Gold Bullion Development (GBB, TSX-V) delivered an absolutely stellar result this morning from the LONG Bars Zone Eastern Extension, the type of hole that goes a long way toward making an open-pit mine…Hole #55, collared 88 metres northwest of Phase 1 Discovery Hole #17, returned a terrific near-surface result – the total intersection was a whopping 356.60 metres grading 0.60 g/t Au…within that, there was a 153-metre interval grading 1.36 g/t Au, a 116-metre section grading 1.69 g/t Au, and a 40.5-metre intersection of 4.05 g/t Au…the hole was drilled at an angle of 65 degrees to a vertical depth of 175 metres (possibly very close to true thickness), entirely within the depth parameters GBB is looking at for a potential open-pit operation…we know from the company’s September news release that there are holes around #55 that had very good visuals and have not yet been reported – that’s also the case with other holes throughout the Eastern Extension and the Preliminary Block Model…in a very unusual development, BMR contacted GBB President and CEO Frank Basa a short time ago and Basa declined (politely) our request for an interview today…he said he was extremely pleased with the results and is eagerly anticipating more assays this month…he stated he would like to do an interview next week, and did not elaborate further…we can only conclude, based on Basa’s refusal to do an interview today when he has such good news to tell, that he’s holding some aces in his hand (or expects to) and will lay those down on the table in the very near future…the final 8 weeks of the year are likely going to be incredibly interesting for GBB…a total of 147 holes are yet to be reported…the potential for a multi-million ounce near-surface Gold deposit at Granada is more possible than ever…
