Gold and Mining Stocks; YALE (TSX-V: YLL) Identifies Two Geochemical Anomalies at Apache

September 27, 2011 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL and Frankfurt: YAB) is pleased to report that ongoing field work at the Apache Property has identified two strong multi-element soil geochemistry anomalies that coincide with historic workings. This shows the potential for mineralization to continue under overburden cover. The wholly owned 400 hectare Apache Property is located approximately 150 kilometres north of Hermosillo, Sonora State, and is approximately 30 km west of Timmins Gold�s San Francisco Mine. The central mineralized zone at Apache is defined by multiple historic workings centred on southwest trending veins and contact zones hosted in altered metasediments.

Recent work at Apache concentrated on the flat area at south of the property where there is very little outcrop. A total of 536 soil samples were taken from a grid measuring 500 by 1,000 metres. The two most significant anomalies coincide with small historic workings surrounded by areas with sparse outcrop exposure. These results show the potential for mineralization to be encountered over a much more significant area covered by overburden.
The largest anomaly - that coincides with the Las Tortugas workings - measures approximately 300 metres by 200 metres with strong silver, copper, lead, zinc, mercury, and molybdenum values. This soil anomaly more than quadruples the size of the target area. Previous sampling at Las Tortugas (previously called Apache) returned the following results (see news release dated Dec. 30, 2010):
During the collection of the soil samples a new historic working - La Cazcabel - was encountered. This new mineralization coincides with the second multi-element anomaly. The La Cazcabel anomaly measures approximately 200 by 75 metres however, it is open to both the north and west as the anomaly extends off of the northwest corner of the soil grid. The La Cazcabel anomaly is strong in gold, lead and zinc with moderate silver, mercury and molybdenum values.
Ongoing work at Apache will augment the size of the soil grid in addition to detailed sampling of the new workings and trenching the core of the soil anomalies.
About Yale Resources:
Yale Resources utilizes the project generator business model to maximize its exposure to discovery while minimizing shareholder risk. Yale currently has nine projects in its portfolio of which five are optioned out with commitments totalling approximately $1.3 M in expenditures during the next 12 months. At the same time Yale continues to work on its non-optioned properties as well as reviewing new projects.
Ian Foreman, P.Geo, is the Qualified Person, according to National Instrument 43-101, for the Urique Project and is responsible for the technical data mentioned in this news release.
On behalf of the Board,
"Ian Foreman"
Ian Foreman, P.Geo.
President
For additional information on Yale Resources please call the Company at             604-678-2531      .
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements in this press release, other than purely historical information, including statements relating to the Company�s future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
Contact:
Yale Resources Ltd.
Ian Foreman
            604-678-2531      

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Mining and Gold Stocks News; Lomiko (TSX-V: LMR; OTC: LMRMF) Results of Annual General Meeting and Board Meeting

Vancouver, BC - September 26, 2011 (Investorideas.com mining stocks newswire) � LOMIKO METALS INC. (TSX-V:LMR, OTC: LMRMF, Europe: ISIN: CA54163Q1028, WKN: A0Q9W7) (the "Company") is pleased to announce the results of its recently held Annual General Meeting of the Shareholders (the "Meeting') on September 23rd, 2011 at Computershare Investor Services Inc., 510 Burrard Street, Vancouver BC, V6C 3B9.

At the Meeting, the shareholders re-elected to the Board of Directors, A. Paul Gill, Jacqueline Michael, Garth Kirkham, Julius Galik and Mark T. Nesbitt.
In addition, the shareholders approved the other matters put before the Meeting, including the re-appointment of Galloway, Botteselle & Company, CGA, as the Company's auditor and the re-approval of the Company's Stock Option Plan
At the first meeting of the newly constituted Board of Directors held immediately after the Meeting, A. Paul Gill was elected to serve as President and Chief Executive Officer and Jacqueline Michael as Chief Financial Officer until the next annual general meeting of the Company. The Board also elected Julius Galik, Mark T. Nesbitt and Jacqueline Michael to serve as the Company's Audit Committee.
For more information, review the website at www.lomiko.com, contact Paul Gill at             604-729-5312       or email: info@lomiko.com
On behalf of Lomiko Metals Inc,
A. Paul Gill, President & CEO
We seek safe harbor. This press release has been prepared by management. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release
Contact:
            647-607-6023      
Bay Street Connect
info@lomiko.com
Lomiko Metals Inc.
www.lomiko.com

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Mining and Gold Stocks; Gold Bullion Development Corp. (TSX-V: GBB) advises shareholders that Castle Silver Mines Inc. preliminary prospectus is available on SEDAR

VANCOUVER - September 20, 2011 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) wishes to advise its shareholders that the preliminary prospectus dated September 16, 2011 of its wholly-owned subsidiary Castle Silver Mines Inc. is now available under Castle Silver Mines' company profile on SEDAR at www.sedar.com. As previously announced, the prospectus is intended to qualify the distribution by Gold Bullion of an aggregate of approximately 1,950,000 common shares of Castle Silver Mines to all shareholders of Gold Bullion by way of dividend in kind.

