Gold Bull Resources Corp.: Sandman NI43-101 Technical Report
01 Avril 2021 - 12:23AM
Gold Bull Resources Corp. (TSX-V: GBRC) (“Gold Bull” or the
“Company”) is pleased to report that, further to its news release
of
February 2, 2021, it has released its NI43-101
Technical Report on its 100% owned Sandman Project located in
Humboldt County, Nevada, USA. The report can be viewed on SEDAR at
www.sedar.com.
About Sandman
In December 2020, Gold Bull purchased the
Sandman Project from Newmont. Gold mineralization was first
discovered at Sandman in 1987 by Kennecott and the project has been
intermittently explored since then. There are four known pit
constrained gold resources located within the Sandman Project,
consisting of 21.8Mt @ 0.7g/t gold for 494,000 ounces of gold;
comprising of an Indicated Resource of 18,550kt @ 0.73g/t gold for
433kozs of gold plus an Inferred Resource of 3,246kt @ 0.58g/t gold
for 61kozs of gold. Several of the resources remain open in
multiple directions and the bulk of the historical drilling has
been conducted to a depth of less than 100m. Sandman is
conveniently located circa 25-30 km northwest of the mining town of
Winnemucca, Nevada. Exploration drilling is currently underway.
About Gold Bull Resources
Corp.
Gold Bull Resources Corp. is a junior mineral
exploration company focussed on developing prospective precious
metal properties in the USA. Gold Bull’s mission is to grow into a
US focussed mid-tier gold development Company. The company’s
exploration hub is based in Nevada, USA, a top-tier mineral
district that contain significant historical production, existing
mining infrastructure and an established mining culture.
Gold Bull is led by a Board and Management team
with a track record of exploration and acquisition success. Gold
Bull’s objective is to generate stakeholder value and superior
investment returns through the discovery and responsible
development of mineral resources.
Gold Bull is driven by its core values and
purpose which includes a commitment to safety, communication &
transparency, environmental responsibility, community, and
integrity.
Cherie LeedenPresident and CEO, Gold Bull Resources Corp.
For further information regarding Gold Bull
Resources Corp., please visit our website at www.goldbull.ca or
email admin@goldbull.ca.
Cautionary Note Regarding Forward-Looking
StatementsNeither the TSX Venture Exchange nor its
Regulation Services 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 contains certain statements
that may be deemed “forward-looking statements” with respect to the
Company within the meaning of applicable securities laws.
Forward-looking statements are statements that are not historical
facts and are generally, but not always, identified by the words
“expects”, “plans”, “anticipates”, “believes”, “intends”,
“estimates”, “projects”, “potential”, “indicates”, “opportunity”,
“possible” and similar expressions, or that events or conditions
“will”, “would”, “may”, “could” or “should” occur. Although Gold
Bull believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance, are subject to risks and
uncertainties, and actual results or realities may differ
materially from those in the forward-looking statements. Such
material risks and uncertainties include, but are not limited to,
the Company’s ability to raise sufficient capital to fund its
obligations under its property agreements going forward, to
maintain its mineral tenures and concessions in good standing, to
explore and develop its projects, to repay its debt and for general
working capital purposes; changes in economic conditions or
financial markets; the inherent hazards associates with mineral
exploration and mining operations, future prices of copper and
other metals, changes in general economic conditions, accuracy of
mineral resource and reserve estimates, the potential for new
discoveries, the ability of the Company to obtain the necessary
permits and consents required to explore, drill and develop the
projects and if obtained, to obtain such permits and consents in a
timely fashion relative to the Company’s plans and business
objectives for the projects; the general ability of the Company to
monetize its mineral resources; and changes in environmental and
other laws or regulations that could have an impact on the
Company’s operations, compliance with environmental laws and
regulations, dependence on key management personnel and general
competition in the mining industry. Forward-looking statements are
based on the reasonable beliefs, estimates and opinions of the
Company’s management on the date the statements are made. Except as
required by law, the Company undertakes no obligation to update
these forward-looking statements in the event that management’s
beliefs, estimates or opinions, or other factors, should
change.
Gold Bull Resources (TSXV:GBRC)
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