Homestake Ridge - British Columbia

In 2011, Homestake Resource reported an updated mineral resource estimate, (NI43-101 compliant) of 191,000oz gold and 1,350,000oz silver indicated plus 530,000oz gold and 13,470,000oz silver inferred at a 3.0 g/t AuEq. cut-off in two separate deposits.

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Message: James West: Economic Crisis — A Crucible for Transforming Trashed Juniors into T

James West: Economic Crisis — A Crucible for Transforming Trashed Juniors into T

posted on Feb 17, 2009 06:19PM

http://www.theaureport.com/pub/na/2246

James West: Economic Crisis — A Crucible for Transforming Trashed Juniors into Treasured Equities?
Source: The Gold Report 02/17/2009

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TGR: And how about Bravo Venture Group (TSX.V:BVG)?

JW: Had a bite to eat with some Bravo people a week or so ago. They have this fantastic Homestake property up in Northern British Columbia. There’s some incredible intercepts, very high-grade intercepts of gold and silver in high-grade lenses disseminated through low-grade bulk-mineable material. It’s extremely high grade. They’ve had some intercepts hitting as much as 60 ounces per ton silver up there.

TGR: Are they mostly silver?

JW: Silver and gold.

TGR: Are they mining?

JW: No, they’re in exploration mode. They’re raising some more money for exploration now and will continue to drill probably starting in April or May. They don’t have a resource calculation on that at this time.

TGR: But it’s looking as if they’re going down that path?

JW: Yeah, they probably will have a 43-101 resource calculation done after this year’s drilling.

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