Corporate Presentation

March 2012

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Forward Looking Statement Some of the statements contained in this presentation may be deemed “forward-looking statements.” These include estimates and statements that describe the Company’s future plans, objectives or goals, and expectations of a stated condition or occurrence.

Forward-looking statements may be identified by the use of words such as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties.

Actual results relating to, among other things, results of exploration, reclamation, capital costs, and the company’s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as but not limited to; changes in general economic conditions and conditions in the financial markets; changes in demand and prices for the minerals the Company expects to produce; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the Company’s activities; and changing foreign exchange rates and other matters discussed in this presentation.

Persons should not place undue reliance on the Company’s forward-looking statements. Further information regarding these and other factors, which may cause results to differ materially from those projected in forward-looking statements, are included in the filings by the Company with securities regulatory authorities. The Company does not assume any obligation to update or revise any forward looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws, whether as a result of new information, future events or otherwise.

The TSX Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this presentation, that has been prepared by management.

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Introduction • Bravo is advancing its 100% owned Homestake Ridge project as a potential high-grade

underground mine with targeted capacity of 2,000 tpd and annual production of 100,000 oz gold equivalent:

– NI 43-101 compliant resource (as of April 2011, using a 3.0g/t Au-eq cut off):

• Total indicated resource of 191,000 oz Au and 1.35 MM oz Ag averaging 6.7g/t Au and 47g/t Ag

• Total inferred resource of 530,000 oz Au and 13.47 MM oz Ag averaging 4.1g/t Au and 103g/t Ag

– Metallurgical testing returned up to 90% gold recovery, similar silver and copper

– Conceptual mine planning and scoping studies now underway

– Excellent infrastructure in place including planned and permitted power generation facility

– 2011 discovery of new high grade gold deposit highlights continued exploration upside

• Acquisition of the adjoining 596 sq. km Kinskuch project consolidates this underexplored district and increases potential for discovery of accretive mineral resources

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Mining in BC/Infrastructure

Infrastructure

Power

• Onsite power generation facility has been permitted

• Proposed Northwest Transmission Line

Road

• 32km to tidewater at Alice Arm by historic roadway

• Road access to within 6km of property

Hydro

• Synergies with proposed hydro-development projects

Northwest BC

• Prolific and historic mining district

• Politically stable and mining-friendly province

Avanti Mining Kitsault Mo-Project

Kinskuch Property

Proposed Hydro Projects

Homestake Ridge Property

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Northern BC Geology & Major Deposits

• Homestake Ridge = 2,585 hectares

• Kinskuch Project = 59,600 hectares

Productive Precious Metal Belt To date the region has produced:

• over 7M oz Au • over 220M oz Ag • over 3B lbs Cu

AND has 43-101 compliant resources/reserves of: • over 65M oz Au • over 25B lbs Cu

Examples • Eskay Creek (3.3M oz Au; 159M oz Ag) • Silbak Premier (2.0M oz Au; 48M oz Ag) • Snip (+1M oz Au)

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6

Homestake Ridge Project

• 100% ownership

• Bravo aggressive and successful exploration since acquisition in 2003: – Discovery hole at Main Homestake deposit in 2005

– Discovery hole at Homestake Silver deposit in 2009

– Discovery hole at South Reef deposit in 2011

• 239 diamond drill holes completed on the project for a total of 66,283 metres at a cost of +$30 million

• The 2011 Drill Program was successful in: - Extending the strike length of the Homestake Silver deposit

- New high-grade gold discovery at the South Reef zone

• +$5 million – 10,000 metres delineation drilling at South Reef + exploration drilling, ground geophysical and surface exploration program planned in 2012

• New Target - 1 million additional high-grade gold ounces

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Homestake Project: Property View

• +1,850m of strike-length from the Main Homestake to the Homestake Silver deposits

• Multiple high-grade mineral occurrences throughout the property

• Drill delineated resources - • Main Homestake Deposit:

• 123 Drill Holes

• 28,836 metres

• Homestake Silver Deposit:

• 49 Drill Holes

• 19,692 metres

Evolution of an Emerging Gold-Silver District

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Homestake Project: Longitudinal Projection

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Expanding Resources Since 2003, Bravo has continually increased the footprint of the Main Homestake and Homestake Silver deposits across a 1,850 metre strike-length. Current drill program tested the Homestake Silver zone with seven drill holes totaling 3100 metres. Continued expansion of the Homestake Silver deposit with potential ore-grade mineralization intersected in each hole