All Gold Bullion shareholders will receive one common share of Castle Silver Mines for approximately every 85 issued and outstanding Gold Bullion shares on the distribution record date. The distribution record date will be set by the Board of Directors of Gold Bullion in accordance with the policies of the TSX Venture Exchange, at which time Gold Bullion will issue a press release announcing the record date and the final distribution ratio.
The preliminary prospectus provides all details regarding the "spin-out" of Castle Silver Mines. Gold Bullion recommends that its shareholders review the prospectus carefully.
The distribution by Gold Bullion of the shares of Castle Silver Mines is subject to regulatory approval, including that of the TSX Venture Exchange.
About Castle Silver Mines Inc.
Castle Silver Mines Inc. was incorporated in March 2011 as a wholly-owned subsidiary of Gold Bullion, for the purpose of taking over the silver assets and exploration activities currently carried on by Gold Bullion, so that Gold Bullion can devote itself solely to exploration for gold. Prior to the distribution record date, Castle Silver Mines Inc. will acquire the Castle Silver Mine property in Gowganda, Ontario from Gold Bullion, which comprises Gold Bullion's sole silver exploration property. After such transfer, Gold Bullion does not intend to be directly involved in silver exploration. Castle Silver Mines may acquire additional interests in silver exploration properties in the future.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Qu�bec, and its Castle Silver Mine property in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSXV:GBB.V) (Other OTC:GBBFF.PK), visit our web site: http://www.GoldBullionDevelopmentCorp.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

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Gold Stocks; Gold Bullion Development Corp. (TSX-V: GBB) announces filing of preliminary prospectus for "spin-out" and initial public offering by Castle Silver Mines Inc.

VANCOUVER - September 19, 2011 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) announces that Castle Silver Mines Inc., a wholly-owned subsidiary of Gold Bullion, has filed a preliminary prospectus with the securities commissions of each of the provinces of Canada in connection with an initial public offering, and a secondary offering to the shareholders of Gold Bullion of shares of Castle Silver Mines by way of dividend in kind.

Initial Public Offering
Castle Silver Mines is effecting an initial public offering of 4,750,000 "flow-through" units at a price of $0.40 per unit, and a minimum of 3 million and a maximum of 5 million common share units at a price of $0.30 per unit, for maximum gross proceeds to Castle Silver Mines of $3.4 million. Each "flow-through" unit will consist of one common share of Castle Silver Mines and one-half of a common share purchase warrant. Each common share unit will consist of one common share of Castle Silver Mines and one common share purchase warrant. Each full warrant will entitle its holder to acquire one additional common share of Castle Silver Mines at a price of $0.50 for a period of 18 months.
The proceeds from the initial public offering will be used by Castle Silver Mines for exploration work on its Castle Silver Mine property, future property acquisitions and for working capital and general corporate purposes. A description of the recommended exploration program for the Castle Silver Mine property is summarized in the prospectus, which will be available under Castle Silver Mines' company profile on SEDAR at www.sedar.com.
Industrial Alliance Securities Inc. is acting as agent for the initial public offering on a "best-efforts" basis. Castle Silver Mines will grant Industrial Alliance Securities an option to offer up to 750,000 additional common share units and up to 712,500 additional "flow-through" units, representing 15% of the number of units offered, to cover over-allotments, if any. The over-allotment option may be exercised at the offering prices for a period of 30 days from the date of closing of the offering. If Industrial Alliance Securities exercises the over-allotment option in full after a maximum offering, the total gross proceeds of the offering will be $3,910,000.
"Spin-Out" to Shareholders of Gold Bullion
Concurrently with the initial public offering, Gold Bullion Development Corp., the sole shareholder of Castle Silver Mines, will distribute an aggregate of approximately 1,950,000 common shares of Castle Silver Mines to the shareholders of Gold Bullion resident in Canada , by way of dividend in kind. Gold Bullion shareholders will receive one common share of Castle Silver Mines for approximately every 85 issued and outstanding Gold Bullion shares on the distribution record date. The record date for the distribution of the Castle Silver Mines shares will be set by the Board of Directors of Gold Bullion in accordance with the policies of the TSX Venture Exchange. Gold Bullion will issue a press release announcing the record date and the distribution ratio. Gold Bullion will retain approximately 7.8 million shares of Castle Silver Mines.
In the event of an initial public offering by Castle Silver Mines in a maximum amount of $3.4 million, investors in the initial public offering will hold 50% of the outstanding shares of Castle Silver Mines, Gold Bullion will hold 40% of the outstanding shares, and the shareholders of Gold Bullion will hold in the aggregate 10% of the outstanding shares.
Castle Silver Mines
Castle Silver Mines Inc. was incorporated in March 2011 as a wholly-owned subsidiary of Gold Bullion, for the purpose of taking over the silver assets and exploration activities currently carried on by Gold Bullion, so that Gold Bullion can devote itself solely to exploration for gold. Prior to the distribution record date, Castle Silver Mines Inc. will acquire the Castle Silver Mine property in Gowganda, Ontario from Gold Bullion, which comprises Gold Bullion's sole silver exploration property. After such transfer, Gold Bullion does not intend to be directly involved in silver exploration. Castle Silver Mines may acquire additional interests in silver exploration properties in the future.
The initial public offering by Castle Silver Mines and the distribution by Gold Bullion of approximately 1,950,000 Castle Silver Mines common shares to the shareholders of Gold Bullion are subject to regulatory approval, including that of the TSX Venture Exchange.
Castle Gold Mines' common shares have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S registration or an applicable exemption from U.S. registration requirements.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Qu�bec, and its Castle Silver Mine property in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSXV:GBB.V) (Other OTC:GBBFF.PK), visit our web site: http://www.GoldBullionDevelopmentCorp.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

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Wednesday's Iron Ore Stocks Trading Snapshot; (NYSE: RIO), (OTC: TRKP), (LSE: FXPO), (NASDAQ:STLD)

Point Roberts WA - September 15, 2011 (Investorideas.com Mining Newswire) � www.Investorideas.com, a leader in sector research for investors including mining and resource stocks, issues a trading alert for iron ore stocks.

