BVA Bravada Gold Corporation

Bravada Gold Corporation (TSX VENTURE:BVA)(FRANKFURT:BRT) ("The Company") is
pleased to report that it has identified and partially delineated with drilling
a second new zone of near-surface mineralization, the North Hill Target, at its
wholly owned Wind Mountain Low-sulfidation Gold/Silver project. The drilling is
part of a planned 70-hole (+6,000m) drilling program designed to in-fill
portions of the existing resource and to identify additional shallow, oxide
resource, which could significantly enhance the economics of the Wind Mountain
property by reducing operation costs per tonne and increase mine life, while
only marginally adding to capital costs. Encouraging assays were reported
earlier in the program from the new South End Target, located approximately 800m
south of the existing resource (see attached map and NR-10-11 dated July 25,
2011).


Strongly oxidized mineralization starts essentially at surface at the North Hill
Target, which is located approximately 500m north of the existing Wind Mountain
resource; the target is one of the anomalies identified by the Company's soil
geochemical survey conducted this past winter north of the existing Wind
Mountain resource. Six holes were completed for a total of 212m, with the
strongest intercept being 16.8m averaging 0.619g/t Au and 17.9g/t Ag (0.875g/t
Au-eq @ 70Ag:1Au) beginning at surface. Additional permitting will be necessary
to allow follow-up drilling at the North Hill Target and the North Breeze Pit
Target, which was also identified by a strong gold anomaly in soils (See
attached map).


The South Wind Pit Target is located approximately 200m south of the existing
Wind Pit. Additional holes are underway between this target and the existing
resource. Shallow, oxidized gold/silver mineralization in this area may allow
the Wind Pit to be extended into this under-drilled area.




2011 Wind Mountain Drill Intercepts                                      
----------------------------------------------------------------------------
                                     Inter-
           Orienta-  T.D. From    To   val    Au    Ag  Au-eq         
Hole #        tion    (m)   (m)   (m)   (m) (g/t) (g/t) (70:1) Comments   
----------------------------------------------------------------------------
North Hill Target                                                           
----------------------------------------------------------------------------
WM11-038  -70, 127  61.0  13.7  16.8   3.0 0.206  10.1  0.350               
-------------------------------------------------------------               
WM11-039  -50, 270  22.9   0.0   6.1   6.1 0.619  17.9  0.875               
-------------------------------------------------------------               
                          18.3  21.3   3.0 0.185  11.6  0.350  No sample  
-------------------------------------------------------------  10.7-18.3m  
WM11-040  -70, 270  24.4   0.0  16.8  16.8 0.294  12.5  0.472  Hole lost, 
                                                               samples to
-------------------------------------------------------------  16.8m only
WM11-041  -70, 042  61.0   7.6  27.4  19.8 0.184  15.3  0.403             
-------------------------------------------------------------             
WM11-042  -70, 049  30.5                                  NSV             
-------------------------------------------------------------               
WM11-043  -70, 260  12.2   1.5   6.1   4.6 0.441   9.4  0.576  Lost samples
                                                               6.1-9.1 
----------------------------------------------------------------------------
South Wind Pit Target                                                       
----------------------------------------------------------------------------
WM11-044  -70, 068  91.4    12    18     6 0.399  22.6  0.721               
-------------------------------------------------------------               
                            37    41     5 0.275   5.8  0.359               
-------------------------------------------------------------               
                            52    58     6 0.302   9.2  0.432               
-------------------------------------------------------------               
WM11-045  -70, 070  70.1                                  NSV               
-------------------------------------------------------------               
WM11-046  -50, 070  70.1                                  NSV               
-------------------------------------------------------------               
WM11-047  -70, 070 106.7    40    43     3 0.291   6.0  0.377               
-------------------------------------------------------------               
                                           0.223  13.8  0.420               
-------------------------------------------------------------               
WM11-048  -50, 070  97.5    53    59     6 0.444   8.6  0.566               
-------------------------------------------------------------               
                            87    91     5 0.234  14.3  0.439               
-------------------------------------------------------------               
WM11-049  -70, 070  82.3     6    11     5 0.077  19.7  0.358               
-------------------------------------------------------------               
                            47    56     9 0.405   7.8  0.516               
-------------------------------------------------------------               
WM11-050  -50, 070  73.1    50    59     9 0.325   7.1  0.426               
----------------------------------------------------------------------------
Intercepts calculated +0.2g/t Au &/or +10g/t Ag combined, intervals of      
 +0.3g/t Au-eq reported. Nothing above or below intercept included if less  
 than 0.3 Au-eq & no barren intervals greater than 6m included internally   
True thicknesses are estimated to be 70-90% for the hole in the South Wind  
 Pit and North Hill Target                                                  
A ratio of 70Ag:1Au is used to reflect expected lower recoveries of Ag      
 relative to Au, although detailed metallurgy has not been completed        



