Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) today announced that its CEO, David Beling, was featured on The Stock Day Podcast with host Everett Jolly. “We started drilling on May 31st, in spite of Coronavirus, and by June 6th we completed a 25-hole program. Everything is going our way and we’re quite pleased with what we’ve accomplished with this program,” Beling said in the interview, discussing recent projects, then further elaborating on the Company’s intention to drill an additional nine holes. “These drill samples that we collect, we send them to a commercial lab in Reno to get the gold and silver assays. We’re not doing anything on a 43-101. We did a 43-101 resource estimate in August of 2017, but nothing has changed until we get the assays on the 25 holes,” Beling added, noting that once the Company receives the final analytics the next step will be a preliminary economic analysis. He then explained that this would allow the Company to fully define and optimize the Bullfrog and Montgomery-Shoshone pits, followed by feasibility studies.
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About Bullfrog Gold Corp.
Bullfrog Gold Corp. is a Delaware corporation that controls the commanding land and mineral positions in the Bullfrog Mine area where Barrick produced 2.3 million ounces of gold by conventional milling beginning in 1989 and ending in 1999. Measured and indicated 43-101 compliant resources were estimated in mid-2017 by Tetra Tech Inc. at 525,000 ounces of gold, averaging 1.02 gold g/t in base case pit plans. Most of these resources are in the north extension to the Bullfrog pit. Inferred resources within these pit plans were estimated at 110,000 ounces of gold averaging 1.2 g/t. It is noted that the 3-year trailing average gold prices are now more than $160 higher than the $1,200 price used in the mid-2017 Canadian NI 43-101 resource estimates, which were also based on a heap leach gold recovery of 72% compared to the average 85% leach test recoveries recently achieved on four bulk samples. Additional technical and corporate information may be sourced at www.BullfrogGold.com.
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