Bravura Ventures announces acquisition of additional property at the Musgrove Creek Gold Project
VANCOUVER, Sept. 14, 2016 - Bravura Ventures Corp. (CSE: BVQ) (FSE: 23B) (OTCBB: BRVVF) ("Bravura" or the "Company") would like to announce announces the acquisition of 38 additional unpatented lode mining claims at the Musgrove Creek Gold Project, near Salmon, Idaho. The claims were staked between September 2nd and 7th by a licensed Idaho surveyor. These additional claims add approximately 302.7 hectares (748 acres) to Bravura's land package, and help to secure the discovery potential within the project area.
Musgrove Creek is a gold exploration project located in Lemhi County, Idaho. Musgrove Creek contains an inferred mineral resource estimate of 8 million tonnes at 1.22 g/t Au (0.036 oz/ton) at a gold cut-off of 0.8 g/t (0.023 oz/ton), equivalent to 9,761 kg (313,822 oz) of gold at zero dilution. This estimate was calculated by Mr. David Makepeace, P. Eng. Of Geospectrum Engineering, and detailed in the "Technical Report on the Musgrove Creek Gold Project", by Gruenwald W. and Makepeace, D. for Wave Exploration Corp (Feb., 25, 2004). The Company views this inferred resource estimate as historical in nature, and is not treating this estimate as a current mineral resource. Insufficient work has been conducted on the property by a qualified person to verify and classify this as a current mineral resource. Additional drilling is required to verify and upgrade the status of this preliminary resource estimate and it should not be relied upon until supported by an updated and compliant NI 43-101 technical report. Please see Bravura News Release of 2016-09-07 for further details.
The most recent drilling on the Musgrove property was conducted by prior-operator Journey Resources Corp. in 2009. Drill holes along the mineralized trend 350 m and 415 m (1150 and 1362 ft) northwest of the above-described resource on Bravura's claims encountered significant gold mineralization as detailed in the following table:
| Drill Hole | From (m) | To (m) | Width (m) | Au g/t | Azimuth, dip, comments |
| MG-09-62 | 25.9 | 30.5 | 4.6 | 5.07 | 90°, -80° |
| 33.5 | 39.6 | 6.1 | 1.32 | ||
| 62.5 | 64 | 1.5 | 6.01 | ||
| MG-09-63 | 12.2 | 15.2 | 3.0 | 11.15 | 270°, -60° |
| MG-09-64 | 16.8 | 21.3 | 4.6 | 3.11 | 90° |
| 38.1 | 44.2 | 6.1 | 8.71 | Includes 1.5m @ 23.1 g/t | |
| 68.6 | 76.2 | 7.6 | 3.92 |
QA/QC procedures used during the drilling program included inserting a rig duplicate sample, a standard sample, and a coarse blank sample within the sample submission at a rate of one of each per laboratory batch. ALS Chemex performed the sample preparation and analysis. An additional six holes was drilled by Journey between the resource and these three holes on property not yet controlled by Bravura. Further drilling and interpretation of these significant intercepts will be necessary to determine the true width of the mineralization, and if they indicate mineralized zones that may add to the existing historical resource.
Planned exploration activity by Bravura will be focused on confirming, defining and expanding upon known mineralization, with the objective of delineating a current mineral resource. An updated NI 43-101 report is currently being prepared and we anticipate it to be completed over the coming months.
Qualified Person - Robert M. Hatch, Registered Geologist, is the Qualified Person as defined in National Instrument 43-101, that has reviewed and approved the contents of this press release.
Greg Burns, President and CEO of Bravura commented: "Acquiring the additional claims is a big step in the Company's direction of building a resource at the Musgrove Creek Gold Project."
About Bravura Ventures Corp.
Bravura Ventures Corp. is a mineral-exploration resource company trading on the Canadian Securities Exchange. The Company is currently acquiring, and intends to begin exploring, the advanced exploration-stage Gold Projects.
BRAVURA VENTURES CORP.
"Greg Burns"
_______________________
Greg Burns, Director
Forward-Looking Information This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that Bravura Ventures Corp. (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
SOURCE Bravura Ventures Corp.
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