Bullion River Gold Corp. (BLRV-OTC: BB)
Interview with:
Peter M. Kuhn, President
Business News, Financial News, Stocks, Money & Investment Ideas, CEO Interview
and Information on their
gold-silver deposits in the western U.S., chiefly in Nevada and California.

FREE 1oz SILVER BAR
JOVAP Investment is a precious metal bullion product and service provider. We sell and buy Gold, Silver and Platinum Bullion Bar
www.jovap.com

AACR Cancer Research
There will be a cure to cancer someday. Lets make this day happen as soon as possible...
Donate now to the American Association for Cancer Research.

www.aacr.org

Attract Relevant Visitors
ExpoActive allows you to promote your products or services easily and efficiently.
Get started today!

www.expoactive
Ads by ExpoActive

 

Cover Story

CEOCFO Current Issue

Cover Story Archives

Private Equity Review

CEOCFO Interview Index

Future Features

Analyst Interviews

Corporate Financials

Contact & Ordering

This is a printer friendly page!

Bullion River Gold’s vision is to be the next great American Gold Producer

wpe1.jpg (3771 bytes)

Metals
Mining Exploration
(BLRV-OTC: BB)

Bullion River Gold Corp.

1325 Airmotive Way, Suite 325
Reno, NV 89502
Phone: 775-324-4881

wpe2.jpg (6291 bytes)

Peter M. Kuhn
President

Interview conducted by:
Lynn Fosse, Senior Editor
CEOCFOinterviews.com
June 16, 2005

BIO:
Peter M. Kuhn - President

Peter M. Kuhn is a proactive senior mining executive who has overseen all aspects of mining engineering, development, production and service marketing in different facets of mining operations, from industrial minerals in open pits to underground hard rock mines. Peter received a Masters of Engineering (M.E.) from Technical University, Clausthal, Germany. His 27 years experience in the mining industry includes working in Germany, Canada, the US and South America, giving him a well rounded profile with experience in a variety of mining operations. He was President of Thyssen Mining Construction of Canada Ltd., President of the BLM Service Group. Furthermore, Peter served as Director of three public companies and is presently a Director of Capstone Gold Corp., listed on the TSX.

Company Profile:
Bullion River Gold Corp.
is a mineral exploration company focused on discovering and developing gold-silver deposits in the western U.S., chiefly in Nevada and California. The Company's goal is to become a significant gold producer as early as 2005.

Nevada is the world's third leading gold producer behind South Africa and Australia. Significant discoveries continue to be made, and Bullion River Gold is positioned to be a part of this continuing success. California is famous for its high-grade veins, which produced significant gold in the past, and its new business-oriented approach is opening up new opportunities.

From its offices in Reno, Nevada, Bullion River Gold is actively exploring a number of gold-silver properties in the most prospective mineral belts, properties with the potential to become producing mines.

CEOCFOinterviews: Mr. Kuhn, what was your vision at the start of Bullion River and where are you today?
Mr. Kuhn: “The vision was to create the next American Gold Producer. When I started in 2001 to look at properties in the United States, I was specifically looking for gold and silver properties because the United States has been the third largest producer of gold; it has very high-grade gold mines historically. I also wanted to eliminate any currency risk. Gold is traded in U.S. dollars and your income should be in the same income as your costs. I have worked all over the Americas in my past career and I have seen excellent mines taking a terrible beating because the currency market has changed drastically. If you look at South Africa for example, at the moment, the South African gold mines have been some of the most prolific ones in history. They were suffering the increase of the land vs. the U.S. dollar, so I wanted to eliminate that risk as well. I am an absolute high-grade fanatic, which means the mines I look at and the properties I look at have to have the potential of very high-grade average gold volumes because the high-grade really defines your profitability.”

CEOCFOinterviews: Will you tell us about what you have assembled?
Mr. Kuhn: “We have assembled our properties in Nevada. Nevada is the third largest gold producer in the world and high-grade properties in California. California has been a tremendous gold producer and big companies and exploration companies have neglected it in the last few years because of the political situation in California. However, I am a firm believer that if you do things right and work with the government agencies, you can work in California just as well as with any other part of the United States. We are getting a lot of good response from the government agencies. We have discovered two real gems in California with the French Gulch and the North Fork.”

CEOCFOinterviews: Will you tell us more about those properties?
Mr. Kuhn: “French Gulch is most intriguing; it has been mined until 2002. For us it is interesting because the mine still has all of the required permits, however the mine has been operating on a small-scale and it is a difficult layout in the sense that they were only horizontal drifts in and out. Certain high grades have been mined, but they were not able to extend it efficiently downwards. We know that we have the high-grade veins, which are meso- thermal veins, which means that they are likely to continue down to a significant depth and that is what we are drilling right now. The drill results, which haven been published in three press releases are stunning. Anything over an ounce of gold is fantastic for an underground mine. We really like what we are seeing there. We are also working on the engineering environmental studies; we got the Phase I environmental assessment completed right now. We had a press release yesterday with super results and particularly if one keeps in mind that these are not complicated procedures using cyanide, just gravity and floatation, which are environmentally friendly. We got results back with recoveries of between 96.5 to 99.5%, which blew us away. We were delighted to see it. We want to get the French Gulch into production this year. We expect to start a decline within the next four to six weeks, which will bring us down to lower levels. It will be the main production decline. This decline has two purposes; one is to take the drill rig down deeper and drill more in the area where we know the vein systems are and it is pre-production development as well.”

