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Brunswick Exploration Expands Its Exceptional Grassroot Portfolio Across Quebec and Greenland
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Brunswick Exploration Expands Its Exceptional Grassroot Portfolio Across Quebec and Greenland
Mar 26, 2024 10:53 AM

01:32 PM EDT, 03/26/2024 (MT Newswires) -- Brunswick Exploration Inc. ( BRWXF ) announced Tuesday that, pursuant to its exploration campaign which led to three new discoveries including the flagship Mirage Project, it has expanded its portfolio of targets and map-staked over 215 outcropping, mapped and/or interpreted, untested S-type pegmatites, measuring between 500 and 8,800 metres in strike length.

These new targets are located in areas that have seen minimal or no current lithium exploration in Quebec, Labrador and, for the first time, Greenland.

Killian Charles, President and CEO of BRW, said in a statement: "Concurrent to our plans to rapidly advance the Mirage project in Quebec, where we excitedly await to release our first results next month from the winter campaign, we will continue to leverage our unique expertise and acquire domestic and global opportunities that combine sound fundamentals with high-quality targets. Our cost-effective grassroot strategy provides our shareholders maximum exposure to this generational lithium exploration boom and we are delighted to kick-start these initiatives in Q3 2024, with the goal of making significant discoveries to feed both North American and European markets."

The newly acquired pegmatites were identified following extensive compilation work by BRW and most are located near existing roads, power infrastructure and/or tidal water.

In the James Bay area, the new area of interest comprises 538 claim units with a total surface area of 26,642 hectares, located roughly northwest of lake Canipiscau and northeast of the Mirage Project. The new claims contain multiple mafic belts that have a rough strike length of 12-20 kilometres with multiple documented pegmatites.

In the Nunavik area, rhe project comprises 511 claim units with a total surface area of 23,519 hectares and most claims are located roughly 20-90 kilometres from the community of Kuujjuaq and are close to tide water. Compilation work has identified a minimum of 64 mapped pegmatites that are roughly 500 to 2,900 metres in strike length.

In southeast Labrador, the company has staked 55 licenses with a total surface area of 7,051 hectares, located near and in between the areas of Cartwright, Port Hope Simpson and the intersection of highway 510 and 516, in southeast Labrador.

In Greenland, the project contains one proposed mineral exploration license, containing five blocks, with a total surface area of 49,562 hectares, located between 10 and 90 kilometres from the capital of Greenland, Nuuk.

Price: 0.38, Change: -0.02, Percent Change: -5.63

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