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Gold Bullion Announces Trenching Results with Highlights of 108.6 G/T Au on 1 M Channel
(via Thenewswire.ca) Rouyn-Noranda, Quebec / TNW-ACCESSWIRE / November 18, 2014 / Go...
About this update from Granada Gold Mine Inc.
[{"type":"text","content":"Gold Bullion Announces Trenching Results with Highlights of 108.6 G/T Au on 1 M Channel(via Thenewswire.ca)\n \n \nRouyn-Noranda, Quebec / TNW-ACCESSWIRE / November 18, 2014 / Gold Bullion Development Corp. (TSX.V: GBB) (OTCPINK: GBBFF) (the \"Company\" or \"Gold Bullion\") is pleased to report positive results from the channel sampling program within the context of the PFS on the \"Rolling Start\" at Granada as first disclosed May 6th, 2014. \n\n \n \nIn September 2014, six trenches were completed to the east of Pit 2A with each trench measuring 100 m long by 1.8 to 2.5 metres in width trending N 195?. The space between the trenches T14-1, T14-2, T14-3, T14-4 and T14-5 is 25 metres. Trench T14-6 is located 36 m east of Pit 2A. The conglomerate bedrock was uncovered with the majority of the work conducted as continuous channel sampling. The program was carried out by Technominex and supervised by L. Caron, Geo. GoldMinds Geoservices Inc.\n\n \n \nA total of 334 channel samples were assayed for Au by Accurassay Lab laboratory in Rouyn-Noranda with fire assay SAA/PCI method on 30 gram samples and by gravimetric method on 50 gram samples for those samples with more than 10g/t Au. QA/QC: samples were 1m long with a standard inserted every 20 samples, and a blank inserted every 40 samples.\n\n \n \nAll trenching took place subject to some related environmental constraints with respect to the area in focus including the volume of overburden allowance.\n\n \n \nThe gold mineralization is within the quartz veinlets through the syenite porphyry and the conglomerate of the Granada Formation in the Temiskaming Group. The conglomerate shows a chlorite alteration in the footwall of the mineralized zone that is rather sericitic and ankeritic inside the mineralized zone. Trenching work outlined the mineralization zones that were cut by the previous diamond drill holes and provided important information in terms of where to commence upcoming surface mining operations within the context of the PFS issued earlier in the year. This information will be included in the block model.\n\n \n \nIn trench T14-6, located 36 m to the east of the Pit 2A limit, two mineralized zones were outlined by the channel sampling. The first zone is from 18 to 23 m and returned 5.0 m @ 1.638 g/t Au while the second zone, between 28 and 32 meters returned 3.0 m @1.2 g/t...