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Brunswick Exploration Gears Up for Drilling at Saskatchewan, Ontario, Quebec Lithium Assets
“We spent the last year amassing the portfolio. And so this year, we're going to be landing boots on the ground, sorting which ones we want to keep out of that portfolio of 500," said Brunswick Exploration President and CEO Killian Charles.
Brunswick Exploration (TSXV:BRW) will commence drilling on some of its promising lithium-bearing assets in Canada, according to President and CEO Killian Charles.
“We spent the last year amassing the portfolio," Charles said. "And so this year, we're going to be landing boots on the ground, sorting which ones we want to keep out of that portfolio of 500 (pegmatites). And then the ones that we already do know contain lithium, of which we have four — one in Saskatchewan, one in Ontario, a number in Quebec — we're actually going to start drilling those and start to prove the potential of these targets."
Brunswick Exploration is a Canadian exploration company focused on grassroots exploration of hard-rock lithium. Over the last 18 months, the company has expanded its portfolio to more than 500 pegmatites, according to Charles.
“Brunswick has been quite active on the lithium side for the last 18 months,” he said. "We've been lucky enough to amass the largest grassroots exploration portfolio pretty much in North America — a very, very unique position across many jurisdictions. And we're going to relaunch the largest lithium grassroots exploration program in Canada in 2023. So it's going to be an exciting year."
Brunswick Exploration currently holds assets in Ontario, Quebec, Atlantic Canada and, most recently, Saskatchewan. Charles said Canada’s mining-friendly attitude is one of the reasons his company is focusing its operations in the country.
“Canada is a great mining jurisdiction — you can build and permit mines," Charles said. "But you know, at a higher level, you're starting to see a lot of onshoring of resource extraction, resource processing. Car OEMs are moving back into North America. They want to build a development pipeline just like they did 100 years ago … Companies like GM (NYSE:GM) and Ford (NYSE:F) again want to see production of necessary commodities for energy transitions in North America. So for us, it's important to be able to sustain that market."
Watch the full interview with Brunswick Exploration president and CEO Killian Charles above.
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