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Bravado Resources Inc. and Consolidated Silver Tusk Mines Ltd.: CKS Announces a Strategic Alliance with Bravado Resources Inc.


VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
 -- Consolidated Silver Tusk Mines Ltd. and Bravado bra·va·do  
n. pl. bra·va·dos or bra·va·does
1.
a. Defiant or swaggering behavior: strove to prevent our courage from turning into bravado.

b.
 Resources Inc.

This J.V. agreement with Bravado will enable the company to exploit previously identified gold, diamond and platinum, properties in the Pompano pompano (pŏm`pənō), common name for fishes of the genus Trachinotus, and for Palometus simillimus, members of a large and important family of mackerellike fishes, abundant in warm seas around the world.  River district of Sierra Leone Sierra Leone (sēĕr`ə lēō`nē, lēōn`; sēr`ə lēōn), officially Republic of Sierra Leone, republic (2005 est. pop. 6,018,000), 27,699 sq mi (71,740 sq km), W Africa.  West Africa West Africa

A region of western Africa between the Sahara Desert and the Gulf of Guinea. It was largely controlled by colonial powers until the 20th century.



West African adj. & n.
.

CKS CKS Checks
CKS Center for Korean Studies (UC Berkeley)
CKS Center for Knowledge Societies
CKS Carajas, Para, Brazil - International / Brasilia Brazil (Airport Code)
CKS Crankshaft Sensor
 is pleased to present the following update on its Sierra Leone, West Africa project. Following CKS receipt of tax loss funds, a decision was made to invest in and develop a 40 square kilometer alluvial al·lu·vi·al  
adj.
Of, relating to, or found in alluvium: alluvial soil; alluvial gold.


alluvial
Adjective

of or relating to alluvium

Noun
 concession along the Pompano River in Sierra Leone with the concession owner Rosint LTD.

In the early 1990's, the Pompano property had geological reports written on alluvial grade, based on bulk sampling techniques. The reports indicated a significant gold resource with an average grade of one and one half grams per ton. Early bulk testing by Bravado is averaging slightly over 3 grams of gold per ton. The concession also hosts hard rock potential to the north of the property and additional work in this area may define drill targets.

After significant investment in the property CKS has negotiated a joint venture agreement with Bravado to move the project into exploration and further bulk testing for which Bravado will provide funding and on site management CKS will convert its position into shares of Bravado.

Bravado will in conjunction with a financing pursue a public listing of its shares in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.  and/or Europe in 2005, Bravado is currently in talks with several investment groups to raise additional funding to acquire equipment, as well as new properties that will include both on-shore gold, diamond and offshore diamond concessions.

Following the financing, Bravado plans to aggressively seek the acquisition of additional gold and diamond concessions with the objective of taking one or more of these projects into production on a solo or joint venture basis.

Sierra Leone has an open door policy with regards to foreign investment in all aspects of commerce, and provides favorable tax incentives to mining companies. As a result, the Sierra Leone mining sector has been booming over the last several years, with major financial investment from several large multinational mining groups. These multinational groups have recognized that Sierra Leone offers significant opportunity to invest in known gold and diamond properties.

Sierra Leone is now very stable since the end of civil conflict with a large U.N. presence, and in addition the government has signed a long-term security agreement with the British Government.
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Publication:Business Wire
Date:Apr 11, 2005
Words:404
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