Rio Tinto (NYSE: RIO) announced that they are planning to spend $833 million ($A813.0 million) on power and fuel infrastructure to boost its iron ore production in Western Australia's Pilbara region.
The investment is part of a five-year program mentioned in 2010 to enhance the mining giant's production capacity in the region by 50% to 333 million tonnes per annum (Mtpa) by the first half of 2015.
TurkPower Corporation (OTC: TRKP) shares jumped 10.53% to $0.21. TurkPower Corporation is a Turkish-American junior mining company. The Company focuses on buying controlling ownership in an operational iron ore mine and several mining projects under development.
FERREXPO (LSE: FXPO.L) closed with a gain of 8.70 (2.36%) to $376.90. The stock has 52-week range of $242.90-$568.33.
United States Steel Corporation (NYSE:X) moved up 0.86% to $28.04
Pacific Iron Ore Corp. (CVE: POC) ended the day with a gain of 0.060 (31.58%) at $0.25 on bounce back.
Steel Dynamics, Inc. (NASDAQ:STLD) ended the day higher by 0.34 (2.95%) to $11.88.
AK Steel Holding Corporation (NYSE:AKS) surged 0.20 (2.38%) to close at 8.59.
Showcase Iron Ore Stock:
TurkPower Corporation (OTCBB:TRKP) is a Turkish-American junior mining company that is acquiring controlling ownership in an operational iron ore mine and several mining projects under development in Turkey. TurkPower's sole focus is on the booming Turkish mining industry, where it aims to become a leader in developing, operating and owning base metal mines by acquiring and consolidating operational mines with proven reserves, utilizing economies of scale to increase returns as well as developing new mining assets. TurkPower's board of directors, management team and employees have extensive experience and relations in the Turkish mining industry, as well as ongoing relations with the relevant government agencies, allowing TurkPower to participate in the major opportunities currently developing in Turkey.
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Disclaimer/ Disclosure: The following news is paid for and /or published as information only for our readers. TRKP is a paid advertising client ( three thousand five hundred per month, 150,000 144 shares) Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of principal .This site is currently compensated by featured companies, news submissions and online advertising.
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Mining and Gold Stocks; Gold Bullion (TSX-V: GBB) Provides Update on its Phase 3 Drill Program

VANCOUVER - September 14, 2011 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) ("Gold Bullion") is pleased to announce additional drill results from its Granada Property, located along the Cadillac trend in Northwestern Quebec , 5 km south of the city of Rouyn-Noranda. The continually-expanding mineralized area remains open in all directions and at depth. Highlights of the most recent assay results include:

Hole GR-11-256 - 98.00 metres grading 1.21 grams per tonne Au
  Including - 29.50 metres grading 2.34 grams per tonne Au
Hole GR-10-189 - 220.30 metres grading 0.41 grams per tonne Au
  Including - 70.90 metres grading 1.06 grams per tonne Au
Hole GR-10-178 - 183.50 metres grading 0.50 grams per tonne Au
  Including - 45.50 metres grading 1.12 grams per tonne Au
Drilling at the Granada Property continues with 2 drill rigs on a 24 hours a day/7 days a week schedule, The present mineralized zone now covers an area of 1.2 kilometres along strike and is up to 0.5 kilometres wide.
The following table highlights significant intervals, calculated by Gold Bullion, in the most recent results received:
The following 4 holes did not have significant intervals and are therefore not included in the above table: GR-10-57, GR-10-135, GR-10-158 and GR-11-222.
Widths reported in the preceding table are drill widths; true widths are unknown at this time. Assays are uncut, length-weighted average values. Lost core within mineralized intersections were incorporated as blank intervals and assigned a 0.0 g/t grade in all length-weighted calculations.
Gold Bullion's NQ drill program and drill core sampling, including the quality assurance/quality control program, are supervised by Ms. Nicole Rioux , P. Geo. of GENIVAR, Gold Bullion's geological consultant. Nicole Rioux is GENIVAR's senior geologist and a member of the Ordre des g�ologues du Qu�bec and a "qualified" person in accordance with National Instrument 43-101.
Core from the above holes was sent to ALS Chemex Labs in Val d'Or, Quebec , and Accurassay Laboratory in Timmins, Ontario, for analysis. Gold was assayed by fire assay with additional pulp and metallics analysis done on samples where visible gold was identified. Analytical accuracy and precision are monitored by the analysis of reagent blanks and reference materials at both labs. Quality control is further assured by the insertion of blind certified standard reference material and blanks into the sample stream at regular intervals by Gold Bullion and GENIVAR personnel in order to independently assess analytical accuracy.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture listed junior natural resource company focusing on the exploration and development of its Granada Gold Property near Rouyn-Noranda, Quebec, and its high grade Castle Silver Mine in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSX-V: GBB, OTC PK: GBBFF), visit our web site: http://www.GoldBullionDevelopmentCorp.com
"Frank J. Basa"
Frank J. Basa, P.Eng.
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

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Gold and Mining Stocks; YALE (TSX-V: YLL) TO OPTION OUT THE URIQUE PROPERTY -FIVE PROJECTS NOW UNDER OPTION

September 14, 2011 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL and Frankfurt: YAB) is pleased to report that it has signed and formalized an Option Agreement with Mammoth Capital Corp. – a Capital Pool Company – for Yale’s wholly owned Urique Property located in Chihuahua State, Mexico.

