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      Bravo Extends PGM+Au+Ni Mineralization to Depth & Intercepts More Massive Sulphide Nickel

      Bravo Mining LOGO (CNW Group/Bravo Mining Corp.)

      News provided by

      Bravo Mining Corp.

      Jul 11, 2023, 06:30 ET

      Share this article

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      Highlights include 3.2m at 2.86g/t PGM+Au, 1.81% Ni, and 0.18% Cu from 59.1m; 43m at 2.34g/t PGM+Au, 0.29% Ni from 246.8m, and 11m at 5.02g/t PGM+Au, 0.27% Ni from 271.4m

      VANCOUVER, BC, July 11, 2023 /CNW/ - Bravo Mining Corp. (TSXV: BRVO) (OTCQX: BRVMF), ("Bravo" or the "Company") announced that it has received assay results from twenty-one diamond drill holes ("DDH") from the Southwest, Central and North Sectors at its 100% owned Luanga palladium + platinum + rhodium + gold + nickel project ("Luanga" or "Luanga PGM+Au+Ni Project"), located in the Carajás Mineral Province, state of Pará, Brazil. Results include the initial eight DDH from Phase 2 Program that is successfully targeting potential extensions to mineralization down to approximately 300m below surface, which is twice as deep as Bravo drilled in its Phase 1 Program.

      Continue Reading
      Figure 1: Core Photos (DDH23LU184) showing further evidence of magmatic nickel sulphide mineralization in the Southwest Sector. (CNW Group/Bravo Mining Corp.)
      Figure 1: Core Photos (DDH23LU184) showing further evidence of magmatic nickel sulphide mineralization in the Southwest Sector. (CNW Group/Bravo Mining Corp.)
      Figure 2: Central Sector (~2km strike) plan showing excellent results at depth, including consistently higher nickel assay results. (CNW Group/Bravo Mining Corp.)
      Figure 2: Central Sector (~2km strike) plan showing excellent results at depth, including consistently higher nickel assay results. (CNW Group/Bravo Mining Corp.)
      Figure 3: Central Sector (Section 1 on Figure 4) – Continuation of mineralization to depth, now defined to ~300m below surface. (CNW Group/Bravo Mining Corp.)
      Figure 3: Central Sector (Section 1 on Figure 4) – Continuation of mineralization to depth, now defined to ~300m below surface. (CNW Group/Bravo Mining Corp.)
      Figure 4: Central Sector (Section 2 on Figure 4) – Continuation of mineralization to depth, now defined to ~300m below surface. (CNW Group/Bravo Mining Corp.)
      Figure 4: Central Sector (Section 2 on Figure 4) – Continuation of mineralization to depth, now defined to ~300m below surface. (CNW Group/Bravo Mining Corp.)
      Figure 4: Location of Bravo Drilling and Sections Reported in this News Release (CNW Group/Bravo Mining Corp.)
      Figure 4: Location of Bravo Drilling and Sections Reported in this News Release (CNW Group/Bravo Mining Corp.)

      "The Phase 2 drill program is progressing as planned with initial results indicating PGM+Au+Ni mineralization is present as expected from ~150m to ~300m below surface (see Figures 3 and 4) with comparable thicknesses and grades to those intercepted at shallower depths tested during our Phase 1 Program," said Luis Azevedo, Chairman and CEO of Bravo. "Drill hole DDH23LU184 has intercepted additional evidence of magmatic nickel sulphide mineralization in the Southwest Sector, further supporting the potential for nickel sulphides at depth at Luanga. We continue to be encouraged with such results, particularly as we await the final data interpretation of the recently completed HeliTEM survey, where preliminarily data interpretation suggests promising anomalies are present."

      Highlights Include:

      • DDH23LU184 returned further evidence of massive sulphide nickel in the Southwest Sector (Figure 1).
      • First results from deeper drilling (Phase 2 Program) in the Central Sector have successfully identified mineralization to depths of up to ~300m below surface (Figures 3 and 4) with similar thicknesses and grades (PGM+Au and Ni Sulphide) as those in shallower Bravo drilling on the same sections.
      • HeliTEM (airborne electromagnetics) was completed over the entire (7.810ha) Luanga project. Preliminary data shows that promising anomalies are present. Final data (expected soon) will enable full interpretation.

