This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Bullfrog Gold Corp Completes Phase 4 Drilling At Newsboy Project

Stocks in this article: BFGC

GRAND JUNCTION, Colo., Feb. 3, 2014 (GLOBE NEWSWIRE) -- Bullfrog Gold Corp (BFGC:OTCQB) ("Bullfrog" or the "Company") is pleased to announce results from its phase 4 drilling program at the Newsboy Gold Project ("Project") located 45 miles NW of Phoenix, Arizona. Sixty-eight holes and 3,364 feet of drilling were completed in the Queen of Sheba exploration target, which is about 2.5 miles NW of the Main Newsboy deposit. Eighteen holes and 864 feet of drilling were completed in the RUS area, which is about 4.5 miles west of the Main deposit. These holes were percussion drilled to an average depth of 49 feet with a small tracked blast hole rig to test shallow mineralization. Drilling started on December 3 and was completed on December 15, 2013.

Queen of Sheba Area

Prior to the phase 4 program, drill data in the Queen of Sheba area consisted of one hole cored in 1995 that intersected 16 feet of 0.024 gold opt, 6 feet of 0.038 gold opt and 2 feet of 0.124 gold opt, all within 37 feet of the surface in the Central sub-area. The Company's phase three program included twelve holes drilled in early 2013 using a reverse circulation rig. One of these holes was located 20 feet north of the 1995 core hole and intersected 25 feet of mineralization that averaged 2.8 gold ounces per short ton (opt) starting at the surface. However, a vertical hole drilled about 12 feet NW from this high grade hole contained two 10 foot intercepts that averaged 0.027 gold opt within 30 feet of the surface. Four additional holes within 120 feet of the high grade hole confirmed a mineralized zone that averaged 18 feet in thickness and a grade of 0.028 gold opt within 26 feet of the surface. Another hole was located about 450 feet northeast and contained 10 feet of 0.079 gold opt at a depth of 35 feet. The Queen of Sheba area also contains several historic shallow shafts and pits and short adits having unrecorded production of minor tonnages. Phase 3 drilling also intercepted interesting host rocks that contained 10 to 20 feet of mineralization in three holes at depths from 325 to 400 feet deep and grading from 0.019 to 0.072 gold opt, however further study is required to justify additional drilling in this deep zone.

1 of 4

Select the service that is right for you!

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.
Submit an article to us!


DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

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