BVA Bravada Gold Corporation

Bravada Gold Corporation (TSX VENTURE:BVA)(FRANKFURT:BRT) ("Bravada") reported
today that it has appointed Debra Struhsacker, Environmental Permitting and
Government Relations Consultant, to manage permitting and government affairs for
the Wind Mountain gold/silver deposit in northwestern Nevada. As an integral
member of Bravada's team, Ms. Struhsacker will manage permitting and government
affairs activities necessary to support renewed development of the Wind Mountain
Project. Ms. Struhsacker earned M.S. and B.S. degrees in Geology and has more
than 30 years of experience in the mining industry. She has a proven track
record of successfully permitting many mineral exploration and development
projects in Nevada and elsewhere. Ms. Struhsacker is well known for her
effective advocacy on behalf of mining industry clients and brings a wealth of
experience to the Wind Mountain Project.


President Joe Kizis commented, "With the success of our 2011 exploration and
in-fill drilling program, combined with encouragement from our 2010 PEA, we felt
that it is crucial to add Debbie's expertise in mine permitting to our Wind
Mountain Management team. Debbie joins John Cox, Manager of Development, who is
overseeing geological, metallurgical, and engineering activities at Wind
Mountain. Mine Development Associates are currently updating the resource
estimate at Wind Mountain with John's input and MDA will prepare an updated
Preliminary Economic Assessment once the resource has been updated. The PEA is
expected to be completed by the end of the first quarter of 2012."


Subsequent to completion of the PEA, Bravada's two primary goals for early 2012
will be to complete a pre-feasibility study for Wind Mountain, which is expected
to convert a portion of the resource to reserve status, and to apply for mine
permits for an initial Stage 1 mining operation, which will exploit those
reserves. Future exploration and in-fill drilling programs are expected to allow
for additional mining stages as resources are expanded and upgraded to reserve
status, and as new deposits are discovered at numerous high-priority exploration
targets identified on the Wind Mountain property.


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 Carlin-type and low-sulfidation-type gold holdings, which are
strategically located within the numerous productive gold trends in Nevada.
Bravada is self funding its Wind Mountain property towards near-term production,
and is advancing its other properties with a combination of self funding and
partner funding. Currently three of Bravada's 21 Nevada properties are being
funded by partners. Bravo Gold Corp. (TSX VENTURE:BVG) owns 9.76% of Bravada's
114,264,282 outstanding common shares.


About Wind Mountain

The past-producing Wind Mountain gold/silver project is located approximately
160km northeast of Reno in a sparsely populated region with excellent logistics,
including county-maintained 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 two small open pits and a heap-leach
operation (based on Kinross Gold files). Rio Fortuna Exploration (U.S.) 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 early 2010,
Rio Fortuna received a positive Preliminary Economic Assessment (1) based on a
gold price of US$850 per ounce with a credit for silver at a price of $14.50 per
ounce (See News Release NR-05-10, dated April 13, 2010).


During 2011, Bravada completed 50 drill holes at Wind Mountain with the primary
goal of expanding near-surface oxide gold/silver mineralization. This program
successfully discovered extensions of known mineralization and new areas of
shallow oxide mineralization, as well as further defined higher-grade areas
within the 2007 resource. Prompted by this success, an update to the Wind
Mountain resource and Preliminary Economic Assessment is currently underway,
with completion anticipated during the first quarter of 2012. In addition,
metallurgical studies were conducted and are near completion. Biological and
archaeological studies that will be necessary for mine permitting were also
completed during 2011.


(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".


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., President and Director, 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 Bravada's
projects, and the availability of financing for Bravada'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 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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