      HOLE-ID

      From

      (m)

      To

      (m)

      Thickness
      (m)

      Pd

      (g/t)

      Pt

      (g/t)

      Rh

      (g/t)

      Au
      (g/t)

      PGM +
      Au (g/t)

      Ni* (%)

      TYPE

      Sector

      DDH23LU152

      94.8

      96.2

      1.4

      0.22

      0.04

      0.00

      0.02

      0.28

      1.20

      FR

      Central

      Including

      95.5

      96.2

      0.7

      0.30

      0.06

      0.00

      0.02

      0.39

      1.92

      FR

      And

      140.0

      152.0

      12.0

      0.81

      0.54

      0.07

      0.05

      1.46

      0.15

      FR

      DDH23LU154

      45.9

      90.9

      45.0

      0.50

      0.41

      0.03

      0.02

      0.96

      0.16

      FR

      Central

      DDH23LU155

      256.9

      263.6

      6.7

      1.06

      0.28

      0.02

      0.01

      1.37

      0.26

      FR

      North

      Including

      258.7

      259.5

      0.9

      3.28

      0.46

      0.01

      0.01

      3.76

      1.15

      FR

      DDH23LU156

      119.0

      138.0

      19.0

      0.77

      0.49

      0.07

      0.02

      1.35

      0.16

      FR

      Central

      DDH23LU157

      5.6

      18.4

      12.8

      0.79

      0.38

      0.03

      0.21

      1.42

      NA

      Ox

      Central

      DDH23LU158

      165.2

      174.2

      9.0

      1.76

      1.68

      0.03

      0.03

      3.49

      0.08

      FR

      North

      DDH23LU162

      246.8

      289.8

      43.0

      1.70

      0.52

      0.08

      0.05

      2.34

      0.29

      FR

      Southwest

      DDH23LU165

      196.3

      206.3

      10.0

      1.17

      0.44

      0.02

      0.22

      1.84

      0.26

      FR

      Central

      DDH23LU166

      271.4

      282.4

      11.0

      2.92

      1.47

      0.22

      0.42

      5.02

      0.27

      FR

      Central

      DDH23LU167

      209.7

      251.7

      42.0

      0.77

      0.24

      0.04

      0.01

      1.05

      0.16

      FR

      Central

      DDH23LU168

      260.7

      275.0

      14.3

      2.12

      0.96

      0.15

      0.05

      3.28

      0.13

      FR

      Central

      DDH23LU169

      162.7

      181.7

      19.0

      1.07

      0.54

      0.06

      0.03

      1.70

      0.13

      FR

      Central

      DDH23LU170

      249.0

      288.0

      39.0

      0.60

      0.34

      0.05

      0.02

      1.01

      0.10

      FR

      Central

      DDH23LU184

      59.1

      62.3

      3.2

      1.54

      0.55

      0.59

      0.19

      2.86

      1.81

      FR

      Southwest

      Notes:   

      All 'From', 'To' depths, and 'Thicknesses' are downhole. 'NA' Not applicable for Oxide material.


      Given the orientation of the hole and the mineralization, the intercepts are estimated to 110% to 120% of true thickness.


      Type: Ox = Oxide. LS = Low Sulphur. FR = Fresh Rock. Recovery methods and results will differ based on the type of mineralization.


      * Bravo's nickel grades are sulphide nickel, and do not include non-recoverable silicate nickel, unlike historical total nickel assays.


      Luanga Drilling Update

      Results from a further twenty-one diamond drill holes have been received, including the first eight drill holes from the Phase 2 Program targeting potential extensions of PGM+Au+Ni mineralization down to approximately 300m below surface, or twice as deep as Bravo drilled in Phase 1. Results from five drill holes are from the Southwest Sector, eleven from the Central Sector, and five from the North Sector are reported in this news release. Results confirm that mineralization extends to depth at similar thicknesses and grades to intercepts in historic drilling on nearby drill sections, and in Bravo's Phase 1 drill program.

      In the Southwest Sector, another zone of magmatic nickel sulphide mineralization has been intersected, with 3.2m of massive and semi-massive sulphides intercepted in DDH23LU184 (Figure 1), providing further evidence of magmatic nickel sulphides in the Southwest Sector. Assay results also show consistency with historical results for PGMs compared with intercepts in historic drilling on neighbouring drill sections.

      Section 1 (Figure 3) in the Central Zone shows increasing nickel values at depth, continuing to broadly support an enrichment in disseminated magmatic nickel sulphide throughout the Central Sector (Figure 2) compared to the North and Southwest Sectors. Completed drill holes, which are awaiting assay results, are highlighted on Figure 4, demonstrating the pattern of Phase 2 step out drilling. Section 1 drill-hole DDH23LU162 and Section 2 drill-hole DDH23LU170 have both now defined mineralization to depths of approximately 250 metres below surface.

