Sumpter Oregon Gold Property
Bullion owns a 10% interest of Gold Mountain Exploration and Development Company. Gold Mountain has a contained gold resource of 715,000 ounces of gold and gold equivalent. There has been 62,500 feet of core drilling done and exploration costs are currently approximately 10 million dollars. The property is located approximately seven miles north of Sumpter, Oregon, or 40 miles southwest of Baker City, Oregon. Bullion is currently negotiating to acquire a greater interest in this property.