Brunswick Exploration Acquires Additional Lithium and Tin Properties in Nova Scotia
March 22 2022 - 7:00AM
Brunswick Exploration Inc. (“
BRW”
or the “
Company”) is pleased to announce that it
has staked multiple claim groups in west central Nova Scotia,
totaling 115,837 hectares, all within the huge peraluminous South
Mountain Batholith
, located roughly 30 kilometers
west of Halifax, Nova Scotia.
Mr. Killian Charles, President of BRW,
commented: “We have further expanded our grassroot lithium
portfolio with additional properties in Nova Scotia. Once more, we
are the first to assemble comprehensive regional critical metals
properties and we believe we have secured the best targets
throughout the province. Nova Scotia is a great jurisdiction with a
storied mining history and current operating mines. BRW has now
secured a host of exciting targets in Quebec, New Brunswick and
Nova Scotia and we continue to see multiple opportunities to expand
our portfolio. Our Phase 1 exploration program will focus on
prospecting and soil/stream sampling and is expected to begin in Q2
in all three provinces. We look forward to putting Eastern Canada
on the map for critical metal exploration and discovery.”
The combined critical metals land package in New
Brunswick and Nova Scotia (see map) includes 2000 claims covering a
surface in excess of 150,000 hectares. This rapidly growing
portfolio contains multiple historical showings and over 150
peraluminous pegmatite dykes coincident with lithium till and rock
anomalies that have seen no exploration.
Nova Scotia Critical Metals Project
Overview
The properties comprise 87 licenses and 6,524
claims with a total surface area of 105,624 hectares, located
roughly 30 kilometers west of Halifax. The properties contain over
100 pegmatite dykes within the South Mountain Batholith (“SMB”)
that have seen no exploration for lithium (spodumene
mineralization). Government of Nova Scotia till samples were taken
at roughly 2-kilometer spacing over areas underlain by multiple
Devonian granitoids of the SMB as well as Cambrian Meguma
sediments. Multiple till and rock samples from the government
database returned highly anomalous lithium and tin values. It is
important to note that the East Kemptville Tin mine (Rio Algom 1985
– 1992) and the Brazil Lake lithium deposit are within, or in close
proximity to, the SMB.
Qualified Person
The scientific and technical information
contained in this press release has been reviewed and approved by
Mr. Charles Kodors, Manager New Brunswick of Brunswick Exploration.
He is a Profession Geologist registered in New Brunswick, Nova
Scotia and Quebec.
About Brunswick Exploration
The Company is a Montreal-based mineral
exploration venture listed on the TSX-V under symbol BRW. The
Company is focused on grassroot exploration for metals necessary to
decarbonization and energy transition with a particular focus on
lithium, tin and copper. The company is focused on rapidly
advancing the most extensive grassroot lithium exploration claim
package in Eastern Canada.
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.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/ccc4e922-8af8-4c0a-98b5-595cb12aa185
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