Bullion River leidet wohl momentan ...

Bullion River Gold Corp. gibt ein Update zu Explorationsaktivitäten und Plänen zur weiteren Entwicklung der Mine French Gulch

13.09.2005  Investor Relations -

Reno, Nevada, USA. 13. September 2005. Bullion River Gold Corp. (Frankfurt WKN: A0B931, OTCBB: BLRV) setzt seine Vorbereitung für die Gewinnung und Verarbeitung der Großprobe auf French Gulch fort.

Das Unternehmen plant sein Bohrprogramm auszuweiten, um die Präsens von Golderz unterhalb der bekannten Erzkörper, die geschätzte 120.000 Unzen gemäß dem SEC Industry Guide #7 und den Canadian Resource Standards enthalten. Der extreme Nugget-Effekt der Vererzung erfordert die Verarbeitung von Großproben um verlässliche Angaben über den Goldgehalt zu erhalten. Demgemäß ist die Gewinnung und Verarbeitung einer Großprobe von den Erzadern Washington und Lucky 7 ab Anfang Oktober geplant. Peter M. Kuhn, President von Bullion River Gold Corp., meint: „In den letzten Monaten haben wir die Ergebnisse der Bohrungen und der Bodenproben gründlich geprüft und beurteilt und die Pläne für den nächsten Schritt verfeinert. Unsere Meinung über das Potenzial des Districts French Gulch hat sich wesentlich verbessert. Unsere Pläne sind besser definiert. Und wir werden French Gulch so effizient wie möglich vorantreiben.“ Über Bullion River Gold Corp. Bullion River Gold Corp. ist eine US-amerikanische Explorationsgesellschaft, die sich auf Regionen mit Gold- und Silberlagerstätten fokussiert, namentlich auf den Westen der USA. Die Gesellschaft hält derzeit sieben Liegenschaften, wovon fünf in Nevada gelegen sind. Drei dieser Liegenschaften gelten als fortgeschrittene Projekte, zwei als so genannte Grassroots-Projekte. Die beiden anderen Projekte sind in Kalifornien. Bei beiden handelt es sich um ehemalige Minen (Past Producers). Weitere Informationen über Bullion River und sämtliche Projekte erhalten Sie auf der Internetseite der Gesellschaft http://www.bullionriver.com/ sowie http://www.bullionriver.de/ in deutscher Sprache. Für weitere Informationen wenden Sie sich bitte an: Bullion River Gold Corp. Peter M. Kuhn, President 1325 Airmotive Way, Suite 325 Reno, NV 89502, USA Tel. +1 (775) 324-4881 Fax +1 (775) 324-7893 info@bullionrivergold.com http://www.bullionriver.de/ AXINO AG Silberburgstrasse 112 D-70176 Stuttgart Tel. +49 (711) 25 35 92-30 Fax +49 (711) 25 35 92-33 info@axino.de http://www.axino.de/

Bullion River Gold Corp.'s Latest Drill Results Features a 6.008 opt Hole Over 1 Foot at its French Gulch Mine in California
Tuesday October 4, 11:11 am ET

RENO, Nev.--(BUSINESS WIRE)--Oct. 4, 2005--Bullion River Gold Corp. (OTCBB:BLRV - News) announces the assay results of the final drill holes of its Phase 1 drill program at its French Gulch mine (see Tables 1-5). The area explored in the Phase 1 underground drill program established the presence of 4 mineable veins; the Lucky 7, the Dean, the No. 2, and the Washington vein (see attached Tables 1 to 4). Their depth extends to 300 ft below known and mined areas. The latest assay results of this initial drill program continues to feature multiple ounce holes with a highlight of a 6.008 opt hit in the Washington vein in hole RBU-64 drill program. The company plans additional surface and underground exploration and an underground test-mining program by extending the existing veins and new ore shoots, in order to better define average grades.

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Peter M. Kuhn, President of Bullion River Gold Corp. states: "We are very excited about the final and overall results of our initial drill program and the findings from our surface exploration. While we discovered 6 additional zones for further drilling on the property, we have very good reasons to believe that the area we initially drilled will be the starting point for production. The test mining we are on the verge of commencing will give us the final confirmation in terms of average grade, ore recovery from our existing mill and, therefore, final feasibility".

About Bullion River Gold Corp.: Bullion River Gold Corp. is an American based mineral exploration company focusing on regions containing gold-silver deposits predominantly located in the Western United States. The company presently has a total of seven properties of which five are located in Nevada. Three of these properties are considered advanced projects and two are considered grassroots projects. The two remaining properties are in California. Both of these properties are past producers.

For more information, contact Leann Pinguelo, Investor Relations at Bullion River Gold Corp. at (800) 540-BLRV (2578) or at leann@bullionriver.com or visit the Company's website at www.bullionriver.com or the U.S. Securities & Exchange Commission's website at www.sec.gov/ to review Bullion River's latest filings.

