Total
0
Shares
PHX Energy (TSX:PHX) increases its 2021 capital expenditure program
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Gold Bull Resources (GBRC) has observed visible gold in its reverse circulation (RC) drill chips at two drill holes that were completed at the Sandman Project's North Hill South Prospect in Nevada
  • 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 Resources is a gold-focused mineral exploration company that strives to generate and advance high-reward project acquisitions in regions with proven mineral wealth
  • Gold Bull Resources Corp. (GBRC) is up 2.27 per cent and is trading at $0.45 per share

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. 

More From The Market Herald
Battery Mineral Resources - Cobalt bloom in calcite vein from Bald Rock - The Market Herald Canada

" Battery Mineral Resources (TSXV:BMR) announces encouraging drill results from Punitaqui

Battery Mineral Resources (BMR) has received more results from ongoing exploration at the Punitaqui mine complex.
CanAlaska Uranium (TSXV:CVV) raises over $1M in first placement tranche

" Appia Energy (CSE:API) commences airborne radiometric surveys

Appia Energy (API) has started the first of two radiometric surveys on its uranium properties in the Athabasca Basin in northern Saskatchewan.
Provenance Gold (CSE:PAU) reports drilling has begun at White Rock

" Provenance Gold (CSE:PAU) announces results of 800-meter drill hole at White Rock

Provenance Gold (PAU) announced that a major step-out drill hole at the White Rock property intersected 117 metres of gold mineralization.