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Bullion River Gold Corp. Breaks Ground at French Gulch Mine Tuesday December 6, 9:00 am ET
RENO, Nev.--(BUSINESS WIRE)--Dec. 6, 2005--Bullion River Gold Corp. (OTCBB:BLRV - News) has broken ground to open the portal and drive the underground decline access tunnel. This will serve as the main production access. The company has commenced work in order to gain access to the area that the company identified for test mining from the drilling program that was completed in the first half of this year. Once the portal is set and secured the company will continue through to the bedrock with drilling and blasting until ample access to the veins has been reached. Once the test mining and onsite milling has been completed and evaluated a decision to go to production will be made. This decision should occur at the end of the first quarter of 2006. Based on current drill results the company anticipates production of 60,000 ounces in 2006. This will be accomplished utilizing the 220 ton per day mill that uses gravity and flotation methods only. ADVERTISEMENT
As an overall growth plan and development strategy for French Gulch, Bullion River Gold Corp. continues to drill and explore other areas of the French Gulch property in order to plan expansion for mining and increase production significantly in 2007. The surface drilling that begun on November 28 is the beginning of that expansion work at French Gulch.
Peter M. Kuhn, President of Bullion River Gold Corp. states: "We are very pleased with the progress we are making on our French Gulch property. After putting production bonds in place and preparing the new decline area for excavation, our crews are getting into the ground for this new decline, which will access the already drilled Lucky 7, #2, Santa Maria and Washington veins. These systems will be tested first, and, when successfully completed, provide the first gold production in 2006. In addition, this decline will allow underground access to the extensions of the known ore shoots to the west and the highly prospective Niagara vein system. Our goal is to expand the production volume to more than 100,000 ounces in 2007."
About Bullion River Gold Corp.: Bullion River Gold Corp. is an American based mineral exploration company focusing on regions containing gold-silver deposits predominantly located in the Western United States. The company presently has seven properties of which five are located in Nevada. Three of these properties are considered advanced projects and two are considered grassroots projects. The two remaining properties are in California. Both of these properties are past producers.
For more information, contact Leann Pinguelo, Investor Relations at Bullion River Gold Corp. at (800) 540-BLRV (2578) or at leann*bullionriver.com or visit the Company's website at www.bullionriver.com or the U.S. Securities & Exchange Commission's website at www.sec.gov/ to review Bullion River's latest filings.
This release contains certain statements that are "forward-looking" statements (as the term is defined in the Private Securities Litigation Reform Act of 1995) including statements regarding SEC approval and the sufficiency of the funds raised. Any such forward-looking statements are inherently speculative and are based on currently available information, operating plans and projections about future expectations and trends. As such, they are subject to numerous risks and uncertainties, such as general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations, and other factors over which Bullion River Gold Corp. may have little or no control. Actual results and performance may be significantly different from expectations or trends expressed or implied by such forward-looking statements. Bullion River Gold Corp. expressly disclaims any obligation to update the statements contained in this release. Bullion River Gold Corp. (OTC Bulletin Board:BLRV -
-------------------- Time will give you what you want! Posts: 253 | From: Pennsylvania | Registered: May 2005
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