Bonanza Goldfields acquires Claim No. 4 to capitalize on large gold vein target in the BRBadmin
Bonanza Goldfields Corp. announced that it has completed the strategic acquisition of a 160-acre unpatented placer mining claim (Claim # 4) located in the Northeast 1/4 Section 29 on the Black Rock Basin (BRB) in Mariopa County, Arizona. The property lies adjacent to the Company’s recently acquired BRB Claim # 3, which was announced on September 24, 2009.
“This recent acquisition is a potential boon for our shareholders. Combined with Claim # 3, we have double the capacity to capitalize on a prolific vein near the surface of the BRB. Future mapping and sampling along the vein will focus on small, specifically targeted areas. New exploratory programs in the near future will be designed to optimize results and have minimal impact to the environment,” said Chris Tomkinson, president of Bonanza Goldfields Corp. “Gold Exploration shares our commitment to deploy innovative, eco-friendly and cost-effective exploratory drilling programs.