Gold Stocks; Gold Bullion (TSX-V: GBB) announces additional positive drill data update

VANCOUVER - March 14, 2012 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) (the "Company" or "Gold Bullion") is pleased to announce additional drill results from several holes located throughout the mineralized area of the Granada Gold Property. The subject property is located along the prolific Cadillac trend in North-western Quebec , 5 km south of the city of Rouyn-Noranda.

Hole GR-11-390 confirms extension of the mineralization at depth. This hole is the northern most hole drilled thus far from which data is available. High grade gold intersections continue to be discovered at depth on the northern extension from existing mineralization.
Results include 256.5 metres grading 0.44 g/t Au with three specific high grade zones: at 340 metres downhole with 10.5 metres grading 2.92 g/t Au, the second at 480 metres with 4.5 metres grading 4.52 g/t Au and a third at 532.5 metres with 9 metres grading 2.81 g/t Au. Frank Basa , Gold Bullion's CEO, is very encouraged by results that consistently demonstrate the presence of widespread significant gold on the Granada property.
Additional substantive drill data is included in a table format below.
57.15

Hole		From (m)	To(m)	Length(m)	Au g/t
GR-10-29		203.00	321.00	118.0	0.31
	including	268.50	321.00	52.5	0.55
	including	316.50	321.00	4.5	3.78
GR-10-30		63.50	284.50	221.0	0.30
	including	63.50	134.25	70.8	0.62
	including	126.75	134.25	7.5	3.25
GR-10-66		33.00	153.00	120.0	0.47
	including	33.00	78.00	45.0	0.70
	including	129.00	153.00	24.0	0.89
GR-10-89		4.50	18.00	13.5	2.44
		100.50	152.00	51.5	0.29
	including	137.00	152.00	15.0	0.77
GR-10-123		22.00	140.50	118.5	0.31
	including	116.00	140.50	24.5	0.99
	including	127.50	137.50	10.0	1.92
GR-10-162		18.40 40.65 22.3	0.30
		77.00	19.9	0.38
GR-10-191		136.50	285.40	148.9	0.19
	including	136.50	145.00	8.5	0.67
GR-11-202		3.00	13.82	10.8	0.49
		56.50	63.00	6.5	0.35
GR-11-204		2.40	52.50	50.1	0.39
	including	43.50	52.50	9.0	1.80
GR-11-208		188.50	202.35	13.9	0.62
GR-11-264		27.50	85.50	58.0	0.29
	including	27.50	33.50	6.0	1.37
	including	78.00	85.50	7.5	0.60
GR-11-265		21.00	118.00 97.0	0.86
	including	28.00	45.00	17.0	1.39
	including	78.00	109.00	31.0	1.65
GR-11-267		26.00	56.00	30.0	0.41
GR-11-277		18.50	112.45	94.0	0.42
	including	88.40	112.00	23.6	1.13
GR-11-278		36.50	111.00	74.5	0.55
	including	76.00	90.10	14.1	1.79
GR-11-279		22.50	218.00	195.5	0.26
	including	193.50	209.00	15.5	1.37
GR-11-281		42.00	231.50	189.5	0.35
	including	130.90	149.50	18.6	2.41
GR-11-283		232.00	299.50	67.5	0.24
GR-11-284		18.70	186.00	167.3	0.68
	including	51.50	95.50	44.0	0.37
	including	154.80	186.00	31.2	2.85
GR-11-289		19.50	108.00	88.5	0.32
	including	25.30	36.00	10.7	1.08
GR-11-290		15.50	136.50	121.0	0.39
	including	15.50	72.00	56.5	0.74
GR-11-291		30.00	80.50	50.5	0.64
	including	30.00	61.00	31.0	0.97
GR-11-292		10.50	134.00	123.5	0.41
	including	96.50	134.00	37.5	0.53
GR-11-294		19.00	130.00	111.0	0.87
	including	73.50	109.50	36.0	2.42
GR-11-296		11.50	126.50	115.0	0.78
	including	11.50	69.50	58.0	1.40
GR-11-390		285.00	541.50	256.5	0.44
	including	285.00	350.50	65.5	0.65
	including	340.00	350.50	10.5	2.92
	including	480.00	541.50	61.5	0.86
	including	480.00	484.50	4.5	4.52
	including	532.50	541.50	9.0	2.81

Exactly 80%, (24 of the 30) drill holes intersected significant mineralization. The 6 holes that did not were omitted from the above table. Those omitted were holes, GR-10-168, GR-11-244, GR-11-245, GR-11-247, GR-11-249 & GR-11-273.
Holes 244, 245, 247 & 249 were exploration holes drilled outside the main mineralized zone, while hole 168 encountered directional challenges and did not therefore yield noteworthy results. The widths reported in the preceding table are drill widths as "true" widths are unknown at this time. All assays are uncut, length-weighted average values.
Core analysis from the above holes was undertaken by ALS Chemex Labs in Val d'Or, Quebec , and by the Accurassay Laboratory in Timmins, Ontario. Gold was assayed by fire assay with additional metallics analysis on samples where visible gold was apparent and identifiable. Quality control was further enhanced by inserting blind certified standard reference material and blanks into the sample stream at regular intervals. This control procedure was carried out by logging personnel to ensure the highest level of independent assessment and overall analytical accuracy.
Claude Duplessis , Eng. is acting as the qualified person (QP) for Gold Bullion Development Corp. in compliance with National Instrument 43-101 and has reviewed the technical contents of this press release.
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, Qu�bec. Additional information on the company's Granada gold property is available by visiting their website at www.GoldBullionDevelopmentCorp.com and on SEDAR.com.
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.

