Intercepts Of Shallow PGMs And Magmatic Ni Sulfides At Luanga

VANCOUVER - Bravo Mining Corp. has received assay results from a further nineteen infill diamond drill holes (DDH) from the Luanga palladium + platinum + rhodium + gold + nickel project (Luanga PGM+Au+Ni Project), located in the Carajas Mineral Province, state of Para, Brazil.

"Recent assay results from infill drilling at Luanga continue to consistently enhance our understanding of the historical data. In the Southwest Sector, DDH22LU116 intersected the thickest known interval of continuous PGM+Au mineralization (in that sector)," said Luis Azevedo, Chairman and CEO. "Further trenching is planned in the Southwest Sector to determine whether there is an increase in grade and thickness at surface, similar to what we observed in trenching the Central Sector. Meanwhile, results from drilling of the Central Sector continue to show mineralization dominated by a single thick zone, with higher-than-expected nickel concentrations as drilling continues to advance at depth. We look forward to further testing the potential for mineralization at depth with the Phase 2 drill program, and in particular the commencement of the HeliTEM survey designed to cover the whole area of the Luanga Project."

Highlights Include: DDH22LU116 intersected the thickest known interval of continuous mineralization to date in the Southwest Sector, and where mineralization was previously interpreted to narrow; Drilling continues to intercept magmatic nickel sulfides at depth, especially in the Central Sector where results from Bravo's drilling outperforms historical shallower drilling results; Assay results continue to compare well with intercepts in historic drilling on nearby drill sections, both in tenor and mineralized thickness, and to previously reported results from Bravo drilling on the same drill sections; The Phase 2 drilling program commenced in the Central Sector, systematically targeting extensions to Luanga mineralization at depth; and HeliTEM (airborne electromagnetics (EM)) over the whole area of the Luanga project is scheduled.