Bravada Gold Corporation (TSX VENTURE:BVA)(FRANKFURT:BRT) ("the Company") is
pleased to report assays from five new reverse-circulation holes, all drilled
within the existing resource in order to test areas given low or no value due to
a lack of previous drilling. Hole WM11-063 is particularly encouraging, having
intersected 54.9 metres from surface averaging 0.456g/t Au and 18.0g/t Ag
(0.712g/t Au-eq @ 70Ag:1Au), with the uppermost 27.4m averaging 0.600 g/t Au and
21.0 g/t Ag (0.901g/t Au-eq).


Bravada has now drilled 50 holes for a total of 4108.5 metres, completing this
phase of drilling. Metallurgical, geological, and archaeological studies will
continue over the next few months. Assays for 13 additional holes are still
pending. An updated resource and Preliminary Economic Assessment are expected to
be completed during the first quarter of 2012.


President Joe Kizis commented, "We have completed the minimum drilling program
necessary to accomplish our goals for this phase. Those goals were to discover
additional shallow oxide mineralization, to test for extensions of
mineralization adjacent to the open pit modelled during our previous PEA, and to
test portions of the existing resource that were not given significant grades
due to a lack of drilling. Our success in this program combined with increased
precious metal prices indicates that we will see a significant increase in our
resource and a much improved PEA."


The program was successful in discovering shallow oxide mineralization at the
South End, the North Hill, and the South Wind Pit exploration targets (see
accompanying map). Results for the North Breeze Pit exploration target are
pending. New mineralization was discovered within the existing resource area
adjacent to the south-eastern and southern margins of the Wind Pit and internal
to the existing resource. Results of in-fill drilling within the Breeze portion
of the existing resource are pending.




2011 Wind Mountain Drill Intercepts                                         
                                                                            
----------------------------------------------------------------------------
                                    Inter-                                  
           Orient-  T.D. From    To   val     Au     Ag  Au-eq              
Hole #      ation    (m)   (m)   (m)   (m)  (g/t)  (g/t) (70:1) Comments    
----------------------------------------------------------------------------
Wind Pit - Resource Infill                                                  
----------------------------------------------------------------------------
WM11-060      -90  91.4   0.0  33.5  33.5  0.254    8.8  0.379              
----------------------------------------------------------------------------
                         47.2  76.2  29.0  0.280   10.8  0.435              
----------------------------------------------------------------------------
WM11-061      -90  91.4   9.1  12.2   3.0  0.320    7.3  0.424              
----------------------------------------------------------------------------
                         39.6  74.7  35.1  0.268    8.9  0.394              
----------------------------------------------------------------------------
WM11-062      -90  91.4   0.0  71.6  71.6  0.336   12.0  0.507              
----------------------------------------------------------------------------
                                                               0-           
                                                               27.4m=0.600g/
                                                               t Au, 21.0g/t
                                                               Ag, 0.901g/t 
WM11-063      -90 182.9   0.0  54.9  54.9  0.456   18.0  0.712 Au-eq        
----------------------------------------------------------------------------
                         70.1 109.7  39.6  0.250   13.3  0.440              
----------------------------------------------------------------------------
WM11-064 -80, 260 161.5   0.0  65.5  65.5  0.269    8.5  0.391              
----------------------------------------------------------------------------
                         88.4  97.5   9.1  0.161   13.2  0.349              
----------------------------------------------------------------------------
                                                                            
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% in bedding replacement; however,
geometry uncertain adjacent to high-angle faults.                           
                                                                            
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 the map associated with this press release, please visit:
http://media3.marketwire.com/docs/bva-0921-map1.pdf.


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

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.
Bravada Gold (TSXV:BVA)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Bravada Gold Charts.
Bravada Gold (TSXV:BVA)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Bravada Gold Charts.