Gold Exploration and Development in Nevada
Bravada Gold Corporation (TSXV:BVA) is focused on exploring and developing precious metals properties in the world-class gold jurisdiction of Nevada. Bravada Gold has a large portfolio of high-quality properties, from early-stage exploration to advanced-stage exploration and pre-development, in well-established gold trends. Bravada Gold’s strategy is to target properties which can be moved to the next stage of exploration or development cost-effectively, increasing the value of the property while decreasing risk; hence, making the property more attractive to earn-in and option agreements with partner companies.
Bravada Gold’s latest success is the Wind Mountain gold/silver project. Wind Mountain is a pre-development stage property with a compliant resource and positive updated PEA in 2012. Bravada Gold has signed a definitive option agreement for the sale of the Wind Mountain Property to SolidusGold Inc. for a price totaling C$5.2 million in cash and shares. The proceeds will help fund the advancement of other properties in the Bravada portfolio.
Bravada Gold currently holds 15 exploration and development properties in Nevada for a total of approximately 10,000 hectares. The properties are being explored directly by Bravada Gold and through option and joint-venture agreements with partner companies.
- +10 years of exploration focused on gold in Nevada.
- Portfolio approach with significant work conducted by funding partners.
- Developed a significant gold/silver resource on Wind Mountain property and selling to SolidusGold for $5.2MM.
- Identified a barite resource on Shoshone Pediment property, sold barite rights to Baker Hughes with royalty retained by BVA. Mine being permitted with small royalty stream expected late 2015.
- Bravada Gold holds a portfolio of exploration properties, many with significant gold in drill holes and drill targets identified for expansion of mineralization.
- Most recent partner deals with Kinross at Baxter property and Goldspike at South Lone Mountain.