Bullion River Gold Corp.
FRANKFURT : BVM
OTC Bulletin Board : BLRVE

Bullion River Gold Corp.

May 31, 2005 16:00 ET

Bullion River Gold Corp. Details Activities Leading to Production at its French Gulch Mine

RENO, NEVADA--(CCNMatthews - May 31, 2005) - Bullion River Gold Corp. (OTCBB:BLRV)(FWB:BVM): Bullion River Gold is pleased to provide an update on its activities, focusing mainly on the French Gulch mine. Since the company has now acquired the French Gulch property, it is necessary to transfer all existing permits, licenses and certificates in order to start production on the mine later this year. An environmental Phase 1 study has been completed to the full satisfaction of the company by an independent consulting firm. Furthermore, metallurgical testing has revealed excellent results in recovery, +92%, for both the Lucky 7 and Washington vein systems. An internal cost calculation for capital costs as well as for production costs have been completed and will be audited by an independent consulting firm in the next weeks to come. Detailed underground mine engineering has begun and the company is negotiating with consulting companies to acquire a complete integrated engineering and cost system, using the latest mine engineering software technology available. Further, equipment is being purchased for the excavation of an underground decline, which will serve exploration and production purposes. The underground exploration continues and they have completed 46 of the 56 Phase 1 holes in the reserve definition program. Additionally, the company is conducting district exploration, which will include surface core drilling.

Peter M. Kuhn, President of Bullion River Gold Corp. states, "Our activities are focused on the French Gulch mine with the clear goal to bring this mine into production this year. All our own personal as well as our contractors and suppliers are aware of our target and are working diligently to meet that goal. All our results and findings are so encouraging that we plan to begin mining later in 2005!"

About Bullion River Gold Corp.:

Bullion River Gold Corp. is an American based mineral exploration company focusing on gold-silver deposits predominantly in the western United States. The company presently has seven properties, five of which are in Nevada. Three of these properties are considered advanced projects and two are considered grassroots projects. The two remaining properties are in California. Both of these properties are past producers.

For more information, contact Leann Pinguelo at (775) 324-4881 or at leann@bullionriver.com or visit the Company's website at http://www.bullionriver.com or the U.S. Securities & Exchange Commission's website at http://www.sec.gov/ to review Bullion River's latest filings.

This release contains certain statements that are "forward-looking" statements (as the term is defined in the Private Securities Litigation Reform Act of 1995). Any such forward-looking statements are inherently speculative and are based on currently available information, operating plans and projections about future expectations and trends. As such, they are subject to numerous risks and uncertainties, such as general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations, and other factors over which Bullion River Gold Corp. has little or no control. Actual results and performance may be significantly different from expectations or trends expressed or implied by such forward-looking statements. Bullion River Gold Corp. expressly disclaims any obligation to update the statements contained in this release.

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