Bravo Mining Corp. (TSXV: BRVO) has received promising assay results from 17 diamond drill holes from the Central Sector at its wholly-owned Luanga palladium + platinum + rhodium + gold + nickel project located in the Carajás Mineral Province, state of Pará, Brazil.
The assay results include 15 infill diamond drill holes, the last diamond twin holes, and rhodium overlimit assay results.
“New drill results from the Central Sector of our Luanga Project continue to show increased mineralized thicknesses at depth (where it remains open) with similar or better assay grades than historic intercepts,” Chairman and CEO, Luis Azevedo, said.
“Drilling also continues to demonstrate increasing levels of magmatic nickel sulphides (± copper) both at depth and/or near the basal ultramafics.
“Bravo’s twin hole drill program, now concluded, has provided confidence in grades and mineralized widths, successfully repeating historic results for some of the thickest, highest-grade intersections.
“The latest results also include the highest sequential rhodium grades seen at Luanga (DDH22LU043 includes 8.5m @6.48g/t rhodium). The exploration potential underlying the ~8.1km mineralized strike at Luanga is just beginning to be revealed.”
Highlights Include:
- Assay results received from drilling in the Central Sector continue to show increasing mineralized grades and thicknesses at depth, while also showing increasing magmatic nickel (± copper) sulphide content, both at depth and/or near the basal ultramafic rocks.
- Twin hole DDH22LU043, with nine consecutive rhodium samples grading >1.0g/t Rh, compares well with historic results, intercepting the highest grade mineralized interval known to exist at Luanga and including an exceptional rhodium intercept of 8.5m at 6.48g/t Rh.
- Twin hole DDH22LU083 repeated what it is likely the thickest high-grade mineralized intersection encountered to date at Luanga, with 93.0m at 3.17g/t PGM+Au, comparing very favourably to the historic hole in thickness but with higher PGMs.
Drill results received from Luanga’s Central Sector continue to show increasing mineralized thicknesses and/or grades at depth and that mineralization is open at depth.
Drilling also displays an increasing presence of magmatic nickel (± copper) sulphides, in some cases at depth, where nickel sulphides were not encountered in shallower drilling, and/or in other cases in drill holes that are near the basal ultramafics.
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