APPOINTS QUALIFIED PERSON AND INITIATES SAMPLING PROGRAM ON THE CAPELA GOLD PROJECT, BRAZIL Vancouver, B.C. – Brasnova Energy Materials Inc. (“BEM” or the “Company”) is pleased to announce the engagement of Qualified Person geologist Carlos Henrique Lourenço Bastos to supervise work programs
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MARCH 12, 2026 NEWS RELEASE TSXV: BEM
BRASNOVA ENERGY MATERIALS INC.
APPOINTS QUALIFIED PERSON AND INITIATES SAMPLING PROGRAM
ON THE CAPELA GOLD PROJECT, BRAZIL
Vancouver, B.C. – Brasnova Energy Materials Inc. (“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 oxida;on color.
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.
Figure 4: Sample of pyrite granodiorite, it’s
possible to see pyrite crystals.
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 Ver;cal deriva;ve of the magne;c field
enhancing structural contrasts and delinea;ng
magne;c lineaments interpreted as poten;al
mineraliza;on controls.
Figure 7: Radiometric potassium image highligh;ng
altera;on zones and areas poten;ally associated with
hydrothermal processes, used to support structural
interpreta;on and target defini;on.
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
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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. Figure 9: Outcrops showing malachite in the
Project area.
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.
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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
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