00 4.58
   including 992.50 994.00 1.50 9.13
   DUP-12-03A 660.00 662.50 2.50 1.38
   including 661.00 662.50 1.50 3.21
   DUP-12-03A 906.00 909.00 3.00 2.07
   including 906.00 907.50 1.50 3.58
   DUP-12-03AW1 904.50 907.50 3.00 0.82
   including 904.50 906.00 1.50 1.21
   DUP-12-03AW2 660.00 663.00 3.00 4.12
   including 661.50 663.00 1.50 8.12
   DUP-12-03AW2 786.00 789.00 3.00 2.34
   including 787.50 789.00 1.50 4.44
   DUP-12-03AW2 814.50 817.50 3.00 2.04
   including 816.00 817.50 1.50 3.13
   DUP-12-03AW2 906.00 909.00 3.00 1.40
   including 907.50 909.00 1.50 2.50
   GR-11-358 4.50 15.00 10.50 0.53
   GR-11-358 149.00 339.65 190.65 0.39
   including 149.00 170.00 21.00 1.19
   including 149.00 150.50 1.50 6.38
   including 165.50 167.00 1.50 3.86
   including 237.00 246.00 9.00 0.86
   including 271.50 279.00 7.50 2.61
   including 328.00 339.65 11.65 0.80
   Core length close to true thickness
   Blanks and standards were inserted into the sequence at the QA/QC Laboratory while the 50-
   gram fire assay results were provided by Accurassay Laboratory prepared in Rouyn. Fire assays
   were conducted at their facility in Ontario.
   Frank Basa, Gold Bullion’s CEO, is pleased as results continue to demonstrate the presence of
   widespread significant gold on the Granada property in support of the hypothesis encompassing
   both a low grade near surface mine and a higher grade underground mine.
   Claude Duplessis, Eng. is acting as the qualified person (QP) for Gold Bullion Development
   Corp. in compliance with National Instrument 43-101 and has reviewed the technical contents of
   this press release. About Gold Bullion Development Corp.
   Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company
   focusing on the exploration and development of its Granada Property near Rouyn-Noranda,
   Québec. Additional information on the company’s Granada gold property is available by visiting
   their website at www.GoldBullionDevelopmentCorp.com and on SEDAR.com.
   “Frank J. Basa”
   Frank J. Basa, P.Eng.
   President and Chief Executive Officer
   For further information contact:
   Frank J. Basa, P.Eng., President and CEO at 1-514-397-4000
   Progressive Investor Relations (Canada) at (604) 689-2881 or via email: info@progressive-ir.com
4. [verwijderd] 8 november 2012 20:25

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   -1-
   
   Gold Bullion releases results from 54 backlogged Granada drill holes with hole GR-11-310 returning 15.61 g/t Au over 29.23 metres including 443.78 g/t Au over 1.0 metre near surface
   VANCOUVER, Nov. 8, 2012 /CNW/ - Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion") is pleased to announce the last set of results from the backlogged drill data at Gold Bullion's Granada Gold Property. All the backlogged holes have now been logged and sampled.
   The inclusion of this drill data can only increase the quality of the resource classification and corresponding resource estimate size. This is the sixth press release announcing significant additional drill results since the first NI-43-101 was published last spring. The Company is confident that the ongoing release of significant drill results is a strong indication of an ever-increasing potential for a mineable resource.
   Results from the backlogged core continue to show intersections with grades indicating a low-grade, high-tonnage, open pit operation with the potential also for a high-grade underground mining scenario.
   The flagship Granada property is located on the prolific Cadillac trend in northwestern Quebec, just 5 km south of the city of Rouyn-Noranda with Osisko-controlled property bordering one side. With Quebec consistently ranking in the top five best places to mine globally, the jurisdiction is widely acknowledged as world class with a rich history of mining, featuring numerous economic gold deposits and operating gold mines. The advanced infrastructure around the Granada gold property will be utilized and is an advantage for the Company as plans unfold for mine development and gold production.
   The in situ measured resource is 97,700 ounces (3.02 million tonnes grading 1.01 g/t), indicated resource is 543,400 ounces (17.04 million tonnes grading 0.99 g/t), inferred resource is 846,600 ounces gold (23.93 million tonnes grading 1.10 g/t Au) using a cut-off grade of 0.40g/t. The Company also plans continued systematic drilling of the Granada gold deposit with some 80% of the property yet to be explored.
   The entire table of results is included and follows these highlights:
   Hole GR-11-310: 15.61 g/t Au over 29.23 metres from 15.0 metres to 44.23 metres including 88.97 g/t Au over 5.0 metres from 21.0 metres to 26.0 metres and including 443.78 g/t Au over 1.0 metre from 22.0 metres to 23.0 metres
   
   Hole GR-11-311: 2.49 g/t Au over 32.0 metres from 54.5metres to 86.5 metres including 9.44 g/t Au over 7.5 metres from 65.5 metres to 73.0 metres and including 0.74 g/t Au over 23.5 metres from 157.0 metres to 180.5 metres
   
   Hole GR-11-377: 0.62 g/t Au over 88.5 metres from 261.0 metres to 349.5 metres including 4 distinct intervals: 1.79 g/t Au over 6.0 metres from 261.0 metres to 267.0 metres and 3.56 g/t Au over 6.5 metres from 325.0 metres to 331.5 metres and 1.05 g/t Au over 4.5 metres from 345.0 metres to 349.5 metres and 3.72 g/t Au over 3.5 metres from 427.5 metres to 431.0 metres.
   
