DESCRIPTION: The company is active in N.W. British Columbia, Nevada, and S.E. Alaska. The VMS/ Epithermal gold/silver Homestake Ridge project in British Columbia is advancing with continuing excellent drill results from the recently completed $3.5 million, 42 drill hole, 8,400 metre multi-rig drill program which included "one of the most significant drill holes by a junior exploration company in the last 20 years" (73m averaging 20.99 g/t Au including 7.65m bonanza intercept of 181.58 g/t Au). As well, a 2006 NI43-101 compliant technical evaluation which reported an inferred resource of 900,000 oz/gold will be updated and include the results from both the 2007/2008 drill programs. The project is enhanced with excellent power/road access infrastructure being developed. The Woewodski Island prospect in S.E. Alaska is a precious-metal rich VMS target which lies within a mineralized trend that hosts both the Greens Creek and Windy Craggy VMS deposits. As well, the company has a substantial land package consisting of thirteen properties located in the Battle Mountain/Eureka trend, Nevada, both of which will be drill tested in 2009.
The information below is based on the most recent information we have
received from analysts and the companies participating in The Gold Report.
We encourage you to visit the company's web site for updates.
"Bravo's key Homestake Ridge project delivered strong results from the drill bit in 2009, as a result of its 13,500m drill program (48 holes). Highlights included 41.6m grading 6.1 g/t Au and 11.3 g/t Ag from the Homestake Main Zone, and 41.1m grading 4.0 g/t Au and 176.6 g/t Ag from the Homestake Silver Zone. Bravo continued to confirm and expand upon the gold exploration potential at Homestake early this year by tabling significant gold grades from the Homestake Silver Deposit: 24.4 metres grading 12.1 g/t An and 6.8 g/t Ag.
For 2010, look for results pending from the 2009 program at Homestake Ridge (five drill holes pending) and the return to drilling in the 2010 season, potentially in June. With roughly $9.7 million in cash, Bravo is well-financed to continue drill testing targets at its Homestake Ridge project in 2010."
-CHRIS THOMPSON, HAYWOOD SECURITIES
(01/19/10)