Bravada Gold be­gins drilling at Wind Moun­tain

Stockwatch Daily - - MINES & METALS - Mr. Joseph Kizis re­ports

DRILLING IS un­der way at Bravada Gold Corp.’s 100-per-cent-owned low-sul­phi­da­tion Wind Moun­tain project, a past-pro­duc­ing gold/sil­ver prop­erty in north­west­ern Ne­vada. Two re­verse circulation holes are planned, one ap­prox­i­mately 450 me­tres deep and the other ap­prox­i­mately 750 me­tres deep. The holes are de­signed to be proof-of-con­cept holes and ad­di­tional holes may be added de­pend­ing on drilling costs and re­sults.

The holes will test two fault in­ter­sec­tions, ap­prox­i­mately 1,500 me­tres apart, that ge­o­log­i­cal ev­i­dence in­di­cates were up­welling (also called feeder) zones for the min­er­al­iza­tion pre­vi­ously mined and the sub­stan­tial re­main­ing shal­low gold/sil­ver re­source that the com­pany has de­lin­eated. In ad­di­tion to test­ing the fault in­ter­sec­tions, both holes will in­ter­sect the un­con­for­mity be­tween Me­so­zoic metased­i­ments and Ter­tiary vol­canic rocks. The con­trast in phys­i­cal prop­er­ties of these rocks at the un­con­for­mity may have re­sulted in es­pe­cially high grades of gold and sil­ver be­ing de­posited, as has been found at many such de­posits, in­clud­ing the Hishikari de­posit in Ja­pan and sev­eral low-sul­phi­da­tion de­posits in Ne­vada.

About Wind Moun­tain

The Wind Moun­tain prop­erty is in north­west­ern Ne­vada ap­prox­i­mately 160 kilo­me­tres north­east of Reno in a sparsely pop­u­lated re­gion with ex­cel­lent lo­gis­tics, in­clud­ing county-main­tained road ac­cess and a power line to the prop­erty. It is a his­tori--

cal past-pro­duc­ing, bulk-ton­nage gold-sil­ver mine. An in­de­pen­dent re­source es­ti­mate and pre­lim­i­nary eco­nomic eval­u­a­tion for Wind Moun­tain com­mis­sioned by Bravada in 2012 re­ported 570,000 ounces of gold and 14.7 mil­lion ounces of sil­ver in the in­di­cated cat­e­gory, and 354,000 ounces of gold and 10.1 mil­lion ounces of sil­ver in the in­ferred cat­e­gory.

We seek Safe Har­bor.

Erika Flores con­densed this news re­lease (erikaf@stock­watch.com).

Ger­ald Nigel Bunt­ing, Don­ald Richard Head, John Reynolds Kerr, Joseph An­thony Jr Kizis, Ge­orge Ross McDon­ald, Lawrence Peter Page, Michael Vic­tor Row­ley

(BVA) Shares: 47,534,619

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