Bravo Mining Strikes High-Grade Magmatic Sulphide Mineralization at Luanga
Event summary
- Bravo Mining intercepted high-grade magmatic sulphide Ni/Cu-PGM mineralization at the Babylon target area adjacent to its Luanga deposit in Brazil.
- Drill hole DDH26LU347 yielded 13.4m @ 1.55% Ni, 0.33% Cu, and 2.02 g/t PGM+Au, including 6.7m @ 2.25% Ni, 0.55% Cu, and 3.14 g/t PGM+Au.
- The company also identified a separate 6.0m interval grading 6.81 g/t PGM+Au with low sulphide values.
- Deep IP survey results suggest potential for deeper mineralization extensions at the Babylon target.
The big picture
Bravo Mining's discovery of high-grade magmatic sulphide mineralization at its Luanga project reinforces the potential for significant resource expansion in Brazil's Carajás Mineral Province. The find comes as the company continues its aggressive exploration program, which includes both PGM+Au+Ni and Cu+Au targets. The strategic importance lies in the potential to add high-value nickel and copper resources to an already promising PGM deposit, enhancing the project's overall economic viability.
What we're watching
- Resource Expansion
- Whether Bravo can expand the high-grade mineralization zone at the Babylon target and potentially increase the overall resource base of the Luanga deposit.
- Geophysical Interpretation
- How the integration of IP, EM, and drilling data will guide future exploration and drilling programs at the Babylon target.
- Metallurgical Testing
- The pace at which Bravo can conduct metallurgical testing to determine the recoverability of the newly discovered magmatic sulphide mineralization.
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