Bravo Mining drills 3.56 g/t palladium over 11.04 metres at Luanga, Brazil
Bravo Mining Corp. [BRVO-TSXV; BRVMF-OTCQX] reported high-grade PGM assay results for previously released diamond drill hole DDH22LU047. Hole DDH22LU047 intercepted high-grade nickel and copper at its 100%-owned Luanga palladium + platinum + rhodium + gold + nickel (PGM+Au+Ni) project, located in the Carajas Mineral Province, state of Para, Brazil.
The high-grade intercept in hole – DDH22LU047 graded 4.24 g/t 3PGM+Au with 2.04% nickel and 1.23% copper over 11.04 metres and occurs in massive and semi-massive sulphides.
“As announced in Bravo’s August 16, 2022 news release , high-grade nickel-copper mineralization had not been previously observed at Luanga. This discovery suggests potential for other metals and styles of mineralization than previously intercepted at Luanga, and we are extremely encouraged that it also contains high grade PGMs,” said Luis Azevedo, Chairman and CEO. “Downhole EM has commenced and should greatly assist in targeting follow up drilling, whilst surface EM has the potential to identify other massive and semi-massive sulphide mineralization along Luanga’s 8.1 km mineralized strike.”
Two diamond drill holes have been completed on each of two drill sections located 50 metres north and south of DDH22LU047.
All four step-out drill holes have intersected varying amounts of semi-massive sulphides. Assay results are pending.
Drill rigs have been temporarily moved clear of the area while borehole electromagnetic surveys are completed on these four step-out drill holes.
Following the completion of borehole EM, surface fixed loop EM will commence over the entire Luanga deposit.
The Phase 1 diamond drill program continues as planned at Luanga. Six drill rigs are on site, with drilling progressing in various locations along the entire 8.1 km strike length of the known Luanga mineralized envelope (as defined by historic drilling). To date, 91 drill holes have been completed, for a total of 15,554 metres of the planned 25,500 metre Phase 1 drill program.
The Luanga Project benefits from being in a location close to operating mines, with excellent access and proximity to existing infrastructure, including road, rail and clean and renewable hydro grid power. The project area was previously de-forested for agricultural grazing land. Bravo’s current Environmental, Social and Governance activities includes replanting trees in the project area, hiring and contracting locally, and ensuring protection of the environment during its exploration activities.