PHOENIX, AZ, March 22 /PRNewswire-FirstCall/ - Bonanza Goldfields Corp (BONZ:OTCBB) announced today that it is half way through its extensive 3000 feet of trenching program of their two unpatented placer claims (320 acres) located in the Vulture Mining District, Maricopa County Arizona on the northeastern flank of the Belmont Mountains.
Chris Tomkinson states "we are ahead of schedule and looking to be complete sometime at the end of this week. Then our property managers Gold Explorations will dry, split, bag, label and box samples for shipping early next week. We will be providing updates all this week with comments from our property managers as well as adding trenching photos to our website."
About Bonanza Goldfields Corp.
Bonanza Goldfields Corp. engages in the acquisition, exploration and development of natural resource properties in the United States, primarily in the State of Arizona. The Company owns the mining rights to two unpatented placer claims in the Black Rock Basin (BRB), located on 320 acres of BLM ground in the southern part of the Vulture Mining District, Maricopa County Arizona on the northeastern flank of the Belmont Mountains. Over the past two years, Bonanza has taken over 400 soil and rock chip samples from the BRB claims. Prior samples indicate gold up to 0.10 oz per ton, silver up to 7 oz per ton, lead over 20% and zinc over 30% per ton with some copper. For more information on Bonanza Goldfields Corp., please visit www.bonanzagoldfields.com