Bravo Venture Group Inc.
TSX VENTURE : BVG
FRANKFURT : B6I

Bravo Venture Group Inc.

December 07, 2009 10:00 ET

Bravo Encounters 10 metres of 4.4g/t Au and 31.6g/t Ag at Homestake Ridge

VANCOUVER, BRITISH COLUMBIA--(Marketwire – Dec. 7, 2009) - Bravo Venture Group Inc. (TSX VENTURE:BVG)(FRANKFURT:B6I) reported today mineralized intercepts that continue to expand the width and lateral dimensions of the Homestake Silver zone on its 100 percent owned Homestake Ridge Project located in NW British Columbia.

Homestake Silver zone

The Company reported that assays from drill hole HR09-164 intersected a 10 metre interval averaging 4.4g/t gold and 31.6g/t silver which included a higher-grade 1.2 metre interval averaging 12.7g/t gold, 96.1g/t silver, 7.3% lead and 7.0% zinc. Assays are still pending from portions of this drill hole below the reported intercept which are silicified and associated with sulphides, including pyrite, sphalerite, galena and trace chalcopyrite.

The Company also reported that newly received assays have expanded the mineralized zone in drill hole HR09-161 to 41.1 metres averaging 4.0g/t gold and 176.6 g/t silver. This interval included a previously reported 7.0 metre interval averaging 18.2g/t gold and 946g/t silver and two new down hole intercepts of 2.5 metres averaging 2.7g/t gold and 28.2g/t silver and 1.3 metres averaging 12.3g/t gold and 229.0g/t silver.

Other significant results from footwall veins which were identified in drill hole HR09-156 and hangingwall veins from HR09-161 are summarized in Table 1. All intervals are reported as estimated true thickness.

To view Figure 1 accompanying this release please visit the following link: http://media3.marketwire.com/docs/bvg127ma.pdf.

These results have significantly extended both the thickness and lateral extent of this newly identified, gold-enriched lens of mineralization within the Homestake Silver zone which now projects an additional 100 metres to the northwest. Drilling at the Homestake Silver zone from 2007-09 has identified high-grade silver and gold mineralization, in sometimes multiple veins over a 350 metre strike-length and 400 metre down-dip extension. Drill hole HR09-164 is the deepest test of this mineralized zone reported to date. Mineralization remains open down-dip along this full strike-length.

Homestake Ridge Project

Bravo has now completed the 2009 exploration program at the Homestake Ridge Project and crews are in the process of de-mobilization. A total of 48 holes have been cored on the property for 13,436 metres during this year's program. Assays from 12 drill holes are pending.

Twenty-two holes have been drilled in Homestake Silver zone (two lost), 22 holes in the Main Homestake zone (four lost), and six holes tested other targets on the claim group (one lost). An updated long section of the 2009 drill plan and a full compilation of the 2009 assay summaries are available on Bravo's website at bravoventuregroup.com.

To view Table 1 accompanying this release please visit the following link: http://media3.marketwire.com/docs/bvg127ta.pdf.

About Bravo Venture Group Inc.

Bravo Venture Group Inc. is focused on exploring its precious and base metal-rich Homestake Ridge project in British Columbia, a gold-rich epithermal/VMS-related system within Eskay Creek/Silbak-Premier stratigraphy. Pursuant to the recently announced "Plan of Arrangement", Bravada Gold Corp. will focus on exploring Bravo's extensive Carlin-type gold holdings strategically located within the Battle Mountain/Eureka "Cortez" gold trend in Nevada.

Rob Macdonald (P.Geo.) is the Qualified Person responsible for reviewing the technical results in this release.

On behalf of the Board of Directors

Joseph A. Kizis Jr., Director, President,

Bravo Venture Group Inc.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management. We seek safe harbor.

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