Braveheart Announces Final Results from Alpine Mine drilling program, intersects 38.0 g/t Au over 1.4 m, including 66.1 g/t Au over 0.8 m

TORONTO, ONTARIO, (Newsfile Corp. – November 15, 2017) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") announces the final results from the recently completed 2017 diamond drilling program at the Alpine Mine property near Nelson, BC (Alpine) with more than 1,600 meters drilled in 11 holes. Braveheart had reported the results from 10 holes, the best assay coming from Hole AL17008 returning 33.6 g/t Au over 1.6m (including 66.1 g/t Au over 0.8m). Figure 1 in the Appendix shows the drill hole locations; Figure 2 is a typical cross section of several of the drill holes intersecting the mineralized vein structure.

Table 1 - 2017 Alpine Drill Hole Assays (Final)

table.png

 

Phil Keele, Braveheart President and CEO stated, “These results have substantially improved our understanding of the extent and quality potential that our flagship Alpine Property holds. We look forward to receiving the NI 43-101 Resource Report for the Alpine Project before year end and preparation of our 2018 Budget and 3 year rolling plan”. 

Additional Highlights from the 2017 Program:

  • Channel sampling was carried out in 5 distinct sections of Level 6 of the Alpine Mine confirming work performed by Cove Resources in 1988. Additional details with respect to location and extent of the channel samples will be provided once evaluation is complete. The best five results of the 17 samples taken were as follows:
  • 7.6 g/t Au
  • 9.8 g/t Au
  • 12.9 g/t Au
  • 22.6 g/t Au
  • 54.6 g/t Au
  • Of 5 grab samples taken in the general #6 portal area, the best result was 7.7 g/t Au
  • The quartz vein/mineralized material zone was intersected in 10 of the 11 holes drilled. 
  • 51 samples were taken from an estimated 15,000 t stockpile located on the site with an overall average grade of 2.3 g/t Au. Additional mechanical sampling and definition is planned for 2018 in order to better define the economic viability of mining this material.
  • The Company has retained the services of Giroux Consultants Ltd.  Principal, Gary Giroux, P.Eng. will work closely with TerraLogic personnel to produce a NI 43-101 Resource Report for the Alpine Project.
  • Going forward the Company will be preparing a permit application for the extraction of a bulk sample from the existing Alpine workings in 2018.
     

Notes on analytical techniques
All core was analyzed by Activation Laboratories Inc. of Kamloops, BC utilizing an industry standard 30 elements ICP-MS technique following an aqua-regia digestion (UT-1M). In addition, all mineralized core was analyzed for gold on a large 500g split by fire-assay with an AA finish (1A2).  A comprehensive external QAQC procedure was employed by TerraLogic which included regular and strategic inclusions of blanks, standards and duplicates into the sampling stream. Gravimetric analysis (FA-GRA) were completed on all over-detection (>5 g/t Au) fire assay results. 

About Braveheart Resources Inc.
Braveheart is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in a favorable and proven mining jurisdiction - the West Kootenays in southeast British Columbia (silver and gold). Particular focus is on the Alpine Mine, a past producing property 20 km northeast of Nelson. Braveheart's shares are listed for trading on the TSX Venture Exchange under the symbol BHT.V. Braveheart currently has 41,514,505 common shares issued and outstanding.

Qualified Person
Braveheart’s disclosure of a technical or scientific nature in this news release has been reviewed and approved by Mr. Jim Decker, P.Eng., a consultant to Braveheart who serves as a qualified person under the definition of National Instrument 43-101. 

Contact
Phil Keele, P.Eng., President and CEO
780-215-4044
pkeele@shaw.ca

Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, (more) uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law. 

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 of this news release. 
 

APPENDIX

Figure 1 - Drill Hole Location Map

Drill Hole Location Map 2017

Figure 2 – Cross Section Looking West

figure2.png

Braveheart Resources Inc. Announces Second Round of Drilling Results at Alpine Mine Property near Nelson BC, intersects 33.6 g/t Au over 1.6m, including 66.1 g/t Au over 0.5m

TORONTO, ONTARIO, (Newsfile Corp. – October 17, 2017) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") announces additional results from the recently completed 2017 Diamond Drilling Program at the Alpine Mine property (Alpine) with more than 1,600 meters drilled in 11 holes. Braveheart had reported the results from 5 holes, the best assay coming from Hole AL17004 returning 11.8 g/t Au over 1.5m (including 29.6 g/t Au over 0.5m).

