Bond Resources Inc. announced that it has established a new mine portal about 70 ft. south of the original collapsed portal on the number 4-level at the Historical Mary K Mine near Elk City, Idaho. At the current development rate, the Company expects to intersect the old mine workings by the end of March. The Mary K Vein system represents a structurally bound, epithermal system where the gold and silver is quite nuggety and not uniformly mineralized. As a result, drilling alone often provides an unreliable estimate of the overall grade of the mineralized system. The best way to determine an accurate grade of the mineralized vein is by taking a bulk sample of the system. The new portal has advanced a total of 108 ft. (33m) underground and geologists expect to break through into the historical drift workings in another 120 to 140 ft. (63.6 to 42.7m). If the old workings are in reasonable condition the first bulk sample will be ready to be mined by mid-May. The first bulk sample is expected to consist of about 2,000 to 3,000 tons of mineralized material. In addition to grade estimation, the bulk sampling process will also help to identify and constrain mineralized structures which will ultimately help refine a mine plan and potentially reduce overall dilution.