Recent Drilling At Wind Mountain Project

VANCOUVER - Bravada Gold Corporation has received assay results for the three deep reverse-circulation holes drilled during 2022. The holes tested below a banded vein zone discovered in Q4 2020 beneath mine waste and other overburden at the Feeder target, located approximately 450m south of the Wind Open Pit and where hole WM20-102 intersected 1.5 meters of 269.0g/t Ag and 0.404g/t Au within a thicker interval of banded quartz veining with anomalous gold and silver. The three 2022 holes intersected zones of low-grade disseminated gold and silver within the Truckee Formation, which is the host for the current resource of disseminated oxide gold north of the Feeder target. However, the banded quartz vein zone did not persist to the depths tested. Below disseminated mineralization in the Truckee Formation, however, many vein zones were encountered in the holes which are enriched in manganese, barium, tungsten, nickel, and zinc.

President Joe Kizis, said, "It may be that the banded quartz veins intersected during 2020 and 2021 at shallower depths than we tested in 2022 are a result of boiling of a younger, and possibly less gold-rich hydrothermal fluid than the fluids responsible for the large, disseminated mineralization farther north. The widespread manganese-rich zones that we encountered deep during this program are very similar to late-stage black manganese carbonate veins that are unmineralized and cut gold mineralization in the Wind Pit. We now will direct our full attention at Wind Mountain to de-risking the disseminated oxide gold resource towards production with the next important step being the independent, updated Resource and PEA that is now well underway with results expected early in Q4 2022."