BVA Bravada Gold Corporation

Bravada Gold Corporation (TSX VENTURE:BVA)(FRANKFURT:BRT) ("Bravada") announced
today that it has received its amended drilling permit for the Wind Mountain
gold and silver property, located in northwestern Nevada. The program is
expected to consist of seven to ten reverse-circulation holes, 1,200-1500 meters
in total. A drill contract has been signed and drilling is expected to commence
during the week of October 15th. Bravada has outlined a NI-43-101 resource at
Wind Mountain of 570,000 ounces of gold and 14.7 million ounces of silver in the
Indicated category and an additional 354,000 ounces of gold and 10.1 million
ounces of silver in the Inferred category (see NR-06-12, dated April 11, 2011).


The program is designed to test two exploration targets that could result in
large expansions to the existing resource and is based on mapping and 2011
drilling by Bravada (see attached target map). The targets, hidden beneath
shallow alluvial cover, are the undrilled Zephyr target and the down-dip
extension of shallow oxide mineralization that Bravada drilled at the North Hill
target during 2011. For example, previously announced WM11-038 at North Hill
intersected 6.1m of 0.619g/t Au and 17.9g/t Ag beginning at surface.


The program is being funded by Argonaut Gold Inc. ("Argonaut"). Argonaut can
fund staged expenditures totalling US$7.5million over a three-year period to
earn the option to purchase the project by paying Bravada a price of $30 per
ounce of gold-equivalent contained within Measured and Indicated resource
categories as determined by independent Qualified Persons. Further details of
the agreement can be found in Bravada's news release of September 18, 2012
(NR-11-12).


President Joe Kizis commented, "We are excited to test two exploration areas
that could significantly increase the gold and silver resources at Wind
Mountain. Our permit has been modified to allow the new holes. In addition, the
total existing disturbance was reduced as a result of our program of concurrent
reclamation, which will give us important flexibility to add new drill sites
under our Notice permit."


About Wind Mountain

The past-producing Wind Mountain gold/silver project is located approximately
160km northeast of Reno, Nevada in a sparsely populated region with excellent
logistics, including county-maintained road access and a power line to the
property. A Technical Report for an independent Preliminary Economic Assessment
(PEA) and resource estimate was conducted by Mine Development Associates (MDA)
of Reno and has been posted on SEDAR, as previously reported (see NR-07-12 dated
May 1, 2012).


Mine Development Associates compiled the technical report. Thomas Dyer, P.E. is
a Senior Engineer for MDA and is responsible for sections of the technical
report involving mine designs and the economic evaluation, and Steven
Ristorcelli, C.P.G., is a Principal Geologist for MDA and is responsible for the
sections involving the Mineral Resource estimate. These are the Qualified
Persons of the technical report for the purpose of Canadian NI 43-101, Standards
of Disclosure for Economic Analyses of Mineral Projects.


About Bravada Gold Corporation

Bravada is a member of the Manex Resource Group of companies with an exploration
office in Reno, from which it is exploring its extensive Carlin-type and
low-sulfidation-type gold holdings strategically located within numerous
productive gold trends in Nevada. Homestake Resource Corporation owns 10.19% of
Bravada's 114,834,282 outstanding common shares.


To view the map accompanying this release please click on the following link:
http://media3.marketwire.com/docs/1004bva.jpg


Joseph Anthony Kizis, Jr. (AIPG CPG-11513, Wyoming PG-2576) is the Qualified
Person responsible for reviewing the technical results in this release.


On behalf of the Board of Directors of Bravada Gold Corporation

Joseph A. Kizis Jr., Director, President, Bravada Gold Corporation

This news release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements. These statements are based on a number of assumptions, including,
but not limited to, assumptions regarding general economic conditions, interest
rates, commodity markets, regulatory and governmental approvals for the
company's projects, and the availability of financing for the company's
development projects on reasonable terms. Factors that could cause actual
results to differ materially from those in forward looking statements include
market prices, exploitation and exploration successes, the timing and receipt of
government and regulatory approvals, and continued availability of capital and
financing and general economic, market or business conditions. Bravada Gold
Corporation does not assume any obligation to update or revise its
forward-looking statements, whether as a result of new information, future
events or otherwise, except to the extent required by applicable law.

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