Bravo Venture Group Inc.

Bravo Venture Group Inc.

August 17, 2005 12:10 ET

Bravo Commences Drilling on Homestake Ridge

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 17, 2005) - Bravo Venture Group Inc. (TSX VENTURE:BVG) reported today that the company has commenced a ten to twelve drill hole program totaling approximately 1,500 metres on its Homestake Ridge gold/silver property, located in the Iskut-Stewart-Kitsault belt, 30 km south of Stewart, northwest British Columbia.

At least two drill holes will offset high-grade mineralization intersected in 2003 drilling, which returned 9.8g/t Au and 9.8g/t Ag over 3.1 metres within a 20 metre wide zone that averaged 2.0g/t Au and 4.9g/t Ag.

Joe Kizis 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.

Statements contained in this news release that are not historical facts are forward-looking statements as the term is defined in the private securities litigation reform act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from estimated results. Bravo Venture Group relies upon litigation protection for forward looking statements.

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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