Brunswick Exploration Stakes Multiple Highly Prospective Regional Lithium Projects in Saskatchewan and Manitoba
January 17 2023 - 7:00AM
Brunswick Exploration Inc. (“
BRW”
or the “
Company”) is pleased to announce that it
has map-staked 135 outcropping, untested S-type pegmatites,
measuring between 500 and 14,500 meters in strike length, in
Saskatchewan and Manitoba over a surface area of 81,288 hectares.
The newly claimed pegmatites were identified following compilation
work by BRW and all are within approximately 50 kilometers from
existing road or power infrastructure.
Mr. Killian Charles, President and CEO of BRW,
commented: “We are very pleased to expand into Western Canada with
such a robust and prospective portfolio of targets. Saskatchewan
and Manitoba are reliable mining jurisdictions and boast some of
the best outcrop exposure that we have seen in the Canadian Shield.
Importantly, most of our package is within the Trans-Hudson belt
which hosts lithium deposits in the Snow Lake region of Manitoba
and the Black Hills of South Dakota. Currently, Manitoba hosts the
only producing Lithium-Cesium-Tantalum (“LCT”) mine in Canada and
it is surprising that more exploration work hasn’t been done in
either province. These impressive grass-roots packages are a
tremendous addition to our Canadian portfolio with
helicopter-supported prospecting expected to start in Q2 2023.”
Saskatchewan
Trans-Hudson
The Trans-Hudson Project comprises 36 claims
with a total surface area of 79,892 hectares, located roughly
around and in between the communities of Creighton, La Ronge, and
Southend in central Saskatchewan. The properties contain 124 mapped
and interpreted pegmatites that are between 0.5 and 14.5 kilometers
in strike length. Pegmatites were staked based on preferred
geologic environments, historical geochemistry and historical
mapping. Importantly, they have seen little to no exploration for
lithium. The Trans-Hudson orogeny is a series of Paleoproterozoic
volcanic and metasedimentary belts that join the Superior,
Hearne-Rae and Wyoming cratons of the Archean. This package hosts
numerous mafic volcanics, felsic volcanics, granitoids, gneisses,
metasediments, quartzites, marbles and pegmatites. Many pegmatites
are described as white and containing beryl, tourmaline, garnet
and/or muscovite, which indicates they are S-type and have
potential to host LCT mineralization.
Lake Athabaska
This Project comprises 1 claim with a total
surface area of 1,386 hectares, located roughly 75 kilometers west
of Uranium city, near the border with Alberta. The property
contains 2 mapped pegmatites that are roughly 1,500 meters in
strike length. Claims were staked based on preferred geologic
environments and historical mapping and have seen no prior lithium
exploration.
Manitoba
Lynn Lake
The company has applied for 3 Mineral
Exploration Licenses with a total surface area of 27,163 hectares,
located roughly 20 kilometers north-west of Lynn Lake, near the
border with Saskatchewan. Lynn Lake is a well-established mining
hub in Northern Manitoba with all necessary infrastructure in
place. The property contains 9 mapped pegmatites that are between
500 and 8,500 meters in strike length. Claims were staked based on
preferred geologic environments and historical mapping that have
seen little to no lithium exploration. This project is within the
Paleoproterozoic Trans-Hudson belt that extends to BRW claims
located in Saskatchewan.
Qualified Person
The scientific and technical information
contained in this press release has been reviewed and approved by
Mr. Charles Kodors, Manager Atlantic Canada of Brunswick
Exploration. He is a Profession Geologist registered in New
Brunswick, Nova Scotia, Ontario and Saskatchewan.
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
Eastern 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 with holdings in Quebec, Ontario, Saskatchewan, Manitoba
and Atlantic Canada.
Investor
Relations/information
Mr. Killian Charles, President and CEO
(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.
Brunswick Exploration (TSXV:BRW)
Historical Stock Chart
From Jun 2024 to Jul 2024
Brunswick Exploration (TSXV:BRW)
Historical Stock Chart
From Jul 2023 to Jul 2024