Highlight HR11-228: 4.0m of 3.7g/t Au, 1024g/t Ag (22.4g/t AuEq)

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Homestake Project: 2011 Exploration Highlights

• Completed 23 drill holes (7356 metres)

• Extended the Homestake Silver deposit along strike and dip

New High Grade Gold Discovery at South Reef

• Located 800 metres to the southwest of the Homestake Silver deposit

• Drill Highlights: South Reef Zone

– 8.7m of 11.3g/t Au, 1.6g/t Ag from HR11-232

– 2.5m of 25.2g/t Au and 12.3g/t Ag from HR11-235

Homestake Silver Deposit

– 4.0m of 3.7g/t Au, 1024g/t Ag from HR11-228

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South Reef Discovery

• 1251 metres in four drill holes

• Only three tested the main structure – all three returned +30g/t Au intervals

• Tested an IP geophysical contact

• Spatial association with both historic and recent soil sampling

Hole No. From To Interval Au Ag Cu Comments

(m) (m) (m) (g/t) (g/t) (ppm)

HR11-232 157.6 166.3 8.7 11.3 1.6 1190

inc. 160.9 166.3 5.4 17.7 2.4 1901

inc. 162.3 165.3 3.1 30.8 3.3 3290

HR11-234 47.4 53.7 6.3 3.4 15.7 6431

inc. 47.4 48.4 1.0 10.5 7.9 513

and inc. 51.8 53.7 2.0 4.5 44.0 20397 2% CU

and 264.5 267.5 3.0 12.9 3.0 36

inc. 266.5 267.5 1.0 37.3 7.7 86

HR11-235 44.0 45.0 1.0 7.9 3.9 60

52.6 56.3 3.7 2.4 13.0 6731

259.6 260.4 0.8 46.5 12.3 241

289.5 292.0 2.5 25.2 9.6 251

inc. 290.5 292.0 1.5 41.3 14.6 327 0.4% Zn

HR11-236 82.8 84.3 1.6 0.8 51.3 7928 2.1% Pb, 4.3% Zn

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South Reef Discovery

Orthophoto drape looking southwest

Main Homestake Deposit

Homestake Silver Deposit North Dome

East Valley Hanging Wall Zone

Vanguard Gold

Vanguard Copper

Newly Discovered

South Reef Zone Future Target

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Homestake Ridge – 2012 South Reef Targeting

• Exploration in 2011: Drilled a 70 metre strike-length to 240 metres depth – returning

+30g/t Au in all three drill holes which tested the target structure

• Planned for 2012: 21 drill holes (black dots) totalling 7500m of drilling to outline a

1300 metre strike length to 300 metres depth.

• Target 2012 : +1 million additional high-grade ounces of gold

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Homestake Ridge Geology & Surface Geochemistry

Main Homestake Deposit 191,000oz Au, 1.35Moz Ag Indicated

184,000oz, 1.87Moz Ag Inferred

Homestake Silver Deposit 346,000oz, 11.6Moz Ag Inferred

South Reef Zone 2011 High Grade Au Discovery

Fox Reef Zone

Goldreef Additional drill

target

Vanguard Gold

Vanguard Copper Additional drill

target

Silver Crown

Dilly Zone

Dilly South

Geology Surface

Geochem

?

?

?

?

New Target Area 2011 High Grade Au Discovery

Dilation zone • Host rock (LF) • Mineralizing fluids • Ore bodies occur at

the top and base LF stratigraphy Goldreef

Additional drill target

Vanguard Copper Additional drill

target

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Homestake Project: 2011 Resource Estimate

Combined Main Homestake + Homestake Silver ResourcesTonnes Au Au Ag Ag Grade AuEq total

(g/t) (oz) (g/t) (oz) AuEq(g/t) (oz)

5.0g/t AuEq Cut Off

Indicated 438,000 10.1 142,000 81 1,140,000 11.4 160,240

Inferred 1,728,000 5.8 324,000 171 9,520,000 8.6 476,3203.0g/t AuEq Cut Off

Indicated 888,000 6.7 191,000 47 1,350,000 7.4 212,600

Inferred 4,060,000 4.1 530,000 103 13,470,000 5.7 745,5202.0g/t AuEq Cut Off

Indicated 1,300,000 5.2 218,000 35 1,480,000 5.8 241,680

Inferred 6,900,000 3.0 669,000 79 17,560,000 4.3 949,960

Notes:

1) Homestake Main Resource at a 3.0g/t AuEq cutoff averages 0.21% Cu and contains an estimated 9.22

million lbs of Cu .

