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Bravada Announces Phase III Drilling Begins at Baxter Property, Nevada
May. 15, 2017 08:38AM PST
Precious MetalsBravada Gold Corporation (the “Company” or “Bravada”) (TSXV:BVA)(STUT:BRTN)(OTCQB:BGAVF) has received notice that a third-phase drilling program is underway at the Company’s Baxter Low-sulfidation gold property in the Walker Lane Gold trend in Nevada. Kinross Gold U.S.A., Inc., a wholly owned subsidiary of Kinross Gold Corporation (“Kinross”), plans to drill 8 to 12 reverse-circulation (R.C.) holes …
Bravada Gold Corporation (the “Company” or “Bravada”) (TSXV:BVA)(STUT:BRTN)(OTCQB:BGAVF) has received notice that a third-phase drilling program is underway at the Company’s Baxter Low-sulfidation gold property in the Walker Lane Gold trend in Nevada. Kinross Gold U.S.A., Inc., a wholly owned subsidiary of Kinross Gold Corporation (“Kinross”), plans to drill 8 to 12 reverse-circulation (R.C.) holes for approximately 2,600 meters.
As quoted in the press release:
President Joe Kizis commented, “Baxter is a good example of our business plan to acquire projects with exploration potential for high-margin gold deposits and to conduct the work necessary to make them attractive to larger partners that can advance the projects via work programs to earn equity positions in the properties. Our partners spent approximately US$1.5million on Bravada’s properties in Nevada during 2016. That work resulted in the discovery of shallow, oxide gold mineralization at Baxter and in a refined high-grade gold target at Quito, where drilling is expected to begin in July.”
