VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 6, 2010) - Bravo Venture Group Inc. (TSX VENTURE:BVG)(FRANKFURT:B6I) reported today that high-grade gold intercepts from two major 100 metre step-out drill holes continue to expand the width and lateral dimensions of the mineralization in the Homestake Silver deposit on its 100 percent owned Homestake Ridge Project, located in NW British Columbia. Homestake Silver is believed to be a separate, second deposit on the Homestake Ridge property, located approximately 700 metres to the southeast of the Main Homestake deposit.

The Company reported multiple high-grade gold intercepts of significant thickness in drill hole HR09-165. Highlights of three of these intercepts, all estimated true thicknesses, include:

- a 24.4 metre interval averaging 12.1g/t gold and 6.8g/t silver, which included a higher-grade 2.4 metre interval averaging 87.0g/t gold and 22.1g/t silver.

- a 14.5 metre interval averaging 4.8g/t gold and 2.1g/t silver, which included a higher-grade 2.5 metre interval averaging 10.4g/t gold and 3.3g/t silver.

- and a 2.7 metre interval averaging 10.0g/t gold and 134.3g/t silver.

The Company also reported that newly received assays have expanded a second mineralized zone in drill hole HR09-164 from a previously reported 0.4 metre interval averaging 7.1g/t gold and 148.0g/t silver to 33.2 metres averaging 1.5g/t gold and 5.1g/t silver, which included a 3.6 metre interval averaging 7.9g/t gold and 37.5g/t silver.

To view Figure 1, please click on the following link: http://media3.marketwire.com/docs/BVGfig1106.jpg

Results were also received from drill hole HR09-163 and included a 3.5 metre interval averaging 2.9g/t gold and 155.7g/t silver within a 40.4 metre interval averaging 0.3g/t gold and 49.8g/t silver. Anomalous, but generally lower grade silver values were returned from several holes that tested the southeastern extension of the mineralized zone. All intervals are reported as estimated true thickness.

Thick intervals of high-grade gold mineralization in drill holes HR09-164 and HR09-165 have significantly increased both the thickness and lateral extent of this gold-enriched portion of the Homestake Silver zone. Both holes are significant step outs of at least 100 metres from prior mineralized intercepts and are entirely open along strike to the northwest and at depth. Drilling at the Homestake Silver deposit from 2007 to 2009 has identified high-grade silver and gold mineralization, sometimes in multiple horizons, over +500 metres of strike and 400 metres of dip. Mineralization remains open down-dip along this full strike-length.

Table 1: Summaries of Selected Assays from the Homestake Ridge Project


Homestake Ag Zone:
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                                    Est.
           From     To  Interval     Tr.   Au     Ag
Hole #       (m)    (m)       (m)  Thck  (g/t)  (g/t) Comments
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HR09-155  154.8  160.7       5.9    5.1   nsv   19.4
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HR09-158  305.4  325.6      20.2   16.8   0.0   32.0
    inc.  307.9  311.9       4.1    3.4   0.0   68.9
    inc.  319.2  320.6       1.5    1.2   0.0   93.2
---------------------------------------------------------------------------
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HR09-160  387.9  396.2       8.3    5.4   0.0   22.8
     and  404.4  408.2       3.8    2.5   0.0   15.6
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HR09-163  242.6  289.4      46.8   40.4   0.3   49.8  33% Dilution
    inc.  242.6  250.0       7.4    6.4   0.1   74.6
     and  265.6  273.4       7.9    6.8   0.1   38.7
     and  276.4  278.3       1.9    1.6   0.5  143.2  1.0% Pb, 10% Zn
     and  282.3  286.3       4.1    3.5   2.9  155.7
    inc.  285.6  286.3       0.7    0.6  14.7  758.0
     and  300.3  301.6       1.3    1.1   4.7   29.3
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HR09-164  366.2  379.7      13.5   10.0   4.4   31.6  Previously Reported
    inc.  370.7  374.9       4.2    3.1   5.9   21.0  0.72% Pb, 0.22% Zn
    inc.  376.6  379.7       3.1    2.3   7.9   57.3  4.18% Pb, 3.87% Zn
     and  388.0  432.5      44.5   33.2   1.5    5.1  22% internal dilution
    inc.  388.0  382.9       4.9    3.6   7.9   37.5
    inc.  388.0  390.1       2.1    1.5  17.4   82.2  2.45% Pb, 0.75% Zn
    inc.  388.0  388.6       0.6    0.4   7.1  148.0  Previously Reported
     and  416.6  432.5      15.9   11.8   1.5    1.6
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HR09-165  290.2  293.7       3.6    2.7  10.0  134.3
    inc.  290.2  290.9       0.7    0.5  43.6  635.0  1.35% Pb, 2.31% Zn
     and  370.2  389.9      19.7   14.5   4.8    2.1
    inc.  375.0  377.5       2.5    1.8  14.3    2.9
     and  380.1  383.5       3.4    2.5  10.4    3.3
     and  413.1  446.1      33.1   24.4  12.1    6.8
    inc.  417.1  420.3       3.2    2.4  87.0   22.1
    inc.  425.6  429.3       3.7    2.7   7.8    4.8
    inc.  440.2  443.5       3.3    2.4  16.2   14.3  0.48% Pb, 0.53% Zn
     and  469.5  471.5       2.0    1.5   4.9    1.7
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Analyzed by FA-ES/AA for gold and ICP-MS by Acme Labs, Vancouver BC;
Samples greater than 10g/t Au re-assayed with FA-Grav - check assays are
pending; Silver overlimits (greater than 100g/t Ag) re-assayed with
FA-Grav. greater than 0.2g/t Au and 20g/t Ag cut-off used for compositing
intervals, less than 20% internal dilution unless otherwise indicated.

Homestake Ridge Project

Bravo has completed drilling for the season at the Homestake Ridge Project and crews are in the process of demobilization. A total of 48 holes have been cored on the property for 13,436 metres during this year's program. Assays from 5 drill holes are pending.

Twenty-two holes have been drilled in Homestake Silver deposit (two lost), 22 holes in the Main Homestake deposit (four lost), and six holes tested other targets on the claim group (one lost). An updated long section of the 2009 drill plan and a full compilation of the 2009 assay summaries are available on Bravo's website at bravoventuregroup.com.

About Bravo Venture Group Inc.

Bravo Venture Group Inc. is focused on exploring its precious and base metal-rich Homestake Ridge project in British Columbia, a gold-rich epithermal/VMS-related system within Eskay Creek/Silbak-Premier stratigraphy. Pursuant to the recently announced "Plan of Arrangement", Bravada Gold Corp. will focus on exploring Bravo's extensive Carlin-type gold holdings strategically located within the Battle Mountain/Eureka "Cortez" gold trend in Nevada.

Rob Macdonald (P.Geo.) is the Qualified Person responsible for reviewing the technical results 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.