      A total of 197 drill holes (62 in 2023) have been completed by Bravo to date, for 37,645 metres, including all 8 planned twin holes and all 8 metallurgical holes (not subject to routine assaying).

      Results have been reported for 169 Bravo drill holes to date. Results for 20 Bravo drill holes are currently outstanding (excluding the metallurgical holes). Completed drill holes with results pending are highlighted on Figure 4.

      Complete Table of Recent Intercepts.

      HOLE-ID

      From
      (m)

      To
      (m)

      Thickness
      (m)

      Pd
      (g/t)

      Pt
      (g/t)

      Rh
      (g/t)

      Au
      (g/t)

      PGM + Au
      (g/t)

      Ni* (%)
      Sulphide

      Cu (%)
      Sulphide

      TYPE

      DDH23LU139

      123.9

      124.9

      1.0

      0.88

      0.29

      0.00

      0.11

      1.28

      0.10


      FR

      And

      168.9

      170.9

      2.0

      0.46

      0.16

      0.00

      0.09

      0.72

      0.14


      FR

      And

      185.3

      187.3

      2.0

      0.27

      0.15

      0.00

      0.04

      0.47

      0.10


      FR

      And

      193.3

      194.3

      1.0

      0.58

      0.24

      0.00

      0.17

      0.99

      0.17


      FR

      And

      216.8

      220.8

      4.0

      0.57

      0.21

      0.00

      0.08

      0.86

      0.18


      FR

      And

      236.8

      239.8

      3.0

      0.21

      0.08

      0.00

      0.06

      0.35

      0.09


      FR

      And

      253.9

      257.5

      3.6

      0.84

      0.28

      0.03

      0.12

      1.28

      0.24


      FR

      And

      288.0

      290.0

      2.0

      0.23

      0.08

      0.08

      0.00

      0.39

      0.26


      FR

      And

      301.3

      302.3

      1.0

      1.90

      0.40

      0.15

      0.01

      2.47

      0.76


      FR

      And

      319.0

      325.0

      6.0

      0.44

      0.18

      0.05

      0.01

      0.68

      0.20


      FR

      DDH23LU150

      0.0

      2.0

      2.0

      0.23

      0.09

      0.00

      0.03

      0.34

      NA


      Ox

      And

      32.0

      38.0

      6.0

      0.25

      0.10

      0.01

      0.01

      0.38

      0.31


      FR

      And

      44.0

      46.0

      2.0

      0.33

      0.13

      0.00

      0.02

      0.48

      0.12


      FR

      And

      63.9

      68.9

      5.0

      0.23

      0.09

      0.01

      0.02

      0.35

      0.12


      FR

      And

      79.9

      82.0

      2.1

      0.38

      0.18

      0.01

      0.01

      0.58

      0.07


      FR

      And

      84.0

      87.0

      3.0

      0.49

      0.28

      0.01

      0.01

      0.79

      0.08


      FR

      Including

      84.0

      85.0

      1.0

      0.75

      0.37

      0.00

      0.02

      1.14

      0.08


      FR

      And

      93.0

      98.1

      5.1

      0.39

      0.27

      0.03

      0.01

      0.71

      0.03


      FR

      Including

      94.0

      95.0

      1.0

      1.34

      0.63

      0.10

      0.04

      2.10

      0.12


      FR

      DDH23LU151

      0.0

      5.2

      5.2

      0.23

      0.12

      0.00

      0.02

      0.38

      NA


      Ox

      And

      20.7

      22.7

      2.0

      0.58

      0.20

      0.00

      0.02

      0.81

      0.30


      FR

      And

      58.6

      60.6

      2.0

      6.52

      3.45

      0.48

      0.09

      10.54

      0.06


      FR

      Including

      58.6

      59.6

      1.0

      8.62

      4.59

      0.57

      0.14

      13.93

      0.06


      FR

      And

      64.6

      66.6

      2.0

      0.40

      0.20

      0.01

      0.00

      0.61

      0.06


      FR

      DDH23LU152

      94.8

      96.2

      1.4

      0.22

      0.04

      0.00

      0.02

      0.28

      1.20


      FR

      Including

      95.5

      96.2

      0.7

      0.30

      0.06

      0.00

      0.02

      0.39

      1.92


      FR

      And

      104.2

      106.2

      2.0

      0.36

      0.22

      0.00

      0.02

      0.60

      0.17


      FR

      And

      114.2

      116.2

      2.0

      0.28

      0.16

      0.00

      0.05

      0.49

      0.15


      FR

      And

      118.2

      125.2

      7.0

      0.24

      0.15

      0.02

      0.03

      0.44

      0.12


