From Rouyn-Noranda, Quebec, 10:15 am eastern
Greetings from Rouyn-Noranda, Quebec, home of the Xstrata Smelter with Gold Bullion Development’s (GBB, TSX-V) Granada Gold Property just 5 kilometres to the south…we have returned to the infamous “Cadillac Trend” and the world’s #1 ranked jurisdiction for mining and exploration…anyone seriously interested in this business as an investor needs to visit this amazing area – it is truly an eye-opener…there is so much to see and learn…Gold Bullion is once again graciously allowing us another peak at the LONG Bars Zone this afternoon…we are here today and tomorrow and we’ll be filing our first major report at 10 o’clock eastern tonight…the company has not released any exploration news and drill results since July 29 but the news last month was certainly encouraging, so we remain extremely upbeat about this project…so too, it seems, is Jordan Capital which has been on another buying spree lately and they are a key player to watch in the GBB market…we do know, based on Gold Bullion’s web site Fact Sheet which was updated yesterday, that 16,000 metres (out of a planned 20,000 metres) has now been completed in Phase 2 and news is “pending” from Granada – we take that to mean within a week or so but that’s just a wild guess…what also stood out on the Fact Sheet was another drill core picture from an unidentified hole in the eastern extension that appears to us to be feldspar porphyry which is interesting…this is becoming a common theme…GBB’s news last month emphasized the fact that drilling in the east is intersecting a lot of altered feldspar porphyry which may prove to be very significant (assays of course will tell the tale)…what we’re hoping Gold Bullion will be able to do in the near future is lay out more specifics regarding the Granada geological equation – in particular the very intriguing scenario that seems to be taking shape east of the Block Model…we’ll get into this a little more tonight…Granada is a fascinating geological story and those who like to keep focused on the “big picture”, and not allow themselves to get distracted by hourly price moves in the stock, cannot help but remain very confident and excited about the enormous potential of the LONG Bars Zone and its possible “twin brother” further east…we’re very much looking forward to our site visit later today…the rain in Rouyn has now stopped and the weather is expected to improve rather dramatically…Gold Bullion is unchanged at 54 cents as of 10:15 am eastern