ValOre Metals is advancing its 100%-owned Pedra Branca PGE-gold project in Brazil, targeting a Preliminary Economic Assessment (PEA) in Q4 2026. The project holds an inferred resource of 2.2 Moz 2PGE+Au, which has doubled since acquisition, with additional drilling results pending incorporation.
Bravo Mining has released a Pre-Feasibility Study for its Luanga PGM project in Brazil, reporting an after-tax NPV of $1.45 billion and a 35% IRR. The study incorporates a new smelter to enable vertical integration, resulting in 86.7 million tonnes of proven and probable reserves.
ValOre Metals Corp. is preparing a resource update for its Pedra Branca project in Brazil, expected in Q3 2026, which will incorporate 6,000m of drilling from 2023. The current 2022 inferred resource of 2.2 Moz (platinum, palladium, and gold) in 63.3 Mt @ 1.08 g/t is expected to be revised upward. A Preliminary Economic Assessment (PEA) is targeted for Q4 2026.
Bravo Mining Corp. announced new drill results from its Luanga PGM+Au+Ni deposit in Brazil, highlighting a significant intercept of 54m at 2.8 g/t PGM+Au and 0.16% Ni, including a higher-grade section of 5m at 10.7 g/t PGM+Au and 0.40% Ni. These results from infill and extensional drilling continue to demonstrate the potential to expand and upgrade the mineral resource, with consistent grades and mineralized thicknesses at depth. The company plans an updated Mineral Resource Estimate in Q1 2027 following a PFS in Q3 2026.
Bravo Mining Corp. reported strong assay results from infill and step-out drilling at its Luanga PGM+Au+Ni deposit in Brazil, including 53.85m at 2.83 g/t PGM+Au and 0.16% Ni, with a high-grade sub-interval of 5.01m at 10.68 g/t PGM+Au and 0.40% Ni. These results from eight holes demonstrate mineralization continuity at depth and support the upgrade of Inferred resources to the Indicated category for an updated Mineral Resource Estimate targeted for Q1 2027. The company also confirmed robust QA/QC procedures and QP sign-off for the technical information.
Bravo Mining reports encouraging metallurgical results from Jameson Cell technology testing at the Luanga PGM+Au+Ni deposit in Brazil. The testing indicates improved recoveries for platinum, palladium, gold, and nickel, alongside higher concentrate grades and significantly lower mass pull compared to conventional flotation.
Bravo Mining Corp. announced high-grade drill assay results from its Luanga PGM+Au+Ni deposit in Brazil, including 51m at 3.7 g/t PGM+Au and 0.33% Ni, with a higher-grade core of 23m at 5.6 g/t PGM+Au and 0.44% Ni. These results extend mineralization to 300m depth and are part of an infill and extensional program aimed at upgrading mineral resources from Inferred to Indicated categories. The company also reported the commencement of a 50-line km Cu-Au induced polarization geophysical program.
ValOre Metals Corp. has completed a non-brokered private placement of convertible unsecured debentures for CDN$2,000,000. The proceeds are intended for exploration at the Pedra Branca PGE project in Brazil, potential acquisitions, and working capital.
ValOre Metals Corp. reports bioleaching metallurgical results from the University of Cape Town showing over 70% extraction of near-surface PGMs at the Pedra Branca project in Brazil. The company also references its 2.2-million-ounce PGE resource as it advances toward a Preliminary Economic Assessment.
ValOre Metals Corp. reported positive metallurgical test results for its Pedra Branca PGM project in Brazil. Bioleaching achieved up to 73% platinum and 74% palladium recoveries from weathered material, while caustic cracking yielded 66% platinum and 79% palladium from chromitite material.
