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Brunswick Exploration Inc
Symbol BRW
Shares Issued 260,512,131
Close 2026-02-19 C$ 0.255
Market Cap C$ 66,430,593
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Brunswick identifies three Li targets at Anatacau Main

2026-02-19 16:38 ET - News Release

Mr. Killian Charles reports

BRUNSWICK EXPLORATION IDENTIFIES SEVEN NEW SPODUMENE TARGETS AND STAKES ADDITIONAL CLAIMS AT ANATACAU MAIN

Brunswick Exploration Inc. has identified three new high-priority lithium targets (areas A, B and C) at the Anatacau Main project, where drilling is currently under way, located in the Eeyou-Istchee James Bay region of Quebec. The project is strategically situated 22 kilometres east and along strike of a major proven lithium-bearing structural corridor also hosting Rio Tinto's Galaxy project and Brunswick's Anatacau West project.

Killian Charles, president and chief executive officer of Brunswick, commented: "Anatacau is rapidly proving to be one of the most exciting projects in our portfolio alongside Mirage with the addition of these seven potential spodumene showings within larger packages of highly evolved and favourable pegmatites. These high-priority targets were the result of additional compilation work in preparation for the ongoing drill program and highlight the significant exploration potential of the project. Following the drill program at Anais, Brunswick will commence a major prospecting campaign to rapidly evaluate these new targets once ground conditions permit field activities."

Anais discovery targets

Between two and five kilometres south of the Anais showing where the company is currently drilling, three unverified spodumene showings were identified through compilation work. These showings significantly expand the exploration potential surrounding the Anais discovery (area A). Over 200 pegmatite outcrops have been identified through satellite imagery in this area with the largest measuring approximately 500 by 200 metres.

Newly staked targets

Contiguous and located immediately west to the Anatacau Main project, Brunswick recently completed staking covering an additional three unverified spodumene showings and 150 pegmatite outcrops (area B). The largest identified outcrop measures 800 by 100 metres. It is possible that the potential spodumene showings, alongside the southern most targets in area A, form a new secondary trend to the lithium-bearing structural corridor hosting Rio Tinto's Galaxy project and Brunswick's Anais showing.

Pontax trend targets

The Pontax trend is an emerging major northeast-southwest regional lithium-bearing structural corridor extending over 20 kilometres across the southern portion of the Anatacau property. Brunswick Exploration has identified over 13 highly fractionated pegmatites with highly favourable potassium to rubidium ratios (below 30 and as low as 14) and mineralogy within the Pontax trend (area C) within over 90 pegmatite outcrops where the largest visible outcrop measures approximately 200 by 50 metres. These high-priority targets neighbour one potential spodumene showing controlled by Brunswick. This corridor continues to the southwest where it hosts Cygnus Metals' Pontax lithium project and Li-FT Power's Pontax project.

Qualified person

The scientific and technical information related to this press release has been reviewed and approved by 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 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, Greenland and Saudi Arabia underpinned by its Mirage project, one of the largest undeveloped hardrock lithium inferred mineral resource estimate in the Americas, with 52.2 million tonnes grading 1.08 per cent lithium oxide.

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