Bravo's Trenching Extends Central Sector Oxide Mineralization

In This Article:

Highlights include 39.6m at 5.41g/t PGM+Au, 51.3m at 3.12g/t PGM+Au and 52.0m at 2.23g/t PGM+Au

VANCOUVER, BC, Aug. 13, 2024 /CNW/ - Bravo Mining Corp. (TSXV: BRVO) (OTCQX: BRVMF), ("Bravo" or the "Company") has received assay results from seven trenches in the Central Sector at its 100% owned Luanga palladium + platinum + rhodium + gold + nickel deposit ("Luanga deposit" or "Luanga PGM+Au+Ni deposit"), located in the Carajás Mineral Province, state of Pará, Brazil.

"Bravo's trenching program continues to return excellent results, with grades higher than the average oxide grades reported in the Mineral Resource Estimate ("MRE"). In addition, the greater lateral extent of oxide PGM+Au mineralization at surface is likely to increase the volume of oxide material," said Luis Azevedo, Chairman and CEO of Bravo. "Furthermore, it is encouraging to see that trenching results from the Central Sector continue to follow the trend observed in the North Sector, with broad lateral distribution at surface, combined with supergene enrichment. With trenching now completed across more than half of the Luanga deposit, results continue to outperform expectations."

Highlights Include:

  • Results from the Central Sector trenches continue to demonstrate the broader lateral extent of surface oxide mineralization in comparison to the zones of primary (fresh rock) mineralization observed in drilling below the trenches (including 52m wide in TRC24LU007 and 51m wide in TRC24LU008).

  • Results continue to confirm the presence of supergene enrichment in the saprolite zone (above the base of oxidation), encountering grades that are generally higher than MRE average grades for oxide mineralization.

  • Grades in trenches further corroborate or improve upon intersections encountered by drilling in the underlying fresh rock, while higher-grade zones within trenches, such as TRC24LU001 (39.6m at 5.41g/t PGM+Au) also validate or surpass the high-grade intersections encountered by prior drilling.

  • Results to date suggest more tonnes of oxide at higher grades, assuming similar cut-off grades to prior estimates.

  • Trenching is planned to cover the entire 8.1km strike length of the Luanga deposit and, with work nearly complete in the Central Sector, only the Southwest Sector and a small portion of the North Sector remains.

  • Outside of the main PGM+Au+Ni deposit, the project remains prospective for Cu+Au+/-Ni discoveries with drilling in progress at T5 and T6. This will be followed by drilling at new HeliTEM targets.