Hole 49 was angle-drilled toward the north at -65˚ and intersected 15 feet of 0.029 gold opt in the same zone intercepted in hole 48. Hole 49 is 110 feet south from hole 48 and 95 feet south of the old core hole. Holes 50 through 52 were drilled in the general area, but only intersected minor mineralization.
In mid-February 2013 drilling operations returned to the main Newsboy deposit to further test thick, higher grades discovered during Phases 1 and 2 completed in 2012. Thereafter, the drill rig will return to the Queen of Sheba area and test extensions of this shallow high grade zone, which is located on patented property and does not require approvals for additional drilling from the US Bureau of Land Management. In summary, much additional drilling is required and justified to determine the quantity and quality of shallow and deeper mineralization in the Queen of Sheba and main deposit, the latter of which has now been defined by more than 200 holes.
Drilling & Sampling Procedures and Results
All drilling was performed using reverse circulation methods. Drill cuttings were sampled at intervals of 5 feet and split to typically produce 15-pound representative samples for further preparation and assaying. All field sample splits were collected, bagged and tagged under the direct supervision and custody of Clive Bailey, CPG, Qualified Person and Lead Project Consultant. Sample splits are loaded on trucks operated by Skyline Laboratories, transported to their facility in Tucson, Arizona and assayed for gold, silver and other relevant elements. In compliance with US and other international QA/QC procedures, separate blank, duplicate and standard samples were randomly submitted and assayed with the drill sample splits.About Bullfrog Gold Corp. Bullfrog Gold Corp. is a Delaware corporation that started trading on the over-the-counter bulletin board market on October 17, 2011 under the symbol BFGC. During 1992, predecessor owners of the Newsboy Project drilled 154 holes and completed a feasibility study. Historic resources in the main deposit area were estimated in 1992 at 5.3 million tons averaging 0.044 gold opt and 0.64 silver opt.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts