Brunswick Exploration Completes Option Agreement for Anatacau Lithium Project in Canada
2026-05-01 17:40
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en.Wedoany.com Reported - Canadian lithium exploration company Brunswick Exploration announced that it has fulfilled all necessary work expenditures and share payments, fully exercising the option agreement for the Anatacau Main and West projects in Canada. The company has thereby acquired a 90% interest in both projects and retains a right of first refusal on the remaining 10% free carried interest held by private company Electric Elements Mining.

The company completed a winter drilling campaign at the Anatacau Main project, following exploration work conducted in 2025. Drilling discovered multiple large, well-mineralized pegmatites, with assay results for some drill holes still pending and expected to be released in the coming weeks. Compilation work identified multiple high-priority targets across the project area, recognizing three unconfirmed spodumene mineralized occurrences 2 to 5 kilometers south of the Anaïs showing, expanding the surrounding exploration potential. At the southern end of the project, the company identified over 16 highly fractionated pegmatites among more than 90 pegmatite outcrops within the Pontax trend, adjacent to two potential spodumene mineralized occurrences it controls.

At the Anatacau West project, the company intercepted at least two large spodumene-bearing pegmatites within 250 meters of the mineralized pegmatites at Rio Tinto's James Bay Lithium Project, with consistent strike and orientation. Initial drilling focused on near-surface mineralization, reaching a maximum vertical depth of 137 meters.

In mid-April 2026, based on preliminary drilling results, Brunswick delineated a substantial lithium system at the Anatacau Main project. Key results included 167.9 meters of continuous lithium mineralization (grading 1.02% Li₂O), including a section of 90.5 meters grading 1.31% Li₂O.

Brunswick Exploration is headquartered in Montreal and focuses on grassroots exploration for lithium in Canada.

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