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Gold Bullion announces signing of custom milling agreement with IAMGOLD – Westwood Mill and the filing of its request for Certificate of Authorization

Posted by ipso facto @ 10:11 on July 14, 2014  

VANCOUVER , July 14, 2014 /CNW/ – Gold Bullion Development Corp. (GBB.V) (GBBFF) (the “Company” or “Gold Bullion”) announces it has signed a custom milling agreement with IAMGOLD to process ore from the Granada gold property at their Westwood Mill facilities. The officers of both companies have approved this agreement.

This agreement is a win-win situation for both companies where Gold Bullion will be able to minimize its initial capital investment and IAMGOLD will be able to utilize some of the excess mill capacity at Westwood, which is expected to reduce its overall processing costs.

http://finance.yahoo.com/news/gold-bullion-announces-signing-custom-140500433.html

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.