Brunswick Exploration (TSX-V:BRW) is raising up to C$1.5 million via a non-brokered private placement of flow-through shares at a price of C$0.20 per share.
CEO Killian Charles says after the “stellar results” from a maiden campaign at the Anatacau Main Project, the company will be returning in early Q1 2026 to begin a 2,500m to 3,000m drilling program.
Recent results from the inaugural campaign at Anatacau, located in the Eeyou Istchee-James Bay region of Québec, have now been received, which the CEO says cements Brunswick’s latest discovery within its growing portfolio as a high priority target for follow-up drilling.
“We see significant potential to continue expanding the known pegmatites and uncover new targets across the project,” Charles says.
“With the forthcoming resource at Mirage, we believe Brunswick will have an exciting start to the year across its portfolio in Québec, Greenland, Saudi Arabia, and further afield.”
Recent highlights include 1.53% Li2O over 53.9m in drillhole AN-25-04 at a vertical depth of 23.7m; 1.58% Li2O over 22m in hole AN-25-01, at a shallow vertical depth of 14.2m, as well as. more caesium values intercepted in another secondary sub-parallel dyke reaching 1.10% Cs2O on 1.4m.
Charles adds these results continue to underscore the significant exploration potential at the Anatacau Main.
All drillholes have returned multiple, thick richly mineralised pegmatites alongside among the highest value caesium values reported in the James Bay, he adds.
The targets at Anatacau remain open in all directions and will be the focus of more work in early 2026 to fully delineate this rapidly growing discovery.
Prior to the start of a second phase of drilling at Anatacau, the company will be releasing its maiden resource estimate for the wholly owned Mirage project.
This is expected to be disclosed within the next four weeks.
Write to Adam Orlando at Mining.com.au
Images: Brunswick
