Brigadier Initiates Phase One Lithium Exploration Program With Compilation of Historical Work
Vancouver, British Columbia – May 19, 2023. Brigadier Gold Limited (the “Company”) (TSXV: BRG | FSE: B7LM | USA: BGADF) is pleased to share its
Brigadier Gold’s 100%-controlled Nemaska2 and Nemaska2 Extension cover a total of 8,300 hectares in the heart of Quebec’s new lithium district. The property is located ~23km West of Nemaska Lithium’s Whabouchi lithium mine (The Reserve estimates underpin a mine life of 33 years.*)
Nemaska2 features over 20 potentially large potentially spodumene-bearing pegmatite outcrops, and has exceptional access to infrastructure with an airport and paved highway within the property claims.
Join us on our journey as we strive to unlock shareholder value through cost-effective and comprehensive exploration on Nemaska2.
(* Nemaska Lithium website)
Brigadier Gold Corp.’s flagship asset, Nemaska2, is located in the heart of Quebec’s new lithium district, and 23km from Nemaska Lithium’s Whabouchie lithium mine, considered to be the 2nd biggest and richest lithium mine in the world, with a 33 year mine life and 27.3Mt of proven and probable reserves.
Nemaska2 features over 20 spodumene-bearing pegmatite outcrops, and has exceptional access to infrastructure with an airport and paved highway within the property claims.
Join us on our journey as we strive to unlock shareholder value through cost-effective and
comprehensive exploration on Nemaska2.
Demand
According to Benchmark Mineral Intelligence, demand for lithium mining must scale 20 times to
meet demand by 2050.
Premium Mining Destination
Quebec is experiencing a renaissance in lithium exploration with comprehensive Federal and Provincial support. Quebec recently issued a permit to restart spodumene (a mineral hosting lithium) concentrate operation that will become Canada’s only lithium concentrate, beginning in H1 2023.
Experience
Brigadier’s management brings decades of experience in capital markets, mineral exploration and business development. Our team works for the shareholders, aiming to increase value through prudent, aggressive exploration strategies and strategic acquisitions.
Located in the heart of North America’s newly emerging lithium district in Northern Quebec, the 8,300- hectare Nemaska2 property (including the contiguous Nemaska2 Extension) is adjacent to Li-Ft Power lithium project, Critical Elements Lithium, and west of Nemaska Lithium’s Whabouchi lithium mine.
Quebec is a highly attractive investment destination for lithium production due to its supportive resource development sector, access to skilled labour, and its proximity to the emerging European and North American electric vehicle markets. Canada also has free trade agreements with the United States and the European Union.
The Nemaska2 property hosts at least 20 white pegmatite outcrops which are potentially spodumene-bearing, most over 900 metres to 1,000 m squared, and consistent with that of the Nemaska, Li-FT Power and Critical Elements lithium projects.
The Quebec government carried out a large sampling program over the Nemaska2 property and the geological report points to these white pegmatites containing spodumene.
Further exploration of the property is recommended to identify additional pegmatite outcrops and spodumene occurrences.
(Click on map to enlarge)
Supply chain in the U.S. today for [EV] batteries is about 40,000 tons per year, which is going to go to excess of 400,000 tons per year by 2030. The entire world supply, today, needs to be replicated just for use in North America in less than 10 years… and global demand for lithium is expected to grow 4,000% by 2040 according to the International Energy Agency.”
“More and more, increased exploration into lithium mining is fuelling potential prospects, while new undertakings add momentum to the green future. Canada has an opportunity to lead the world’s lithium market and perhaps even far surpass our work in the oil and gas industry.” – Canadian Mining Journal, Sept 2022.
Canada's only lithium concentrate for market is scheduled to be processed in Quebec beginning in H1-2023, from a pegmatite hosted lithium feldspar (spodumene) source.
On December 15th, Reuters published the column “Lithium still super-charged as supply chases after demand”, discussing the ongoing supply crunch as automakers ramp up their EV offerings.
On January 31st, GM announced a $650 million investment into Lithium Americas to develop their Thacker Pass lithium mine in Nevada.