Lights are on!! Welcome all current and future investors to the Agoracom hub for Gold Bullion Development. I look forward to sharing and reading all facts and information we may dig up.
I’ll get the ball rolling with some history:
Gold Bullion has a tremendous chance of making a very significant discovery at its Granada Gold Mine near Rouyn-Noranda along the famous “Cadillac Fault”.
Gold Bullion’s neighbor is Yorbeau Resources, which has gone from a market cap of 13 million to 42 million since the beginning of September, and investors are starting to realize that GBB holds the same potential.
The Granada Gold Mine was originally brought into production in 1930. A mill with a capacity of 180 tonnes per day processed 51,476 ounces from 181,744 tonnes of ore averaging 9.7 g/t gold and 1.5 g/t silver until a fire destroyed the surface structure in 1935.
In the 1980’s and 1990’s, significant exploration took place producing an A.C.A Howe Limited all-category estimate (non-compliant) in 1994 of 2.38 million tonnes grading 4.08 g/t gold.
Gold Bullion acquired the Granada Mine in 2006 and are now drilling it and some of the surrounding area for the first time. They have an extensive historical drilling date base to work with and a land package that they have increased from under 100 hectares to 2,300 hectares. Approximately 95% of the land package is unexplored and it lies in the heart of a prolific gold belt.