      FR

      And

      131.0

      138.0

      7.0

      0.56

      0.34

      0.03

      0.21

      1.13

      0.16


      FR

      And

      140.0

      152.0

      12.0

      0.81

      0.54

      0.07

      0.05

      1.46

      0.15


      FR

      Including

      145.0

      146.0

      1.0

      2.37

      1.62

      0.35

      0.09

      4.43

      0.29


      FR

      And

      157.0

      161.0

      4.0

      0.26

      0.13

      0.01

      0.01

      0.41

      0.06


      FR

      DDH23LU153

      47.3

      52.3

      5.0

      0.14

      0.36

      0.00

      0.01

      0.52

      0.22


      FR

      And

      100.3

      107.3

      7.0

      0.19

      0.14

      0.02

      0.01

      0.36

      0.03


      FR

      DDH23LU154

      0.0

      2.7

      2.7

      0.26

      0.14

      0.01

      0.04

      0.44

      NA


      Ox

      And

      21.2

      23.2

      2.0

      0.28

      0.59

      0.00

      0.08

      0.94

      0.20


      FR

      And

      45.9

      90.9

      45.0

      0.50

      0.41

      0.03

      0.02

      0.96

      0.16


      FR

      Including

      65.9

      76.9

      11.0

      0.75

      0.52

      0.06

      0.01

      1.34

      0.27


      FR

      And

      95.9

      115.9

      20.0

      0.29

      0.42

      0.05

      0.01

      0.77

      0.02


      FR

      Including

      106.9

      107.9

      1.0

      1.66

      4.53

      0.61

      0.03

      6.84

      0.02


      FR

      DDH23LU155

      0.0

      7.0

      7.0

      0.15

      0.15

      0.01

      0.00

      0.32

      NA


      Ox

      And

      155.5

      160.5

      5.0

      0.19

      0.16

      0.02

      0.00

      0.38

      0.03


      FR

      And

      172.5

      177.5

      5.0

      0.16

      0.12

      0.02

      0.00

      0.30

      0.14


      FR

      And

      182.5

      183.5

      1.0

      0.88

      0.17

      0.04

      0.04

      1.12

      0.08


      FR

      And

      193.5

      196.5

      3.0

      0.33

      0.13

      0.02

      0.02

      0.49

      0.16


      FR

      And

      209.0

      209.8

      0.9

      0.68

      0.09

      0.09

      0.02

      0.88

      0.67


      FR

      And

      217.8

      228.8

      11.0

      0.39

      0.11

      0.02

      0.01

      0.54

      0.10


      FR

      And

      236.8

      240.8

      4.0

      0.35

      0.09

      0.01

      0.00

      0.46

      0.12


      FR

      And

      244.8

      248.8

      4.0

      0.71

      0.22

      0.06

      0.00

      0.99

      0.10


      FR

      And

      251.8

      254.8

      3.0

      0.22

      0.22

      0.01

      0.00

      0.46

      0.06


      FR

      And

      256.9

      263.6

      6.7

      1.06

      0.28

      0.02

      0.01

      1.37

      0.26


      FR

      Including

      258.7

      259.5

      0.9

      3.28

      0.46

      0.01

      0.01

      3.76

      1.15


      FR

      And

      267.6

      270.4

      2.7

      0.29

      0.15

      0.01

      0.09

      0.54

      0.05


      FR

      DDH23LU156

      40.2

      42.2

      2.0

      0.22

      0.09

      0.01

      0.01

      0.33

      0.19


      Ox/LS

      And

      75.0

      77.0

      2.0

      0.19

      0.11

      0.01

      0.10

      0.41

      0.05


      FR

      And

      92.5

      98.0

      5.6

      0.22

      0.13

      0.00

      0.05

      0.40

      0.06


      FR

      And

      113.0

      119.0

      6.0

      0.31

      0.19

      0.01

      0.01

      0.53

      0.13


      FR

      And

      119.0

      138.0

      19.0

      0.77

      0.49

      0.07

      0.02

      1.35

      0.16


      FR

      And

      142.0

      154.0

      12.0

      0.41

      0.22

      0.01

      0.02

      0.66

      0.04


      FR

      Including

      143.0

      145.0

      2.0

      0.64

      0.29

      0.02

      0.11

      1.05

      0.09


      FR

      DDH23LU157

      0.0

      2.6

      2.6

      0.43

      0.26

      0.01

      0.06

      0.76

      NA


      Ox

      And

      5.6

      18.4

      12.8

      0.79

      0.38

      0.03

      0.21

      1.42

      NA


      Ox

      And

      27.4

      40.0

      12.6

      0.37

      0.24

