Highlights include 58.8m @ 2.11g/t PGM+Au, and 19.8m @ 2.68g/t PGM+Au

Bravo Mining Corp. (TSX-V: BRVO) (OTCQX: BRVMF) announced that it has received assay results from an additional nine infill diamond drill holes from its Luanga palladium + platinum + rhodium + gold + nickel (3PGM+Au+Ni) project, located in the Carajás Mineral Province, state of Pará, Brazil.

“Drill hole DDH22LU029, which intersected 58.8m @ 2.11g/t 3PGM+Au from 9.7m, is one of the broadest zones of 3PGM+Au mineralization intersected at Luanga to date. This drill hole also demonstrates that multiple stacked 3PGM+Au+Ni zones exist stratigraphically above (see section attached) and below the previously defined mineralized horizons. This increases our confidence in both the overall 3PGM+Au+Ni potential of Luanga, and the potential for higher-grade nickel sulphide mineralization given the 39.4m @ 0.16% Ni intersected from 29.1m,” said Luis Azevedo, Chairman and CEO of Bravo. “Furthermore, DDH22LU029 intersected a zone of nickel-rich disseminated sulphides below the main mineralized horizons (see section attached), yet still within the same orthopyroxenite host stratigraphy, again opening the possibility for new as yet unseen styles of nickel sulphide mineralization at depth.”

Highlights

• The infill drilling campaign continues to advance rapidly, while results compare well with, or exceed, the intercepts in historic drill holes on nearby drill sections, in both tenor and mineralized thicknesses.
• Highlights of Bravo’s recent intercepts are tabulated below, with details attached:

• In addition, two diamond drill holes were completed on two drill sections, 50m north and south of DDH22LU047, the hole that intercepted massive sulphides (see August 16^th, 2022 news release). All four step out drill holes have intersected varying amounts of semi-massive sulphides. Assay results are pending.
• Downhole Electromagnetic surveys (“EM”) on these 4 drill holes, and surface fixed loop EM over the Luanga deposit, have commenced.
• 102 drill holes have been completed, for a total of 17,337 metres (or 68% of Phase 1 Drilling Program), including 6 twin holes and 6 metallurgical holes.
• 17,689 samples submitted for assay to date including 3,216 re-assay samples from historic drill core.
• 6 drill rigs operating onsite.

Luanga Drill Program

The Phase 1 diamond drill program continues as planned at Luanga. Six drill rigs are on site, with drilling progressing in various locations along the entire 8.1km strike length of the known Luanga mineralized envelope. To date, 102 drill holes have been completed, for a total of 17,337 metres (or 68%) of the planned 25,500 metre Phase 1 drill program.

Complete Table of Intercepts

About Bravo Mining Corp.

Bravo is a Canada and Brazil-based mineral exploration and development company focused on advancing its Luanga 3PGM + Au + Ni Project in the world-class Carajás Mineral Province of Brazil.

The Luanga Project benefits from being in a location close to operating mines, with excellent access and proximity to existing infrastructure, including road, rail and clean and renewable hydro grid power. The project area was previously de-forested for agricultural grazing land. Bravo’s current Environmental, Social and Governance activities includes replanting trees in the project area, hiring and contracting locally, and ensuring protection of the environment during its exploration activities.

Technical Disclosure

Technical information in this news release has been reviewed and approved by Simon Mottram, F.AusIMM (Fellow Australia Institute of Mining and Metallurgy), President of Bravo Mining Corp. who serves as the Company’s “qualified person”, as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr. Mottram has verified the technical data and opinions contained in this news release.

Schedule 1: Drill Hole Collar Details

Schedule 2: Assay Methodologies and QAQC

Samples follow a chain of custody between collection, processing and delivery to the ALS laboratory in Parauapebas, state of Pará, Brazil. The drill core is delivered to the core shack at Bravo’s Luanga site facilities and processed by geologists who insert certified reference materials, blanks and duplicates into the sampling sequence. Drill core is half cut and placed in secured polyurethane bags, then in security-sealed sacks before being delivered directly from the Luanga site facilities to the Parauapebas ALS laboratory by Bravo staff. Additional information about the methodology can be found on the ALS global website (ALS) in the analytical guides.

Quality Assurance and Quality Control is maintained internally at the lab through rigorous use of internal certified reference materials, blanks, and duplicates. An additional QAQC program is administered by Bravo using certified reference materials, duplicate samples and blank samples that are blindly inserted into the sample batch. If a QAQC sample returns an unacceptable value an investigation into the results is triggered and when deemed necessary, the samples that were tested in the batch with the failed QAQC sample are re-tested.

Location of Bravo Drilling Reported in this Document (CNW Group/Bravo Mining Corp.)

Section – Showing DDH22LU029 Stacked 3PGM+Au+Ni Zones, and New Nickel Zone at Depth (CNW Group/Bravo Mining Corp.)