04:07:42 EDT Mon 29 Apr 2024
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or Name
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Brigadier Gold Ltd (3)
Symbol BRG
Shares Issued 115,239,689
Close 2023-05-18 C$ 0.08
Market Cap C$ 9,219,175
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Brigadier to begin Nemaska2 2023 exploration June 1

2023-05-19 09:28 ET - News Release

Mr. Robert Birmingham reports

BRIGADIER INITIATES PHASE ONE LITHIUM EXPLORATION PROGRAM WITH COMPILATION OF HISTORICAL WORK

Brigadier Gold Ltd. has released its plans to complete a geoscientific data compilation program for its Nemaska2 lithium property, James Bay, Quebec. Of particular focus are the results of historical exploration programs conducted on the recently added extension mineral claims at Nemaska2. The company anticipates the findings of the data compilation program will assist with continuing fieldwork that is set to begin.

The historical data compilation, as well as the exploration programs at Nemaska2, will be carried out by the company's technical partner, Geologica Groupe-Conseil, of Val d'or, Que.

Spring 2023 exploration program

The focus of the program is to confirm and further delineate pegmatite outcrops mapped and sampled in historical government work at Nemaska2, with a particular focus on the approximately 20 white pegmatite outcrops, each approximately 1,000 square metres in size. Particular attention will be applied to discover the possible existence of pegmatite dikes or other favourable structures. Subject to ground conditions, including snow pack, phase 1 fieldwork is forecast to commence June 1, 2023. The company anticipates this initial program will delineate targets for a mid-summer inaugural drill program.

"We are excited as we initiate our phase 1 work program at Nemaska2, alongside our reputable exploration partner, Geologica," stated Robert Birmingham, president and chief executive officer of Brigadier Gold. "Compiling and analyzing historical data from previously completed exploration at Nemaska2 is expected to add crucial information we expect will aid in focusing on the highest-value targets on our property."

Nemaska2 may be one of the most conveniently located properties in the region for access, logistics and infrastructure, which will allow Brigadier to conduct its exploration programs and publish results in an efficient and timely manner.

With the recently closed private placement, the company is fully funded to carry out phase 1 exploration at Nemaska2.

Historical exploration

The Quebec government has previously carried out a large sampling program and also an airborne magnetometric survey over Nemaska2 which shows the presence of several low magnetic anomalies, likely corresponding with fractures or shear zones within the granitic Valiquette Pluton. These structures are generally favourable to the formation of pegmatites and other metals. The presence of pegmatites recognized during the regional reconnaissance mapping, anomalous values of Li (lithium) and Cs (cesium) in regional till sampling, and the presence of a major lithium deposit (Whabouchi deposit) in the area, are all elements favourable to the existence of mineralization sought by the company.

More information can be found in the National Instrument 43-101 technical report filed by the company under its SEDAR profile on March 14, 2023.

About Nemaska2 lithium project

Nemaska2 consists of 162 map-designated mining titles (Nemaska2 and Nemaska2 extension) covering a total area of 8,300 hectares, and is located in Northern Quebec, approximately 160 kilometres east of James Bay, near the community of Nemaska. Neighbouring Nemaska2 are claims held by Li-Ft Power, Brunswick Exploration, Dios Exploration and Critical Elements Lithium, and approximately 23 kilometres to the east lies Nemaska Lithium's Whabouchi project.

Qualified person

Garry Clark, PGeo, a member of the company's board of directors, is a qualified person under National Instrument 43-101, and has reviewed the technical contents of this news release and approved the disclosure of the technical information contained herein.

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