Higher-Grade PGM-Au-Ni Mineralization In North Sector At Luanga

Higher-Grade PGM-Au-Ni Mineralization In North Sector At Luanga

VANCOUVER – Bravo Mining Corp. reported on drill holes (DDH) from the North Sector at its Luanga palladium + platinum + rhodium + gold + nickel project, located in the Carajás Mineral Province, state of Pará, Brazil.

“Results continue to extend PGM+Au+Ni mineralization at depth, now in the North Sector, with mineralization extending from ~100m to ~200m below surface, which is still relatively shallow when compared to the greater than 400m depths demonstrated in the Central Sector,” said Luis Azevedo, Chairman and CEO. “Again, assay grades and mineralized thicknesses typically  improve at depth. We also see early evidence of copper sulphides in greater concentration relative to nickel sulphides, as well as localized high-grade rhodium, in the North Sector.”

Drilling in the North Sector continues to improve in grade and thickness below the limits of the current Mineral Resource Estimate (“MRE”), for example: 1) DDH23LU224 on Section 1 (28.9m at 2.44g/t PGM+Au, 0.10% Ni) is significantly thicker and higher-grade compared to up dip hole DDH23LU202 (10.0m at 0.80g/t PGM+Au, 0.12% Ni). 2) DDH23LU219 on Section 2 (22.4m at 1.82g/t PGM+Au and 9.1m at 2.22g/t PGM+Au) is also a significant improvement over historic drill hole PPT-LUAN-FD0002 up dip (11.7m at 1.08g/t PGM+Au and 20.0m at 0.77g/t PGM+Au respectively). 3) The North Sector drilling is at an earlier stage as compared to the Central Sector, where mineralization has been extended to depths of more than 400m. The potential to define and extend existing mineralization below depths as shallow as 100m is now being demonstrated. 4) Results in the North Sector continue to support the potential for future growth in Luanga’s MRE. 5) Narrow zones of copper sulphides and localized high-grade rhodium have also been intersected in the North Sector. 6) Bore-hole Electromagnetic (“EM”) survey team working in parallel with exploration drilling.