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Bravada Reports Assays from 2021 Drilling at the Highland Gold/Silver Property, Nevada; Re-Acquires 100% Interest
HIGHLIGHTS Assays for seven reverse-circulation holes received, four holes in the Western ...
About this update from Bravada Gold Corporation
[{"type":"text","content":"Bravada Reports Assays from 2021 Drilling at the Highland Gold/Silver Property, Nevada; Re-Acquires 100% InterestHIGHLIGHTSAssays for seven reverse-circulation holes received, four holes in the Western Vein zone and three holes in the Big Hammer/Sinter region.Numerous +0.3g/t gold intervals intersected with low values of base metals and low-temperature vein textures, suggesting only shallow levels of the hydrothermal system were tested.A down-faulted northerly extension of the main Western Vein zone was intersected beneath overburden, returning multiple 0.3g/t gold values associated with low-temperature vein mineralogy and textures indicating exploration potential at deeper levels over a strike length of approximately 400 metres.Holes from the Big Hammer/Sinter region indicate significant lateral flow of mineralizing fluids to form widespread sinter, shallow-level alteration and vein textures, and locally significant gold mineralization; major upwelling zones, where potentially high-grade gold may have developed, have not been encountered to date in this region of the property.Geologic mapping at the Geyser and Cabin targets have refined those targets; both targets occur at the intersection of northwest-trending fault zones and an older caldera rim fault. Surface samples of veins contain values up to multi-gram/ton gold.Drilling, mapping, and gravity geophysics were conducted as part of a 2021 earn-in agreement; however, the property has been returned to Bravada, which continues to hold a 100% interest in Highland.Vancouver, British Columbia--(Newsfile Corp. - October 5, 2021) - Bravada Gold Corporation (TSXV: BVA) (FSE: BRTN) (the \"Company\" or \"Bravada\") reports 2021 Highland drill results conducted by an earn-in partner that has elected to return the property to Bravada without earning an interest. Seven holes (a total of 2,098.4 metres) were drilled in two areas. A preliminary evaluation of the program is summarized below, with further analysis planned.President Joe Kizis commented, \"Highland is a large property with multiple \"hot spots\" of high-grade gold at surface in the upper portion of a large low-sulfidation-type gold/silver system where undiscovered high-grade vein deposits may be preserved in their entirety. A recent example is Hecla's discovery in December 2020 of the Green Racer deposit beneath barren sinter ...