Stockworks GOLD Receives High-Grade Geochemical Results from the Pirenópolis GOLD Project, Brazil
WWW.STOCKWORKSGOLD.COM TSX-V: STW
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STOCKWORKS GOLD RECEIVES HIGH-GRADE GEOCHEMICAL RESULTS FROM THE
PIRENÓPOLIS GOLD PROJECT, BRAZIL
Vancouver, British Columbia – (March 9, 2026) – Stockworks Gold Inc. (TSXV: STW) (“Stockworks” or the
“Company”) is pleased to announce it has received assay results from a recent geochemical sampling program at
its 100% owned, road accessible Pirenópolis gold project located in the mining-friendly state of Goiás, Brazil.
Results include high-grade stream sediment samples of up to 6.38 ppm gold (6.38 g/t Au).
This detailed stream sediment sampling campaign, conducted in December 2025, was designed to follow up on
previously collected regional anomalous gold geochemical samples. The earlier samples returned 4.7 ppm and 3.9
ppm gold in stream sediments from two parallel drainages 1.0 to 1.5 kilometers apart. In addition, during this
earlier work, one of the drainages returned a mineralized quartz float boulder which assayed 0.8 g/t gold (see
news release October 16, 2025).
The December 2025 work collected 31 stream sediment samples on the property, 26 of which were closely spaced,
continuing up the two parallel drainages on the eastern claim from the previous anomalous samples to the point
where the streams diminished, and the sediment load was no longer present. Five samples were collected on the
western claim drainages in reconnaissance style sampling for initial evaluation.
Results from this work have returned an assay of 6.38 ppm gold, as well as four additional samples ranging from
1.64 ppm to 0.424 ppm gold in the 2 streams. The sampling program has successfully traced the earlier gold
anomalies up both streams closer to their potential bedrock sources. The Company interprets these results as
having defined 3 areas where the gold in stream sediments may be originating from (see attached figure 1). Refer
to “Quality assurance/quality control” below for details on analytical procedures related to the anomalous results.
These cut-off areas have compelling coincident geophysical features interpreted from the recently completed low-
level, high-resolution drone airborne magnetic survey conducted last October (see news release October 16,
2025). There is an apparent northeast-southwest structural feature that cuts across both north-draining streams
and coincides with the gold in the stream bedload drop off. This regional structural feature is also seen in the
government regional airborne magnetic survey and trends for greater than 30 km continuing off the government
survey in both directions. A third geophysical feature, further up stream in bedload termination, is interpreted as
a potential intrusive body.
The western claim is also showing initial indications of potential bedrock gold source mineralization with two
reconnaissance samples in a single drainage returning 0.133 ppm gold and increasing to 0.216 ppm gold 2 kms
further upstream.
These results represent a significant advancement in the systematic targeting of bedrock gold sources at
Pirenópolis and establish multiple defined areas for follow -up exploration and potential drill targeting. The
Company is also eager to advance the recent positive reconnaissance-style results on the western claim with
anticipation of swiftly developing specific gold in stream cut-off locations as was recently done on the eastern
claim.
About the Pirenópolis Gold Project
The 40 km² Pirenópolis gold project is an early-stage project encompassing two parallel stream catchments with
highly anomalous gold in sediment samples and a float boulder. The region experienced a placer gold rush in the
1700s and 1800’s however, the hard-rock source(s) of the alluvial gold has never been located.
The Pirenópolis gold property occurs in the same geological belt as the Paracatu gold mine also located in Brazil,
which is Kinross Gold Corp.'s largest operation globally. The Pirenópolis gold project is interpreted as an orogenic
gold target with features similar to Paracatu, including being hosted by similar geological rocks and having regional
tectonic structures transecting the property as observed in airborne geophysics.
Goiás, the third-largest mining state in Brazil, has several operating gold mines including Serra Grande by Anglo
American, Chapada (copper/gold) by Lundin Mining and Pilar Gold's PGDM complex, which consists of four mines.
The company sees this as an opportunistic low-cost entry point to the country of Brazil, a nation of vast mineral
wealth.
