| By PR Newswire |
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| January 3, 2013 06:22 PM EST |
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VANCOUVER, Jan. 3, 2013 /PRNewswire/ - Gold Bullion Development Corp. (TSXV:
GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion") is pleased to
provide an independent NI 43-101 Technical Report. prepared in
accordance with National Instrument 43-101 - Standards of Disclosure
for Mineral Projects ("NI 43-101"), on its Granada Gold Property,
located along the prolific Cadillac trend in North-western Quebec, 5 km
south of the city of Rouyn-Noranda.
The Technical Report, entitled "Granada Gold Project Resource Estimate,
Rouyn-Noranda, Abitibi, QC", dated January 3, 2013 with an effective
date of November 15, 2012, was prepared by SGS Canada Inc. and authored
by Claude Duplessis, P.Eng., and Gilbert Rousseau, P.Eng., Qualified
Persons as defined by NI 43-101 and Karina Sarabia, GIT and Jonathan
Gagné, P.Eng. The Technical Report is available through the Internet
under the Company's profile on the Canadian System for Electronic
Document Analysis and Retrieval (SEDAR) at www.sedar.com and on the Company's website at www.goldbulliondevelopmentcorp.com.
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, Québec. Additional information on
the Company's Granada gold property is available by visiting their
website at www.GoldBullionDevelopmentCorp.com and on SEDAR.com.
"Frank J. Basa"
Frank J. Basa, P.Eng.
President and Chief Executive Officer
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.
