Announcement Date: 2022-09-27
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Bravo Mining Corp.
Project name: Luanga
Location: Brazil
Commodities: Gold,Palladium,Platinum,Rhodium
Highlight: Drilling results incl. 16m at 5.78g/t Pd, 2.79g/t Pt, 0.35g/t Rh, 0.47g/t Au from 3.0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: VANCOUVER, September 27, 2022 – Bravo Mining Corp. (TSX.V: BRVO), (“Bravo” or the “Company”) today announced that it has received results from the re-analysis of samples from an additional eight historic diamond drill holes (“DDH”) from its wholly owned Luanga palladium + platinum + rhodium + gold + nickel project (“Luanga” or “Luanga PGM+Au+Ni”), located in the Carajás Mineral Province, state of Pará, Brazil. A comparison of the historic intercepts with the Bravo re-assay results is tabulated below, with a plan showing their locations and drill sections provided for (PPT-LUAN-) FD0035, FD0053, and FD0071. Bravo’s re-assay results continue to closely correlate to the historic intercepts, in both thicknesses and grade. Importantly, the grade of the re-assayed intercepts exceeds that of the historic intercept over comparable thicknesses in over 80% of the intercepts re-assayed to date. This is most likely related to improved assay methods for PGMs versus those available over 20 years ago. The Phase 1 diamond drill program continues as planned at Luanga. Six drill rigs are on site, with drilling progressing in various locations along the entire 7km strike length of the known Luanga mineralized envelope (as defined by historic drilling). To date, 77 drill holes have been completed, for a total of 13,051 metres of the planned 25,500 metre Phase 1 drill program.
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