Brunswick Announces Inferred Mineral Resource of 52.2 Mt Grading 1.08% Li2O on Globex’s 3% GMR Royalty Claims
Globenewswire·2026-01-12 14:00

Core Insights - Brunswick Exploration Inc. has released its maiden lithium resource on Globex's Lac Escale Royalty claims, which is considered one of the largest undeveloped hard rock lithium resources in the Americas [1] Mineral Resource Estimate (MRE) Summary - The MRE indicates an inferred resource of 52.2 million tonnes at a grade of 1.08% Li2O and 131 ppm Ta2O5 at a cut-off grade of 0.5% Li2OEq, totaling over 550,000 tonnes of contained lithia [3][8] - Additional exploration targets suggest a potential of 40 million to 50 million tonnes grading between 0.80% and 1.10% Li2O and 120 ppm to 145 ppm Ta2O5, indicating significant growth opportunities [8] - The resource is confined to a core area measuring approximately 1.5 by 3.0 kilometers, with over 70% of the MRE contained within five dykes above a vertical depth of 150 meters from the surface [8] Exploration and Development Potential - The MRE was estimated after only 23,626 meters of drilling and 62 channel samples, which is significantly less than peer projects, suggesting room for further exploration and resource definition [8] - Metallurgical test work indicates the potential for a dense media separation processing flowsheet, producing high-quality concentrate [8] - Brunswick is planning its next drill campaign for the Mirage Project, focusing on continued exploration efforts in the core area and throughout the property [19]