LOI Signed On Baxter Gold-Silver Property

VANCOUVER - Bravada Gold Corporation has signed a non-binding Letter-of-Intent (LOI) with Endeavour Silver Corp. granting it the option to earn an 85% interest in the Baxter gold and silver property, located directly north of the Bruner project in Nevada's Walker Lane Gold trend. Baxter consists of 114 unpatented lode claims (approximately 920 hectares).

President Joe Kizis, said, "This potential agreement with a growing, successful mining company like Endeavour Silver is a great, low-risk opportunity for Bravada to piggy-back off of Endeavour's adjacent Bruner deposit. Endeavour benefits from adding potentially high-margin, shallow oxidized gold from the Sinter Target for a modeled heap-leach site on Bruner that is directly south of Baxter's claim boundary. Bravada's broad portfolio of high-quality gold properties in Nevada continues to receive active interest by potential partners, and the Company looks forward to announcing other beneficial deals if and when they mature."