GRAND JUNCTION, Colo., March 19, 2013 (GLOBE NEWSWIRE) -- Bullfrog Gold Corp. (OTCBB:BFGC) ("Bullfrog" or the "Company") is pleased to announce it has staked an additional 160 lode mining claims around its Newsboy Project located 45 miles NW of Phoenix, Arizona. These claims were duly recorded on March 15, 2013 with the US Bureau of Land Management and Maricopa County in Arizona.
Many shallow shafts, prospect pits and significant mineralized outcrops are present on these new claims, but no significant exploration has been conducted and there are no records of historic production. Project land holdings now approximate 7,400 acres within 250 lode claims, 12 placer claims, 3 State Exploration permits and two patented claims, much of which has been intensely altered by hydrothermal mineralizing solutions.
The Company's Phase 3 drill program was completed on March 9, 2013 and included 8,340 feet of drilling in 26 holes. Results on the first five holes in the Queen of Sheba area were released on February 25, 2013. Remaining Phase 3 results will be released upon receipt and study of final assays and drill data. Upon converting all relevant historic drill data in electronic format, the Company plans to engage an independent group to update resources before the end of 2013.
About Bullfrog Gold Corp.
Bullfrog Gold Corp. is a Delaware corporation that also controls two projects in Nevada, one of which is in the Bullfrog District that produced 2.5 million ounces of gold between 1988 and 1998 and the other has good potential for shallow silver with base metal and barite byproducts. More information on the Company and its projects may be obtained from www.BullfrogGold.com, or by emailing info@BullfrogGold.com.
The Bullfrog Gold Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=16223
Cautionary Note Regarding Forward Looking Statements
This press release may contain certain "Forward-Looking Statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein including those with respect to the objectives, plans and strategies of the Company and those preceded by or that include the words "believes," "expects," "given," "targets," "intends," "anticipates," "plans," "projects," "forecasts" or similar expressions, are forward-looking statements that involve various risks and uncertainties. The Company is presently an exploration stage company. Exploration is highly speculative in nature, involves many risks, requires substantial expenditures and may not result in the discovery of sufficient mineral deposits that can be mined profitably. Furthermore, the Company currently has no reserves on any of its properties. As a result, there can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Additional information regarding important factors that could cause actual results to differ materially from the Company's expectations is disclosed in the Company's documents filed from time to time with the United States Securities & Exchange Commission.
CONTACT: Contact Information: David Beling, PE, President, CEO & Director, (970) 628-1670
Source:Bullfrog Gold Corp.