Gold Bull Resources Corp V.GBRC

Alternate Symbol(s): GBRCF

Metals & Mining Gold

Gold Bull Resources Corp. is a gold focused exploration and development company with a portfolio of prospective projects located in Nevada, United States. The Company's core asset is the Sandman Project, located in Nevada which has an approximately 494,000 oz gold resource. The Sandman project can be generally described as 117 square kilometers of consolidated checker- board lands consisting of Bureau of Land Management (BLM) and private ownership sections. The Sandman project is located in Townships 36 and 37 North, Ranges 35 and 36 East, Mount Diablo Meridian, Humboldt County, Nevada, United States. The property lies 23 kilometers (km) south of the successful Sleeper gold mine. It owns 100% of the Big Balds Project, a gold exploration target located approximately 120 km south of Elko, Nevada. The project is comprised of 210 lode mining claims located on BLM tenure. The project is located on the prolific Carlin Trend, along a structural corridor known as the Bida Trend.

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Gold Bull Resources Corp > Gold Bull’s Sandman Project Revised PEA Phase 2

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Post by Betteryear2on Jul 31, 2023 7:11pm

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Post# 35565736

Gold Bull’s Sandman Project Revised PEA Phase 2

Confirms near term production potential in Nevada
Post-Tax IRR 81%, NPV $121M, 1.3yr pay-back, 9-yr mine life at 38,000 oz gold pa

VANCOUVER, British Columbia, July 31, 2023 (GLOBE NEWSWIRE) -- Gold Bull Resources Corp. (TSX-V: GBRC) (“Gold Bull” or the “Company”) is pleased to report minor modifications to its Sandman Preliminary Economic Assessment (PEA or Scoping) which was previously announced on April 25th, 2023, and filed on June 9, 2023, titled Phase 2 Study at its 100% owned Sandman Project (“Sandman” or the “Project”) located in Humboldt County, Nevada, USA.

Gold Bull’s Sandman Project Revised PEA Phase 2 (globenewswire.com)