Investing in Critical Metals in 2023

Bravo Mining Corp. (TSX-V: BRVO)(OTC: BRVMF) — currently trading around C$3.35 per share — has commenced Phase-2 drilling at its flagship, 100%-owned Luanga PGM+Gold+Nickel+Rhodium Project in the world-class Carajás Mineral Province in northern Brazil.

Investing in Critical Metals in 2023.

The Phase-2 program — slated for 21,500 meters — will focus on both extensional and exploration drilling. 

Extensional drilling will aim to expand known zones of PGM+Au+Ni mineralization at depth and below the ~150 meters of vertical depth as previously defined by historical drilling and through Bravo’s recently completed Phase-1 program.

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Exploration drilling will target newly identified higher-grade magmatic nickel sulphide mineralization within the Luanga footwall (below the historically defined PGM+Au mineralization), new targets outside of the known mineralized zone, plus potential feeder zones to the main Luanga resource. 

Bravo Mining chairman & CEO Luis Azevedo commented via press release:

“We are pleased to report the completion of the Phase 1 program, and the encouraging results thereof, while advancing both maiden mineral resource estimate ("MRE") and metallurgical testwork programs. The commencement of Phase 2 marks a significant milestone in Bravo's progress after only eight months since listing on the TSXV. Starting in the Central Sector, where thicker mineralized areas have been consistently encountered at depth, Phase 2 was initiated with extensional drilling below known mineralization and where we have also observed increasing levels of magmatic nickel sulphides associated with PGM+Au, albeit at an early stage of interpretation. Drilling will also be testing through the basal ultramafics, where most of the higher-grade magmatic nickel sulphides have been intersected to date, and significantly higher rhodium to palladium ratios have been identified, indicating the possibility of new styles of mineralization and a potential vector towards higher-grade nickel sulphide zones.”

The tier-one-potential Luanga project — which has been designated by the Brazilian government as a Strategic Minerals Project — boasts a 5.7-million-ounce historic resource estimate [142 Mt 1.24 g/t Pd+Pt+Au & 0.11% Ni] done by Vale — one of the largest iron ore and nickel producers in the world.

To date, a total of 165 drill holes (30 thus far in 2023) for more than 28,000 meters have been completed by the Bravo team; results have been reported for 112 holes with assays due for another forty-plus holes. 

Importantly, Bravo is exceptionally well-funded to complete its 2023 field program at Luanga wherein speculators can anticipate a steady stream of drilling updates and assay releases over the coming quarters. 

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Our own Gerardo Del Real of Junior Resource Monthly caught up with Bravo Mining president Simon Mottram for an in-depth look at the current drilling focus at Luanga, including the very exciting prospect of vectoring in on a potential nickel-copper sulphide feeder zone beneath the main Luanga resource.

Please enjoy! 

For more information on Bravo Mining, please email the company’s IR department at Sign up to receive updates directly from the company here.

Mike Fagan

Mike Fagan
Editor, Resource Stock Digest