MESA, Ariz., Aug. 10, 2010 (GLOBE NEWSWIRE) -- B2 Digital, Inc. (Pink Sheets:BTDG) announced today its wholly owned subsidiary Castle Creek Silver filed claims adjacent to the Gold Bar mine, which is concurrent to its Black Rock GB group of mining claims.
Castle Creek Silver is currently developing a work plan to establish the extent of the breccia pipes which internal studies show extend from the Gold Bar property. Once internal studies are confirmed, Castle Creek plans to move towards drill testing in order to evaluate the anomalies below surface.
As previously announced, the Black Rock GB group of mining claims is comprised of approximately two hundred acres and covers ten unpatented mining claims in the Black Rock Mining District in Yavapai County, Arizona. In central Arizona, Yavapai County ranks first among the gold producing counties, having produced over 3,500,000 ounces of lode gold and over 300,000 ounces of placer gold. The Black Canyon City district is in the southeast part of county, located between east foothills of the Bradshaw Mountains and the Aqua Fria River. The total production for the Black Canyon District is around 50,000 ounces of gold.
B2 Digital President, Paul LaBarre stated, "We are pleased to see that a work plan is being identified and a consulting geologist has been retained to explore the property and review our internal studies on the claim."
Mr. LaBarre continued, "As the long-term trend for gold and other commodity prices appears to be rising, we are expanding our exploration effort to include not just silver, but gold and uranium. As we continue to build our mining subsidiary, we will consider other minerals that present similar favorable long-term demand-supply trends."
About B2 Digital
B2 Digital is a technology development company with interests in various media sectors involving the use of B2 Digital's technology development experience, which is dedicated to shareholder value through the acquisition and development of promising 21st century businesses, within the technology sector and outside of the technology sector. More information on B2 Digital can be found at http://www.b2digital.us.
About Castle Creek Silver
Castle Creek's strategy is to become a mid-tier silver producer through an aggressive acquisition and development plan focused on advanced-stage projects with known silver resources exhibiting potential for expansion. Castle Creek Silver is primarily focused on pursuing early and advanced stage silver-based opportunities in North America, South America, and Mexico. More information on Castle Creek Silver can be found at http://www.castlecreekmining.com.
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result certain risk and uncertainties, including but not limited to those detailed from time to time in the Company's filings with Pink Sheets.com. Mining projects are subject to numerous risk factors including changing regulations, volatile commodity prices, and others factors that may preclude production should commercially viable reserves be established on a property and exploration plans dependent on funding and approval of any required permits. Please review on www.pinksheets.com as posted: July 29, 2010, Exhibit 1.02, Page 1 "Risk Factors".