Bravo reports High grade resultsNovember 15th, 2005 BVG-TSX.VENTURE
NR-20-05
High-Grade Results Confirmed at Homestake Ridge
Bravo Venture Group Inc. reported today the receipt of check and over limit assays from the final seven holes of its 11 hole, 1645.2 metre drill program on the Homestake Ridge project in northwest British Columbia. Check fire assays and metallic screen analyses confirmed preliminary assays from drill holes HR05-16 through HR05-22 which were reported in an October 17, 2005 news release. In addition, over limit analyses revealed significant polymetallic mineralization associated with several gold-enriched intervals.
The 2005 drill program on the Crown Grant portion of the property has identified a persistently mineralized structure for over 300 metres of strike length, significantly increasing the size of the known high-grade lens. High-grade Eskay Creek-style mineralization has been intersected over a 110 metre strike length and appears open along strike and to depth. A second gold and silver-rich lens of mineralization has been identified in the hanging wall of the main structure. Data compilation and interpretation of results continues toward a more comprehensive model for the Homestake Ridge project which will form the basis for an intensive 2006 diamond drill program.
Table 1: Select intervals with check assays from drill holes HR05-16 to HR05-22
From (m) To (m) Width (m) Est.True width Au (g/t) Ag (g/t)
HR05-17 98.0 107.0 9.0 7.4 10.6 21.8
check assay 9.9 21.8
HR05-17 102.5 107.0 4.5 3.7 14.1 31.6
check assay 14.0 31.6
HR05-18 115.4 118.9 3.6 2.9 9.1 28.2
check assay 10.0 28.2
HR05-18 145.5 152.1 6.6 5.4 1.9 12.6
check assay 2.0 11.0
HR05-21 35.8 37.4 1.6 1.3 1.6 19.9
check assay 0.7 19.9
Table 2: Select assays with over limits from 2005 Homestake Ridge Drilling
From (m) To (m) Width (m) Est.True width Au g/t Ag g/t Cu % Pb % Zn %
HR05-12 98.2 99.8 1.5 1.4 14.5 22.8 0.00 0.01 0.01
and 103.8 105.5 1.7 1.5 11.6 45.7 0.23 0.05 0.35
74.7 76.7 2.0 1.5 18.6 1108.0 0.07 0.14 0.24
and 126.5 128.0 1.4 1.1 4.0 17.4 0.83 0.03 0.04
HR05-14 68.1 69.7 1.6 1.4 35.7 3176.5 0.14 1.92 5.49
HR05-15 111.2 113.1 2.9 2.2 4.5 24.6 0.58 0.01 0.02
HR05-17 98.0 107.0 9.0 7.4 9.9 21.8 0.39 0.01 0.01
and 102.5 107.0 4.5 3.7 14.0 31.6 0.40 0.01 0.02
HR05-18 71.5 73.6 2.1 1.7 0.0 105.0 0.01 0.06 0.18
and 115.4 118.9 3.6 2.9 10.0 28.2 1.80 0.04 0.05
and 123.1 125.1 2.0 1.6 4.8 13.6 0.56 0.01 0.04
and 145.5 146.8 1.3 1.1 5.6 11.0 0.64 0.04 0.02
HR05-19 57.8 58.3 0.5 0.4 0.1 501.0 0.02 0.21 0.66
and 120.1 123.1 3.0 2.5 0.4 121.0 0.06 0.43 0.38
HR05-21 35.8 37.4 1.6 1.3 0.7 19.9 0.09 2.06 2.47
and 41.0 42.0 1.0 0.8 0.8 7.0 0.35 0.33 1.07
Elevated to anomalous copper is found throughout the main mineralized structure with higher grade copper values (from 0.40% to 1.80% Cu) occurring with gold-rich intervals in drill holes HR05-17 and -18 (Table 2). Silver remains elevated (up to 69.0g/t Ag) within the main structure but is spectacularly enriched (1108g/t Ag over 1.5m and 3176.5g/t Ag over 1.4m) in drill holes HR05-13 and HR05-14, which intersected a hanging wall lens of mineralization. Highly anomalous silver (from 105ppm to 501ppm), with lesser gold, was returned from the upper parts of drill holes HR05-18 and 19 and may represent a 60 to 70 metre offset of the silver-rich hanging wall zone.
Lead and zinc, with associated antimony and mercury, have a more erratic distribution within the mineralized zones. High-grade zinc and lead (5.49% Zn and 1.92% Pb) occur with the high-grade gold-silver (35.7g/t Au, 3176.5g/t Ag, 1260ppm Sb and 92.53g/t Hg over 1.4m) hanging wall lens in drill hole HR05-14. Lead and zinc are enriched, with silver, in the upper parts of drill holes HR05-18 and HR05-19. Sphalerite–galena veins with relatively low silver and gold credits occur in the upper parts of drill hole HR05-21.
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Rob Macdonald, (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.”
Joseph A. Kizis Jr., Director, President, Bravo Venture Group Inc.
For further information, please visit the company’s website at www.bravoventuregroup.com or contact Jay Oness at either 1-888-456-1112 or 604-684-9384 or by email at corpdev@mnxltd.com.
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