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Bravada Gold Corporation(TSXV:BVA) announced an increased resource estimate at its Wind Mountain property. The Company are hoping to file a technical report on SEDAR in the next 45 days.
Bravada Gold Corporation(TSXV:BVA) announced an increased resource estimate at its Wind Mountain property. The Wind property resource estimate has increased significantly since the 2007 report. Bravada are expecting results from the preliminary economic assessment at the property over the next seven weeks. The Company are hoping to file a technical report on SEDAR in the next 45 days.
Highlights include:
The Indicated resource category has increased to 570,500 ounces of gold from the 2007 estimate of 405,543 ounces, an increase of 164,957 ounces.
The Inferred resource category has increased to 354,300 ounces of gold from the 2007 estimate of 92,437 ounces, an increase of 261,863 ounces.
Bravada, President, Joe Kizis, stated:
Wind Mountain has excellent logistics and is located in mining-friendly northwest Nevada. The updated resource includes a lower cut-off gold grade to reflect higher gold prices than considered previously. In addition, inclusion of an important silver resource will allow flexibility in evaluating various potential development paths.
Click here to read the Bravada Gold Corporation (TSXV:BVA) press release
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