Extensive Greenland Lithium Exploration Campaign Launched by Brunswick Exploration

Rhea-AI Summary

Brunswick Exploration (BRWXF) has initiated a comprehensive lithium exploration campaign in Greenland, deploying 4 crews and 2 helicopters for a six-week program. The campaign focuses on multiple areas including the Ivisaartoq spodumene discovery, Nuuk and Paamiut licenses, and Disko Bay and Uummannaq projects. The company plans to use initial results to guide advanced exploration programs in August and September 2025, including first-pass prospecting at the newly acquired Hinksland project in East Greenland. Brunswick has consolidated nearly all accessible lithium targets in Greenland, leveraging its first-mover advantage and four years of grassroots lithium exploration expertise.

Positive

• First-mover advantage in consolidating nearly all accessible lithium targets in Greenland
• Comprehensive exploration campaign with significant resources (4 crews, 2 helicopters)
• Company has built unique internal lithium expertise over 4 years
• Multiple exploration targets including existing spodumene discovery at Ivisaartoq

Negative

• Early-stage exploration with no guaranteed success
• Significant operational costs with multiple crews and helicopters
• Results pending and uncertain

MONTREAL, June 18, 2025 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ; “BRW” or the “Company”) is pleased to announce it has launched an aggressive regional-scale prospecting and mapping initiative on its sizeable Greenland portfolio that contains hundreds of untested targets using 4 crews and 2 helicopters for six weeks.

Initially, one team will focus on detailed mapping and sampling around the Ivisaartoq spodumene discovery and surrounding areas while the other will focus on the expanded Nuuk and Paamiut licenses as well as the historical spodumene showing at Paamiut. Starting in July, one team will focus on follow-up prospecting at the Nuuk and Paamiut projects based on results from June while the other team will focus on the Disko Bay and Uummannaq projects. Results from the first six weeks will be used to plan advanced exploration programs in August and September 2025, including first pass prospecting across its recently acquired Hinksland project in East Greenland (See new Release of March 13^th, 2025).

Killian Charles, President & CEO, commented: “This is a very exciting step for Brunswick Exploration as we look to significantly increase our exploration initiative in Greenland alongside our Quebec projects. As a reminder, we have consolidated nearly all accessible lithium targets in Greenland following our first mover advantage. There is substantial exploration potential in Greenland and BRW is one of the few companies actively exploring in the country.

Over the last four years, we have built an internal lithium expertise for grassroot exploration that is unique across the sector and our peers. There are many more opportunities that exist as BRW is best positioned to uncover new discoveries across our portfolio and beyond.”

Qualified Persons

The scientific and technical information related to Greenland has been reviewed and approved by Mr. Charles Kodors, (Manager, Atlantic Canada). He is a Professional Geologist registered in the provinces of New Brunswick, Newfoundland and Quebec.

About Brunswick Exploration

Brunswick Exploration is a Montreal-based mineral exploration company listed on the TSX-V under the symbol BRW. The Company is focused on grassroots exploration for lithium, a critical metal necessary to global decarbonization and energy transition. The company is rapidly advancing one of the extensive grassroots lithium property portfolios in Canada and Greenland, including the Mirage Project.

Investor Relations/information

Mr. Killian Charles, President and CEO (info@BRWexplo.com)

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.

FAQ

What is Brunswick Exploration's (BRWXF) new lithium exploration campaign in Greenland?

Brunswick Exploration has launched a six-week regional-scale prospecting and mapping initiative in Greenland using 4 crews and 2 helicopters, focusing on multiple areas including the Ivisaartoq spodumene discovery, Nuuk and Paamiut licenses, and Disko Bay and Uummannaq projects.

How many exploration crews and helicopters is BRWXF deploying in Greenland?

Brunswick Exploration is deploying 4 crews and 2 helicopters for their Greenland lithium exploration campaign.

What areas will BRWXF's Greenland lithium exploration cover?

The exploration will cover Ivisaartoq spodumene discovery, Nuuk and Paamiut licenses, Disko Bay and Uummannaq projects, and the newly acquired Hinksland project in East Greenland.

What is Brunswick Exploration's competitive advantage in Greenland lithium exploration?

Brunswick has a first-mover advantage, having consolidated nearly all accessible lithium targets in Greenland, and has built unique internal lithium expertise over four years of grassroots exploration.

When will BRWXF begin advanced exploration programs in Greenland?

Brunswick plans to begin advanced exploration programs in August and September 2025, based on results from the initial six-week campaign.