Gold Bull Resources Corp. (GBRCF)

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Upadate Nevada Geothermal Power Inc. (NGP) owns a 100% interest in the 49.5 MW Blue Mountain 'Faulkner 1' geothermal power project located in Humboldt County, Northern Nevada. The property covers 10,984 acres (17.2 square miles), located 21 miles (34 km) from the state electrical transmission grid.

NGP's 'Faulkner 1' geothermal power plant was placed in service October 12, 2009, four months ahead of schedule.


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Acutually just seen this company on the news they recently got a huge government loan and closing on the loan with John Hancock Financial Services, the lender-applicant and lead lender, are the first geothermal proponents to access a Department of Energy (DOE) commercial loan guarantee through the Financial Institution Partnership Program ("FIPP"), a program supported by the 2009 American Recovery and Reinvestment Act should be sometime end August.

http://www.nevadageothermal.com/s/Home.asp


Recent News:

Nevada Geothermal Power's Faulkner 1 Geothermal Development will be First to Access a Loan Guarantee Under the Department of Energy's Financial Institution Partnership Program
11:50a ET June 15, 2010 (Business Wire)
Nevada Geothermal Power Inc. (NGP), (TSX.V: NGP, OTCBB: NGLPF) is pleased to announce that it has received a conditional commitment from John Hancock Financial Services as lead lender for a $US98.5 million loan and an offer for a conditional commitment from the U.S. Department of Energy (DOE) as loan guarantor for up to 80 percent of the loan amount.


Nevada Geothermal Power Inc. -- Record Power Production at Faulkner 1 and Financing Update
2:24p ET May 10, 2010 (Business Wire)