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Bonanza Goldfields Corp. Mining Safety and Corporate Update; Releases geological reports on Hercules and Badger Mines
Bonanza Goldfields Corp. Mining Safety and Corporate Update; Releases geological reports on Hercules and Badger Mines.
About this update from Marvion Inc.
[{"type":"text","content":"\n\n\n\nBonanza Goldfields Corp. Mining Safety and Corporate Update; Releases geological reports on Hercules and Badger Mines\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nBonanza Goldfields Corp. Mining Safety and Corporate Update; Releases geological reports on Hercules and Badger Mines\nPR Newswire\nLAS VEGAS, Dec. 5, 2017\n\n\n\nLAS VEGAS, Dec. 5, 2017 /PRNewswire/ -- Bonanza Goldfields Corp. (OTC PINK: BONZ) continues to implement safety measures as a top priority.  Altogether, protective fencing has been installed at over a dozen Arizona mine shafts, including recent work at the Towne, Montana & Arizona (M&A), Molly Gibson, Golden Gem and Idaho Mines.  \n\nRepurchase of Chloride Headquarters Building.  The Bauman Family has reacquired the former Hondo Minerals headquarters building on Tennessee Avenue in Chloride, Arizona.  This building was sold to an unrelated party in 2016 to raise funds to meet Hondo operating expenses.  The headquarters building is adjacent to the company's assay lab.  In addition to the office building, there is also a garage attached to the assay lab for storage of mining equipment.  These facilities will be available for the use of both Bonanza Goldfields and Hondo Minerals.  \n\nBalance Sheet Cleanup.  Bonanza Goldfields has entered into an agreement with an investment banker to act as placement agent for a planned 3a10 debt exchange facility.  The Company's authorized shares of common stock are in the process of being increased to 2 billion to accommodate this program, as well as for other corporate purposes.\n\nReorganization of Congress, Arizona Project.  The Company renewed for 2018 its eight (8) unpatented BLM mining claims containing the Piedmont mine and the northwest extension of the Golden Wave vein.   Additional claims are being staked and more detail will be provided by the Company once this is completed and processed by the US Bureau of Land Management (BLM). \n\nReport on Hercules and Badger Mines, Chloride, Arizona\n\nBONZ has posted historical geologi...