WOW, WOW, WOW!!!!!Bison Gold Resources Inc. Central Manitoba Property Update: Highest Grade Gold Intersections From Diamond Drilling Further Confirm Depth, Strike Extension and Identify New Gold-bearing Structures
Monday, May 30, 2011
TORONTO, ONTARIO--(Marketwire - May 30, 2011) - Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE:BGE) is pleased to provide an update on results from exploration drilling on the Ogama-Rockland trend from the company's Central Manitoba Property which has yielded its highest gold intersections to date.
Highlights include: diamond drill hole OG-11-09 which intersected 7.96 meters of 46.19 g/t Au in a zone of intense alteration and quartz veining containing visible gold within a granodiorite. This drill hole intersected the Ogama zone approximately 100 metres west of drill hole OG-09-01, which intersected 36 g/t Au over 1.92 metres and 42 metres below OG-09-02, which intersected 25 g/t Au over 0.99 metres. Additionally, drill hole OG-11-09 intersected a new gold-bearing structure in the 'hangingwall' to the Ogama zone; 2.30 metres of 15.56 g/t Au. Drill hole OG-11-08 intersected a previously unrecognized near surface heavily altered structure containing a vein of coarse visible gold associated with fine-grained pyrite. This new zone cut 206.00 g/t Au over 1.91 metres. Significant results are tabulated below. The widths reported are drill intercepted core widths and not true widths.
| Drill Hole | Core interval (m) | Width (m) | Au g/t | ZONE |
| OG-11-09 | 365.25 - 369.07 | 3.82 | 96.47 | Ogama |
| 182.71 - 185.01 | 2.30 | 15.56 | Hangingwall |
| OG-11-08 | 61.18 - 63.09 | 1.91 | 206.00 | Hangingwall |
| 383.13 - 383.85 | 0.72 | 9.39 | Ogama |
| OG-11-07 | 411.76 - 413.61 | 1.85 | 15.14 | Ogama |
| OG-11-06 | 426.36 - 430.23 | 3.87 | 1.53 | Ogama |
| OG-11-05 | 209.16 - 213.00 | 3.84 | 1.70 | Hangingwall |
| OG-11-04 | 199.76 - 200.99 | 7.09 | 1.23 | Hangingwall |
| 221.50 - 223.52 | 2.02 | 1.57 | Hangingwall |
| 427.50 - 443.90 | 16.40 | 2.64 | Ogama |
| including | 431.14 - 433.29 | 2.15 | 14.33 | Ogama |
| including | 433.05 - 438.40 | 5.35 | 7.81 | Ogama |
| OG-11-03 | no significant values | | | |
| OG-11-02 | 191.46 - 192.90 | 1.44 | 1.38 | Hangingwall |
| OG-11-02 | 197.82 - 199.55 | 1.73 | 2.75 | Hangingwall |
| OG-11-01 | 94.00 - 95.00 | 1.00 | 1.66 | Hangingwall |
"Our drilling to date has outlined significant high-grade mineralization at depth below and extending along strike to the old Ogama mine workings as well as intersected multiple additional structures and drill targets in the 'hangingwall wall' to the Ogama structure", stated Lucas Ewart, President and CEO for Bison Gold. Bison is currently drilling a fence of holes approximately 50 m to the east of the intersections from holes OG-11-08 and OG-11-08. Initial results from the holes are anticipated to be released in the coming weeks as there are over 600 prepared core samples still awaiting assay testing.
"We are exceptionally pleased with the success rate of our drilling targets and with over $3.7 million in the treasury we will continue our active exploration program through the summer and fall of 2011", stated Amir Mousavi, VP Corporate Development for Bison Gold. Over the past 6 months alone Bison Gold has conducted over 7000 meters of drilling making it the most active pure exploration company in the Rice Lake area.
Now THIS is a pleasant surprise indeed!!! All who recently bailed, you have chosen poorly; and congrats to those who invested, you have chosen wisely. However, if the old adage "buy on rumour, sell on news" rings true, we may see more sell-off as free-trading shares are sold at or above the recent placement, replaced by the hold share PLUS warrant. As for me, load me up from the free trading market!!! Hey management, there's still time for a shareholder protection plan, especially if there are more releases like these in the pipeline. WOW, IMAGINE DRILL RESULTS CALCULATED IN OUNCES PER TON!!!!!!