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Additional Information
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 Gold readies for 12,000 metre drill program at Homestake Gold-Silver Project

17th Jun 2010, 6:14 pm
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.

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