Lung Measured And Indicated Resources Total 158 Million Tons

VANCOUVER - Bravo Mining Corp. announced the 2025 Mineral Resource Estimate (MRE) for the Luanga palladium + platinum + rhodium + gold + nickel deposit located in the Carajás Mineral Province, Pará State, Brazil. The 2025 MRE shows substantial improvements over the previously reported 2023 MRE using the same metal prices and similar other assumptions.

Highlights of Bravo's 2025 MRE at a 0.50 g/t PdEq1 cut-off grade: 1) 154% increase in Measured + Indicated contained PdEq1 ounces. 2) 117% increase in Measured + Indicated tonnes. 3) 17% increase in Measured + Indicated PdEq1 grades. 4) 34% increase in Inferred PdEq1 grade. 5) Measured & Indicated Resources now make up 67% of total resources.?Measured + Indicated resources total 158 million tonnes (Mt) grading 2.04 grams per tonne (g/t) PdEq1, for a total of 10.4 Moz of PdEq1 contained. The MRE introduces Measured mineral resource for the first time. The combined Measured + Indicated tonnes have improved by 117% as compared to the Indicated tonnes in the 2023 MRE, while grade has improved by 17%, resulting in a 154% increase in contained PdEq1 ounces. Inferred Resources of 78 Mt grading 2.01 g/t PdEq1 for 5.0 Moz PdEq1.?Tonnes of Inferred resources decreased, as most of previous Inferred tonnages were reclassified to higher-confidence categories while new Inferred resources were added beyond the limits of the prior MRE, and grades improved by 34% in the Inferred category. Measured & Indicated Resources now make up 67% of total MRE, a significant improvement from the 2023 MRE where 38% of the mineral resource was in the Indicated category. Relative percentages of each metal by PdEq1 value contribution to the MRE, are estimated at: 47% Pd, 25% Pt, 13% Rh, 13% sulphide Ni, and 2% Au. 2025 MRE outcome was achieved using the same metal prices as the prior MRE, somewhat more conservative metallurgical recoveries and otherwise similar modifying factors. The MRE remains open at depth along the 8.1km strike of the deposit, with many of the areas below current drilling depths are considered l within potential open pit extraction depths.

"The delivery of our 2025 MRE update is a significant achievement by our team. We have exceeded our own expectations for resource growth in declared tonnes, grade and contained metal, with a considerable increase to the confidence levels in resource categories.

Luis Azevedo, Chairman and CEO, said, “The 2025 MRE firmly establishes our Luanga Project as one of the few large-scale, multi-million-ounce, open-pit PGM deposits available globally, in mining friendly, geopolitically favourable locations. Centrally located in the Americas and within reach of major PGM consumers, Luanga also stands out for having access to all essential infrastructure for mining development and operations, including access to cost-efficient renewable power, highways, rail, ports and a skilled mining workforce. With strong community support, as evident in our successful recent public hearing for the permitting process, Bravo Mining is well positioned for continued success, complemented by our continuing copper exploration."