2) CIM definitions were followed for Mineral Resources.

3) Mineral Resources are estimated using an average long-term gold price of US$1,050 per ounce Au,

US$18.00 per ounce Ag, and US$3.25 per pound Cu, with an exchange rate of C$1.00=US$0.90.

4) A Ag:Au ratio of 62.5:1 was used to calculate the AuEq total (oz).

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Homestake Project: Conceptual Mine Plan

View looking WNW

Drifts (in white)

Main

Homestake

Deposit Access portals and vent raises

(in yellow)

• Ramps (in blue)

• Ore & waste passes (in green)

Homestake

Silver Deposit

Conceptual High-Grade Underground Mine at Homestake Main and

Homestake Silver Deposits:

• Mining method: Sub-level retreat with ramp access utilizing mechanized equipment

• Mining Rate: 1,750 tpd

• Size: 4.9 million tonnes

• Mine Life: 9 years

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Homestake Project: Surface & Infrastructure

Generic process plant

Main Homestake Deposit

Homestake Silver Deposit

Tailings Impoundment

• Process plant & tailings: facility located adjacent to Homestake Silver deposit

• Tailings Disposal: Conventional slurry tailings impoundment

• Power: Hydro-A, several options being considered

• Road: Engineering is well advanced

Diversion Dam

Water Treatment Plant

Penstock Intake

Penstock

Mine Access Road

Powerhouse

Plant Site

Stockpile Area

To

Kits

au

lt

500 metres

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Homestake Project: Metallurgy & Processing

• Core material tested

• Test work completed by Melis Engineering at SGS Lakefield, Ont

• Metallurgical lab results – Expected recoveries from a combined

gravity/flotation processing plant would be:

85-90% for gold

75-80% for silver

85-90% for copper

• Environmental testing indicates initial tailings sample has low potential for acid generation Dore Bars

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Homestake Project: First Nations, The Environment & Permitting

• Nisga’a Treaty Land: Excellent relations with First Nations; engagement and consultation are on-going

• Exploration practices designed to preserve environmental integrity

• Base-line work has been initiated

• Permitting for road access and underground bulk sample to start

• Consultant to be engaged to manage the overall process

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Homestake Project: Schedule

Category

Exploration

Drilling

Surface Exploration

Compilation/Interpretation/Reporting

Engineering/Development

Resource Modelling

Internal ScopingM ine Plan, Processing, Tailings, Power, Road

Formal PEA (pending positive scoping)

Road Design - Permitting

Environmental

ADR/ML - Reporting

Baseline Environmental

2013

Q1 Q2 Q3 Q4

2012

Q1 Q2 Q3 Q4

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Homestake Ridge – 2012 Exploration Program

• Required Program - ~$5M-$6M

– Minimum 10,000 metres diamond drilling • South Reef target and strike extension

• Homestake Silver, Gold Reef, Vanguard Copper

– Surface exploration - detailed rock and channel sampling; some soil sampling

– IP Geophysics

• Target:

– 1.0 million high-grade gold ounces (+10g/t Au)

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Bravo Gold – District Consolidation

Kinskuch Project - New Acquisition

• 156 contiguous claims – 596 sq. km

• Adjacent to Homestake Ridge and Silver Basin properties

• 37 historical mineral occurrences

Target: Accretive Resources to Homestake Ridge

Two main areas of focus

• Homestake Trend – VMS trend

• Illiance River Trend – VMS trend

1st Year Program Completed

• Airborne geophysics

• Follow-up surface work

• 856 m four holes drilling

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Kinskuch Project: Airborne Geophysics

Illiance River Trend Large zone of magnetic

destruction over target area

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Kinskuch Project: Illiance River Trend

Illiance River Trend – 2011 Exploration Results

• Six known Ag-rich mineral occurrences along a 2.5 km strike-length

• Surface chip and saw-cut channel samples confirm high-grade mineralization over entire trend

• 855 metres drilled in four holes

• Multiple high-grade Ag-polymetallic intercepts over +500 metre strike

Highlights – Saw-cut Channel Sampling

• 2.2 metre interval averaging 530g/t silver, 5.5% lead and 4.2% zinc (807g/t AgEq)