Quality assurance/quality control
The December 2025 stream sediment samples were collected by sieving sediment to minus 2 mm to obtain
approximately 1.5-2.0 kilograms of sample material. Samples were delivered via chain-of-custody to ALSGlobal’s
laboratory in Goiânia, Goiás. ALSGlobal is an independent ISO 9001 and ISO/IEC 17025-certified geochemistry
laboratory. The lab submits internal standards, duplicates, and blanks, and all of these are reported within their
expected limits. The Company relied on ALSGlobal’s internal QA/QC procedures. At the lab, each sample was
screened to 125 um (ALS code SCR-36). Twenty-five grams was then taken from the screened material and
analysed by aqua regia digestion, and ICP-MS finish ultra-trace 51 elements (ALS code AuME-TL43). The
unprocessed sample remaining from the screening was then added back to the original sample and re -
homogenized. This master sample was then split to 1 kg and analysed by Bulk Leach Extractable Gold (BLEG) (ALS
code Au-AA12), in which the sample undergoes a cyanide bottle-roll leach with an AA finish. Sample PRN011SS
did not contain 1 kg of sample for the Au-AA12 analysis so Au-AA11 was used which is the same procedure as Au-
AA12, but with 0.5 kg of sample material. This sample assayed 0.1395 ppm Au by BLEG, and the Company believes
this is representative and comparable to the 1.0 kg sample process for the purposes of interpretation, as it is not
in the highly anomalous category. For the anomalous samples referred to in this news release from the December
2025 campaign, the 6.38 ppm Au and 1.64 ppm Au assays were BLEG analyses. The remaining three noted were
by ICP-MS analysis.
Qualified person statement
The technical and scientific information in this news release has been reviewed and approved by David Kelsch,
P.Geo., President, COO and Director, a qualified person as defined under National Instrument 43-101, Standards
of Disclosure for Mineral Projects.
About Stockworks Gold
Stockworks is a publicly traded junior mining company that trades on the TSXV under the symbol STW. The
Company is currently focused on its Pirenópolis gold project in Brazil.
You can follow Stockworks on:
X: https://x.com/stockworksgold
LinkedIn: https://www.linkedin.com/company/stockworks-gold-inc/about/?viewAsMember=true
ON BEHALF OF THE BOARD OF DIRECTORS
“Nasim Tyab”
Chief Executive Officer and Director
For further information, please contact:
Email: [email protected]
Phone: +1-778-476-4625
Statement Regarding Forward-Looking Information
This news release contains certain forward-looking information and forward-looking statements within the
meaning of applicable Canadian securities laws (collectively, “forward-looking information”). Forward-looking
information is frequently identified by words such as “expects,” “anticipates,” “believes,” “intends,” “plans,”
“estimates,” “potential,” “projects,” and similar expressions, or statements that events or conditions “will,”
“would,” “may,” “could,” or “should” occur.
Forward-looking information in this news release includes, but is not limited to, statements regarding the
interpretation of exploration results, the potential sources of gold mineralization, and the Company’s plans for
future exploration and advancement of the Pirenópolis Gold Project. Forward-looking information is based on the
opinions and estimates of management at the date the statements are made and is subject to a variety of risks
and uncertainties and other factors that could cause actual events or results to differ materially from those
projected in the forward-looking information.
These risks and uncertainties include, but are not limited to, risks related to exploration activities, the interpretation
of exploration results, commodity price fluctuations, regulatory approvals, and general economic and market
conditions. Readers are cautioned that the foregoing list is not exhaustive. Although the Company believes that
the assumptions and expectations reflected in such forward-looking information are reasonable, there can be no
assurance that such information will prove to be accurate, and actual results and future events could differ
materially from those anticipated. Accordingly, readers should not place undue reliance on forward -looking
information. Forward-looking information contained in this news release is provided as of the date of this news
release, and the Company undertakes no obligation to update such information except as required by applicable
securities laws.
Neither TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this release.
Figure 1: Stream sediment sampling results and interpreted upstream source areas for anomalous gold mineralization at the Pirenópolis Gold Project, Goiás, Brazil.