Brasnova CEO and Technical Team Conduct Site Visit to the Capela Gold Project in Bahia, Brazil

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Brasnova Energy Materials (TSXV: BEM, PMDRF) reported that CEO Joel Rovaris Ferari and company geologists, including Qualified Person Carlos Henrique Lourenço Bastos, completed a technical site visit to the Capela Gold Project in Pintadas, Bahia, Brazil. The visit reviewed ongoing exploration, recent results and helped set priorities for the next stages of work.

The team confirmed that the mineralized trend defined by rock chip sampling remains open in all directions and examined a newly discovered occurrence of oxidized quartz veins with boxwork about 700 meters west of the original Capela target, with samples to be sent for chemical analysis. According to Brasnova, observations from the visit support management’s confidence in the project’s potential, which remains at an early exploration stage under the NI 43-101 framework.

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Vancouver, British Columbia--(Newsfile Corp. - July 30, 2026) - Brasnova Energy Materials Inc. (TSXV: BEM) ("BEM" or the "Company") is pleased to announce that, this week, Mr. Joel Rovaris Ferari, (CEO) and Company geologists Mr. Marcelo Henrique de Jesus and Mr. Carlos Henrique Lourenço Bastos, the designated Qualified Person (QP), conducted a technical site visit to the Capela Gold Project in Pintadas, Bahia, Brazil.

The visit was carried out to review the progress of ongoing exploration activities and to evaluate the results obtained to date from the Capela Gold Project (see news release dated July 14, 2026), which continues to confirm and expand the presence of gold mineralization within the Project area. Based on this week's assessment, priorities have been established for the next stages of exploration, focused on advancing the geological understanding of the Project and progressing the mineral exploration across the target areas.

The mineralized trend defined by the completed rock chip sampling remains open to the north and south along strike and laterally to the east and west, as the boundaries of the gold-bearing system have not yet been delineated. The visit included a review of a newly discovered occurrence of oxidized quartz veins with boxwork located 700 meters west of the original Capela target. Samples from this new vein system will be sent for chemical analysis to confirm gold mineralization.

During the visit, the technical team inspected the principal points of interest, discussed new sampling strategies and established priorities for the upcoming work programs.

Newly discovered occurrence of oxidized quartz veins with boxwork
located 700 meters west of the original Capela target

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CEO COMMENTARY
CEO Joel Rovaris Ferari commented: "The observations made during this visit reinforce the strong potential of the Capela Gold Project and we were visually exposed to the technical team's exploration work and significant advancement of the Project. We are early in the process, but we are collectively of high confidence that the continuance of this work will add significant value to the Project."

ABOUT THE CAPELA GOLD PROJECT
The Capela Gold Project is an early-stage gold exploration asset associated with a dome-shaped intrusive granodioritic system, structurally controlled by NW-SE and NE-SW corridors. Previous geological mapping identified hydrothermal alteration, sulphide-bearing outcrops, gossan zones and quartz-sulphide veinlets, features commonly associated with intrusion-related gold systems. The project is currently undergoing technical advancement under the NI 43-101 framework, with ongoing activities supervised as part of the Company's exploration and validation strategy.

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QUALIFIED PERSON
Mr. Carlos Henrique Lourenço Bastos is a Senior Geologist, M.Sc., and an independent Qualified Person registered with the Brazilian Commission for Resources and Reserves (CBRR). He is a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM) and a member of the Society for Mining, Metallurgy & Exploration (SME).

ABOUT BRASNOVA ENERGY MATERIALS INC.
Brasnova Energy Materials is focused on securing, developing and monetizing Brazilian critical materials assets and related materials technologies, to build shareholder value.

On behalf of the Board of Directors of
BRASNOVA ENERGY MATERIALS INC.

Joel Rovaris Ferari CEO -Brasnova
info@brasnovaem.com

FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements".

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/307229

FAQ

What did Brasnova Energy Materials (PMDRF) announce about the Capela Gold Project on July 30, 2026?

Brasnova announced that its CEO and technical team completed a site visit to the Capela Gold Project in Bahia, Brazil. According to Brasnova, they reviewed exploration progress, assessed recent results and set priorities for advancing geological understanding and mineral exploration across the project’s target areas.

What new mineral occurrence was identified at Brasnova's Capela Gold Project (PMDRF)?

Brasnova reported a newly discovered occurrence of oxidized quartz veins with boxwork located about 700 meters west of the original Capela target. According to Brasnova, samples from this new vein system will be sent for chemical analysis to confirm whether it hosts gold mineralization.

How extensive is the mineralized trend at Brasnova's Capela Gold Project in Bahia?

According to Brasnova, the mineralized trend defined by rock chip sampling at Capela remains open north and south along strike and laterally east and west. The company stated that boundaries of the gold-bearing system have not yet been delineated, indicating ongoing exploration potential across the project area.

What stage of exploration is Brasnova's Capela Gold Project (PMDRF) currently in?

Brasnova describes the Capela Gold Project as an early-stage gold exploration asset associated with a dome-shaped intrusive granodioritic system. According to Brasnova, the project is undergoing technical advancement under the NI 43-101 framework, with ongoing activities supervised as part of its exploration and validation strategy.

Who is the Qualified Person for Brasnova Energy Materials' Capela Gold Project?

The Qualified Person is Mr. Carlos Henrique Lourenço Bastos, a Senior Geologist and independent QP registered with the Brazilian Commission for Resources and Reserves. According to Brasnova, he is also a Fellow of AusIMM and a member of the Society for Mining, Metallurgy & Exploration (SME).

What did Brasnova's CEO say about the potential of the Capela Gold Project (PMDRF)?

CEO Joel Rovaris Ferari said the visit’s observations reinforce what he called the strong potential of the Capela Gold Project. According to Brasnova, he emphasized that although the project is early stage, the team is confident continued exploration work will add significant value.