Bullfrog Gold Corp. Releases Drilling Results From Klondike Silver Project in
GRAND JUNCTION, Colo., July 15, 2014 (GLOBE NEWSWIRE) -- Bullfrog Gold Corp
(OTCQB:BFGC) ("Bullfrog" or the "Company") is pleased to announce results from
the first drill program at the Klondike Silver Project ("Project") located 35
miles NW of Eureka, Nevada. A significant intercept was drilled in the Copper
Hill target, three new styles of mineralization were recognized and the
priority exploration targets have been further defined for drilling during a
proposed phase 2 program.
Copper Hill Drilling and Results
Hole #24 was angled toward the west and collared about 100 feet east of
several shallow historic shafts sunk in the heart of the north-south
mineralized outcrops on Copper Hill. This hole included 30 feet that averaged
1.8 ounces of silver per ton, 0.23% copper, 800 ppm antimony and 257 ppm
arsenic. However, this hole only penetrated what we now know as the eastern
edge of the significant mineralized zone. Highly prospective drill sites on
the top, north, south and west side of Copperhill as well as some other areas
could not be drilled during phase 1 (see the General section for details).
Vertical hole #25 was collared at the same drill site as #24 and contained
significant anomalous but peripheral mineralization that was about 100 feet
east and a similar depth of the prime intercept in #24. Vertical holes #26 and
#27 were approximately 200 feet east of holes #24 and #25 but are now known to
be too far east of the main mineral trend. Notwithstanding Hole #26
intersected 5 feet of 14 ppm (0.4 opt) silver. Mineralization at Copper Hill
may extend 2,000 feet south to Cougar Hill, which also could not be drilled in
phase 1 but remains a priority target.
Copper Hill Assay Results
Hole Intervals, Feet Silver Copper Lead Zinc Antimony Arsenic
No. From To Thick. ppm ppm ppm ppm ppm ppm
24 15 20 5 <1 71 87 589 40 172
70 95 25 2 116 94 102 73 38
125 155 30 61 2,335 694 239 803 257
incl. 130 135 5 115 4,570 1,130 381 1,600 417
25 95 125 30 <1 64 70 151 55 116
220 240 20 3 142 38 123 125 32
290 300 10 4 54 445 17 56 48
320 330 10 2 157 78 69 238 63
26 170 175 5 14 644 18 59 181 51
200 205 5 2 45 60 82 155 18
27 100 115 15 <1 24 43 261 37 163
Glory Hole Drilling and Results
Holes #19 and #20 were collared approximately 100 feet due west and hole #21
about 70 feet SSW of the Glory Hole area. These three holes were angled -50º
in a due east direction.Vertical hole #22 was approximately 140 feet west of
the Glory Hole area. After analyzing data now available along with field
observations, it has been concluded that the host rocks exposed in the Glory
hole pit dip about -15º to the east and were mineralized as a manto-style
deposit rather than a near vertical zone that was thought to have been
mineralized via a near vertical fault. As a result the angled holes went under
the prime target area and the only intercept of significance was five feet of
6 ppm silver at a depth of 45 feet. Due to the constraints described in the
General section herein, it was not deemed practical to build a drill access
road to the north and east sides of the Glory Hole pit during this phase 1
The south side of the Glory Hole is adjacent to a dry creek that is
topographically and stratigraphically below the near flat lying dolomite host
beds.It is therefore planned in phase 2 to drill north and east of the Glory
Hole and at higher elevations south and east of the dry creek where the
dolomite host rocks outcrop and continue dipping toward the east. A cross
section of the Glory Hole area posted with phase 1 drill holes and proposed
phase 2 drill holes may be viewed in the corporate presentation dated July 15,
2014 at www.bullfroggold.com.
Glory Hole Assay Results
Hole Intervals, Feet Silver Copper Barium Lead Zinc Antimony Arsenic Titanium Moly
No. From To Thick. ppm ppm ppm ppm ppm ppm ppm ppm ppm
19 75 85 10 1 16 2,188 155 132 20 <10 585 <2
145 150 5 1 <15 36,805 534 87 25 13 16,093 <2
21 45 50* 5 6 126 14,350 1,460 9,680 95 15 4,018 3
Black Lizard Drilling and Results
Twelve holes were drilled in the Black Lizard area with the best three holes
summarized below. Although some holes proposed could not be drilled, the Black
Lizard area is a lower priority target.