   Hole GR-11-384: 0.44 g/t Au over 42.0 metres from 309.0 metres to 351.0 metres and a deep interval of 18.25 g/t Au over 6.0 metres from 422.5 metres to 428.5 metres
5. [verwijderd] 8 november 2012 20:25

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   Hole From (m) To (m) Length(m) Au g/t
   GR-11-241 283.00 289.00 6.00 2.25
   GR-11-242 93.50 207.20 113.70 0.50
   including 100.50 109.00 8.50 2.21
   including 176.90 181.00 4.10 4.04
   GR-11-246 243.00 283.50 40.50 0.47
   GR-11-251 NSI
   GR-11-253 127.50 139.50 12.00 1.60
   GR-11-254 NSI
   GR-11-257 165.50 211.50 46.00 2.25
   including 189.50 211.50 22.00 4.42
   including 312.00 323.50 11.50 0.41
   GR-11-261 23.50 31.75 8.25 0.52
   GR-11-261 223.50 258.00 34.50 0.31
   GR-11-262 NSI
   GR-11-263 NSI
   GR-11-264 347.00 353.00 6.00 3.31
   GR-11-270 NSI
   GR-11-285 13.25 30.70 17.45 0.88
   GR-11-288 NSI
   GR-11-299 18.50 97.00 78.50 0.54
   including 25.00 35.00 10.00 1.34
   including 80.00 97.00 17.00 1.14
   including 89.00 97.00 8.00 1.95
   GR-11-300 16.50 84.50 68.00 0.70
   including 16.50 28.50 12.00 0.89
   including 68.50 84.50 16.00 1.98
   GR-11-301 51.00 55.50 4.50 1.18
   GR-11-302 16.00 126.50 110.50 0.48
   including 16.00 83.50 67.50 0.68
   including 30.00 53.50 23.50 1.11
   including 46.00 53.50 7.50 2.47
   including 75.50 83.50 8.00 1.26
   GR-11-303 9.50 137.00 127.50 0.66
   including 9.50 43.00 33.50 1.77
   including 68.50 98.00 29.50 0.57
   including 87.00 98.00 11.00 0.83
   GR-11-304A 229.50 345.00 115.50 0.34
   including 229.50 240.00 10.50 0.60
   including 290.00 300.00 10.00 1.30
   including 316.50 326.00 9.50 0.64
   GR-11-305 11.00 20.00 9.00 0.52
   including 10.00 13.00 3.00 1.18
   GR-11-305 70.50 82.00 11.50 0.58
   GR-11-306 11.00 20.00 9.00 0.52
   GR-11-306 70.50 82.00 11.50 0.58
   including 76.50 82.00 5.50 0.60
   GR-11-307 61.00 79.50 18.50 0.36
   including 62.00 67.00 5.00 1.01
   GR-11-308 29.00 90.00 61.00 0.34
   including 29.00 33.50 4.50 3.11
   GR-11-309 12.50 91.50 79.00 0.89
   including 55.00 91.50 36.50 1.71
   including 60.50 85.00 24.50 2.26
   including 60.50 71.50 11.00 3.87
   including 77.00 85.00 8.00 1.54
   GR-11-309 154.50 165.00 10.50 0.82
   GR-11-310 15.00 44.23 29.23 15.61
   including 21.00 26.00 5.00 88.97
   including 22.00 23.00 1.00 443.78
   GR-11-311 54.50 86.50 32.00 2.49
   including 65.50 73.00 7.50 9.44
   GR-11-311 157.00 180.50 23.50 0.74
   including 157.00 169.00 12.00 1.17
   GR-11-312 27.58 38.50 10.92 0.70
   Including 27.58 30.50 2.92 1.65
   GR-11-312 84.00 87.00 3.00 1.50
   GR-11-313 3.30 51.95 48.65 0.37
   including 3.30 10.00 6.70 1.80
   GR-11-313 106.00 117.50 11.50 0.45
   GR-11-313 117.50 132.50 15.00 0.48
   GR-11-314 3.30 78.00 74.70 0.41
   including 61.00 78.00 17.00 1.10
   including 61.00 65.50 4.50 2.12
   and 25.50 29.50 4.00 0.74
   GR-11-315 66.50 109.50 43.00 0.32
   including 76.00 109.50 33.50 0.36
   including 76.00 89.00 13.00 0.55
   and 102.00 109.50 7.50 0.52
   GR-11-316 105.50 150.00 44.50 0.37
   including 105.50 122.00 16.50 0.68
   including 113.00 122.00 9.00 1.01
   GR-11-317 NSI
   GR-11-318 NSI
   GR-11-319 76.00 79.00 3.00 0.48
   GR-11-320 12.00 84.00 72.00 0.46
   including 32.00 44.50 12.50 1.84
   GR-11-321 94.50 101.00 6.50 0.97
   including 94.50 97.50 3.00 1.63
   GR-11-322 24.50 33.00 8.50 0.46
   GR-11-322 79.50 85.50 6.00 0.67
   GR-11-323 NSI
   GR-11-324 25.00 40.00 15.00 0.66
   including 34.50 39.00 4.50 1.74
   GR-11-325 NSI
   GR-11-326 4.50 93.50 89.00 0.65
   including 4.50 22.00 17.50 2.78
   including 11.40 15.50 4.10 11.16
   GR-11-324 95.85 99.00 3.15 0.70
   GR-11-328 12.50 47.00 34.50 0.78
   including 31.50 47.00 15.50 1.59
   GR-11-328 71.50 118.5 47.00 0.44
   including 114.50 118.5 4.00 3.20
   GR-11-329 16.50 19.50 3.00 1.21
   GR-11-329 45.90 48.00 2.10 1.08
   GR-11-334 75.50 80.50 5.00 0.88
   GR-11-334 105.50 121.50 16.00 0.50
   GR-11-341 205.50 235.50 30.00 0.44
   including 205.50 211.50 6.00 1.21
   including 205.50 216.00 10.50 1.01
   GR-11-345 91.50 140.00 48.50 0.50
   including 91.50 96.00 4.50 2.77
   GR-11-345 227.50 243.00 15.50 0.45
   GR-11-345 333.50 336.50 3.00 4.45
   GR-11-368 184.00 205.15 21.15 1.72
   including 201.00 205.15 4.15 7.89
   GR-11-369 156.00 211.00 55.00 0.41
   including 156.00 179.00 23.00 0.72
   including 157.00 167.00 10.00 1.19
   GR-11-377 261.00 349.50 88.50 0.62
   including 261.00 267.00 6.00 1.79
   including 325.00 331.50 6.50 3.56
   including 345.00 349.50 4.50 1.05
   GR-11-377 427.50 431.00 3.50 3.72
   GR-11-379 10.50 15.85 5.35 0.90
   GR-11-384 422.50 428.50 6.00 18.25
   GR-11-384 309.00 351.00 42.00 0.44
   GR-11-385 64.50 73.50 9.00 0.81
   GR-11-394 302.50 319.50 17.00 1.23
   including 302.50 307.00 4.50 3.28
   GR-11-394 516.00 519.00 3.00 2.58
   
