Bonanza Goldfield Expands Cupid Gold Project; Reduces Debt by Almost 50%

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Jan 23, 2020
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LAS VEGAS, NV / ACCESSWIRE / January 23, 2020 / Bonanza Goldfields Corp. (OTC PINK:BONZ) is pleased to announce that it has increased the size of its Cupid Gold Project to 1,064 acres from 217 acres. The Cupid Gold Project now covers substantially all of the area of outcropping alteration / mineralization formerly included in the Kinross CPD property. The Cupid Gold property is located in Esmeralda County, Nevada 15 miles south of Goldfield. The Goldfield Mining District produced 4,160,000 ounces of gold and 1,440,000 ounces of silver from 1907 to 1951. The gold deposits at Goldfield are associated with alunite, which is also abundant along the eastern portion of the Cupid Gold property.