Bravada and Fortune River Project Update VANCOUVER, BC - Bravada Gold Corporation and Fortune River…
Bravo Starts 2010 Exploration Program Commences At Homestake Ridge
Bravo Starts 2010 Exploration Program Commences At Homestake Ridge
VANCOUVER, BC – Bravo Gold Corp. reported that crews have mobilized to the Alice Arm camp in preparation for the start of the 2010 exploration program at the Homestake Ridge project, located 32km southeast of Stewart in northwestern British Columbia.
Bravo plans a +$6 million, +12,000 metre two-drill program that will focus on expanding the resource in the Homestake Silver deposit, exploring the region between the Main Homestake and the Homestake Silver deposits, and conducting initial drilling on six geophysical exploration targets identified in the 630-line km airborne geophysical program conducted last season. Coast Mountain Geological Ltd. has been retained to manage field and drill operation for the project.
Bravo will mobilize one rig to test lateral and down-dip extensions of the Homestake Silver deposit initially offsetting hole HR09-165, which returned two thick mineralized intervals: a shallower interval of 14.5 metres (est. true thickness) averaging 4.8g/t gold and 2.1g/t silver and a deeper interval of 24.4 metres averaging 12.1g/t gold and 6.8g/t silver.
The company will mobilize a second drill that will test multiple geochemical and geophysical exploration targets throughout the property. This rig will start with three drill holes on the East Valley target, located approximately 1000 metres due east of the Main Homestake deposit, where surface mapping has identified detrital iron-sulphides in hangingwall sediments and where surface sampling has returned anomalous precious and pathfinder (As-Sb) metals.
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