Brunswick Exploration Announces Inferred Mineral Resource of 52.2Mt at 1.08% Li2O at Mirage with Additional Exploration Target

Core Insights - Brunswick Exploration Inc. announced a maiden open-pit Mineral Inferred Resource Estimate of 52.2 million tonnes (Mt) grading 1.08% Li2O and 131 ppm Ta2O5 for its Mirage Project in Quebec, Canada, marking a significant milestone for the company [1][3][24] Company Overview - Brunswick Exploration is focused on grassroots exploration for lithium, a critical metal for global decarbonization and energy transition, and is rapidly advancing its lithium property portfolio in Canada, Greenland, and Saudi Arabia [24] - The company has established itself as one of the most aggressive lithium exploration firms globally, with multiple significant discoveries in Quebec and new international projects [3][24] Resource Estimate Details - The Inferred Resource Estimate of 52.2 Mt at 1.08% Li2O and 131 ppm Ta2O5 is among the largest undeveloped hard rock lithium resources in the Americas, with over 70% of the resource contained within five dykes located near the surface [5][19] - An additional Exploration Target of 40 Mt to 50 Mt grading between 0.80% and 1.10% Li2O and 120 ppm to 145 ppm Ta2O5 indicates potential for near-term growth [5][13] - The resource estimate was based on only 23,626 meters of drilling and 62 channel samples, significantly less than peer projects, suggesting substantial exploration potential remains [5][19] Future Plans - The company is planning its next drill campaign at the Mirage Project to further explore the core area and the length of the project, with spodumene-bearing pegmatite dykes identified up to 3.5 km along strike from the current pit shell [22]