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Bonanza Goldfields Corp. to Add Two Key Mines to Golden Gem Project
Bonanza Goldfields Corp. to Add Two Key Mines to Golden Gem Project.
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[{"type":"text","content":"\n\n\n\nBonanza Goldfields Corp. to Add Two Key Mines to Golden Gem Project\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. to Add Two Key Mines to Golden Gem Project\nPR Newswire\nLAS VEGAS, Sept. 12, 2017\n\n\n\nLAS VEGAS, Sept. 12, 2017 /PRNewswire/ -- Bonanza Goldfields Corp. (OTC PINK: BONZ) has entered into an agreement with Middle Verde Development Co., LLC to add the Idaho and Broken Hills patented mining claims to its Golden Gem Project.  The Golden Gem Mine, located 10 miles north of Kingman, Arizona, adjoins the Idaho and Broken Hills Mines.  \n\nThe Idaho and Broken Hills claims only recently became available when Middle Verde (a related party) acquired these claims in a land exchange with an unrelated party.\n\nAn early BONZ exploration objective at Golden Gem is the eleven (11) reported veins distributed over a 500-foot distance southwest of the main Golden Gem mine shaft.  This area of interest continues onto the Idaho and Broken Hills claims, which BONZ intends to evaluate for bulk gold and silver potential as a possible future open pit mine.\n\nBONZ expects that the addition of Idaho and Broken Hills, together with other pending corporate transactions with Hondo Minerals and Middle Verde, will add critical mass to the Golden Gem Project.  Further expansion and consolidation of the Golden Gem land position is in progress and will be detailed in subsequent announcements as the transactions are completed.\n\nThe Golden Gem, Idaho and Broken Hills Mines are among a total of 12 mines in the BONZ Chloride portfolio.  Located on over 500 acres of private land, the other mines are (from north to south) the Badger, Hercules, Rambler, Payroll, Molly Gibson, Arizona & Montana (A&M), Towne, Summit and Daisy Twins Mines.  There is also land for a mineral processing facility on the Terminal Millsite, which is adjacent to the Molly Gibson and A&M Mines.  The BONZ assay office is located on Tennessee Avenue in the Town of Chloride.\n\nAbout Bonanza Goldfields Corp.: BONZ is a Las Vegas–based m...