      0.01

      0.02

      0.64

      0.04


      Ox/LS

      And

      42.0

      53.0

      11.0

      0.66

      0.34

      0.04

      0.01

      1.06

      0.04


      FR

      And

      64.0

      66.7

      2.7

      0.10

      0.32

      0.07

      0.00

      0.49

      0.01


      FR

      DDH23LU158

      97.2

      101.2

      4.0

      0.44

      0.39

      0.00

      0.01

      0.84

      0.05


      FR

      And

      110.2

      113.2

      3.0

      1.54

      1.35

      0.11

      0.01

      3.01

      0.11


      FR

      And

      118.2

      121.2

      3.0

      0.27

      0.13

      0.01

      0.05

      0.46

      0.11


      FR

      And

      165.2

      174.2

      9.0

      1.76

      1.68

      0.03

      0.03

      3.49

      0.08


      FR

      Including

      167.2

      169.2

      2.0

      4.42

      5.23

      0.03

      0.06

      9.75

      0.18


      FR

      And

      201.6

      204.4

      2.9

      0.86

      0.35

      0.01

      0.02

      1.24

      0.39


      FR

      DDH23LU159

      66.8

      68.8

      2.0

      0.29

      0.33

      0.04

      0.00

      0.67

      0.04


      FR

      And

      106.5

      115.2

      8.7

      0.08

      0.07

      0.01

      0.14

      0.31

      0.10


      FR

      And

      204.4

      209.3

      4.8

      0.26

      0.19

      0.01

      0.00

      0.46

      0.18


      FR

      Including

      204.4

      205.3

      0.9

      0.85

      0.20

      0.06

      0.01

      1.12

      0.56


      FR

      DDH23LU160

      15.8

      22.8

      7.0

      0.49

      0.15

      0.14

      0.05

      0.83

      NA


      Ox

      Including

      15.8

      17.8

      2.0

      0.92

      0.26

      0.26

      0.08

      1.53

      NA


      Ox

      And

      60.3

      65.4

      5.1

      0.76

      0.33

      0.01

      0.09

      1.18

      0.05


      FR

      DDH23LU161

      0.0

      3.5

      3.5

      0.25

      0.34

      0.03

      0.03

      0.64

      NA


      Ox

      And

      33.5

      34.4

      0.9

      0.79

      0.64

      0.11

      0.01

      1.55

      NA


      Ox/LS

      And

      86.1

      94.1

      8.0

      0.29

      0.23

      0.02

      0.01

      0.55

      0.15


      FR

      And

      103.1

      112.1

      9.0

      0.65

      0.69

      0.12

      0.01

      1.46

      0.09


      FR

      And

      120.1

      132.4

      12.3

      0.33

      0.25

      0.03

      0.01

      0.62

      0.05


      FR

      Including

      121.1

      125.1

      4.0

      0.58

      0.45

      0.06

      0.03

      1.12

      0.04


      FR

      And

      137.0

      138.0

      1.1

      1.15

      3.00

      0.07

      0.02

      4.24

      0.54


      FR

      DDH23LU162

      111.1

      115.0

      3.9

      0.84

      0.36

      0.05

      0.21

      1.45

      0.22


      FR

      And

      197.9

      199.9

      2.0

      0.63

      0.19

      0.04

      0.07

      0.93

      0.21


      FR

      And

      213.9

      215.9

      2.0

      0.47

      0.14

      0.08

      0.10

      0.78

      0.23


      FR

      And

      221.9

      222.8

      1.0

      1.40

      0.25

      0.08

      0.17

      1.89

      0.29


      FR

      And

      225.8

      229.8

      4.0

      0.24

      0.07

      0.01

      0.03

      0.35

      0.11


      FR

      And

      246.8

      289.8

      43.0

      1.70

      0.52

      0.08

      0.05

      2.34

      0.29


      FR

      Including

      270.8

      274.8

      4.0

      2.41

      0.71

      0.13

      0.14

      3.40

      0.44


      FR

      And

      293.8

      322.8

      29.0

      0.36

      0.26

      0.00

      0.01

      0.63

      0.02


      FR

      DDH23LU165

      99.4

      100.4

      1.0

      5.87

      2.50

      0.08

      0.14

      8.59

      0.77


      FR

      And

      183.4

      184.4

      1.0

      1.03

      0.58

      0.01

      0.02

      1.65

      0.09


      FR

      And

      196.3

      206.3

      10.0

      1.17

      0.44

      0.02

      0.22

      1.84

      0.26


      FR

      Including

      200.4

      204.6

      4.2

      1.77

      0.70

      0.02

      0.39

      2.87

      0.29


