Bravo Mining Reports Consistent PGM and Nickel Grades From Infill Drilling at Luanga

• Assay results from eight new drill holes at Luanga returned 54 metres at 2.8 g/t combined platinum group metals plus gold (PGM+Au) and 0.16% nickel, including a higher grade section of 5 metres at 10.7 g/t PGM+Au and 0.40% nickel.
• Other intercepts include 40 metres at 3.0 g/t PGM+Au and 0.32% nickel, 52 metres at 2.1 g/t PGM+Au and 0.11% nickel, and 16 metres at 3.1 g/t PGM+Au and 0.23% nickel, the latter including 5 metres at 7.5 g/t PGM+Au and 0.32% nickel.
• Infill drilling in the Central Sector targets upgrading Inferred mineral resources, the lower confidence category, to the higher confidence Indicated category.
• Extensional drilling has extended the definition of the main sulphide zone (MSZ), the primary mineralised body at Luanga, to approximately 350 metres below surface, up from less than 200 metres previously.
• Bravo is targeting a pre-feasibility study (PFS) by the end of the third quarter of 2026, followed by an updated Mineral Resource Estimate (MRE) in the first quarter of 2027.

Bravo Mining Corp. (TSXV:BRVO) (OTCQX:BRVMF) is a Canada and Brazil-based mineral exploration and development company advancing its 100% owned Luanga project, which hosts platinum group metals, nickel and copper-gold mineralisation in the Carajás Mineral Province of Pará State, Brazil. The company's geology team previously advanced a separate copper-gold project in Carajás from discovery through to production. Luanga is located on freehold farmland with established road, rail and hydroelectric power access nearby, and the company has planted more than 56,000 trees around the project site as part of its environmental programme.

Central Sector Drilling Confirms Consistent Grades and Thicknesses at Depth

Bravo received assay results from eight diamond drill holes totalling 2,655 metres, seven from infill and step-out drilling in the Central Sector and one from the North Sector of the Luanga deposit. Infill drilling adds holes between existing ones to increase confidence in the shape and grade of known mineralisation, while step-out and extensional holes test for continuity beyond the current resource boundary.

The highest grade intercept came from hole DDH26LU336, which returned 54 metres at 2.8 g/t PGM+Au and 0.16% nickel, including 5 metres at 10.7 g/t PGM+Au and 0.40% nickel. Other Central Sector holes also returned wide, consistent intervals, including 40 metres at 3.0 g/t PGM+Au and 0.32% nickel, 52 metres at 2.1 g/t PGM+Au and 0.11% nickel, and 16 metres at 3.1 g/t PGM+Au and 0.23% nickel with a higher grade core of 5 metres at 7.5 g/t PGM+Au and 0.32% nickel.

According to the company, results across these holes show grades and thicknesses that are, for the most part, equal to or better than those recorded in shallower drilling on the same sections. 

Chairman and CEO Luis Azevedo said:

"These results from infill and extensional drilling in the Central Sector continue to demonstrate potential to expand and upgrade Luanga's mineral resource."

MSZ Mineralisation Extended Beyond 350 Metres, Supporting Planned 2027 Resource Update

New extensional drilling in Section 3, anchored by hole DDH26LU342, stepped back roughly 75 metres from a previously reported 2026 hole and returned 36.65 metres at 3.05 g/t PGM+Au and 0.32% nickel from a depth exceeding 370 metres. 

Combined with an earlier 2026 hole on the same section, this drilling has extended the defined MSZ mineralisation from a previous depth of less than 200 metres to approximately 350 metres below surface.

The company states that mineralisation at this section remains open at depth and continues to show similar grades and thicknesses to those previously recorded up-dip. Bravo has also noted that mineralisation at these depths is likely amenable to open-pit mining. These results are intended to support the addition of new Inferred resources in the MRE update targeted for the first quarter of 2027, following the Luanga PFS scheduled for the end of the third quarter of 2026.

Copper-Gold Division Advances Regional Geophysical Programme

Separate from the PGM and nickel focused drilling at Luanga, Bravo's Copper-Gold division is continuing a regional geophysical survey and drill target selection process across its land package in the Carajás Mineral Province. 

The company is also evaluating a number of opportunities to expand its copper-gold footprint in the region.

Mr. Azevedo said:

"Concurrently, our Copper-Gold Team continues the geophysical program and drill target selection work. The team is also evaluating a number of opportunities that have the potential to expand the company's copper-gold footprint in the Carajás."

No copper-gold drill results have been reported to date.

Milestones and Next Steps

Bravo's near-term milestones include the Luanga PFS, targeted for the end of the third quarter of 2026, and an updated Mineral Resource Estimate incorporating current infill and extensional drilling results, targeted for the first quarter of 2027. Of the 447 drill holes completed at Luanga to date, results remain outstanding for 35 holes, mostly related to exploration outside the current resource area, along with six pending trench results. The Copper-Gold division's geophysical programme and target generation work in Carajás continues in parallel.

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