Brunswick Exploration Inc. (TSX-Venture: BRW) (OTCQB: BRWXF) announced this morning the staking of new, high-priority lithium exploration targets in Eastern Greenland, specifically in the Clavering and Hudson Land areas. These additions expand the company’s global lithium portfolio and further solidify its position as one of the most active exploration players in Greenland. Notably, Brunswick remains the only company currently exploring for lithium in the country and controls the only two confirmed lithium discoveries in Greenland to date.
The newly acquired license consists of five blocks covering roughly 13,862 hectares, located along Greenland’s east coast, about 360 kilometres north of Ittoqqortoormiit. The area hosts extensive pegmatite outcrops and a diverse geological setting considered highly favorable for lithium-cesium-tantalum pegmatite systems. Historical stream-sediment surveys revealed exceptionally high rubidium values—often a key indicator of lithium-bearing pegmatites—along with anomalous cesium and elevated tantalum levels concentrated within the license area. While lithium itself was not analyzed in past surveys, the geochemical signatures strongly support the area’s lithium potential. License applications have been submitted and are pending final government approval.
Mr. Killian Charles, President and CEO of BRW, commented: “Greenland is one of the most underexplored and geologically prospective jurisdictions globally, presenting a unique opportunity for Brunswick Exploration. As lithium market fundamentals continue to strengthen, we believe now is the optimal time to enhance the Company’s position on a global scale, underpinned by our Mirage project where we recently announced an Inferred Resource of 52.2Mt grading 1.08% Li2O, as well as our burgeoning Anatacau project where drilling is expected to begin shortly. These newly identified targets host some of the most compelling geochemical signatures we have encountered in Greenland, supported by highly favourable geology. While we continue advancing plans for a future drill program at our Nuuk Lithium Project expected in late Q3, we anticipate conducting prospecting activities at both Clavering and Hudson Land and our Hinks Land license this summer.”
Shares of BRW are currently up 19.15% at $0.28, while U.S. listed shares (BRWXF) surge 21.23% at $0.2056 in mid-morning trading.
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