Gold Bullion Development Corp (C:GBB)
Monday June 03 2013 - News Release

Mr. Frank Basa reports

GOLD BULLION DEVELOPMENT INITIATES TRENCHING PROGRAM AT GRANADA

Gold Bullion Development Corp. has started its trenching program at Granada. The company, based on SGS Geostat qualified person's recommendation in charge of the study, has initiated a trenching program aimed at validating the existence and position of mineralized zones at surface.

The main goal is to characterize and validate new shallow high grades zones identified in the drill holes GR-12-413, GR-10-21, GR-11-380, GR-11-313 GR-10-104, GR-10-105, GR-10-125, GR-10-97, GR-10-53 and GR-10-100. To reach those targets, digging parameters were set for each trench and pit. The trenching work consists of 4 trenches and 4 test pits to be done with an excavator. The trenches should be from 0 to 2 metres deep, 4 metres wide and the lengths are summarized in the following table. The test pit will consist of hoes 4 metres wide and 2 metres deep. The names correspond to the type of hole, TT for "Test Trench" and TP for "Test Pit". The second number is the year of work and the last number the hole tag. Channel sampling will be done in each trench and pit.


Table of Work Location and Type

Starting coordinates Size
Name Easting Northing AzimuthDepthLengthWidth Type
TP-13-01647107.605338095.96 - 2 4 4 Test pit
TP-13-02647032.875338016.26 - 2 4 4 Test pit
TP-13-03647026.795337949.86 - 2 4 4 Test pit
TP-13-04647084.175337967.73 - 2 4 4 Test pit
TT-13-01646289.905338036.84 103 2 200 4 Trench
TT-13-02646691.445338117.55 103 2 110 4 Trench
TT-13-03647050.625338158.92 103 2 110 4 Trench
TT-13-04646529.485337982.43 103 2 50 4 Trench
A map and details of the location of the trenches and test pit program, totalling approximately 470m in length, can be viewed on the Company's website the website at www.GoldBullionDevelopmentCorp.com.

The Company wants to take this opportunity to inform the community that it will communicate its development plan in the coming weeks with public consultations. The Company has retained the services of C.C. Consultants of Rouyn-Noranda to assist for the communication with the community.

Claude Duplessis, P. Eng., is acting as the qualified person (QP) for Gold Bullion Development Corp. in compliance with National Instrument 43-101 and has reviewed the technical contents of this press release.

We seek Safe Harbor.

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