Brunswick Exploration Outlines Fall Exploration Program
Brunswick Exploration Outlines Fall Exploration Program
MONTREAL, Oct. 06, 2021 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (“BRW” or the “Company”) is pleased to
provide an update on its exploration program planned this fall across its portfolio of projects.
Autumn 2021 Exploration Program
Quebec
• Lac Edouard (Nickel-Copper): prospecting and geological mapping is advancing across the property and a ground
geophysical survey is planned for November 2021. Drilling of the easterly-trending airborne conductor was not possible
last summer due to powerline and nearby lake physical constraints. Final assay results from the summer 2021 drill
campaign remain pending; a ground geophysical survey (deep-penetrating EM) is now scheduled for the fall to confirm
the airborne anomaly, and a second drill program is planned for early 2022.
• Waconichi (Zinc-Copper-Silver): a six-hole, 2000 m drill program has been outlined and is scheduled to begin in
early November 2021. The program will test airborne coincident TDEM-GG geophysical anomalies (coincident EM
conductors and gravity gradiometry highs). This will be the first time the company drill-tests anomalies related to this
technology, designed to detect dense, conductive bodies, presumably volcanogenic massive sulfide (VMS)
mineralization in this geological environment. A total of 22 coincident anomalies have been identified on the property
and this initial program will test the first five high-priority anomalies.
New Brunswick
• Fundy Gold (Gold-Copper-Silver): The prospecting campaign will continue until November. Current work has
highlighted select areas of interest where the Company will focus its efforts for the remainder of field season. A surface
stripping program will begin in late October at Roger’s Lake to follow up on multiple unexplained gold-in-soil anomalies
from the soil survey completed last year. Assay results from the 2021 regional till and gold HMC (heavy mineral
concentrates) programs are still pending.
• Bathurst Mining Camp (Zinc-Lead-Silver-Copper-Gold): During the past summer, a new geological model and
interpretation was completed, leveraging roughly 60 years of geological and geophysical data. This new interpretation
has led Brunswick’s technical team to identify 7 kilometers of Brunswick Horizon, immediately south of the Brunswick
No.6 mine (historical production 12.2 Mt @ 5.43% Zn, 2.15% Pb, 0.40% Cu, 67.00 g/t Ag) that was previously unknown
and untested. This newly interpreted horizon also hosts a 3-kilometer chargeability and coincident resistivity anomaly
from a reprocessed Titan 24 Survey. Drilling is expected to begin in late October; a minimum of ten holes
(approximately 3,500 meters) is planned to drill test this new horizon along with other regional targets.
Mr. Killian Charles, President of BRW, commented: “After a busy field season this past summer, we will maintain the drilling
momentum well into Q4 with two exciting projects. A minimum of 5,500 meters is currently planned targeting high priority
polymetallic Zn-Cu-Pb-Ag targets in both Quebec and New Brunswick. We will also continue our prospecting initiatives at
Fundy Gold into Q4 and will begin a stripping program covering a portion of the Roger’s Lake soils grid. With an active field
season in Q4, we will continue to aggressively explore and hope for a strong finish to 2021.”
Qualified Person
The scientific and technical information contained in this press release has been reviewed and approved by Mr. Charles
Kodors, P. Geo (New Brunswick), Exploration Manager New Brunswick, and Robert Wares, P. Geo (Quebec) and CEO of the
Company.
About Brunswick Exploration
The Company is a Montreal-based mineral exploration venture listed on the TSX-V under symbol BRW. The Company is now
focused on exploration and development of gold and base metal properties in Eastern Canada. Current projects include gold-
polymetallic vein systems in Southern New Brunswick (Fundy Gold Project), the Lac Édouard nickel-copper project in
Québec, base metals VMS in the Bathurst Camp in New Brunswick and in the Chibougamau region of Quebec (Waconichi).
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release
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.
Investor Relations/Information
Mr. Killian Charles, President ([email protected]).