Latest News ReleaseBlack Bull Resources Announces No Material Change
VANCOUVER, BRITISH COLUMBIA--Black Bull Resources Inc. would like
to reiterate the Company's recent progress as defined in previous
news releases:
* Appointment to Advisory Board, Dr. Haydn Murray and Mr. George
Cooper, QC;
* Successful completion of an 11-hole drill program which has
extended strike of the kaolin and quartz mineralization a further
600 meters. This increases the strike extent of the zones from
1.0 km to 1.6 km as identified in drilling; and
* Positive test results from Kaolin giant, Imerys, as reviewed by
Dr. Murray.
Black Bull expects the bulk sampling program will be complete by
the end of the week. Quartz is now being crushed to necessary
size requirements and will then be shipped to various end users to
test the suitability of Yarmouth Quartz for their needs.
Black Bull is also currently undertaking a geophysical program to
trace the zone a further 3 km to the south. This program will
delineate drill targets in order that the Company can fully
quantify the kaolin and quartz resources.
From a corporate perspective Black Bull has completed several
financings in the last year which will enable the Company to meet
its general operating expenditures over the next 12 months as well
as current exploration activities. In addition, the Company has
entered into discussions with clay producers and end users with
the objective of creating a strategic alliance which could
expedite the Yarmouth Kaolin-Quartz project into production.
Discussions are currently ongoing. There are no other material
changes.
In closing, the Board of Directors would like to thank
shareholders for their patience and support and look forward to
our mutual success.
ON BEHALF OF THE BOARD OF DIRECTORS
Gregory M. Thomas, Vice-President and Director
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FOR FURTHER INFORMATION PLEASE CONTACT:
Black Bull Resources Inc.
Greg Thomas
Vice-President, Business Development & Director
(604) 688-9500 or Cell (604) 720-0041
Email: blackbullresources@telus.not
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the information contained herein.