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Brunswick Exploration Expands Lithium Exploraton into Newfoundland and Announces Purchase Agreement in Nova Scotia
MONTREAL, May 17, 2022 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (“BRW” or the “Company”) is pleased to announce that it has staked multiple claim groups i
About this update from Brunswick Exploration, Inc.
[{"type":"text","content":" MONTREAL, May 17, 2022 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (“BRW” or the “Company”) is pleased to announce that it has staked multiple claim groups in southern Newfoundland, comprising three different project areas located between the communities of Port aux Basques and Rencontre East, Newfoundland. The total package comprises 9 licenses and 1,327 claims with a total surface area of 33,093 hectares located near the areas of Port aux Basques, Hermitage and Rencontre East. The properties contain over 40 mapped S-type pegmatites that have seen no exploration for lithium. Claims were staked based on preferred geologic environments, government of Newfoundland till and rock samples, historical mapping and assessment reports. The project areas are also in close proximity to the Avalonia / Ganderia boundary that extends from Piedmont Lithium in the Carolinas to the Cornish Tin region in the United Kingdom. Mr. Killian Charles, President of BRW, commented: “Our targeting formula for systematic lithium and tin exploration has highlighted the opportunity to further expand into Eastern Canada. Newfoundland is regarded as highly supportive jurisdiction for exploration and mining in the world and the recent discovery of lithium-bearing pegmatites highlights the untapped potential for critical mineral exploration in a province that has been historically focused on orogenic gold, iron ore and base metals. Our initial exploration program in Newfoundland will focus on prospecting and till sampling which are expected to begin in Q3 2022.” Nova Scotia Purchase Agreement In addition to the claim package already staked in Nova Scotia (see March 22, 2022 press release), BRW has acquired an additional property by way of a purchase agreement. The property is adjacent to Brunswick Exploration’s land package and is located near New Ross, Nova Scotia. The property was strategically acquired to assess the potential of historical showings discovered from the 1890’s to 1960’s containing anomalous lithium and tin in diamond drill holes, grabs and soil samples in areas of greisen and pegmatitic dykes. BRW will be relogging historical core stored at the government core storage facility in Stellarton, expanding historical soil sampling grids and will be applying for permits to trench and/or drill test the anomalous results. Prospecting, and soil sampl...