   Core lengths are close to true thickness and uncut. Gold Bullion samples and assays all drill holes in their entirety due to the nature of the mineralization and to ensure even the lower grade mineralization is evaluated. In defining grade intervals, in some cases we have included up to 25 metre intervals of internal waste which are determined using the original assay data and the weighted grade cutoff of 0.25 g/t to 0.35 g/t depending on depth of intersection.
   Of the 54 holes reported here, 81.5% contained measurable gold with just 10 reporting back non-significant values.
   Accurassay Laboratory conducted the 50-gram fire assay testing at their facility in Ontario with blanks and standards inserted into the sequence in addition to Laboratory QA/QC.
   Frank Basa, Gold Bullion's CEO, is very pleased about these infill drill results that concurrently increase the quality of the resource classification while supporting the exceptional potential of the property. The Company looks forward to releasing the updated NI-43-101 prior to year-end, 2012.
   Claude Duplessis, Eng. is acting as the qualified person (QP) for Gold Bullion Development Corp. in compliance with National Instrument 43-101 and has reviewed the technical contents of this press release.
   About Gold Bullion Development Corp.
   Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Québec. Additional information on the company's Granada gold property is available by visiting the website at www.GoldBullionDevelopmentCorp.com and on SEDAR.com.
   "Frank J. Basa"
   Frank J. Basa, P.Eng.
   President and Chief Executive Officer
   
   Read more at www.stockhouse.com/bullboards/message...
6. [verwijderd] 15 november 2012 20:21

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   Gold Bullion Provides Mineral Resource Estimate Update For Granada
   VANCOUVER, Nov. 15, 2012 /PRNewswire/ - Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion") is pleased to provide an updated independent NI 43-101 compliant gold mineral resource estimate on its Granada Gold Property, located along the prolific Cadillac trend in North-western Quebec, 5 km south of the city of Rouyn-Noranda. The total gold resource at Granada now stands at 2,638,000 gold ounces using a cut-off grade of 0.40 g/t with 1,605,000 ounces in the Measured and Indicated categories.
   Highlights include the following:
   The in situ measured resource is 946,000 ounces (28.735 million tonnes grading 1.02 g/t), indicated resource is 659,000 ounces (18.740 million tonnes grading 1.09 g/t), inferred resource is 1,033,000 ounces gold (29.975 million tonnes grading 1.07 g/t Au) using a cut-off grade of 0.40 g/t.
   The selected base case in-pit measured resource is 811,300 ounces (24.992 million tonnes grading 1.01 g/t), indicated resource is 354,600 ounces (9.336 million tonnes grading 1.18 g/t), inferred resource is 11,100 ounces gold (0.449 million tonnes grading 0.77 g/t Au) using an effective cut-off grade of 0.36 g/t based on a Whittle-optimized pit shell simulation using estimated operating costs, a 3 year trailing average gold price of CAN$1450 per ounce and a corresponding lower cut-off grade of 0.36 grams per tonne gold.
   Previous small open pits have been taken into account and are starting surfaces of optimization while the historical production of 51,476 ounces (181,744 sT @ 0.28 oz/sT) from 1930 to 1935 are included in the resource statement. (cannot physically remove from measured, indicated or inferred).
   The mineralized system is still open at depth and laterally.
   SGS Canada Inc, (SGS Geostat office of Blainville, Québec, "SGS") are the independent resource estimate consultants for the Granada project. SGS has authorized the release of the following estimates included in the table below that summarize their block model estimates using variable cut-off grades:
   
   Granada gold deposit In Situ Resource Estimates
   Cut-off 0.4 g/t Tonnage Au g/t Au Oz
   Measured 28,735,000 1.02 946,000
   Indicated 18,740,000 1.09 659,000
   Total M+I 47,475,000 1.05 1,605,000
   Inferred 29,975,000 1.07 1,033,000
   
   Cut-off 1.0 g/t Tonnage Au g/t Au Oz
   Measured 7,810,000 2.14 536,000
   Indicated 5,347,000 2.32 398,000
   Total M+I 13,157,000 2.21 934,000
   Inferred 8,600,000 2.23 617,000
   
   Cut-off 2.0 g/t Tonnage Au g/t Au Oz
   Measured 2,533,000 3.76 306,000
   Indicated 1,869,000 4.07 245,000
   Total M+I 4,402,000 3.89 551,000
   Inferred 3,030,000 3.89 379,000
   Note: rounded numbers, base case cut-off >0.4 g/t in bold.
   SGS also estimated an in-pit resource within a Whittle-optimized pit shell using a base case gold price of CAN$1450 per ounce. The table below summarizes the in-pit resources with the selected base case in Whittle optimizations:
   In-pit Estimates* CoG
   g/t Ore
   M tonnes Grade
   g/t Au
   oz
   Nov 2012
   (within
   claims &
   Au = 1450
   $/oz) Measured
   
