Bravo Mining (BRVO.V) said Wednesday that it has commenced its 2026 drilling and geophysics programs for the Luanga palladium-platinum-rhodium-gold-nickel deposit in Brazil.

The company said it plans to complete 28,000 meters of drilling, comprising three rigs executing 22,000 m of infill and extensional drilling at the Luanga deposit, and one rig focused on 6,000 m of exploration over newly generated regional targets within the project.

Infill drilling aims to upgrade the existing inferred mineral resources to the measured and indicated categories, while extensional drilling will test areas where the existing resource estimate is constrained by limited drilling below 200 m from surface.

Bravo said both infill and extensional drilling programs are designed to support an ongoing prefeasibility study, which is targeted for the third quarter.

The company added that its 2026 exploration program also includes a substantial geophysical component, which is designed to further refine targeting and support systematic evaluation of priority areas.