June 9, 2016 - Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the “Company” or “Gold Bullion”) announces a general update on progress at the Granada Gold mine site. The Company has now mobilized equipment to commence stripping of overburden on the high-grade zone of the extended Long Bars zone in preparation for mining and shipping of ore for processing offsite to mills located nearby.