# Bravo Mining Corp. (TSXV:BRVO)

> Bravo Mining Corp.

## About

Bravo Mining Corp. (TSX.V: BRVO, OTCQX: BRVMF) is a Canadian- and Brazil-based mineral exploration and development company advancing its flagship Luanga PGM + Au + Ni Project in the world-class Carajás Mineral Province of Brazil. Luanga is a multi-million-ounce, Tier 1 deposit, with a Mineral Resource of 10.4 Moz PdEq Measured & Indicated and 5.0 Moz PdEq Inferred, supporting a robust PEA outlining an NPV (8%) of US$1.25B (Base Case) and US$1.86B (Alternate Case). The Company is well-funded to execute its growth plans and is advancing toward a PFS targeted for Q3 2026. The project benefits from exceptional infrastructure access, including renewable hydropower, road, rail, and port connectivity. In parallel, Bravo is advancing a growing IOCG-style copper-gold opportunity, further enhancing long-term value potential.

## Key facts

- **Cash position:** ~US$97.0M
- **Shares outstanding:** 137054988
- **Fully diluted shares:** 144303454
- **Warrants:** not discovered
- **Options:** 7248466
- **Mineral resource:** **Highlights of Bravo’s 2025 Updated Mineral Resource Estimate (“MRE”) at a 0.50 g/t PdEq cut-off grade**

- **Measured + Indicated resources total 158 million tonnes (“Mt”) grading 2.04 grams per tonne (“g/t”) PdEq1, for a total of 10.4 Moz of PdEq1 contained**.

The MRE introduces Measured mineral resource for the first time. The combined Measured + Indicated tonnes have improved by 117% as compared to the Indicated tonnes in the 2023 MRE, while grade has improved by 17%, resulting in a 154% increase in contained PdEq1 ounces.

- **Inferred Resources of 78 Mt grading 2.01 g/t PdEq1 for 5.0 Moz PdEq1.**

Tonnes of Inferred resources decreased, as most of previous Inferred tonnages were reclassified to higher-confidence categories while new Inferred resources were added beyond the limits of the prior MRE, and grades improved by 34% in the Inferred category.

- **Measured & Indicated Resources now make up 67% of total MRE**, a significant improvement from the 2023 MRE where 38% of the mineral resource was in the Indicated category.
- **Relative percentages of each metal by PdEq** **1** **value contribution to the MRE, are estimated at: 47% Pd, 25% Pt, 13% Rh, 13% sulphide Ni, and 2% Au.**
- **2025 MRE outcome was achieved using the same metal prices as the prior MRE,** somewhat more conservative metallurgical recoveries and otherwise similar modifying factors.
- **The MRE remains open at depth along the 8.1km strike of the deposit**, with many of the areas below current drilling depths are considered within potential open pit extraction depths.

Mineral resources that are not mineral reserves do not have demonstrated economic viability. There is no certainty that all mineral resources will be converted into mineral reserves.

