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Bravada Gold Corp.
Summary
| Project: | SF | |
|---|---|---|
| Deposit: | SF | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 8/14/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-8-2019: Bravada Gold Corp. announces an Exploration/Drilling Update report for its SF deposit at the SF project. Phase I drilling results incl. spikes of +100ppb Au. Vancouver, British Columbia--(Newsfile Corp. - August 14, 2019) - Bravada Gold Corpora | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Joseph Anthony Kizis, Jr (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - August 14, 2019) - Bravada Gold Corporation (TSXV: BVA) (the "Company" or "Bravada") reports that it has received all assays from a recently completed Phase I, two-hole (878m total), reverse-circulation drilling program at the Company's SF property, located ~6km east of Barrick's Goldrush development-stage gold mine in the prolific Cortez district. These are the first holes to be drilled on the SF property and targeted mineralized Wenban Formation rocks beneath a broad, poorly exposed "hanging wall" anticline in the Horse Canyon Formation where the Company had previously collected widely scattered rock-chip float samples that contain anomalous gold (50 to +100ppb Au) and arsenic (+100ppm As). Drilling successfully intersected anomalous gold and base-metal mineralization within alternating Horse Canyon and Wenban stratigraphy (see Figure 1), which are repeated along a sequence of stacked thrust sheets. The Wenban Formation is well exposed west of the drill holes, is the main host rock at Goldrush and other nearby deposits, and is the conceptual target stratigraphy of current exploration on the property. The two holes successfully verified the geologic setting of the target and the presence of anomalous gold and base metals. The next phase of work will consist of geophysical testing to refine targeting for the next phase of drilling. | |
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