GRAND JUNCTION, Colo., Nov. 18, 2013 (GLOBE NEWSWIRE) -- Bullfrog Gold Corp (OTCBB:BFGC) ("Bullfrog" or the "Company") is pleased to announce a phase 4 drill program at its Newsboy Gold Project ("Project") located 45 miles NW of Phoenix, Arizona. Drilling is scheduled to start in early December 2013 and finish before year end.
At least 62 vertical and angled holes will be percussion drilled to depths up to 60 feet. The program is specifically designed to explore shallow mineralization that has been identified from surface sampling and reconnaissance programs, trenches and upper mineral intervals in existing holes. Below is a summary of holes proposed in three specific exploration target areas.
|Proposed Phase 4 Drill Program|
|Exploration Area||No. of Holes||Land Status|
|Queen of Sheba||20||Mining Claims|
|" " "||20||Adjacent Lease on Patents|
A map of the Newsboy main deposit and eight exploration areas may be viewed on the Company's website (see November 5, 2013 press release or latest power point presentation) or at the link http://media.globenewswire.com/cache/23930/file/23048.pdf .In 1985 Labradex Mining Company explored the RUS area by drilling 2,435 feet in 11 holes and sampling 14 trenches and several historic prospect pits. Labradex discovered a near surface gold-bearing vein system having a strike length of more than 2,600 feet and a typical dip of 45 degrees. The Company plans to drill 15 holes in the areas deemed most favorable and for possible strike extensions. Significant sample lengths and gold grades obtained in a Labradex report are shown in Table 2.
|RUS Area Surface Sampling Results|
|Sample Location||Intercept, ft.||Gold opt|
|Nearby old pit||4||0.120|
|" " "||2||0.120|
|" " "||5||0.076|
|Nearby old pit||4||0.290|
|" " "||3||0.088|
|" " "||5||0.100|