James West:James West: Economic Crisis — A Crucible for Transforming Trashed Juniors into Treasured Equities?
Source: The Gold Report 02/17/2009
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TGR: And how about Bravo Venture Group (TSX.V:BVG)?
JW: Had a bite to eat with some Bravo people a week or so ago. They have this fantastic Homestake property up in Northern British Columbia. There’s some incredible intercepts, very high-grade intercepts of gold and silver in high-grade lenses disseminated through low-grade bulk-mineable material. It’s extremely high grade. They’ve had some intercepts hitting as much as 60 ounces per ton silver up there.
TGR: Are they mostly silver?
JW: Silver and gold.
TGR: Are they mining?
JW: No, they’re in exploration mode. They’re raising some more money for exploration now and will continue to drill probably starting in April or May. They don’t have a resource calculation on that at this time.
TGR: But it’s looking as if they’re going down that path?
JW: Yeah, they probably will have a 43-101 resource calculation done after this year’s drilling.