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Bravada Gold, President, Joe Kizis discusses the updated 2022 PEA for the Wind Mountain Project in a drone video

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Bravada Gold, President, Joe Kizis discusses the updated 2022 PEA for the Wind Mountain Project in a drone video

 

 

 

 

 

President Joe Kizis, an exploration geologist, discusses Bravada Gold’s (TSX-V:BVA) (OTCQB:BGAVF) 2022 updated PEA with the aid of a drone video. An embedded copy of the video can be found on Bravada’s website here. Alternatively, click here or click on the image below for a direct link to the video.

 

Preliminary Economic Assessments, commonly referred to as PEA’s, contain a lot of technical data that can be difficult for investors to evaluate, particularly if they are unfamiliar with the “lay of the land.”  The video helps to appreciate some of Wind Mountain’s significant advantages as they relate to the economics of a gold deposit. These include:

  • Location – about a 1:40 hours drive from Reno, almost all on paved roads, with a County gravel road surrounding the property on two sides.
  • Power – a powerline to the property is connected to the Nevada Power Grid and Ormat’s Empire Geothermal Power Station is about 4km to the south of the property.
  • Climate – the San Emidio Desert is dry and the property is not included in potentially sensitive Sage-grouse prime habitat.
  • Easily accessible gold/silver mineralization –  exposed at surface on a hill resulting in a very low strip ratio; leach pad sites downhill in the flats result in reduced operation costs for hauling leach-grade material.
  • Population – the area is sparsely populated with few inhabitants and industrial neighbors being a geothermal power plant and an alfalfa farm.

 

The current distribution of drill holes is sufficient to delineate a significant amount of Indicated-category Resource. That category is sufficiently well delineated to use in a Pre-feasibility Study in order to convert Resource ounces into more valuable Reserve ounces. Reserve ounces will be necessary for permitting a mine and for financing its construction.

 

Posted December 13, 2022

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