Bravo Reports Additional Results from Homestake Ridge

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 24, 2008) - Bravo Venture Group Inc. (TSX VENTURE: BVG.V)(FRANKFURT:B6I) reported today it has received additional assays from its 100% owned Homestake Ridge project, located 32km southeast of Stewart within the "Eskay Creek" region of northwestern British Columbia.

The company has now received gold fire-assays and ICP results from six additional drill holes. Complete assays have been returned for drillholes HR08-81, -84, and -85. Partial assays have been returned from drill holes HR08-86, -87 and -88. Highlights include: (estimated true thickness) a 15 metre interval grading 4.05 g/t Au from drill hole HR08-84 and a 4.39 metre interval grading 5.58 g/t Au from drill hole HR08-86. Holes HR08-86 and HR08-88 were lost prior to target depth and ended in mineralization. HR08-85 was drilled out of the section and away from the area of known mineralization and does not affect the validity of the model.

Bravo has now completed 33 core holes for over 6,600 metres of an anticipated 7,500 metre program. Drilling continues on the Main Homestake zone. Three drill holes have been completed at the Homestake Silver target, and two holes completed on the Vanguard Gold target. The first of two anticipated drill holes on the Vanguard Copper target is now underway.

To view the table, significant results from the recently returned drill holes, please click on the following link: http://media3.marketwire.com/docs/bvg0924.jpg

Analyzed by FA-ICP by Acme Analytical Labs, Vancouver BC - check assays are pending.

President Joe Kizis commented, "We are pleased that our drill results continue to confirm and refine our geologic model of the mineralization."

About Homestake Ridge

The property consists of Mineral Title claims and Crown Grant claims in which a 100% interest was earned by Bravo from Teck Cominco and a private Optionor, respectively. There is a 2% NSR royalty in favour of Teck Cominco and on other portions of the located mineral claims there is a 2% NSR royalty in favour of the original Optionor. Bravo has the right to purchase 1% of the Teck Cominco royalty for $1 million and 1% of the original Optionor's royalty for $1 million. The Crown Granted mineral claims also are subject to a 2% NSR royalty. In March 2007 Bravo announced an Inferred Resource estimate at the Main Homestake zone of 903,231 ounces of gold and 5,745,746 ounces of silver contained within 11.9 million tonnes with an average grade of 2.36 g/t Au and 15.0 g/t Ag using a cut-off grade of 0.5 g/t gold (see NR-04-07)(1). The deposit remains open down dip and along strike to the southeast and northwest. A long section showing the location of completed drill holes on the Homestake Main zone has been posted on the company's website www.bravoventuregroup.com.

About Bravo Venture Group Inc.

Bravo Venture Group Inc. is focused on exploring precious and base metal-rich projects within North America, currently with properties in Nevada, Alaska, and British Columbia. The company has extensive holdings strategically located within the Battle Mountain/Eureka "Cortez" gold trend in Nevada. The Woewodski Island project in southeast Alaska hosts both precious and base metal-rich massive sulphides and gold-rich orogenic quartz veins. The Homestake Ridge project is a gold-rich epithermal/VMS-related vein system within Eskay Creek/Silbak-Premier stratigraphy.

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

On behalf of the Board of Directors

Joseph A. Kizis Jr., Director, President, Bravo Venture Group Inc.

(1) An 'Inferred Mineral Resource' is that part of a Mineral Resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. The estimate is based on limited information and sampling gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes. Due to the uncertainty which may attach to Inferred Mineral Resources, it cannot be assumed that all or any part of an Inferred Mineral Resource will be upgraded to an Indicated or Measured Mineral Resource as a result of continued exploration. Confidence in the estimate is insufficient to allow the meaningful application of technical and economic parameters or to enable an evaluation of economic viability worthy of public disclosure. Inferred Mineral Resources must be excluded from estimates forming the basis of feasibility or other economic studies (43-101CP, CIM, 2001).

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.

Contacts

Jay Oness
Bravo Venture Group Inc.
1-888-456-1112 or (604) 684-9384
Email: corpdev@mnxltd.com
Website: www.bravoventuregroup.com