Correction: Bravada and Fortune River Plan to Merge Forming Strong Nevada-Focused Exploration and Development Company

A correction is issued for the release issued at 12:31 PM ET. The link to the
map was omitted in error. The corrected release follows:


Bravada Gold Corporation (TSX VENTURE:BVA)(FRANKFURT:6BG) and Fortune River
Resource Corporation (TSX VENTURE:FRX)(FRANKFURT:RG7A) report that their
respective Boards of Directors have agreed, subject to receiving independent
Fairness Opinions, appropriate approvals of shareholders and the Supreme Court
of British Columbia, and acceptance by the TSX Venture Exchange, to merge into a
single amalgamated company which would retain the name Bravada Gold Corporation.
The amalgamated company will focus exploration activities on its combined 20
Nevada properties (approximately 13,000ha), located in the Battle
Mountain-Eureka trend, the Walker Lane Trend, and the Northern Nevada Rift (see
attached map). In addition, both companies are well advanced toward acquiring
other strategic properties in these established Nevada gold trends.


The Amalgamation Agreement provides for the exchange of two shares of FRX for
one share of the amalgamated Company and one share of BVA for one share of the
amalgamated Company, or such other ratios as may be recommended by the author of
a Fairness Opinion and accepted by the Boards of Directors of both Companies. 


It is anticipated that Special meetings of both Companies will be convened
during the month of October 2010 for resolutions of the Members of each Company
followed by Court application and submissions to the TSX Venture Exchange for
listing of the shares of the amalgamated Company.


Fortune River's contribution

FRX contributes an existing mineral resource at its Wind Mountain property, a
previous Amax Gold open-pit/heap-leach mine. The project contains an estimated
406,000 ounces of gold in the Measured plus Indicated Resource categories, 33.7
million tons averaging 0.411 g/t Au, using a cutoff grade of 0.257g/t Au, plus
an additional 92,000 ounces of gold in the inferred category, 9.8 million tons
averaging 0.308g/t Au, using the same cut-off grade (see FRX news release dated
January 8, 2008). The company recently commissioned an independent
NI43-101-Compliant Preliminary Economic Assessment and associated Technical
Report by Mines Development Associates (MDA), a well-respected engineering group
based in Reno. MDA modelled an open pit using $850 per ounce of gold and $14.50
per ounce of silver. MDA's report indicates the project will have an NPV@ 5% of
US$13.2 million (IRR=15%) at $850 per ounce gold and, assuming a 20% increase in
metal prices, an NPV@ 5% of US$43.7 million (IRR=38%) at $1,020 per ounce gold
for the same pit design (see FRX news release NR-05-10 dated April 13, 2010).
MDA recommends further work that would advance the project through
pre-feasibility at a cost of approximately US$462,000, exclusive of further
delineation and exploration drilling, which it estimates at an additional cost
of $1.4 million.


In addition to Wind Mountain, FRX holds the drill-ready East Manhattan property
(proposed approximately 1, 000m in five relatively shallow core holes), where
past drilling by FRX has encountered encouraging gold mineralization.
Hole-EM08010, located near the western margin of the property, is particularly
encouraging as it contains two significant intervals (estimated true
thicknesses): 11.25m of 2.868 g/t Au at 91.4m depth followed by another 11.25m
of 0.805 g/t Au at 118.9m depth. Approximately 300 meters to the east along
strike is a historic drill hole (non-NI43-101) that contains similar
mineralization at shallow depths, but for which data cannot be verified.


Currently, Christopher James Gold Corp (CJG.V) is funding exploration costs to
earn an interest in FRX's Highland and Buz properties, and the two companies
equally share funding costs for the Zebra property; FRX is operator for all
three properties. FRX also holds the Baxter low-sulfidation Au/Ag property and
the Mud Springs Climax-type molybdenum property. In addition to the Nevada
properties discussed above, FRX owns the Drayton Archean gold property in
Ontario and a small equity position in Goldstone Resources Inc. (GRC.V).


