BWR commences exploration of Little Stull Lake Project, Airborne Magnetic Survey scheduled over Mineral Exploration Licenses
BWR commences exploration of Little Stull Lake Project, Airborne Magnetic Survey scheduled over
Mineral Exploration Licenses
August 14, 2017 - Toronto, Ontario – BWR Exploration Inc. (TSXV:BWR) (“BWR”) is pleased to provide an
exploration update on its Little Stull Lake Gold Project, lo cated in Northeastern Manitoba. BWR previously
announced (July 27, 2017) the issuance of two Mineral Exploration Licenses to Puma that cover 388 square
kilometers of favorable exploration land that essentially ties up most of the Manitoba portion of the Wolf
Bay Shear Zone.
The two Puma MEL’s have now been officially transferred to BWR , and pursuant to the agreement with
Puma; upon notification of the transfer of the MEL’s to BWR by M anitoba Ministry of Growth, Enterprise
and Trade (“Manitoba MGET”) , BWR must make a $50,000 payment to Puma for each MEL within 30 days.
BWR is pleased to announce that it has now made these two payments to Puma totaling $100,000 as
contemplated in the October 5, 2016 agreement.
During the MEL application process, BWR acted on behalf of the applicant (Puma) during discussions with
Indigenous Communities in the project area, BWR proposed a low impact airborne aeromagnetic survey
over the MEL defined project area , the survey to be of a size and scope as required to meet the exploration
requirements on the MELs for the first year. A portion of the proposed survey was designed to focus on the
historical drilled area referred to as the West Zone (located within MEL 10 26A) with high density flight-line
airborne coverage over 14 kilomet er strike length , and with less dense flight-line coverage over the more
distal outlying areas (MEL 426A) that lay along st rike to the west- northwest for a further 26 kilometers .
The airborne survey is scheduled to be completed over the next few weeks. Certain areas within the survey
block will be excluded from the airborne survey at the request of the two communities, due to the presence
of Traditional Lane Entitlement (“TLE”) areas that are reserved for members of God’s River and God’s Lake
First Nations. The results of the aeromagnetic survey will be used in planning future exploration work in the
MEL’s as well as over the f ive historical drilled areas. Upon completion of the survey, additional filing is
required including a copy of the airborne survey report and expenditure amount to fulfill the year one
exploration commitment.
BWR is currently planning and preparing for an exploration program focussed on the West Zone that will be
designed to replicate some selected holes as needed to validate previous (historical) drill results, prior to
incorporating the historical information into an updated resource estimate. Historical holes drilled by
Westmin and others in the period 1985 -2007 returned significant intersections of gold mineralization , as
highlighted in the NI 43-101 report that has been filed on the project. (see December 22, 2016 SEDAR filing
entitled “NI -43-101 Technical Report on the Little Stull Lake Gold Project, NE Manitoba” as prepared by
Patrick N. Chance, M.Sc., P.Eng. dated December 2, 2016).
Neil Novak, President and CEO of BWR states: “ The airborne survey has been awarded to a very reliable and
reputable survey company, Tundra Airborne Surveys of St. Cath arines, Ontario. The processing of the data
will be done by Scott Hogg and Associates of Toronto, using their proprietary processes, to identify
structures that h ave disrupted or re -aligned magnetically rendered formational features, as needed in
understanding the structural elements of the region, all of which are related to the gold mineralizing
event(s) at Little Stull Lake.”
BWR Exploration Inc. is a public company focused on exploring for base and precious metals, with its
flagship Little Stull Lake Gold Project in NE Manitoba along with other exploration projects in Northern
Ontario, and Northern Quebec, Canada. Management of BWR includes an ac complished group of
exploration/mining specialists with many decades of operational experience in the junior resource sector.
There are currently 55,727,461 shares issued in BWR.
This press release may contain forward -looking statements. Such forward -looking statements involve
known and unknown risks, uncertainties and other factors which may cause the actual results, performance
or achievements of BWR Exploration Inc. to be materially different from actual future results and
achievements expressed or impli ed by such forward- looking statements. Readers are cautioned not to place
undue reliance on these forward -looking statements which speak only as of the date the statements were
made, except as required by law. BWR Exploration Inc. undertakes no responsibil ity to publicly update or
revise any forward-looking statements. These risks and uncertainties include: the uncertainty of completing
the airborne survey over the MELs or that actual results obtained by BWR in the future may differ
materially from the hist orical results described in this press release, which historical results have not been
verified by BWR. In addition, readers of this press release should review the risks and uncertainties that
are described in the quarterly and annual reports and in the documents submitted to the securities
administration. Neither the Toronto 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 release.
For information about BWR Exploration Inc. please visit our website:
http://www.bwrexploration.com or call/email:
Neil Novak, P.Geo., President, CEO & Director,
BWR Exploration Inc.
82 Richmond St. E
Toronto, ON M5C 1P1
Office (416) 848 6866
For additional information regarding BWR please contact:
Carl Desjardins, Paradox Public Relations
Office: (514) 341 0408