Gold Bullion Update On Community Impact Of The "Rolling Start" At Granada
16 Avril 2014 - 3:37PM
Access Wire
Montreal, Quebec / ACCESSWIRE / April 16, 2014 / Gold Bullion
Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the "Company" or
"Gold Bullion") announces that an initial series of public
consultations were held in the first quarter of 2014. The primary
goals were to clearly identify the key stakeholders and to open
communication with them.
Federal, Provincial and Municipal Meetings
The first in the series of meetings took place in January when
management met with the Mayor of Rouyn-Noranda. A number of key
department heads also attended. The meeting focused on regulatory
and administrative requirements with respect to mine site
development at Granada. The Company obtained the most recent
statutes and regulations on road construction, water rights and
landscaping requirements that are now being used for planning
purposes.
Management then followed up with the City officials in charge of
responsible forest management to review the location of the
existing timber on the Granada property. Given the proximity to the
area where ore extraction is planned, an arrangement was
established whereby City workers will remove the timber on behalf
of the Company. Proceeds from the sale of the removed timber are to
be used for community development as determined by Town Council.
The Company also provided the City of Rouyn LIDAR survey technical
services at no charge as a gesture towards positive community
relations in building a solid working relationship going
forward.
Other key meetings were held with Member of Parliament Christine
Moore and with the Quebec Member of Provincial Parliament in power
at that time. Both Members were receptive and the meetings were
constructive in creating an open door for further communication
regarding information the Company may need as relates to their
specific jurisdictions.
Community Consultations
The first public information meeting on the Granada project was
held in February at the Community Hall in the Village of Granada.
Area residents nearest the mine site on avenue Granada and rang
Lavigne towards Bellecombe were invited to meet with management and
the independent engineer responsible for overseeing project
development.
Management was encouraged by the response and will continue to
involve the citizens of Rouyn-Noranda and all community
stakeholders in building an open and bi directional relationship.
This inclusive approach will maximize benefits for both the local
community and Company shareholders. Among stakeholder interests
were the employment opportunities and related regional economic
benefits that will arise from the start-up of mining operations at
the Granada site.
Gold Bullion also initiated discussions with the Temiskaming
First Nations, outlining plans and the work completed thus far.
Future discussions will be more detailed as to their potential
involvement as the Granada gold property moves towards a gold
production scenario.
Environmental
A water-sampling program for residential wells has been
developed for implementation near-term to study the potential
effects on ground water quality as the Granada Mine Project
advances. Noise-monitoring programs were instituted several years
ago during previous bulk sampling, waste rock reprocessing, site
rehabilitation and drilling activities. Vibration monitoring will
also be an ongoing priority as the "Rolling Start" commences.
A reprocessing program for waste rock has been in place for
several years whereby waste rock is re-purposed for civil and
structural use as aggregate for municipal road upgrades,
recreational trails and drill roads on the Granada property. Thus
far over 100,000 tonnes of reprocessed waste rock has been
re-purposed for local use. Waste rock not re-purposed for use on
the property was sold with the profits from those sales donated to
a local charity.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture-listed junior
natural resource company focusing on the exploration and
development of its Granada Property near Rouyn-Noranda, Quebec, and
its high grade Castle Silver Mine in Gowganda, Ontario. Additional
information on the Company's Granada gold property is available by
visiting the website at www.GoldBullionDevelopmentCorp.com and on
SEDAR.com.
"Frank J. Basa"
Frank J. Basa, P.Eng.
President and Chief Executive Officer
For further information contact:
Frank J. Basa, P.Eng., President and CEO at 1-514-397-4000
Neither the TSX Venture Exchange nor its Regulation Service
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. This news release may contain
forward-looking statements including but not limited to comments
regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential
mineral recovery processes, etc. Forward-looking statements address
future events and conditions and therefore, involve inherent risks
and uncertainties. Actual results may differ materially from those
currently anticipated in such statements.
SOURCE: Gold Bullion Development
Corp.
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