Bravo Mining Reports 2026 Drill Results from Central Sector and New Crescent Zone at Luanga

• Infill drilling in the Central Sector returned up to 70.8 metres at 1.86 g/t PGM+Au (plus 0.28% nickel), including a higher-grade interval of 20 metres at 3.56 g/t PGM+Au and 0.40% nickel.
• A separate hole returned 19 metres at 3.20 g/t PGM+Au, with grades and thicknesses matching or exceeding results from earlier drilling on the same sections.
• The newly identified Crescent Zone, located outside Luanga's three main PGM sectors, shows geology that mirrors the deposit's known mineralised sequence, suggesting additional mineralised horizons may be present.
• A high-grade copper oxide intercept of 7.95 metres at 1.94% copper, with associated PGM+Au values of 0.58 g/t, was returned from the eastern end of the Crescent Zone at 34 metres below surface.
• Bravo has now completed 400 drill holes at Luanga totalling 85,074 metres, with results for 37 holes still pending.

Bravo Mining Corp. (TSX-V: BRVO, OTCQX: BRVMF) is a Canadian and Brazil-based mineral exploration and development company focused on advancing its 100%-owned Luanga Project, a deposit hosting platinum group metals (palladium, platinum, and rhodium, collectively referred to as PGMs), gold, and nickel, located in the Carajás Mineral Province of Pará State, Brazil. The company's team of local and international geologists has a proven track record of PGM, nickel, and copper discoveries in the region, and has previously taken an IOCG (iron oxide copper-gold) greenfield project from discovery through to production in Carajás. The Luanga Project sits on mature freehold farming land with access to road, rail, and hydroelectric grid power, and the company's current ESG activities include planting more than 55,000 high-value trees in and around the project area and hiring and contracting locally.

Infill Drilling in the Central Sector Reinforces Resource Confidence

Bravo's 2026 infill drilling programme at the Central Sector of the Luanga deposit is designed to convert existing mineral resources from the "inferred" category to the "indicated" category. In resource estimation, inferred resources carry a lower level of geological confidence than indicated resources, as they are based on limited sampling data. Moving resources into the indicated category requires additional drilling to demonstrate that the mineralisation is sufficiently well understood to support higher-confidence estimates.

Three new drill holes in the Central Sector returned broad intersections of PGM+Au mineralisation consistent with, and in several cases better than, results from earlier drilling on adjacent sections. Hole DDH26LU305 returned 70.8 metres at 1.86 g/t PGM+Au (plus 0.28% nickel), including a higher-grade sub-interval of 20 metres at 3.56 g/t PGM+Au and 0.40% nickel. Hole DDH26LU306 returned 19 metres at 3.20 g/t PGM+Au, while DDH26LU308 intercepted 47 metres at 1.83 g/t PGM+Au, with a best interval of 10 metres at 3.36 g/t PGM+Au. PGM+Au refers to the combined grade of palladium, platinum, rhodium, and gold, measured in grams per tonne. The mineralisation in all holes remains open at depth.

Chairman and CEO Luis Azevedo commented: 

"Infill drilling is consistently intercepting thicknesses and grades often comparable to, or exceeding results from, earlier drilling. Drill sections in this news release also demonstrate that grades continue to be consistent, with excellent continuity from hole to hole and section to section."

New Crescent Zone Exploration Results and Geological Interpretation

The Crescent Zone is a newly named exploration target located outside the three main PGM sectors that define Luanga's current mineral resource. It was identified following a reinterpretation of historical drill data and relogging of core samples, prompted by the completion of ground-based geophysical surveys in late 2025. Those surveys used micro-gravity and magnetic measurements to map the subsurface geology, allowing Bravo's geologists to identify structural features that had not previously been recognised.

The geological interpretation suggests that the rock sequence at the Crescent Zone is a repetition of the same layered sequence that hosts PGM+Au mineralisation in the Central Sector, potentially the result of folding in the rock package. The company states this creates the possibility of intercepting PGM+Au mineralisation associated with the prospective rock unit where it repeats across the sequence. Early results from four drill holes confirm at least three mineralised lenses at the Crescent Zone, though the company notes that further drilling is required to better understand and test this potential.

Chairman and CEO Luis Azevedo said: 

"We are also encouraged with positive results from the new Crescent Zone, a regional target outside Luanga's three main PGM sectors. The Crescent Zone was delineated through reinterpretation and relogging triggered by the completion of the 2025 geophysical surveys." 

The company has stated that further drilling is required to fully define the extent and grade of mineralisation in the zone.

High-Grade Copper Oxide Discovery and Regional Exploration

Drill hole DDH26LU307, located at the eastern end of the Crescent Zone, returned an interval of 7.95 metres at 1.94% copper in oxide material from a depth of 34 metres below surface, with associated PGM+Au values of 0.58 g/t. The copper mineralisation occurs alongside what the company describes as PGM+Au mineralisation more typical of the main Luanga deposit. 

Chairman and CEO Luis Azevedo said: 

"We've also intercepted another encouraging copper occurrence (DDH26LU307) at the eastern end of the Crescent Zone that warrants further investigation."

The copper mineralisation consists primarily of malachite, iron hydroxides, and chalcocite. These minerals are characteristic of a supergene-enriched zone, a geological environment where copper originally present in deeper sulphide rocks is dissolved and re-deposited near the surface through weathering processes over time. The host rock is a brecciated talc-schist, a highly altered rock type with localised mylonitic foliation.

Bravo has stated that the source and style of this mineralisation are not yet fully understood and that additional follow-up work is required before further conclusions can be drawn. No resource estimate has been attributed to the copper occurrence at this stage.

Milestones and Next Steps

Bravo has now completed 400 drill holes at Luanga totalling 85,074 metres, with results reported for 355 holes. The 2026 programme is advancing on two fronts: converting inferred resources to the indicated category in the Central Sector to support an updated Mineral Resource Estimate, and testing new regional targets including the Crescent Zone. Assay results for 37 drill holes remain outstanding, alongside returns from six completed trenches. The company has also indicated that the copper oxide occurrence at DDH26LU307 and the broader mineralisation potential of the Crescent Zone require additional follow-up drilling.

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