Bravo Venture Group Inc.

Bravo Venture Group Inc.

June 04, 2009 15:45 ET

Drill Mobilizes to Bravo's Woewodski Island VMS Project in Alaska

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 4, 2009) - Bravo Venture Group Inc. (TSX VENTURE:BVG)(FRANKFURT:B6I) reported today that a diamond drill rig and field crews have been mobilized on the Company's Woewodski Island precious-metal rich VMS project in southeastern Alaska, where Bravo is planning to drill two to three core holes for approximately 1,000 metres at an estimated cost of US$400,000.

The program is designed to test the central, east-west trending axis of the East Lake "paleo-graben", where surface mapping, 3D IP geophysics and recent drilling have successfully delineated the dimensions of the graben and semi-massive to massive sulphide horizons around its perimeter. To date, only shallow targets within the host stratigraphy have been tested (Refer to the website for Drill hold diagram). The new geologic model interprets surface exposures and previous drill intercepts of VMS-style base and precious metals, hosted by "mine argillite", as occurring along the northern and southern margins of an east-west-oriented paleo-graben. The center of that graben, where the thickest accumulations of massive sulfide are expected to occur, has never been tested by drilling. The mineralization at East Lake is in the same package of Triassic-age rocks that host the Greens Creek mine (24Mt of 13.9% Zn, 5.1% Pb, 5.8 g/t Au and 730 g/t Ag)(1) in a very similar geologic setting.

About Bravo Venture Group Inc.

Bravo's exploration activities are focused within North America, specifically in N.W. British Columbia, Nevada, and S.E. Alaska. The VMS/Epithermal gold/silver Homestake Ridge project in British Columbia is advancing with excellent drill results and a NI 43-101 compliant technical evaluation which reported an inferred resource of 903,231 ounces of gold and 5,745,746 ounces of silver contained within 11.9 million tonnes with an average grade of 2.36 g/t Au and 15.0 g/t Ag using a cut-off grade of 0.5 g/t gold(1). The 2008 exploration program consisted of an extensive 42-hole, 8,400 metre multi-rig drill prgram that demonstrated continuity of mineralization that remains open down dip and along strike to the southeast and northwest. A similar drill program will start during the summer, 2009. The Woewodski Island prospect in S.E. Alaska is a precious-metal rich VMS target, which lies within a mineralized trend that hosts both the Greens Creek and Windy Craggy VMS deposits. The company also has a substantial land package consisting of twelve properties located in the Battle Mountain/Eureka trend, Nevada.

On behalf of the Board,

Joseph Anthony Kizis Jr., Director and President

(1) Global resource reported by Taylor et. al. in 1999. Greens Creek Mine, which during 2008 produced over 5.8 million ounces of silver, 54,000 ounces of gold, 52,000 tons of zinc and 16,000 tons of lead (2008 year-end reserves are approximately 8 million tons grading 13.7 opt Ag, 0.11 opt Ag, 10.5% Zn and 3.8% Pb. Source: Hecla Mining Company website).

We seek safe harbor.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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