Bravo Develops Infrastructure At Homestake Ridge Property
Tuesday May 6, 12:08 pm ET

VANCOUVER, BC - Bravo Venture Group Inc. reported on what it termed extremely positive developments relating to infrastructure, access and eventual power supply for its 100% owned Homestake Ridge gold/silver property in northwest British Columbia.
The company said an agreement to lease exploration camp facilities at Alice Arm, 30 km south of the project, includes provision for access to a new road leading directly to the Homestake Ridge property and three new hydroelectric projects being developed by private interests in the Upper Kitsault Valley.
Bravo is planning an aggressive 2008 drilling program of approximately 7,500 metres designed to further expand and evaluate the existing 900,000 ounce inferred gold resource and to further evaluate several additional exploration areas. The summer multi-rig drill program will test extensions of the known deposit, particularly to the northwest. Several holes will also explore for possible bonanza-grade feeder faults beneath the known stratabound mineralization.
Bravo said the new agreement on infrastructure and access is expected to have a beneficial impact on 2008 and future exploration/development costs. "We will be able to drive within a few kilometers of the project this year and right onto the project in ensuing years," said company president Joe Kizis.
He noted that one of the three hydro generating facilities being constructed is within the Homestake Ridge property boundaries. "Having access to power generated on or within a few kilometers will greatly reduce potential mine development costs," he said.
The company's address is Suite 1100, 1199 West Hastings Street, Vancouver, BC V6E 3T5, 604.684.9384, fax: 604.688.4670.