Bravo Reports Results of Pre-Feasibility Study for its Luanga Project
Bravo Mining Corp. announced robust Pre-Feasibility Study results for its Luanga Project, featuring an after-tax NPV of US$1.45 billion and an IRR of 35.1%. The study establishes a maiden Mineral Reserve of 86.7 Mt grading 2.77 g/t PdEq, and highlights improved metallurgical recoveries for key metals. The project benefits from a vertically integrated operation with a smelter in a Brazilian Export Processing Zone, offering fiscal advantages and a 10-year mine life.