08:20 AM EDT, 05/06/2024 (MT Newswires) -- Bravo Mining Corp. ( BRVMF ) on Monday highlighted assay results from nine diamond drill holes, four from the North Sector and five from the Central Sector at its Luanga palladium + platinum + rhodium + gold + nickel project in the Carajas Mineral Province in Para, Brazil.

Among the highlights, the company reported 59.9 meters at 4.80 g/t PGM+Au, including 42.9 meters at 5.50 g/t PGM+Au, 0.21% Ni, and 140.7 meters at 1.25 g/t PGM+Au and 45.7 m at 1.71 g/t PGM+Au, and 0.22% Ni.

Mineralization intersected on all three drill sections at shallow depths. Also, the company said the substantial volume of mineralization, indicated by these wide intersections near surface, could support lower strip ratios in these areas.

"Drilling continues to show increasing nickel sulphide grades at depth in the Central Sector, while the North Sector shows widening of multiple zones of mineralization, which has the potential to significantly improve ratios of near surface mineralized to unmineralized material," Luis Azevedo, chairman and CEO of the company, said. "These positive factors strengthen confidence for on-going drilling."