Bravo Mining Reports Higher Gold Grades and Copper Signature in North Sector Trenching at Luanga

• Trench TRC25LU055 returned 151 metres at 3.61 g/t combined platinum group metals and gold (PGM+Au), including 43 metres at 8.33 g/t PGM+Au, with copper readings of 0.16% and 0.21%, respectively.
• Trench TRC25LU057 returned 77.8 metres at 3.01 g/t PGM+Au, including 16.5 metres at 7.15 g/t PGM+Au.
• Gold grades in the northernmost trenches are above those recorded across the broader Luanga deposit, consistent with a previously reported 2023 trench in the same area.
• Anomalous copper values, appearing alongside elevated gold, are interpreted as potentially indicative of Iron Oxide Copper Gold (IOCG) mineralisation overprinting the existing PGM system.
• A total of 58 trenches covering 10,901 metres have been completed at Luanga to date, with results for six trenches still pending.

Bravo Mining Corp. (TSX.V: BRVO, OTCQX: BRVMF) is a Canadian and Brazil-based mineral exploration and development company advancing its Luanga Project, a palladium, platinum, rhodium, gold, and nickel deposit located in the Carajás Mineral Province of Pará State, Brazil. The company's team has a track record of PGM, nickel, and copper discoveries in the region, including taking a past IOCG project from greenfield discovery through to development and production in the Carajás. The Luanga Project is situated on established farmland with road, rail, and hydroelectric power infrastructure nearby. Bravo is one of the most active explorers in Carajás.

North Sector Trenching Delivers Elevated Gold Grades Well Above Luanga Averages

Assay results from six infill trenches at the northern end of Luanga's North Sector show gold grades that are above those previously recorded across the broader deposit. Trench TRC25LU055 intersected 151.2 metres at 3.61 g/t PGM+Au, with a higher-grade interval of 43 metres at 8.33 g/t PGM+Au. These figures are comparable to a reference trench completed in 2023, TRC23LU021, which returned 79 metres at 3.65 g/t PGM+Au including 22 metres at 9.4 g/t PGM+Au, and which had also recorded above-average gold for the deposit at that time.

Trench TRC25LU057 returned 77.8 metres at 3.01 g/t PGM+Au, including 16.5 metres at 7.15 g/t, while TRC25LU060 delivered a higher-grade core of 13.1 metres at 12.25 g/t PGM+Au within a broader 87.9-metre intersection. All results are from oxide material, referring to the chemically weathered upper rock zone where metals are generally more accessible to processing.

CEO Luís Azevedo noted that: 

"the higher-grade zones observed in trenching align with, and in some cases exceed, grades intersected in drill holes at depth in this area." 

Higher gold grade zones in this part of the deposit carry potential economic significance, as gold in oxide material is generally simpler to recover than PGMs.

Anomalous Copper Association Points to Potential IOCG Overprinting at Luanga

Two trenches in the North Sector returned copper readings alongside elevated gold, a combination the company is interpreting as potentially indicative of a secondary mineralisation style. Trench TRC25LU055 recorded 0.16% copper across its full 151-metre length, rising to 0.21% within the 43-metre higher-grade core. A southern end trench, TRC25LU056, also returned anomalous copper, including 30 metres at 0.15 g/t Au and 0.16% Cu.

IOCG, which stands for Iron Oxide Copper Gold, is a mineralisation style distinct from the PGM system that defines the Luanga deposit. The company believes the copper-gold signature may reflect later-stage IOCG activity overprinting the PGM mineralisation, potentially linked to nearby exploration targets such as Babylon. Bravo has established a dedicated copper-gold exploration division to investigate these targets further.

CEO Luís Azevedo stated: 

"Trenching has identified the presence of anomalous copper associated with elevated gold values in the North Sector of the Luanga Deposit, which is particularly encouraging, as it may point to later-stage Iron Oxide Copper Gold-style mineralization overprinting the PGM mineralization. This emerging copper-gold association supports our broader geological model and aligns with the rationale behind advancing our dedicated copper-gold exploration division, which is now working on an exploration program designed to further define and test Cu-Au targets in 2026."

Infill Trenching Confirms Broad Lateral Extent of Oxide PGM+Au Mineralisation at Surface

Alongside the grade results, the trenching programme is building a denser dataset across the North Sector to support a potential upgrade in resource classification from Inferred to Indicated. An Indicated classification requires a higher level of geological confidence and data density, and infill trenching is one of the tools used to achieve that threshold.

Results to date confirm that oxide PGM+Au mineralisation extends broadly across the North Sector at surface, rather than in isolated pockets. Saprolite enrichment, the concentration of metals in the uppermost weathered rock layer, has been identified consistently across multiple trenches. Bravo has now completed 387 drill holes totalling 80,977 metres and 58 trenches covering 10,901 metres at Luanga, with assay results pending for 32 drill holes and six trenches.

CEO Luís Azevedo added:

"Trenching continues to demonstrate a broader lateral extent of oxide PGM+Au mineralization at surface, including zones with significantly higher grades and particularly elevated gold grades as compared to those previously observed. These consistent results suggest potential to increase the overall volume of oxide mineralization at Luanga."

Outlook

Bravo's 2026 field season is under way with several workstreams running in parallel. The company is awaiting assay results from 32 drill holes and six trenches, which will add to the existing dataset at Luanga. On the exploration side, the newly formed copper-gold division is preparing a programme to formally test IOCG targets in the Carajás region in 2026. Continued infill trenching in the North Sector remains a priority as the company works toward supporting an Indicated resource classification for that part of the deposit.

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