Count on to see extra M&A and consolidation within the lithium exploration house in North America because the push to shore up important minerals provide continues to direct funding actions and authorities incentives, based on Brunswick Exploration (TSXV:BRW,OTCQB:BRWXF) President and CEO Killian Charles.
The corporate government emphasised how exploration firms with promising belongings in good jurisdictions might catch traders’ consideration and doubtlessly consolidate.
“We noticed a major quantity of consolidation and M&A in Western Australia during the last 10 years,” Charles mentioned. “The house goes to be doing the very same factor in North America. There’s frankly no distinction as to why you would not see that very same quantity of M&A exercise. And corporations which have good belongings in sturdy jurisdictions — which is … what I believe Brunswick Exploration has — we’ll stand to realize from that profit.”
Brunswick Exploration began a Part 2 drilling marketing campaign at its Mirage undertaking on January 22; it’s focusing on extensions of identified pegmatite dykes and new potential outcrops which have but to be drill examined.
“We wish to show this 12 months that … Mirage is economically vital, it has an opportunity of being a mine,” he mentioned. “So which means plenty of drilling, plenty of prospecting … It will be a busy 12 months. Tons to do on the docket.”
Watch the complete interview with Brunswick Exploration President and CEO Killian Charles above.
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