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The Kinskuch Project is a newly acquired 56,700ha property which borders the Homestake Ridge Property on the eastern side, and extends south east to tidewater at Bravo’s logistical center at Alice Arm. This strategic acquisition contains not only most of the access road to Homestake Ridge, but also contains over 37 historical BC minfile occurrences in areas that have been explored since the early 1900s. This acquisition substantially increases Bravo’s land holdings in the area and increases their regional presence in a district that has already produced a substantial amount of base and precious metals.
Initial exploration on the Kinskuch property will focus on two areas in the same stratigraphic section as the Homestake Ridge deposits: the area bordering the access road from Bravo’s logistical center in Alice Arm, where limited soil sampling contains gold values from 1 to 660 ppb; and Illiance Valley, where multiple Ag-Au-Pb-Zn enriched mineral showings occur along a 8 kilometer long trend of discontinuously exposed felsic tuff and intrusive rocks.
Select chip and grab samples taken by Teck Cominco Ltd in 2001 at several occurrences along the Illiance River trend returned values of up to 3761g/t Ag, 7.6% Pb and 17.0%Zn (1) with several samples containing in excess of one gram per tonne gold. Limited soil sampling at the Gold Stream target by the Optionor outlined a 300 metre x 900 metre gold-in-soil anomaly (>40ppb) that is open on three sides and represents a possible early-stage drill target on the project for the upcoming 2011 exploration program.
The Kinskuch property provides Bravo with several near-term drill targets and much attractive and highly prospective ground in this strongly mineralized district. Any discoveries will be accretive to the 43-101 compliant resources at the two deposits already discovered by Bravo at the adjacent Homestake Ridge property. Initial exploration in 2011 will begin on areas in the same stratigraphic section that hosts the Homestake Ridge deposits, including Esperanza and Road North Anomaly, which border the access road from Bravo’s logistical center in Alice Arm, and the Illiance River Trend. Three possible early-stage drill targets have been identified on the property through detailed data review and compilation, and these will be field checked prior to choosing drill sites. Other exploration will focus on the identification of additional drill targets. Airborne geophysics is planned to assist with geologic mapping and targeting in this area of very poor exposure, where mineral deposits can be well hidden.
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(1) Bravo advises that the reported values are from historic sampling, and remain unverified. Grab and select chip samples may not be representative of all mineralization on the property