New assays from 2011 drilling that expands the Homestake Silver deposit at its 100% owned Homestake Ridge project located in northwestern British Columbia were reported by Bravo Gold Corp. (TSXV:BVG,FWB:B6I). Drilling intersected multiple zones of strongly silver-enriched mineralization, which contain several high-grade intervals including a 3.7 metre (estimated true thickness) interval averaging 587.2g/t silver (10.5g/t AuEq), within a 12.2 metre interval averaging 253.5g/t silver from drill hole HR11-237.
As quoted in the press release:
The company has now received all assays from this season’s 23-hole program on the Homestake Ridge property. Highlights include:
- the expansion of the both the main mineralized horizons and several hangingwall horizons of the Homestake Silver deposit, and
- the discovery of the new high-grade South Reef deposit, located approximately 700 metres to the southwest of the Homestake Silver deposit. Assays from the first three drill holes to test this area returned high-grade gold mineralization averaging +30g/t gold over intervals of 1 to 3.1 metres and to depths of up to 260 metres below surface (see NR-02-12 and NR-14-11).
A drilling program to delineate the new high-grade South Reef deposit is being formulated as a major focus of the 2012 program at the Homestake Ridge Project.
Click here to read theBravo Gold Corp. (TSXV:BVG,FWB:B6I) press release
Click here to see the Bravo Gold Corp. (TSXV:BVG,FWB:B6I) profile.
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|---|---|---|---|
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| Palladium | 1939.27 | +62.27 | |
| Platinum | 912.90 | +1.91 | |
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