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Gold Bullion Development Corp.

03:57 PM EST - Gold Bullion Development Corp. : reported it has intersected significant mineralization northeast and southeast of its LONG Bars Zone Preliminary Block Model at the Granada Gold Property in northwestern Quebec, demonstrating the growing magnitude of the LONG Bars Zone Eastern Extension. GR-10-86, one of the southernmost holes drilled to date in the Eastern Extension (430 metres south of recently reported GR-10-55), has returned 84.6 metres grading 1.00 g/t Au within a total near-surface interval of 127.5 metres (4.5 metres to 132 metres) grading 0.76 g/t Au. Gold Bullion Development Corp. shares V.GBB are trading down $0.05 at $0.63.