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Bullion River Gold Corp. (OTCBB:BLRV): Bullion River
Gold Corp. has completed the Phase I underground drilling from its
Robillard tunnel. While all results for the Lucky-7 vein system have
been received, some results for the Washington vein system are still
pending. The drilling confirms strong gold mineralization extending
below the previously known areas and remains open to depth. In
addition to the finished drilled area, Bullion River has identified
several high-grade areas that will be explored next, in order to
increase the overall mineable gold reserves.
Furthermore, the company will complete a bulk sample of the
existing two vein systems to verify more fully the grade and
consistence of the mineralization in the high-grade vein systems and
to test the functionality and effectiveness of the mill.
At present, the company is preparing long and cross-sections for
the execution of its independent reserve estimate, which will be
completed by an independent source. At present, the engineering for
the bulk sampling and the transfer of labor and equipment is being
conducted. All required permits have been received. The bulk sample is
scheduled to start on Monday August 21, 2005 and might extend into the
fourth quarter of 2005. An immediate change from bulk sampling to
production is possible.
Peter M. Kuhn, President of Bullion River Gold Corp. states, "We
are more than pleased with the exploration at our French Gulch
property and we continue to find more and more targets that increase
the overall mineable gold potential. With the mining of this 1,500 to
3,000 tons bulk sample we will further confirm our findings and take
another important step towards production. The increasing discovery of
gold bearing occurrences by our geological team has grown the overall
potential of our property tremendously since we acquired this
intriguing mine."
About Bullion River Gold Corp.
Bullion River Gold Corp. is an American based mineral exploration
company focusing on regions containing gold-silver deposits
predominantly located in the Southwest United States. The company
presently has a total of seven properties of which five are located in
Nevada. Three of these properties are considered advanced projects and
two are considered grassroots projects. The two remaining properties
are in California. Both of these properties are past producers.
For more information, contact Leann Pinguelo, Investor Relations
at Bullion River Gold Corp. at (800) 540-BLRV (2578) or at
leann@bullionriver.com or visit the Company's website at
www.bullionriver.com or the U.S. Securities & Exchange Commission's
website at www.sec.gov/ to review Bullion River's latest filings.
This release contains certain statements that are
"forward-looking" statements (as the term is defined in the Private
Securities Litigation Reform Act of 1995). Any such forward-looking
statements are inherently speculative and are based on currently
available information, operating plans and projections about future
expectations and trends. As such, they are subject to numerous risks
and uncertainties, such as general economic and business conditions,
the ability to acquire and develop specific projects, the ability to
fund operations, and other factors over which Bullion River Gold Corp.
has little or no control. Actual results and performance may be
significantly different from expectations or trends expressed or
implied by such forward-looking statements. Bullion River Gold Corp.
expressly disclaims any obligation to update the statements contained
in this release.
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