The MRE has been prepared by Bernardo Horta de Cerqueira Viana, Geologist, BSc (Geology), FAIG, CEO of GE21 Consultoria Mineral Ltda. and Porfírio Cabaleiro Rodriguez, Mining Engineer, BSc (Mine Eng), FAIG, CKO of GE21 Consultoria Mineral Ltda., both independent Qualified Person (“ **QP**”) under National Instrument 43-101 Standards of Disclosure for Mineral Projects (“ **NI 43-101**”). The effective date of the MRE is 18 February 2025
- **Projects:** ["## Luanga PGM+Au+Ni Project\n\n# Technical Reports\n\nNI 43-101 Preliminary Economic Assessment (PEA) Independent Technical Report for the Luanga PGM + Au + Ni Project Pará, Brazil – August 7, 2025\n\nIndependent Technical Report on Updated Mineral Resources Estimate for the Luanga PGM+Au+Ni Project – April 2, 2025\n\n- [Luanga Project Highlights](https://bravomining.com/luanga-project/luanga-project-highlights/)\n- [Location & Infrastructure](https://bravomining.com/luanga-project/location-infrastructure/)\n- [Geology & Mineralization](https://bravomining.com/luanga-project/geology-mineralization/)\n- [Technical Reports](https://bravomining.com/luanga-project/technical-reports/)\n- [Mineral Resource Estimate](https://bravomining.com/luanga-project/mineral-resource-estimate/)\n- [Maps & Figures](https://bravomining.com/luanga-project/maps-figures/)\n\n- [Home](https://bravomining.com/)\n- [Corporate](https://bravomining.com/luanga-project/technical-reports/#)\n  - [About](https://bravomining.com/corporate/about/)\n  - [Board of Directors](https://bravomining.com/corporate/board-of-directors/)\n  - [Management](https://bravomining.com/corporate/management/)\n  - [Governance](https://bravomining.com/corporate/governance/)\n  - [Corporate Directory](https://bravomining.com/corporate/corporate-directory/)\n- [Luanga Project](https://bravomining.com/luanga-project/technical-reports/#)\n  - [Luanga Project Highlights](https://bravomining.com/luanga-project/luanga-project-highlights/)\n  - [Location & Infrastructure](https://bravomining.com/luanga-project/location-infrastructure/)\n  - [Geology & Mineralization](https://bravomining.com/luanga-project/geology-mineralization/)\n  - [Technical Reports](https://bravomining.com/luanga-project/technical-reports/)\n  - [Mineral Resource Estimate](https://bravomining.com/luanga-project/mineral-resource-estimate/)\n  - [Maps & Figures](https://bravomining.com/luanga-project/maps-figures/)\n- [Sustainability](https://bravomining.com/sustainability/)\n- [Investors](https://bravomining.com/luanga-project/technical-reports/#)\n  - [News Releases](https://bravomining.com/investors/news-releases/)\n  - [Presentations & Media](https://bravomining.com/investors/presentations/)\n  - [Videos](https://bravomining.com/investors/videos/)\n  - [Fact Sheet](https://bravomining.com/investors/fact-sheet/)\n  - [Financials](https://bravomining.com/investors/financials/)\n  - [Filed Prospectus](https://bravomining.com/investors/ipo-final-prospectus/)\n  - [AGM](https://bravomining.com/investors/agm/)\n  - [EVENTS](https://bravomining.com/investors/events/)\n  - [Analysts & Newsletters](https://bravomining.com/investors/analysts-newsletters/)\n  - [Stock Overview](https://bravomining.com/investors/stock-overview/)\n  - [Share Structure](https://bravomining.com/investors/share-structure/)\n- [Metal Exposure](https://bravomining.com/luanga-project/technical-reports/#)\n  - [World Platinum Investment Council - WPIC®](https://bravomining.com/metal-exposure/world-platinum-investment-council-wpic/)\n- [Contact](https://bravomining.com/luanga-project/technical-reports/#)\n  - [Contact Info](https://bravomining.com/contact/contact-info/)\n  - [Subscribe](https://bravomining.com/contact/subscribe/)\n- [Legal](https://bravomining.com/legal/)\n- [RSS Feed](https://bravomining.com/rss/)\n\n* * *\n\n© 2026\n\nAll rights reserved.\n\n[Disclaimer](https://bravomining.com/legal/)\n\n---\n\n## Luanga PGM+Au+Ni Project\n\n# Mineral Resource Estimate\n\n**Highlights of Bravo’s 2025 Updated Mineral Resource Estimate (“MRE”) at a 0.50 g/t PdEq cut-off grade**\n\n- **Measured + Indicated resources total 158 million tonnes (“Mt”) grading 2.04 grams per tonne (“g/t”) PdEq1, for a total of 10.4 Moz of PdEq1 contained**.\n\nThe MRE introduces Measured mineral resource for the first time. The combined Measured + Indicated tonnes have improved by 117% as compared to the Indicated tonnes in the 2023 MRE, while grade has improved by 17%, resulting in a 154% increase in contained PdEq1 ounces.\n\n- **Inferred Resources of 78 Mt grading 2.01 g/t PdEq1 for 5.0 Moz PdEq1.**\n\nTonnes of Inferred resources decreased, as most of previous Inferred tonnages were reclassified to higher-confidence categories while new Inferred resources were added beyond the limits of the prior MRE, and grades improved by 34% in the Inferred category.\n\n- **Measured & Indicated Resources now make up 67% of total MRE**, a significant improvement from the 2023 MRE where 38% of the mineral resource was in the Indicated category.\n- **Relative percentages of each metal by PdEq** **1** **value contribution to the MRE, are estimated at: 47% Pd, 25% Pt, 13% Rh, 13% sulphide Ni, and 2% Au.**\n- **2025 MRE outcome was achieved using the same metal prices as the prior MRE,** somewhat more conservative metallurgical recoveries and otherwise similar modifying factors.\n- **The MRE remains open at depth along the 8.1km strike of the deposit**, with many of the areas below current drilling depths are considered within potential open pit extraction depths.\n\nMineral resources that are not mineral reserves do not have demonstrated economic viability. There is no certainty that all mineral resources will be converted into mineral reserves.\n\nThe MRE has been prepared by Bernardo Horta de Cerqueira Viana, Geologist, BSc (Geology), FAIG, CEO of GE21 Consultoria Mineral Ltda. and Porfírio Cabaleiro Rodriguez, Mining Engineer, BSc (Mine Eng), FAIG, CKO of GE21 Consultoria Mineral Ltda., both independent Qualified Person (“ **QP**”) under National Instrument 43-101 Standards of Disclosure for Mineral Projects (“ **NI 43-101**”). The effective date of the MRE is 18 February 2025\n\n![](https://bravomining.com/site/assets/files/5975/mre_table_1.png)\n\n![](https://bravomining.com/site/assets/files/5975/mre_table_2.png)\n\n![](https://bravomining.com/site/assets/files/5975/mre_table_3.png)\n\n"]
- **Leadership:** Simon Mottram (President, Over 32 years of experience in mining, with a strong track record of exploration success and multiple discoveries through to commercial production.), Manoel Carlos Cerqueira (CFO, Over 35 years of experience in senior management positions in the mining sector.), Paulo Ilidio de Brito (VP Exploration, Geologist with over 37 years of experience in the mining industry, responsible for exploration programs and geological model development.), Heinrich Muller (VP Technical Services, Mining executive with over 18 years of experience across the resources value chain, involved in multidisciplinary teams for various mining projects.), Alex Penha (EVP Corporate Development, Over 20 years of experience in Canadian capital markets focused on junior mining companies, with roles in investment banking and corporate development.), Fabio Masotti (Leader Copper-Gold Division, Mineral exploration executive with over 30 years of experience across more than 20 countries, with expertise in multiple commodities and a strong track record in exploration.

