Announcement Date: 2023-08-15
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Bravo Mining Corp.
Project name: Luanga
Location: Brazil
Commodities: Gold,Palladium,Platinum,Rhodium,Nickel
Highlight: Drilling results incl. 54.20m at 2.33g/t Pd, 0.7g/t Pt, 0.14g/t Rh, 0.13g/t Au, 0.22% Ni from 280.50m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: VANCOUVER, August 15, 2023 – Bravo Mining Corp. (TSX.V: BRVO, OTCQX: BRVMF), (“Bravo” or the “Company”) announced that it has received assay results from fifteen diamond drill holes (“DDH”) from the Southwest and Central 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 are all from Bravo’s Phase 2 Program that is successfully targeting potential extensions to mineralization down to approximately twice the depth of both historical and Bravo’s Phase 1 drilling. “The Phase 2 drill program continues to successfully define PGM+Au+Ni mineralization at depth from 150m to ~330m below surface. DDH23LU175 demonstrates consistent thicknesses and grades at these depths, suggesting potential for significant zones of higher-grade mineralization that could be amenable to open pit and/or underground exploitation in the future,” said Luis Azevedo, Chairman and CEO of Bravo. “Central Sector Drilling (DDH23LU163 and DDH23LU164) continues to intercept narrow zones of magmatic nickel sulphide mineralization supporting Luanga’s nickel sulphide exploration potential. With final HeliTEM survey and ground geophysics (magnetics and micro-gravity) data interpretation expected to be completed soon, our upcoming exploration drilling efforts will be directed towards targets pinpointed by these surveys, commencing soon.”
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