Brunswick Exploration Announces Start of 2021 Exploration Campaign
April 20 2021 - 8:00AM
Brunswick Exploration Inc. (“
BRW”
or the “
Company”) is pleased to announce the start
of its 2021 exploration programs across its portfolio of projects
in Quebec and New Brunswick, Canada.
New Brunswick
-
Fundy Gold (Gold-Silver-Copper): BRW has assembled
a field team of experienced prospectors to further investigate the
very encouraging gold-in-soil anomalies, including 16,200 ppb Au
(see news release dated March 16th) in the Roger’s Lake area. The
2021 prospecting program will cover the entire property over the
coming months. BRW is also commencing a five hundred metre spaced
regional till survey in May to further refine areas of interest
across its entire 53,000 hectares of mineral claims.
-
Bathurst Mining Camp (Zinc-Lead-Copper-Silver): A
newly-interpreted lithological model of the prolific Brunswick Belt
from Brunswick No.12 to Gilmour South is nearly complete (Figure
1). This interpretation has identified 8 kilometres of unexplored
Brunswick Belt along strike from the past-producing Brunswick No.6
mine. BRW will drill test this newly identified extension as well
as some coincident Titan 24 geophysical anomalies in H2 2021.
Quebec
-
Lac Édouard (Nickel-Copper-Cobalt): Drilling is
expected to begin in June for a minimum of 3,000 meters to test the
mineralized system along strike and down dip of the historical
massive sulfide zone. Prospecting has begun across the entire
property to follow up on several unexplained nickel geochemical
anomalies.
-
Waconichi (Zinc-Copper-Silver VMS): An airborne
gravity gradiometry survey has just been completed. The survey will
allow BRW to filter out selected airborne electromagnetic targets
for drilling in H2 2021.
Mr. Killian Charles, President of BRW,
commented: “Following the highly encouraging results from our 2020
field program at Fundy Gold, we are excited to begin rigorous
prospecting and a regional till survey throughout our extensive
land package. Furthermore, with drilling planned at both Lac
Édouard and the Bathurst Mining Camp, we expect the summer months
to be very exciting for the Company. BRW intends to spend over
$3.5M across its portfolio of assets and is fully financed to
complete its 2021 exploration program.”
About Brunswick Exploration
The Company, formerly Komet Resources Inc., is
part of the Osisko Group of companies and is a Montreal-based
mineral exploration venture listed on the TSX-V under symbol BRW.
The Company has sold its former African assets and 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), base metals
VMS in the Bathurst Camp in northern New Brunswick and in the
Chibougamau region of Quebec (Waconichi), and the new Lac Édouard
nickel-copper project in Québec.
Investor
Relations/information
Mr. Killian Charles, President
(info@BRWexplo.com).
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.
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