   Indicated
   
   Inferred 0.36
   
   0.36
   
   0.36 24,992,000
   
   9,336,000
   
   449,800 1.01
   
   1.18
   
   0.77 811,300
   
   354,600
   
   11,100
   Mea+Ind
   0.36
   34,328,900
   1.06
   1,166,000
   *Rounded numbers
   The in-pit estimate is based on a mining cost of CAN$2.00 per tonne and a processing cost of CAN$16.00 per tonne (including G&A), assuming gravity cyanidation treatment of the mineralized material.
   Other assumptions include 94.1% recovery of gold in and pit wall slope angle of 45 degrees in the south footwall and 50 degrees in the north hanging wall.
   Details on the parameters of the resource estimates are as follows:
   The database used for Granada includes drilling obtained from the 2009-2010-2011 and 2012 from Gold Bullion drill programs.
   Most NQ assays reported by Gold Bullion were obtained by standard 50 g fire assaying-AA finish or gravimetric finish and another fraction by screen metallics at various laboratories, ALS Chemex laboratories in Val d'Or, Quebec, Accurassay, Lab Expert and Swastika.
   The estimates were done using Inverse Distance Square (ID2) as the interpolation method based on 1.5 metre analytical composites.
   Composites calculations are based on original samples value and were afterward capped at 30 g/t.
   All estimates are based on a Parent Cell dimension of 10 metres E, 5 metres N and 5 metres height with search ellipsoid and estimation parameters determined for the mineralized zone geometry.
   Geological interpretation for the deposit identified one main structurally-controlled mineralized domain including higher grades within the envelope hosted by conglomerates of the Timiskaming group. The estimation of the mineralized domain was done in 3 runs where the first required a minimum of 4 holes using a maximum of 3 composite per hole within a search ellipsoid of 50m by 50m by 5m dipping 47 degrees north, while the second run used a minimum of 3 holes within a search ellipsoid of 100m by 100m by 10m dipping 47 degrees north, and the last run one hole within the domain minimum 3 composites in a 200m by 200m by 15m dipping 47 degrees north.
   For the classification 4 holes with 3 composites within a 40m by 40m by 5m ellipsoid for measured, 3 holes with 3 composites within a 80m by 80m by 10m ellipsoid for indicated, the rest being inferred.
   Underground voids (shaft & drifts) were modeled from historical mine plans and adjusted according to positions of drill intersections in stopes and drifts. The stopes could not be placed in space with accuracy. Historical production from underground needs to be subtracted from the resource estimate.
   Tonnage estimates are based on rock densities of 2.70 tonnes/cubic metre.
   The global resource estimates using the lower cut-off of 0.4 g/t Au is emphasized for reporting purposes as this is close to the in-pit cut-off estimated for the CAN$1450 Whittle shell, which represents the reasonable potential of economic extraction in SGS QP's opinion.
   Additional details will be provided in the technical report to be issued within the next 45 days.
   Mr. Claude Duplessis, Ing. of SGS is the Qualified Person who has reviewed this news release and is responsible for the technical information reported herein, including verification of the data disclosed.
   About Gold Bullion Development Corp.
   Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Québec. Additional information on the company's Granada gold property is available by visiting the website at www.GoldBullionDevelopmentCorp.com and on SEDAR.com.
   "Frank J. Basa"
   Frank J. Basa, P.Eng.
   President and Chief Executive Officer
   
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7. [verwijderd] 26 november 2012 17:19

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   Gold Bullion Provides Mineral Potential at Depth for Granada
   VANCOUVER, Nov. 26, 2012 /CNW/ - Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion") is pleased to announce the potential quantity and grade ranges for the underground extensions at its Granada gold property, located on the prolific Cadillac trend in northwestern Quebec, 5 km south of the city of Rouyn-Noranda.
   Based on the resource estimate information and the deep hole program interpretation, SGS Canada Inc. has provided the following potential quantity and grade ranges:
   
   POTENTIAL QUANTITY AND GRADE RANGES (1)
   
   
   Zone Metric Tonnes (Million) Gold grade (g/t)
   UG extension West 7.4 to 11.1 3.40 to 4.70
   UG extension East 2.2 to 3.3 3.20 to 4.30
   Total 9.6 to 14.4 3.35 to 4.61
   
   (1) The potential quantity and grade is conceptual in nature as there has
   been insufficient exploration to define a mineral resource and it is
   uncertain if further exploration will result in the target being delineated
   as a mineral resource.
   
   The potential stated above is based on projections within the mineralized plan of two and three mineralized zones of 3 meters true width on the west and east side of the deep hole program under highly drilled surface mineralization.
   As disclosed in Gold Bullion's press release of November 15, 2012:
   The total gold resource at Granada now stands at 1,605,000 gold ounces in the Measured and Indicated categories with 1,033,000 gold ounces in the Inferred category using a cut-off grade of 0.40 g/t. The in situ measured resource is 946,000 ounces (28.735 million tonnes grading 1.02 g/t), indicated resource is 659,000 ounces (18.740 million tonnes grading 1.09 g/t), and inferred resource is 1,033,000 ounces (29.975 million tonnes grading 1.07 g/t Au), using a cut-off grade of 0.40 g/t. Additional information can be found in the Company's press release of November 15, 2012.
   On April 22, 2010 the Company set a target of 2.4 to 2.6 million ounces of gold as per the original preliminary block model estimate. That target has been hit as evidenced by the press release dated November 15, 2012. Based on this additional data from SGS, Frank J. Basa, Gold Bullion's CEO, is very pleased to state "The Company is now targeting 3.6 to 4.6 million ounces of gold from the next phase of the continued exploration program at Granada with some 80% of the extended Long Bars zone remaining to be explored."
   Claude Duplessis, Eng. is acting as the qualified person (QP) for Gold Bullion Development Corp. in compliance with National Instrument 43-101 and has reviewed the technical contents of this press release.
   