This release contains certain statements that are "forward-looking" statements (as the term is defined in the Private Securities Litigation Reform Act of 1995). Any such forward-looking statements are inherently speculative and are based on currently available information, operating plans and projections about future expectations and trends. As such, they are subject to numerous risks and uncertainties, such as general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations, and other factors over which Bullion River Gold Corp. has little or no control. Actual results and performance may be significantly different from expectations or trends expressed or implied by such forward-looking statements. Bullion River Gold Corp. expressly disclaims any obligation to update the statements contained in this release.

NOTE: To view the tables which accompany this release, please click the following link.

Tables 1-4: http://www.ccnmatthews.com/docs/BLRVa.pdf

Table 5: http://www.ccnmatthews.com/docs/BLRVb.pdf

Bullion River Gold Corp. (OTC Bulletin Board:BLRV - News)

The Dale (Monte Negro) Mining District is situated at a major structural break between the Central Mojave Detachment terrain and segments of the San Andreas and Pinto Mountain Fault segments. High-grade gold (+1 ounce) mineralization is found in a series of sub parallel fault controlled veins with quartz-magnetite-specularite and pyrite, which are hosted by Mesozoic granites of the Sierra Nevada Batholith. The veins tend to increase in grade and thickness with depth. Previous work by state geologists and geologic consultants, has indicated possible resources between 160,000 and 650,000 tons of vein material solely on the Mission vein. A California State report gives an inferred resource of 350,000 tons for the Mission vein. Previous workers collected 175 channel samples from the underground workings of the Mission Mine, which averaged 0.8 ounce/ton gold; and 57 channels from the 600-foot level averaged 1.46 ounce/ton gold. A 1996 mine evaluation report on the Mission Mine estimated a 280,000-ounce resource according to the standard set out in Canadian National Instrument 43-101, or 280,000 ounces mineralized material according to Industry Guide #V of the SEC. The company intends to direct its current and future efforts towards confirming and enlarging these resources, obtaining permits, and ultimately mining the resource profitably.

Peter M. Kuhn, president of Bullion River Gold Corp. states: "As our continuing success at the French Gulch mine demonstrates, we are confident that we can successfully develop mines in California and maintain our commitment to safety and environmental responsibility. The acquisition of the Mission Mine again confirms our belief in the tremendous opportunities for high-grade underdeveloped mines in California."

About Bullion River Gold Corp.: Bullion River Gold Corp. is an American-based mineral exploration company focusing on regions containing gold-silver deposits predominantly located in the Western United States. The company has seven properties, five of which are located in Nevada. Three of the Nevada properties are considered advanced projects and two are considered grassroots projects. The two remaining properties are in California. Both of these properties are past producers.

For more information, contact Leann Pinguelo, Investor Relations at Bullion River Gold Corp. at (800) 540-BLRV (2578) or at leann@bullionriver.com or visit the Company's website at www.bullionriver.com or the U.S. Securities & Exchange Commission's website at www.sec.gov/ to review Bullion River's latest filings.

This release contains certain statements that are "forward-looking" statements (as the term is defined in the Private Securities Litigation Reform Act of 1995) including statements regarding SEC approval and the sufficiency of the funds raised. Any such forward-looking statements are inherently speculative and are based on currently available information, operating plans and projections about future expectations and trends. As such, they are subject to numerous risks and uncertainties, such as general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations, and other factors over which Bullion River Gold Corp. may have little or no control. Actual results and performance may be significantly different from expectations or trends expressed or implied by such forward-looking statements. Bullion River Gold Corp. expressly disclaims any obligation to update the statements contained in this release.



Bullion River Gold Corp. (OTC Bulletin Board:BLRV)

Quelle: BUSINESS WIRE





Cu
Röckefäller

- Aufschluss der Lagerstätte durch Altbergbau (Kenntnis über Aufbau der Lagerstätte)
- Aufbereitungsausbringen von >95 % (d.h. mehr als 95% Des Goldes kann aus dem Erz gewonnen werden) und zwar lediglich durch Flotation (keine Zyanidlaugerei)!! Das ist wichtig hinsichtlich der rigiden Umweltschutzauflagen des Staates Kalifornien. Es ist somit keine Einschränkung des Bergbaus von behördlicher Seite zu erwarten.
- "krisenfeste" Region
- Goldpreis weit höher als kalkulierter Verkaufserlös pro Unze (~400 US$)
Wer die Nachrichten der Firma das letzte Jahr über verfolgt hat, konnte feststellen, dass der Zeitplan wegen diverser Probleme nicht eingehalten werden konnte. Ursprünglich sollte der Produktionsbeginn bereits 2005 sein. Auch wurde der geplante Ausstoß für 2006 zweimal nach unten korrigiert. Grund genug, mit dem Aktienkauf bis kurz vor Produktionsbeginn zu warten.
Ich denke der zeitpunkt ist jetzt gekommen. Zudem ist die Aktie im Vergleich zu anderen Bergbaufirmen absolut unterbewerte und auch noch kaum bekannt.