Brunswick on Friday announced the sale of the Irene Lake property, in Quebec, to TomaGold.
The property is about 45 km southwest of the Chibougamau mining camp and is contiguous and to the west of TomaGold and Iamgold’s Monster Lake project.
The Irene Lake property comprises 14 mining claims, for which Brunswick will receive $65 000.
There is a 2% existing net smelter return royalty on the claims.
Brunswick is currently evaluating several properties of merit to enhance shareholder value.