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8. [verwijderd] 24 december 2012 09:50

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   GOLD BULLION RECEIVES POSITIVE PRELIMINARY ECONOMIC ASSESSMENT
   FOR GRANADA, PROCEEDING TO PRELIMINARY FEASIBILITY STUDY
   
   www.goldbulliondevelopmentcorp.com/Fi...
   
   GOLD BULLION RECEIVES POSITIVE PRELIMINARY ECONOMIC ASSESSMENT
   FOR GRANADA, PROCEEDING TO PRELIMINARY FEASIBILITY STUDY
   December 21, 2012 – Gold Bullion Development Corp. (TSX.V: GBB) (OTCPINK: GBBFF)
   (the “Company” or “Gold Bullion”) is pleased to announce the first economic estimates for its
   Granada gold property located on the prolific Cadillac trend in northwestern Quebec, 5 km south
   of the city of Rouyn-Noranda. The proposed combination of an open pit and underground
   operation has the potential to move Gold Bullion into gold production at the approximate rate of
   102,000 ounces of gold per year.
   The Preliminary Economic Assessment (PEA) was prepared by SGS Canada Inc. - SGS Geostat
   business unit. The PEA is based on the measured, indicated and inferred gold resource estimation
   provided by SGS Geostat that was press released on November 15
   th
   2012 in accordance with
   National Instrument 43-101 Standards of Disclosure for Mineral Projects as defined by "NI 43-
   101" regulations. PEA highlights are summarized below:
   Assumptions
   Gold Price (US$/oz) - 3 years trailing average 1,470
   Canadian $ to US$ rate 1.0:1.0
   Mineral Resources (recovered ounces)
   Underground Resources (1) 387,000
   Open pit Resources (2) 739,000
   Mine Parameters
   Mill feed coming from underground mine (tonnes per day) 1,000
   Mill feed coming from open-pit mine (tonnes per day) 6,500
   Combined mill feed (tonnes per day) 7,500
   Mine plan tonnage (tonnes) 26,400,000
   Underground Mine plan mill feed grade (grams/tonne) 3.51
   Open-pit Mine plan mill feed grade (grams/tonne) 1.07
   Open-pit waste-to-ore ratio 5.91
   Estimated gold recovery (%) 94.10
   Total gold recovered (ounces) 1,126,000
   Pre-production period (years) 2.00
   Mine life (years) 11.00 Average annual gold production (ounces) 102,000
   Costs
   Pre-production capital ($) 259,000,000
   Average Underground cash cost per ounce (US$/oz) 1,205
   Average Open-pit cash cost per ounce (US$/oz) 985
   Financial Return
   Payback from start of production (years) 6.80
   Internal Rate of Return (before tax) 10.4%
   Net present value, pre tax, 5.5% discount ($ disc.) 74,300,000
   (All dollar figures expressed in Canadian dollars, except where indicated)
   Resource category Tonnes Grade (g/t)
   U/G
   (1)
   Measured 18,000 2.79
   Indicated 1,018,000 3.74
   Inferred 2,635,000 3.42
   Open-pit
   (2)
   Measured 20,485,000 1.05
   Indicated 2,178,000 1.27
   Inferred 112,000 0.78
   Note: The above chart is presenting the resource as diluted material, mineral resources that
   are not mineral reserves and do not have demonstrated economic viability.
   At the prevailing gold price on December 19th, 2012 of US$1,650 per ounce and a Canadian to
   U.S. dollar exchange rate of 1.00, Gold Bullion has determined that the pre-tax NPV increases to
   $217.8 million at a 5.50% discount rate while pre-tax IRR increases to 18.8% with payback time
   reduced to 4.8 years (using the same mine plan).
   The study was prepared as a stand-alone project, relating solely to the mineral resources deposit
   at Granada, and accordingly does not take into account the previously outlined potential at depth
   disclosed on November 26
   th
   , 2012 since it is not mineral resources. Additional work is therefore
   required to convert the portion of potential into mineral resources.
   The Scoping Study mentioned herein is a preliminary evaluation inclusive of inferred mineral
   resources that are too geologically speculative to infer economical considerations that would
   classify them into mineral reserves. It is therefore uncertain that this preliminary evaluation
   results in the expected outcome.
   The complete technical report will be filed on the Company’s website
   (www.GoldBullionDevelopmentCorp.com) and on SEDAR (www.sedar.com) in the next 45
   days.“We are very pleased to release the Preliminary Economic Assessment study on the Granada gold
   deposit” stated Frank J. Basa, P. Eng., President and Chief Executive Officer. “Due to the
   dedication and diligence of Gold Bullion's technical team and consultants, we have been able to
   deliver this study within just four years of developing the property and are proud to see Gold
   Bullion progress as a potential emerging producer of gold in the near term, creating shareholder
   value through successful exploration and development while continuing to seek out other
   worthwhile opportunities for growth.”
   The delivery of the Scoping (PEA) Study completes the first stage of Gold Bullion's Continuous
   Development Program at Granada, aimed at advancing the Granada Project to commercial
   production, by demonstrating an economic, environmental and social gain, while simultaneously
   mitigating the technical, financial, and environmental risks of the Project.
   As mineral resources could be affected by permitting and social acceptance issues, Gold Bullion
   plans to hold meetings with various stakeholder groups prior to the completion of the PreFeasibility Study and will either be incorporating those views and recommendations into the
   study or retaining as recommendations to be addressed in the possible final Feasibility Study.
   Claude Duplessis, Eng., Gaston Gagnon, Eng. and Jonathan Gagné, Eng. are acting as the
   qualified persons (QP) for Gold Bullion Development Corp. in compliance with National
   Instrument 43-101 and have reviewed the technical contents of this press release.
   About Gold Bullion Development Corp.
   Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company
   focusing on the exploration and development of its Granada Property near Rouyn-Noranda,
   Québec. Additional information on the Company’s Granada gold property is available by visiting
   the website at www.GoldBullionDevelopmentCorp.com and on SEDAR.com.
   “Frank J. Basa”
   Frank J. Basa, P.Eng.
   President and Chief Executive Officer
   For further information contact:
   Frank J. Basa, P.Eng., President and CEO at 1-514-397-4000
9. [verwijderd] 17 februari 2013 12:23

