Northwire Canada EditionThursday, October 15, 2026
Northwire
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GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4% GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4%
Drill Results Routine +

Brunswick Exploration Drills 17.7 Meters at 1.10% Li2O Within 123 Meters at 0.72% Li2O

Brunswick’s Anatacau Drill Blitz Delivers Long Lithium Intercepts and a Cesium Bonus, Cementing a Second Quebec Anchor

Executive Summary
  • New drill results from Anatacau Main Project (Quebec) released on May 11, 2026, covering three additional holes (AN‑26‑08, ‑09, ‑10) from the 2026 winter campaign.
  • Hole AN‑26‑08 intersected a 123 m continuous lithium‑mineralized package grading 0.72 % Li₂O, including 17.7 m at 1.10 % Li₂O and 4.85 m at 0.82 % Li₂O. It also returned high‑grade cesium (11.8 m at 1.84 % Cs₂O) and elevated tantalum.
  • Hole AN‑26‑09 delivered 33.7 m at 1.17 % Li₂O with sub‑intervals up to 1.95 % Li₂O.
  • Hole AN‑26‑10 hit near‑surface lithium pegmatites, including 2.9 m at 0.9 % Li₂O and 2 m at 1.59 % Li₂O.
  • The mineralized corridor has now been drill‑traced more than 500 m east of the Anais discovery, with all pegmatites open in all directions and structurally analogous to the Rio Tinto Galaxy deposit.
  • Metallurgical testwork will be launched to evaluate cesium recovery, and assays for the final three holes of the campaign are pending.
Material Impact
  • The drilling continues to confirm the scale and continuity of the Anatacau system, but the grades in the new holes (particularly the broad 0.72 % Li₂O intercept) are lower than the standout 1.31 % Li₂O over 90.5 m and 1.02 % Li₂O over 167.9 m reported just a few weeks earlier (April 15, 2026).
  • The presence of potentially payable cesium is a new development but remains untested economically; no resource estimate or recovery rates exist yet.
  • Management’s statement that they are “defining a major system” is consistent with previous releases and does not materially alter the investment thesis.
  • The market has already priced in Anatacau’s exploration success following the April results, and this update adds incremental, expected data points.
  • Impact: Routine – Positive (broadens the known mineralization, introduces cesium as a by‑product opportunity, but lacks immediate resource or economic metrics to be a material change).
BRW · Price
Company Overview
  • Brunswick Exploration is a hard‑rock lithium exploration company focused on under‑explored regions in Quebec (Mirage, Anatacau), Greenland (Nuuk, Paamiut, Clavering‑Hudson Land), and Saudi Arabia.
  • Flagship Project – Mirage (Quebec): Hosts a maiden open‑pit inferred resource of 52.2 Mt at 1.08 % Li₂O (563 kt contained Li₂O) plus an Exploration Target of 40–50 Mt at 0.80–1.10 % Li₂O. The resource is near‑surface, DMS‑only metallurgy tested, and remains open in multiple directions.
  • Anatacau Main (Quebec): A rapidly expanding spodumene discovery 22 km east of Rio Tinto’s Galaxy project. Multiple wide, high‑grade intercepts (e.g., 120.7 m at 1.31 % Li₂O) have been drilled in a structurally controlled corridor now traced over 500 m. No resource yet.
  • Greenland Projects: Nuuk (Ivisaartoq) – major spodumene pegmatite trend (~2 km); Paamiut – confirmed spodumene showings; new East Greenland licence (Clavering‑Hudson Land) with exceptional rubidium‑cesium stream‑sediment anomalies.
  • Saudi Arabia: First‑ever hard‑rock lithium licence awarded (8,467 ha), geologically prospective for LCT pegmatites; reconnaissance planned H1 2026.
Read the original news release →

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