VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 25, 2009) -Bravo Venture Group Inc. ("BVG") (TSX VENTURE:BVG)(FRANKFURT:B6I) reported todaythat it is planning to expand the current 2009 season 8500 metre, $5.0 milliondrill program at its 100% owned Homestake Ridge project in NW BritishColumbia.
Bravo said it plans to add approximately 2,000 metres to testseveral newly identified targets along a four km strike length of altered andfavourable host rock with mineral showings. The additional drilling is projectedto cost approximately $1.0 million.
The company said it has now completed31 holes (seven of which were lost prior to target depth) for 7600 metres in the2009 program and is awaiting assays for 18 holes.
Total exploration todate of approximately 35,000 metres has resulted in discovery of two significantzones of mineralization - the Main Homestake zone and the Homestake Silver zone.The new airborne geophysics clearly identifies strong potassic anomaliesassociated with both areas of known mineralization and several significantlylarger anomalies within the 27 square kilometre project.
Bravo presidentJoe Kizis said it is possible that the best targets at Homestake Ridge have yetto be tested. He noted that the anomalies associated with known zones ofmineralization are smaller than other potassic-alteration anomalies of similarmagnitude. "We have always felt that Homestake Ridge had district-scalepotential because these types of deposits rarely occur alone. The recentlycompleted geophysics indicates that we may have just scratched the surface inexploration to date," he said.
Further 2009 drill results, particularlysamples of holes 141 and 143 on the Homestake Main zone and the remainder ofhole 137 and holes 142 and 146 at the Homestake Silver zone, are in for assayand results will be reported as they are received, the company said. An updateddrill-hole location map and airborne geophysics map are available on thecompany's website,
www.bravoventuregroup.com.
About Bravo Venture GroupInc.
Bravo Venture Group Inc. is focused on exploring its precious andbase metal-rich Homestake Ridge project in British Columbia, a gold-richepithermal/VMS-related system within Eskay Creek/Silbak-Premier stratigraphy.Pursuant to the recently announced "Plan of Arrangement", Bravada Gold Corp.will focus on exploring Bravo's extensive Carlin-type gold holdingsstrategically located within the Battle Mountain/Eureka "Cortez" gold trend inNevada.
On behalf of the Board of Directors
Joseph A. Kizis Jr.,Director, President, Bravo Venture Group Inc.
We seek safeharbor.
The TSX Venture Exchange has not reviewed and does not acceptresponsibility for the adequacy or accuracy of the contents of this newsrelease, which has been prepared by management.