Archived News Stories
September 5, 2008
The W371 raise has been extended up approximately 125 feet and now has 6 levels. Level 6 is now being advanced along the ore vein and is anticipated to connect with the historic Robbillard workings. Good ore grades have been encountered the entire vertical extent of the raise and stoping (mining) of levels 2 through 5 will start soon.
A new decline level, designated the ILA2100 ramp, has been driven 165 feet to provide access to the lower extent of the Dean Vein. An unexpected vein was crossed where visible gold could be seen and a sample was assayed at 4.2 ounces per ton.
Gold production for July 08 was 464 fine ounces with a recovered grade of .832 ounces per ton. Preliminary results for gold production for August 08 are 466 fine ounces with a recovered grade of .859 ounces per ton. Bullion River Gold has negotiated a new contract with a large Nevada mining company to purchase the concentrates from the French Gulch property. This will lower the concentrate processing costs significantly. Important improvements needed to increase productivity and to lower costs await availability of investment income.
July 17, 2008
The fires in the area of the French Gulch Mine in Northern California are all contained. There are still fires burning in the far outreaches of the area, but, there is no immediate threat to the French Gulch property other than heavy smoke cover.
Miners continue to drill and blast upward in the W371 raise. This raise (vertical tunnel) was located in a new ore-chute discovered while drifting (tunneling) along the western extension of the Washington / Dean vein system. To date, miners have excavated the raise over 80 vertical feet above the original W371 tunnel while following the vein structure upward. The vein material has consistently assayed at ore grade (at or above .700 oz. per ton) and some select samples (as shown below) demonstrate how high the grade can be in some portions of the vein structure. As the raise is driven upward, new tunnels (sub-levels) are started horizontally to explore and develop the veins extent. We will keep you posted on the progress we make in this new ore-chute. (An ore-chute is a portion of a vein structure that is higher in gold content than the average value of the entire vein structure).
Some recent select *assay results from the W371raise stope:
| Sample 1 | 3.4805 | oz. per ton |
| Sample 2 | 1.1861 | oz. per ton |
| Sample 3 | 1.1666 | oz. per ton |
| Sample 4 | 3.6361 | oz. per ton |
| Sample 5 | 3.5000 | oz. per ton |
*French Gulch Mine Assay Lab not confirmed by outside assay lab.
May 19, 2008
Bullion River Gold Corp. Receives $2.94 Million
RENO, NEVADA — (MARKET WIRE) — May 19, 2008 — Bullion River Gold Corp. (OTC BB:BLRV.OB - News) announced today receipt of $2,120,000.00 proceeds from a private placement of common stock with Banque Pasche (Liechtenstein) S.A. and $250,000.00 from the proceeds of a private placement of common stock with an existing shareholder.
For complete news release vist: http://biz.yahoo.com/iw/080519/0398508.html