Bravo Venture Group Inc.

Bravo Venture Group Inc.

June 12, 2006 11:44 ET

Bravo Begins Woewodski Island Exploration

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 12, 2006) - Bravo Venture Group Inc. (TSX VENTURE:BVG)(FWB:B6I) reported today that crew mobilization is underway for the summer exploration and drilling program at the company's Woewodski Island project in SE Alaska.

Exploration will include closely spaced soil sampling and hand-trenching at the high-grade Blue Quartz gold prospect on the western side of the island and a minimal "scout" drilling program at the East Lake VMS prospect in the central part of the island.

Previous sampling at the "Blue Quartz" showing has traced high-grade quartz veins, some containing visible gold, in float and limited exposures for up to 500 metres along strike. Hand-trenching in the area of a high-grade float occurrence along this trend identified two narrow quartz veins within a 3.0 metre mineralized interval containing 0.1m of 124.0g/t Au and 0.15m of 17.8g/t Au respectively. The 2006 exploration will focus on continued tracing of the mineralized zone along strike and evaluating the thickness and density of the gold-bearing veins within the host structure.

The company also reported that a Hydra-Wink (winkie) drilling program is planned to test three shallow IP and gravity geophysical targets at the East Lake prospect. Previous exploration on the prospect has identified well-preserved Late Triassic volcanic and sedimentary stratigraphy, argillitic rocks hosting broad intervals of base-metal and precious-metal enriched iron sulphides and an historic drill intercept of 3.3m of 4.2g/t Au and 4.68%Zn.

The Woewodski Island project consists of 501 Federal claims and three State claims comprising 3,260 hectares in southeast Alaska for which Bravo may acquire a 100% interest. This property is located approximately 30km SSW of Petersburg Alaska and includes over 13 syngenetic VMS and gold-quartz vein targets hosted within the same volcanic-sedimentary rocks that host both the Green's Creek, Alaska and Windy Craggy, British Columbia VMS deposits. Bravo reported it is in continuing discussions with several major companies relating to possible joint venture exploration and development of the project.

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

On behalf of the Board of Directors

Joseph A. Kizis Jr., Director, President, Bravo Venture Group Inc.

We seek safe harbor.

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.

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