financetom
Business
financetom
/
Business
/
Bravo Mining Trenching Program Expands Mineralization at Luanga Project in Brazil
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bravo Mining Trenching Program Expands Mineralization at Luanga Project in Brazil
Oct 17, 2024 1:23 PM

07:37 AM EDT, 10/16/2024 (MT Newswires) -- Bravo Mining ( BRVMF ) on Wednesday said it has received assay results from eight trenches in the Central and North Sectors at its Luanga project in Brazil.

Highlights include 112m at 1.19g/t PGM+ gold, including 16m at 2.76g/t PGM+ gold and, 156m at 1.01g/t PGM+ gold, including 5m at 5.24g/t PGM+ gold.

"Trenching has uncovered a wider lateral extent of oxide PGM+Au mineralization at surface, which includes areas with higher grades," said Bravo Chairman and CEO Luis Azevedo. "These findings suggest a potential increase in the volume of oxide mineralization at Luanga. Additionally, the higher-grade zones within these sections align with or enhance the grades observed in the drilling below the trench lines, supporting our interpretation of supergene enrichment."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
PMGC to Implement 1-for-3.5 Reverse Stock Split
PMGC to Implement 1-for-3.5 Reverse Stock Split
Aug 28, 2025
11:09 AM EDT, 08/28/2025 (MT Newswires) -- PMGC ( ELAB ) said Thursday it is implementing a one-for-3.5 reverse stock split of its common stock effective Tuesday. No fractional shares will be issued; instead, they will be rounded up to the nearest whole share, the company said. Shares were down 4% in recent trading. Price: 1.91, Change: -0.08, Percent Change:...
Phillips 66 to begin winding down Los Angeles-area refinery next week, sources say
Phillips 66 to begin winding down Los Angeles-area refinery next week, sources say
Aug 28, 2025
NEW YORK, Aug 28 (Reuters) - Phillips 66 will begin shuttering its 139,000 barrel-per-day (bpd) Los Angeles-area refinery in September, people familiar with the matter said. The Los Angeles-area refinery will begin winding down operations for permanent closure as early as next week, two sources said. Phillips 66 announced last year it would close the facility and begin winding down...
Dutch Bros' Store Growth, Sales Momentum Support Stock Upside, UBS Says
Dutch Bros' Store Growth, Sales Momentum Support Stock Upside, UBS Says
Aug 28, 2025
11:07 AM EDT, 08/28/2025 (MT Newswires) -- Dutch Bros' ( BROS ) store growth and sales momentum through 2026, as well as a compelling catalyst path, support stock upside, UBS Securities said in a Thursday note. The coffee chain company could maintain market share gains in a high-growth category, supported by solid customer brand affinity and momentum drivers like new...
Venture Global's Simultaneous Commissioning, Construction Process 'More Complex' Than Market Understands, Deutsche Bank Says
Venture Global's Simultaneous Commissioning, Construction Process 'More Complex' Than Market Understands, Deutsche Bank Says
Aug 28, 2025
11:08 AM EDT, 08/28/2025 (MT Newswires) -- Venture Global's ( VG ) simultaneous commissioning and construction process at its projects is more complex and well-planned than the market understands, Deutsche Bank said in a Thursday note. Analyst Chris Robertson highlighted a visit to the company's Plaquemines liquefied natural gas facility in Louisiana and noted the deliberate sequencing of construction activities...
Copyright 2023-2026 - www.financetom.com All Rights Reserved