News after hours
Mr. Frank Basa reports
GOLD BULLION ANNOUNCES CORRECTION OF HISTORICAL DATA DISCLOSURE
Gold Bullion Development Corp. is making the following correction related to the press release dated Nov. 16, 2011, concerning historical hole 90-01. A transcription and conversion error from the historical log and analysis results has been found by the new geological consultant, SGS, as it was conducting routine work in preparation for the coming deep-hole program or northern extension 2012 program.
The position of the historical high grade zone previously disclosed did not match in elevation with the SGS Geostat's development mineralization model. The President sincerely presents his apologies for this error. While it did occur under his scope of responsibilities, admittedly it is part of the legacy of the previous service provider. The correct numbers are included below as well as the previously disclosed data as per the November 16th, 2011 release.