Gold Bullion Development Corp. (GBB, TSX.V) (the "Company" or "Gold Bullion") is very pleased to report that Phase 2 drilling at its Granada Gold Property has delivered the best near-surface assay result yet. In addition, the geological interpretation of the LONG Bars Zone - in particular the growing Eastern Extension where visible gold has been intersected within porphyry in numerous holes - is evolving after 18,000 metres of drilling the past four months. Gold Bullion is aggressively exploring Granada, located five kilometres south of Rouyn-Noranda in northwestern Quebec, as a potential open-pit deposit along the prolific "Cadillac Trend" where numerous multi-million ounce deposits have been discovered and developed.