12:20 PM EST, 02/03/2025 (MT Newswires) -- Brunswick Exploration ( BRWXF ) on Monday reported preliminary metallurgical results from test work on drill core samples from the Mirage Lithium Project.

The test was conducted by SGS Canada in Lakefield, Ontario, and comprised of heavy liquid separation (HLS) testing, and dense media separation (DMS) testing.

The company has identified a flow sheet consisting of crushing followed by dense media separation only with no need for flotation. Projects with similar flow sheet have consistently demonstrated lower milling operating cost to achieve industry standard concentrate grade of 5.5% lithium.

Preliminary recoveries of 76% producing a spodumene concentrate grading 5.5% Li2O for HLS testing and recoveries of 68.4% producing a spodumene concentrate grading 5.7% Li2O for DMS testing both at coarse grain size.

Further test work is planned in 2025 to build upon this initial set of results with opportunities to increase DMS recoveries already have been identified.

The company's shares were last seen down $0.01 to $0.13 on the TSX Venture Exchange.

Price: 0.13, Change: -0.01, Percent Change: -7.14