The Elrond Project comprises 136 claims with a total surface area of 7,048 hectares, located roughly 12 kilometers east of the Billy Diamond Highway in Quebec’s James Bay region. The Elrond Project is part of the Mythril Option agreement with Midland Exploration Inc. whereby BRW can earn a maximum of 85% interest in the project. For further details see press release dated November 10 2022.
In the fall of 2023, BRW uncovered a new, undocumented spodumene-bearing pegmatite, known as the Arwen showing, that is exposed over a surface area measuring approximately 250 meters by 100 meters, dipping very shallowly to the north. The pegmatite remains open in all directions (See press release dated October 3rd 2023).
The Arwen outcrop is well mineralized in spodumene throughout the showing with an apparent higher-grade zone, containing up to 30% spodumene, which has a visible extent of approximately 75 by 15 meters. The spodumene crystals are well formed and up to 30 centimeters in length with an off-white color and were confirmed through LIBS analysis and UV light.
An inaugural drill program is planned for Q1 2024 to drill test the Arwen pegmatite.