Investor Perception
With a number of important lithium discoveries below its belt and a confirmed exploration technique that yields outcomes, Brunswick Exploration makes a compelling funding proposition within the ever-expanding lithium house.
Overview
Brunswick Exploration (TSXV:BRW,OTCQB:BRWXF,1XQ:FF) is one among North America’s few publicly traded corporations aggressively pursuing grassroots lithium exploration throughout Canada and Greenland. The corporate is leveraging cutting-edge exploration applied sciences and systematic geological fieldwork to uncover new spodumene-bearing pegmatite discoveries in underexplored districts.
Brunswick has staked and is actively exploring large-scale pegmatite fields in Quebec and each western and jap Greenland. Its multi-regional technique is designed to fast-track discoveries of high-grade lithium deposits to satisfy rising international demand pushed by the vitality transition.
Brunswick’s exploration course of begins with complete information compilation and geological evaluation to pinpoint promising goal areas. Its skilled subject groups then deploy conventional prospecting strategies—together with bedrock mapping, sampling, and geophysical surveys—to validate targets on the bottom. This hands-on strategy has led to a number of new lithium discoveries and stays central to the corporate’s worth creation technique.
The corporate has launched an aggressive, regional-scale prospecting and mapping marketing campaign throughout its intensive Greenland portfolio which is able to run for six weeks, supported by 4 subject crews and two helicopters. The preliminary section will see one crew conducting detailed mapping and sampling across the Ivisaartoq spodumene discovery and surrounding areas. A second crew will cowl the expanded Nuuk and Paamiut licenses, together with follow-up on the historic spodumene displaying at Paamiut.
Beginning in July 2025, fieldwork will pivot primarily based on June outcomes, with one crew persevering with follow-up at Nuuk and Paamiut, and one other transferring to Disko Bay and Uummannaq. Findings will information superior exploration in August–September, together with first-pass work on the newly acquired Hinksland undertaking.
In Quebec, Brunswick Exploration has prioritized three key lithium initiatives within the Eeyou Istchee–James Bay area: Mirage, Anatacau, and PLEX with lively drilling underway at Mirage following 2023 grassroots discoveries.
In 2024, the corporate made Greenland’s first lithium-bearing spodumene pegmatite discovery on the Ivisaartoq subject below its Nuuk license—an space characterised by historic Mesoarchean geology. Brunswick is now increasing its land place in each western and jap Greenland to construct on this breakthrough.In 2025, the corporate reported it had submitted license functions masking 20,785 hectares at Paamiut that embody a number of metavolcanic amphibolite belts and 9 mapped pegmatites 500–900 m in strike size, with approval pending. Brunswick had additionally utilized for a 17,800-hectare Hinksland license in jap Greenland containing over 50 mapped and interpreted pegmatite outcrops, together with 9 which can be between 500 m and roughly 10,000 m in strike size, likewise awaiting authorities sign-off.
The exploration crew is led by Government Chairman Robert Wares, a famend geologist and co-founder of Osisko Mining. Wares performed a pivotal function in discovering the Canadian Malartic gold deposit, which turned one among Canada’s largest gold producers. His management and exploration success present sturdy technical steering for Brunswick’s operations.
Firm Highlights
- Brunswick Exploration (BRW) is a Montreal-based mineral exploration firm listed on the TSXV below image BRW. The corporate is targeted on grassroots exploration for lithium in Canada and Greenland, a vital metallic essential to international decarbonization and vitality transition.
- This has generated one of many largest grassroots lithium portfolios globally.
- BRW’s board contains Robert Wares, one of many founders of Osisko Mining.
- BRW was acknowledged as one of many High 50 TSX Enterprise listed corporations in 2023.
- The corporate has staked a whole lot of untested potential pegmatites measuring a minimal strike size of 500 meters and inside 50 kms of infrastructure.
- In 2023, three discoveries had been made within the Eeyou Istchee-James Bay area of Quebec on the Mirage, Anatacau Predominant and Elrond initiatives.
- In 2024, BRW introduced a newly found pegmatite outcrop from its Nuuk License, making it the primary confirmed lithium discovery in Greenland.
- In 2025 BRW bolstered its first-mover place in Greenland by staking about 38,500 ha throughout two new licenses — 20,785 ha at Paamiut (SW Greenland) internet hosting 9 500-900 m pegmatite developments and 17,800 ha at Hinksland (E Greenland) with over 50 mapped pegmatites, together with 9 500-10,000 m developments — making BRW one of many nation’s largest mineral-license holders and giving it a whole lot of untested targets for lithium exploration.
Key Tasks
Mirage Venture
The Mirage Venture consists of 427 claims masking 21,230 hectares (together with each staked and optioned claims), located roughly 40 km south of the Trans-Taiga Freeway in Quebec’s James Bay area. The undertaking was initially staked following insights from a geologist who explored the realm for gold over twenty years in the past and documented quite a few angular pegmatitic glacial boulders containing massive, well-defined spodumene crystals, together with one boulder measuring 8 x 4 x 3 meters.
In fall 2023, Brunswick Exploration uncovered a number of high-grade spodumene outcrops alongside a 2.5-km development, alongside a definite 3 km boulder prepare with completely different mineralogical traits, suggesting the presence of a number of lithium-bearing sources inside the undertaking space.
The corporate intersected 37 m at 1.14 % Li₂O in gap MR-24-87 on the MR-3 dyke; 36 m at 1.51 % Li₂O in gap MR-24-102 inside the Stacked Dyke space the place the identical gap additionally reduce 13 further spodumene-bearing dykes and 28 m at 1.32 % Li₂O in gap MR-24-101 on the MR-6 dyke, collectively extending the mixed MR-3–MR-6–Stacked Dyke swarm to greater than 1 km by 450 m. Previously drillings, Brunswick intercepted 1.55 % and 1.64 % Li₂O at 93.45 m and 69.3 m respectively on the MR-6 dyke The undertaking continues to indicate glorious continuity and scale, with stacked dykes and new zones being delineated by ongoing drilling.
The winter 2025 drill program masking over 5,000 meters is designed to check new extensions to MR-3, MR-4, and MR-6 dykes, in addition to further targets inside the broader Central Zone. Mirage is shortly rising as a possible high-grade, large-tonnage lithium system.
Spodumene crystals at Mirage are huge and white to pale gray, each on the floor and within the core.
In 2025, BRW has continued to advance Mirage by further drilling and metallurgical testing. The winter drill program intersected 36 meters at 1.51percent Li2O within the Stacked Dyke space and 28 meters at 1.32 % Li2O on the MR-6 dyke, considerably extending these pegmatites alongside strike. This drilling confirms that the MR-3, MR-6 and Stacked Dyke techniques kind a serious spodumene-bearing pegmatite swarm now traced over ~1,000 by 450 meters and open in a number of instructions. Part 1 metallurgical outcomes point out the potential for a dense media separation (DMS)-only flowsheet (no flotation required), able to producing a clear spodumene focus grading ~5.5–5.7 % Li2O with as much as 76 % restoration and low impurities.
PLEX Venture
The corporate can be advancing the early-stage Poste Lemoyne Extension (PLEX) undertaking, situated alongside the La Grande shear zone roughly 75 km west of Patriot Battery Metals’ Corvette undertaking. PLEX consists of 375 claims masking 19,175 hectares and stays a goal for future prospecting campaigns.
Anatacau
Comprising the Anatacau Predominant and Anatacau West initiatives, these property are below an choice settlement with Osisko GP, a subsidiary of Osisko Improvement, below which Brunswick Exploration can earn a 90 % curiosity within the initiatives. The Anatacau property is situated simply east of Rio Tinto (NYSE:RIO) lately acquired James Bay Lithium deposit (beforehand referred to as the Cyr deposit), beforehand owned by Arcadium (NYSE:ALTM) which has a complete mineral useful resource of 110.2 million tons (Mt) at 1.30 % lithium oxide and a complete ore reserve of 37.3 Mt at 1.27 % lithium oxide.
BRW accomplished a maiden drill program on the Anatacau West property totalling 3,712 meters. 17 of the 18 drilled holes intersected spodumene mineralization that generated as much as 26.5 metres at 1.51 % Li2O.
In the summertime of 2023, Brunswick found a big lithium pegmatite outcrop, measuring no less than 100 meters lengthy by 15 meters broad referred to as the Anais displaying in Anatacau Predominant. The outcrop is inside a bigger cluster of pegmatite dykes all of which comprise high-grade lithium mineralization.
This discovery is situated 22 km east of Anatacau West and Rio’s James Bay undertaking alongside a large-scale E-W deformation hall which is host to the recognized lithium-bearing pegmatite dykes within the area.
Greenland
Brunswick Exploration is now one among Greenland’s largest mineral license holders and the one firm actively exploring for lithium within the nation, capitalizing on a transparent first-mover benefit. With supportive laws, extremely potential geology, and glorious outcrop publicity, 2025 is about to be a breakthrough yr as the corporate launches a serious lithium exploration marketing campaign.
A six-week regional program begins in June, with 4 subject crews and two helicopters deployed throughout Brunswick’s huge land package deal. One crew will deal with the Ivisaartoq spodumene discovery, whereas one other targets the Nuuk and Paamiut licenses. In July, follow-up work will proceed at Nuuk and Paamiut, whereas a second crew begins prospecting on the Disko Bay and Uummannaq properties.
Preliminary outcomes will information superior exploration phases in August and September throughout high-priority targets.
2025 Paamiut license space
Brunswick Exploration has utilized for brand spanking new licenses masking 20,785 hectares, roughly 90 to 130 km northeast of Paamiut, a coastal city about 260 km south of Nuuk. The realm lies inside the Bjornesund tectonic block of the North Atlantic Craton, a geologically favorable area comprising tonalitic and granodioritic orthogneiss and Mesoarchean metavolcanic amphibolite belts.The newly staked floor contains a number of amphibolite belts as much as 1.5 km broad and 15 km lengthy, together with 9 mapped and interpreted pegmatite targets starting from 500 to 900 meters in strike size. License functions have been submitted and are presently pending closing authorities approval
Nuuk Enlargement
Brunswick Exploration’s Nuuk holdings embody the Ivisaartoq spodumene discovery inside the Ivisaartoq belt. The corporate has utilized to stake the adjoining Ujarassuit amphibolite belt, which is as much as 1 km broad and 40 km lengthy. Extra claims have been secured inside the Fiskefjord Advanced, situated 95 km north of Nuuk and 75 km southeast of Maniitsoq, masking amphibolite belts as much as 4.5 km broad and 20 km lengthy. The newly acquired and applied-for claims span 33,138 hectares and host a whole lot of mapped and interpreted pegmatite outcrops, together with six targets with strike lengths between 500 and a pair of,000 m.
Disko Bay
The Disko Bay licenses are situated roughly 30 to 80 kms from the coastal metropolis of Ilulissat, which is the third largest metropolis in Greenland. The licenses are close to a number of seaports and container terminals, together with Ilulissat. The realm is located inside the Aasiaat area, a part of the Paleoproterozoic Nagssugtoqidian Orogen, sandwiched to the south by the Archean North Atlantic Craton and to the north by the Archean Rae Craton. The Orogen extends west into the Trans-Hudson orogeny of Canada that continues to the lithium deposits close to Snow Lake Manitoba and the Black Hills of South Dakota.
A number of amphibolite and metasedimentary belts had been acquired with some belts being over 20 km in strike size. The brand new claims have a whole lot of mapped and interpreted pegmatite targets with a complete license space of 49,639 hectares.
Uummannaq
The licenses are situated roughly 70 km from the coastal metropolis of Uummannaq, about 80 km north of Ilulissat. Uummannaq has a inhabitants of about 1,660, an airport and a ferry terminal in addition to a close-by container terminal. The realm is situated inside the Archean Rae Craton that’s intermixed with the Paleoproterozoic Rinkian fold-thrust belt, each of that are involved with the Paleoproterozoic Nagssugtoqidian Orogen to the south.
The brand new license incorporates a number of amphibolite and metasedimentary belts with dozens of mapped and interpreted pegmatites with a complete license space of 9,770 hectares.
Administration Crew
Robert Wares – Government Chairman
Robert Wares is knowledgeable geologist with greater than 35 years of expertise in mineral exploration and growth. He was answerable for discovering the Canadian Malartic bulk tonnage gold mine, which was subsequently developed by Osisko Mining into one among Canada’s largest gold producers. Wares was a co-winner of the Prospectors and Builders Affiliation of Canada’s “Prospector of the 12 months Award” for 2007. He was additionally named one of many “Mining
Males of the 12 months” for 2009 by the Northern Miner. He has a Bachelor of Science and an honorary doctorate in earth sciences from McGill College.
Killian Charles – President and CEO
From 2017 to 2021, Killian Charles labored as VP of company growth for Osisko Metals. Charles was beforehand the supervisor of company growth at Integra Gold Corp, which was an advanced-stage gold growth firm till it was acquired by Eldorado Gold in July 2017. He labored as a mining analyst at Industrial Alliance Securities and Laurentian Financial institution Securities. Charles coated small and mid-cap exploration and manufacturing corporations as a mining analyst. Charles holds a Bachelor of Science with a serious in Earth and planetary sciences from McGill College.
Anthony Glavac – CFO
Anthony Glavac has greater than 17 years of expertise in monetary reporting, together with over 12 years within the mining trade. Since August 2017, Glavac has served as vice-president, and company controller for Falco Sources, and beforehand served as director, monetary reporting and inner controls at Dynacor Gold Mines. Glavac spent 10 years at KPMG, working with each private and non-private corporations, offering audit, taxation, strategic advisory and public providing providers. Glavac can be concerned with different public corporations within the mining trade.
Simon Hébert – Vice-president, Improvement
Simon Hébert is knowledgeable geologist with over 13 years of expertise in mineral exploration, having begun his profession with Virginia Mines and Osisko Mining. He has labored on quite a few metallogenic initiatives throughout Baie-James, Nunavik, and the Northwest Territories. In 2019, he helped kind NQ Mining Funding, changing into its basic supervisor in 2023. A member of the Ordre des Géologues du Québec since 2012, Hébert additionally serves as vice chairman of the AEMQ and is chair of the Desk Jamésienne de concertation minière. He holds a BSc in Geology from Université Laval.
François Goulet – Exploration Supervisor, Quebec
François Goulet holds a grasp’s diploma in structural geology from UQÀM and has intensive exploration expertise in James Bay and internationally. He was lately president and CEO of Harfang Exploration, a gold undertaking generator in Quebec. Goulet has labored with corporations together with Virginia Mines, Unigold, Maya Gold & Silver, the Canadian Malartic Partnership, and Glencore Canada. He’s a board member of the AEMQ and a registered geologist with the Ordre des géologues du Québec since 2011.
Charles Kodors – Exploration Supervisor, Atlantic Canada
Charles Kodors is the Supervisor, Atlantic Canada at Brunswick Exploration Inc. and has been with the corporate since January 2021. Having 15 years of expertise within the mining and exploration trade, he most lately served as an exploration supervisor for Osisko Metals and a senior exploration geologist for Kirkland Lake Gold. Kodors obtained his B.Sc. from Brock College and is a registered skilled geologist inside the provinces of New Brunswick, Newfoundland, Nova Scotia, Ontario, Quebec, Manitoba and Saskatchewan.
Shayaan Belluzzo – Company Secretary
Ms. Shayaan Belluzzo is a seasoned Company Secretary with over 8 years of expertise of board governance and compliance, company restructuring issues for varied international entities and funding autos, specializing in company regulatory and company governance finest practices, and offering strategic authorized help. Not too long ago, Belluzzo additionally held key roles as Company Secretary of Windfall Mining Group and Assistant Company Secretary of Osisko Mining, supporting each corporations throughout a $2.16 billion acquisition. Ms. Belluzzo’s various trade expertise stems from her work in international funding, asset administration, and regulation companies, together with McCarthy Tétrault LLP.