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Tuesday, July 25, 2017 11:30:11 AM
A low cost, open-pit gold opportunity.
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.
https://bravuraventures.com/project/musgrove-creek/
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