21:51:27 EDT Sat 13 Jul 2024
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Brigadier Gold Ltd (3)
Symbol BRG
Shares Issued 127,764,202
Close 2023-09-06 C$ 0.035
Market Cap C$ 4,471,747
Recent Sedar Documents

Brigadier begins follow-on phase 1 Nemaska2 exploration

2023-09-06 15:04 ET - News Release

Mr. Robert Birmingham reports

BRIGADIER INITIATES FOLLOW ON PHASE-1 EXPLORATION AT NEMASKA2 LITHIUM PROJECT, JAMES BAY, QUEBEC

Brigadier Gold Ltd. has commenced follow-on phase 1 exploration at its Nemaska2 property in James Bay in Quebec. Having successfully sampled multiple zones of shallow pegmatite mineralization during July, crews will now focus on the almost 50 per cent of the Nemaska2 property, which to date is unexplored.

The 2023 phase 1 exploration program is designed to identify targets for a Q3/Q4 2023 drill program. Sampling results will be made public when available. Brigadier's goal for this and future exploration at Nemaska2 is to prove the existence of bulk-tonnage, near-surface, lithium-bearing mineralization.

The phase 1 program at Nemaska2 is being carried out by the company's technical partner, Geologica Groupe-Conseil, of Val d'or, Que.

Phase 1 summer 2023 exploration program -- work completed to date

A total of 163 kilometres (km) of tracked traverses were completed between July 10 and July 28. One hundred and twenty-four pegmatite samples were collected in areas hosting pegmatite swarms in the north, northwest, central and southwest parts of the property. In addition, over 343 geo-observations, photos and descriptions were taken during this field program. The pegmatite dikes are generally hosted within dark pink medium-grain-size massive granites, vary in size from 30 centimetres (cm) to four metres (m) and have been observed over several tens of metres.

The samples were sent to ALS Global Laboratories of Val d'Or and assay results will be revealed as soon as available.

Management commentary

"We are highly encouraged with the results of our phase 1 work program, which successfully confirmed pegmatite occurrences mapped in historical government exploration and discovered new zones of previously undocumented shallow pegmatite mineralization. While we wait for completion of assays, we have initiated part two of this work program, which will focus on additional promising targets throughout our property," stated Robert Birmingham, president and chief executive officer of Brigadier Gold. "We anticipate that phase 1 results, combined with a recent data compilation study, could provide a number of prospective drill targets for a fall 2023 drill campaign."

Quebec lithium scene

In its aim to become a major player in the global supply chain for battery metals, a consortium of Ford Motor Co F.N. and South Korean companies announced on Aug. 17 that they would build a $1.2-billion (Canadian) plant to produce electric vehicle (EV) battery materials in Becancour, Que.

The past several months has seen the Eeyou Istchee James Bay region of Northern Quebec experiencing an unprecedented level of investment and exploration activity targeting lithium-bearing pegmatites.

On May 22, Nemaska Lithium announced a long-term lithium hydroxide supply agreement with Ford Motor Company. On June 14, Rio Tinto entered the James Bay region with a $65.5-million option agreement with Midland Exploration Inc. On Aug. 3, Patriot Battery Metals Inc. announced a $109-million investment with chemical processing multinational Albemarle.

Quebec is consistently ranked as a top-10 mining and exploration jurisdiction and enjoys robust support from the provincial government.

About Nemaska2 lithium project

The Nemaska2 project 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 Brigadier's Nemaska2 project are claims held by Li-Ft Power, Brunswick Exploration, Dios Exploration and Critical Elements Lithium, and about 23 kilometres to the east lies Nemaska Lithium's Whabouchi project.

Nemaska2 hosts easily accessible on-site infrastructure, including a power line, an aerodrome, a railway and an accommodations camp. The property is bisected by the region's primary east-west road and is approximately five kilometres by road from additional accommodations, fuel and supplies. A large portion of the property is also accessible by all-season logging roads, eliminating the need for any use of helicopters in reconnaissance, mapping, sampling or drilling.

Qualified person

Alain-Jean Beauregard, PGeo, a qualified person under National Instrument 43-101, has reviewed the technical contents of this news release and has approved the disclosure of the technical information contained herein.

Killala Lake option termination

On Aug. 29, 2023, the company provided notice of its intent to terminate the May 11, 2020, Killala Lake South option agreement.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.