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Brasnova Energy Materials Inc. Appoints Qualified Person and Initiates Sampling Program on the Capela Gold Project, Brazil

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Brasnova Energy Materials (OTC:PMDRF) appointed Qualified Person Carlos Henrique Lourenço Bastos and launched a 90-day geochem sampling and assaying program at the Capela Gold Project in Pintadas, Bahia, Brazil on March 12, 2026. The company will prepare an independent NI 43-101 Technical Report to consolidate exploration permit ANM 871.883/2023 data and validate field observations.

Capela shows surface oxidized gossans and pyrite-bearing granodiorite with rock samples up to 1.37 ppm Au. Following Capela, Brasnova plans a similar NI 43-101 process for the Jucurutu copper prospect, where preliminary field work and geophysics identified structural targets.

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Positive

  • Qualified Person engaged: Carlos Bastos (Senior Geologist, FAusIMM)
  • Initial 90-day geochem sampling and assaying program started
  • Capela surface sample peak: 1.37 ppm Au
  • NI 43-101 Technical Report to be prepared for Capela

Negative

  • Capela remains early-stage with no resource or drilling yet
  • High-resolution mapping done but no drill-defined targets reported
  • Jucurutu mapping not completed; targets are preliminary

Vancouver, British Columbia--(Newsfile Corp. - March 12, 2026) - Brasnova Energy Materials Inc. (TSXV: BEM) ("BEM" or the "Company") is pleased to announce the engagement of Qualified Person geologist Carlos Henrique Lourenço Bastos to supervise work programs and prepare an independent National Instrument 43-101 ("NI 43-101") Technical Report for the Capela Gold Project, located in the municipality of Pintadas, State of Bahia, Brazil. The report will consolidate geological information from exploration permit ANM 871.883/2023 and will be prepared in accordance with Canadian regulatory standards. The initial Geochem sampling and assaying program will start immediately and require 90 days from start to finish.

CAPELA GOLD PROJECT - CURRENT STATUS

The Capela prospect was identified during regional prospecting when a gossan associated with pyrite-bearing granodiorite returned gold values up to 1.37 ppm Au in rock samples, indicating early-stage ore-grade mineralization. To date, the only completed exploration activity is a high-resolution geological mapping program (1:10,000 scale), which allowed recognition of the mineralized intrusive system and structural controls.

Geological description:

High-resolution mapping (Figure 5) outlined a dome-shaped intrusive system where a granodiorite body crops out along its margins and hydrothermally alters surrounding mafic-ultramafic rocks and metasediments. The gold anomaly is exposed at surface within oxidized zones containing sulphides (gossan) and is structurally controlled by a drainage-parallel corridor trending NW-SE with secondary NE-SW structures. This geological setting is consistent with intrusion-related gold systems, where mineralization typically concentrates in veins surrounding the intrusion rather than within the host rock itself. Field observations include oxidized outcrops with visible sulphides, pyrite crystals and veinlets, typical surface expressions associated with hydrothermal mineral systems (Figures 1 to 4).

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Figure 1
: Sample of pyrite granodiorite with reddish oxidation color.

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Figure 2
: Sample of pyrite granodiorite with venule.

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Figure 3: Sample of pyrite granodiorite, it's possible to see pyrite crystals.

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Figure 4
: Sample of pyrite granodiorite, it's possible to see pyrite crystals.

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The initial work program will include sampling program and all subsequent technical activities, including the sampling, geophysics, trenching, drilling and interpretation will be carried out under the supervision and validation of the Qualified Person as part of the NI 43-101 process.

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Figure 5: Geological map of the Capela Gold Asset.

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JUCURUTU PROJECT - CURRENT STATUS

Brasnova also announces that, upon completion of the NI 43-101 Technical Report and related services for the Capela Gold Project, the same structured technical process will be initiated for the Jucurutu Prospect, a copper exploration target located in Rio Grande do Norte, northeastern Brazil.

The Jucurutu Project (Table 1) is characterized by the presence of coincident morphological and magnetic lineaments, suggesting structurally controlled mineralization corridors. Preliminary geophysical interpretation indicates that copper occurrences identified during reconnaissance field visits are spatially associated with high potassium radiometric anomalies, particularly at intersections between magnetic and morphological lineaments (Figures 6 and 7).

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Figure 6: Vertical derivative of the magnetic field enhancing structural contrasts and delineating magnetic lineaments interpreted as potential mineralization controls.

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Figure 7: Radiometric potassium image highlighting alteration zones and areas potentially associated with hydrothermal processes, used to support structural interpretation and target definition.

