Drilling Begins Baxter Gold And Silver Property

VANCOUVER - Bravada Gold Corporation has received notice that Kinross Gold Corporation has commenced drilling at the Baxter property, located in the Walker Lane Gold trend of western Nevada. Approximately 2,500 meters of reverse-circulation drilling are planned in ten holes. The drill targets are based primarily on extensive work completed by Kinross in 2015, which included mapping, rock-chip and soil sampling over the expanded claim block, conducting detailed ground gravity and air-borne magnetics/radiometrics over the entire claim block, and conducting mineralogy studies to identify clay and other alteration products in surface samples and drill chips. Five samples of the 92 samples that were collected of outcropping veins, dump material, and wall rock contain 10.1 to 43.7g/t Au. The remaining samples assay in the range of less than detection limit to 7.8g/t Au.

The Baxter property consists of 240 unpatented lode claims (~1,940 hectares). Bravada previously demonstrated extensive low-sulfidation gold and silver mineralization at surface and in relatively shallow reverse-circulation drill holes.