STOCKWORKS GOLD INC. CONTIUNES EXPLORATION AT THE PIRENOPOLIS GOLD PROJECT, BRAZIL
Vancouver, British Columbia – (December 2, 2025) – Stockworks Gold Inc. (TSXV: STW) (“Stockworks” or the “Company”) is pleased to announce it has commenced additional exploration activities at its 100% owned, road accessible Pirenópolis 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 4.7ppm and 3.9ppm gold in stream sediment samples from two parallel drainages, 1.5km apart. In addition, one of the drainages returned a mineralized quartz float boulder, which assayed 0.8g/t 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 October 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 modeled with outcrop exposures mapped during the field work to develop a geological working model to assist in selecting potential drill targets.
The Pirenópolis 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 up stream of the anomalous samples. The region experienced a placer gold rush in the 1700s and 1800’s 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 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.
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, 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 early stage Pirenópolis gold project in Brazil.
You can follow Stockworks on:
X: https://x.com/stockworksgold
ON BEHALF OF THE BOARD OF DIRECTORS
“Nasim Tyab”
Chief Executive Officer and Director
For further information, please contact:
Email: info@stockworksgold.com
Phone: +1 (778) 754-7787
Statement Regarding Forward-Looking Information
This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause Stockworks 's actual results, performance, achievements, or developments in the industry to differ materially from the anticipated results, performance, or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. There can be no assurance that such statements prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements, and readers are cautioned not to place undue reliance on these forward-looking statements. Any factor could cause actual results to differ materially from Stockworks’s expectations. Stockworks undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates, opinions, or other factors, should change.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.