Under the terms of the Option Agreement, in order to earn a 70% interest in the property Mammoth will be required to pay Yale $50,000 ($25,000 received), issue to Yale 1,800,000 shares in Mammoth, and incur a total of $3,000,000 in exploration expenditures on the Property over a four year period.
Mammoth must issue 200,000 common shares upon receipt of Exchange approval to the proposed qualifying transaction and must issue a further 100,000 shares within 6 months of such approval. Subsequent share issuances of 300,000 at the 12 month anniversary and 400,000 on each subsequent anniversary will also be due in order to keep the Option Agreement in good standing. The first year’s requirement will be $300,000 in exploration expenditures followed by a further $500,000 in the following year, $800,000 in the third year and $1,400,000 in the final year of the Option Agreement.
In order to earn the remaining 30% interest in the Property, Mammoth must issue an additional 500,000 common shares to Yale and must have completed a resource estimate on the Property delineating at least 300,000 equivalent ounces of gold in the measured and indicated categories within an additional three years. Upon completion of the resource estimation Mammoth would then be required to issue an additional share for each equivalent ounce of gold within the measured and indicated categories, subject to a minimum of 300,000 shares and a maximum of 2,000,000 shares.
"This is a great deal for the Company and Yale’s shareholders as Mammoth will build on Yale’s previous success at Urique. Continued success at Urique will allow Yale to become a significant shareholder in Mammoth and leverage the upside potential of the property”, stated Ian Foreman, P.Geo., president of Yale.
If Mammoth elects not to proceed to earn the remaining 30% interest in the Property, the parties will form a 70-30 joint venture and will contribute to further exploration in accordance with their respective joint venture interest.
Yale will be the operator for the project during at least the first year of the Agreement and as such will charge Mammoth a management fee for all work performed on the Property.
About Yale Resources:
Yale Resources utilizes the project generator business model to maximize its exposure to discovery while minimizing shareholder risk. Yale currently has nine projects in its portfolio of which five are optioned out with commitments totalling approximately $1.3 M in expenditures during the next 12 months. At the same time Yale continues to work on its non-optioned properties as well as reviewing new projects.
Ian Foreman, P.Geo, is the Qualified Person, according to National Instrument 43-101, for the Urique Project and is responsible for the technical data mentioned in this news release.
On behalf of the Board,
"Ian Foreman"
Ian Foreman, P.Geo.
President
For additional information on Yale Resources please call the Company at 604-678-2531.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements in this press release, other than purely historical information, including statements relating to the Company’s future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
Contact:
Yale Resources Ltd.
Ian Foreman
604-678-2531

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Monday's TSX Gold Stocks Trading Snapshot; VGZ, PLG, ORE, GBB, YLL

POINT ROBERTS - September 13, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, including gold and mining stocks reports on TSX gold stocks trading for Monday September 12th. Gold closed up at $1,826.50 +16.60 +0.92%.

Vista Gold Corporation (VGZ.TO) was the top percentage gainers, closing at $4.37, up 0.69 (18.75%). The company announced last week the results of a new mineral resource estimate for the Batman deposit at the Company's Mt. Todd gold project in Northern Territory, Australia. The new mineral resource estimate includes all previous drilling information plus the results from the 2010-2011 drilling program, which were previously announced by the Company on June 27, 2011. The total mineral resource estimate for the Batman deposit is now 5.98 million ounces of measured and indicated mineral resources) and 2.61 million ounces of inferred mineral resources.
Gold Bullion Development Corporation (GBB.V) closed at 0.345, down 0.01 (2.82%). The company recently reported in late August that it has completed 6,842 m in 12 holes of diamond drilling in its first drill campaign on the Castle Silver property historic past-producing silver mine property located 85 kilometres northwest of the historic silver camp in Cobalt, Ontario.
PILOT GOLD INC (PLG.TO) closed at $2.31, up 0.13 (5.96%). The company reported last week, a new bulk tonnage style gold discovery in northeastern Elko County, Nevada. The first five holes ever drilled on the Company's 100% owned Viper Project have intersected widespread, sediment hosted, oxide gold and silver mineralization starting at surface.
Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB) closed at $0.045.
In a recent interview, Ian Foreman, President, noted “Yale has 9 projects in Mexico. We concentrate in northwestern Mexico in the mining friendly jurisdictions of Sonora and Chihuahua. We have gold, silver and base metal projects and we currently have four projects optioned out. I am always working to add to that and am confident that we will have an additional two properties optioned out before the end of the year.
It is going to be a very busy fall/winter for us as many projects will be worked on and we anticipate that we’ll have a couple of our properties drilled as well.”
Orezone Gold Corporation (ORE.TO) closed up at $ 3.75, up 0.18 (5.04%)
The company announced additional positive drill results from an ongoing 170,000 m infill and expansion drill program at its 100% owned Bombore Gold Project in Burkina Faso, West Africa. Results include 234 reverse circulation (RC) holes (11,942 m) and 43 core holes (6,979 m) from the northern and southern portions of the 11 km long Bombore resource.
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Wednesday's Iron Ore Stocks Trading; (OTC: TRKP), (ASX: MLM), (ASX: FMS), (TSX.VGPG)

Point Roberts WA - September 8, 2011 (Investorideas.com Mining Newswire) – www.Investorideas.com, a leader in sector research for investors including mining and resource stocks, issues a trading alert for iron ore stocks for trading September 7th.

