Bravada Prepares to Drill Signal Project in Early June 

VANCOUVER, BC - Bravada Gold Corporation reported that it expects diamond drilling to commence at its wholly-owned Signal property in Nevada. The project is located in the northwestern portion of the Eureka District, which includes Barrick Gold Corp's Ruby Hill mine, six kilometres to the east of Signal.

Two core holes (approximately 1,200 metres total) are planned to test the intersection of a high-angle feeder fault with favourable Devonian "Lower Plate" carbonate host rocks projected from nearby exposures. The feeder fault is related to a small, near-surface Carlin-type gold occurrence that was the subject of previous drilling by Bravada's principal shareholder, Bravo Gold Corp. Such relatively small Carlin-type occurrences can be used as a guide to unexposed and much larger Carlin deposits because they often represent leakage haloes around the larger deposits, often along the same feeder faults.

Bravada has a portfolio of 13 properties (approx.9,000 hectares, or approximately 35 square miles), one of the largest land position of any junior in the Battle Mountain-Eureka Gold trend. Drill targets have been identified and permitted at six of the projects. Other property acquisitions are being considered that could further enhance exploration success.

The largest Carlin-style gold deposits occur along two major trends in Nevada; the Carlin trend and the Battle Mountain-Eureka trend. Deep crustal features are believed to be responsible for the trends. Along these trends, deposits further cluster as districts and sub-districts. A striking characteristic of large Carlin-style gold deposits is their association with smaller gold deposits that have virtually identical alteration and geochemistry signatures. For example, relatively small gold deposits were discovered at and around the Cortez mine decades before the discovery of the much-larger Pipeline and Cortez Hills deposits. Goldstrike and Turquoise Ridge are other very large deposits that were discovered long after nearby small deposits were placed into production.

The companies address is Suite 1100, 1199 West Hastings Street, Vancouver, BC V6E 3T5.