Bravo Intercepts High-Grade Magmatic Sulphide Nickel And Copper At Luanga

By Mining Hub News Desk
24 August 2026, 9:46 a.m. EDT 2 min read

Bravo Mining Corp. has intersected high-grade magmatic sulphide mineralization at the Babylon target area of its 100%-owned Luanga project in Pará State, Brazil, returning an assay highlight of 13.44 metres grading 1.55% nickel, 0.33% copper, and 2.02 g/t PGM+Au from 205.58 metres downhole in drill hole DDH26LU347.

The intercept includes a higher-grade interval of 6.72 metres grading 2.25% nickel, 0.55% copper, and 3.14 g/t PGM+Au starting from 205.58 metres. Drill hole DDH26LU347 also intersected a separate 6.0-metre interval grading 6.81 g/t PGM+Au from 122.70 metres downhole.

Figure 1: Sulphide-rich interval (205,58 a 213,14 m) in drill hole DDH26LU347.
Sulphide-rich interval (205.58 to 213.14 m) in drill hole DDH26LU347. Source: Bravo Mining Corp.

The company previously identified the North Sector of the Luanga deposit as a second centre of gravity hosting multiple thick high-grade mineralized zones, situated adjacent to the Babylon target area.

The new hole was designed to test an electromagnetic plate generated from a bore-hole electromagnetic survey conducted on previous drill hole DDH26LU330. The massive to semi-massive sulphide zone intercepted is associated with a chromitite interval hosted in orthopyroxenites of the Luanga Transition Zone, consisting of pyrrhotite, pentlandite, and chalcopyrite.

“Follow up drilling to the magmatic Ni/Cu-rich mineralization in the Babylon region continues to show encouragement, with higher grades and mineralized thicknesses than reported in May 2026. These results continue to suggest potential for additional mineralization below the existing Luanga PGM+Au+Ni Deposit,” said Luís Azevedo, Chairman and CEO. “The preliminary interpretation from the recently completed Deep IP survey line that also covers Babylon appears to support the rational for deeper testing below the known mineralization we have defined to date as well as following up on the high grade PGM+Au mineralization also intersected in this drill hole. Meanwhile, our fully funded Cu/Au-focused exploration activities continue to ramp up, with approximately 7.6km (3 lines) of IP completed to date, out of a planned 50km IP survey program” — Luís Azevedo, Chairman and CEO

Bravo is advancing a fully funded copper-gold exploration program incorporating a planned 50-line kilometre induced polarization survey across the Luanga project tenements. Approximately 7.6 kilometres of induced polarization surveying across three lines has been completed to date.

A survey line covering the Babylon target has identified a significant deep chargeability and low-resistivity anomaly at depth. Bravo plans to integrate this induced polarization data with existing geology, drilling, and electromagnetic datasets to conduct priority drill testing on the deep target.

Assay results for 46 drill holes and six trenches are currently pending at the Luanga project.

Read the full announcement: Bravo Intercepts High-Grade Magmatic Sulphide Ni/Cu-PGM Mineralization at Luanga