PR NEWSWIRE) Bonanza Goldfields engages Gold Explorations LLC to develop and e
xecute exploration plan
Bonanza Goldfields engages Gold Explorations LLC to develop and execute explorat
ion plan
PHOENIX, June 30 /PRNewswire-FirstCall/ - Bonanza Goldfields Corp (BONZ:OTCBB)
is please to announce that Gold Explorations will be developing in phases for as
saying our BRB mineral claim in Arizona.
Gold Explorations LLC is privately owned, founded by H.G. McNeill and Steve Kar
olyi. The company headquarters are in the Reno, Nevada area with a field office
opening soon in Arizona.
Gold Explorations management:
Steve Karolyi
Karolyi, one of the partners in the company has over 35 years in the exploratio
n and mining industry. He was with the Falconbridge organization out of Toronto,
Canada and Kennecott Exploration, Reno, Nevada for over 20 years working under
contract. His main function was locating gold and base metal targets in Californ
ia, Arizona, Oregon and Nevada. His duties were diverse, conducting stream sedim
ent, soil and rock geochemical surveys, claim staking, installing control grids,
supervising drilling programs, contacting and dealing with land owners and vari
ous government agencies. He has been an independent prospector for the past 10 y
ears teaming up with McNeill.
H.G. (Mac) McNeill (The Pilot)
McNeill owns and operates a small Bell helicopter. He brings almost 40 years of
experience in the mining and mineral exploration business into the group. His e
xperience is indeed diversified, but his biggest asset is his uncanny ability to
recognize quality target areas from the air, identifying structures, color anom
alies and other features. Geological hot-spots often missed by ground reconnaiss
ance.
Kenneth Moore, Field Operations
Moore brings over 20 years of experience into the team. He worked for Falconbri
dge for over 6 years conducting geo-chemical surveys, surveying, performing geo-
physical surveys and operating heavy equipment. He has built and operated gold r
ecovery plants in California and Nevada. Moore was a co-owner in Great Basin Geo
-Physics for 5 years, a Nevada company that performed geo-physical surveys in th
e western states.
Steve Karolyi states "Early in the preliminary exploration stage the over 400 s
amples taken from the BRB indicate numerous anomalies. We're all very anxious to
see what the next test results reveal."
Chris Tomkinson states "We are very excited to be working with Gold Exploration
s on our BRB property in Arizona. We purchased this property knowing that early
tests were positive and further assays could prove to be beneficial to our compa
ny and shareholders."
Bonanza Goldfields Corp. was incorporated in the State of Nevada on March 6, 20
08 to engage in the acquisition, exploration and development of natural resource
properties .The BRB Claim group is currently comprised of two unpatented placer
claims (320 acres) on BLM ground in the southern part of the Vulture Mining Dis
trict, Maricopa County Arizona on the northeastern flank of the Belmont Mountain
s. The property is located along a twelve mile northwest striking mineralized tr
end where several gold and copper mines previously operated.
FORWARD-LOOKING STATEMENTS
Certain statements contained in this news release that are not based on histori
cal facts are "forward- looking statements" and are prospective. These statement
s may appear in a number of different places in this news release and can be ide
ntified by words such as "estimates", "projects", "expects", "intends", "believe
s", "plans", or their negatives or other comparable words. Forward-looking state
ments include statements regarding the outlook for Bonanza's future operations,
plans and statements about future market conditions, supply and demand condition
s, forecasts of future costs and expenditures, and other expectations, intention
s and plans that are not historical fact. Such forward-looking statements are su
bject to risks, uncertainties and other factors which could cause actual results
to differ materially from future results expressed or implied by such forward-l
ooking statements. Many of these factors are beyond the control of Bonanza. Cons
equently, all forward-looking statements made in this news release are qualified
by this cautionary statement and there can be no assurance those actual results
or developments anticipated will be realized.
Section 21E of the Securities Exchange Act of 1934 as amended, and is subject t
o the safe harbors created thereby. Such statements involve certain risks and un
certainties associated with an emerging company. Actual results could differ mat
erially from those projected in the forward-looking statements as a result of ri
sk factors discussed in Bonanza Goldfields Corp. reports that will be on file wi
th the US Securities and Exchange Commission.
SOURCE Bonanza Goldfields Corp
Contact Information:
chris@bonanzagoldfields.com
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