- Bravada Gold Corporation (BVA) has started reverse-circulation drilling at the company’s Wind Mountain gold/silver project
- The company owns a 100-per-cent interest in the project, located in northwestern Nevada
- The program will begin with approximately 1,400m of shallow in-fill holes
- The drill program could evolve into a Phase I starter pit
- Bravada Gold is unchanged, trading at C$0.085 per share
Bravada Gold Corporation (BVA) has started reverse-circulation drilling at the company’s Wind Mountain gold/silver project.
The company owns a 100-per-cent interest in the project, located in northwestern Nevada.
The program will begin with approximately 1,400m of shallow in-fill holes within a higher-than-average grade portion of the existing oxide resource.
The drill program could evolve into a Phase I starter pit.
Following the in-fill holes, approximately 600m will be drilled to explore deeper a potential feeder vein zone.
The goal is to complete an update to the resource and PEA by the first quarter of 2022.
“Veins are rare within the poorly consolidated sediments that host disseminated mineralization at Wind Mountain, and the vein zone intersected in WM20-102 is unusual in other ways. The vein zone includes hydrothermal breccia, which indicates strong hydrothermal activity often associated with boiling. However, the vein zone does not exhibit common boiling textures that are often associated with higher gold grades, suggesting boiling and significant gold deposition may have occurred deeper in the vein zone.
Further evidence of higher gold grades deeper is the presence of finely disseminated silver sulphides and the ratio of silver to gold, which is much higher than usual for Wind Mountain. Based on our paleo-reconstruction, the depth of the vein zone intersected in WM20-102 is estimated to be less than 150 metres below the paleosurface, consistent with other observations of being in the shallow part of the mineralizing system with the strongest gold mineralization occurring deeper.
The model will be tested where the vein zone cuts brittle rocks that should be favourable for more extensive vein development below the WM20-102 intercept,” said Bravada Gold President Joe Kizis.
Bravada is an exploration company with a portfolio of properties in Nevada.
Bravada Gold is unchanged, trading at C$0.085 per share.