The second round of results are from another 5 drill holes and can be seen in Table 1 below, shaded in gray. The best assay came from AL17008 grading 33.5 g/t Au over 1.6m, including 66.1 g/t Au over 0.5m. The results from the last drill hole AL17012 is anticipated to be forthcoming in the near future. The intervals reported are very close to true thickness as most holes were drilled at ninety degrees to the vein structure.

Table 1 - Alpine Drill Hole Assays

Hole ID

Sample #

Interval (m)

Au (g/t)

Ag (g/t)

Weighted Average

AL17001

AL17001-018

99.6-100.4

3.94

1.4

AL17002

AL17002-006

90.5-91.0

0.45

0.39

AL17003

AL17003-005

90.0-90.5

0.129

1.37

AL17004

AL17004-003 AL17004-004 AL17004-005

87.5-88.0 88.0-88.5 88.5-89.0

3.28 2.58 29.6

12.3 1.50 9.66

11.8 g/t Au over 1.5m

AL17005

AL17005-002 AL17005-003

125.5-126.2 126.2-126.7

0.812 0.415

0.474 18.1

AL17006

AL17006-009

125.2-125.7

0.614

1.11

AL17007

AL17007-005 AL17007-006 AL17007-007 AL17007-008 AL17007-009

140.7-141.4 141.4-142 142-142.6 142.6-143.1 143.1-143.6

0.84 0.9 33.5* 0.32 3.33

0.28 0.36 11.7 3.7 1.05

8.0 g/t Au over 2.9m

AL17008

AL17008-003 AL17008-004

126.8-127.4 127.4-128.2

1.16 66.1

1.24 95.4

33.6 g/t Au over 1.6m

AL17009

AL17009-003

150.9-151.5

0.01

0.93

AL17011

AL17011-007

134.7-135.3

0.14

0.63

Phil Keele, Braveheart President and CEO stated, “These latest results further strengthen our belief in the larger potential of the Alpine. I would also like to report that the Company has retained the services of Giroux Consultants Ltd. Principal, Gary Giroux, P.Eng. will work closely with TerraLogic personnel to produce a NI 43-101 Resource Report for the Alpine Project. Braveheart anticipates that the report should be complete before the end of this Quarter.”

Notes on analytical techniques
All core was analyzed by Activation Laboratories Inc. of Kamloops, BC utilizing an industry standard 30 elements ICP-MS technique following an aqua-regia digestion (UT-1M). In addition, all mineralized core was analyzed for gold on a large 500g split by fire-assay with an AA finish (1A2). A comprehensive external QAQC procedure was employed by Terralogic which included regular and strategic inclusions of blanks, standards and duplicates into the sampling stream. Gravimetric analysis (FA-GRA) were completed on all over-detection (>5 g/t Au) fire assay results.

About Braveheart Resources Inc. Braveheart is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in a favourable and proven mining jurisdiction - the West Kootenays in southeast British Columbia (silver and gold). Particular focus is on the Alpine Mine, a past producing property 20 km northeast of Nelson. Braveheart's shares are listed for trading on the TSX Venture Exchange under the symbol BHT.V. Braveheart currently has 41,514,505 common shares issued and outstanding.

Qualified Person
Braveheart’s disclosure of a technical or scientific nature in this news release has been reviewed and approved by Mr. Jim Decker, P.Eng., a consultant to Braveheart who serves as a qualified person under the definition of National Instrument 43-101.

Contact
Phil Keele, P.Eng,. President and CEO
780-215-4044
pkeele@shaw.ca

Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, (more) uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

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 of this news release.

