Bravo Reports Additional High-Grade Silver
VANCOUVER, BC - Bravo Venture Group Inc. reported new bonanza-grade silver assays from two drill holes on its 100 percent owned Homestake Ridge project in NW British Columbia. One hole, which is located along the southeastern margin of the Main Homestake deposit, extends high-grade silver mineralization laterally to the southeast and toward the second drill hole, located an additional 600 metres to the southeast at the Homestake Silver zone.
The bonanza-grade intercept from the Main Homestake deposit includes a 2.2 metre interval (estimated true thickness) averaging 3.9g/t Au and 2,118g/t Ag within a broader 15 metre interval grading 1.24g/t Au and 399g/t Ag from drill hole HR08-111. The mineralization in hole HR08-111 laterally offsets mineralization in holes HR08-114 (1.9m of 1.6g/t Au and 322.4g/t Ag) and HR06-28 (2.5m of 16.7g/t Au and 27.1g/t Ag), and continues to demonstrate both continuity within the hangingwall silver horizon of the Main Homestake deposit and the high-grade precious-metal potential along strike to the southeast of the deposit. The hangingwall silver horizon overlies the majority of the gold-rich mineralization at the Homestake deposit.
The company also reported a bonanza-grade silver intercept from the Homestake Silver zone, where drill hole HR08-98 returned a 1.2 metre interval averaging 2.0g/t Au and 1,672g/t Ag within a strongly anomalous 51.6 metre thick interval averaging 0.2g/t Au and 72g/t Ag.
Drill holes HR08-98 (Homestake Silver zone) and HR08-111 (Main Homestake zone) are 600 metres apart and are separated by an area largely untested by drilling. However, a strong southeast-trending silver-in-soil anomaly (values 8ppm to 30ppm Ag) from 2004 surface sampling and a coincident ground magnetic geophysical anomaly outline a mineralized trend which links the southeast extension of the Main Homestake deposit and the northwest margin of the Homestake Silver zone. High-grade silver mineralization occurs at roughly the same stratigraphic interval in both of these holes and demonstrates the potential for not only a significant lateral extension of the hangingwall silver zone towards the southeast, but also the potential for additional gold-enriched targets underlying the silver mineralization in the lower parts of the stratigraphy. Total cumulative strike-length of the combined Main Homestake and Homestake Silver zones now exceeds 1,400 metres.
The company's address is Suite 1100, 1199 West Hastings Street, Vancouver, BC V6E 3T5, 604.684.9384, fax: 604.688.4670, email: [email protected].