Mr. Luis Azevedo reports

BRAVO'S LUANGA PGM+AU+NI DEPOSIT CONTINUES TO DELIVER SIGNIFICANT MINERALIZED GRADES & THICKNESSES

Bravo Mining Corp. has received assay results from 25 diamond drill holes (DDH) from its 100-per-cent-owned Luanga palladium-plus-platinum-plus-rhodium-plus-gold-plus-nickel deposit (platinum-group-metal-plus-gold-plus-nickel (PGM-plus-Au-plus-Ni) deposit), located in the Carajas mineral province, state of Para, Brazil.

"Today's drilling results mark another step forward as Bravo progresses towards completing the 2024 PGM definition drilling program to support future MRE updates. These results continue to intercept high grades over thick intersections, including those in the oxide and low sulphide zones that have high platinum to palladium ratios," said Luis Azevedo, chairman and chief executive officer. "The Luanga project's consistent delivery of robust results and advancements across various potential development tracks solidify its position as a leading candidate to become a major new Western supplier of these essential metals through market cycles and away from sources affected by geopolitical risks and deep operational challenges. The project's potential benefits from the substantial infrastructure of the Carajas district, including cost-effective hydro power, as well as ready access to power lines, highways, rail, water, labour and suppliers."

Highlights include:

• Infill and extensional drilling in the central sector continue to reveal improved mineralized grades and thicknesses as compared with previous 100-metre-spaced sections.
• Much of the mineralization intersected in the new drilling lies within 150 metres of surface and remains open for further extension to depth.
• Drilling in the northern sector of the Luanga deposit continues to demonstrate high-grade supergene mineralization in the oxide zone (21 metres at 9.34 grams per tonne (g/t) PGM plus Au in DDH24LU264) and wide zones of mineralization in the fresh rock (116 metres at 1.59 g/t PGM plus Au in DDH24LU266).
• Drilling at T5 target continues to extend mineralization eastward. Testing of the bore hole electromagnetic (BHEM) anomaly at T1 will commence soon, as well as drill testing of a new copper/gold target west of T5.

Luanga drilling update

Results from 25 diamond drill holes have been received, eight from the northern sector and 17 from the central sector of the Luanga PGM-plus-Au-plus-Ni deposit. All the drill holes reported herein are angled holes (minus 60 degrees), toward an azimuth of 90 degrees in the northern sector and 330 degrees in the central sector. Together, this set of drill holes comprise a total of 4,994.6 metres of diamond drilling.

HeliTEM (helicopter-borne electromagnetic (EM)) and copper/gold exploration update

Exploration is progressing on both BHEM targets and HeliTEM targets. Drilling continues at T5, the previously reported massive sulphide copper-nickel (Cu-Ni) discovery (see news release dated May 28, 2024), expanding mineralization to the east. Drilling to follow up BHEM at T1 will commence soon, along with drill testing of a new copper target located west of T5.

Drill results status update

A total of 338 drill holes have been completed by Bravo to date, for 72,006 metres, including eight metallurgical holes (not subject to routine assaying). Results have been reported for 297 Bravo drill holes to date. Assay results for 33 Bravo drill holes that have been completed are currently outstanding (excluding the metallurgical holes). A total of 42 trenches have been completed to date (for 8,317 metres), with results for 37 trenches reported and results for five trenches pending.

About Bravo Mining Corp.

Bravo is a Canadian- and Brazil-based mineral exploration and development company focused on advancing its Luanga PGM-plus-Au-plus-Ni Project in the world-class Carajas mineral province of Brazil.

The Luanga project is situated on mature freehold farming land and benefits from being in a location close to operating mines and a mining-experienced work force, with excellent access and proximity to existing infrastructure, including road, rail and clean renewable hydro grid power. A fully financed plus-70,000 infill, stepout and exploration drilling and trenching program is well advanced for 2024. Bravo's current environmental, social and governance activities include planting more than 30,000 high-value trees in the project area, hiring and contracting locally, and ensuring protection of the environment during its exploration activities.

Technical disclosure

Technical information in this news release has been reviewed and approved by Simon Mottram, FAusIMM (fellow of the Australasian Institute of Mining and Metallurgy), president of Bravo Mining, who serves as the company's qualified person, as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects. Mr. Mottram has verified the technical data and opinions contained in this news release.

Schedule 1: drill hole collar details

Schedule 2: assay methodologies and QA/QC (quality assurance/quality control)

Samples follow a chain of custody between collection, processing and delivery to the SGS Geosol laboratory in Parauapebas, state of Para, Brazil. The drill core is delivered to the core shack at Bravo's Luanga site facilities and processed by geologists who insert certified reference materials, blanks and duplicates into the sampling sequence. Drill core is half cut and placed in secured polyurethane bags then in security-sealed sacks before being delivered directly from the Luanga site facilities to the Parauapebas SGS Geosol laboratory by Bravo staff. Additional information about the methodology can be found on the SGS Geosol website in SGS Geosol's analytical guides. Information regarding preparation and analysis of historic drill core is also presented in an attached table, where the information is known.

QA/QC is maintained internally at the lab through rigorous use of internal certified reference materials, blanks, and duplicates. An additional QA/QC program is administered by Bravo using certified reference materials, duplicate samples and blank samples that are blindly inserted into the sample batch. If a QA/QC sample returns an unacceptable value an investigation into the results is triggered and when deemed necessary, the samples that were tested in the batch with the failed QA/QC sample are retested.

We seek Safe Harbor.