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   www.goldbulliondevelopmentcorp.com/en...
   
   PRESS RELEASES
   
   SUMMARY OF METALLURGICAL TESTS PERFORMED ON HAND COBBED SAMPLES FROM THE BEAVER SILVER MINE, COBALT CAMP
   02-14-2013
   Gold Bullion Development Corp. (TSXV:GBB) (OTCPINK:GBBFF) (the “Company” or “Gold Bullion”) is pleased to announce the results of a high definition mineralogy study and some scoping level flotation and gravity separation tests done at SGS Lakefield on samples from its Beaver Silver Property, located 15 kilometres east of the historic silver camp in Cobalt, Ontario.
   
   » Download the full press release document (PDF 145kb)
   
   Back to news
10. [verwijderd] 17 februari 2013 12:25

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    GOLD BULLION APPOINTS NEW CFO FOR CASTLE SILVER MINES INC.
    February 15, 2013 – Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the
    “Company” or “Gold Bullion”) is pleased to announce the appointment of Derrick West as Chief
    Financial Officer (“CFO”) of Castle Silver Mines Inc., a wholly owned subsidiary of the
    Company. Mr. West will take over from Thomas P. Devlin who will continue to hold the position
    of Chief Financial Officer for Gold Bullion.
    Mr. West has over eight years experience in public and corporate accounting, with the last four
    years spent as CFO of a multi-national mining exploration drilling company. During his tenure as
    CFO, Mr. West was able to facilitate and provide the requisite financial support for the
    company’s growth plans by fully funding two strategic acquisitions, while also securing several
    other debt and equity funding arrangements.
    Earlier in his career Mr. West worked ten years with Grant Thornton LLP, an international
    accounting and consulting firm. He obtained a chartered accounting designation (“CA”) in 1992
    and graduated from Mount Allison University in 1989 with a Bachelor of Commerce degree.
    Castle’s President and Chief Executive Officer, Frank Basa, stated: “We are very pleased to have
    Derrick join Castle as our CFO. His significant corporate finance and senior management
    experience are an excellent complement to the rest of the management team. I would also like to
    thank and acknowledge Mr. Tom Devlin for his contribution as Castle’s CFO.”
    Gold Bullion also announces that it has granted stock options to Mr. West to purchase 600,000
    common shares in the capital of Gold Bullion, exercisable at a price of $0.10 per share for a
    period of five years, subject to regulatory approval. The stock options are granted in accordance
    with the Company’s stock option plan and the policies of the TSX Venture Exchange.
    Castle Silver Mines Inc.
    Castle Silver Mines Inc. was incorporated in March 2011 as a wholly-owned subsidiary of Gold
    Bullion, for the purpose of taking over the silver assets and exploration activities carried out by
    Gold Bullion, so that Gold Bullion could devote itself solely to exploration for gold. Castle
    Silver Mines Inc. currently owns the Castle Silver Mine property located in Gowganda, Ontario.
    About Gold Bullion Development Corp.
    Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company
    focusing on the exploration and development of its Granada Property near Rouyn-Noranda,
    Québec. Additional information on the Company’s Granada gold property is available by visiting
    the website at www.GoldBullionDevelopmentCorp.com and on SEDAR.com.“Frank J. Basa”
    Frank J. Basa, P.Eng.
    President and Chief Executive Officer
    For further information contact:
    Frank J. Basa, P.Eng., President and CEO at 1-514-397-4000
12. [verwijderd] 17 februari 2013 12:26

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    www.goldbulliondevelopmentcorp.com/en...
13. [verwijderd] 17 februari 2013 12:45

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    Ondertussen zakken de goudmijnen steeds dieper in het moeras.
14. [verwijderd] 10 april 2014 20:05

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    www.stockhouse.com/news/press-release...
    
    Gold Bullion Announces Mou With Iamgold
    V.GBB | 3 hours ago
    (via Thenewswire.ca)
    
    Montreal, Quebec / TNW-ACCESSWIRE / April 10, 2014 - Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion") announces that it has signed a Memorandum of Understanding ("MOU") with IAMGOLD Corporation ("IMG") dated April 8, 2014 with respect to IMG processing ore emanating from the Granada mine site at its Westwood Mill. After appropriate due diligence, Management has determined IAMGOLD Corporation is the best-positioned local mill facility to process the mineralized material from Granada. In summary, its proximity provides the most cost effective and economic option for the Company due to the short hauling distance from the Granada mine site.
    
    The subject-mineralized material is to be mined from the near surface drill indicated gold resource identified in the Extend LONG Bars Zone. At this stage of property development, the Company is targeting a total of 500,000 to 600,000 tonnes of mineralized material for processing over a three-year period. The transaction terms outlined in the MOU are non-binding on the parties and the MOU is expected to be superseded by a definitive milling agreement to be signed between the parties no later than June 30th, 2014.
    