Recent commentary published on Investorideas.com from the Gold Report tells how one expert is very bullish on iron ore.Excerpt; “Dundee Capital Markets in Toronto, has some rather bullish forecasts for iron ore and copper prices… Dundee pushed up its price for iron ore by 24%, to $182/ton, in 2011.” Full article:
http://www.investorideas.com/news/2011/mining/09011.asp
TurkPower Corporation (OTCBB: TRKP) shares ended flat at $0.23. TurkPower's sole focus is on the booming Turkish mining industry, where it aims to become a leader in developing, operating and owning base metal mines, by acquiring and consolidating operational mines with proven reserves, utilizing economies of scale to increase returns as well as developing new mining assets.
Metallica Minerals Limited (ASX: MLM) surged 0.015 (3.70%) to $0.420 with more than 485K shares traded hands. Yesterday, the company said that its 45% owned associate, MetroCoal Limited, has announced a $24 million share subscription and investment agreement at a 75 cents per share issue price.
Flinders Mines Limited (ASX: FMS) ended higher by 0.010 (6.45%) to $0.165 on a hefty volume of 20.07 million shares. Flinders Mines Limited is an Australia-based mineral exploration company. The Company’s main focus is on iron ore in the Pilbara region of Western Australia, with diamond and phosphate exploration in South Australia and Northern Territory. It has access to 30, 000 square kilometers of prospective tenements throughout Australia.
GRANDE PORTAGE RESOURCES LTD. (TSX.V: GPG) surged 0.035 (14.00%) to $0.285. Today announced that additional high-grade gold samples have been intercepted in a 2011 core drilling program by Grande Portage Resources Ltd., its partner and operator at the Herbert Glacier gold project located near Juneau, Alaska.
Ferrexpo Plc (LON: FXPO) surged 8.44% to $3.83.
Cliffs Natural Resources Inc (NYSE:CLF) ended the day with a gain 6.26 (8.32%) at $81.46.
Showcase Iron Ore Stock:
TurkPower Corporation (OTCBB:TRKP) is a Turkish-American junior mining company that is acquiring controlling ownership in an operational iron ore mine and several mining projects under development in Turkey. TurkPower's sole focus is on the booming Turkish mining industry, where it aims to become a leader in developing, operating and owning base metal mines by acquiring and consolidating operational mines with proven reserves, utilizing economies of scale to increase returns as well as developing new mining assets. TurkPower's board of directors, management team and employees have extensive experience and relations in the Turkish mining industry, as well as ongoing relations with the relevant government agencies, allowing TurkPower to participate in the major opportunities currently developing in Turkey.
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Disclaimer/ Disclosure: The following news is paid for and /or published as information only for our readers. TRKP is a paid advertising client ( three thousand five hundred per month, 150,000 144 shares) Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of principal .This site is currently compensated by featured companies, news submissions and online advertising.
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Gold and Mining Stocks Alert: ABX, NG, AZK, MDW, VGW

POINT ROBERTS - September 7, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, including gold and mining stocks reports on trading in junior and leading gold mining stocks for Sep. 06th.

Gold Stocks Trading Snapshot - Sept 6

• Barrick Gold Corporation (USA) (NYSE:ABX) ended higher by 1.36% at $53.59.
• NovaGold Resources Inc. (USA) (AMEX:NG) ended with gains of 2.84% to $11.22.
• Aurizon Mines Ltd. (USA) (AMEX:AZK) surged 0.06 (0.91%) to $6.62.
• Midway Gold Corp. (AMEX:MDW) added 0.06 (2.27%) to $2.70.
• Allied Nevada Gold Corp. (AMEX:ANV) closed with a gain of 1.10 (2.52%) to $44.80 and made a new 52-week high of $45.46.
• Vista Gold Corp. (AMEX:VGZ) climbed 0.43 (12.01%) to $4.01.

Barrick Gold Corporation (NYSE: ABX)(TSX: ABX) announced on the opening today that it has made two significant gold discoveries on the Company's 100%-owned Cortez property in Nevada(1). These two discoveries, known as Red Hill and Goldrush, are located on highly prospective ground, six kilometers southeast of the Cortez Hills mine and 24 kilometers southeast of the Pipeline mine. Based on the results of wide spaced drilling, the Company has outlined two zones of gold mineralization along a seven kilometer long trend. The mineralization is primarily hosted in a favorable carbonate unit and has a tabular geometry. The new discoveries are geologically similar in style to Barrick's Cortez Hills and Goldstrike mines. The majority of the mineralization intersected to date is refractory and occurs at depths between 150 and 500 meters.
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Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB)
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Yale Resources Yale Resources Ltd. is an exploration and development company building value utilizing the Project Generator business model. With its Mexican operations based out of Hermosillo, Sonora, Yale is utilizing its extensive Mexican network to identify, acquire and advance projects of merit. Yale's partners are scheduled to spend greater than $1,000,000 on exploration on the Company's properties over the next 12 months.
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Investorideas.com Newswire - The American Debt Crisis: Casey Research free webcast to provide investment survival tips

The American Debt Crisis: Casey Research free webcast to provide investment survival tips

September 6, 2011 (Investorideas.com Newswire) - 2011 may well be remembered as the year America went broke, inflation started climbing rapidly, and the investment landscape drastically shifted. The question that remains is how will regular investors protect themselves in this new economic reality?

Casey Research, a leading provider of mining, resource and political economic research with over three decades of experience in alternative investment strategies, recognizes that an American debt crisis is upon us, it's about to get worse, and it could in fact be the nation's downfall. In an effort to help investors take the critical steps needed to protect themselves now, Casey Research will be hosting a free video webcast designed to help participants understand what's really happening, how to survive it with their wealth intact, and how to potentially profit from it.

Free webcast details: The American Debt Crisis Wednesday September 14th, 2011 2 pm EST
To register for free go to http://www.americandebtcrisis.com/ ?ppref=IVI420NR0911A

During the webcast entitled The American Debt Crisis, Doug Casey and his team of economic and investing experts will give participants specific steps they can take to protect themselves, their savings and their investments through the crisis. Topics will include:
Simple steps that can be taken to move investors out of harm's way as the crisis escalates – whether it's a few thousand dollars or millions of dollars.

Easy, meticulously-selected investments to protect a portfolio from crisis, maintain purchasing power and even out-perform the market.

Unique and maybe surprising ways for participants to keep themselves, their family and their money outside of the reach of an increasingly desperate government as it takes drastic measures to protect itself.

The webcast will also include featured speakers:
Michael Maloney, CEO and Founder GoldSilver.com
John Mauldin, Best-Selling Author, Editor Outside the Box
Lew Rockwell, Founder and Chairman of the Ludwig von Mises Institute, Editor of LewRockwell.com

"With hundreds of billions of dollars being added to the debt every year, just paying the interest on the debt will soon become impossible," explained Casey's CEO Olivier Garret. "That will lead to dramatic increases in income taxes, entitlement cuts to programs like Medicare and Social Security, and financial markets that will fall into chaos, with government intervention the new norm."

