Additional High-grade Silver at Homestake Ridge

VANCOUVER, BC - Bravo Venture Group Inc. reported additional silver assays from its 100 percent owned Homestake Ridge project in NW British Columbia including new high-grade intervals from the Homestake Silver target and strongly anomalous values from the "Hangingwall Silver zone" at the Main Homestake target.
The company said the higher silver grades were returned from hole HR-104 and include a 1.2 metre intercept of 468.0g/t Ag within a 12.5 metre interval averaging 57.8g/t Ag and 0.1g/t Au. Additional higher grade silver, including 273.4g/t Ag over 2.6 metres, was returned from a second mineralized zone within the hole.
Drill hole HR-104 is one of three new drill holes cored into the Homestake Silver zone in 2008, for a total of six drill holes in this target, and represents a 85 metre lateral and greater than 40 metre vertical offset from the previous drilling. Both HR08-104 and HR08-95 (see Table I) reported distinctly stronger overall gold assays than have been previously returned from this zone and may reflect vectors to a more gold-enriched part of the Homestake Silver mineralizing system. Three dimensional modeling shows a distinct northwest alignment of the Homestake Silver and Main Homestake zones, extending the overall strike of this evolving mineralized trend to over 1.4 kilometres in length.
Additional silver-rich assays were returned from the Main Homestake zone where a 9.8 metre interval of strongly anomalous silver from drill hole HR08-93 averaged 50.3g/t Ag and 1.5g/t Au, demonstrating the continuity of the "Hangingwall silver" zone which can be traced over the central part of the main zone for roughly 175 metres strike and 75 metres down dip. Previously reported values from the hangingwall silver zone include a 22.3 metre interval averaging 513.7g/t Ag from hole HR08-96 (NR-24-08).
The company also reported that preliminary gold assays from drill holes HR08-97 and HR08-109 continue to demonstrate near surface, bulk-tonnage gold grades in the upper parts of the deposit. Hole HR08-97 averages 1.1g/t Au over 14.0 metres and includes a higher grade interval of 14.5g/t Au over 0.7 metres. This hole is an approximate 35 metre lateral offset to hole HR06-50 (45.3m grading 2.6g/t Au; see NR-01-07) and intersected mineralization at less than 15 metres below surface. Similarly, drill hole HR08-109 collared in mineralization and includes a 16.8 metre interval grading 1.1g/t Au.
Bravo has now completed 42 core holes totaling more than 8,400 metres of drilling at Homestake Ridge in 2008. Thirty-five drill holes have been completed at the Main Homestake Ridge target, three drill holes have been completed at the Homestake Silver target, and two holes have been completed on each of the Vanguard Gold and Vanguard Copper targets. Drill holes HR08-117, HR08-118 and HR08-120 which were designed to offset previously reported high-grade mineralization in hole HR08-87 (52.5 metres true-width grading 21.0g/t Au; have been logged and sampled. The camp at Alice Arm has been decommissioned for the season and all drill core moved to warehouse storage facilities in Prince Rupert, BC. Core logging and preparation of samples for assay will continue through the month of November. To date assays have been received for 20 drill holes. Assays are pending for the remaining 22 drill holes.
The company's address is Suite 1100, 1199 West Hastings Street, Vancouver, BC V6E 3T5, 604.684.9384, fax: 604.688.4670.