Gold Bull Resources Corp.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Cherie Leeden
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 1030 West Georgia Street Vancouver BC Canada V6E 2Y3
- IPO Date
- Jan 8, 2021
- Website
- goldbull.ca
- Similar Companies
- Business
- Gold Bull Resources Corp. (TSXV:GBRC, OTC:GBRCF) operates as a gold-focused mineral exploration and development company with a portfolio of prospective projects located in Nevada, USA. The company holds 100% interest in the flagship Sandman Project, comprising 761 mineral claims covering approximately 117 square kilometers in Humboldt County, Nevada, which hosts a 2021 NI 43-101 mineral resource estimate of 494,000 ounces of gold including 433,000 ounces indicated; and the Big Balds Project, consisting of 120 lode mining claims located south of Elko, Nevada, along the prolific Carlin and Bida Trends. A 2023 Preliminary Economic Assessment for Sandman outlines a conventional heap leach operation with initial capital of US$31.6 million, post-tax IRR of 81%, NPV of US$121 million at US$1,800/oz gold, average annual production of 38,000 ounces over a nine-year mine life, and all-in sustaining costs of US$1,337/oz. Gold Bull Resources targets mid-tier gold production through advancement of these fully permitted and funded assets in the Northern Nevada Rift and Carlin Trend, serving institutional and retail investors in the precious metals sector. Formerly QX Metals Corp., the company changed its name in August 2020 and is headquartered in Vancouver, British Columbia, Canada. In December 2024, Gold Bull entered into a definitive agreement to be acquired by Borealis Mining Company Limited (TSXV:BOGO) pursuant to a plan of arrangement, whereby Borealis will issue 0.93 shares for each Gold Bull share at an implied price of $0.60 per share representing an 86% premium to recent trading; upon closing expected in early 2025 subject to shareholder and regulatory approvals, Gold Bull shareholders will own 14% of the combined entity, providing continued exposure to Sandman and Big Balds alongside Borealis' permitted Borealis Mine while Borealis commits to advancing Sandman to feasibility study and production.
Borealis Announces Closing of Gold Bull Resources Acquisition
Borealis Announces Closing of Gold Bull Resources Acquisition
Gold Bull Announces Shareholder Approval, Receipt of Court Approval and Expected Closing Date of Borealis Arrangement
Gold Bull's CEO Annual Address
Borealis Mining Announces Acquisition of Gold Bull Resources
Borealis Mining Announces Acquisition of Gold Bull Resources
Gold Bull provides Sandman Update
Gold Bull Closes Over-Subscribed Private Placement of $1.36 Million
Gold Bull Announces $1 Million Non-Brokered Private Placement
Gold Bull's CEO Annual Address Reiterates Investment Opportunity
Gold Bull's Sandman Project Revised PEA Phase 2
Gold Bull Resources expects first assays from Sandman drilling in March
Gold Bull Confirms Excellent Gold Metallurgical Recoveries at Sandman