The American Debt Crisis will be held at 2 pm EST on September 14th, 2011. Registration is free and available on a first-come first-served basis. To register, go to: http://www.americandebtcrisis.com/?ppref=IVI420NR0911A

About Casey Research
Casey Research is a leading independent provider of investment research with over three decades of heritage. With specialized expertise in energy, metals & mining, commodities and technology, Casey Research provides clients with in-depth analysis of investment opportunities in high-growth areas. Founded by legendary investor Doug Casey, the company carries on his tradition of unbiased research, hands-on analysis, deep industry expertise, and a talent for uncovering uniquely profitable investment opportunities. Casey Research's team of seasoned investors, economists, geologists, and analysts are dedicated to uncovering important market trends and providing the guidance and recommendations to profit from them. Find out more at www.caseyresearch.com.

Twitter: twitter.com/caseyresearch

Published at www.Investorideas.com - Global research by sectors

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Investorideas.com - Wednesday's Iron Ore Stocks Gainers; (OTCBB: TRKP), (TSE:ANX), (ASX: FMG), (ASX: IXR)

Wednesday’s Iron Ore Stocks Gainers; (OTCBB: TRKP), (TSE:ANX), (ASX: FMG), (ASX: IXR)

Point Roberts WA- Sept 1, 2011 (Investorideas.com Mining Newswire) – www.Investorideas.com, a leader in sector research for investors including mining and resource stocks, issues a trading alert for iron ore stocks, for trading August 31, 2011.

TurkPower Corporation (OTCBB: TRKP) shares gained 0.050 (27.78%) to $0.23. Recently, the company announced that it has retained EAS Advisors LLC ("EAS). EAS, a financial advisory firm in the commodity and mining space, will assist the Company with arranging and structuring financing to complete its purchase of 50.1% of the operational Kuluncak iron ore mine in Turkey.

Anaconda Mining Inc. (TSE:ANX) moved 0.010 (10.00%) to $0.110 with more than 1.16 million shares trading hands. Yesterday, the company said that the Fiscal fourth quarter saw significant improvement in circuit operation, particularly the solids/solutions separation. As a result, overall mill recovery climbed to the mid 70% range during April and May 2011, versus approximately 50% for the first three fiscal’s quarters of the year.

IMX Resources NL (ASX: IXR) ended higher by 0.04 (-10%) to $0.44. The company announced the appointment of Mr. Andrew Steers as Acting Chief Executive Officer with effect on September 1, 2011, following the resignation of Managing Director, Duncan McBain.

Fortescue Metals Group Limited (ASX: FMG) gained 0.10 (1.65%) to $6.15. Recently, Fortescue Metals Group Ltd advises the retirement of Mr Russell Scrimshaw from the Board of Directors. Mr Scrimshaw joined the Board as a founding Director in 2003. He leaves Fortescue to focus on his other Board and advisory roles, however, will continue to work with the company on a consulting basis.

Adriana Resources Inc. (CVE: ADI) added 0.01 (0.92%) to $1.10.

Altius Minerals Corporation (TSE:ALS) ended the day with a gain of 0.40 (3.89%) at $10.69.

Showcase Iron Ore Stock:
TurkPower Corporation (OTCBB:TRKP) is a Turkish-American junior mining company that is acquiring controlling ownership in an operational iron ore mine and several mining projects under development in Turkey. TurkPower's sole focus is on the booming Turkish mining industry, where it aims to become a leader in developing, operating and owning base metal mines by acquiring and consolidating operational mines with proven reserves, utilizing economies of scale to increase returns as well as developing new mining assets. TurkPower's board of directors, management team and employees have extensive experience and relations in the Turkish mining industry, as well as ongoing relations with the relevant government agencies, allowing TurkPower to participate in the major opportunities currently developing in Turkey.

Visit the company profile at Investorideas.com
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Disclaimer/ Disclosure: The following news is paid for and /or published as information only for our readers. TRKP is a paid advertising client ( three thousand five hundred per month, 150,000 144 shares) Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of principal .This site is currently compensated by featured companies, news submissions and online advertising.
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

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Monday’s TSX Top Ten Percentage Gainers; Northgate (NGX.TO) Makes Top Ten on Merger News

Monday’s TSX Top Ten Percentage Gainers; Northgate (NGX.TO) Makes Top Ten on Merger News

POINT ROBERTS, Aug. 30, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on the top ten percentage gainers on the TSX for August 29, 2011. The S&P TSX closed at 12,504.85 +177.34 +1.44%. Oil closed at 87.69 +0.42 +0.48%
and Gold ended at 1,786.80 -1.60 -0.09%.

Northgate Minerals Corporation (NGX.TO) made the top ten list closing at $ 3.93, up 0.83 (26.77%) on news of a merger with AuRico Gold Inc.

AuRico Gold Inc. (TSX: AUQ.to) (NYSE:AUQ) and Northgate Minerals Corporation (TSX: NGX.to) (NYSE-Amex:NXG) reported that they have entered into a definitive acquisition agreement to create a new leading intermediate gold producer. The new company will have 5 operating gold mines, a sixth mine targeting production in 2012 and 3 gold development projects in Mexico, Canada, and Australia, three of the top global mining jurisdictions. The combined company is completely unhedged and offers full exposure to record gold and silver prices and an exceptional growth profile from approximately 475,000[1] gold equivalent ("Aue") ounces[2] this year to 730,000+[3] Aue ounces in 2013 (growth of approximately 54%).

