Brunswick Exploration Starts Winter Drilling Campaign at Mirage
20 January 2025 - 11:00PM
Brunswick Exploration Inc. (TSX-V: BRW, OTCQB:
BRWXF; FRANKFURT:1XQ; “
BRW” or the
“
Company”) is pleased to announce that it has
started a new drilling campaign at the Mirage project located in
the Eeyou Istchee-James Bay region of Quebec. The program,
consisting of a minimum 5,000 meters, will focus on several
untested exploration targets east and west of the Central Zone
corridor. In a second phase, BRW will target potential expansions
of MR-3, MR-6 and the stacked dyke system along their lateral
extensions and at depth.
Mr. Killian Charles, President and CEO of BRW,
commented: “I am particularly excited to see this new campaign
begin at Mirage as many of the planned targets in this campaign are
undrilled, unlike during the prior summer campaign. These new
targets are located along the Central Zone corridor where we have
consistently seen the largest pegmatites at Mirage, including the
MR-6 and MR-3 dykes. Due to logistical constraints, we have been
unable to drill them until now.
Importantly, we also will be drilling an
entirely new mineralized dyke system located 4.5 kilometers to the
northeast of the Central Zone. This is the first time BRW is
drilling in this high potential area and it represents the largest
step-out from the current area of focus since the start of drilling
in 2023.”
Figure 1: Mirage Target Location
Mirage Project Drill
Program
The 2025 winter campaign is anticipated to drill
a minimum of 5,000 meters over a period of three months. The
campaign will have two priority objectives: test several undrilled
targets across the Mirage project and continue step-out drilling
for MR-3, MR-6 and the stacked dyke system (see Figure 1).
These high-priority undrilled targets were
uncovered in the 2023 and 2024 prospecting campaigns or through
subsequent geophysical surveys and consist of spodumene-bearing
pegmatites outcropping at surface and low gravimetric anomalies
with neighbouring geochemical lithium anomalies. Their proximity to
shallow lakes makes them ideal candidates for ice drilling, and due
to the warmer winter and poor ice formation in 2024, BRW was unable
to previously access them.
In the Central Zone, drilling will initially
test the MR-6 to the north where it remains open and continue to
follow the MR-3 dyke down-dip to the south. Interestingly, previous
drilling at MR-3 indicated potential for thickening of the dyke
(see news release dated January 9 2025). BRW will also look to
drill the stacked dyke system to the east where it remains open
with several significant intercepts.
Qualified Person
The scientific and technical information
contained in this press release has been reviewed and approved by
Mr. Simon T. Hébert, VP Development. He is a Professional Geologist
registered in Quebec and is a Qualified Person as defined by
National Instrument 43-101.
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 in
Canada, a critical metal necessary to global decarbonization and
energy transition. The company is rapidly advancing the most
extensive grassroots lithium property portfolio in Canada and
Greenland.
Investor
Relations/information
Mr. Killian Charles, President and CEO
(info@brwexplo.ca)
Cautionary Statement on Forward-Looking
Information
This news release contains "forward-looking
information" within the meaning of applicable Canadian securities
legislation based on expectations, estimates and projections as at
the date of this news release. Forward-looking information involves
risks, uncertainties and other factors that could cause actual
events, results, performance, prospects and opportunities to differ
materially from those expressed or implied by such forward-looking
information. Factors that could cause actual results to differ
materially from such forward-looking information include, but are
not limited to, delays in obtaining or failures to obtain required
governmental, environmental or other project approvals;
uncertainties relating to the availability and costs of financing
needed in the future; changes in equity markets; inflation;
fluctuations in commodity prices; delays in the development of
projects; the other risks involved in the mineral exploration and
development industry; and those risks set out in the Corporation’s
public documents filed on SEDAR at www.sedar.com. Although the
Corporation believes that the assumptions and factors used in
preparing the forward-looking information in this news release are
reasonable, undue reliance should not be placed on such
information, which only applies as of the date of this news
release, and no assurance can be given that such events will occur
in the disclosed time frames or at all. The Corporation disclaims
any intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events
or otherwise, other than as required by law. Neither the TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this news
release.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/7b5262f6-8e80-41d8-b5f4-fc0ced3dd873
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