    Memorandum of Understanding
    
    Under the proposed terms of the MOU, IMG anticipates milling between 500,000 to 600,000 tonnes of gold mineralized material for Gold Bullion or 150,000 to 200,000 tonnes on an annualized basis. Management has set out the initial terms of the milling agreement at three years with the subject-mineralized material to be milled in batches. It is expected typical batch size will range from 35,000 to 50,000 tonnes with each batch of material to be processed consecutively as one complete batch.
    
    Processing will take place on a schedule of one batch every three months. Once each batch of ore has been processed, settlement to Gold Bullion is to be made in the form of recovered precious metals that will be deposited to Gold Bullion metal accounts at the refiners' offices.
    
    The milling agreement will have an Evergreen clause that will renew the agreement automatically for an additional three years upon completion of this first agreement unless either party notifies the other in writing otherwise. This written notice must be with 120 days advance notice prior to the end of this initial term. The milling agreement can also be terminated earlier for convenience or based on other changes in circumstances, again by either party. Detailed specifics of the milling agreement will be forthcoming when finalized by both parties.
    
    About Gold Bullion Development Corp.
    
    Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Quebec, and its high grade Castle Silver Mine in Gowganda, Ontario. Additional information on the Company's Granada gold property is available by visiting the website at www.GoldBullionDevelopmentCorp.com and on SEDAR.com.
    
    "Frank J. Basa"
    
    Frank J. Basa, P.Eng.
    
    President and Chief Executive Officer
    
    For further information contact:
    
    Frank J. Basa, P. Eng., President and CEO at 1-514-397-4000.
    
    Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
    
    Copyright (c) 2014 TheNewswire - All rights reserved.
    
    TheNewsWire
    April 10, 2014 - 10:42 AM EDT
    
    Read more at www.stockhouse.com/news/press-release...
15. [verwijderd] 10 april 2014 20:51

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    www.stockhouse.com/news/newswire/2014...
    
    Gold Bullion Development (V.GBB) soars 50% on inking MOU with IAMGOLD (T.IMG)
    Gaalen Engen Gaalen Engen, Stockhouse.com
    0 Comments| 20 minutes ago
    Add to favourites
    Gold Bullion Development (TSX-V:GBB, StockForum), a Montreal Quebec-based firm engaged in the exploration of Canadian gold and silver properties, announced today that the company had signed a memorandum of understanding with IAMGOLD (TSX:IMG, StockForum) (“IMG”) on April 8, 2014 in regards to IMG processing ore originating from the Granada mine site at its Westwood Mill.
    
    According to the news release, the management decided, after carrying out due diligence, that IMG was the best-located mill facility was the most cost effective and economically viable choice for processing ore from the Granada mine site due to its close proximity to the mine.
    
    Under terms of the MOU, Gold Bullion expects to ship 500,000 to 600,000 tonnes of gold mineralized material to IMG in batches for processing during the proposed three-year milling agreement with each batch ranging between 35,000 to 50,000 tonnes.
    
    Batches will be delivered once every three months with IMG depositing its settlement to Gold Bullion’s metal accounts at the refiner’s office after each batch is processed.
    
    The release went on to note that the aforementioned agreement will contain an Evergreen clause that will automatically renew for an additional three years after the original agreement is completed or when either party notifies the other in writing prior to completion.
    
    The milling agreement can be terminated earlier by either party for convenience or based on other changes or circumstances.
    
    Gold Bullion Development was in the news recently when the company announced results from its 2014 annual general and special meeting.
    
    Shares jumped 50.00% on the news to $0.045 per share.
    
    Currently there are 257.6m outstanding shares with a market cap of $11.6 million.
    
    Read more at www.stockhouse.com/news/newswire/2014...
16. [verwijderd] 8 mei 2014 20:51

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    www.goldbulliondevelopmentcorp.com/Fi...
    
    GOLD BULLION RECEIVES POSITIVE PRE-FEASIBILITY STUDY FOR THE
    ROLLING START TO GOLD PRODUCTION AT GRANADA
    May 6, 2014 – Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the
    “Company” or “Gold Bullion”) announces it has received the Preliminary-Feasibility Study
    “PFS” for the “Rolling Start” at Granada. All in total cash costs for gold production at the
    higher grades of 4.24 g/t gold from the open pits assessed by this study are US $797 per
    ounce at an internal rate of return of 169% percent before tax. The payback period for the
    $6.7 million needed to commence the “Rolling Start” is just under 7 months with an NPV of
    $24.65 million before taxes discounted at 6% within 3 years.
    The after taxes NPV has an IRR of 139% with an NPV of $20.04 Million. At this stage of the
    property development the PFS delineates gold production of 73,585 ounces at the annual
    rates of 25,669, 27,556 and 20,361 ounces per year respectively over the next three years.
    The higher-grade resource to be mined for the “Rolling Start” gold production is based on
    reserves of 569,000 tonnes at 4.24 g/t for 73.6 thousand ounces of gold at a cash cost of US
    $797 per ounce. Mill feed including dilution is 170,000 tonnes at 3.72 g/t gold in the Proven
    Category and 398,600 tonnes at 4.46 g/t gold in the Probable Category. These gold grades
    demonstrate and are indicative of the inherent flexibility the Company has with respect to
    grades contained in the current resource at the 11,000-hectare Granada Mine property.
    The “Rolling Start” study was prepared as a stand-alone project utilizing custom milling (see
    press release MOU of April 10th for details) at a local mill and solely relates to those mineral
    reserves located within the open pits of the Granada deposit. The “Rolling Start” does not
    take into account the underground mineral resources, which also comprise a significant
    part of the Granada Project.
    The synergy of accessing an existing operating mill in the prolific gold producing Abitibi
    region of Quebec in tandem with the proposed open pit “Rolling Start” mineral extraction
    plan brings the Company into position as a potential gold producer. During this initial
    development phase the Company is continuing to study and analyze the economics around
    underground mine development and will also engage in “right sizing” property holdings.
    The Company also has drill-defined targets to the north of the LONG Bars Zone aimed at
    corroborating earlier drill data that outlined the potential for an additional 1-2 million
    ounces of gold at grades of 3.0 to 4.2 grams per tonne. (Press release dated November 13th,
    2013.) The current higher-grade resource estimation and the potential addition to the
    resource cover approximately 20 percent of the already explored LONG Bars zone. By
    increasing the input grade of the open pitable resource when practical, de-risking of the
    project will remain an ongoing priority going forward. This Preliminary Feasibility Study was prepared by SGS Canada Inc. "SGS" in Blainville,
    Quebec with additional contributions from other leading engineering firms and consultants,
    in accordance with and as defined by National Instrument 43-101 "NI 43-101" Standards of
    Disclosure for Mineral Projects.
    