TSX TOP 10 % Gainers August 29th:
Symbol Close $ Change % Change Volume

TMB.WT 0.100 +0.050 +100.000 4,313
PCN 0.480 +0.170 +54.840 2,000
TCM.WT 0.400 +0.125 +45.450 196,000
CVZ.WT 0.100 +0.025 +33.330 45,000
CYM 0.090 +0.020 +28.570 46,000
COP 0.350 +0.075 +27.270 454,850
NGX 3.930 +0.830 +26.770 27,974,105
PDL.WT.B 0.100 +0.020 +25.000 17,000
XMF.A 0.250 +0.050 +25.000 500
PGM.WT 0.380 +0.070 +22.580 99,000
TX 0.305 +0.055 +22.000 19,600


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Investorideas.com - Mining Stocks; TurkPower Corporation (OTC.BB: TRKP) Retains New York Based Financial Advisory Firm EAS ADVISORS LLC

Investorideas.com - Mining Stocks; TurkPower Corporation (OTC.BB: TRKP) Retains New York Based Financial Advisory Firm EAS ADVISORS LLC

Mining Stocks; TurkPower Corporation (OTC.BB: TRKP) Retains New York Based Financial Advisory Firm EAS ADVISORS LLC

NEW YORK, NY - August 26, 2011 (Investorideas.com Mining stocks Newswire) - TurkPower Corporation (OTC.BB:TRKP) (the "Company") is pleased to announce it has retained EAS Advisors LLC ("EAS"), a company located at 785 Fifth Avenue, New York, NY, in the United States of America.

EAS, a financial advisory firm in the commodity and mining space, will provide a variety of equity capital market services including assisting the Company with arranging and structuring financing to complete its purchase of 50.1% of the operational Kuluncak iron ore mine in Turkey. EAS will also assist the Company in developing its mining industry presence through its vast network, research coverage, company publications, presentations and general corporate issues including future capital raising and debt financing.

Edward Sugar, Principal of EAS Advisors, stated: "We are very pleased to be working with TurkPower and what we believe is a great asset in the Kuluncak iron ore property. This project has been incredibly well documented by its previous owner, and while not considered a "world class" sized project, it is operational, highly profitable and a great mine for a junior mining company like TurkPower. We look forward to working with TurkPower and its management team on a long-term basis and believe the Company is in an excellent position to capitalize on the enormous opportunities in the undeveloped and highly fragmented Turkish mining industry."

About the Kuluncak Property
The Kuluncak iron ore mine is an open-pit mine, which can be operated from April/May to November and is expected to produce 550,000 metric tons of iron ore per season. According to a two-year feasibility study conducted in 2008 and 2009, the mine has estimated reserves of 20,900,000 metric tons for a net value of approximately $3bn based on current market price for 58 - 62%-grade iron ore. The feasibility study was conducted by one of the world's leading mining companies, which concluded: "The project offers great value for money if a small mine is what one is looking for." The mine has been operational since June 2011, and has more than 140,000 metric tons of iron ore in inventory which will be sold starting in August. The Company expects to sell a total of up to 220,000 tons of iron ore in 2011, and further increase production in the following years.

About TurkPower Corporation
TurkPower Corporation (OTC.BB:TRKP) is a Turkish-American consulting and service operations firm with a strong focus on the booming Turkish energy and mining industries. TurkPower offers its domestic and international clients consulting services and acts as a full service operator for wind, hydro, solar and coal power plants in Turkey. In addition to its energy business, TurkPower aims at becoming a substantial player in the Turkish mining industry by acquiring and consolidating operational mines with proven reserves, utilizing economies of scale to increase returns.

About Turkey
73m inhabitants
17th-largest economy in the world
2nd-fastest growing economy in the world
Member of NATO, OECD, OSCE and G-20
Classified as a democratic, secular and developed nation by the CIA

Turkey is an important player in the international minerals market due to its wealth of reserves, considerable production capacity and geographical advantages for transportation and shipping. Ranked 28th in global mining production, Turkey also ranks 10th in terms of variety and quantity of undeveloped minerals.
Turkey is the 2nd-fastest growing economy in the world, the 4th-largest shipbuilder, the 10th-largest steel-producing nation, a leading electronics manufacturer for Eastern Europe and the Middle East, and has recently surpassed Italy in terms of automobile production.

Safe Harbor Statement
The statements by our officers, and other statements regarding optimism related to the business, consulting, service operations, expanding exploration and development activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about the Company's business and subject to successful financing. Words such as expects, anticipates, intends, plans, believes, sees, estimates and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many risk factors that affect the industry the Company operates in and other risk factors listed from time to time in the Company's Securities and Exchange Commission (SEC) filings under "risk factors" and elsewhere.

Contact:
TurkPower Corporation 100 Park Avenue New York, New York 10017 T 212-984-0628 F 212-880-6499

TurkPower Corporation (OTC.BB: TRKP) is a showcase mining stock on Investorideas.com

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Disclosure: Investorideas.com is compensated by TurkPower Corporation: (OTC.BB:TRKP) May 18 2011 (6 months- 3500 per month 150,000 144 shares)

More Info:

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Investorideas.com - Legend International Holdings Inc. (OTCBB:LGDI) Announces Signing of Memorandum of Understanding with Alcoa of Australia Limited

Investorideas.com - Legend International Holdings Inc. (OTCBB:LGDI) Announces Signing of Memorandum of Understanding with Alcoa of Australia Limited

Legend International Holdings Inc. (OTCBB:LGDI) Announces Signing of Memorandum of Understanding with Alcoa of Australia Limited

Melbourne Australia - August 25, 2011 (Investorideas.com Mining stocks newswire) Legend International Holdings, Inc (Legend) (OTCBB:LGDI) is pleased to announce it has signed a Memorandum of Understanding with Alcoa of Australia Limited ("Alcoa") to investigate a potential offtake agreement.

The two companies have commenced preliminary discussions examining the viability of Legend supplying Alcoa with aluminium fluoride (AlF3) (produced at Legend’s proposed Paradise Phosphate project) and Alcoa supplying Legend with aluminium hydroxide (Al(OH)3) for the AlF3 production process.

