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 Gold readies for 12,000 metre drill program at Homestake Gold-Silver Project
Bravo Gold (TSX-V:BVG) confirmed that its much anticipated 12,000 meter drill program at the Homestake Project in British Columbia would kick off tomorrow.
The junior gold and silver explorer has set out multiple goals for the drill program, which will be completed with two drill rigs. One drill rig will be focused on testing both lateral and down-dip extensions of the Homestake Silver deposit. The first hole of the program will be drilled as an offset of hole HR09-165 completed in the previous drill campaign which intersected a very encouraging shallow interval of 14.5 meters grading 4.8 grams per tonne gold and 2.1 grams per tonne silver plus a deeper interval of 24.4 meters averaging an impressive 12.1 grams per tonne gold and 6.8 grams per tonne silver.
The second drill rig will focus on testing a number of exploration targets identified by Brave Gold’s geologist from previous geochemical and geophysical test work. The rig will first drill three holes approximately 1 kilometre east of the Main Homestake deposit. Previous surface mapping on the ‘East Valley’ target highlighted anomalous previous and pathfinder minerals.
Homestake Ridge currently hosts a NI43-101 indicated resource of 0.191 million ounces of gold and 1.35 million ounces of silver, plus and inferred resources of 0.348 million ounces of gold and 7.99 million ounces of silver, using a 3 gram per tonne gold equivalent cut-off.
The drill program is expected to cost approximately CDN$6 million.
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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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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07/01/10 Bravo Venture Group reports more excellent drill results from Homestake Gold-Silver Project
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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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