Gold Bullion Development Corp. (GBB, TSX.V) (the "Company" or "Gold Bullion") is pleased to announce significant progress in the development of its 100% owned Granada Gold Property as a potential bulk tonnage, open-pit deposit. The Granada Gold Property ("Granada") is located five kilometers south of Rouyn-Noranda, Quebec, along the prolific "Cadillac Trend" which has produced numerous multi-million ounce gold deposits.