Betweenplays StockMarket Strategies is delighted to share the latest developments from Brunswick Exploration as they embark on a significant drilling program at the Mirage Project in Quebec’s Eeyou Istchee-James Bay region, the expansion of the project with Lithium mineralization observed over 8.7 Kilometres makes for very exciting times.
A Phase One drill program, consisting of 26 holes, aims to assess the continuity and dimensions of six extensive spodumene-bearing pegmatite dykes discovered on the property. These dykes, collectively spanning 2500 meters, have demonstrated remarkable potential for mineralization. Additionally, new discoveries have expanded the mineralized dyke trend over a remarkable 6 kilometers.
Expansion of Spodumene-Bearing Dykes
Brunswick Exploration has officially initiated a 5000-meter drilling program at the Mirage Project, a promising venture in Quebec’s Eeyou Istchee-James Bay region. This Phase One program, featuring 26 holes, is centered on evaluating the continuity and dimensions of six extensive spodumene-bearing pegmatite dykes recently uncovered on the property. These dykes, with a cumulative strike length of 2500 meters, hold significant promise for lithium mineralization.
Notably, prospecting efforts have revealed additional spodumene-bearing outcrops approximately 4.5 kilometers northeast of the central dyke field. This exciting discovery extends the mineralized dyke trend to an impressive 6 kilometers, with a boulder field extension of 2.7 kilometers southwestward. Importantly, both the outcrop and boulder train exhibit potential for expansion in all directions.
CEO’s Enthusiasm and Prospects
Killian Charles, President, and CEO of Brunswick Exploration, expressed his enthusiasm, stating, “I am greatly encouraged by the rapid expansion of the spodumene-bearing dyke field at Mirage. This new discovery confirms the up-ice potential, and we anticipate substantial prospecting activities on our property in the coming weeks. Drilling will begin by targeting the six most significant dykes identified to date, and we expect exciting developments ahead for our valued BRW shareholders.”
Expanding Lithium Potential
The presence of lithium-bearing outcrops now extends over an impressive six kilometres. Multiple new outcrops within the existing dyke field exhibit similar characteristics to known dykes in terms of mineralogy, spodumene concentration, and large crystal sizes. The primary dyke field encompasses an area measuring approximately 2700 by 850 meters, with most outcrops remaining open in all directions.
Additionally, a new dyke discovery, located three kilometers northeast, highlights the lithium potential of Mirage. Although the width of this dyke is yet to be determined due to limited exposure, it appears to have a strike length of at least 175 meters. Moreover, spodumene-mineralized pegmatite boulders have been found nearly 2 kilometers west of the main boulder train, suggesting the presence of additional sources to the west. In total, lithium mineralization has been observed over a substantial distance of 8.7 kilometers on the Mirage Project, including the boulder field.
Looking Ahead
As Brunswick Exploration embarks on drilling at the Mirage Project, exciting developments are on the horizon. The company’s commitment to exploring new spodumene-bearing outcrops and expanding the understanding of this mineralized region promises a dynamic exploration journey.
In Conclusion, My Take!
The shares are firmly held by insiders, including the Osisko Group. In the nearly five years of our experience at Betweenplays, this is the first instance where we’ve witnessed retail investors displaying such strong determination in holding onto their shares. Their enthusiasm is primarily fueled by the imminent release of drilling results. To put it in perspective, the only other companies I’ve seen provoke a similar level of commitment from retail investors and others are Neo Lithium and Millennial Lithium. The sense of camaraderie among the investors in Brunswick is reminiscent of the fervor seen with GameStop (GME) and AMC Entertainment (AMC).
In my opinion if the results are impressive, buying at that moment will be a feeding frenzy as institutions, retail investors, family wealth offices will pile in and forget it if Australia and the USA start scooping this up.
Stay tuned for further updates on this evolving and promising venture, as Betweenplays StockMarket Strategies continues to keep you informed and do your Due Diligence before investing in any company.
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