_Verified data last updated: 2026-06-05_

## Recent filings

- 2026-06-05 — press_release — [brvo_2026-06-05_12-33-38.pdf](https://chat.orbiton.app/brvmf/preview/54349?documentId=54349)
- 2026-05-19 — press_release — [brvo_2026-05-19_09-59-56.pdf](https://chat.orbiton.app/brvmf/preview/51319?documentId=51319)
- 2026-05-13 — financials — [brvo_2026-05-13_18-32-55.pdf](https://chat.orbiton.app/brvmf/preview/50266?documentId=50266)
- 2026-05-13 — financials — [brvo_2026-05-13_18-32-24.pdf](https://chat.orbiton.app/brvmf/preview/50268?documentId=50268)
- 2026-05-13 — mda — [brvo_2026-05-13_18-31-23.pdf](https://chat.orbiton.app/brvmf/preview/50271?documentId=50271)
- 2026-05-13 — financials — [brvo_2026-05-13_18-30-52.pdf](https://chat.orbiton.app/brvmf/preview/50272?documentId=50272)
- 2026-05-05 — press_release — [brvo_2026-05-05_05-35-35.pdf](https://chat.orbiton.app/brvmf/preview/49883?documentId=49883)
- 2026-04-27 — annual_report — [brvo_2026-04-27_08-06-36.pdf](https://chat.orbiton.app/brvmf/preview/49884?documentId=49884)

## Investor FAQ

### [Latest News?](https://chat.orbiton.app/brvmf/faq/latest-news)

The latest news from Bravo Mining Corp. includes a press release dated June 5, 2026, which likely contains updates on the company's activities and projects. Specific details from this release are not disclosed in the available filings.

### [Project Overview](https://chat.orbiton.app/brvmf/faq/project-overview)

Bravo Mining Corp. is advancing its flagship Luanga PGM + Au + Ni Project located in the Carajás Mineral Province of Brazil. The project has a Mineral Resource of 10.4 Moz PdEq Measured & Indicated and 5.0 Moz PdEq Inferred, with a Preliminary Economic Assessment outlining an NPV (8%) of US$1.25B (Base Case) and US$1.86B (Alternate Case). The project is well-funded and is targeting a Preliminary Feasibility Study for Q3 2026.

## Live AI chat

- https://chat.orbiton.app/brvmf/chat
- Investor website: https://bravomining.com/