Bravada Gold drilling Wind Mountain Gold Project, Nevada
Bravada Gold Corp. [TSXV: BVA] reported that it has commenced an approximately 2,300-metre drill program at its wholly owned Wind Mountain Gold Project in Nevada.
The Wind Mountain drill program is comprised of two targets: historic waste dumps and extensions of the current resources, with many of the possible extensions beneath the dumps. The program includes 31 holes ranging from 7 to 30 metres in depth to test historic waste dumps, with the objective of fully converting these dumps into resources.
It also includes 16 holes, most of which will be extensions of the dump test holes, ranging from 60 to 210 metres in depth to target resource expansion at the Wind and Breeze pits. Drilling will be completed using a single reverse-circulation drill rig utilizing a casing advance technique for the dump portions of the holes and is expected to be finished by the end of the third quarter.
The company has recently completed the staking of 60 new claims west of the deposit. The additional claims expand Wind Mountain’s land position by nearly 50%, increasing the project from 124 claims to 184 claims and bringing the total area to approximately 1,490 hectares (3,600 acres). The new claims strengthen the Project’s exploration potential and cover areas being considered for heap-leach infrastructure in the upcoming updated PEA. The updated PEA remains on schedule, and results are expected to be announced in the third quarter.
Bravada Gold is advancing the past-producing Wind Mountain gold-silver project, the company’s primary development focus and is being evaluated for a potential return to production.
A 2022 Preliminary Economic Assessment for Wind Mountain indicated compelling project economics, supporting the company’s continued work to advance the project through the next stages of development.
In addition to Wind Mountain, Bravada maintains significant exploration upside across its Nevada-based property portfolio, including the potential for new discoveries.