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Gold Stocks; Gold Bullion (TSX-V: GBB) Announces new Drill Program at Granada

VANCOUVER - March 1, 2012 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) (the "Company" or "Gold Bullion") is pleased to announce a new drill program on the Company's Flagship Granada property located along the Cadillac trend in North-western Quebec , 5 km south of the city of Rouyn-Noranda.

The new drill program is intended to test structures and gold grades at depth on the north extension 2012 project.
The program comprises the drilling of 2 deep holes on the northern edge of the property and within these holes, a minimum of one wedge will be added in order to have 2 pierce points per hole, generating a total of 4 pierce points (2 cross sections with 2 intersections). The two deep holes will be followed up with a 3rd hole located between the two sections and the existing known drilled area, in order to confirm the extent of the panel. In addition, a wedge in the 3rd hole is also being considered.
Two drills from Landdrill International Ltd. are currently on the site with drilling to begin in short order. Based on current information, the mineralization trend is relatively East-West dipping North 50 to 70. The zones are cut by NNE faults therefore the program will put the holes due south, in order to avoid following one of these faults even with a possible deviation to the right. Holes should start in HQ down to a depth of 400 metres followed by NQ. In the event problems are encountered within NQ, the smaller diameter BQ will follow at depth.
The program details are as follows:
Hole 12-01 1660m at -78 due south
Hole 12-01a(w) wedge at 530m for 1050m due south aiming up at -70 or better
Hole 12-02 1450m at -75 due south
Hole 12-02a(w) wedge at 540m for 900m due south aiming up at -68 or better
Hole 12-03 1000m at -75 due south
Hole 12-03a(w) wedge at 500m for 500m due south aiming up at -70 or better
The total drill programme is estimated to be 6,560 meters.
A drill hole location map, (Google Earth map), as well as the cross sections with planned holes and wedges can be reviewed on the Gold Bullion web site at www.goldbulliondevelopmentcorp.com/ en/projects/hole-drilling.aspx
Claude Duplessis, Eng. is acting as qualified persons (QP) for Gold Bullion Development Corp. in compliance with National Instrument 43-101 and have reviewed the technical contents of this press release.
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, Qu�bec. Additional information on the company's Granada gold property is available by visiting their website at www.GoldBullionDevelopmentCorp.com and on SEDAR.com.
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.

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Gold Stocks; Gold Bullion (TSX-V: GBB) announces preliminary metallurgical testing showing average gold recovery of 94.1 % with an average gold grade of 0.94 g/t at the Granada Gold Property

VANCOUVER - February 29, 2012 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) is pleased to announce the release of 29 composite sample results from the SGS Lakefield Gold Metallurgical Testing Group. These results are to be used in the Total gold determination program that SGS Geostat is working on for the Granada Gold Property located on the prolific Cadillac trend, south of Rouyn-Noranda, Quebec, Canada.

The purpose of the test was to determine the head grades and recoveries of the various composites in order to compare them with the individual assay results. Mr. Claude Duplessis , Eng., the SGS Geostat Q.P., selected 29 different composite samples from 29 different mineralized zones at various depths with variable grades. The test work consisted of a total gold metallurgical balance that resulted in overall gold recovery data.
Overall recovery rates averaged 94.1% ranging from 87.1% to 98.5%. These numbers demonstrate that even at low grades, superior recovery of gold can be achieved within the mineralized zones by using gravity followed by cyanidation on the Granada property. The recovery rates using only gravity ranged from 25.1% to 78.0% with an average rate of 50.6% indicating a significant amount of free gold is present.
Test details summary:

• The composites were prepared by blending from 7 to 11 individual witness core samples to represent a continuous mineralized zone from 9.1 to 16.5m long. The total composite weight ranged from 17 kg to 41 kg
• The composites were then crushed to minus 10 mesh. The crushed sample was riffled into 10 kg test charges with each composite treated in its entirety
• Each composite sample was ground in 10 kg batches in a laboratory rod mill to approximately 80% passing 75 �m (1�10-6 of a metre.) The grind sizes for processing ranged from 52 - 102 �m, averaging 77 �m
• The mill discharge was passed through a Knelson concentrator and the concentrate was then cleaned on a Mozley mineral separator. All of the resulting concentrate from the Mozley separator was then fire assayed for gold
• The Mozley and Knelson tailings were then combined and submitted for cyanide leaching
• The pregnant leach solution was collected and submitted for gold (Au) assay. The leached pulp was also sampled for gold content by fire assay. An overall (gravity + cyanidation) gold metallurgical balance was then performed to calculate the head grade of each composite

Tests were conducted under the supervision of Lesley Hendry , project metallurgist at the Lakefield facilities of SGS Canada.
The comparison between the length weighted average gold grade from the original uncapped assay results versus SGS Total gold on an individual basis shows some variance as expected. This variance is directly related to the nature of the gold mineralization at Granada. The weighted average of the original composite data is 1.16 g/t while the average of the total gold test is 0.94 g/t. When the capping of an individual Fire Assay result of 36.94 g/t in composite #14 to 10 g/t is applied, the original average grade is 1.05g/t.
For complete details of the Total Gold metallurgical tests including accompanying tables, please go to the web site at www.GoldBullionDevelopmentCorp.com
Claude Duplessis, Eng. is acting as the qualified person (Q.P.) for Gold Bullion Development Corp. in compliance with National Instrument 43-101 and has reviewed the technical contents of and data included in this press release.
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, Qu�bec. Additional information on the company's Granada gold property is available by visiting their website at www.GoldBullionDevelopmentCorp.com and on SEDAR.com.
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.

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Request News and Info on GBB
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