APPENDIX

Figure 1 - Drill Hole Location Map

Drill Hole Location Map 2017

Braveheart Resources Inc. Completes Diamond Drilling Program at its Alpine Mine Property near Nelson BC

TORONTO, ONTARIO, (Newsfile Corp. – October 3, 2017) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") announces the completion of its 2017 Diamond Drilling Program at the Alpine Mine property (Alpine) with more than 1,600 meters drilled in 11 holes, surpassing the Company's original target  of 1,500 meters.  While analytical results are pending for six holes, initial results are very encouraging with a best assay from Hole AL17004 returning 11.8 g/t Au over 1.5m (including 29.6 g/t Au over 0.5m).

Phil Keele, Braveheart President and CEO stated, “The objective of the program was to improve our understanding of the gold potential on the down dip side of the vein structure at Alpine. While much of the lab work on core samples is still pending, I can confirm that quartz vein material was intersected in 10 of the 11 holes. Historical information has shown that mineralization typically occurs in and around the main quartz vein structure at Alpine. I am also pleased to announce that lab results have been received for five drill holes where mineralized material was intersected. These results can be seen in Table 1 below. Further analyses will be released as the information becomes available but we are excited by these results so far. Our thanks go out to our contractors, Lucky Drilling Ltd, supported by the services of TerraLogic Exploration Inc. and Masse Environmental Consultants Ltd. who were able to complete the diamond drilling program lost-time and accident free and under budget. A job well done.”

Table 1 - Initial Drill Hole Assays

Hole ID

Sample #

Interval (m)

Au (g/t)

Ag (g/t)

AL17001

AL17001-018

99.6-100.4

4.46

3.42

AL17003

AL17003-005

90.0-90.5

0.13

1.37

AL17004

AL17004-003

87.5-88.0

3.28

12.3

AL17004-004

88.0-88.5

2.58

1.50

AL17004-005

88.5-89.0

29.6 *

9.66

AL17005

AL17005-002

125.5-126.2

0.81

0.47

AL17005-003

126.2-126.7

0.42

18.10

AL17006

AL17006-009

125.2-125.7

0.61

1.11

*Gravimetric analysis (FA-GRA) completed on all over-detection (>5 g/t Au) fire assay results

Table 2 in the attached Appendix provides a summary of the drilling program. Figure 1 shows the location of the drill holes in relation to the historical Alpine Mine workings.

Notes on analytical techniques
All core was analyzed by Activation Laboratories Inc. of Kamloops, BC utilizing an industry standard 30 elements ICP-MS technique following an aqua-regia digestion (UT-1M). In addition, all mineralized core was analyzed for gold on a large 500g split by fire-assay with an AA finish (1A2). A comprehensive external QAQC procedure was employed by Terralogic which included regular and strategic inclusions of blanks, standards and duplicates into the sampling stream.

Program Highlights:

  • Alpine Vein intersected in 10 of 11 of the 2017 drill holes; laboratory results for the first 5 drill holes all returned gold values. Visible gold was observed in 4 of the 11 holes drilled; 
  • One mineralized intercept of 1.5m returned a value og 11.8 g/t Au including 0.5m grading 29.6 g/t Au;
  • Diamond drilling took place on the north side of Alpine along a series of 3 north-south section lines;
  • A water monitoring program was developed by Masse Environmental and baseline water samples completed;
  • Qualified underground mining personnel evaluated potential opportunities for refurbishing existing mine workings to permit future underground mapping and sampling activities;
  • Drilling information will be used to update Braveheart's geologic model and tied to previously mined workings and drill hole information;
  • For more information on Braveheart Resources Inc. including photos visit our website at www.braveheartresourcesinc.com

About Braveheart Resources Inc.
Braveheart is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in a favourable and proven mining jurisdiction - the West Kootenays in southeast British Columbia (silver and gold). Particular focus is on the Alpine Mine, a past producing property 20 km northeast of Nelson. Braveheart's shares are listed for trading on the TSX Venture Exchange under the symbol BHT.V. Braveheart currently has 41,514,505 common shares issued and outstanding.

Qualified Person
Braveheart’s disclosure of a technical or scientific nature in this news release has been reviewed and approved by Mr. Jim Decker, P.Eng., a consultant to Braveheart who serves as a qualified person under the definition of National Instrument 43-101.

Contact
Phil Keele, P.Eng,. President and CEO
780-215-4044
pkeele@shaw.ca

Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, (more) uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

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 of this news release.

