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Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the “Company” or “Gold Bullion”) has mandated SGS Geostat (“SGS”) to review several options including the capacity of local milling alternatives in addition to on-site milling at the Granada property. Due to general market conditions, local excess milling capacity may now be available that will allow the Company to more efficiently process mineralized material from Granada. Test work is currently underway to evaluate the suitability and efficiency of various custom milling circuits. In addition to the open pit scenario previously referred to in the Company’s press release dated November 13, 2013, the Company has mandated SGS to review the underground-mineralized material to be processed during the rolling start phase of the Granada Gold Mine property development. To date, the associated mining costs were determined based on using a primary mining contractor with blasting activities subcontracted. The costs anticipated at this stage are in line and consistent with previous Company expectations.

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