Brunswick Launches Maiden Drilling Campaign at Elrond
21 2월 2024 - 9:00PM
Brunswick Exploration Inc. (TSX-V: BRW, OTCQB:
BRWXF; “
BRW” or the “
Company”) is
pleased to announce that it has begun construction of a winter road
for a drilling campaign at the Elrond project, located in Eeyou
Istchee-James Bay Region of Quebec. This maiden drilling campaign
will begin in March and will test the Arwen spodumene-bearing
pegmatite that was discovered during prospecting last September by
the BRW team. The Arwen showing and the Elrond property have never
been drilled.
The Arwen pegmatite is exposed over a surface
area measuring approximately 250 meters by 100 meters, dipping
shallowly to the north. The outcrop is well mineralized and three
representative grab samples returned values between 1 and 3% Li2O.
The pegmatite remains open in all directions (see press release
dated October 3rd, 2023). Previous to drilling activities, a
high-resolution airborne magnetic survey was flown in the fall of
2023 and suggests that the Arwen showing is emplaced in a favorable
structural corridor that is 4km long and 500m wide. The target area
is proximal to infrastructure, located approximately 12km from the
Billy-Diamond Highway and drilling activities will be ground
supported via a winter road.
Mr. Killian Charles, President and CEO of BRW,
commented: “In 2023, BRW made three significant grassroot
discoveries including Mirage (where a winter campaign is currently
underway), Arwen and Anatacau Main. With the start of another
drilling campaign, BRW is aggressively advancing its portfolio and
building upon its recent discoveries. I am particularly excited by
the size of the Arwen showing and this new drill program will test
the extension of the discovery at depth and along-strike with the
goal to prove the potential of the Elrond project.”
Figure 1: Aerial view of the
Arwen showing
About Elrond:
The Elrond Project comprises 136 claims with a
total surface area of 7,048 hectares, located roughly 12 kilometers
east of the Billy Diamond Highway in Quebec’s James Bay region. The
Elrond Project is part of the Mythril Option agreement with Midland
Exploration Inc. whereby BRW can earn a maximum of 85% interest in
the project. For further details see press release dated November
10 2022.
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.ca)
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/813d8917-03bb-4ff8-8a43-9e0d8d3041bd
Brunswick Exploration (TSXV:BRW)
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부터 4월(4) 2024 으로 5월(5) 2024
Brunswick Exploration (TSXV:BRW)
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부터 5월(5) 2023 으로 5월(5) 2024