Bullfrog Gold Drills Nevada Project and Terminates Arizona Project

Bullfrog Gold Drills Nevada Project and Terminates Arizona Project

GRAND JUNCTION, Colo., June 5, 2014 (GLOBE NEWSWIRE) -- Bullfrog Gold Corp
(OTCQB:BFGC) ("Bullfrog" or the "Company") is pleased to announce completion
of a phase 1 drill program at its Klondike Silver Project ("Klondike") located
40 miles north of Eureka, Nevada. Assays from this program should be received
by early July 2014. The Company has also provided a 30-day termination notice
on its Option to Purchase the Newsboy Gold Project located approximately 45
miles NW of Phoenix, Arizona. This termination allows the Company to focus on
exploring the significant potential of Klondike while maintaining its 100%
owned Bullfrog Gold Project located 120 miles NW of Las Vegas, Nevada. In
addition, the Company aggressively continues to seek and selectively pursue
acquisitions and potential business opportunities of merit.

Klondike Exploration Drilling & Assaying

The initial program was planned for percussion drilling 5,000 feet in 50
shallow holes in five specific target areas of the Klondike property (see
press release of May 5, 2014). Based on issues concerning the percussion drill
and requirements of the BLM, the program was revised whereby 1,507 feet of
percussion drilling in 16 shallow holes and 2,885 feet of reverse circulation
drilling in 11 deeper holes were completed by the end of May. The deepest hole
was extended to 400 feet based on observations of mineralized host rocks in
the drill cuttings. Significant oxide minerals of silver, lead, zinc and
copper as well as barite have been observed in most of the drill cuttings, but
mineral contents in Klondike rocks can only be determined by assay.

Drilling and further surface reconnaissance were able to trace mineralization
from the Glory Hole exploration target nearly 2,000 feet south toward the
historic Old Whalen underground mine. The Copper Hill target, located
approximately 2,000 feet west of the Glory Hole target, appears to be a large
stock-work located between two north-south fault systems separated by more
than 1,000 feet of altered dolomite host rocks. Copper Hill also extends south
toward the Cougar Hill exploration target, the latter of which was not drilled
during this first phase program and is located approximately 1,500 feet south
of Copper Hill. Most of the phase 1 drilling did not appear to penetrate the
total thickness of the mineralized zones.

Two lots of drill samples were shipped to American Assay Laboratories of Reno,
Nevada. Assay results from 16 holes are anticipated by late June 2014 and
assay results from the 11 RC holes are anticipated by early July 2014.All
field work and sample QA/QC protocols were under the direct custody,
supervision and management of Clive Bailey, CPG, Qualified Person and Lead
Project Consultant.

Newsboy Gold Project Termination

The Company entered an Option to Purchase the Newsboy Gold Project in
September 2011, at which time the gold price was near $1,900 per ounce. Since
then the Company completed four exploration programs that included 27,201 feet
of drilling in 160 holes to test potential expansions to an open pit mine
proposed in 1992 and at priority exploration targets within 3 miles of the
Main deposit. An independent technical report was completed in February 2014
that showed the project was not economic under reasonably foreseeable gold
prices. Based on the above report and option payments deemed too high under
current circumstances, the Company concluded it was in the best interest of
its shareholders to terminate this project and apply its resources and
expertise on other endeavors.

More information on the Company and its projects may be obtained from
www.BullfrogGold.com, or by emailing info@BullfrogGold.com.

The Bullfrog Gold Corp. logo is available at

Cautionary Note Regarding Forward Looking Statements

This press release may contain certain "Forward-Looking Statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the United States Securities Exchange Act of 1934, as amended. All
statements, other than statements of historical fact, included herein
including those with respect to the objectives, plans and strategies of the
Company and those preceded by or that include the words "believes," "expects,"
"given," "targets," "intends," "anticipates," "plans," "projects," "forecasts"
or similar expressions, are forward-looking statements that involve various
risks and uncertainties. The Company is presently an exploration stage
company. Exploration is highly speculative in nature, involves many risks,
requires substantial expenditures and may not result in the discovery of
sufficient mineral deposits that can be mined profitably. Further the price of
minerals and resources is highly volatile.The Company currently has no
reserves on any of its properties.While the Company believes these
forward-looking statements are reasonable, undue reliance should not be placed
on any such forward-looking statements, which are based on information
available to us on the date of this release. These forward looking statements
are based upon current estimates and assumptions and are subject to various
risks and uncertainties, including without limitation those set forth in the
Company's filings with the Securities and Exchange Commission (the "SEC"), not
limited to Risk Factors relating to its business and properties contained
therein. Thus, actual results could be materially different. The Company
expressly disclaims any obligation to update or alter statements whether as a
result of new information, future events or otherwise, except as required by
law. As a result, this press release should be read in conjunction with the
Company's periodic filings with the SEC, which are available at www.sec.gov.

CONTACT: David Beling, President & CEO (970) 628-1670

company logo
Press spacebar to pause and continue. Press esc to stop.