Bullfrog Gold Intersects Bonanza Grade At Newsboy Project
GRAND JUNCTION, Colo., Feb. 25, 2013 (GLOBE NEWSWIRE) -- Bullfrog Gold Corp (OTCBB:BFGC) ("Bullfrog" or the "Company") is pleased to announce results from the first five holes of Bullfrog's Phase 3 drill program at the Newsboy Gold Project ("Newsboy") located 45 miles NW of Phoenix, Arizona. The Company is particularly excited about a shallow 5-foot intercept that averaged 13.9 ounces gold per short ton (opt). These holes were drilled in the Queen of Sheba area located 2.5 miles west of the main Newsboy deposit, see table below:
| BQ Hole | Mineral Intervals, Feet | Gold | Silver | Hole | ||||
| Year – No. | From | To | Thickness | Opt | Opt | Depth, Ft. | ||
| 13 – 48 | 0 | 25 | 25 | 2.801 | 0.17 | 400 | ||
| Includes | 10 | 15 | 5 | 13.856 | 0.47 | |||
| 390 | 400 | 10 | 0.038 | 0.03 | ||||
| 13 - 49 | 10 | 25 | 15 | 0.029 | 0.18 | 320 | ||
| 13 – 50 | 40 | 45 | 5 | 0.017 | 0.140 | 400 | ||
| 65 | 70 | 5 | 0.016 | 0.020 | ||||
| 13 – 51 | 60 | 65 | 5 | 0.016 | 0.080 | 250 | ||
| 13 – 52 | Below Cutoff | -- | -- | -- | 420 | |||
| Based on a 5-foot mineral interval cutoff of 0.015 gold opt | ||||||||
Hole BQ 13-48 was drilled at a minus 67˚ angle toward the north and is located 15 feet from an old shallow shaft and 19 feet from an easterly angled-hole cored in 1995 that contained 16 feet of 0.024 gold opt, 6 feet of 0.038 gold and 2 feet of 0.12 gold opt, all within 37 feet from the surface. Hole number 48 also intersected a very interesting 10 feet of 0.038 gold opt in pre-Cambrian meta-sediments in the last 10 feet of this 400-foot hole.
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