Can you provide updates on Bravo Mining's recent activities?

In 2024, we have achieved significant milestones at Bravo Mining and have made substantial discoveries in copper and gold, beyond the continued success we are having drilling the PGM+Nickel deposit. In August 2022, we identified a massive sulfide deposit during our PGM drilling efforts. This discovery prompted us to initiate an extensive electromagnetic survey program to pinpoint additional mineralization hotspots. In June last year, we secured the necessary equipment for this survey and conducted a comprehensive aerial survey covering 700 lines across the total of our project area. In February this year we completed the data reprocessing phase, identifying 36 anomalies. From these, we selected 17 high-priority targets for further exploration. Remarkably, our initial drilling efforts on anomalies T5, T6, and T16 yielded promising results. T5 delivered the best yet copper-gold intercept of 2024 globally and top five over the last five years. The subsequent drilling on T5, hole 004, also ranked as the third-best intercept globally. We are revisiting these sites with ground-based electromagnetic surveys to pinpoint the exact sources of these anomalies. We hope to share further positive news regarding our copper projects in the coming months. We plan to expand our drilling activities beyond the 17 selected priority anomalies, encompassing all 36 identified targets soon.

Why should mining investors take an interest in Bravo Mining?

Investors are attracted to Bravo Mining for several compelling reasons. Our projects offer substantial scale and potential, particularly in the already established PGM deposit, which continues to grow, and the recently unveiled copper-gold discovery. Carajás represents a frontier mining region where significant deposits are still viable, and we have already identified considerable mineralization, hinting at potentially groundbreaking discoveries. Our region also hosts other significant deposits in various development stages, positioning Bravo Mining as a potential next major player. We recently submitted our environmental reports, marking substantial progress in de-risking our operations, which should translate into positive shareholder outcomes in the coming months. 

What makes the Luanga project stand out?

Our projects stand out due to its diversified commodity portfolio and scale. We have conducted extensive drilling, exceeding 125,000 m, with plans to update our resource estimates soon, bolstering confidence in our resource base. We estimate to add more tonnages to our current 9.8 million t of resources between indicated and inferred categories, with an additional 20,000 m of drilling completed and another 10,000 m planned this year. This ongoing exploration has excited the market, particularly with the discovery of 36 anomalies around Luanga, where early drilling has yielded promising results in three of these targets alone. This indicates the potential for a significant PGM deposit and lucrative copper-gold prospects. Luanga presents a compelling case for open pit mining due to its shallow mineral deposits, reaching a maximum depth of approximately 300 m. With clear evidence of mineralization at depths up to 450 m, Luanga's resource potential could feasibly double or triple, underpinning our long-term mine life projection of +20 years. Such high-grade discoveries make our project economically viable and have contributed to Bravo Mining's impressive market performance post-IPO, currently standing over 100% above our IPO price.

Why is Brazil a favorable jurisdiction for Bravo Mining?

Brazil remains a favorable jurisdiction for mining activities due to its supportive regulatory environment, with solid governmental and community backing. We have received overwhelming support from local communities and authorities alike. Our commitment to sustainable mining practices is evidenced by our initiatives, such as planting 30,000 fruit trees and supporting local communities. These efforts strengthen our relationships with stakeholders and contribute to the region's socio-economic development. Moreover, Brazil's geological richness enhances our operational advantages and underscores our confidence in the longevity and profitability of our projects.

What are Bravo Mining's plans for the next year?

Our plans for the next year revolve around advancing our permitting processes. We are also poised to expand our drilling activities significantly, aiming to accelerate the resource update and follow up on our significant copper-gold discovery. Our focus will remain on de-risking our projects through comprehensive metallurgical studies, not only for our PGM deposits but also for our burgeoning copper and gold projects. This proactive approach should keep building momentum and delivering substantial value to our shareholders and stakeholders.