Bravo has acquired 100% interest in the Silver Basin Project which is located 14 km southeast of Bravo’s Homestake Ridge project in NW British Columbia.

The Silver Basin Project consists of a single amalgamated claim of 760 ha.  Bravo can acquire 100% interest, subject to a royalty of 1.5% of which up to 1% can be purchased for $1million, by making staged payments totaling $200,000 and incurring $500,000 in expenditures over a four-year period.

The only modern work at the project has been surface sampling, even though the geologic setting is similar to nearby Homestake Ridge project and the Dolly Varden silver camp.  Hazelton volcanic and sedimentary rocks underlie the project, which is the same package of rocks that host the bonanza-grade Eskay Creek mine farther north.  Grab and select rock chip samples at Silver Basin contain concentrations that range from background levels up to 8920g/t silver, 25.8% copper, and 0.98g/t gold.  The geological study and sampling completed during 2007 assisted in developing drill targets for testing in 2008. Historic production from the adjacent Dolly Varden camp was in excess of 20,000,000 ozs Ag.

President Joe Kizis said, “The Silver Basin Project provides Bravo shareholders with another exciting project near our existing 100% owned Homestake Ridge Project.”  Both projects lie within or immediately adjacent to the Kitsault River drainage. This provides several operational advantages, including road access from Alice Arm and nearby deep-water tide water north to a hydropower station being developed at Kitsault Lake.  The road lies between the Homestake and Silver Basin projects, approximately <1 km at its closest point to Homestake and 6 km at its closest point to Silver Basin.