November 15, 2010

Gold Bullion Development (GBB, TSX-V) has come out with more news this morning and it’s very encouraging and significant…this project is much more advanced than some investors realize…GBB has reported high recovery rates, in excess of 93%, from Granada metallurgical test work performed by Gekko Systems in Australia…the combined gravity-flotation Gold recoveries in 2 separate tests were 93.9% and 97.2% at grind of 100% passing 150 microns…test samples were taken from Phase 1 drill core from 3 holes last spring that penetrated the Gold bearing structures in the LONG Bars Zone Eastern Extension…the composite samples were free of any high grade intercepts with the assayed and calculated head grade ranging between 0.45 – 0.60 g/t Au (lower than the assayed hole grades because of the removal of the high grade intercepts)…what this means, in simple language, is that the ore at Granada appears to be very clean which is excellent news for the potential economics of this project…a high recovery rate means more Gold can be extracted economically…this is consistent with the company’s bulk sample in 2007 and historical reports from Granada…the recovery rates that Gekko came up with are extremely high, especially for a lower grade deposit and even higher than the recoveries Osisko has reported from metallurgical tests for its Canadian Malartic Deposit…the potential economics of Granada could indeed be very robust…Gold Bullion also stated this morning it expects to release additional assay results from the LONG Bars Zone later this week…GBB is up 4 pennies as of 8:15 am Pacific to 64 cents…a new uptrend with GBB appears to be gaining momentum…