To view accompanying map, visit the following link:
http://media3.marketwire.com/docs/MapBVA0802.jpg 


About Wind Mountain 

The project is located approximately 160km northeast of Reno and has good road
access and a power line to the property. AMAX Gold/Kinross Gold recovered nearly
300,000 ounces of gold and over 1,700,000 ounces of silver between 1989 and 1999
from the Wind Mountain and Breeze open pit heap leach operations (based on
Kinross Gold files). Rio Fortuna Exploration (US) Inc., a wholly owned US
subsidiary of Bravada Gold Corporation, acquired 100% of the property via an
earn-in agreement with Agnico-Eagle (USA) Limited, a subsidiary of Agnico-Eagle
Mines Limited, who retains a 2% NSR royalty interest, of which 1% can be
purchased for $1,000,000 any time prior to production. In May 2010, Rio Fortuna
received and filed on SEDAR a Technical Report for the Preliminary Economic
Assessment (PEA) conducted by Mine Development Associates (MDA) of Reno. The
study assumed open-pit mining using conventional trucks, shovels, run-of-mine
leaching and utilized a base case gold price of US$850 per ounce with a credit
for silver at a price of $14.50 per ounce. The base case economic model(1) in US
dollars indicates:


Resource inside pits = 26.9 million short tons @ 0.012 oz Au/t, with 0.007 oz
Au/t cutoff (approx. 90% Measured + Indicated, approx. 10% Inferred)


Gold Ounces mined = 320,000

Gold Ounces produced = 198,000

Waste: Ore Strip ratio = 0.7:1

Capital = Initial capital of $41.8 million with $4.4 million sustaining capital

Mine Life = 4 years active mining with 2 additional years of residual leaching
and rinsing of leach pads


Life-of-mine cash cost per Au ounce = $497 after a silver credit of $86 per
ounce of gold is applied


Total Pre-Tax cost per Au ounce = $719 after a silver credit of $86 per ounce of
gold is applied


IRR = 15%

Pre-tax NVP @ 5% = $13.2 million

(1) Note that Canadian NI 43-101 guidelines define a PEA as follows: "A
preliminary economic assessment is preliminary in nature and it includes
inferred mineral resources that are considered too speculative geologically to
have the economic considerations applied that would enable them to be classified
as mineral reserves, and there is no certainty that the preliminary assessment
will be realized."


Sensitivity studies by MDA indicated that gold and silver prices 20% higher in
the same modeled pit ($1,020/oz Au and $17.40/oz Ag) will increase the IRR to
38% and the NPV@5% to $43.7 million. Gold and silver prices that are 10% lower
($765/oz Au and $13.05/oz Ag) result in the model becoming uneconomic at an
NPV@5%. Sensitivities of the model to capital and operating costs are also
provided by MDA.


Mine Development Associates, Ore Reserves Engineering ("O.R.E.") and Debra
Struhsacker, Environmental Permitting and Government Relations Consultant,
compiled the technical report. Thomas Dyer, P.E. is a Senior Engineer for MDA
and is responsible for sections of the technical report involving mine designs
and the economic evaluation; Alan C. Noble, P.E. is the Principal Engineer of
O.R.E. and is responsible for sections of the technical report involving
resource modeling and information taken from the 2007 Technical Report completed
entitled "Technical Report on the Wind Mountain Gold Project"; and Debra
Struhsacker is responsible for the section of the technical report involving
environmental issues. These are the Qualified Persons of the technical report
for the purpose of Canadian NI 43-101, Standards of Disclosure for Economic
Analyses of Mineral Projects.


About Bravada Gold Corporation 

Bravada Gold Corporation is a member of the Manex Resource Group of companies
with an exploration office in Reno, Nevada from which it is exploring its
extensive (22 properties covering over 20,000 hectares) Carlin-type and
low-sulfidation-type gold holdings strategically located within numerous
productive gold trends in Nevada. The Company has several projects available for
joint venture with qualified groups.


Joseph Anthony Kizis, Jr. (P.Geo.) is the Qualified Person responsible for
reviewing the technical results in this release.


On behalf of the Board of Directors of Bravada Gold Corporation

Joseph A. Kizis Jr., Director, President, Bravada Gold Corporation

For further information, please visit Bravada Gold Corporation's websites at
bravadagold.com.


This news release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements. These statements are based on a number of assumptions, including,
but not limited to, assumptions regarding general economic conditions, interest
rates, commodity markets, regulatory and governmental approvals for the
company's projects, and the availability of financing for the company's
development projects on reasonable terms. Factors that could cause actual
results to differ materially from those in forward looking statements include
market prices, exploitation and exploration successes, the timing and receipt of
government and regulatory approvals, and continued availability of capital and
financing and general economic, market or business conditions. Bravada Gold
Corporation does not assume any obligation to update or revise its
forward-looking statements, whether as a result of new information, future
events or otherwise, except to the extent required by applicable law.

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