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Gold Bullion Development Corp. (GBB, TSX.V) (the "Company" or "Gold Bullion") is pleased to report that GENIVAR, its geological consultant and a leading Canadian engineering firm with operations worldwide, has commenced a Baseline Environmental Study for the Granada Gold Property. Gold Bullion, which will be releasing a LONG Bars Zone exploration update and additional drill results this week, is aggressively exploring Granada, located five kilometers south of Rouyn-Noranda in northwestern Quebec, as a potential near-surface deposit along the prolific "Cadillac Trend" where numerous multi-million ounce deposits have been discovered and developed.

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