NetworkNewsBreaks – Bullfrog Gold Corp. (CSE: BF
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Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) today announced initial gold and silver assay results from six of 25 holes drilled at its Bullfrog Project (“Project”). The Project comprises 5,250 acres of strategic lands, established resources and prospective exploration potential in the Bullfrog Mining District, one of the most active gold exploration regions in North America, located 4 miles west of Beatty, Nevada, and 125 miles northwest of Las Vegas, Nevada. The Company has commanding land and resource positions in the Bullfrog mine area and is leveraging a significant dataset acquired from Barrick Bullfrog Inc. Among the highlights, the Company reported that initial assays from two holes drilled in the bottom of the Montgomery-Shoshone (“MS”) pit were 0.55g/t gold and 1.95 g/t silver starting from 0 to 75 feet in BM-20-1 and 0.37 g/t gold and 1.15 g/t silver from 0 to 65 feet in BM-20-2. Results from three holes drilled in the Mystery Hill (“MH”) area included 110 feet averaging 0.274 g/t in BH-20-4 and 110 feet averaging 0.58 g/t in Bh-20-5. According to the update, these assays are very significant as the resources are highly oxidized and the Bullfrog area mineralization is amenable to achieving average gold recoveries of 85% based on extensive tests using high-pressure grinding rolls (“HPGR”) that produce a much finer leach feed with more microfractures than conventional crushing equipment.
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