Gold Bullion Develop (GBBFF) 0.0130 $GBBFF Gold Bullion

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Gold Bullion Develop (GBBFF) 0.0130 $GBBFF

Gold Bullion Increases Total Ounces in New Gold Resource Estimate
PR Newswire - Tue May 26, 2:07PM CDT
Gold Bullion Development Corp. (TSX.V: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion" has received an updated Mineral Resource estimate on its Granada Gold Property located south of Rouyn-Noranda, Quebec. This update takes the 1 g/t range base case resource to 833,477 ounces gold in Measured category grading 0.90 g/t in 30.4 Million tonnes, 753,811 ounces gold in Indicated category grading 0.96 g/t in 26.5 million tonnes and 1.6 million ounces grading 0.99 g/t Au in 51.5 million tonnes in inferred resources using a cut-off grade of 0.30g/t. This is revised up from the previous estimate of 1.6 Million ounces in Measured and Indicated grading 1.05 g/t in 47.5 Million tonnes and 1.0 million ounces in inferred grading 1.07 g/t Au in 30.0 million using a cut-off grade of 0.40g/t released in the February 2013 PEA.
GORO: 2.49 (+0.01), GBB.VN: 0.020 (unch)

Gold Bullion achieves up to 97% gold recovery in metallurgical test work in advance of the next stage of the rolling start of gold production at the Granada Gold Mine
PR Newswire - Thu May 07, 9:00AM CDT
-- The calculated head grade for gold showed an increase of 33 percent over the assayed head grade, indicating the potential exists for a significant increase in the resource
GBB.VN: 0.020 (unch)

Gold Bullion Announces Signing of Amended and Restated Share Purchase Agreement and Conditional Approval of Share Purchase
CNW Group - Mon May 04, 6:49PM CDT
Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion" is pleased to announce that Takara Resources Inc. ("Takara" ("TSX.V: TKK" has received conditional approval to the acquisition of certain properties of Gold Bullion situated in Ontario, through the acquisition of Gold Bullion's wholly-owned subsidiary, Castle Silver Mines Inc. ("CSM" (the "Transaction". CSM currently owns a 100% interest in the 3,300-hectare Castle Silver Mine property, a past producer located near the northern Ontario community of Gowganda and 85km northwest of the historic Cobalt silver mining camp. Pursuant to the terms of the share purchase agreement dated April 13, 2015 (the "Original Agreement", Takara will acquire all of the issued and outstanding common shares of CSM from Gold Bullion in exchange for 10,000,000 units of Takara issued in equal stages of 2,500,000 units over a 4-year period (each unit consisting of one common share in the capital of Takara and one common share purchase warrant exercisable at $0.10, expiring one year from the date of issuance of the units). Under the terms of the amended and restated share purchase agreement dated May 4, 2015 (the "Amended Agreement", Gold Bullion has agreed to distribute pro rata the Takara units received pursuant to the terms of the Amended Agreement to Gold Bullion shareholders. In addition, the parties have agreed that Takara will not be obligated to issue any units, if such issuance results in Gold Bullion holding more than 20% of the then issued and outstanding common shares in the capital of Takara, unless Takara has received shareholder approval. All other terms of the Agreement remain as previously agreed.
GBB.VN: 0.020 (unch)

Takara Announces Signing of Amended and Restated Share Purchase Agreement and Conditional Approval of Share Purchase
Newsfile Corp - Mon May 04, 5:01PM CDT
full story)
TKK.VN: 0.025 (-0.005)

Surface Grades of 6.05 g/t Au Over 8 Metres in Channel Sampling at Granada
PR Newswire - Wed Apr 22, 1:23PM CDT
Press release highlights:
GBB.VN: 0.020 (unch)

Gold Bullion Announces Signing Of Definitive Agreement With Takara Resources Inc.
PR Newswire - Mon Apr 13, 5:34PM CDT
Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion" is pleased to announce that, further to the Company's press release of March 11, 2015, Gold Bullion and Takara Resources Inc. ("Takara" (TSX.V: TKK) have entered into a definitive purchase and sale agreement (the "Agreement" for Takara to acquire certain properties of Gold Bullion situated in Ontario, through the acquisition of Gold Bullion's wholly-owned subsidiary, Castle Silver Mines Inc. ("CSM"(the "Transaction". CSM currently owns a 100% interest in the 3,300-hectare Castle Silver Mine property, a past producer located near the northern Ontario community of Gowganda and 85km northwest of the historic Cobalt silver mining camp.
TKK.VN: 0.025 (-0.005), GBB.VN: 0.020 (unch)

Takara Resources Announces Signing of Definitive Agreement with Gold Bullion Development Corp.
Newsfile Corp - Mon Apr 13, 4:06PM CDT
full story)
TKK.VN: 0.025 (-0.005), GBB.VN: 0.020 (unch)

Gold Bullion Receives Wood Cutting Permit for Site Clearing in Preparation for Gold Production at Granada
PR Newswire - Fri Apr 10, 8:53AM CDT
Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion" recently received a wood cutting permit and has begun timbre removal and ground clearing for the first proposed open pit in the Rolling Start to gold production at the Granada Gold Mine. In addition, ground preparation for the construction of a sound barrier south of the Mousseau Pit has also commenced as well as work in the polishing pond area.
GBB.VN: 0.020 (unch)

Takara Resources Inc Moving Forward on Due Diligence Related to Letter of Intent with Gold Bullion Development Corp.
Newsfile Corp - Tue Apr 07, 7:31AM CDT
full story)
TKK.VN: 0.025 (-0.005), GBB.VN: 0.020 (unch)

Gold Bullion Identifies New Gold-Bearing Structures at Castle Property Including 3.77 g/t Over 1.27 m
CNW Group - Thu Apr 02, 10:22AM CDT
Gold Bullion Development Corp. (TSX.V: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion" continues to be encouraged about the overall gold hosting potential of the Castle property with the indication of a potential second gold mineralization zone to the north of 2014's trenching activities based on mineralized boulders north of the strongly mineralized zones in the 2014 trenching work.
GBB.VN: 0.020 (unch)

Takara Completes LOI with Gold Bullion to Acquire Castle Silver Mines Inc.
Newsfile Corp - Wed Mar 11, 4:31PM CDT
full story)
TKK.VN: 0.025 (-0.005), GBB.VN: 0.020 (unch)

Gold Bullion enters into LOI with Takara Resources Inc. to spin out Castle Silver Mines Inc.
CNW Group - Wed Mar 11, 4:30PM CDT
Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion" is pleased to announce that it has signed a Letter of Intent ("LOI" with Takara Resources Inc. (TSX.V: TKK) aimed at unlocking the value of the assets held by Gold Bullion's wholly-owned subsidiary, Castle Silver Mines Inc. ("CSM". These assets feature the 3,300-hectare Castle Silver Mine Property, a past producer located near the northern Ontario community of Gowganda and 85 km northwest of the historic Cobalt silver mining camp.
GBB.VN: 0.020 (unch)

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