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Bravada Gold Announces Updated 2011 Exploration Program and Closing of Private Placement
Nov. 16, 2011 12:33PM PST
Company NewsBravada Gold Corporation (TSXV:BVA) announced closing its oversubscribed private placement which consisted of 18,800,000 common shares for gross proceeds of $940,000. The Company also completed 50 holes on Wind Mountain for a total of 4,108.5m, due to this the Company is currently updating the Wind Mountain PEA. Bravada also reported exploration updates for its Quito project.
As quoted in the press release:
Geologic modeling is nearly complete for Bravada’s Quito project. Numerous attractive drill targets are being developed where anomalous surface geochemistry is associated with modeled faults and host rocks. Computer modeling will begin soon for Bravada’s three Cortez district properties (Colorback, NSR, and Granite Mountain).
Click here to read the Bravada Gold Corporation (TSXV:BVA) press release
Click here to see the Bravada Gold Corporation (TSXV:BVA) profile.
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