APPENDIX
Table 2 - Drilling Summary

DDH ID

Status

Azimuth

Dip

Date Completed

DDH (m)

AL17001

Complete

180

-45

28/08/2017

150.6

AL17002

Complete

180

-70

30/08/2017

147.8

AL17003

Complete

180

-45

01/09/2017

118.0

AL17004

Complete

180

-70

03/09/2017

119.2

AL17005

Complete

180

-45

06/09/2017

158.1

AL17006

Complete

180

-70

08/09/2017

152.9

AL17007

Complete

180

-45

11/09/2017

160.2

AL17008

Complete

180

-70

13/09/2017

147.5

AL17009

Complete

0

-90

15/09/2017

177.1

AL17010*

Abandoned

180

-45

17/09/2017

56.4

AL17011

Complete

180

-80

19/09/2017

159.6

AL17012

Complete

180

-50

21/09/2017

170.0

Figure 1 - Drill Hole Location Map

Drill Hole Location Map

Braveheart Resources Inc. Commences Diamond Drilling Program at its Alpine Mine Property near Nelson BC

TORONTO, ONTARIO, (Newsfile Corp. – August 29, 2017) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") announces the commencement of its planned 2017 Drilling Program. This follows its success in recently completing the last tranche of a non-brokered private placement financing consisting of 125,000 flow-through units at $0.06 per flow-through unit and 1,600,000 units at $0.06 per unit for gross proceeds of $103,500.  

This results in an oversubscribed total financing raise of $804,000 and will finance the 2017 drilling program and general working capital. All securities issued pursuant to the financing will be subject to a four month hold period.

Phil Keele, Braveheart President and CEO stated, “The objective of this drilling program is to improve our understanding of the gold potential on the down dip side of the vein structure at the Alpine Mine Property ("Alpine"). Alpine has a rich history of gold production primarily dating back to the 1930’s and 40’s. These workings still exist today. This drilling will improve our estimate of what additional gold resource potentially exists on this exciting, high grade property.  Drilling core holes that intersect the vein structure and then analyzing the core in a qualified laboratory enables us to do just that. We are confident that our drilling contractor, Lucky Drilling Ltd, supported by the competent services of TerraLogic Exploration Inc. and Masse Environmental Consultants Ltd., will enable the completion of a series of strategically selected drill holes safely, efficiently, on budget and in an environmentally sensitive manner. I am grateful to all of our shareholders that believe, like I do, in the value of Braveheart Resources Inc. and the growth of its suite of BC gold properties.”

Key Highlights: 

  • This fully funded drilling program will include mapping, geological sampling and surveys, laboratory work and conceptual mine planning that will extend through 2017.
  • The program consists of approximately 1,500 meters of diamond drilling.
  • The drilling permit is valid for 5 years.
  • According to historical records, maintained by BC Ministry Energy and Mines, Alpine produced more than 16,000 tonnes of mineralized material generating more than 11,000 oz Au over its life.
  • An extensive sampling program is being conducted on mineralized dumps located at Alpine.  This will be compared to historical work performed by Cove Resources in 1989.
  • A selective rock sampling program undertaken on mineralized dumps in 2011 at Braveheart’s Black Prince, Gold Crown and King Solomon mines indicated that significant gold grades can occur.  
  • For more information on Braveheart Resources Inc. including photos visit our website at www.braveheartresourcesinc.com

About Braveheart Resources Inc.
Braveheart is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in a favorable and proven mining jurisdiction - the West Kootenays in southeast British Columbia (silver and gold).  Particular focus is on the Alpine Mine, a past producing property 20 km northeast of Nelson. Braveheart's shares are listed for trading on the TSX Venture Exchange under the symbol BHT.V. Braveheart currently has 34,581,173 common shares issued and outstanding.

Qualified Person
Braveheart’s disclosure of a technical or scientific nature in this news release has been reviewed and approved by Mr. Jim Decker, P.Eng., a consultant to Braveheart who serves as a qualified person under the definition of National Instrument 43-101. 

Contact
Phil Keele, P.Eng., President and CEO
780-215-4044
pkeele@shaw.ca

Caution Regarding Forward-Looking Information 
This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, (more) uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law. 

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 of this news release. 

