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Tuesday, July 18, 2017 12:14:08 PM
current projects
GREW Creek:
The Grew Creek Project consists of 670 claims located along the Robert Campbell Highway, midway between Faro and Ross River, Yukon.
Contains the Carlos gold zone; a zone of gold mineralization defined by core and RC drilling over an area of 300 m along strike 100 meters wide and 400 meters deep
Bravura drill intercepts from the Carlos Zone include:
GCRC11-328 with 68.0 m of 5.96 g/t gold & 24.1 g/t silver including 4.0 m of 63.15 g/t gold and 344.0 g/t silver;(1)
GC10-001 with 146.3 m of 1.72 g/t gold including 3.1 m of 17.93 g/t gold, 32.2 m of 2.80 g/t gold and 15.7 m of 2.90 g/t gold;(2) and
GC11-281 with 92.0 m of 2.02 g/t gold including 44.0 m of 3.09 g/t gold.(3)
The Carlos Zone remains open at depth and there is potential to discover deposits similar to the Carlos Zone along strike
Musgrove Creek:
Musgrove Creek is an advanced gold exploration project located in Lemhi County, Idaho, approximately 24 km (15 miles) southwest of the Beartrack Gold Mine previously operated by Meridian Gold Inc.
Musgrove Creek contains a historical NI 43-101 Inferred Mineral Resource estimate of 8 million tonnes at 1.22 g/t Au (0.036 oz/ton) at a gold cut-off of 0.8 g/t (0.023 oz/ton).
This is equivalent to 313,822 oz (9,761 kg) of gold
Originally modelled and calculated by David Makepeace, PEng, of Geospectrum Engineering in 2004 using Surpac International’s Vision mining software package, and disclosed on SEDAR by prior operator Wave Exploration Corp., this resource calculation is now considered a historical resource as a qualified person has not done sufficient work to classify the historical estimate as a current mineral resource or mineral reserve (the historic resource was disclosed in a report titled “Technical Report on the Musgrove Creek Gold Project, Salmon, Idaho,” by W. Gruenwald and D. Makepeace, dated Feb. 25, 2004). Bravura intends to re-model the mineralization and calculate a new mineral resource upon completion of additional definition drilling and the acquisition of high-quality topography (LIDAR or orthophotography derived). Therefore, Bravura is not treating the historical estimate as current mineral resources or mineral reserves.
Geologically, Musgrove Creek has potential for a large low-grade epithermal gold deposit similar to the nearby Beartrack Mine.
The property is one of many mineral deposits that occur within a major northeast-southwest-trending structural zone known as the Trans-Challis Fault System.
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