Brasnova CEO and Technical Team Conduct Site Visit to the Capela Gold Project in Bahia, Brazil
Brasnova’s Capela Gold Project expands its mineralized trend with a new oxidized vein discovery.
Brasnova Energy Materials Inc. conducted a technical site visit to its Capela Gold Project in Bahia, Brazil, led by CEO Joel Rovaris Ferari and Qualified Persons Marcelo Henrique de Jesus and Carlos Henrique Lourenço Bastos. The visit confirmed and expanded previously identified gold mineralization, with the trend remaining open in all directions, including north, south, east, and west.
A new occurrence of oxidized quartz veins with boxwork was discovered 700 meters west of the original Capela target. Samples from this new vein system have been sent for chemical analysis to confirm gold mineralization. The team established priorities for advancing geological understanding and progressing mineral exploration across target areas under NI 43-101 standards. This release serves as a direct follow-up to the July 14, 2026 announcement, which reported rock chip sampling returning up to 4.13 g/t Au.
Brasnova Energy Materials Inc. (BEM) released an expected, incremental exploration update that validates the geological continuity of the Capela target. The announcement does not introduce new financial data, change the company's risk profile, or provide immediate revenue catalysts.
Given the company's micro-cap status and negative equity, the market impact will likely be limited to minor volatility. While the discovery of a new vein system 700 meters away is geologically encouraging, it remains in the early reconnaissance phase.
Brasnova Energy Materials Inc. is an early-stage exploration company focused on developing a vertically integrated critical materials supply chain in Brazil for LFP, LMFP, and LMR battery technologies. The company's portfolio includes the Capela Gold Project in Bahia, the Gloria Manganese Project in Bahia, the Rio Claro Titanium-Iron Project in Goiás, the Jucurutu Copper Project in Rio Grande do Norte, and the Piaui Verde Phosphate Project.
The Capela Gold Project is currently the most advanced exploration asset, featuring a dome-shaped intrusive granodioritic system with structurally controlled gold anomalies. Management emphasizes alignment with Brazil's national sovereignty policy on strategic minerals and targets supply chains for fertilizer and battery cathode markets.