CEOCFOinterviews: What about North Fork?
Mr. Kuhn: “North Fork is the mine, I believe, which will really put us on the map. North Fork has quite a vein system and we expect to bring it into production in the next eighteen to twenty-four months. We are rehabilitation their decline. We were hampered by the storms here in California and Nevada quite a bit. The work was interrupted several times. We have now finalized our set-up; we have hooked right into the power line. Our people on the site have done a good job and are starting the underground rehabilitation very soon now; actually, we have started it now. We will be drilling somewhere this summer. The company is progressing very aggressively to bring these two mines into production as soon as we can. I repeat, French Gulch sometime this year and North Fork somewhere between eighteen and the next twenty-four months. We also continue drilling in Nevada on the five properties, which we have there. These properties are not as advanced as the two mines in California, which have been past producers; these properties have been partially drilled but we think that particularly deeper, we have very good potential to find more ore. We have two grass roots projects; one in the very prolific Cortez Trend where we are drilling right now.”

CEOCFOinterviews: Is it a deliberate mix, having properties in different stages?
Mr. Kuhn: “Absolutely! We went out and looked at the portfolio of different companies. We wanted to be the next great American producer of gold, but we also wanted to give our shareholders the blue sky for discovering a big mine here in Nevada as well. We do not have the financial means to acquire huge properties or big producing companies, so we have to find a different way of doing our own exploration and developing our properties and to see if we can have three producing mines by the year 2010.”

CEOCFOinterviews: Will you tell us about the expertise of the management team as a whole, what allows you to identify correctly the potential?
Mr. Kuhn: “I want to start with our V.P. of exploration, Dr. Jacob Margolis (MSc, PhD), whom is an excellent geologists with rare academic credential in the field experience and mining geology as well. He worked for Homestake Mining Company and AngloGold Ltd. (NYSE: AU); for AngloGold he was a geologist at the Jerritt Canyon mine. He was involved in a few discoveries here in Nevada. He was the president of the Nevada Geological Society; he knows Nevada very well, and is familiar with the systems. I was lucky to get Jake involved in our company. In the active management is our V.P. of engineering Glenn C. Blachford (BASc, P.Eng). I have worked with Glenn ever since I came to North America in 1987. He is one of the best detail engineers that I know, and I was very happy that he joined us. Our CFO, Dan Graves just recently came on-board; a very diligent individual, a great financial guy and accountant; I am very happy that we could get him on-board with our company, just as much as Leann Pinguelo who looks after the investor relations.”

CEOCFOinterviews: What are you bringing to the table?
Mr. Kuhn: “I am a mining engineer. I grew up in Germany and went to a technical university there. I have a masters of engineering degree. I worked in Germany for about four years, went into Canada in 1987 as a young engineer and worked mainly in the Uranium in the field, in Northern Saskatchewan in mining camps. I worked my way up and became vice president and entry president of Thyssen Mining Construction of Canada, which was one of the preeminent mining contractors in North America. When I was at the helm we expanded the operation from 250 to over a 1000 people. I expanded the operation to the U.S., particularly Nevada; that is where my love for Nevada comes. I also expanded their operation to South America; Chile, Brazil, and Argentina.”

CEOCFOinterviews: Will you tell us about your recent financing, and where will it take you?
Mr. Kuhn: “We have done a 4.8 million-dollar financing at seventy-five cents for the full dollar. What it has done is enable us to aggressively build these mines. We are going to spend over two million at the French Gulch and a million-and-a-half at the North Fork and we are doing small but effective drill programs on all the other properties. We are going to spend anywhere from $150 to $200 thousand in each small drill program. We are spreading the money of our investors around to our properties, which are our number-one priorities like French Gulch and North Fork. We believe this money enables us to get us tot the production level to make a production decision within the next six to eight weeks and to bring the French Gulch into production this year.”

CEOCFOinterviews: Why should potential investors be interested and what should they know that perhaps they do not realize when they first look at the company?
Mr. Kuhn: “We have our finances and we are putting the money into the ground. Last year we spent over 63% of the money in the ground, this year it will be over 80%. The focus is clearly to get the investor dollars into the ground and develop these mines so that we can go into production and develop a mid-year producer. We still have a huge blue-sky potential but we will also have solid revenues by the end of the year and that clearly separates us from all the junior mining companies.”

CEOCFOinterviews: In closing, how do you reach investors?
Mr. Kuhn: “We reach investors through an aggressive P.R. program. We field a lot of phone calls and we are going out to shows mainly in the U.S. We are reaching the communities locally and all across the U.S. Even the new companies like Bullion River, become quite well known. We have a great following in New York and a good following in California. We are expanding across the United States. We have quite a bit of work to do yet; you cannot reach everybody in such a short period of time but we can be proud of what we have accomplished so far. If we go into production by the end of the year, not many companies can say that within two years of their existence they have produced well.”


disclaimers

Any reproduction or further distribution of this article without the express written consent of CEOCFOinterviews.com is prohibited.


“North Fork is the mine, I believe, which will really put us on the map. North Fork has quite a vein system and we expect to bring it into production in the next eighteen to twenty-four months. We are rehabilitation their decline. We were hampered by the storms here in California and Nevada quite a bit. The work was interrupted several times. We have now finalized our set-up; we have hooked right into the power line. Our people on the site have done a good job and are starting the underground rehabilitation very soon now; actually, we have started it now. We will be drilling somewhere this summer. The company is progressing very aggressively to bring these two mines into production as soon as we can. I repeat, French Gulch sometime this year and North Fork somewhere between eighteen and the next twenty-four months. - Peter M. Kuhn

Newsflash!

To view Releases highlight & left click on the company name!

 

ceocfointerviews.com does not purchase or make
recommendation on stocks based on the interviews published.

.