Bravo Venture Group Inc. TICKER: TSX.V:BVG DESCRIPTION: Bravo Venture Group Inc. is committed to increasing shareholder value with an experienced management team that has successfully demonstrated the ability to identify, explore and develop gold/silver properties within North America that exhibit potential for discovery.Currently 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 excellent drill results and a NI43-101 compliant technical evaluation (currently being updated), which reported an inferred resource of 900,000 oz/gold. An extensive +7,500 metre multi-rig drill program is currently underway. 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. As well, the company has acquired a substantial land package consisting of 13 properties located in the Battle Mountain/Eureka trend, Nevada. Drilling is either currently underway or will be undertaken during 2008 on a number of the projects.
Find out more about the Bravo Venture Group from company VP Bob Swenarchuk (Smartstox). WEBSITE: http://www.bravoventuregroup.com/ Corporate Update 6/07
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.
The Gold Report
"Homestake Ridge Au-Ag-Cu...Deposit/NW BC, Canada
Resumed drilling. 2 drill rigs at site and third to be added shortly. 12 holes for 2,400 metres completed to date. Total drilling is planned at 7,500 metres." (8/26/08)
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Junior Mining Weekly
The Gold Report
"The Smartstox Online TV Talk Show is alerting its subscribers and other resource stock investors to our new interview with the senior VP of Bravo Venture Group who brings us up to date with the company’s exploration programs in Nevada, Alaska, and, in particular, the Homestake Ridge project in northern British Columbia.
Yesterday, Bravo announced that field crews have mobilized to the Alice Arm camp in preparation for the start of drilling at its wholly owned Homestake Ridge gold-silver-copper deposit located 32km southeast of Stewart, within the Eskay Creek region of northwestern British Columbia.
Bravo plans an aggressive $3.5 million drilling program consisting of approximately 7,500 metres in up to 30 drill holes. Up to 15 drill holes will test extensions of the Main Homestake zone to demonstrate the continuity of higher grade mineralization throughout the deposit and to explore for possible bonanza-grade feeder faults beneath the known stratabound mineralization. Two drill rigs have been mobilized to the project and both are scheduled to start drilling on the Main Homestake zone by mid-July." (7/8/08)
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baystreet.ca.com
The Gold Report
"Bravo has released long-awaited assay results from the final two holes of a three-hole drill program at its Homestake Ridge project in the Eskay Creek region of northwestern British Columbia. This was the first drill program to test the Homestake Silver zone, which is located about 400 meters along strike from the main Homestake zone. Highlight holes include Hole 78, which cut 0.69 meters of 2.4 g/t gold and 891.8 g/t silver within a wider 17.9-meter interval grading 0.27 g/t gold and 66.4 g/t silver. Hole 76 intersected three mineralized intervals: 24.5 g/t silver over 6.6 meters, 63.6 g/tsilver over 10.5 meters and 15.9 g/t silver over 10.5 meters, all within a 101.1- meter interval grading 14.5 g/t silver. These holes tie in with earlier results from Hole 75, which returned a 14.0- meter interval grading 19.3 g/t silver....Bravo also confirmed a third mineralized zone, the Vanguard Gold zone, located 2,200 meters southeast of the Main zone. Drilling of this new zone also returned encouraging results, including a 1.05-meter interval grading 5.21 g/t gold within a broader, 38.88- meter interval of 0.60 g/t gold. This hole is similar to Bravo’s initial drilling on the Main zone in 2003, which suggests the potential to develop another significant near-surface lens of mineralization.
I expect the next installment of significant news from the Homestake property will be an update to an earlier NI 43-101 resource estimate. In March 2007, Bravo announced an inferred resource of 903,231 ounces of gold and 5.7 million ounces of silver contained within 11.9 million tonnes. Given that the deposit is open along strike and at depth and considering the results from last year’s drilling, I think we can safely say that the resource at Bravo’s 100%-owned property is likely to improve. The big question, of course, is by how much. Until we find out, there have been some other developments. Bravo reported that Teck Cominco passed on its right to back in for up to a 70% interest in the Homestake Ridge property. Teck could have earned that interest by spending 200% of Bravo’s $8 million expenditures within five years, and completing a feasibility study and arranging production financing. With Teck passing on its option, Bravo now controls 100% of Homestake Ridge — an outcome that I think is to the junior’s great advantage. They can now control the pace of exploration on this premier property, and have jumped at the opportunity by budgeting a $3 million exploration program this year."(4/08)
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Gold Newsletter
The Gold Report
"We’ve made money two to three times trading Bravo Venture Group Inc. The trading range on 52 weeks is $.44 to $1.67. Our goal in the fall of 2008 is a $1.05." (4/4/08)-The Gold Report Interview with Roger Wiegand
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Roger Wiegand, Trader Tracks
The Gold Report
"Bravo Venture Group Inc. said it has acquired 100 percent interest in the Woewodski Island volcanic massive sulphide project in southeast Alaska following successful renegotiation of certain terms in an underlying agreement with vendors of the property." (3/30/08)
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petroleumnews.com