Mr. Joseph Kizis Jr. reports
BRAVO EXTENDING HOMESTAKE MINERALIZATION; DRILLS 9.6 METRES OF 5.9G/T GOLD
Bravo Gold Corp. has extended mineralization above a three-gram-per-tonne-gold-equivalent cut-off in multiple horizons at the Homestake silver deposit on its 100-per-cent-owned Homestake Ridge project located in northwest British Columbia.
The company provided results on a further 10 drill holes from the 2010 exploration program, including HR10-198, which returned a 0.6-metre interval averaging 56.3 grams per tonne (g/t) gold and 48.3 g/t silver within a broader 9.6-metre interval averaging 5.9 g/t gold and six g/t silver. Drill hole HR10-198, together with holes HR10-197 and HR10-192, define coherent gold-enriched mineralized horizons in the upper volcanic stratigraphy that extend the Homestake silver deposit an additional 200 metres along strike and to the northwest of the 2009 drill-defined limits. Assays are pending for 14 holes that offset this mineralization, which could further expand the potential resources of this deposit.
Drilling in the Fox Reef and Vanguard copper zones returned thick intervals (greater than 100 metres) of strongly anomalous gold (greater than 0.1 part per million), copper and pathfinder elements such as Mo and Bi, which may indicate proximity to large intrusion-related mineral systems, which remain viable targets for future exploration on the property.
Bravo has now completed the 2010 drilling program at the Homestake Ridge project, and crews are in the process of demobilization. A total of 48 core holes have been drilled on the property for approximately 17,924 metres during this year's program. Assays from 20 of these drill holes are pending. Twenty-six drill holes totalling 11,972 metres tested the Homestake silver deposit while 22 drill holes totalling 5,952 metres were completed in six other targets on the property.
An updated long section of the 2010 drill plan and a full compilation of the 2010 assay summaries are available on Bravo's website.
SELECT ASSAYS FROM 2010 DRILLING
AT THE HOMESTAKE SILVER DEPOSIT
From To Au Ag
Hole No. (m) (m) (g/t) (g/t)
HR10-188 169.1 172.5 0.1 109.5
325.1 328.4 0.5 121.0
536.4 559.6 1.3 3.8
Including 548.5 555.2 2.3 9.7
HR10-192 163.1 165.1 0.1 269.6
313.2 337.4 0.1 40.2
423.0 442.0 1.7 1.9
Including 423.0 430.2 2.6 2.4
454.0 467.7 1.9 1.7
Including 464.9 467.8 4.5 2.7
HR10-195 NSV NSV
HR10-197 296.5 303.7 2.1 6.2
306.7 310.8 4.7 7.0
Including 308.2 309.7 9.9 8.0
HR10-198 281.6 285.8 0.2 45.2
318.5 331.8 5.9 6.0
Including 318.5 323.3 11.8 10.6
318.5 319.3 56.3 48.3
SELECT ASSAYS FROM 2010 DRILLING
AT THE FOX REEF COPPER ZONE
From To Au Ag
Hole No. (m) (m) (g/t) (g/t)
HR10-187 NSV NSV
HR10-190 121.1 123.1 1.8 3.1
HR10-191 NSV NSV
SELECT ASSAYS FROM 2010 DRILLING
AT THE VANGUARD COPPER ZONE
From To Au Ag
Hole No. (m) (m) (g/t) (g/t)
HR10-193 NSV NSV
184.4
HR10-194 NSV NSV
160.75
Robert Macdonald (PGeo) is the qualified person as defined by National Instrument 43-101 for the Homestake Ridge project and has reviewed and approved the technical contents of this release.
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