Gold Bullion Development Corp. has released initial results from the most recent trenching activities at Granada. So far in 2015, three trenches have been completed in the area covering the smallest proposed pit located furthest west with channel sampling from the middle trench, TR15-11, returning 6.05 g/t Au over 8 m including 14.98 g/t Au over 3 m.
Since the beginning of the year, the Company has taken 103 samples, prepared, assayed and analyzed the material from two of the three trenches. The trenching program was designed to validate the existence and position of mineralized gold zones at surface over the most western pit with the advanced goal of characterizing and precisely locating the near surface high grades zones previously identified in drill holes GR-12-412 and GR-12-413. Digging parameters were established for the trenches located over the future pit at approximately two metres deep, four metres wide and eight metres in length. Results were obtained by excavation followed by blowing compressed air then channelling with a rock saw. Samples were then taken at 1-metre intervals prior to completing a DGPS survey. Based on the results, the Company will request a mining lease to the west to include this western extension into existing mining leases. Note: reported widths do not represent true widths as the zone dips at approximately 50degree to the north. The mineralized section is in disseminated pyrite in a sericite-silica alteration zone similar to that intersected in drill holes GR12-412 and GR12-413, with near-surface mineralization starting near surface at 4.5 metres in the latter hole.
