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Bravo Mining Reports Deeper Drilling at Luanga Shows Improving Grades and Extends Mineralization Toward 300 Metres

Bravo Mining Corp. has reported new drill assay results from its Luanga project in Brazil, with deeper holes in the Central Sector returning comparable or higher grades and consistent thicknesses, and mineralization now extended to approaching 300 metres below surface.

  • Hole DDH26LU312 intersected 51 metres grading 3.7 g/t combined platinum group metals plus gold (PGM+Au) and 0.33% nickel, including 23 metres at 5.6 g/t PGM+Au and 0.44% nickel
  • Other intercepts include 50 metres at 2.55 g/t PGM+Au with 0.20% nickel, and 6 metres at 13.5 g/t PGM+Au with 0.21% nickel
  • Main sulphide zone (MSZ) mineralization has been extended from approximately 200 metres to approaching 300 metres below surface
  • A 50 line-kilometre induced polarization (IP) geophysical survey targeting copper-gold mineralization began on June 16, with 3 line-kilometres completed and 17 more prepared
  • Results are pending from additional Crescent Zone holes, where drilling continues along strike

Bravo  (TSX.V: BRVO, OTCQX: BRVMF) is a Canada and Brazil-based mineral exploration and development company focused on advancing its Luanga project in the Carajás Mineral Province of Pará State, Brazil, which hosts platinum group metals, nickel, and copper-gold mineralization. Bravo's technical team has previously taken a project from discovery through to production in the same region. The Luanga site is located on established farmland near existing road, rail, and hydroelectric infrastructure, and Bravo has planted more than 55,000 trees in the surrounding area.

Central Sector Infill and Extensional Drilling Confirming Improving PGM+Au Grades and Consistent Thicknesses at Depth

The results come from thirteen diamond drill holes, twelve from the Central Sector and one from the Crescent Zone, totalling 3,594 metres. Deeper holes returned similar or greater mineralized thicknesses compared with shallower drilling, with comparable or higher PGM+Au grades and, in several holes, higher nickel sulphide grades within the MSZ.

Hole DDH26LU312 intersected 51 metres of 3.7 g/t PGM+Au with 0.33% nickel, including a higher-grade section of 23 metres at 5.6 g/t PGM+Au and 0.44% nickel. Mineralization in this hole remains open below the tested depth. Similar high-grade intercepts were recorded elsewhere in the Central Sector, including 5 metres at 6.18 g/t PGM+Au in DDH26LU313 and 6 metres at 13.5 g/t PGM+Au in DDH26LU315.

Three drill sections included in the release show thicknesses that remain consistent between neighbouring holes, with grades generally higher at depth. One step-out hole, DDH26LU310, extended tested depth in its section from approximately 130 metres to 200 metres, with higher PGM+Au grades recorded than in the shallower holes drilled above it.

MSZ Mineralization Extended to Approaching 300m Below Surface, Supporting Inferred to Indicated Resource Upgrade

Mineral resources are classified by confidence level based on the amount and spacing of supporting drill data, with inferred representing the lowest confidence category and indicated representing a higher one. Converting inferred resources to indicated typically requires closer-spaced drilling to confirm continuity of the mineralized zone.

The current drill program has extended the defined portion of the MSZ from approximately 200 metres to nearly 300 metres below surface. This has been achieved through infill drilling, which adds holes between existing drill data, and extensional drilling, which tests mineralization beyond previously drilled depths. Drilling on the reported sections is intended to support upgrading a portion of the inferred resource below hole DDH24LU282 to the indicated category, while also defining new inferred resources below hole DDH26LU312.

Luis Azevedo, Chairman and CEO said:

"Further results from infill and extensional drilling in the Central Sector continue to demonstrate potential to expand and upgrade Luanga's mineral resource. The drill results reported herein consistently show grades and thicknesses that, for the most part, exceed those from shallower drilling. The sections presented in this release also illustrate the Central Sector's strong continuity and consistent thickness as we drill deeper toward the limits of open pit mining."

50-Line Kilometre Cu-Au IP Geophysical Survey Commenced Across District-Scale Targets

Induced polarization (IP) is a geophysical technique that measures how underground rock responds to electrical currents, which can help identify zones that may contain metal-bearing minerals ahead of drilling. Bravo has begun an IP survey covering approximately 50 line-kilometres across selected targets on its land package, aimed at identifying copper-gold mineralization outside the areas already tested for PGM and nickel.

The survey began on June 16, with 3 line-kilometres completed to date and a further 17 line-kilometres cleared and prepared.

Luis Azevedo, Chairman and CEO said:

"We are also pleased to advise commencement of a 50-line Km Cu-Au induced polarization ('IP') geophysical program over numerous targets across Luanga."

A single hole drilled at the Crescent Zone, DDH26LU311, did not intersect significant mineralization. Results are pending for further holes along strike at the Crescent Zone, where drilling is ongoing.

Milestones and Next Steps

Bravo has completed 417 drill holes at Luanga to date, totalling 90,105 metres, with results reported for 377 holes. Assay results for 32 holes remain outstanding, largely from exploration drilling outside the Luanga resource area. Of 58 trenches completed to date, results from 6 remain pending. Further drilling continues at the Crescent Zone, and the Cu-Au IP survey is expected to progress toward its 50 line-kilometre target in the coming months.

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