Bravo Mining Intercepts High-Grade Magmatic Sulphide Ni/Cu-PGM Mineralization
Event summary
- Bravo Mining intercepted high-grade magmatic sulphide Ni/Cu-PGM mineralization at the Babylon target adjacent to its Luanga deposit in Brazil.
- Drill hole DDH26LU330 yielded 5m @ 1.28 g/t PGM+Au, 1.0% Ni, and 0.37% Cu, including 2.7m @ 2.11 g/t PGM+Au, 1.75% Ni, and 0.68% Cu.
- The mineralization is distinguished by higher Ni and Cu grades compared to the Luanga PGM+Au+Ni mineral resource.
- Bravo plans Bore Hole Electromagnetic (BHEM) surveying to assist in further follow-up drilling.
The big picture
Bravo Mining's discovery of high-grade magmatic sulphide Ni/Cu-PGM mineralization at the Babylon target expands its pipeline of exploration prospects beyond the Luanga PGM+Au+Ni deposit. This discovery strengthens the potential for economically significant Ni/Cu (+/- PGM) mineralization associated with substantial sulphide volumes across multiple zones. The company's ongoing exploration activities, including a 50km IP survey program, aim to identify additional high-potential targets within the Carajás Mineral Province.
What we're watching
- Resource Expansion
- Whether Bravo can expand the high-grade magmatic sulphide Ni/Cu-PGM mineralization across multiple zones.
- Processing Feasibility
- The potential for processing magmatic sulphides in the same flotation plant as the PGM+Au+Ni sulphides.
- Exploration Success
- The pace at which Bravo's fully funded Cu/Au-focused exploration activities will yield significant results.
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