Brunswick Exploration Outlines Fall Exploration Program
06 October 2021 - 10:00PM
Brunswick Exploration Inc. (“
BRW”
or the “
Company”) is pleased to provide an update
on its exploration program planned this fall across its portfolio
of projects.
Autumn 2021 Exploration
Program
Quebec
- Lac Edouard
(Nickel-Copper): prospecting and geological mapping is
advancing across the property and a ground geophysical survey is
planned for November 2021. Drilling of the easterly-trending
airborne conductor was not possible last summer due to powerline
and nearby lake physical constraints. Final assay results from the
summer 2021 drill campaign remain pending; a ground geophysical
survey (deep-penetrating EM) is now scheduled for the fall to
confirm the airborne anomaly, and a second drill program is planned
for early 2022.
- Waconichi
(Zinc-Copper-Silver): a six-hole, 2000 m drill program has
been outlined and is scheduled to begin in early November 2021. The
program will test airborne coincident TDEM-GG geophysical anomalies
(coincident EM conductors and gravity gradiometry highs). This will
be the first time the company drill-tests anomalies related to this
technology, designed to detect dense, conductive bodies, presumably
volcanogenic massive sulfide (VMS) mineralization in this
geological environment. A total of 22 coincident anomalies have
been identified on the property and this initial program will test
the first five high-priority anomalies.
New Brunswick
- Fundy Gold
(Gold-Copper-Silver): The prospecting campaign will
continue until November. Current work has highlighted select areas
of interest where the Company will focus its efforts for the
remainder of field season. A surface stripping program will begin
in late October at Roger’s Lake to follow up on multiple
unexplained gold-in-soil anomalies from the soil survey completed
last year. Assay results from the 2021 regional till and gold HMC
(heavy mineral concentrates) programs are still pending.
- Bathurst Mining Camp
(Zinc-Lead-Silver-Copper-Gold): During the past summer, a
new geological model and interpretation was completed, leveraging
roughly 60 years of geological and geophysical data. This new
interpretation has led Brunswick’s technical team to identify 7
kilometers of Brunswick Horizon, immediately south of the Brunswick
No.6 mine (historical production 12.2 Mt @ 5.43% Zn, 2.15% Pb,
0.40% Cu, 67.00 g/t Ag) that was previously unknown and untested.
This newly interpreted horizon also hosts a 3-kilometer
chargeability and coincident resistivity anomaly from a reprocessed
Titan 24 Survey. Drilling is expected to begin in late October; a
minimum of ten holes (approximately 3,500 meters) is planned to
drill test this new horizon along with other regional targets.
Mr. Killian Charles, President of BRW,
commented: “After a busy field season this past summer, we will
maintain the drilling momentum well into Q4 with two exciting
projects. A minimum of 5,500 meters is currently planned targeting
high priority polymetallic Zn-Cu-Pb-Ag targets in both Quebec and
New Brunswick. We will also continue our prospecting initiatives at
Fundy Gold into Q4 and will begin a stripping program covering a
portion of the Roger’s Lake soils grid. With an active field season
in Q4, we will continue to aggressively explore and hope for a
strong finish to 2021.”
Qualified Person
The scientific and technical information
contained in this press release has been reviewed and approved by
Mr. Charles Kodors, P. Geo (New Brunswick), Exploration Manager New
Brunswick, and Robert Wares, P. Geo (Quebec) and CEO of the
Company.
About Brunswick Exploration
The Company is a Montreal-based mineral
exploration venture listed on the TSX-V under symbol BRW. The
Company is now focused on exploration and development of gold and
base metal properties in Eastern Canada. Current projects include
gold-polymetallic vein systems in Southern New Brunswick (Fundy
Gold Project), the Lac Édouard nickel-copper project in Québec,
base metals VMS in the Bathurst Camp in New Brunswick and in the
Chibougamau region of Quebec (Waconichi).
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release
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.
Investor Relations/Information
Mr. Killian Charles, President (info@BRWexplo.com).
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