Brasnova Energy Materials Inc. Appoints Qualified Person and Initiates Sampling Program on the Capela Gold Project, Brazil
MWN-AI** Summary
Brasnova Energy Materials Inc. (TSXV: BEM) has made a significant advancement in its Capela Gold Project in Brazil by appointing Carlos Henrique Lourenço Bastos as the Qualified Person to oversee exploration efforts and prepare an independent NI 43-101 Technical Report. This report will aggregate geological data from exploration permit ANM 871.883/2023 and is essential for compliance with Canadian disclosure standards. The company will initiate an immediate geochemical sampling and assaying program, expected to last 90 days.
The Capela Gold Project, situated in Pintadas, Bahia, exhibits promising geological features. Initial reconnaissance discovered gold values of up to 1.37 ppm in rock samples, indicating early-stage mineralization. A high-resolution geological mapping program has outlined a dome-shaped intrusive system with significant structural controls related to mineralization.
Brasnova's exploration approach will be undertaken systematically under Mr. Bastos’ guidance, ensuring rigorous validation during the NI 43-101 process, which incorporates geological modeling and ongoing exploration recommendations.
Additionally, Brasnova plans to extend this structured technical process to the Jucurutu Project, which focuses on copper exploration in Rio Grande do Norte after completing the Capela report. The Jucurutu Project has shown preliminary geophysical evidence of copper mineralization, reinforcing the need for high-resolution mapping and verification work.
CEO Joel Rovaris Ferari emphasized the engagement of a Qualified Person as a pivotal move toward enhancing the Capela Project's value and expanding the company's portfolio through systematic exploration of the Jucurutu prospect. This strategy aligns with Brasnova’s mission of developing critical materials assets in Brazil to bolster shareholder value.
MWN-AI** Analysis
Brasnova Energy Materials Inc. (TSXV: BEM) has recently made significant strides toward establishing the Capela Gold Project in Brazil as a viable exploration asset. The appointment of Carlos Henrique Lourenço Bastos as a Qualified Person to oversee this project marks a pivotal move, signaling the company's commitment to rigorous technical standards and transparency. Immediate initiation of a geochemical sampling program and subsequent preparation of an NI 43-101 Technical Report is expected to validate earlier findings of gold mineralization in the Capela region.
Investors should view this development positively, considering the exploration potential indicated by prior rock sample assays revealing gold values up to 1.37 ppm. The geological mapping highlights a dome-shaped intrusive system, typical for intrusion-related mineralization, which could facilitate future drilling operations. As the NI 43-101 report progresses, it will provide investors with officially recognized data concerning resource estimates, potential for extraction, and exploration strategies moving forward.
It is essential to understand that while the initial findings are promising, the market often reacts to exploration updates with a blend of enthusiasm and caution. Hence, potential volatility in BEM's stock price may occur as results from the sampling program become available, anticipated to take approximately 90 days. Patience may be required during this period for those looking to invest, as solid and verified information will be crucial for the stock's upward momentum.
Moreover, the strategic focus on the Jucurutu copper project following the Capela report highlights Brasnova's broader operational ambitions in Brazil's mineral landscape, underscoring a diversified approach to resource exploration. Long-term investors should keep an eye on these developments, as successful execution of the outlined programs and subsequent positive results could enhance Brasnova’s valuation and provide substantial shareholder returns.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
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).
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.
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).
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.
| Claim | Area (ha) | Phase | Owner | Substance |
| 846.104/2025 | 1,992.44 | Research authorization | ZEM ESTUDOS GEOLOGICOS LTDA | Copper ore |
| 848.068/2025 | 1,893.14 | Research authorization | ZEM ESTUDOS GEOLOGICOS LTDA | Copper ore |
| 848.069/2025 | 1,957.51 | Permit application | ZEM ESTUDOS GEOLOGICOS LTDA | Copper ore |
| 848.070/2025 | 1,844.23 | Research authorization | ZEM ESTUDOS GEOLOGICOS LTDA | Copper ore |
| 848.071/2025 | 1,842.07 | Research authorization | ZEM ESTUDOS GEOLOGICOS LTDA | Copper ore |
| 848.072/2025 | 1,974.62 | Research authorization | ZEM ESTUDOS GEOLOGICOS LTDA | Copper ore |
| 848.073/2025 | 1,656.56 | Research authorization | ZEM ESTUDOS GEOLOGICOS LTDA | Copper ore |
| 848.074/2025 | 1,897.31 | Research authorization | ZEM ESTUDOS GEOLOGICOS LTDA | Copper ore |
| 848.075/2025 | 1,700.78 | Research authorization | ZEM ESTUDOS GEOLOGICOS LTDA | Copper ore |
| 848.076/2025 | 1,952.41 | Research authorization | ZEM ESTUDOS GEOLOGICOS LTDA | Copper ore |
| 848.077/2025 | 1,997.89 | Research authorization | ZEM ESTUDOS GEOLOGICOS LTDA | Copper 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
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**
Here are four questions related to the context of the Brasnova Energy Materials Inc. announcement and its implications for the investment landscape in Vancouver, British Columbia:
1. How does the engagement of Carlos Henrique Lourenço Bastos as the Qualified Person for Brasnova's Capela Gold Project align with industry best practices and potentially impact investor confidence in Prime Meridian Resources Corp PMDRF?
2. What are the expected market reactions in Vancouver and broader Canadian mining sectors following the planned NI 43-101 Technical Report for the Capela Gold Project by Brasnova Energy Materials Inc.?
3. How might the results from the initial geochemical sampling at the Capela Gold Project affect the valuations of similar resource companies, including Prime Meridian Resources Corp PMDRF, in the competitive landscape?
4. Given the focus on international standards through the NI 43-101 process, how could the strategies laid out by Brasnova Energy Materials influence regulatory practices or investment interests in resource exploration companies like Prime Meridian Resources Corp PMDRF?
**MWN-AI FAQ is based on asking OpenAI questions about Prime Meridian Resources Corp (OTC: PMDRF).
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