Bullion Monarch Mining Inc. is pleased to announce results from ongoing gold exploration work being done on the Bom Jesus property in Brazil. Analytical and geochemical results from a recent stream sediment sampling program exceeded expectations and established a large anomaly to the west and southwest of previous exploration efforts.
Traditionally any values between 50 and 100 ppb Au would be considered anomalous. Several results were returned with over 3000 ppb gold (3 grams of gold per ton), the highest being over 20,000 ppb gold (20 grams of gold per ton). The presence of significant gold-in-soil anomalies verified by recent stream sediment survey results at Bom Jesus has extended the existing gold anomaly to over six kilometers (see attached map).
Bullion Monarch Mining’s previous drilling program in 2010 (see press releases dated April 4 and September 2, 2010) confirmed the presence of a large, hydrothermally altered system with zones of anomalous mineralization. The mineralization encountered in the drilling has been subject to geological, petrographic and laboratory studies and has confirmed the presence of extensive pottassic and propylitic alteration of granites and porhyritic host rocks indicating that we are within a large alteration system similar to Magellan Minerals’ Cuiu Cuiu project. Drilling intersections suggest we are close to, or in, the periphery of the main mineralization source or structure.