Legend has previously announced positive and robust results from the feasibility study for Legend’s Paradise Phosphate Project conducted by Wengfu Group Ltd of China ("Wengfu"). The results of the feasibility study confirmed that development of the project is technically and economically viable. The feasibility studies covered two development scenarios with the production volumes:

1. 600ktpa MAP/DAP, 15ktpa Aluminium Fluoride
2. 1,200ktpa MAP/DAP, 30ktpa Aluminium Fluoride

Legend International is proposing to build either a 15ktpa or 30ktpa aluminium fluoride (AlF3) unit at the site of its proposed chemical plant. This unit will be based on the Buss ChemTech FSA/HF Process and will utilise fluoro-silicic acid (FSA) that will arise as a by-product in the manufacture of phosphoric acid which is used to produce MAP/DAP. This process requires a feedstock of Aluminium Hydroxide.

Aluminium fluoride is an important input into the aluminium smelting process. The estimated global aluminium fluoride consumption in 2009 was 819,000 tonnes. The projected growth in aluminium demand for the period 2010-2019 equates to a growth rate of 4.5% p.a. or an increase of 452,000 tonnes. The current demand for aluminium fluoride in Australia is approx. 30,000 tonnes which is typically sourced from China.

Alcoa currently operate two aluminium smelters in Victoria at Point Henry and Portland Aluminium.

More information about Alcoa of Australia can be found at www.alcoa.com.au

Forward-Looking Statements
Forward-looking statements in this press release are made pursuant to the "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forwardlooking statements involve risks and uncertainties including, without limitation, the risks of exploration and development stage projects, risks associated with environmental and other regulatory matters, mining risks and competition and the volatility of mineral prices. Actual results and timetables could vary significantly. Additional information about these and other factors that could affect the Company’s business is set forth in the Company’s fiscal 2010 Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.

For further information, please contact:
Mr. Joseph Gutnick Chief Executive Officer Legend International Holdings, Inc. Tel: +011 613 8532 2866 Fax: +011 613 8532 2805 E-mail: josephg@axisc.com.au

General Manager Business New York Office Legend International Holdings, Inc. Tel: (212) 223 0018 Fax: (212) 223 1169 E-mail: legendinfo@axisc.com.au

Visit this company: www.lgdi.net

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Investorideas.com - Gold Stocks; Gold Bullion (TSX-V: GBB) reports 6,476 g/t Ag over 3.09m at Castle Silver Mine, Gowganda

Investorideas.com - Gold Stocks; Gold Bullion (TSX-V: GBB) reports 6,476 g/t Ag over 3.09m at Castle Silver Mine, Gowganda

Gold Stocks; Gold Bullion (TSX-V: GBB) reports 6,476 g/t Ag over 3.09m at Castle Silver Mine, Gowganda

VANCOUVER - August 25, 2011 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (CDNX:GBB.V) (Other OTC:GBBFF.PK) (the "Company" or "Gold Bullion") announces that it has completed 6,842 m in 12 holes of diamond drilling in its first drill campaign on the Castle Silver property historic past-producing silver mine property located 85 kilometres northwest of the historic silver camp in Cobalt, Ontario.

Numerous strong calcite veins and vein systems were drilled and many of these were independent of the existing mine workings. The best silver intersection encountered is a 3.09m (10.138 feet) weighted interval of 6,476 g/t Ag (188.80 oz/ton Ag) in hole CA11-08 from 563.54 to 566.63 m including a 0.45m (1.476 feet) interval of 40,944 g/t Ag (1193.70 oz/ton Ag) in a calcite-Co-Ag vein (not true width). Leaf silver was common in the wall rock in the reported interval.

Gold Bullion's NQ drill program and drill core sampling, including the quality assurance/quality control program, are supervised by D. Robinson, P.Eng. and project geologist. Core from this drill campaign was sent to Accurassay Laboratory in Timmins, Ontario, for sample preparation and to their Thunder Bay laboratory for analysis. Silver was assayed by fire assay with AA check with additional pulp and metallics analysis done on samples where significant silver was identified. Analytical accuracy and precision are monitored by the analysis of reagent blanks and reference materials at the lab. Quality control is further assured by the insertion of blind certified standard reference material and blanks into the sample stream at regular intervals by the geologist on site in order to independently assess analytical accuracy

Five holes crossed the complete stratigraphic section of the shallow dipping Nipissing diabase fulfilling one of the program objectives to define the entire thickness of the diabase and detailed internal stratigraphy. The apparent thickness varied from 230m to 365m. The Nipissing diabase is considered the primary feature controlling the emplacement of silver deposits.

The recently completed exploration program consisted of an orientation IP geophysical survey and 12 diamond drill holes (6842m) designed to test various targets including 4 IP targets as well as identify low angle faults in proximity to the diabase. Using geophysics to detect silver prospects has long been attempted but has proven difficult due to silver being a perfect conductor. The success of this program has led to the recommendation of follow-up down-the-hole EM and IP geophysical surveys and further diamond drilling in several locations based on interesting findings.

Gold Bullion is extremely happy with the results of this drill campaign and is eagerly anticipating the next phase of exploration.

About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture listed junior natural resource company focusing on the exploration and development of its Granada Gold Property near Rouyn-Noranda, Quebec, and its high grade Castle Silver Mine in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSX-V: GBB, OTC PK: GBBFF), visit our web site: http://www.GoldBullionDevelopmentCorp.com

Qualified Person
Mr. Doug Robinson, P.Eng., is the qualified person as defined by National Instrument 43-101 who supervised the preparation and verification of the technical information in this release.

"Frank J. Basa"
Frank J. Basa, P.Eng.President and Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

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