Gold Stocks; GOLD BULLION INITIATES DRILL PROGRAM ON CASTLE SILVER MINE, GOWGANDA

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Vancouver, British Columbia - March 1, 2011 (Investorideas.com Mining stocks Newswire) - Mr. Frank J. Basa reports: Gold Bullion Development Corp.
GBB
(Other OTC:GBBFF.PK) (the "Company" or "Gold Bullion") announces that it has initiated a drill program on its Castle Silver Mine property. The Company's Castle Silver Mine property, located 85 kilometres northwest of the historic silver camp in Cobalt, Ontario consists of 34 leased mining claims and two licenses of occupation located in Haultain and Nicol Townships, covering approximately 564.4 hectares. The mine has been in operation at various times from 1917 to 1989 and produced a total of 763,127,010 grams of silver from the No. 3 shaft. This included Agnico-Eagle Mines Ltd.'s production from 1979 to 1989 which came to 101,024 tonnes milled; 91,421,294 grams silver; 34,597 kilograms cobalt and 10,180 kilograms copper. Operations shut down in 1989 due to low silver prices. The Company has initiated an orientation IP geophysical grid across the property in order to test its application in identifying silver-cobalt veins, potentially identifying Archean base metal sulphide mineralization which is known to control silver mineralization in certain mines, mapping the stratigraphy of the Nipissing diabase and identifying and mapping location of low-angle faults which are possible significant mineralization indicators. Additionally, a drill program begun mid-February, 2011 is underway. The program is planned to reach a total of 6000m and is intended to test for continuation of known structures as well as test horizons within and adjacent to the Nipissing diabase sill previously unexplored in the Gowganda area. Historically, exploration in the Gowganda - Elk Lake area has focused on the upper 1/3 of the Nipissing diabase sill and most of the resulting historic production from the Gowganda area has been mined from this horizon. However, an estimated 75% or more of the silver mined from all the silver mines between Gowganda and Silver Centre in South Lorrain south of Cobalt, Ontario - has been mined from outside this horizon. Compilation of all existing and available information on the property is well underway and will be digitized in 2011 to allow a more thorough analysis of the geology and known mineralization. A great deal of information and historic underground geological information has recently been acquired and is currently being added to the existing database. Gold Bullion has recently contracted an engineering firm for the development of a limited scope closure plan to allow for the opening of the first level from an adit entrance for sampling and mapping purposes. This will be two-stage process allowing initial access while continuing the permitting for dewatering the mine to allow a re-analysis of the existing workings below the first level. About Gold Bullion Development Corp. Gold Bullion Development Corp. is a TSX Venture listed junior natural resource company focusing on the exploration and development of its Granada Gold Property near Rouyn-Noranda, Quebec, and its high grade Castle Silver Mine in Gowganda, Ontario. For more information on Gold Bullion Development Corp. (TSX-V: GBB, OTC PK: GBBFF), visit our web site: http://www.GoldBullionDevelopmentCorp.com Qualified Person Mr. Doug Robinson, P.Eng., is the qualified person as defined by National Instrument 43-101 who supervised the preparation and verification of the technical information in this release. "Frank J. Basa" Frank J. Basa, P.Eng. President and Chief Executive Officer Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Visit the GBB showcase profile at Investorideas.com Request News and Info on GBB Disclosure, Disclaimer/ GBB is a paid advertising client on Investorideas.com and our mining portals. On Tue, Mar 1, 2011 at 10:33 AM, Andrew Alexander wrote: Here you go Alex: http://www.benzinga.com/markets/11/03/895075/energy-stocks-trading-alert-aroway-energy-inc-trading-up-over-3-on-over-400-000 Andrew -------------------------------------------------------------------------------- From: Alex Wan [mailto:alexwan89@gmail.com] Sent: Tuesday, March 01, 2011 1:30 PM To: Andrew Alexander Subject: next news Hey andrew, heres the next news. same tickers. Entities: oil, gas, energy, stocks, investments. Stocks: TSX.V:ARW title: Energy Stocks Trading Alert; Aroway Energy Inc. (TSX.V: ARW) Trading up over 3% on over 400,000 Shares body: Point Roberts, WA. March 1, 2011 (Investorideas.com Newswire) - www.InvestorIdeas.com and its leading Energy investor portals, announces a technical stock trading alert and stock chart for showcase Aroway Energy Inc. (TSX.V: ARW) The stock's average daily volume of 157,306 has been tripled in today's trading, with a current volume of 435,000 shares. Aroway Energy Inc. (TSX.V: ARW) Recent News: Aroway Energy Inc. (TSX-V: ARW; PINK: ARWJF) Executes Option on Additional 29 Sections "CALGARY, ALBERTA - February 14, 2011 (Investorideas.com energy stocks newswire) - Aroway Minerals Inc. (TSX-V:ARW; PINK:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to announce that the Company and its joint venture partner ("Partner") have entered into a rolling farmout agreement ("Agreement") with a private oil and gas company (the "Farmor") with access to 29 sections, of 3D seismically defined land (the "Lands") located within the Company's and its Partner's core area of interest in the Peace River Arch area of Northern Alberta. The terms of the agreement commit the Partnership to drill 1 well on the Farmor's Lands before February 28, 2011, and a second well on the Lands before August 1st, 2011. Each well drilled on the Lands earns the spacing unit. The Partnership will also have the option to continue the Agreement by committing to drill a well on the undrilled Lands every 90 days from the rig release of the previously drilled well, subject to weather and ground conditions. Together with its partner, the Company also purchased approximately 45 square kms of proprietary 3D data which covers a substantial portion of the Agreement Lands, for $330,000 net to Aroway. The Company's Partner has already identified several drillable prospects within the Agreement Lands.” Full Article: http://www.investorideas.com/CO/ARW/news/2011/02141.asp About Aroway Energy Inc.: Aroway Energy Inc. is junior oil and gas exploration Company focused on high working interest non-operated oil and gas exploration prospects. Aroway is currently participating in two exploration wells which are programmed to a total depth into the Leduc formation in the Peace River Arch area of Alberta. The Company will pay 75% of all costs to earn 50% of all revenues in the exploration program. Contact Aroway Energy Inc Judy-Ann Pottinger Aroway Energy Inc. (604) 304-4090 or Cell: (604) 617-5290 (604) 909-2679 (
FAX
) jpottinger@arowayenergy.com www.arowayenergy.com (647) 258-3311 or Toll Free: (888) 258-3323 Investor Cubed Inc. (416) 363-7977 (
FAX
) info@investor3.ca Visit the company's showcase page at http://www.investorideas.com/CO/ARW/ Visit the Company's website at www.arowayenergy.com About Investor Ideas Oil and Gas portal: OilandGasStocksNews.com is a global meeting place for investors and industry following the energy sector, within Investorideas.com. Global visitors use the site daily to research the latest news, articles, audio, research reports and our oil and gas and natural gas stock directories. Investorideas.com features third party research in multiple industry sectors including energy, biotech and mining. More third party research reports can be found at http://www.investorideas.com/Research/. Disclaimer: The following Aroway Energy Inc news is paid for on behalf of ARW ($2000) per month. Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp C Van Zant: 800-665-0411 - cvanzant@investorideas.com Source - Investorideas.com
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