Mr. Killian Charles reports

BRUNSWICK EXPLORATION LAUNCHES 5,000 METRE DRILL PROGRAM AT MIRAGE PROJECT, QUEBEC

Brunswick Exploration Inc. has begun a drill program for a minimum of 5,000 metres at the Mirage project, located in the Eeyou Istchee-James Bay region of Quebec. The phase 1, 26-hole program will test continuity and widths of the six widest spodumene-bearing pegmatite dikes that have been discovered to date on the property (see Aug. 21, 2023, press release) over a total cumulative strike length of 2,500 metres. Furthermore, the company wishes to announce that further prospecting has identified additional spodumene-bearing outcrops approximately 4.5 kilometres northeast of the centre of the previously defined dike field. The trend of mineralized dikes now extends for about six kilometres, with the boulder field extending for an additional 2.7 kilometres to the southwest. Both the extent of the outcrops and boulder train remain open in all directions.

Killian Charles, president and chief executive officer of Brunswick Exploration, commented: "I am greatly encouraged by the rapid expansion of the spodumene-bearing dike field at Mirage. This new discovery confirms the up-ice potential and there remains substantial more prospecting to be done on the property in the coming weeks. Drilling will start by testing the six most significant dikes identified to date, and we expect that the next few months will be extremely exciting for BRW shareholders."

Lithium-bearing outcrops now extend across six kilometres

Several new outcrops have been identified in the existing dike field exhibiting similar characteristics to known dikes in respect to mineralogy, spodumene concentration and large crystal sizes. The main dike field now covers an area measuring approximately 2,700 metres by 850 metres. Nearly all the outcrops mapped to date remain open in all directions, with few observed contacts with the basalt host rock.

The additional discovery of a new dike three kilometres to the northeast reinforces the lithium prospectivity of Mirage. This dike has an apparent strike length of at least 175 metres. The width of the dike remains unknown at this time as the exposure is limited. In addition, other spodumene-mineralized pegmatite boulders have been found nearly two kilometres west of the main boulder train suggesting additional sources exist farther to the west. In total, lithium mineralization on the Mirage project has been observed over a total distance of 8.7 kilometres, inclusive of the boulder field. The latter will be the subject of detailed prospecting in an effort to locate new spodumene-bearing outcrops farther to the southwest of the main dike field.

Qualified person

The scientific and technical information contained in this press release has been reviewed and approved by Francois Goulet, manager, Quebec. He is a professional geologist registered in Quebec and is a qualified person as defined by National Instrument 43-101.

About Brunswick Exploration Inc.

Brunswick Exploration is a Montreal-based mineral exploration company listed on the TSX Venture Exchange 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.

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