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Wind Mountain Project Expansion Holes Drilled

Wind Mountain Project Expansion Holes Drilled

VANCOUVER – Bravada Gold Corporation reported assays for the first batch of seven In-fill and Expansion reverse-circulation holes drilled at the Wind Mountain Au/Ag Project in northwestern Nevada. The recently completed program totaled 17 holes (2,186.8 meters) and consisted of: a) 13 holes (1,324.3 meters) into under-drilled portions of and potential extensions of the existing oxide resource near the Breeze open pit where shallow, higher-than-average gold and silver grades are expected based on geologic projections, and b) four holes (862.5 meters) at the Feeder Target to offset a vein zone encountered in hole WM20-102, which intersected 1.5 meters of 4.5g/t Au-eq (0.404g/t Au and 269.0g/t Ag) within a thicker interval of quartz veining with anomalous gold and silver mineralization.

President, Joe Kizis, said, “The purpose of this drill program was to validate our belief in the extension of the gold oxide resource in areas which were not mined when the property was in production by its previous owner. The geologic model for the shallow, oxide gold resource is validated, based on assay results from the first batch of drill results. The holes generally contain thicker and stronger gold and silver mineralization than projected into those areas for the 2012 Independent Resource Estimate, which was based on insufficient drilling available in 2012 for these areas and were thus given low or no resource estimates.

Holes WM21-108 and -109 are particularly exciting because they expand an area with similarly strong assays in nearby historic drill holes, suggesting the area is a possible up-welling zone from a feeder vein system at depth, which we will evaluate further via 3D modeling and possibly follow-up drilling later this year with the intention to obtain a current independent resource calculation of the expanded oxide gold resource of the property.”

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