-- Bravo Mining (BRVO.V) on Thursday provided further details for its its copper-gold (Cu-Au) exploration program at its Luanga Project in Brazil.
The company said exploration focused on targets adjacent to, and beyond the limits of the Luanga palladium + platinum + rhodium + gold + nickel deposit.
Among highlights, the company said a comprehensive Phase 1 exploration program is planned for this year, including target refinement, advanced geophysics and drilling to systematically evaluate and prioritize Cu-Au opportunities across the Luanga property.
Initial target refinement will include detailed geological mapping and expanded geochemical sampling (soil and rock). It added that a 50 line-km of deep-Induced Polarization (deep-IP) survey coverage is planned across multiple priority targets.
An initial 8,000-meter drill program is planned for the second half of 2026 to test and prioritize the most prospective targets identified through earlier phases. It added that the program is to be extended based on results and interpretations.
"With Fabio Masotti joining to lead our Copper-Gold Exploration Division, we are taking a disciplined and structured approach to advancing the broader mineral potential of our Luanga property," said chief executive Luis Azevedo. "The 2026 program is designed to progressively refine targets through detailed geological mapping and expanded geochemical sampling and then test priority areas through integrated geophysics and drilling, while also assessing the potential for additional discoveries and extensions of known mineralization. Together, these efforts position us to unlock further value at Luanga across what we increasingly view as a multi-commodity opportunity."
The company's shares were last seen down $0.05 to $3.28 on the TSX Venture Exchange.
Price: $3.28, Change: $-0.05, Percent Change: -1.50%