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Bravada Summarizes Recent Drill Results at Wind Mountain Au-Ag Property, Nevada
Vancouver, British Columbia--(Newsfile Corp. - February 14, 2018) - Bravada Gold Corporation ...
About this update from Bravada Gold Corporation
[{"type":"text","content":"Bravada Summarizes Recent Drill Results at Wind Mountain Au-Ag Property, NevadaVancouver, British Columbia--(Newsfile Corp. - February 14, 2018) - Bravada Gold Corporation (TSXV: BVA) (OTCQB: BGAVF) (FSE: BRTN) (the \"Company\" or \"Bravada\") reports that remaining assays have been received for the two reverse-circulation holes completed recently at the Company's 100% owned low-sulfidation Wind Mountain project, a past-producing gold/silver property located in northwestern Nevada. Previous work by Bravada outlined a large, shallow oxide resource hosted by permeable sediments of the Truckee Fm (see resource and PEA details below in About Wind Mountain). The two recent holes were drilled in search of feeder zones within underlying Pyramid volcanic rocks that would be the roots of the blanket-like mineralization. Hole WM17-097 is located near the southern end of the property, where an Inferred gold resource at the South End deposit occurs near the base of the Truckee Fm. Hole WM17-098 is located about 1,500 metres north of -097 and is in the bottom of the Wind Pit, close to where disseminate gold mineralization is thickest within the Truckee Fm.Significant conclusions based on the drilling program and a subsequent review of existing data are listed below. A more detailed discussion can be found in a technical memo posted on the Company's website (http://www.bravadagold.com/uploads/projects/18windmtn_summaryreport_feb07.pdf).As previously announced, hole WM17-097 intersected significant low-grade gold and anomalous mercury in a thick package of tuffaceous sediments in the lower Pyramid Fm, which was previously thought to consist of a thick section of volcanic flows with only minor sediments based on published mapping to the east. The sediments are a potentially new host rock for gold at Wind Mtn.As previously announced, hole WM17-098 drilled through mineralized Truckee Fm within previously defined resource blocks and then intersected essentially fresh Pyramid Fm volcanic flows followed by a thick section of unaltered tuffaceous sediments. Previously pending assays from the bottom of this hole confirm the lack of mineralization, indicating significant lateral migration of ore fluids within the Truckee Fm from its feeder zone in the underlying Pyramid Fm.The lower Pyramid sediments are fresh in hole -098, but strongly altered to clay...