      FR

      And

      208.5

      212.7

      4.2

      0.32

      0.16

      0.00

      0.09

      0.57

      0.06


      FR

      And

      315.6

      317.6

      2.0

      0.20

      0.13

      0.00

      0.00

      0.33

      0.03


      FR

      DDH23LU166

      92.0

      93.0

      1.0

      1.12

      0.45

      0.00

      0.43

      2.00

      0.13


      FR

      And

      160.5

      165.5

      5.0

      2.53

      0.70

      0.14

      0.09

      3.45

      0.19


      FR

      Including

      160.5

      161.5

      1.0

      7.75

      1.90

      0.67

      0.14

      10.46

      0.14


      FR

      And

      172.5

      173.5

      1.0

      0.86

      0.31

      0.00

      0.03

      1.20

      0.13


      FR

      And

      267.4

      270.4

      3.0

      0.41

      0.24

      0.01

      0.10

      0.77

      0.09


      FR

      And

      271.4

      282.4

      11.0

      2.92

      1.47

      0.22

      0.42

      5.02

      0.27


      FR

      Including

      277.4

      281.4

      4.0

      4.31

      2.17

      0.31

      0.42

      7.21

      0.36


      FR

      And

      285.4

      286.4

      1.0

      1.18

      0.67

      0.07

      0.03

      1.96

      0.05


      FR

      DDH23LU167

      41.6

      44.8

      3.2

      0.20

      0.07

      0.00

      0.05

      0.32

      0.06


      FR

      And

      209.7

      251.7

      42.0

      0.77

      0.24

      0.04

      0.01

      1.05

      0.16


      FR

      Including

      249.7

      251.7

      2.0

      2.27

      0.64

      0.13

      0.02

      3.06

      0.17


      FR

      And

      265.7

      277.7

      12.0

      0.12

      0.21

      0.00

      0.00

      0.33

      0.01


      FR

      DDH23LU168

      77.6

      78.6

      1.0

      0.61

      0.50

      0.00

      0.12

      1.23

      0.08


      FR

      And

      155.3

      158.3

      3.0

      0.78

      0.39

      0.00

      0.15

      1.33

      0.16


      FR

      And

      253.7

      254.7

      1.0

      2.44

      0.19

      0.13

      0.12

      2.87

      0.20


      FR

      And

      260.7

      275.0

      14.3

      2.12

      0.96

      0.15

      0.05

      3.28

      0.13


      FR

      Including

      270.9

      274.0

      3.1

      4.89

      2.15

      0.33

      0.05

      7.43

      0.17


      FR

      DDH23LU169

      26.0

      34.1

      8.1

      0.28

      0.12

      0.00

      0.06

      0.46

      NA


      Ox/LS

      And

      38.0

      42.0

      4.0

      0.38

      0.15

      0.02

      0.07

      0.61

      0.13


      FR

      And

      145.7

      150.7

      5.0

      0.21

      0.12

      0.00

      0.01

      0.35

      0.17


      FR

      And

      158.7

      160.7

      2.0

      0.26

      0.17

      0.01

      0.02

      0.47

      0.05


      FR

      And

      162.7

      181.7

      19.0

      1.07

      0.54

      0.06

      0.03

      1.70

      0.13


      FR

      And

      189.7

      198.7

      9.0

      0.92

      0.37

      0.07

      0.02

      1.37

      0.06


      FR

      And

      224.7

      227.7

      3.0

      0.19

      0.46

      0.00

      0.01

      0.65

      0.01


      FR

      DDH23LU170

      116.4

      119.4

      3.0

      0.43

      0.17

      0.00

      0.09

      0.69

      0.02


      FR

      And

      190.6

      192.6

      2.0

      0.69

      0.36

      0.04

      0.15

      1.24

      0.13


      FR

      And

      220.0

      232.0

      12.0

      0.20

      0.10

      0.01

      0.10

      0.41

      0.09


      FR

      And

      240.0

      244.0

      4.0

      0.20

      0.09

      0.00

      0.01

      0.31

      0.20


      FR

      And

      249.0

      288.0

      39.0

      0.60

      0.34

      0.05

      0.02

      1.01

      0.10


      FR

      Including

      254.0

      255.0

      1.0

      3.25

      1.84

      0.31

      0.08

      5.48

      0.20


      FR

      And

      290.0

      294.0

      4.0

      0.16

      0.14

      0.02

      0.04

      0.37

      0.03


      FR

      DDH23LU184

      59.1

      62.3

      3.2

      1.54

      0.55

      0.59

      0.19

      2.86

      1.81

      0.18

      FR

      Notes: 