Appendix

 

Alpine Mine looking to the North

2017 Drill Target Zone


Helicopter delivering components for drilling

Men working on drill pad construction

Braveheart Resources Inc. Closes Financing

TORONTO, ONTARIO, July 28, 2017 -- Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") has completed the first tranche of a non-brokered private placement financing consisting of 2,166,667 flow-through units at $0.06 per flow-through unit and 5,333,333 units at $0.06 per unit for gross proceeds of $450,000.  The Company intends to close additional tranches of the financing for gross proceeds of up to $750,000 comprised of either units or flow-through units.

The units are comprised of one common share and one common share purchase warrant, with each warrant entitling its holder to acquire one additional common share of Braveheart at a price of $0.12 per share for 24 months. The flow-through units are comprised of one common share and one-half of one common share purchase warrant, with each whole warrant entitling its holder to acquire one additional common share of Braveheart at a price of $0.12 per share for 24 months.

The proceeds of the financing will be used to advance the Company’s exploration efforts in British Columbia and for general working capital. All securities issued pursuant to the financing will be subject to a four month hold period.

About Braveheart Resources Inc.
Braveheart is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in a favorable and proven mining jurisdiction - the West Kootenays in southeast British Columbia (silver and gold). Particular focus is on the Alpine Mine, a past producing property 20 km northeast of Nelson. Braveheart's shares are listed for trading on the TSX Venture Exchange under the symbol BHT.V. Braveheart currently has 34,581,173 common shares issued and outstanding.

Qualified Person
Braveheart’s disclosure of a technical or scientific nature in this news release has been reviewed and approved by Mr. Jim Decker, P.Eng., a consultant to Braveheart who serves as a qualified person under the definition of National Instrument 43-101. 

Contact
Phil Keele, P.Eng,. President and CEO
780-215-4044
pkeele@shaw.ca

Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, (more) uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

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 of this news release.

Braveheart Resources Appoints Phil Keele as President

TORONTO, ONTARIO, May 30, 2017 -- Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or the "Company") is pleased to announce that it has appointed Phil Keele to the position of President and Chief Executive Officer. The Company believes that Mr. Keele brings valuable expertise to Braveheart’s operations as it moves forward to explore and develop its Alpine Mine property (“the Property”) near Nelson in southeastern British Columbia.
Mr. Keele holds a B.Sc. in Mining Engineering from Queens University and is a registered professional engineer in the Province of Alberta. He has more than 30 years’ experience in all facets of the mining industry particularly in engineering, operations and senior management. Mr. Keele retired from Canadian Natural Resources Limited (CNRL) in 2016 where he held the position of VP, Mining. Prior to joining CNRL, Mr. Keele held senior positions with another major Canadian mining company in western Canada.

David Johnston, who will now become Chairman of the Board, stated: “Phil has a wealth of practical mining experience that will be of tremendous benefit to Braveheart as we continue our strategy of developing high grade gold deposits. The board is pleased that Phil has agreed to take on this responsibility.”

Mr. Keele responded: “I am excited to become more active in Braveheart’s exploration and development operations, especially with the past producing Alpine Mine property which I believe continues to have great potential. I also look forward to working closely with Aaron Matlock, our Chief Operating Officer.”

Braveheart’s interest in the Alpine Mine project is pursuant to an option agreement whereby Braveheart can acquire 100% of the high-grade gold property in the West Kootenay region of British Columbia and thus increase its land holdings in the area to over 12,000 hectares.
"The Alpine Mine property is located in a highly favorable geological environment and is an ideal fit for Braveheart as we continue our strategy of developing high grade gold targets," explained COO Aaron Matlock "Our prospecting and geological team will be considering fresh interpretations and potential new exploration and development options with regards to this important Property."

The 2,177-hectare Property is approximately 20 km northeast of Nelson within which is the Alpine Mine, a former operating underground mine with a recorded production of approximately 17,000 tonnes between 1938 and 1948. This material contained approximately 11,500 oz of gold, 7,200 oz of silver, 49 tonnes of lead and 17 tonnes of zinc.