17. [verwijderd] 31 maart 2016 20:51

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    Iemand hier nog in?
    Hype is mogelijk weer terug. CAD 0,015 eind augustus 2015 en nu net een duppie op hoger volume. Zit misschien meer in het vat?
    
    www.google.com/finance?q=CVE%3AGBB&am...
18. [verwijderd] 31 maart 2016 22:23

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    Gesloten op 10,5 Canadese centen, een plus van 16,7%.
19. [verwijderd] 3 april 2016 18:31

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    Gold Bullion declares distributions of Takara units
    
    2016-04-01 19:36 ET - News Release
    
    Mr. Frank Basa reports
    
    GOLD BULLION DECLARES DIVIDEND
    
    Gold Bullion Development Corp.'s board of directors has approved a stock dividend, with the first stock distribution payable on April 26, 2016, to shareholders of record of its common shares on April 12, 2016.
    
    In September, 2015, the company announced the closing of a transaction with Takara Resources Inc., whereby Gold Bullion transferred its then wholly owned subsidiary, Castle Silver Mines Inc., including its 100-per-cent interest in the 3,300-hectare Castle silver mine property in Ontario, to Takara in exchange for 10 million units of Takara. The Takara units are to be issued to the company in equal amounts of 2.5 million units. The first issuance was payable upon the closing of the share purchase agreement, and the remaining issuances are to occur on each anniversary from the closing date for the subsequent three years.
    
    Each unit comprises one common share in the capital of Takara and one common share purchase warrant, with each warrant entitling the holder to acquire one common share of Takara on or before 12 months from the date of issuance of the Takara units at an exercise price of 10 cents per common share.
    
    As mentioned in the company s news release of Sept. 15, 2015, upon the closing of the share purchase agreement, Gold Bullion had agreed, subject to TSX Venture Exchange approval, to distribute, pro rata, the Takara units received and to be received pursuant to the share purchase agreement to Gold Bullion's shareholders of record, subject to a regulatory four-month hold period commencing from the date of issuance of the Takara units.
    
    In accordance with the terms of the share purchase agreement, Takara will not be obligated to issue any Takara units if such issuance results in Gold Bullion holding more than 20 per cent of the then issued and outstanding common shares in the capital of Takara. Any exception would require Takara to first obtain shareholder approval. For greater certainty, Takara may issue the Takara units in smaller amounts and as such delay the scheduled issuance of the Takara units to avoid the result that issuing such Takara units would create a new control person as per TSX Venture Exchange policies and the definition of the term contained therein.
    
    The company will begin the distribution of the Takara units to its shareholders of record in accordance with the following terms:
    
    2.5 million Takara units to be distributed on each of the following dates (subject to the company being in possession of said Takara units on each date):
    April 26, 2016;
    April 26, 2017;
    April 26, 2018;
    April 26, 2019;
    With respect to the stock distribution to occur on April 26, 2016, the ex dividend date will be April 10, 2016 -- from this date and forward, new shareholders will not receive the dividend;
    With respect to the stock distribution to occur on April 26, 2016, the holder-of-record date will be April 12, 2016 -- the date on which the shareholders who are to receive the dividend are recognized;
    For stock distributions to occur on subsequent distribution dates in 2017, 2018 and 2019, separate ex dividend and holder-of-record dates will be established in each of those years.
    We seek Safe Harbor.
    
    © 2016 Canjex Publishing Ltd. All rights reserved.
20. [verwijderd] 3 april 2016 18:38

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    From the GBB forum (Gold Bullion Development Corp) last comments by Frank Basa (CEO) of GBB:
    
    Forum
    Administrator
    (227 posts)
    01 Apr 2016, 17:28
    
    @ rio, board
    
    The meeting was one of the best meetings we have ever had with them. As it stands we have two items to clarify which are relatively minor but they need this info for their files before we can be issued the CA.
    
    per/ F. Basa
    
    Forum
    Administrator
    (227 posts)
    02 Apr 2016, 10:34
    
    @ lindam, board
    
    Yes it can be resolved quickly and they indicated a willingness to act promptly once in a position to do so. Our legal expert will advise next week on what to do with the court date.
    
    per/ F. Basa
    
    
21. [verwijderd] 3 april 2016 18:40

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    GBB info on Takara (TKK/ Castle Silver Mine) share distribution:
    
    Forum
    Administrator
    (227 posts)
    02 Apr 2016, 10:29
    
    @ lindam
    
    This is just an approximation, the specifics will be calculated by the transfer agent accordingly. Over the four years we have 10 million units (10 million shares plus warrants).
    
    Dividing by o/s shares of GBB equals ~ 28.6 units of TKK/Castle per 1000 shares of GBB held, over the four year period. First allotment then would be that number divided by 4 equating to ~7 units per 1000.
    
    per/ F. Basa