Stockworks Gold Inc. Announces Management and Board Changes
WWW.STOCKWORKSGOLD.COM TSX-V: STW _________________________________________________________________________________
STOCKWORKS GOLD INC. ANNOUNCES MANAGEMENT AND BOARD CHANGES
Vancouver, British Columbia – (September 8, 2025) – Stockworks Gold Inc. (TSXV: STW) (“Stockworks” or the “Company”) is pleased to announce the appointment of Mr. David Kelsch, P.Geo, as President, Chief Operating Officer (COO), and Director. Mr. Judson Culter has resigned as President and will continue to serve as a Director and advisor to the Company. Mr. Gary MacDonald has also resigned as Director.
On behalf of the Board of Directors, Nasim Tyab, Chairman, commented: “I would like to sincerely thank Gary MacDonald and Judson Culter for their dedicated service to the Company. We are pleased that Judd will continue to contribute in his role as Director, and we look forward to building on this next exciting phase of exploration at the Pirenópolis Gold Project in Brazil.”
Tyab added: “On behalf of our Board of Directors and management team, I am pleased to welcome David Kelsch as President and Chief Operating Officer. David brings extensive business, technical, and operational expertise, which will be invaluable as we advance our gold exploration and acquisition initiatives in Brazil and focus on delivering long-term value for our shareholders.”
About David Kelsch P. Geo
Mr. Kelsch is a registered professional geologist and Qualified Person under NI-43-101 regulations with over 30 years experience in the mineral exploration industry. David joined Rio Tinto in the early 1990s managing Rio’s multi-million-dollar exploration efforts at Lac de Gras, Northwest Territories, from initiation through to advanced discovery on the world class Diavik Diamond Mine. Since leaving his tenure at Rio Tinto in the late 90s, he has held senior management, directorships, officer and advisory positions with a number of publicly listed companies exploring for precious, base, industrial and critical metals and gemstones on five continents. In the 2000’s David cofounded Bluestone Resources Inc., as a member of the Discovery Group of Companies. He has been fortunate to have had exploration experience ranging from concept and initial discoveries through to resource delineation. David is currently an Officer and Director of GGL Resources Corp., a Nevada focused gold explorer.
David Kelsch, incoming President and COO stated: “I am quite excited to join Nasim and the Team at Stockworks Gold. I look forward to helping move the Company forward with its new direction. The prospectivity for the discovery of significant gold resources in Brazil still remains high on a global scale. The Pirenópolis Gold Project recently acquired by Stockworks, marks the beginning of this new direction for the Company“.
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. Stockworks has additional gold assets including the Cabin Lake project in the Northwest Territories which has had several successful drill campaigns.
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: [email protected] 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 forwardlooking 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.
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