Bravura Ventures Corp.
TSX VENTURE : BVQ

Bravura Ventures Corp.

April 26, 2012 09:00 ET

Bravura Files Assessment Report on Greenhorn Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 26, 2012) - Bravura Ventures Corp. ("Bravura" or the "Company") (TSX VENTURE:BVQ) has filed a technical assessment report on its Greenhorn Property which highlights the results of its Phase II exploration program carried out by the Company during the latter part of 2011.

The Greenhorn Property consists of approximately 2536 hectares of mineral claims located in the Kootenay Terrane of south-eastern British Columbia. Claims in this group are underlain by mafic volcanic rocks of the Permian to Triassic Kaslo Group, fine-grained metasedimentary rocks of the Triassic Slocan Group, and intrusions of the Jurassic Kuskanax Batholith. The most significant mineralization discovered on the property to date is hosted in Kaslo Group rocks, and consists of a steeply eastward dipping quartz-rich amphibolite horizon containing chalcopyrite and pyrite. Several copper showings in the Dunn Creek area appear to be on the same horizon with a tentative strike length of over 2km. The North showing has similar characteristics but is not on stratigraphic trend with the other showings. It may be a different horizon or a fold repetition of the same unit.

Mineralization on the Greenhorn Property has been documented since 1903 when prospectors reported finding high grade copper and gold ore at the Cornwall showing. Several exploration programs were conducted but documentation is scarce, and assessment reports only date back to 1979. The most significant previous program was conducted by Phelps Dodge in 1997, and consisted of geological mapping, soil and rock sampling, magnetic and IP surveys, and three short drill holes. Bravura optioned the property in 2010 and subsequently contracted an airborne magnetic and VLF-EM survey from Aeroquest Airborne. Bravura's 2011 program consisted of collecting 1045 soil samples and the contracting of approximately 35km of ground time-domain electromagnetic (TEM) and magnetic surveys to cover known showings.

The 2011 exploration program showed a 2.4km long north-northwest trending linear copper-in-soil anomaly coincident with the known limits of the Dunn Creek copper horizon. Zinc, lead, and barium in soil are defining a linear feature of similar dimension and orientation, but offset roughly 175m to the west of the copper horizon. This second feature has coincident chargeability, TEM, and magnetic anomalies, suggesting potential for massive sulphide mineralization. Phelps Dodge drilled in this area, but holes appear to have been too short to cut the conductive horizon.

Based on the work carried out during 2011, it is recommended that the Company expand the TEM survey to the limits of the Kaslo Group rocks on the property. Detailed mapping of the entire grid is required to put all other data into a geological context. Property-wide sieved stream sediment sampling is also warranted. The linear zone with coincident geochemical and geophysical anomalies west of the copper horizon is a compelling drill target.

Based on the report and pending geological mapping in the area, the Company will consider drilling three diamond drill holes to test various parts of this anomalous zone. This proposed Phase III exploration program will require approximately $530,000 to complete.

About Bravura Ventures

Bravura Ventures is a Canadian exploration company currently exploring its Greenhorn Copper/Gold Property located in the Slocan Mining Division in the mineral-rich Kootenay Terrane of Southeastern British Columbia.

Technical information in this press release was reviewed by Gordon Allen, P.Geo, who is recognized as a Qualified Person under the guidelines of National Instrument 43-101 and the author of the "Technical Assessment Report on the Geochemical and Geophysical Surveys on the Greenhorn Property", a copy of which can be found on SEDAR under the Company's profile.

For further information about Bravura and this news release visit Bravura's website at www.bravuracorp.com.

On Behalf of the Board:

Quinn Field-Dyte, Director

FORWARD LOOKING STATEMENTS: This document includes forward-looking statements as well as historical information. Forward-looking statements include, but are not limited to, the continued advancement of the Company's general business development, research development and the Company's development of mineral exploration projects. When used in this document, the words "anticipate", "believe", "estimate", "expect", "intent", "may", "project", "plan", "should" and similar expressions may identify forward-looking statements. Bravura Ventures Corp. believes that their expectations reflected in these forward looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include the potential that fluctuations in the marketplace for the sale of minerals, the inability to implement corporate strategies, the ability to obtain financing and other risks disclosed in our filings made with Canadian Securities Regulators.

Neither the 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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