Bravada's contribution

BVA has recently completed an equity financing in order to fund further
exploration activities and to acquire additional attractive properties, which
are now available in the Battle Mountain Gold and other established Nevada gold
trends due to poor market conditions for junior explorers. BVA recently
completed a deep drilling program at its Signal property (1,270m as two core
holes) and is currently drilling the first deep holes to explore the PH property
(approximately 1, 000m as two core holes). Its SF property is permitted and
bonded, and may be drilled this Fall (approximately 600m as two R.C. holes).


Other assets within BVA include a royalty on a small barite deposit on its
Shoshone Pediment property, being evaluated by oil-field service giant Baker
Hughes Incorporated (BHI.N), an exploration earn-in on its HO gold property
funded by start-up company NuLegacy Gold Corporation, currently a private Nevada
focused gold exploration company, together with an equity position in NuLegacy,
and a trailer and warehouse facility in Crescent Valley, Nevada. Bravo Gold
Corporation (BVG.V) currently holds 34% of BVA's outstanding shares and its
equity holding is expected to be held as a long-term investment.


Why the combination makes sense

Operations of the amalgamating companies are conducted by Manex Resource Group
support staff in its Vancouver office and geology staff in its Reno office. The
staff and consultants are well respected in the Canadian junior market and in
the Nevada geological community. A business arrangement between the amalgamating
companies would result in significant benefits:




--  Greater efficiency in the administration of the two companies as a
    merged entity 
--  Reduction of administrative costs 
--  Potentially greater ability to access exploration funds for the
    consolidated group of mineral properties 
--  Increases the company's visibility as a potential JV partner, both to
    acquire new properties and to further develop mines at the company's
    properties 
--  Presents to investors a premier Nevada-focused exploration company with
    a large portfolio of high-quality properties with potential for year-
    round exploration. 



Business approach

The Amalgamated Company will explore for new multi-million ounce, high-grade
gold deposits and will then seek to joint-venture the mine development of those
discoveries with one of the major gold-mining companies while retaining a
sufficient interest to positively affect the value of the Amalgamated Company.
Those discoveries that do not meet this criterion will be joint-ventured with an
appropriate smaller company or dropped.


Joe Kizis is President of both amalgamating companies and proposed President of
the Amalgamated Company. He comments, "We believe that the amalgamated company
will be stronger than the two amalgamating companies would be separately. It
will have a potentially economic asset base with the Wind Mountain property,
which is highly leveraged to the price of gold. It will also have several
high-quality properties which are permitted, bonded and ready for drilling along
well-established gold trends in one of the world's best gold jurisdictions,
increasing the chance for new, multi-million-ounce gold discoveries." 


About Bravada Gold Corporation

Bravada Gold Corporation is a member of the Manex Resource Group of companies
with an exploration office in Reno, Nevada from which it is exploring its
extensive Carlin-type gold holdings strategically located within the Battle
Mountain/Eureka "Cortez" gold trend in Nevada. Bravo Gold Corp. (BVG.V) owns 34%
of 32,519,218 Bravada common shares currently outstanding.


About Fortune River Resource Corp.

Fortune River Resource Corp. is exploring for high-grade gold deposits within
two prolific gold producing geologic provinces, Nevada and Ontario. The Wind
Mountain, East Manhattan, Highland, Baxter, Mud Springs, Buz and Zebra projects
are located in Nevada and the Drayton project is located in Ontario.


Joseph Anthony Kizis, Jr. (P.Geo.) is the Qualified Person responsible for
reviewing the technical results in this release.


On behalf of the Board of Directors of Bravada Gold Corporation and Fortune
River Resource Corporation


Joseph A. Kizis Jr., Director, President, Bravada Gold Corporation and Fortune
River Resource 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.


To view the map accompanying this press release please visit the following link:
http://media3.marketwire.com/docs/FRX_BVG_basemap.pdf