Black LizardAssay Results
Hole Intervals, Feet Silver Copper Lead Zinc Molybdenum Antimony
No. From To Thick. ppm ppm ppm ppm ppm ppm
2 10 25 15 4 76 63 4550 <2 41
3 35 45 <10 1 22 115 300 2 28
10 75 109 34 <1 15 193 297 3.6 18
incl 105 109 * 4 2 38 183 437 5 49
* Bottom of hole
Much of the proposed phase 1 drill program was constrained with respect to:
*Archeological sites that were all related to historic mining but could not
be cleared during the program.
*A 5 acre disturbance limitation required by the Notice of Intent to Drill
procedures of the US Bureau of Land Management.
*International migratory bird nesting treaties that had requirements in
effect during the time drilling was performed.
Notwithstanding, the next program will include advance archeological
clearances and approvals of all phase 2 holes to be drilled. The concurrent
completion of phase 1 reclamation requirements should also allow up to nearly
5 acres of new disturbances during the phase 2 drill program.
Two of the known styles of mineralization were the copper-silver-antimony in
the Copper Hill area and the barite-lead-silver-zinc mineralization in the
Glory Hole and Old Whalen Mine areas. Three new styles of mineralization were
recognized from phase 1 assay results:
1. Anomalous molybdenum and associated metals within a de-calcified
brecciated dolomite, particularly in Hole #10 in the Black Lizard target
2. Numerous zones that contain strong iron staining with associated arsenic
in decalcified, brecciated, and altered dolomite that is similar to
alteration and mineralization in Carlin-style gold deposits.
3. More than 2,000 ppm of antimony in the bottom 10 feet of Hole #18.
All drilling was performed in the oxide zone but potential remains below the
water table where primary sulfides may occur in other deeper dolomitic
formations that may host manto-style mineralization. Feeder veins and zones
that mineralized these beds could also possibly provide high grade vein-style
mineralization in the oxide and sulfide zones.
Drilling, Sampling and Assaying Procedures and Results
Drilling the first 16 holes was performed with a blast hole drill using
percussion drilling methods. Holes 17 through 27 were drilled with a reverse
circulation rig.Drill cuttings were sampled at intervals of 5 feet and split
to typically produce 15-pound representative samples for further sample
preparation by the assay lab. All field activities, including the collection,
logging, bagging and tagging of sample splits were under the direct
supervision and custody of Clive Bailey, CPG, Qualified Person and Lead
Project Consultant. Sample splits were loaded on trucks operated by American
Assay Laboratories (AAL), transported to their facilities for sample
preparation and assayed using x-ray fluorescence (XRF) procedures for base
metals, silver, barium and other select elements. XRF was selected since it is
the best procedure for analyzing barite contents. Eight samples containing
more than 10 ppm silver as determined by XRF were fire assayed, which was 5.8%
higher than the XRF silver assays. Fire assay gold contents for the eight
samples averaged less than 0.015 ppm gold.
In compliance with US and other international QA/QC procedures, separate
blank, duplicate and standard samples were randomly submitted and assayed with
the drill sample splits. AAL also performed numerous assays using duplicates,
blanks and standards for their own internal QA/QC policies.
The Company intends to raise additional funds and drill the targets that have
been further defined from the first phase program. Additional assays have been
ordered to further quantify where contents of gold and other elements may be
helpful in understanding the geology of the main exploration targets and for
guiding future work.
About Bullfrog Gold Corp.
Bullfrog Gold Corp. is a Delaware corporation that started trading on the
over-the-counter bulletin board market on October 17, 2011 under the symbol
BFGC. In addition to the Klondike Project, the Company owns the Bullfrog Gold
Project located 3 miles west of Beatty, Nevada in the Bullfrog Mining District
that produced 2.3 million ounces of gold between 1988 and 1998. 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.Furthermore, the
Company currently has no reserves on any of its properties. As a result,
there can be no assurance that such forward-looking statements will prove to
be accurate, and actual results and future events could differ materially from
those anticipated in such statements.Additional information regarding
important factors that could cause actual results to differ materially from
the Company's expectations is disclosed in the Company's documents filed from
time to time with the United States Securities & Exchange Commission.
CONTACT: David Beling, PE, President, CEO & Director, (970) 628-1670
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