Bravo Mining Establishes Dedicated Copper-Gold Division, Appoints Industry Veteran to Lead Strategy

• Bravo Mining Corp. (TSX.V: BRVO, OTCQX: BRVMF) launches dedicated Copper-Gold Exploration Division to pursue copper-gold opportunities on its Luanga licences
• Fabio Masotti, former Vale S.A. Director of Exploration with over 30 years' experience, appointed to lead the division
• Division to operate under dedicated budget, commencing with geophysics and geochemistry surveys followed by 8,000 metres of initial drilling
• Previous exploration identified copper-gold mineralisation at Target T5, with intercepts including 11.48 metres grading 14.3% copper and 3.3 grams per tonne gold
• Division mandated to evaluate growth and acquisition opportunities in the Carajás Mineral Province

Bravo Mining Corp. (TSX.V: BRVO, OTCQX: BRVMF) is a Canadian and Brazil-based exploration and development company operating in the Carajás Mineral Province of Pará State, Brazil. The company holds the Luanga Project, which hosts a palladium, platinum, rhodium, gold and nickel deposit. The project is situated on freehold farmland with access to road, rail and hydroelectric power infrastructure. The company's activities include environmental initiatives and local employment programmes.

Creation of Dedicated Copper-Gold Exploration Division

Bravo Mining has established a separate Copper-Gold Exploration Division following three years of exploration work that identified copper-gold potential across its Luanga licence holdings. The exploration work has indicated the presence of iron oxide copper-gold (IOCG) style mineralisation in addition to the existing palladium-platinum-rhodium-gold-nickel deposit.

The division will focus exploration on the company's wholly owned Luanga licences and evaluate copper-gold opportunities within the Carajás Mineral Province. The division will operate with dedicated technical staff and budget.

Chairman and CEO Luis Azevedo stated: 

"The establishment of the Copper-Gold Exploration Division is a strategic and growth-focused decision unanimously supported by the Board of Bravo. It gives us the structure to continue IOCG exploration in tandem with Luanga's PGM+Au+Ni progress."

The company has completed recent financing activities that provide funding for the expanded exploration programme. 

Chairman and CEO Luis Azevedo noted:

"The recent capital raising and pending private placement were well received by the market, and I believe this further reinforces confidence in Luanga, our people, and the strength of Bravo's management team as we pursue multiple tracks of value creation."

Appointment of Fabio Masotti as Division Head with Extensive Carajás and IOCG Experience

Fabio Masotti has been appointed Head of the Copper-Gold Exploration Division. Masotti's career spans over 30 years, predominantly with Vale S.A., where he held various senior exploration and business development positions, culminating as Director of Exploration in 2024. His work has covered numerous countries and commodity systems, including IOCG deposits and nickel sulphide systems.

Masotti was part of the discovery team for the Sossego/Sequeirinho IOCG deposits in Carajás in 1997. He received the Prospectors & Developers Association of Canada's 2025 Thayer Lindsley Award for International Discovery as a member of the team that discovered the Onto Copper-Gold deposit in Indonesia in 2013. His previous roles at Vale included Director of Exploration for various regions and Country Manager Mongolia.

Chairman and CEO Luis Azevedo commented:

"It also gives me great pleasure to announce the appointment of Fabio Masotti to Bravo's management team, who will spearhead the copper-gold team. Fabio is an outstanding professional with a wealth of Carajás IOCG and overall copper-gold exploration experience with a proven success track-record, including leadership roles at Vale S.A., where he ascended to the position of Director of Exploration."

Planned Geophysics and Geochemistry Programs Followed by Initial 8,000 Metre Drilling Campaign

The Copper-Gold Exploration Division will commence work with geophysics and geochemistry surveys followed by an 8,000 metre drilling programme. This follows earlier exploration results that have outlined multiple copper-gold targets across the Luanga property.

In May 2024, drilling at Target T5 intersected 11.48 metres grading 14.3% copper and 3.3 grams per tonne gold, including 2.9 metres at 22.9% copper and 3.6 grams per tonne gold. A subsequent hole approximately 50 metres away returned 8.75 metres grading 9.48% copper and 2.1 grams per tonne gold. Work to date has outlined mineralisation at T5 extending over approximately 300 metres of strike and to 150 metres vertical depth, with mineralisation open at depth.

Additional targets have been identified through geophysical surveys and limited drilling. Scout drilling at T16 and T17 has returned early results, and the Babylon target has been identified through magnetic surveys. The company has been reprocessing geophysical datasets to refine drill targeting across its IOCG and magmatic nickel-copper prospects. 

Chairman and CEO Luis Azevedo stated: 

"Over the last 3 years, our work at Luanga has continued to demonstrate its multiple mineral system potential within the same highly endowed Carajás setting. While Luanga remains our flagship PGM+Au+Ni asset and our development focus, the results from our IOCG copper-gold exploration have highlighted the need for greater technical focus within a dedicated team."

Looking Ahead

The company will execute the planned geophysics and geochemistry programmes to refine drill targets, followed by the 8,000 metre drilling campaign. The division will test known targets including T5, T16 and T17, as well as new prospects identified through geophysical work. Under Masotti's leadership, the division will also evaluate copper-gold growth opportunities within Carajás. These activities will proceed alongside ongoing development work at the Luanga PGM+Au+Ni deposit.

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