Categories: Precious Metals
Topics: General Precious Metals

This Small-Cap Miner is Finding Critical Metals All Across Its Massive Property

Bravo Mining Corp. (TSX-V: BRVO)(OTC: BRVMF) — currently trading around C$3 per share — has announced the lateral extension of oxide PGM+Au through trenching at its flagship, 100%-owned Luanga PGM+Gold+Nickel+Rhodium project in the world-class Carajás Mineral Province in northern Brazil. 

The company’s extensive trenching program, which commenced in the Southwest Sector in 2022, continues to produce significant growth in the extent of shallow mineralization in the North Sector with plans to continue the program along the entire 8.1 km strike length of the Luanga deposit. 

This Small-Cap Miner is Finding Critical Metals All Across Its Massive Property

Highlights from the most recent trenching results from the North Sector include:

  • 79 meters at 3.65 grams per tonne (g/t) PGM+Au 
    • including 22 meters at 9.40 g/t PGM+Au
  • 125 meters at 2.30 g/t PGM+Au
  • 175 meters at 1.71 g/t PGM+Au
    • including 30 meters at 3.47g/t PGM+Au
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Bravo Mining CEO Luis Azevedo commented via press release:

“Our trenching program continues to yield outstanding results and highlights the lateral extension of Oxide PGM+Au mineralization at surface, now observed in both the North and Southwest Sectors. Results show the potential for increased volume and improved average grades in the oxide zone, which are expected to have a positive impact on the oxide component of the forthcoming Mineral Resource Estimate. Furthermore, the assay grades returned within the trenches are consistently higher than the assay grades in the nearest drill holes located below the trenches. This supports our interpretation of supergene enrichment occurring in the near-surface oxide zone.”

Results from the ongoing program will be aimed at improving the interpretation of mineralization at surface for the pending Mineral Resource Estimate due in Q4 2023.

The company reports potential for further extension of near-surface mineralization in the North Sector with, as just one example, Trench No. TRC23LU022 (see below; fourth trench from left) finishing in the highest-grade mineralization at both ends.

The company reports potential for further extension of near-surface mineralization in the North Sector with, as just one example, Trench No. TRC23LU022.

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In addition to the ongoing trenching program, Bravo recently announced the delineation of 17 priority exploration drill targets resulting from its highly successful HeliTEM survey across the entire 7,800-hectare (78 sq km) Luanga property. Two additional drill rigs have been brought onsite specifically for the purpose of testing those 17 new targets. 

And as we’ve been reporting in our coverage, Bravo’s ongoing Phase-2, 4-rig drill program continues to successfully target the continuation of PGM+Au+Ni mineralization to ~300 meters below surface — around twice the depth of Bravo’s earlier Phase-1 program as well as compared to historical drilling performed by Vale. 

To get all the skinny, our own Gerardo Del Real of Junior Resource Monthly caught up with Bravo Mining president Simon Mottram for a firsthand look at all the exciting progress at Luanga. Please enjoy!

Be sure to also sign up to receive updates directly from Bravo here. For more information on Bravo Mining Corp., please be encouraged to email the company’s IR department at info@bravomining.com.

Mike Fagan

Mike Fagan
Editor, Resource Stock Digest