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Market: TSX-V
Sector: General Mining
EPIC: BVG
Latest Price: 0.07  (0,00%)
52-week High: 0.16
52-week Low: 0.05
Market Cap: 14.19M
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Bravo Gold Corporation
www.bravoventuregroup.com

Bravo Venture Group Inc. is committed to increasing shareholder value with an experienced management team that has successfully demonstrated the ability to identify, explore and develop gold/silver properties within North America that exhibit potential for discovery.

Bravo’s exploration activities are focused in N.W. British Columbia and Nevada.  The company’s 100% owned VMS/Epithermal Homestake Ridge gold/silver Project in British Columbia is rapidly advancing with excellent drill results. Bravo also has the 100% owned Silver Basin Project which is located 14km southeast of Bravo’s Homestake Ridge project.

Full Bravo Gold Corporation profile here
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Bravo Venture Group finds more bonanza gold and silver grades at Homestake Ridge project

23rd Nov 2009, 11:42 am
Bravo Venture Group finds more bonanza gold and silver grades at Homestake Ridge project

Bravo Venture Group Inc (TSX-V: BVG; FRANKFURT: B6I) said it has intersected additional bonanza-grade gold and silver mineralization at the Homestake Silver zone and continued to return high-grade gold assays from definition drilling at the Main Homestake zone on its 100 percent owned Homestake Ridge project located in northwest British Columbia.

Initial assays from drill hole HR09-161 at Homestake Silver showed a bonanza grade intercept averaging 51.9 grams per tonne gold and 2,592 g/t silver, 2.8 percent lead and 3.0 percent zinc over a 1.9 metre interval within a 4.8 metre interval averaging 25.9 g/t gold and 1,358 g/t silver which is contained within a 7.0 metre interval averaging 18.2 g/t gold and 946 g/t silver.

Assays from intervals above and below this intercept are pending.

Hole HR09-161 has extended the eastern projection of the gold-rich, high-grade vein, first encountered in previously reported drill holes HR09-146 and has offset these holes 90 metres and 110 metres respectively.

Three additional holes, which were drilled as part of the 2009 exploration program and for which assays are not yet available, have tested the projection of the primary vein a further 175 metres to the east. Drilling at the Homestake Silver zone from 2007-09 has now identified high-grade silver and gold mineralization, in sometimes multiple veins over a 350 metre strike-length. Mineralization is open down-dip along this full strike-length.

At the Main Homestake zone, drill hole HR09-154 intersected a 5.9 metre interval averaging 8.5 g/t gold and 5.9 g/t silver within a 47.5 metre interval of 1.8 g/t gold and 1.8 g/t silver. This hole, which tested an approximate 30 metre lateral projection of previously reported mineralization in drill holes HR08-120 and HR09-152, better defines the distribution of high-grade mineralization within this horizon.

Bravo has now completed the 2009 exploration program at the Homestake Ridge project and crews are in the process of de-mobilization. A total of 48 holes have been cored on the property for 13,436 metres during this year's program. Assays from 13 drill holes are pending.

Bravo started the latest drilling programme in July 2009. Prior to the latest drilling, the project already hosted a NI43-101 compliant inferred resource of 0.9 million ounces of gold and 5.745 million ounces of silver in 11.9 million tonnes of ore with an average grade of 2.36 grams per tonne gold and 15 grams per tonne silver.

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