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Field observations confirm visible copper mineralization at surface (Figures 8 and 9), coincident with these structural intersections, reinforcing the structural control model for the prospect.

Table 1: Jucurutu Project Claims.

ClaimArea (ha)PhaseOwnerSubstance
846.104/20251,992.44Research authorizationZEM ESTUDOS GEOLOGICOS LTDACopper ore
848.068/20251,893.14Research authorizationZEM ESTUDOS GEOLOGICOS LTDACopper ore
848.069/20251,957.51Permit applicationZEM ESTUDOS GEOLOGICOS LTDACopper ore
848.070/20251,844.23Research authorizationZEM ESTUDOS GEOLOGICOS LTDACopper ore
848.071/20251,842.07Research authorizationZEM ESTUDOS GEOLOGICOS LTDACopper ore
848.072/20251,974.62Research authorizationZEM ESTUDOS GEOLOGICOS LTDACopper ore
848.073/20251,656.56Research authorizationZEM ESTUDOS GEOLOGICOS LTDACopper ore
848.074/20251,897.31Research authorizationZEM ESTUDOS GEOLOGICOS LTDACopper ore
848.075/20251,700.78Research authorizationZEM ESTUDOS GEOLOGICOS LTDACopper ore
848.076/20251,952.41Research authorizationZEM ESTUDOS GEOLOGICOS LTDACopper ore
848.077/20251,997.89Research authorizationZEM ESTUDOS GEOLOGICOS LTDACopper ore

 

Although reconnaissance field verification has confirmed copper occurrences, high-resolution geological mapping has not yet been completed. The upcoming technical program, to be conducted under Qualified Person supervision following Capela, will include:

  • High-resolution geological mapping
  • Structural validation of magnetic and morphological lineaments
  • Integrated geophysical-geological interpretation
  • Definition of priority drill targets

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Figure 8: Sample of malachite in the Project area.

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Figure 9: Outcrops showing malachite in the Project area.

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NI 43-101 REPORT SCOPE

The preparation of the NI 43-101 Technical Report represents the transition of the Capela Project from an early-stage geological indication to a standardized and independently validated exploration asset under Canadian disclosure regulations.

The NI 43-101 Technical Report will include:

  • Data review and validation
  • Field verification
  • Geological modelling
  • Definition of ongoing exploration and development strategy
  • Recommendations for additional work programs
  • Qualified Person certification

QUALIFIED PERSON

Mr. Carlos Henrique Lourenço Bastos is a Senior Geologist, M.Sc., and a 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).

Mr. Bastos has over 30 years of experience in mineral exploration and mining projects in Brazil and abroad, including resource estimation, QA/QC implementation, mine planning and supervision of drilling and exploration programs.

MANAGEMENT COMMENTARY

Joel Rovaris Ferari, CEO -Brasnova Energy Materials, stated:

"Engaging an independent Qualified Person and initiating the NI 43-101 process is a decisive step toward structuring the Capela Project under international standards and unlocking its long-term value potential. Following Capela, we plan to advance the Jucurutu copper prospect using the same systematic approach, expanding our exploration pipeline and strengthening Brasnova's growth strategy in Brazil."

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/288250

FAQ

What did Brasnova (PMDRF) announce on March 12, 2026 about Capela gold sampling?

The company started a 90-day geochem sampling and assaying program at Capela. According to the company, the program will be supervised by Qualified Person Carlos Bastos and feed into an NI 43-101 report.

Who is the Qualified Person for Brasnova's Capela project (PMDRF)?

The Qualified Person is Carlos Henrique Lourenço Bastos, a senior geologist and FAusIMM member. According to the company, he will supervise work and prepare the NI 43-101 Technical Report.

What surface gold results did Brasnova report at Capela (PMDRF)?

Surface rock sampling returned values up to 1.37 ppm Au at Capela. According to the company, this indicates early-stage ore-grade mineralization in oxidized gossan zones and pyrite-bearing granodiorite.

Will Brasnova prepare an NI 43-101 report for Capela (PMDRF), and what will it include?

Yes. The NI 43-101 will include data review, field verification, geological modelling and recommendations. According to the company, it standardizes Capela under Canadian disclosure rules.

What are Brasnova's next steps for the Jucurutu copper prospect after Capela (PMDRF)?

Brasnova plans to apply the same NI 43-101 structured process to Jucurutu after Capela. According to the company, subsequent work will include high-resolution mapping, structural validation and integrated geophysical interpretation.
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