Mr. Killian Charles reports

BRUNSWICK EXPLORATION STARTS WINTER DRILLING CAMPAIGN AT MIRAGE

Brunswick Exploration Inc. has started a phase 2 drilling campaign at the Mirage project, located in the Eeyou-Istchee James Bay region of Quebec. The winter drill program is targeting extensions of known pegmatite dikes (MR-1 to MR-6) and new prospective outcrops that have yet to be drill tested. The campaign will operate from a new Brunswick exploration camp located along the Trans-Taiga Road.

Killian Charles, president and chief executive officer of Brunswick Exploration, commented: "This will be an exciting 2024 start for BRW as we immediately commence a significant drill program at Mirage. The drilling campaign will aggressively target known dikes with wide step-backs and deeper holes. It is our intention to rapidly demonstrate the potential to build tonnage at Mirage, especially in the higher-grade dikes. Brunswick Exploration is well financed, and ready to execute its 2024 exploration program across Mirage, its latest discoveries at Elrond and Anatacau, as well as the rest of its prospective portfolio."

Mirage drill program

The 2024 winter drill campaign is now under way and this current phase is anticipated to be completed over a period of approximately three months. The primary objective of the program is to demonstrate tonnage potential with significant stepouts where Brunswick Exploration previously obtained high-grade lithium values over significant thicknesses (see press releases of Dec. 4 and 19, 2023, and Jan. 18, 2024). The planned drill holes are distributed over the 2.8-kilometre known strike length to test the entire spodumene-bearing pegmatite dike swarm. The program will also investigate the entire geological disposition of the dike swarm to a vertical depth of 250 metres. The Mirage project currently comprises more than 10 spodumene-bearing pegmatites reaching surface of varying widths and grade distributed over a broad 2.8-by-2.0-kilometre area, of which only six have been drilled and are all open in multiple directions, with substantial growth potential.

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. 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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