Second-Phase Drilling Begins On New Zone Of Shallow Gold Mineralization 

VANCOUVER, BC - Bravada Gold Corporation received notice that a second-phase drilling program is underway at the Company's Baxter Low-sulfidation gold property in the Walker Lane Gold trend in Nevada. Kinross Gold plans to drill 10 to 14 reverse-circulation (R.C.) holes for approximately 2,400 meters, followed by 1 to 3 core holes for an additional 450 meters.

Earlier this year, Kinross completed 16 R.C. holes for a total of 4,439 meters at the Baxter property and discovered a new zone of shallow, oxide gold mineralization at the Sinter target, one of several targets partially tested during the drilling program. Hole BAX16-13, for example, intersected 6.1m averaging 2.199 grams gold per ton (g/t gold) beginning at 32m depth within a thicker interval of 32.0m averaging 0.880g/t gold. Other holes in the target area intersected gold mineralization at approximately the same horizon. Geophysical data indicates mineralization may be controlled by an easterly trending fault, suggesting a long, untested strike length.

Encouraged by these early drill results, Kinross' next R.C. program will test lateral extensions of the new mineralization. The relatively shallow holes should also provide vectors to zones of potentially high- grade gold "feeders" beneath the high-level, disseminated mineralization. Potential feeders will be the target of the subsequently drilled core holes.