Bravo Mining Uncovers High-Grade Gold and Copper in Luanga North Sector

Event summary

  • Bravo Mining reported assay results from seven trenches in the North Sector of its Luanga PGM+Au+Ni deposit, showing higher gold grades and associated copper.
  • Trench TRC25LU055 highlighted 151m at 3.6 g/t PGM+Au (including 43m at 8.3 g/t PGM+Au) and 0.16% Cu (including 0.21% Cu).
  • The findings suggest potential later-stage Iron Oxide Copper Gold-style (IOCG) mineralization overprinting the PGM mineralization.
  • Bravo has completed 387 drill holes (80,977 metres) and 58 trenches (10,901 metres) to date, with results pending for 32 drill holes and 6 trenches.

The big picture

Bravo Mining's findings in the North Sector of the Luanga deposit highlight the potential for higher-grade mineralization and the presence of copper, which could expand the economic viability of the project. The results align with Bravo's broader strategy of advancing its dedicated copper-gold exploration division, reflecting a shift towards diversifying its mineral portfolio beyond PGMs. The Carajás Mineral Province remains a hotspot for mineral exploration, with Bravo positioning itself as one of the most active explorers in the region.

What we're watching

Resource Expansion
Whether Bravo can sustain the higher-grade zones observed in trenching across the broader Luanga deposit.
Mineralization Model
How the emerging copper-gold association will impact Bravo's geological model and exploration strategy.
Economic Viability
The pace at which Bravo can advance the economic potential of the saprolite material given the anticipated simpler recovery of gold versus PGMs.

Related topics

Mining Gold Copper