Brunswick Exploration Lauches Phase 2 Drilling at Anatacau Lithium Discovery
MWN-AI** Summary
Brunswick Exploration Inc. has announced the launch of Phase 2 drilling at its Anatacau Main Project in Quebec's Eeyou-Istchee James Bay region, aiming to expand on the promising Anais lithium discovery. The drilling follows a previous intercept of 120 meters at 1.31% Li?O, showcasing the site's potential. Strategically positioned near major projects like Rio Tinto’s Galaxy Project, the Anatacau Main is situated within a recognized lithium-bearing corridor, further enhancing its exploration prospects.
The drilling program includes approximately 2,500 meters of planned drilling across 12 holes, with the initial three holes designed to aggressively expand the Anais discovery, known for its consistent mineralization. This work complements Brunswick's broader strategy, which also encompasses projects in Greenland and Saudi Arabia, indicating a well-rounded approach to resource exploration in critical metals.
Mr. Killian Charles, President and CEO of Brunswick, expressed enthusiasm for the 2026 exploration program and highlighted the potential of both the Anais and the wider portfolio, which includes the high-grade Mirage project. The upcoming results from the drilling campaign are expected to be released in early Q2 2026.
The drilling initiative is set to target a major northwest-southeast deformation corridor, potentially linking the Anais and Galaxy lithium discoveries, which could signify significant growth opportunities. Brunswick’s ongoing efforts in mineral exploration underscore its commitment to advancing its lithium asset footprint, critical for supporting global decarbonization efforts. The initiative is being overseen by Mr. Francois Goulet, a registered Professional Geologist, ensuring the rigour of technical and scientific standards in the exploration process.
MWN-AI** Analysis
Brunswick Exploration Inc. (TSX-V: BRW) recently announced the initiation of Phase 2 drilling at its Anatacau Main Project in Quebec, a strategic move that investors should monitor closely. The drilling program aims to expand upon a promising lithium discovery, characterized by an outstanding previous intercept of 120 meters at 1.31% Li2O. This level of mineralization identifies the site as a key player in the burgeoning lithium sector, which is poised to benefit from the global shift towards electric vehicles and renewable energy.
The drilling will total approximately 2,500 meters and target well-mineralized stacked pegmatites in a known lithium-bearing corridor connected to Rio Tinto's Galaxy Project. The company's strong geological positioning enhances the prospects of further lithium discoveries, providing a solid foundation for potential resource expansion. Given that the largest observed pegmatite has now extended over 250 meters, the forthcoming results from the 12 inclined drill holes could yield significant news, likely influencing market sentiment.
Investors should note that while the underlying geological structure appears promising, there are inherent risks associated with mineral exploration, such as fluctuations in commodity prices and delays in project developments. Brunswick’s diverse portfolio, including projects in Greenland and Saudi Arabia, may provide a hedge against localized risks, increasing overall company resilience.
Given that the results from the upcoming drilling campaign will be released in early Q2 2026, potential investors may consider entering or increasing their positions in BRW now, as the anticipated news flow could catalyze stock movement. However, prudent investors should weigh their approach against the risks articulated in Brunswick’s cautionary statements, prioritizing a diversified investment strategy in the volatile mining sector.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
MONTREAL, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ; “BRW” or the “Company”) is pleased to announce that it has restarted drilling at the Anatacau Main Project, located in the Eeyou-Istchee James Bay region of Quebec. The drill program will aim to expand the Anais lithium discovery following a previous intercept of 120 meters at 1.31% Li?O. Strategically located 22 kilometers east and along strike of Rio Tinto’s Galaxy Project and Brunswick’s Anatacau West Project, the Anatacau Main Project sits within a proven lithium-bearing structural corridor, offering significant potential for continued growth.
Mr. Killian Charles, President and CEO of BRW, commented: “I am extremely pleased to begin our significant 2026 exploration program at Anatacau Main and the Anais discovery. The drilling released in November last year from Anatacau was among the highest grade and longest lithium intercept released globally in 2025. It speaks to a highly promising project and to Brunswick’s exciting portfolio which includes the Mirage project, our Greenlandic lithium asset, Nuuk Lithium and our new Saudi Arabian lithium portfolio. Results from the campaign will be released as rapidly as possible in early Q2. Following drilling at Anatacau, Brunswick expects to begin prospecting in Saudi Arabia and an exploration program at Mirage.”
Figure 1: Anatacau Main Project Location
Anatacau Phase 2 Drilling Overview
Brunswick Exploration is set to complete approximately 2,500-metre drill program consisting of 12 inclined holes averaging 200 meters each. The first three holes are designed to aggressively expand the Anais showing, where mineralization has been intersected in all previous holes and remains open at depth and along strike in all directions.
The largest pegmatite observed at the Anais showing has now been extended to over 250 meters in strike length and to a vertical depth of 115 meters with an apparent thickness of 47.2 meters at its widest point. The main pegmatite dyke is interpreted to be dipping 85 degrees to the West. Several other, well-mineralized stacked pegmatite intervals were also intercepted in all holes, demonstrating the potential for more dyke discoveries in the vicinity of the outcrop.
The mineralized dykes at Anatacau are controlled by a major northwest–southeast (NNW–SSE) deformation corridor, exhibiting structural control highly comparable to those observed at the Galaxy deposit. Importantly, this regional structure appears to form a continuous corridor linking the Galaxy and Anais lithium discoveries underscoring the scale and opportunity of this emerging system. The following nine holes will test the deformation corridor to the East for further mineralized pegmatites.
Qualified Person
The scientific and technical information related to this press release has been reviewed and approved by Mr. Francois Goulet, Manager Quebec. He is a Professional Geologist registered in Quebec.
About Brunswick Exploration Inc.
Brunswick Exploration is a Montreal-based mineral exploration company listed on the TSX-V under symbol BRW. The Company is focused on grassroots exploration for lithium in Canada, a critical metal necessary to global decarbonization and energy transition. The company is rapidly advancing the most extensive grassroots lithium property portfolio in Canada, Greenland and Saudi Arabia underpinned by its Mirage project, one of the largest undeveloped hard-rock lithium Inferred Mineral Resource Estimate in the Americas, with 52.2Mt grading 1.08% Li2O.
Investor Relations/information
Mr. Killian Charles, President and CEO ([email protected])
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
Cautionary Statement on Forward-Looking Information
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; the other risks involved in the mineral exploration and development industry; and those risks set out in the Corporation’s public documents filed on SEDAR at www.sedar.com. Although the Corporation believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Corporation disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/889f6db9-d4b0-4526-a9ea-7f2f691ce13f
FAQ**
How does Brunswick Exploration Inc. (BRWXF) plan to leverage the promising results from the Anatacau Project to enhance investor confidence and attract further investments in their upcoming exploration projects?
With Brunswick Exploration (BRWXF) expanding its drilling program at the Anais lithium discovery, what metrics will the company use to measure the success of this exploratory campaign?
Given the significant lithium discoveries reported by Brunswick Exploration (BRWXF), how do they plan to address potential risks and uncertainties outlined in their forward-looking statements?
As Brunswick Exploration (BRWXF) explores opportunities in Saudi Arabia and Greenland alongside the Anatacau Project, how will these diversifications impact its overall strategy and market presence in the lithium sector?
**MWN-AI FAQ is based on asking OpenAI questions about Brunswick Exploration Inc. (TSXVC: BRW:CC).
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