Bravo Gold Corp V.BVG

Bravo Acquires Mtn Boy Project

[lhynes]

Bravo Acquires Mtn Boy Project in the South Battle Mountain/Eureka Trend VANCOUVER, BRITISH COLUMBIA, Jun 9, 2005 (CCNMatthews via COMTEX) -- Bravo Venture Group Inc. (TSX VENTURE:BVG) reported today that the company has reached agreement with a private vendor to acquire a group of 96 claims (approx. 3.4 sq. mi.) in the South Battle Mountain/Eureka Trend. The claims comprise several blocks, collectively known as the Mtn Boy project, and lie in the northwestern portion of the Eureka Mining District west and southwest of Barrick's Ruby Hill Mine. The Ruby Hill Mine produced 670,000 ounces of gold between 1997 and 2002 and has a reported proven plus probable reserve of 1.0 million ounces. Barrick has announced plans to renew open-pit mining, anticipating production start-up in 2007. At the Mtn Boy project, previous exploration drilling (non-43-101 compliant) during the 1980's and 1990's intersected extensive areas with 0.3 to 1.0 g/t Au, with locally higher grades. Previous exploration focused on flat-lying stratigraphic units, largely ignoring possible high-angle feeder fault zones where higher grades might exist. Structurally controlled mineralization, such as occurs at Placer Dome's Cortez Hills deposit, will be the focus of Bravo's work at Mtn Boy. Under the terms of the option agreement, Bravo will pay US$340,000 over a five year period to earn 100% interest in the claims, subject to a 2% NSR of which 1% NSR may be purchased for US$1,000,000. The company can elect to satisfy 50 percent of any cash payment by the issue of shares valued at the closing share price on the day prior to a payment date. Bravo will be responsible for certain fees, including federal and county maintenance fees. The acquisition is subject to TSX.Venture Exchange approval. Bravo is currently compiling historic drill and surface data for the Mtn Boy project, in preparation for drill targeting. In addition, Bravo continues to discuss potential joint ventures at its various other properties in order to drill test targets identified by Bravo. Prior to the acquisition of the Mtn Boy project, the company had acquired a 100 percent interest in nine projects, totaling 2,007 claims for approximately 61 square miles within the South Battle-Mountain/Eureka Trend. Placer Dome US Inc.has the right to fund preliminary exploration and development on three of the nine projects as per an exploration agreement announced previously on October 21st, 2004. Joseph Kizis Jr. (P.Geo.), is the Qualified Person responsible for reviewing the technical results reported in this release. On behalf of the Board of Directors Joseph A. Kizis Jr., Director, President Bravo Venture Group Inc. Statements contained in this news release that are not historical facts are forward-looking statements as the term is defined in the private securities litigation reform act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from estimated results. Bravo Venture Group relies upon litigation protection for forward looking statements. Bravo Venture Group Inc. Jay Oness 1-888-456-1112 or [phone] [phone] (FAX) [e-mail] www.bravoventuregroup.com