Dave Beling | CEO at Bullfrog Gold Corp. $BFGC

We are pleased to announce a new audio interview with Dave Beling, CEO and President of Bullfrog Gold Corp. $BFGC

RECENT BFGC REPORTS

>> 212RESEARCH.COM SPECIAL REPORT <<

>> Goldman Small Cap Research Report <<

>> Natural Resource Investor Report on Bullfrog Gold Corp. (OTCQB: BFGC) CLICK HERE <<


bullfrog-gold

Home | Corporate | Investors | News & Presentations | Projects | Contact

BFGC
0.09 +0.01 (+9.09%)
Last Trade: 0.09
Trade Time: 9:50am
Change: +0.01
Perc Change: +9.09%
Prev Close: 0.08
Open: 0.09
Ask: N/A
Day's Range: 0.09 - 0.09
52wk Range: 0.05 - 0.19
Volume: 6000
Avg Vol: 67627
Market Cap: 9.17M
P/E (ttm): N/A
PES (ttm): -0.01


About David Beling

  • 52 years of experience in the base and precious metal and energy mineral sectors
  • Specialized in development, financing and operation of projects and corporations
  • Significantly reviewed or examined 88 underground mines, 131 open pits and 164 process plants
  • Initially employed for 14 years by Phelps Dodge, Union Oil, Fluor, United Technologies, Westinghouse and employed or consulted for 38 years with 25+ junior companies.
  • Director of 14 US and Canadian public and private mining companies since 1981
  • Registered  Professional  Mining  Engineer – Arizona
  • Drove approval of an Environmental Impact Statement in 1994, the first for a mine in Arizona

About Bullfrog Gold Corp.

The Company’s prospective lands now include the entire Montgomery-Shoshone (M-S) pit and northern third of the Bullfrog deposit, from which Barrick Bullfrog Inc. recovered 220,000 ounces averaging 2.2 g/t from the M-S pit, 1.1 million ounces averaging 2.5 g/t from the northern Bullfrog pit and 690,000 ounces at 7.5 g/t from their underground mine. Barrick terminated mining in late 1998 and milling in early 1999, during which times gold prices averaged less than $290 per ounce.

BFGC is the only entity since 1999 to examine the Barrick electronic and paper data bases, which include 157 miles of drilling in 1,298 holes and more than 2,500 pounds of documents. BFGC recently estimated mineral inventories remaining around the Barrick mines at 470,000 ounces averaging 0.89 g/t, based on cross-sectional methods and a nominal cut-off grade of 0.3 g/t. These average and cutoff grades are higher than most heap leach projects proposed and operating in the U.S.A. The estimates are also supported by close-spaced drill holes upon which Barrick recovered a total of 2.3 million ounces from their proven and probable ore reserve estimates. As a result, these estimates could be readily and inexpensively upgraded in compliance with US and Canadian estimation standards.

BFGC has also identified significant additional mineralization and defined several exploration targets that could further enhance the project and add shareholder value. Although Barrick’s buildings and equipment have been removed, Project infrastructure and attributes include suitable access roads and pit ramps, main powerline and substation, a paved state highway that crosses the property, more water rights than foreseeably needed and a town less than 4 miles away that hosts a population of 1,000 with associated amenities and services.

Pilot heap leach tests performed by Barrick in 1995 on 844 tons containing 0.59 g/t and crushed to -1.5-inch recovered 67% of the gold in only 41 days of leaching. Cyanide and lime consumptions were less than 0.25 pound/ton and nil, respectively. Finer crushed material yielded gold recoveries up to 75%. In 1986 St Joe column leached a 22-ton composite of minus 12-inch material to simulate leaching large Run-of-Mine (ROM) sizes and remarkably recovered 49% in only 59 days of leaching. This would allow a ROM cutoff grade of 0.2 g/t or less. In this regard, Barrick did not have low cost heap leaching facilities and used cut-off grades of 0.5 g/t for pit ore and 3.0 g/t for underground ore.

The Company has a market capitalization per ounce of mineralization of less than $25 compared to $45 to $140 for most companies having similar heap leach projects.  The Company recently reduced its debt from $3.3 million to $0.3 million.

$BFGC

This newsletter/advertisement is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. westbrookradio. com is a wholly-owned subsidiary of Market IQ Media Group, Inc. (“MIQ”). as of december 5, 2016 MIQ has been compensated a total of fifty thousand  dollars from 
a third party for BFGC advertising and promotion. This 3rd party may have shares in BFGC, and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this newsletter as the basis for any investment decision. The owner/operator of Market IQ Media Group currently owns ninety nine thousand five hundred shares of BFGC which were purchased in the open market and will not be selling these shares in the next 72 hours.