Brunswick Exploration Launches Summer Drill Program Targeting Mirage and Anatacau
Brunswick launches a summer drill program as its cash runway expires in March 2027.
Brunswick Exploration Inc. (BRW) has launched a 6,000-meter summer drilling campaign across its Quebec lithium assets, allocating 2,000 meters to the Anatacau project and 4,000 meters to Mirage. The Anatacau program focuses on the Anais zone, targeting known spodumene pegmatite dykes that remain open in all directions. Historical intercepts at this location include 1.31% Li2O over 120.7 meters.
The Mirage program aims to test lateral extensions of the MR-1 and MR-4 dykes, as well as untested spodumene pegmatite outcrops along an 8-kilometer lithium-bearing corridor. Operations will utilize a helicopter-borne drill rig over approximately two months, with final meterage subject to expansion.
Additionally, the company engaged ICP Securities Inc. for automated market making services at a monthly fee of C$7,500 plus taxes. The agreement is effective June 18, 2026, for an initial four-month term.
Brunswick Exploration Inc. (BRW) announced a drilling program that aligns with its previously stated 2026 exploration plans and management guidance. The meterage, project allocation, and geological targets are consistent with prior communications.
The release did not disclose any new discoveries, resource upgrades, or strategic partnerships. The market had already priced in the summer exploration schedule following the January 2026 maiden resource estimate at Mirage and the February 2026 Anatacau Phase 2 drilling announcement.
Additionally, the company engaged a market maker to improve liquidity. This is a routine administrative update that does not alter the fundamental exploration thesis. The news is expected, incremental, and follows through on stated operational plans, providing continuity without introducing new material developments.
Brunswick Exploration Inc. (BRW) is a junior hard-rock lithium explorer operating in Quebec, Greenland, and Saudi Arabia.
The company’s Mirage Project in Quebec hosts a maiden Inferred Mineral Resource of 52.2 million tonnes grading 1.08% Li2O and 131 ppm Ta2O5. The resource is predominantly near-surface, with over 70% contained within five shallow dykes, supporting a conceptual open-pit mining scenario and Dense Media Separation (DMS) metallurgy.
The Anatacau Project in Quebec is located adjacent to Rio Tinto’s Galaxy lithium project. It features high-grade spodumene pegmatites with significant cesium and tantalum by-product potential. The Anais discovery remains open in all directions.
In Greenland, the Nuuk Lithium Project recently expanded a spodumene-bearing corridor to 4 km by 1 km, with nine pegmatites identified to date.
In Saudi Arabia, Brunswick Exploration secured an 8,467-hectare exploration license, marking the company's entry into a jurisdiction actively diversifying into critical minerals under Vision 2030.