Braveheart has developed a comprehensive exploration program for the Alpine Mine property in 2017. Fund raising is almost complete for the program which will include helicopter assisted diamond drilling, road rehabilitation, prospecting, sampling of old mine workings and dumps to corroborate technical information from work done on the Property by previous owners. Exploration permit applications have been submitted to the BC Ministry of Mines and Energy. Ground activities are anticipated to begin in late June.

About Braveheart Resources Inc.
Braveheart is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in a favorable and proven mining jurisdiction - the West Kootenays in southeast British Columbia (silver and gold). Braveheart's shares are listed for trading on the TSX Venture Exchange under the symbol BHT.V. Braveheart currently has 31,314,505 common shares issued and outstanding.

Qualified Person
Braveheart’s disclosure of a technical or scientific nature in this news release has been reviewed and approved by Mr. Jim Decker, P.Eng., a consultant to Braveheart who serves as a qualified person under the definition of National Instrument 43-101. 

Contact
Phil Keele, P.Eng,. President and CEO
780-215-4044
pkeele@shaw.ca

Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, (more) uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law. 

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 of this news release. 

Braveheart Resources Inc.– Appoints Director to Board and Grants Options

TORONTO, ONTARIO, April 17, 2017 -- Braveheart Resources Inc. (TSXV: BHT) (“Braveheart” or, the “Company”) is pleased to announce the appointment of Phil Keele to the Board of Directors.
Mr. Keele holds a B.Sc. in Mining Engineering from Queen's University and is a registered professional engineer in the Province of Alberta. He has more than 30 years experience in all facets of the mining industry particularly in engineering, operations and senior management. Mr. Keele retired from Canadian Natural Resources Limited (CNRL) in 2016 where he held the position of VP, Mining. Prior to joining CNRL, Mr. Keele held senior positions with a major Canadian mining company in western Canada.

The board is delighted to welcome Mr. Keele to the board. Mr. Keele's experience and expertise will benefit the company's development immensely and we look forward to the results of his role and leadership with Braveheart

In addition, the Company announces that it is doing a financing of up to $750,000 comprised of units and flow through units at $0.06. Each unit includes one common share and a warrant which entitles the holder to acquire one additional common share at a price of $0.12 for 24 months. The flow through units include one common share and one-half warrant where each warrant entitles the holder to acquire one additional common share at $0.12 for 24 months. The proceeds of the financing will be used to advance the Company’s exploration efforts in British Columbia and for general working capital.

In addition, the Company also announces the granting of up to 3,000,000 options at a strike price of $0.06 and an expiry date of five years to officers, directors and consultants of the Company.


About Braveheart Resources Inc.
Braveheart is a Canadian-based junior exploration company focused on building shareholder wealth through aggressive exploration in a favorable and proven mining jurisdiction - the West Kootenays in southeast British Columbia (silver and gold). Braveheart's shares are listed for trading on the TSX Venture Exchange under the symbol BHT.V. Braveheart has approximately 31,314,505 common shares issued and outstanding.

Qualified Person
Braveheart’s disclosure of a technical or scientific nature in this news release has been reviewed and approved by Mr. Jim Decker, P.Eng., a director of Braveheart who serves as a qualified person under the definition of National Instrument 43-101.  

Contact
David W. Johnston, CEO/President
403-701-2781
davidwjohnston@shaw.ca


Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, (more) uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.


All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law. 


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 of this news release. 

 

Braveheart Resources Inc. Closes Final Tranche of Financing

Toronto, Ontario -- (Newsfile Corp. – February 23, 2017) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") has completed the final tranche of its previously announced non-brokered private placement financing.  The Company issued 2,100,000 units at $0.06 per unit for gross proceeds of $126,000.  Each unit is comprised of one common share and one common share purchase warrant, with each warrant entitling its holder to acquire one additional common share of Braveheart at a price of $0.12 per share for 24 months.

The proceeds of the financing will be used to advance the Company’s exploration efforts in British Columbia and for general working capital.   

All securities issued pursuant to the financing will be subject to a four month hold period.

About Braveheart Resources Inc. 
Braveheart is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in a favorable and proven mining jurisdiction - the West Kootenays in southeast British Columbia (silver and gold).

Contact
Braveheart Resources Inc
David W. Johnston, President
403-701-2781
davidwjohnston@shaw.ca 
Website: www.braveheartresourcesinc.com

Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law. 

