Bravo Mining Expands Luanga Mineralization with High-Grade Drill Results
Event summary
- Bravo Mining intercepted 51m at 3.7 g/t PGM+Au + 0.33% Ni, including 23m at 5.6 g/t PGM+Au + 0.44% Ni at its Luanga deposit in Brazil.
- Drilling extended mineralization from approximately 200m to approaching 300m below surface in the Central Sector.
- The company commenced a 50-line km Cu-Au induced polarization (IP) geophysical program across numerous targets at Luanga.
- Results demonstrate a continuing trend of deeper drilling encountering similar or greater mineralized thicknesses with higher PGM+Au grades.
The big picture
Bravo Mining's latest drill results underscore the strategic importance of its Luanga project in Brazil's Carajás Mineral Province. The consistent improvement in grades and thicknesses with depth positions Bravo to potentially expand its mineral resource base significantly. This development comes at a time when demand for PGMs and nickel remains robust, driven by industrial applications and the transition to cleaner energy technologies.
What we're watching
- Resource Upgrade Potential
- Whether the current infill and extensional drilling will successfully upgrade existing mineral resources from Inferred to Indicated categories.
- Depth Extension Success
- The pace at which Bravo Mining can extend mineralization deeper, potentially approaching 300m below surface in the Central Sector.
- Cu-Au Exploration Outcomes
- How the results of the Cu-Au focused IP geophysical survey will impact future exploration and potential economic outcomes at Luanga.
Related topics
