Northwire Canada EditionFriday, August 14, 2026
Northwire
NPK 0.870 +1.2% GRZ 6.26 −1.4% AVL 5.23 +3.0% TSLV 0.085 −5.6% MPVD 0.015 +0.0% DNG 6.61 +0.0% GLO 0.610 −4.7% CTGO 27.39 +0.5% SKE 45.73 −1.1% MTA 12.63 −0.7% VMET 14.15 +1.8% IMM 0.065 +0.0% LMCU 9.60 −1.9% EFF 0.025 −16.7% AYA 37.44 −4.2% MDM 0.060 +0.0% NPK 0.870 +1.2% GRZ 6.26 −1.4% AVL 5.23 +3.0% TSLV 0.085 −5.6% MPVD 0.015 +0.0% DNG 6.61 +0.0% GLO 0.610 −4.7% CTGO 27.39 +0.5% SKE 45.73 −1.1% MTA 12.63 −0.7% VMET 14.15 +1.8% IMM 0.065 +0.0% LMCU 9.60 −1.9% EFF 0.025 −16.7% AYA 37.44 −4.2% MDM 0.060 +0.0%
Drill Results

Bravo's Exploration Continues to Show Potential at Multiple Targets

BRVO · Price

Executive Summary

  • Bravo Mining reported multiple high‑grade copper–gold and nickel–copper intercepts from its 2025 drill program at the Luanga Project in Brazil, confirming up‑dip extensions of IOCG‑style mineralization at the T5 prospect.
  • Scout drilling at the T16 target intersected a 6.54 m interval grading 2.25 % Cu and 0.55 % Ni, demonstrating lateral continuity of Cu‑Ni sulphide zones; additional holes show further continuity with pending assays.
  • New work commenced on the Babylon Ni‑Cu target (large magnetic anomaly) and follow‑up drilling is planned at T5, T16, T17 and Babylon to test deeper extensions and IOCG/magmatic styles.

Key Details

  • T5 Prospect – Up‑dip Cu‑Au Extensions
  • DDH2505T024: 6.65 m @ 2.57 % Cu, 0.55 g/t Au (114.25–120.90 m).
  • DDH2505T025: 2.91 m @ 6.01 % Cu, 0.43 g/t Au (91.79–94.70 m).
  • DDH2505T026: 8.31 m @ 1.65 % Cu, 0.15 g/t Au (65.55–73.86 m).
  • Additional intercepts include 6.20 m @ 2.07 % Cu, 0.48 g/t Au and 6.2 m @ 2.07 % Cu, 0.48 g/t Au (hole “And”).

  • T16 Target – Cu‑Ni Sulphide Zone

  • DDH2516T005: 6.54 m @ 2.25 % Cu, 0.55 % Ni within a 7.8 m hydrothermal system (82.96–89.50 m).
  • DDH2516T004: 2.00 m @ 0.87 % Cu (108.75–110.75 m) and additional 1.05 m @ 1.71 % Cu (119.95–121.00 m).
  • Assays pending for DDH2516T006 & T007 – both intersected similar hydrothermal zones.

  • T17 Target – Shallow Cu Anomaly

  • DDH2517T004: 2.0 m @ 0.51 % Cu (23.35–25.35 m) immediately below oxidation zone; oxide assays pending.

  • Babylon Ni‑Cu Target

  • Historic intercept (DDH22LU047): 11.04 m @ 2.04 % Ni, 1.23 % Cu (131.11 m).
  • Current program includes follow‑up diamond drilling and a Bore Hole Electromagnetic (BHEM) survey; results expected in coming months.

  • Overall Drill Program

  • Total to date: 367 holes, 76,281.9 m drilled (including 8 metallurgical holes).
  • Results reported for 347 holes; 12 assay results pending (excluding metallurgical holes).
  • Trenching: 49 trenches (9,813.85 m) completed; 4 trench results pending.

  • Geophysical Enhancements

  • Re‑processed HeliTEM data produced Magnetization Vector Inversion (MVI) 3D model and Self‑Organizing Maps (SOM) to refine target definition for deep extensions of the PGM+Au+Ni deposit and IOCG/magmatic Ni‑Cu prospects.

  • Future Work

  • Development of a 3‑D geological/structural model for T5; follow‑up drill program planned.
  • Continued drilling at T16, T17, Babylon and new targets (e.g., “Babylon” magnetic anomaly).
  • Ongoing metallurgical optimization and economic studies toward a Pre‑Feasibility Study.

Notable Quotes

“Drilling and geophysical work continue to demonstrate the potential scale and diversity of exploration opportunities across Luanga… our exploration is systematically building a pipeline of prospects that highlight Luanga’s potential well beyond the PGM+Au+Ni deposit itself,” – Luis Azevedo, Chairman & CEO.

Read the original news release →

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