Latest Gold Bullion Develop (GBBFF) Headlines
Post# of 5
Gold Bullion Development Corp. Preliminary Feasibility Study imminent, Gold production scenario achievable with royalty shares
ACCESSWIRE - Thu Feb 27, 1:19AM CST
February 27, 2014 / Precious metal investors may wish to add Gold Bullion Development Corp. (TSX VENTURE:GBB) (Pink Sheets:GBBFF) (Frankfurt:B6D) on their watch list. This Q2 2014, independent consulting firm SGS is expected to deliver a Preliminary Feasibility Study (PFS) on GBB.V's Granada Mine located along the prolific Cadillac Trend in Quebec. The Granada Mine is now positioned for an initial open-pit Gold production scenario on its 1.6 million ounce Measured & Indicated* at 1.0g/t Au and 1.0 million ounces at 1.0 g/t Au Inferred* deposit. The PFS is expected to show the viability of open pit based production targeting high-grade (2 - 3 g/T and more) mineralization over a mining horizon of 3-4 years rolling start as an interim step towards development of the deposit. It is called a 'rolling start' as once it begins it is not expected to stop and is expected to grow. Once the initial open-pit is tackled, GBB.V will decide how to best proceed underground where it would tackle even higher grades and a potentially substantial extended mine life.
iStar Financial Declares Preferred Stock Dividends
PR Newswire - Fri Feb 14, 5:00PM CST
iStar Financial Inc. (NYSE: STAR) announced today that the Company's Board of Directors has declared dividends on the Company's Series D, Series E, Series F, Series G, Series I and Series J Preferred Stock. For all six series of Preferred Stock, dividends are payable on March 17, 2014 to holders of record on March 3, 2014.
Gold Bullion provides Pre-Feasibility Study update
CNW Group - Mon Dec 30, 8:23AM CST
Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion") has mandated SGS Geostat ("SGS") to review several options including the capacity of local milling alternatives in addition to on-site milling at the Granada property. Due to general market conditions, local excess milling capacity may now be available that will allow the Company to more efficiently process mineralized material from Granada. Test work is currently underway to evaluate the suitability and efficiency of various custom milling circuits. In addition to the open pit scenario previously referred to in the Company's press release dated November 13, 2013, the Company has mandated SGS to review the underground-mineralized material to be processed during the rolling start phase of the Granada Gold Mine property development. To date, the associated mining costs were determined based on using a primary mining contractor with blasting activities subcontracted. The costs anticipated at this stage are in line and consistent with previous Company expectations.
Gold Bullion announces Granada Royalty Shares
PR Newswire - Wed Dec 04, 10:36AM CST
Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the "Company") or "Gold Bullion") announces that it is considering raising funds by issuing a new series of shares, to be called "Granada Royalty Shares", by way of private placement. The purpose of the Granada Royalty Shares will be to allow investors to participate in the security of gold ownership if and when Gold Bullion's Granada Gold Property enters into commercial production. The Granada Gold Property is near Rouyn-Noranda, Québec.
Gold Bullion Development Corp. advancing toward near-term open-pit Gold production scenario
ACCESSWIRE - Wed Nov 27, 3:21AM CST
Gold Bullion Development Corp. (TSX VENTURE:GBB) (Pink Sheets:GBBFF) (Frankfurt:B6D) is the subject of a Mining MarketWatch Journal Review offering insight and opportunity afforded investors as GBB.V has built significant ounces at its Granada Mine located along the prolific Cadillac Trend in Quebec, and is now positioned for an initial open-pit Gold production scenario on its 1.6 million ounce Measured & Indicated at 1.0g/t Au and 1.0 million ounces at 1.0 g/t Au Inferred deposit. This Q4 2013, independent consulting firm SGS is expected to deliver a Preliminary Feasibility Study (PFS) commissioned with the mandate of lowering (compared to the PEA) the capital costs of the project as well as the cost per ounce of gold by increasing the grade of the gold to be processed -- Mining MarketWatch Journal believes a quality NPV and IRR is in the works and investors would be wise to put GBB.V on their shopping list now. The Granada Gold deposit is 100% owned by GBB.V and is currently ranked the 314th largest Gold deposit in the world. GBB.V has a market cap under $15 million, it is significantly undervalued on a comparable 'in situ' basis, and is speculated to be dramatically undervalued on a (upcoming PFS) NPV basis. GBB.V appears poised for considerable share price appreciation as the reality of the accomplishment underway is appreciated by the market.
Gold Bullion Development Corp. Granada progress update
CNW Group - Wed Nov 13, 9:00AM CST
Gold Bullion Development Corp. (TSX-V: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion") is providing an update on activities at the Granada Gold Property in Quebec with the Pre-Feasibility Study or ("PFS") anticipated in Q4 2013. Since delivery of a cash flow positive PEA last year (February 4, 2013 effective December 21, 2012), the Company has been working to further refine the overall economic strength of the various mining scenarios with the goal of improving margins given the volatility in the gold price during 2013. Based on the work completed to date, management believes that the upcoming PFS could demonstrate a viable scenario that targets higher grades above 2 grams per tonne. The Granada Mine property mineralization gives Gold Bullion the flexibility to develop the mine at different grades based on market conditions to ensure economic viability.
Gold Bullion provides update on its Castle Silver Mine Property
CNW Group - Mon Nov 04, 9:13AM CST
Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion") wishes to provide an update on its Castle Silver Mine Property.
Gold Bullion Provides Update on Progress at Granada Mine
CNW Group - Tue Jul 09, 8:43AM CDT
Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion") is providing an update on continuing activities at the Granada Gold Property in Quebec. The Company intends to provide an update on the progress at the Castle Silver Mine in Ontario at a future date.
Gold Bullion Development Initiates Trenching Program at Granada
PR Newswire - Mon Jun 03, 8:49AM CDT
Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion") is pleased to announce it has started its trenching program at Granada. The Company, based on SGS Geostat QP's recommendation in charge of the study, has initiated a trenching program aimed at validating the existence and position of mineralized zones at surface.
Gold Bullion Development Corp. Provides Update
PR Newswire - Wed May 15, 9:24AM CDT
Gold Bullion Development Corp. (TSXV:GBB) (OTCPINK:GBBFF) (the "Company" or "Gold Bullion") is pleased to announce that as part of the Company's ongoing program to produce a Preliminary Feasibility Study (PFS), the Company has engaged several independent consultants. SGS Mineral Services - Lakefield in Canada and Gekko Systems based in Australia will conduct metallurgical test work for process plant flow sheet optimization. Roche Ltée, Groupe-conseil has also been retained and will be responsible for all aspects of environmental and permitting work while C.C. Consultants will be advising on matters pertaining to social responsibility and local community communications. SGS Geostat's role is to over see management of the entire project.
Gold Bullion Announces Results of 2013 Annual General Meeting
ACCESSWIRE-TNW - Tue Mar 26, 9:04AM CDT
March 26, 2013 - Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion") announces that the 2013 Annual General Meeting of Shareholders (the "Meeting") was held on Friday, March 22, 2013.
Gold Bullion Appoints New CFO for Castle Silver Mines Inc.
ACCESSWIRE-TNW - Fri Feb 15, 3:27PM CST
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.
Gold Bullion Development Corp. - Summary of metallurgical tests performed on hand cobbed samples from the Beaver Silver Mine, Cobalt Camp
CNW Group - Thu Feb 14, 11:22AM CST
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.