      All 'From', 'To' depths, and 'Thicknesses' are downhole. 'NA' Not applicable for Oxide material.


      Given the orientation of the hole and the mineralization, the intercepts are estimated to 110% to 120% of true thickness.


      Type: Ox = Oxide. LS = Low Sulphur. FR = Fresh Rock. Recovery methods and results will differ based on the type of mineralization.


      * Bravo's nickel grades are sulphide nickel, and do not include non-recoverable silicate nickel, unlike historical total nickel assays



      About Bravo Mining Corp.

      Bravo is a Canada and Brazil-based mineral exploration and development company focused on advancing its Luanga PGM+Au+Ni Project in the world-class Carajás Mineral Province of Brazil.

      The Luanga Project benefits from being in a location close to operating mines, with excellent access and proximity to existing infrastructure, including road, rail and clean and renewable hydro grid power. The project area was previously de-forested for agricultural grazing land. Bravo's current Environmental, Social and Governance activities includes replanting trees in the project area, hiring and contracting locally, and ensuring protection of the environment during its exploration activities.

      Technical Disclosure

      Technical information in this news release has been reviewed and approved by Simon Mottram, F.AusIMM (Fellow Australia Institute of Mining and Metallurgy), President of Bravo Mining Corp. who serves as the Company's "qualified person" as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). Mr. Mottram has verified the technical data and opinions contained in this news release.

      Forward Looking Statements

      This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as "compare well", "elevated", "anticipated", "future results", "continue", "potential", "Successful", "interpretation", "anomalies", variants of these words and other similar words, phrases, or statements that certain events or conditions "may" or "will" occur. This news release contains forward-looking information pertaining to the Company's ongoing drill program and the results thereof including the potential for additional massive Ni sulphides in the Southwest Sector; elevated Ni sulphide grades and the interpretation of a single main mineralized zone in the Central Sector; the comparisons to historical and prior Bravo drilling; the preliminary results of airborne geophysical surveys and whether any preliminary or future interpretations of anomalies are related to mineralization; the potential for extensions to mineralization at depth; and the Company's plans in respect thereof. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, unexpected results from exploration programs, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage; and other risks and uncertainties involved in the mineral exploration and development industry. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including, but not limited to, the assumption that the assay results confirm that the interpreted mineralization contains significant values of nickel, PGMs and Au; that the mineralization remains open to depth, that Ni grades are improving to depth, that final drill and assay results will be in line with management's expectations; that activities will not be adversely disrupted or impeded by regulatory, political, community, economic, environmental and/or healthy and safety risks; that the Luanga Project will not be materially affected by potential supply chain disruptions; and general business and economic conditions will not change in a materially adverse manner. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws.

      Schedule 1: Drill Hole Collar Details

      HOLE-ID

      Company

      East (m)

      North (m)

      RL (m)

      Datum

      Depth
      (m)

