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Gold Bull Resources (TSXV:GBRC) reports visible gold from drill holes at Sandman Project, Nevada

Mining
TSXV:GBRC
03 May 2021 16:45 (EDT)

Gold Bull Resources (GBRC) has observed visible gold in its reverse circulation (RC) drill chips at two drill holes.

The drill holes were completed at the Sandman Project’s North Hill South Prospect in Nevada.

Gold mineralization was first discovered at the Sandman Project, which Gold Bull purchased in December 2020, in 1987 and the project has been intermittently explored since then.

Research was completed based upon previous and historic drill data and was designed to test an area south of known shallow gold mineralization.

The two holes discovered gold grades of 1.78 g/t Au and 0.37 g/t Au at depths of 4.6 metres and 10.7 metres, respectively.

Gold Bull CEO Cherie Leeden commented,

“Extending the shallow oxide gold mineral resource estimate at North Hill was the target of these recently drilled holes. Observing visible gold in chips from the new target area which is located more than 70 meters outside of the current MRE is very encouraging.”

Gold Bull Resources is a gold-focused mineral exploration company that strives to generate and advance high-reward project acquisitions in regions with proven mineral wealth.

The company is driven by its core values and purpose which includes a commitment to safety, communication & transparency, environmental responsibility, community, and integrity.

Gold Bull Resources Corp. (GBRC) is up 2.27 per cent and is trading at $0.45 per share as of 3:11 pm ET. 

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