Additional Higher Grade Results At Wind Mountain Au/Ag Project

VANCOUVER - Bravada Gold Corporation reported on assays for the final 10 In-fill, Expansion, and Exploration reverse-circulation holes drilled at the Wind Mountain Au/Ag Project in northwestern Nevada. The recently completed program totaled 17 holes (2,186.8 meters) and consisted of 13 holes (1,324.3 meters) into under-drilled portions of and potential extensions of the existing oxide resource near the Breeze open pit and four holes (862.5 meters) at the Feeder target to offset a vein zone encountered in hole WM20-102, which intersected 1.5 meters of 0.404g/t Au and 269.0g/t Ag within a thicker interval of quartz veining with anomalous gold and silver mineralization.

Assays from the final six holes of the Resource Upgrade program continue to provide additional encouraging results. Nine holes of the 13-hole program returned near-surface, thick zones of oxidized gold and silver with higher grades than estimated for those areas in the 2012 Resource Estimate/PEA, confirming our 3D geologic model.

This program focused on a shallow portion of the 2012 Resource with strongly oxidized mineralization that is exposed in surface outcrops and in the small Breeze open pit (Amax 1990's). Disseminated gold and silver mineralization occurs in multiple, gently south-dipping mineralized horizons, which were permeable horizons and possibly boiling horizons. Higher grades occur within the disseminated horizons along several northeast, north, and northwest fracture zones. Within these fracture zones are narrow intercepts of much higher grades of gold and silver mineralization, often with 1.5m and longer drilled intervals returning 1 to +10 grams gold per tonne (g/t) and 50 to +300g/t silver.

President, Joe Kizis, said, "We are pleased that this phase of the Resource Upgrade program successfully demonstrates that higher grades exist where our 3D model predicts. The holes provide higher confidence to model these zones for our planned Q1 2021 update to the 2012 Resource and PEA in an area that was largely categorized as Indicated Resource, a category that is acceptable for Pre-feasibility Studies, and which may be developed into a near-term Phase I open-pit/heap-leach mining operation."