This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Bullfrog Gold Augments Another Key Exploration Target At Newsboy Project

GRAND JUNCTION, Colo., May 6, 2013 (GLOBE NEWSWIRE) -- Bullfrog Gold Corp. (OTCBB:BFGC) ("Bullfrog" or the "Company") is pleased to announce it has obtained significant technical information on a key exploration target known as the RUS area of the Newsboy Gold Project located 45 miles NW of Phoenix, Arizona. In March 2013 Bullfrog expanded its land holdings by staking 160 mining claims, including the RUS area which is approximately 4.5 miles west of the Main Newsboy deposit. The enclosed map shows the Main deposit, major exploration targets and numerous historic shallow shafts and prospect pits. The Company controls 7,400 acres (11.5 square miles) of the most prospective lands in the Newsboy area.

In 1985 Labradex Mining Company staked 28 claims in the RUS area, excavated 14 trenches, reverse circulation drilled 2,435 feet in 11 angled holes, collected 66 rock chip samples and expanded geologic mapping. In April 2013 Bullfrog obtained a 1985 report from the former Labradex geologist who directed or performed this work. The best gold assay results from these 1985 programs are summarized below.

Identification Intercept, ft. Depth, ft. Gold opt
T-5 20  - 0.048
Nearby old pit 4  - 0.120
  2  - 0.120
  5  - 0.076
       
T-8  10  - 0.040
       
T-10 7  - 0.053
Nearby old pit  4  - 0.290
  3  - 0.088
  5  - 0.100
       
DH-3 20  100 - 120 0.074
  10  180 - 190  0.092
       
DH 8  15  205 - 220 0.210

Company geologists have examined, mapped, and sampled surface exposures along the entire length of the RUS structure. Preliminary locations for several exploratory drill holes have been identified to test the down-dip extension of the mineralization and confirm the previous results reported by Labradex. The RUS structure is a mineralized fault in Precambrian schist that apparently extends the entire southeast-northwest length of the RUS claim block; a distance of over 4,300 feet. One short adit and two shallow shafts were excavated in the RUS area about 100 years ago, but there are no records of production.

Stock quotes in this article: BFGC 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs