BWR Exploration Inc. Provides Update on Permitting for Exploration on its Little Stull Lake Gold Project Northeastern Manitoba
BWR Exploration Inc. Provides Update on Permitting for Exploration
on its Little Stull Lake Gold Project Northeastern Manitoba
Toronto, Ontario, June 12, 2023 – BWR Exploration Inc. (BWR: TSX.V) (the “Company” or “BWR”)
is pleased to announce that active consultations continue with the Province of Manitoba and Manto Sipi
Cree Nation (“MSCN”) and that a “draft” exploration work permit is being systematically reviewed by
the Manitoba Permitting Office. Portions of the draft permit have already been shared with the Company
as well as the Leadership of MSCN. The proposed conditions under consideration are based on the Crown-
facilitated meetings with Indigenous Communities in the region, dating back to early 2018. Manitoba has
recently provided a “Consultation Report” dated May 31, 2023 to the MSCN Chief and Council for their
immediate review. The Report outlines what they heard at the meetings with community leadership and
members, the most recent of which were held on May 1 / 2, 2023 in the community of God’s River.
Consultation meetings are anticipated to continue over the next few weeks.
In a letter to BWR dated May 30, 2023, the Manitoba Ministry of Economic Development, Investment
and Trade (“EDIT”) has, subject to ongoing consultations with MSCN, recommended an Early -Stage
Exploration Work Permit pursuant to BWR’s December 2017 application for an exploration work permit
for its wholly owned Little Stull Lake Gold Project, located approximately 600 km northeast of Winnipeg,
Manitoba. BWR further understands that t his recommendation has also been communicated to MSCN
leadership; MSCN may request further consultation to inform the Company and the Crown about project
impacts and identify appropriate mitigation measures or accommodations, for possible inclusion in Permit
conditions, prior to a comprehensive decision being made on Permit issuance.
It is currently anticipated that a Permit, once issued, would describe and incorporate various project -
specific operating cond itions, including those meant to address the concerns of the MSCN community
and MSCN families that may warrant specific accommodations, which BWR interprets is forthcoming.
Nevertheless, all conditions will need to be adhered to regarding many aspects of the proposed early-stage
exploration program as outlined in the Permit. In this regard, BWR anticipates the re-drilling of numerous
existing historical drill sites by utilizing historical access trails and clearings. Pending consultation and
upon receipt of the Permit, camp preparatory work followed by an early -stage explora tion drilling
program is likely to commence before the end of the summer of 2023 and continue through the fall.
More details regarding the project and the proposed Permit conditions will be included in a follow -up
news release, where BWR will also be providing details as to the financing of this intriguing gold
exploration project in northeastern Manitoba.
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 accomplished group of
exploration/mining specialists with many decades of operational experience in the junior resource sector.
There are currently 106,010,461 shares issued and outstanding in the Company.
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 more information about BWR please visit our website:
http://www.bwrexploration.com
Or contact by telephone or email
Neil Novak, P.Geo., President, CEO &
Director, BWR Exploration Inc.
82 Richmond St. E
Toronto, ON M5C
1P1 Office: 416-848-
6866
Cautionary and Forward-Looking Statements
This news release includes certain forward -looking statements and forward -looking information (collectively, "forward -
looking statements") within the meaning of applicable Canadian securities legislation. Although the Company believes that
such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not
always, forward looking information can be identified by words such as "plans", "expects", "will", "may", "s hould",
"intends", “interprets’, "anticipates", "believes", "potential" or variations of such words including negative variations
thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or
achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievements of the Company to differ materially from any future results, performance or
achievements expressed or implied by the forward -looking statements. This forward -looking information reflects the
Company’s current beliefs and is based on information currently available to the Company and on assumptions the Company
believes are reasonable . Such ri sks and other factors may include, but are not limited to: general business, economic,
competitive, political and social uncertainties; general capital market conditions and market prices for securities; delay or
failure to receive board or regulatory approvals; the actual results of future operations; competition; changes in legislation,
including environmental legislation, affecting the Company; the timing and availability of external financing on acceptable
terms; and lack of qualified, skilled labour or loss of key individuals. A description of additional assumptions used to develop
such forward -looking information and a description of additional risk factors that may cause actual results to differ
materially from forward - looking information can be foun d in the Company’ s disclosure documents on the S ystem for
Electronic Document Analysis and Retrieval (“SEDAR”) website at www.sedar.com. Although the Company has attempted
to identify important factors that could cause actual results to differ materially from those contained in forward -looking
information, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers ar e
cautioned that the foregoing list of factors is not exhaustive. Readers are further cautioned not to place undue reliance on
forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are
placed will occur. Forward -looking information contained in this news release is expressly qualified by this cautionary
statement. The forward-looking information contained in this news release represents the expectations of the Company as of
the date of this news release and, accordingly, is subject to change after such date. However, the Company expressly
disclaims any intention or obligation to update or revise any forward -looking information, whether as a result of new
information, future events or otherwise, except as expressly required by applicable securities law.