3D IP Survey Defines New Drill Targets At Sandman

VANCOUVER - Gold Bull Resources Corp. has completed a maiden 3D IP/resistivity geophysical survey at Sandman and has received encouraging initial results. The IP survey focussed at the North Hill Prospect. Highlights: Numerous gold exploration drill targets have been identified from a recent 3D IP survey; Drill program planned to commence in Q1 2021 – bond and permit transfers underway; Sandman is considered prospective for two styles of gold mineralization: High grade sulphide mineralization “feeder zones”; Oxide gold mineralization (near surface); and Updated NI43-101 resource estimate is underway and is anticipated in late January 2021

CEO, Cherie Leeden, said, “This IP data is a sensational end to Gold Bull’s first year. The 3D IP survey at our North Hill Target has illustrated that there is a strong correlation between the known mineralization and this geophysical technique. This means we will be using 3D IP in the future to define more drill targets. North Hill currently boasts a small gold resource however the source of that gold and the deeper (>150m) targets have never been drill tested, despite some highly encouraging oxide intercepts such as 7.75g/t over 3.96m from 7m from the surface. Our Exploration team is looking forward to drilling these targets and others as soon as the permits have been transferred from Newmont’s name to ours. 2021 is going to be an exciting year for Gold Bull.”