Bravo Gold Corp (BVG)

[basserdan]

Bravo Venture Group Inc. reports high-grade gold mineralization in an offset hole to HR08-87 at the Main Homestake zone at its 100 percent owned Homestake Ridge Project located in NW British Columbia.

Offset to Hole -87 at Bravo’s Homestake Ridge Project Returns 13.0g/t Au and 19.5g/t Ag over 11.9m within 42.4m of 6.1g/t Au

The company (BVG.V~BVGIF) said that drill hole HR09-152 intersected an 11.9 metre interval averaging 13.0g/t gold and 19.5g/t silver within a 42.4 metre interval of 6.1g/t gold and 11.3g/t silver. The hole, located 35 metres to the southeast of hole HR08-87, tested a previously undrilled 65 metre interval between drill holes HR09-87 (15.1 metres of 69.2g/t gold and 29.4g/t silver; see NR-22-08) and HR05-17 (7.6 metres of 10.6g/t gold and 21.8g/t silver; see NR-20-05), and confirms continuity of significant grade and thickness within this strongly mineralized structure. All mineralized intervals are reported as estimated true thickness.

Table 1: Summaries of Selected Assays from the Main Homestake Zone


Analyzed by FA-ES/AA for gold and ICP-MS by Acme Labs, Vancouver BC; Samples >10g/t Au re-assayed with FA-Grav – check assays are pending; Silver overlimits (>100g/t Ag) re-assayed with FA-Grav. >0.2g/t Au or 15g/t Ag cut-off used for compositing intervals, <20% internal dilution on +10 metre intervals.

The company also reports that drill hole HR09-133 returned a 1.1 metre interval averaging 8.1g/t gold and 3.3 g/t silver within a 9.3 metre interval averaging 1.8g/t gold and 1.6g/t silver. This hole represents a 60 metre lateral offset to the northwest of previously reported mineralization at the Main Homestake zone.

The company said that 44 holes (eight of which were lost prior to target depth) have been drilled or are in progress for approximately 11,100 metres in the 2009 program and assays are awaited for 22 holes. Sixteen holes have been drilled in the Homestake Silver zone (three lost), 22 holes (four lost) in the Main Homestake zone and six holes in other targets on the claim group (one lost).

The company continues to aggressively drill-test the Homestake Silver zone and up to 1500 additional metres of drilling are planned for the remainder of the season.

An updated long section of the 2009 drill plan and a full compilation of the 2009 assay summaries are available on Bravo’s website at www.bravoventuregroup.com.

About Bravo Venture Group Inc.

Bravo Venture Group Inc. is focused on exploring its precious and base metal-rich Homestake Ridge project in British Columbia, a gold-rich epithermal/VMS-related system within Eskay Creek/Silbak-Premier stratigraphy. Pursuant to the recently announced “Plan of Arrangement”, Bravada Gold Corp. will focus on exploring Bravo’s extensive Carlin-type gold holdings strategically located within the Battle Mountain/Eureka “Cortez” gold trend in Nevada.

Rob Macdonald (P.Geo.) is the Qualified Person responsible for reviewing the technical results in this release.

On behalf of the Board of Directors

“Joseph A. Kizis, Jr.”
Joseph A. Kizis Jr., Director, President,
Bravo Venture Group Inc.

For further information, please visit the company’s website at http://www.bravoventuregroup.com

http://www.bravoventuregroup.com/en/index.php?page=news&newsid=167