Gold Bullion Development Corp. Releases 43-101 Technical Report on
its Granada Gold Project
VANCOUVER,
Jan. 3, 2013 /PRNewswire/ - Gold
Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the
"Company" or "Gold Bullion") is pleased to provide an independent
NI 43-101 Technical Report. prepared in accordance with National
Instrument 43-101 - Standards of Disclosure for Mineral Projects
("NI 43-101"), on its Granada Gold Property, located along the
prolific Cadillac trend in North-western Quebec, 5 km south of the city of Rouyn-Noranda.
The Technical Report, entitled "Granada Gold
Project Resource Estimate, Rouyn-Noranda, Abitibi, QC", dated
January 3, 2013 with an effective
date of November 15, 2012, was
prepared by SGS Canada Inc. and authored by Claude Duplessis, P.Eng., and Gilbert Rousseau, P.Eng., Qualified Persons as
defined by NI 43-101 and Karina
Sarabia, GIT and Jonathan Gagné, P.Eng. The Technical Report
is available through the Internet under the Company's profile on
the Canadian System for Electronic Document Analysis and Retrieval
(SEDAR) at www.sedar.com and on the Company's website at
www.goldbulliondevelopmentcorp.com.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX
Venture-listed junior natural resource company focusing on the
exploration and development of its Granada Property near
Rouyn-Noranda, Québec.
Additional information on the Company's Granada gold property is available by visiting
their website at www.GoldBullionDevelopmentCorp.com and on
SEDAR.com.
"Frank J. Basa"
Frank J. Basa,
P.Eng.
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its
Regulation Service Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. This news release may
contain forward-looking statements including but not limited to
comments regarding the timing and content of upcoming work
programs, geological interpretations, receipt of property titles,
potential mineral recovery processes, etc. Forward-looking
statements address future events and conditions and therefore,
involve inherent risks and uncertainties. Actual results may differ
materially from those currently anticipated in such statements.
SOURCE Gold Bullion Development Corp.