04:00 PM EST - Gold Bullion Development Corp. : reported that it has received positive Phase 1 metallurgical results from its 100% owned Granada Gold Property in northwestern Quebec. The purpose of the Phase 1 metallurgical test work by Gekko Systems of Victoria, Australia, was to compare the amenability of the Granada gold mineralization to gravity, flotation and cyanide processing steps. Gold Bullion Development Corp.
shares V.GBB are trading up $0.05 at $0.65.