      Azimuth

      Dip

      Sector

      DDH23LU139

      Bravo

      658725.03

      9340635.25

      266.359

      SIRGAS2000_UTM_22S

      400.70

      330.00

      -60.00

      Central

      DDH23LU150

      Bravo

      657499.98

      9339905.24

      250.796

      SIRGAS2000_UTM_22S

      150.30

      360.00

      -60.00

      Southwest

      DDH23LU151

      Bravo

      657650.02

      9340029.96

      256.346

      SIRGAS2000_UTM_22S

      90.10

      360.00

      -60.00

      Southwest

      DDH23LU152

      Bravo

      659223.88

      9341072.66

      235.704

      SIRGAS2000_UTM_22S

      190.15

      330.00

      -60.00

      Central

      DDH23LU153

      Bravo

      657699.98

      9339978.32

      247.172

      SIRGAS2000_UTM_22S

      150.55

      360.00

      -60.00

      Southwest

      DDH23LU154

      Bravo

      659344.58

      9341263.65

      226.070

      SIRGAS2000_UTM_22S

      180.05

      330.00

      -60.00

      Central

      DDH23LU155

      Bravo

      659795.44

      9342323.98

      246.892

      SIRGAS2000_UTM_22S

      270.35

      90.00

      -60.00

      North

      DDH23LU156

      Bravo

      659338.78

      9341173.62

      223.241

      SIRGAS2000_UTM_22S

      200.60

      330.00

      -60.00

      Central

      DDH23LU157

      Bravo

      659360.14

      9341336.69

      237.192

      SIRGAS2000_UTM_22S

      100.70

      330.00

      -60.00

      Central

      DDH23LU158

      Bravo

      659851.48

      9342323.99

      244.869

      SIRGAS2000_UTM_22S

      222.20

      90.00

      -60.00

      North

      DDH23LU159

      Bravo

      660000.82

      9342023.91

      280.397

      SIRGAS2000_UTM_22S

      240.35

      90.00

      -60.00

      North

      DDH23LU160

      Bravo

      660114.48

      9342123.96

      291.559

      SIRGAS2000_UTM_22S

      140.70

      90.00

      -60.00

      North

      DDH23LU161

      Bravo

      659996.02

      9342274.04

      263.497

      SIRGAS2000_UTM_22S

      150.10

      90.00

      -60.00

      North

      DDH23LU162

      Bravo

      658410.92

      9340380.15

      266.337

      SIRGAS2000_UTM_22S

      340.00

      330.00

      -60.00

      Southwest

      DDH23LU165

      Bravo

      658971.95

      9340803.93

      264.476

      SIRGAS2000_UTM_22S

      320.10

      330.00

      -60.00

      Central

      DDH23LU166

      Bravo

      659250.55

      9340922.83

      232.281

      SIRGAS2000_UTM_22S

      340.50

      330.00

      -60.00

      Central

      DDH23LU167

      Bravo

      658320.98

      9340329.91

      255.976

      SIRGAS2000_UTM_22S

      320.45

      330.00

      -60.00

      Central

      DDH23LU168

      Bravo

      658869.53

      9340773.56

      259.490

      SIRGAS2000_UTM_22S

      300.50

      330.00

      -60.00

      Central

      DDH23LU169

      Bravo

      659362.42

      9341127.69

      222.497

      SIRGAS2000_UTM_22S

      241.05

      330.00

      -60.00

      Central

      DDH23LU170

      Bravo

      659577.06

      9341164.24

      201.184

      SIRGAS2000_UTM_22S

      300.25

      330.00

      -60.00

      Central

      DDH23LU184

      Bravo

      657300.01

      9339726.05

      242.893

      SIRGAS2000_UTM_22S

      200.45

      360.00

      -60.00

      Southwest


      Schedule 2: Assay Methodologies and QAQC

      Samples follow a chain of custody between collection, processing, and delivery to the SGS laboratory in Parauapebas, state of Pará, Brazil. The drill core is delivered to the core shack at Bravo's Luanga site facilities and processed by geologists who insert certified reference materials, blanks, and duplicates into the sampling sequence. Drill core is half cut and placed in secured polyurethane bags, then in security-sealed sacks before being delivered directly from the Luanga site facilities to the Parauapebas SGS laboratory by Bravo staff. Additional information about the methodology can be found on the SGS Geosol website (SGS) in their analytical guides. Information regarding preparation and analysis of historic drill core is also presented in the table below, where the information is known.

      Quality Assurance and Quality Control ("QAQC") is maintained internally at the lab through rigorous use of internal certified reference materials, blanks, and duplicates. An additional QAQC program is administered by Bravo using certified reference materials, duplicate samples and blank samples that are blindly inserted into the sample batch. If a QAQC sample returns an unacceptable value an investigation into the results is triggered and when deemed necessary, the samples that were tested in the batch with the failed QAQC sample are re-tested.

      Bravo SGS Geosol

      Preparation

      Method

      Method

      Method

      Method

      For All Elements

      Pt, Pd, Au

      Rh

      Sulphide Ni, Cu

      Trace Elements

      PRPCLI (85% at 200#)

      FAI515

      FAI30V

      AA04B

      ICP40B

      SOURCE Bravo Mining Corp.

      For further information about Bravo, please visit www.bravomining.com or contact: Alex Penha, EVP Corporate Development, [email protected]

      Modal title

      Organization Profile

      Bravo Mining Corp.

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      • Bravo Expands Copper-Gold Footprint in Carajás, Brazil

      • Bravo Announces Appointment of KPMG Brazil as Auditor

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