Warke buying at Bullfrog Gold (BFG)

Warke buying at Bullfrog Gold (C:BFG)

Richard William Warke, a 10% Holder, acquired 6,500,000 Common Shares on an indirect ownership basis for registered holder Augusta Investments Inc. at a price of $0.230USD through a private transaction on December 30th, 2020. This represents a $1,908,965 investment into the company's shares and an account share holdings change of 6.2%.

The Bullfrog Gold properties host a NI 43-101 compliant Mineral Resource including 16 Mt at 1.02 g/t Au for 525,000 ounces in the measured and indicated categories and 2.84 Mt at 1.20 g/t Au for 110,000 ounces in the inferred category. These resources were estimated in 2017 and are based on a $1,200/oz gold price. Surface sampling studies and more recent drill results outline exploration potential and an opportunity to expand the existing resource.