Bravo Announces Mobilization to Homestake Ridge

 

 

VANCOUVER - Bravo Venture Group Inc. reported that field crews have mobilized to the Alice Arm camp in preparation for the start of drilling at its wholly owned Homestake Ridge Au-Ag-Cu deposit located 32km southeast of Stewart, within the Eskay Creek region of northwestern British Columbia.  Bravo plans an aggressive +$5.0 million drilling program consisting of approximately 8,500 metres in up to 40 drill holes. The 2009 program will also include a 630 line-kilometer airborne geophysical survey to be followed by surface exploration.  Initial drilling will test vertical and lateral extensions of high-grade mineralization encountered in drill holes HR08-87 (52.5 metres grading 21.0g/t Au and 11.6g/t Ag including 7.7 metres of 181.6g/t Au), HR08-118 (62.5 metres averaging 6.1g/t Au and 11.3g/t Ag including 8.5 metres grading 30.3g/t Au) and HR08-120 (69.7 metres averaging 6.1g/t Au and 15.3g/t Ag including 7.1 metres grading 27.9g/t Au and 37.2g/t Ag) and explore for possible bonanza-grade feeder faults beneath the known stratabound mineralization. All mineralized intervals are reported as estimated true thickness.  Additional drilling will test the NW extensions of the Main Homestake zone and the continuity of mineralization between the Main Homestake zone and the Homestake Silver zone, located 600 metres to the southeast. Drilling during the 2008 season at the Homestake Silver zone returned high-grade values of up to 587g/t Ag and 1.0g/t Au over 3.5 metres from drill hole HR08-98 and in the Main Homestake zone, drill hole HR08-99, 29.2 metres averaging 8.4g/t Au and 345.6g/t Ag including 9.4metres of 24.9g/t Au and 1042.9g/t Ag and 1.4 metres of 152.5g/t Au and 6075.7g/t Ag. Two drill rigs are to start drilling on the Main Homestake zone in mid-July.

The company’s address is Suite 1100, 1199 West Hastings Street, Vancouver, BC V6E 3T5, 604.684.9384, fax: 604.688.4670.