Oct 29 2010
Bravo Gold Corp. (TSX VENTURE:BVG)(FRANKFURT:B6I) reported today that mineralization above a 3g/t gold equivalent cut-off is successfully being extended in multiple horizons at the Homestake Silver deposit on its 100 percent owned Homestake Ridge Project located in NW 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 56.3g/t gold and 48.3g/t silver within a broader 9.6 metre interval averaging 5.9g/t gold and 6.0g/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 (>100 metres) of strongly anomalous gold (>0.1ppm), 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 de-mobilization. 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 totaling 11,972 metres tested the Homestake Silver deposit while twenty-two drill holes totaling 5952 metres were completed in six other targets on the property.
Robert Macdonald (P.Geo) 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.
Source: Bravo Gold Corp.