| Announcement Date: | 2022-08-16 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Brixton Metals Corp. |
| Project name: | Thorn |
| Location: | Canada |
| Commodities: | Gold,Silver,Copper,Molybdenum |
| Highlight: | Drilling results incl. 967.71m @ 0.25% Cu, 0.09g/t Au, 2.39g/t Ag, 186ppm Mo from 335m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | VANCOUVER, British Columbia, August 16, 2022 (GLOBE NEWSWIRE) – Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to report its first drill hole results from the Camp Creek Cu-Au-Ag-Mo Porphyry Target on its wholly owned Thorn Project located in Northwestern British Columbia, Canada. The Thorn Project is located within the Taku River Tlingit and Tahltan First Nation’s traditional territory. The Camp Creek acid-sulphate alteration and geochemical expression further to the northeast is covered and unconformably overlain by a late rhyolite flowdome complex which suggests mineralization may continue under this volcanic cover (see Figure 1) providing for a 1km by 2km porphyry target area. The objective of hole THN22-201 was to reach a depth of 1500m between the 2021 holes THN21- 183 and THN21-184, where both holes ended in increasing copper grades downhole at 1336m and 1298m respectively. However, due to poor ground conditions hole THN22-201 was terminated at 1302.71m. Calc-alkalic porphyry Cu-Au-Ag-Mo mineralization is disseminated and within quartzanhydrite veins and as chalcopyrite-molybdenite veins-veinlets. Mineralization is hosted within Porphyry X, a crowded plagioclase porphyry of Cretaceous age (85.1Ma +- 1.1Ma), characterized by well-defined |
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