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Homestake Ridge - British Columbia

In 2011, Homestake Resource reported an updated mineral resource estimate, (NI43-101 compliant) of 191,000oz gold and 1,350,000oz silver indicated plus 530,000oz gold and 13,470,000oz silver inferred at a 3.0 g/t AuEq. cut-off in two separate deposits.

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Message: HAYWOOD SECURITIES (01/19/10)

HAYWOOD SECURITIES (01/19/10)

posted on Jan 27, 2010 11:30PM

Bravo's key Homestake Ridge project delivered strong results from the drill bit in 2009, as a result of its 13,500m drill program (48 holes). Highlights included 41.6m grading 6.1 g/t Au and 11.3 g/t Ag from the Homestake Main Zone, and 41.1m grading 4.0 g/t Au and 176.6 g/t Ag from the Homestake Silver Zone. Bravo continued to confirm and expand upon the gold exploration potential at Homestake early this year by tabling significant gold grades from the Homestake Silver Deposit: 24.4 metres grading 12.1 g/t Au and 6.8 g/t Ag.

For 2010, look for results pending from the 2009 program at Homestake Ridge (five drill holes pending) and the return to drilling in the 2010 season, potentially in June. With roughly $9.7 million in cash, Bravo is well-financed to continue drill testing targets at its Homestake Ridge project in 2010."

-CHRIS THOMPSON, HAYWOOD SECURITIES (01/19/10)

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