Brunswick Exploration Inc. (“
BRW”
or the “
Company”) is pleased to announce that it
has started a helicopter-supported prospecting campaign in Quebec
with additional programs in Labrador and Greenland to begin in July
and August 2024, respectively. BRW plans to systematically test
hundreds of new and outcropping S-type pegmatite targets across its
portfolio.
Mr. Killian Charles, President and CEO of BRW,
commented: “While we continue to focus our efforts into the Mirage
Project, we are thrilled to start new, ambitious grassroots
initiatives throughout Eastern Canada and Greenland. These
initiatives are a core pillar of BRW’s strategy and, as the lithium
industry remains ripe for new discoveries, we will continue to
leverage our exploration expertise to rapidly identify new targets
and explore in sound jurisdictions.”
Overview of Prospecting
Programs
Quebec
A regional helicopter supported prospecting and
mapping program began at the Mirage project, outside the main area
of known mineralization. As the 2023 exploration campaign was
severely shortened due to forest fires, significant portions of the
project remain underexplored. The Mirage project has a total
surface area of 21,230 hectares with a potential mineralized
corridor of more than 12 kilometers. Already, new pegmatite
outcrops with low K/Rb ratios have been identified within this
corridor and on strike with the existing dykes drilled in the two
previous drill campaigns.
In preparation for the summer drill campaign to
be announced in the coming weeks, BRW has decided to expand its
assaying methodology at Mirage. Work completed to date indicates
that mineralized pegmatites have a broad lithium alteration halo
which stretches several dozen meters into the host rock, rapidly
enriching in proximity to lithium mineralization. Any anomalous
lithium content in the host rock could be indicative of new, buried
pegmatites. As such, ten drill holes, two which have intersected
mineralization at the start of the hole (MR-23-27 and MR-23-34) as
well as another eight holes which did not intersect pegmatite
(holes MR-23-23, 24 and MR-24-37, 42, 63, 68, 70 and 71), have been
sent for geochemical analysis (full collar table available on the
BRW website) with assays pending. Another two historical holes,
previously drilled by Osisko Mining in 2017, will also be sent for
assaying.
Furthermore, a targeted till program will be
conducted in the 3-kilometer boulder train to better define
potential drill targets. Results will be incorporated into the
forthcoming summer drill campaign which will also target the MR-6
dyke and sizeable lithium mineralization intersected in the
neighboring MR-24-60 drill hole.
Next, a regional prospecting, till and soil
program will be conducted at the Anatacau Main project, also
located in the James Bay area. The efforts will focus on the
Eastmain-Sorbier Shear Zone which hosts BRW’s Anatacau West
project, the 2023 Anais discovery at Anatacau Main and Arcadium’s
James Bay Project (Maiden Ore Reserve of 37.2Mt at 1.3% Li2O).
These efforts will lead to a maiden drill program at the Anais
Discovery at Anatacau Main property in H2 of this year.
At Elrond, a 6-hole drill program last winter
did not intersect significant mineralization within the
spodumene-bearing pegmatite. Assays are pending but are not
expected to return economic grades or widths. BRW remains focused
on delineating its best assets and eliminating targets that do not
meet its stringent requirements. It is currently evaluating the
next steps at Elrond.
Finally, in early July, the team will complete a
14-day prospecting and mapping program in the Nunavik Region, near
the community of Kuujjuak, targeting outcropping S-type pegmatites,
one of which is reported to contain lepidolite (purple Li-bearing
mica). Importantly, this area hosts over fifty outcropping
pegmatites located near tide water and has seen no previous
exploration focused on lithium.
SE Labrador
BRW’s prospecting team will move to the Port
Hope Simpson area of Labrador after it has completed all
high-priority prospecting in Quebec. The 10-day helicopter
supported prospecting and mapping program will test multiple
evolved S-type pegmatites that contain beryl and tourmaline that
have not seen any previous exploration.
Greenland
In late July, the company will start a 2-week
program near Nuuk, followed by a 1-week program in Paamiat. The
prospecting and mapping initiative will be based out of communities
and will target historical beryl and tourmaline-bearing S-type
pegmatites, some having anomalous geochemistry typically associated
with lithium-bearing pegmatites. These projects are also located
near tide water which would facilitate any ensuing drill
program.
Qualified Person
The scientific and technical information related
to Quebec has been reviewed and approved by Mr. Simon Hébert, VP
Development and Mr. François Goulet, Manager Quebec. They are both
Professional Geologists registered in Quebec.
The scientific and technical information related
to Labrador and Greenland has been reviewed and approved by Mr.
Charles Kodors, Manager Atlantic Canada. He is a Professional
Geologist registered in New Brunswick, Nova Scotia, Newfoundland
and Labrador, Quebec, Ontario, Manitoba and Saskatchewan.
About Brunswick Exploration
Brunswick Exploration is a Montreal-based
mineral exploration company listed on the TSX-V under symbol BRW.
The Company is focused on grassroots exploration for lithium, a
critical metal necessary to global decarbonization and energy
transition. The company is rapidly advancing one of the extensive
grassroots lithium property portfolios in Canada and Greenland.
Investor
Relations/information
Mr. Killian Charles, President and CEO
(info@BRWexplo.com)
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