Brunswick Exploration Announces Start of Major Prospecting Campaign in Eeyou Istchee-James Bay
August 29 2023 - 7:00AM
Brunswick Exploration Inc. (TSX-V: BRW;
“
BRW” or the “
Company”) is
pleased to announce that it has begun a major helicopter-supported
prospecting initiative in the Eeyou Istchee-James Bay
(“
James Bay”) region of Quebec. BRW will operate
from three camps simultaneously to aggressively prospect its
portfolio. Currently, BRW controls one of the most prospective
lithium portfolios in the James Bay with over 250 pegmatite dykes,
measuring over 500 meters, across 60 projects.
Mr. Killian Charles, President and CEO of BRW,
commented: “Following the rapid discovery of multiple, sizeable
spodumene-bearing outcrops at Mirage, we have begun an aggressive
campaign to field check the rest of our portfolio. With the end of
restrictions related to forest fires, we have redirected all our
efforts to the James Bay. Work will initially focus on the Mythril,
PLEX, Elrond and Anatacau projects before moving to the other
across our other projects.
Start of Prospecting in Eeyou
Istchee-James Bay
BRW will operate from three camps during the
autumn prospecting campaign: the PLEX camp, the Wabamisk camp (near
Anatacau) and the Mirage Outfitter. A minimum of three helicopters
will support the initiative with up to six teams operating at any
one time. Prospecting is currently underway at Mirage with teams
expected to arrive at both the Wabamisk and PLEX camp in the coming
days. Prospecting will continue for a minimum of six weeks or for
as long as weather conditions permit it. Drilling at Mirage,
planned for early September, will occur concurrent to the
prospecting campaign.
BRW’s portfolio in the James Bay consist of 60
projects with more than 250 pegmatites measuring over 500 meters in
strike extent. In addition, there exist hundreds of further
pegmatite targets below this 500-meter threshold. Only at PLEX,
compilation work has identified over 200 targets to field check.
All projects in the James Bay portfolio are situated within 40km
from existing infrastructure with the majority of targets being
less than 20km from road or power infrastructure.
Qualified Person
The scientific and technical information
contained in this press release has been reviewed and approved by
Mr. François Goulet, Manager Quebec. 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.
Investor
Relations/information
Mr. Killian Charles, President and CEO
(info@BRWexplo.com)
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Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release
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Information
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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
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materially from those expressed or implied by such forward-looking
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not limited to, delays in obtaining or failures to obtain required
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uncertainties relating to the availability and costs of financing
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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
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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
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information, whether as a result of new information, future events
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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
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