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Bravo Mining Corp
Symbol BRVO
Shares Issued 109,090,535
Close 2025-04-03 C$ 2.53
Market Cap C$ 275,999,054
Recent Sedar Documents

Bravo files NI 43-101 report for Luanga

2025-04-03 19:02 ET - News Release

Mr. Luis Azevedo reports

BRAVO ANNOUNCES FILING OF TECHNICAL REPORT

Bravo Mining Corp. has filed an independent technical report prepared in accordance with National Instrument 43-101 (Standards of Disclosure for Mineral Projects) in respect of the updated mineral resource estimate for the company's 100-per-cent-owned Luanga palladium plus platinum plus rhodium plus gold plus nickel deposit, located in the Carajas mineral province, state of Para, Brazil.

The technical report, titled "NI 43-101 Independent Technical Report, Luanga PGM plus Au plus Ni Project, Para State, Brazil," is dated Feb. 18, 2025, with an issue date of April 2, 2025, and was prepared for the company by Porfirio Cabaleiro Rodriguez, BSc, FAIG, and Bernardo Viana, BSc in geology, FAIG (each of whom is an independent qualified person within the meaning of such term under NI 43-101), of GE21 Consultoria Mineral.

The technical report can be found under the company's issuer profile on SEDAR+ and also on its website.

About Bravo Mining Corp.

Bravo is a Canadian and Brazil-based mineral exploration and development company focused on advancing its platinum group metals plus gold plus nickel Luanga project, as well as its copper-gold plus or minus nickel exploration opportunities in the world-class Carajas mineral province, Para state, Brazil.

Bravo is one of the most experienced explorers in Carajas. The team, comprising local and international geologists, has a proven record of PGM, nickel and copper discoveries in the region. It has taken a past iron oxide copper/gold greenfield project from discovery to development and production in the Carajas.

The Luanga project is situated on mature freehold farming land and benefits from being located close to operating mines and a mining-experienced work force, with excellent access and proximity to existing infrastructure, including road, rail, ports and hydroelectric grid power. Bravo's current environmental, social and governance activities include planting more than 35,000 high-value trees in and around the project area, while hiring and contracting locally.

In 2025, the Luanga project was granted a preliminary licence (see news release dated March 3, 2025) for the development of the project. Combined with the recently updated mineral resource estimate, which increased both tonnes and grade (see news release dated Feb. 18, 2025), this places Luanga at the forefront of potential future PGM plus Au plus Ni projects globally, while benefiting from extensive infrastructure, an experienced work force, shallow depths amenable to potential open-pit extraction and a geopolitically favourable location close to end-user markets.

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