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Brixton Metals Corporation reports mineral exploration developments for gold, silver and copper projects in Canada, with news centered on drilling, assay results and target generation. Company updates have focused on the wholly owned Langis Silver Project in Ontario’s Cobalt Camp, the Thorn Project in northwestern British Columbia, and the Trapper Gold Target, including high-grade silver intervals, multi-element gold and silver results, geochemical sampling and structural-trend exploration.
Recurring disclosures also include project infrastructure context, exploration program scope and shareholder-approved capital-structure actions.
Brixton Metals Corporation (OTCQB: BBBXF) has received a third payment of USD$500,000 for its Hog Heaven Project, operated under a joint venture with Ivanhoe Electric Inc. Ivanhoe can earn up to a 75% interest through USD$44.5 million in project spending. The Hog Heaven Project, an advanced-stage copper-silver-gold site in Montana, shows promise with ongoing geological evaluations and drill target identification. Upcoming exploration drills are anticipated this summer. The company has also granted 3,202,500 stock options at $0.20 per share. The project has historical production of significant mineral resources, enhancing its future potential.
Brixton Metals Corporation announced the results of its 2022 drilling campaign at the Langis Project, Ontario, including 35 drill holes totaling 7114.90 meters. Key highlights include: Hole LM-22-265: 7.0m of 0.37% cobalt; Hole LM-22-283: 9.0m of 1037 g/t silver. Vice President of Exploration, Christina Anstey, expressed excitement over the successful drilling results, indicating the potential for further exploration despite no current budget for 2023. The company has identified 78 targets across 8 anomalous zones from an Alpha Induced Polarization survey, with 50 high-priority targets requiring testing, underscoring the potential for significant mineralization at the site.
Brixton Metals Corporation (OTCQB: BBBXF) has collaborated with the Taku River Tlingit First Nation (TRTFN) since 2013 and recently engaged in discussions regarding a new Watershed Plan for the Taku watershed. This plan includes Specially Managed Landscapes (SML) with high mineral potential, where sustainable mineral extraction will be considered. The Camp Creek and Trapper discoveries fall within these zones. Brixton is committed to involving stakeholders in exploration activities at its Thorn Project, located in British Columbia. The CEO emphasized a respectful and economically viable exploration approach.
Brixton Metals Corporation (OTCQB: BBBXF) announced strong results from the surface rock sampling and drilling at its Thorn Project in British Columbia. During the 2022 field season, 497 rock samples and 1,133 soil samples were collected. Notable highlights include 76 rock grab samples with over 1% copper, and 14 samples exceeding 10 g/t gold from the Metla Target. Sample D200413 recorded an impressive 32.8% copper and 10.9 g/t gold. The drill program, totaling 1,481.66 meters, targeted high-grade mineralization, yielding significant copper and gold assays. The company plans to advance these promising targets in its fully funded 2023 program.
Brixton Metals has released its final 2022 drilling results from the Camp Creek Porphyry Target in British Columbia, reporting significant gold and copper intercepts. The notable findings include 55.8 g/t Au over 1.5m and 779.65m of 0.37% CuEq. The drilling program, which began in May and concluded in October 2022, totaled 18,122 meters. A fully funded 2023 drill program is set to commence in late April to further explore the porphyry's potential, including a partnership with BHP. The results highlight the possibility of a larger mineralized area continuing under volcanic cover, strengthening the project's growth potential.
Brixton Metals Corporation (BBBXF) has released final 2022 drill results from the Trapper Gold Target at its Thorn Project in British Columbia. Key highlights include:
- Drill hole THN22-244: 253.00m of 1.40 g/t Au, including 12.31m of 16.18 g/t Au.
- Drill hole THN22-250: 232.00m of 0.95 g/t Au, featuring 1.49m of 41.75 g/t Au.
- Drill hole THN22-256: 138.00m of 1.20 g/t Au, with 46.39m of 1.84 g/t Au.
The 2022 drilling program totaled 9,119m at Trapper, showcasing potential for broad gold mineralization, with assays pending for additional holes. Results demonstrate a significant new gold discovery.
Brixton Metals Corporation (BBBXF) announced promising drill results from the Trapper Gold Target at its Thorn Project, located in Northwest British Columbia. The highlights include:
- THN22-237: 304.46m of 1.19 g/t Au, with intervals of 2.62 g/t Au and 10.70 g/t Au.
- THN22-243: 398.30m of 0.85 g/t Au, showcasing high-grade intervals including 20.71 g/t Au.
- 2022 drilling campaign included 58 holes for a total of 18,200m, targeting various mineralization zones.
Future assay results are pending from the remaining drill holes, indicating potential for further discoveries.
Brixton Metals Corporation reported significant drilling results from its Thorn Project in British Columbia, highlighting mineralization in the Camp Creek Cu-Au-Ag-Mo Porphyry Target. Notable results include hole THN22-213, which intersected 709m of 0.34% CuEq, and hole THN22-231, showing 778m of 0.30% CuEq. The company aims to further explore the potential high-grade copper core of the Camp Creek target, indicating ongoing exploration efforts. The company drilled a total of 18,122 meters in 2022 with considerable mineralized intervals, enhancing the project's potential.
Brixton Metals Corporation (BBBXF) announced promising drill results from its Thorn Project in British Columbia. Noteworthy highlights include Hole THN22-255, which returned 262m of 1.04 g/t Au, showcasing multiple high-grade intervals, including 6.93m of 7.16 g/t Au. Additionally, Hole THN22-254 yielded 102m of 1.02 g/t Au. The company is optimistic about the Trapper Gold Target's expansion potential, as mineralization remains open in all directions. A total of 58 holes were drilled as part of the 2022 program, focusing on multiple targets with assays expected soon.
Brixton Metals Corporation (BBBXF) announced significant drill results from its Langis Project in Ontario, targeting cobalt-nickel mineralization. The first drill hole, LM-22-254, achieved a notable 30.50m interval averaging 0.35% cobalt, with high-grade sections including 3.50m of 1.89% cobalt and 0.50m of 9.01% cobalt. Vice President of Exploration, Christina Anstey, expressed excitement over confirming high-grade cobalt. The 2022 drill program includes 7,000m planned, commencing in early November and expected to conclude around December 20.