BFGC - NetworkNewsBreaks - Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) Announces Assay Results on 9 More Holes Drilled at Nevada Project
Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) today announced gold and silver assay results from nine more of the 25 holes recently drilled at its Bullfrog Project (“Project”). Among key highlights, the update reads, “Drilling continued to intercept thick intervals of gold mineralization in the Mystery Hill (MH) deposit. BH 20-6 intersected 110 meters averaging 0.41 g gold/t, including 26 meters of 0.91 g/t. BH-20-9 intersected 91 meters averaging 0.33 g/t and an upper interval of 6 meters averaging 0.53 at 23 meters. Most of the new intercepts are not in areas previously included in measured and indicated resource classifications.”
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About Bullfrog Gold Corp.
Bullfrog Gold Corp. is a Delaware corporation that controls the commanding land and mineral positions in the Bullfrog Mine area where Barrick produced 2.3 million ounces of gold by conventional milling beginning in 1989 and ending in 1999. Measured and indicated 43-101 compliant resources were estimated in mid-2017 by Tetra Tech Inc. at 525,000 ounces of gold, averaging 1.02 gold g/t in base case pit plans. Most of these resources are in the north extension to the Bullfrog pit. Inferred resources within these pit plans were estimated at 110,000 ounces of gold averaging 1.2 g/t. It is noted that the 3-year trailing average gold prices are now more than $160 higher than the $1,200 price used in the mid-2017 Canadian NI 43-101 resource estimates, which were also based on a heap leach gold recovery of 72% compared to the average 85% leach test recoveries recently achieved on four bulk samples. Additional technical and corporate information may be sourced at www.BullfrogGold.com.
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