Drill Rig Mobilized To Test Feeder Target At Wind Mountain Gold-Silver Project

VANCOUVER – Bravada Gold Corporation reported that a drill rig is expected to mobilize to the Company’s 100% owned Wind Mountain gold/silver project in northwestern Nevada after the Thanksgiving holiday. Three or four reverse-circulate drill holes are planned to depths ranging from 360m to 580m as the first relatively deep test of the interpreted feeder zone of this large hydrothermal system. The Feeder target is interpreted as the deeper source area for gold/silver-bearing hydrothermal fluids that resulted in the shallower disseminated gold/silver open-pit deposit previously mined by Amax Gold and the remaining Resources defined by Bravada. Evidence for the target concept is from Amax’s shallow condemnation drill holes and Bravada’s geological mapping, geochemical sampling, magnetic geophysics, and nearby 2017/18 deep drill holes. Disseminated gold and silver mineralization on the Wind Mountain property is exposed over a strike length of +6km, indicating a robust gold system that spread laterally over a large area within permeable host sediments; however, a high-grade “feeder” zone has not been discovered to date and that is the objective of this campaign.

The Wind Mountain Property is in northwestern Nevada approximately 160km northeast of Reno in a sparsely populated region with excellent logistics, including county-maintained road access and a power line to the property. It is an historic past-producing, bulk-tonnage gold-silver mine. An independent resource estimate and Preliminary Economic Evaluation for Wind Mountain commissioned by Bravada in 2012 reported: 570,000 ounces of gold and 14.7 million ounces of silver in the Indicated category; and 354,000 ounces of gold and 10.1 million ounces of silver in the Inferred category.