Bravura announces submission of plan of operations application for its Musgrove Creek Project
VANCOUVER, Dec. 14, 2016 /CNW/ - Bravura Ventures Corp. (CSE: BVQ) (FSE: 23B) (OTCBB: BRVVF) ("Bravura" or the "Company") is pleased to provide an exploration update for its Musgrove Creek Gold Project located in Lemhi County, Idaho. Bravura has submitted a 'Plan of Operations' application to the U.S Forestry Service requesting permission to build drill roads and sites for a forthcoming exploration and definition drilling program.
The U.S Forestry Service in Idaho reviews and approves exploration permits on the lands they manage, with Bravura's Musgrove Project falling under such jurisdiction. The application is expected to be finalized in the spring of 2017, as the Forest Service has stated that field reviews by their specialists that were completed for prior Plan of Operations submissions should be adequate for this application. The application will be subject to routine public notice periods.
Proposed operations under the application maybe conducted over a three-year period, thus allowing for a flexible drilling program and one that could span multiple field seasons. Proposed operations include the reopening of a total of approximately 2,045 metres of previously-constructed and reclaimed drill roads, the construction of a total of approximately 470 metres of completely new road, and the construction of a total of 14 drill sites each approximately 6 metres by 12 metres in area. As many as 3 drill holes per site may be drilled at each site, for a possible total of up to 42 holes and 12,800 metres of total drilling.
Bravura will provide an update on any finalized exploration and drill programs for 2017 in the New Year along, with any decision by the U.S Forestry on the Plan of Operations application, as and when received.
About Bravura Ventures Corp.
Bravura Ventures Corp. is a mineral-exploration resource company trading on the Canadian Securities Exchange. The Company is currently acquiring, and intends to begin exploring, the advanced exploration-stage Gold Projects.
BRAVURA VENTURES CORP.
"Greg Burns"
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Greg Burns, Director
Forward-Looking Information This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that Bravura Ventures Corp. (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
SOURCE Bravura Ventures Corp.
800 - 1199 West Hastings Street, Vancouver, British Columbia, V6E 3T5, Tel.: 604.283.1722, Fax: 1.888.241.5996
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