• 1.1 metre interval averaging 285g/t silver, 4.3% lead and 3.1% zinc (512g/t AgEq)

• 1.9 metres averaging 373g/t silver, 7.8% lead and 5.2% zinc (743g/t AgEq)

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Kinskuch Project: Drill Results

Hole No. From To Interval Au Ag Cu Pb Zn AgEquiv

(m) (m) (m) (g/t) (g/t) (%) (%) (%) (g/t)

KN11-001 NSV NSV NSV NSV NSV NSV NSV NSV NSV

KN11-002 70.0 72.7 2.8 0.4 318 0.1 2.2 6.5 579.4

inc. 72.1 72.7 0.7 0.8 735 0.2 3.5 11.3 1186.2

KN11-003 46.5 50.4 3.9 0.2 267 0.1 1.3 6.5 489.5

inc. 49.5 50.4 0.9 0.3 584 0.2 3.4 17.7 1172.2

76.4 88.8 12.4 0.0 21 0.0 0.5 1.0 64.3

inc. 82.1 83.5 1.4 0.0 73 0.1 2.1 3.7 235.8

112.8 119.2 6.5 0.1 104 0.1 1.0 2.5 207.5

inc. 116.1 117.5 1.1 0.6 534 0.3 4.5 10.0 969.5

167.1 168.4 1.3 0.0 220 0.0 0.3 0.7 252.8

181.7 182.8 1.1 0.4 145 0.1 0.5 1.4 226.0

196.0 197.0 1.0 0.4 58 0.0 0.3 2.6 158.8

KN11-004 94.9 104.5 9.7 0.1 77 0.1 1.4 3.9 230.6

inc. 100.4 102.0 1.6 0.2 338 0.6 5.0 15.9 946.0

131.6 145.0 13.4 0.0 74 0.0 0.6 1.5 135.6

inc. 143.3 145.0 1.7 0.1 288 0.1 1.9 5.1 487.1

196.9 197.7 0.8 0.2 103 0.0 4.1 4.5 340.8

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Kinskuch Project: Budgets

• Required Program - ~$5.0M

– Minimum 10,000 metres diamond drilling • Illiance Trend and on-strike extensions

• Other targets on 596 sq. km. property

– Surface exploration – Follow-up on historical occurrences

– Surface Exploration - New targets from Airborne survey

• Expectation:

– Delineation of 500 metre strike extent of south Illiance River trend - Target: 15 - 20 Moz AgEq

– New target generation – Illiance River and other targets

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Investment Summary • Bravo has moved from grass-roots discovery to resource delineation to

potential mine development in what we believe to be a substantial gold-silver district.

• Excellent infrastructure in place including planned and permitted power generation facility on our claims.

– NI 43-101 compliant resource (as of April 2011, using a 3.0g/t Au-eq cut off):

• Total indicated resource of 191,000 oz Au and 1.35 MM oz Ag averaging 6.7g/t Au and 47g/t Ag

• Total inferred resource of 530,000 oz Au and 13.47 MM oz Ag averaging 4.1g/t Au and 103g/t Ag

• $10M exploration program to target additional high-grade gold and silver polymetallic resources on the project

• 2012 Resource Addition Goals:

Homestake Ridge – 1 Mozs Au

Illiance River – 20 Mozs AgEq

• Baseline environmental studies in progress for the project area.

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Company Management

Directors & Officers Joseph A. Kizis Jr., President, Director

Lawrence Page, QC, Chairman, Director

Stephen Beardslee, Director

Declan Costelloe, Director

Terrence E. Eyton, Director

Ken Thorsen, Director

Scott Hean, Director

Senior Management Mahesh Liyanage, CFO

Robert MacDonald, VP, Exploration

Liana Shahinian, VP Corporate Development

Fred Sveinson, Consulting Mining Engineer

Financial Summary

BVG – TSX.V Frankfurt: B6I Shares outstanding – 215 million Warrants outstanding – 39 million Fully diluted – 274 million Year Range – $0.07 - $0.17 Share Ownership Insiders/Management etc 8.5% Institutions – North America/Europe 10% German Retail 20%

Contact Information Toll Free: 1.888.456.1112

Fax: 604.688.4670 Email: info@mnxltd.com

Website: www.bravogoldcorp.com