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 of this news release. 

 

Braveheart Resources – Alpine Mine Property Report

TORONTO, ONTARIO, January 16, 2017– Braveheart Resources Inc. (TSXV: BHT) (“Braveheart” or, the “Company”) is pleased to announce that it has received a technical report recently completed on its Alpine Mine property near Nelson in southeastern British Columbia. The report was prepared by Bernhardt Augsten, P.Geo. on behalf of the previous owners of the Alpine Mine property just prior to its acquisition by Braveheart.

The report summarizes field work completed on the Alpine Mine property in the summer of 2016.  The work was initiated with the purpose of attempting to trace out the exposed portion of the Alpine vein system to the west and northwest of known occurrences in the vicinity of the westerly termination of the Number 6 Level of the original Alpine Mine.  From this point the Alpine vein structure was traced intermittently for approximately 1.8 km to the northwest.  Evidence for this was the presence of in-situ auriferous quartz veining and quartz vein float.  Samples collected along this traverse ranged in assay values from <0.03 g/t gold to 42.3 g/t gold.

As part of the 2016 exploration a successful attempt was made to relocate the drill collars from the 1989 diamond drilling program conducted by Cominco when they held an option on the Alpine Mine property.  At that time Cominco drilled 12 holes for a total of 1,745.1 m from two setups on the northeast slope of the Alpine Mine property below the lowermost underground mine workings.  Some of these holes were successful in intersecting the Alpine vein, notably hole AG89-12, which intersected 122.46 g/t gold over a core length of 0.7 m.  This work was well-documented with detailed drill logs in a publicly available assessment report.  The fact that the location of these holes is now precisely known allows Braveheart to use this data in their exploration strategy going forward (It also shows that the Alpine vein system exists approximately 400 m down dip of the lowermost underground mine workings). 

The 2016 report also references relatively recent (2011) exploration on peripheral vein systems including the ‘Black Prince’, ‘King Solomon’ and the ‘Gold Crown’, which occur on the property but have received far less historical exploration. These three are former producing mines and are all located on the Alpine Mine property. Their approximate locations are shown on Figure 1.

The Black Prince is located approximately 3.1 km to the northwest of the main Alpine Mine area. Selected sampling of quartz veins in old mine dumps at the Black Prince returned up to 71.0 g/t gold and 34 g/t silver.  At the King Solomon, quartz vein samples from old mine dumps returned up to 50.0 g/t gold and 42.2 g/t silver.  The old King Solomon workings are located approximately 1.8 km to the south-southwest of the Alpine mine.  At the old Gold Crown workings selected samples of partially oxidized sulphide-bearing quartz vein material from mine dumps returned 267 g/t gold and 47.6 g/t silver.  The Gold Crown is located approximately 620 m to the southeast of the Alpine Mine area.

It should be noted that all samples (with the exception of the Cominco drill intercepts) are selected ‘grab’ samples and thus are not representative of the veins as a whole.

The relationship between these mineralized veins and the Alpine vein system is not known at this time; however, they will be part of ongoing work undertaken by Braveheart on the Alpine Mine property.

The 2016 samples were analyzed by Actlabs of Kamloops, British Columbia.  All samples were analyzed by multi-element ICP; gold analyses were completed by fire assay with a gravimetric finish.

Figure 1
Location Map
Braveheart’s Alpine Mine Property (shaded in blue)

About Braveheart Resources Inc.
Braveheart is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in a favorable and proven mining jurisdiction - the West Kootenays in southeast British Columbia (silver and gold). Braveheart's shares are listed for trading on the TSX Venture Exchange under the symbol BHT.V. Braveheart has approximately 29,714,505 common shares issued and outstanding.

Qualified Person
Braveheart’s disclosure of a technical or scientific nature in this news release has been reviewed and approved by Mr. Jim Decker, P.Eng., a director of Braveheart who serves as a qualified person under the definition of National Instrument 43-101.

Contact
David W. Johnston, President and CEO, Director
403-701-2781
davidwjohnston@shaw.ca

Website: http://www.braveheartresourcesinc.com

Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, (more) uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

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 of this news release.