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Brixton Metals Corp (2)
Symbol C : BBB
Shares Issued 90,266,981
Close 2019-05-13 C$ 0.125
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Brixton Metals plans 2019 exploration for Thorn

2019-05-14 09:59 ET - News Release

Mr. Gary Thompson reports

BRIXTON METALS TARGETS COPPER PORPHYRY AT ITS THORN PROJECT

Brixton Metals Corp. has released its 2019 exploration plans at its wholly owned Thorn project, which will focus on two large-scale copper porphyry targets on the property.

Phase 1 highlights:

  • Planned phase 1 drilling of a 1,000-metre hole at the Oban diatreme breccia, which is part of the Camp Creek copper corridor, where hole 85 returned 30 metres of 1.18 per cent copper and hole 119 ended in 0.53 per cent copper at 383 metres depth; true width of the above copper mineralization intervals is unknown at this time;
  • The Camp Creek copper corridor trends northeast for 1.5 kilometres (Oban to Glenfiddich zones) and represents a high-level, high-sulphidation mineralized system interpreted to be indicative of a blind porphyry; surface rock-chip and grab samples from the Camp Creek trend have returned copper grades up to 32.6 per cent; these are select samples and are not representative of the mineralization hosted on the property.

Gary R. Thompson, chairman and chief executive officer of Brixton Metals, stated: "We are excited to be drilling at Thorn this season, and, now, with a copper porphyry focus, we believe that we can start to unlock the potential of the district-scale property. Phase 1 drilling is anticipated to begin early June and it should take about two weeks to complete the deep core hole. Upon completion of the deep hole at the Oban diatreme, we plan to shift our focus to drilling at the Atlin goldfields project while we await assay results from Thorn. Subject to additional funding, we plan to drill five to eight holes on the Chivas copper porphyry target at Thorn to depths of 300 to 500 metres."

Phase 2 highlights

The proposed phase 2 drilling will focus on the Chivas copper porphyry target, which has the following characteristics:

  • A potential target for Tier 1 metal endowment;
  • A greater-than-five-square-kilometre copper-gold-molybdenum-in-soil anomaly;
  • Metal ratios of molybdenum to arsenic and silver to gold in soils and rocks that show patterns that are consistent with known porphyry systems;
  • Porphyry-style veins and alteration which were intersected in 2017 drilling;
  • Increased chalcopyrite-to-pyrite ratio vectors to the Chivas porphyry.

In addition, during the 2018 field mapping and geochemical sampling program, three grab samples collected have returned gold values of 9.27 grams per tonne gold, 12.55 grams per tonne gold and 39.4 grams per tonne gold. These are select samples and are not representative of the mineralization hosted on the property.

Sorin Posescu, PGeo, is a qualified person as defined under National Instrument 43-101 standards and has reviewed and approved this news release.

About Brixton Metals Corp.

Brixton is a Canadian exploration and development company focused on the advancement of its projects toward feasibility. Brixton wholly owns four exploration projects: the Thorn copper-gold-silver project and the Atlin goldfield project located in northwestern British Columbia, the Langis-Hudson Bay silver-cobalt project in Ontario, and the Hog Heaven silver-gold-copper project in northwestern Montana, United States. The company is actively seeking joint venture partners to advance one or more of its projects.

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