Original News Release
Stockworks Gold continues exploration at Pirenopolis
Mr. Nasim Tyab reports
STOCKWORKS GOLD INC. CONTINUES EXPLORATION AT THE PIRENOPOLIS GOLD PROJECT, BRAZIL
Stockworks Gold Inc. has commenced additional exploration activities at its 100-per-cent-owned, road-accessible Pirenopolis gold project located in the mining-friendly state of Goias, Brazil.
Stockworks has begun ground-based field activities to follow up on previously collected anomalous gold geochemical samples. These samples returned 4.7 parts per million and 3.9 parts per million gold in stream sediment samples from two parallel drainages, 1.5 kilometres apart. In addition, one of the drainages returned a mineralized quartz float boulder, which assayed 0.8 gram per tonne gold. Current field activities will focus on these two drainages, with the collection of systematic, closely spaced stream sediment geochemical samples beginning at these previous anomalies and continuing to the headwaters of the drainages. The objective is to determine a cut-off point to the anomalous gold values upstream, which would indicate the area where gold is being introduced into the drainage.
Concurrent to the stream sediment geochemical campaign, the company will also be prospecting the drainages for additional mineralized float boulders and cobbles as well as conducting first-pass regional geochemical sampling in areas of the property that have yet to be assessed for potential gold mineralization.
Stockworks has recently received data from its property-wide, high-resolution, low-level drone airborne magnetics (mag) survey flown in October (see news release dated Oct. 16, 2025). This survey will be crucial in interpreting the underlying bedrock geology in any anomalous gold cut-off zones derived from the geochemical work. The geophysical data can be modelled with outcrop exposures mapped during the field work to develop a geological working model to assist in selecting potential drill targets.
The Pirenopolis gold project is an early-stage project encompassing two parallel stream catchments with highly anomalous gold in sediment samples as well as a float boulder anomalous gold. Furthermore, regional airborne geophysics by the government indicates an interpreted large-scale magnetic structural break cutting across the property upstream of the anomalous samples. The region experienced a placer gold rush in the 1700s and 1800s; however, the hard-rock sources of the surrounding rivers' alluvial gold have never been located.
The 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 Pirenopolis 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.
Goias, 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.
Qualified person statement
Technical information in this news release has been reviewed and approved by David Kelsch, PGeo, president, chief operating officer and director, a qualified person as defined under National Instrument 43-101, Standards of Disclosure for Mineral Projects.
About Stockworks Gold Inc.
Stockworks is a publicly traded junior mining company that trades on the TSX Venture Exchange under the symbol STW. The company is currently focused on its early-stage Pirenopolis gold project in Brazil.
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