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.

Free
Message: Bravo has results from this year's drilling very soon...

This year's drill season is underway and the results will be due very soon. The results are looking favorable for more new discoveries!

Homestake Ridge - Update

Bravo also reported that work is progressing well at its Homestake Ridge project located 32 kilometeres south of Stewart in northwest British Columbia.

Crews and two drill rigs have been active on the property since mid-June. Eight drill holes, comprising 3240 metres of the anticipated +12,000 metre program have been completed to date.

Five of the completed drill holes test lateral and down-dip extensions of the Homestake Silver deposit 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.

Three of the completed drill holes test surface anomalies in the East Valley geophysical zone, one of six geophysical exploration targets identified in the 630-line kilometre airborne geophysical program conducted last season and located 1000 metres due east of the Main Homestake deposit. One hole, HR10-169, which targeted the Homestake Silver deposit required re-alignment and was stopped prior to target depth. Logging and sampling of the core is in progress. Core samples from several of these initial holes have been submitted for assay, results are pending.

Drilling continues on the Homestake Silver deposit while drilling has now started on the North Dome, target located 1.5 kilometres northeast of the Main Homestake deposit.

About Bravo

Bravo Gold Corp has a 100 percent interest in the Homestake Ridge project located in a prolific mineral belt in northwestern British Columbia. The project is being advanced as a potential high-grade underground mining operation with a current NI43-101 compliant Indicated Resource, at a 3.0 g/t AuEq. cut-off, of 191,000 ozs gold and 1,350,000 ozs silver plus an Inferred Resource of 348,000 ozs gold and 7,990,000 ozs silver (1). Two deposits have been indentified to date and multiple exploration targets remain to be tested on the large, 2761ha property. Bravo also holds a 44 percent interest in Bravada Gold Corp, which is exploring 13 projects in the Battle Mountain-Eureka Gold trend in Nevada.

Always a good time to enter a discovery stock is when new drill results are pending!!

Best Regards,
Long for Cash

Share
New Message
Please login to post a reply