Bravo Mining Launches 28,000m Drilling Campaign to Expand Luanga PGM Deposit
Event summary
- Bravo Mining commenced its 2026 field season with 28,000m of drilling at the Luanga PGM+Au+Ni deposit in Brazil's Carajás Mineral Province.
- Three drill rigs focus on infill (22,000m) and extensional drilling to upgrade resources and test for expansion, while a fourth rig targets new regional prospects and deep targets.
- Six priority exploration targets were identified through independent technical reviews by Dr. Nigel Brand and Grant 'Rocky' Osborne.
- The program supports the ongoing Pre-Feasibility Study due in Q3 2026 and includes a substantial geophysical component.
The big picture
Bravo Mining's aggressive 2026 drilling campaign reflects growing confidence in the Luanga deposit's expansion potential. The parallel exploration and resource conversion efforts aim to de-risk the project while capitalizing on the Carajás Mineral Province's proven productivity. The structured technical approach, backed by independent experts, positions Bravo to potentially unlock additional value beyond the current resource footprint.
What we're watching
- Resource Conversion
- Whether the infill drilling successfully upgrades Inferred resources to Measured and Indicated categories, strengthening the PFS.
- Exploration Potential
- The pace at which new regional and deep targets yield positive results, potentially expanding the Luanga mineral system.
- PFS Timeline
- How the drilling results impact the Q3 2026 Pre-Feasibility Study, particularly the potential for resource growth within open-pit parameters.
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