Bravo Gold Corporation
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.
Bravo Venture Group reports more excellent drill results from Homestake Gold-Silver Project
Bravo Venture Group (TSX-V: BVG)(“Bravo”) may have completed hits 48 hole, 14,400 metre drill campaign at the Homestake Ridge Project, but excellent assay results are still trickling back from the labs. Last night the junior exploration company, reported high grade gold intercepts in two step out drill holes. The two holes extended both the width and lateral dimensions of the mineralization at the Homestake Silver Deposit, which is located just 700 metres south-east of the Main Homestake deposit.
Drilling highlights included multiple high grade gold intercepts in HR09-165, including (estimated true thickness) 24.4 metres @ 12.1 grams per tonne (g/t) gold (Au) and 6.8 g/t silver (Ag), including a bonanza grade 2.4 metres @ 87 g/t Au and 22.1 g/t Ag. The same hold also intercepted an additional 14.5 metre interval @ 4.8 g/t Au and 2.1 g/t Ag, which included a higher grade 2.5 metres @ 10.4 g/t Au and 3.3 g/t Ag. A third intercept was also recorded; 2.7 metres @ 10 g/t Au and 134.3 g/t Ag. Drill hole HR09-163 also cut through noteworthy gold-silver mineralization, intersecting 3.5 metres @ 2.9 g/t Au and 155.7 g/t Ag, which was with a much larger interval of 40.4 metres averaging 0.3 g/t Au and 49.8 g/t Ag.
“Thick intervals of high-grade gold mineralization in drill holes HR09-164 and HR09-165 have significantly increased both the thickness and lateral extent of this gold-enriched portion of the Homestake Silver zone,” Bravo stated. “Both holes are significant step outs of at least 100 metres from prior mineralized intercepts and are entirely open along strike to the northwest and at depth. Drilling at the Homestake Silver deposit from 2007 to 2009 has identified high-grade silver and gold mineralization, sometimes in multiple horizons, over +500 metres of strike and 400 metres of dip. Mineralization remains open down-dip along this full strike-length. “
Bravo additionally reported that mineralization intersected in drill hole HR09-164, which had been previously reported, had been expanded to 33.2 metres averaging 1.5g/t gold and 5.1g/t silver, which included a 3.6 metre interval averaging 7.9g/t gold and 37.5g/t silver.
Shares in Bravo jumped nearly 9% on the news.
Other Bravo Gold Corporation articles
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19/04/10 Bravo Gold Corp's Next Season could be a Company Maker
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06/10/09 Bravo Venture hits more bonanza gold and silver grades at Homestake Ridge
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02/04/09 Bonanza gold and silver grades bode well for Bravo Venture Group
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01/10/08 Bravo Reports Additional Results from Homestake Ridge
Other Bravo Gold Corporation news
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01/09/10 Bravo Gold to raise up to $3 million to fund larger drill program at Homestake Ridge
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17/06/10 Bravo Gold readies for 12,000 metre drill program at Homestake Gold-Silver Project
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15/05/10 Bravo Gold’s Homestake better suited to underground mining techniques
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18/03/10 Bravo Gold plans 12,000 meters of drilling to expand Homestake Silver
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04/02/10 Bravo Venture Group acquires Agnico-Eagle property in Cortez Mining District
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11/01/10 Metallurgical results from Homestake Ridge Gold-Silver Project give Bravo Ventures a boost
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07/12/09 Bravo continues to expand understanding of Homestake Ridge Gold-Silver Project
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23/11/09 Bravo Venture Group finds more bonanza gold and silver grades at Homestake Ridge project
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10/11/09 Bravo Ventures Extend Projections of the Gold-Silver Mineralization at Homestake
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27/10/09 Bravo Venture Group cuts 11.9 meters averaging 13 grams per tonne gold at Homestake
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