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Brixton Metals Corp (2)
Symbol BBB
Shares Issued 197,811,224
Close 2021-07-23 C$ 0.17
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Brixton Metals finds visible gold at Thorn

2021-07-26 11:36 ET - News Release

Mr. Gary Thompson reports

BRIXTON METALS DISCOVERS VISIBLE GOLD AT SURFACE ABOVE A LARGE GEOPHYSICAL FEATURE AT THE THORN PROJECTA S TRAPPER GOLD TARGET

Brixton Metals Corp. has discovered visible gold in outcrop at the Trapper gold target on its wholly owned Thorn project. The Thorn project is located in Northwestern British Columbia, Canada.

Vice-president of exploration, Christina Anstey, stated: "Brixton acquired the Trapper claims from Kodiak Copper in 2020 where previous exploration identified a multikilometre gold trend through geochemical sampling and drilling. On July 21, 2021, visible gold was discovered in a previously unexplored outcrop on the east side of Inlaw Creek (assays pending). Brixton relogged and reanalyzed select mineralized intervals within six drill holes of the 42 holes that were drilled in 2011. Visible gold was identified in several of the relogged holes that was not noted in the original logs. Brixton is preparing for its maiden drill program at the Trapper target in the coming days."

Brixton contracted Expert Geophysics Ltd. to conduct 1,072 line kilomtres of airborne magnetic and mobile magnetotelluric (mobile MT or MMT) geophysical surveys covering the Trapper gold, Camp Creek porphyry, Outlaw gold and West copper targets. The results of the MMT identified a large resistivity feature which is coincident with the Trapper gold target that extends beyond two kilometres depth. Brixton plans to drill within this geophysical feature and the structures related to the visible gold that have been identified.

Trapper gold target

The Trapper gold target is located about eight km southeast from the Camp Creek target. The Trapper target represents a volcanic-hosted epithermal gold target where soil and rock sampling have identified a 7.5-kilometre-long northwest-trending gold anomaly. Rock sampling in 2020 identified a new area along Inlaw Creek that returned high-grade gold values, including 10 samples with values from six grams per tonne gold to 47.0 g/t Au. Forty-two drill holes totalling 8,581 metres were drilled at the Trapper target in 2011. Gold mineralization is hosted within iron carbonate altered Lapilli tuff of the triassic stuhini group volcanics, where intense quartz stockwork is associated with galena, pyrite plus/minus sulphosalts and plus/minus sphalerite.

Update on the Camp Creek porphyry drilling

Brixton completed 2,700 m of drilling so far this 2021 season and is currently drilling. Hole 181 was extended from 959.8 m to 1,087.2 m. Hole 183 was drilled from the same pad as 181 but at nearly opposite orientation and was drilled to a depth of 1,336.5 m depth. Hole 184 was collared 230 m northwest from the collar location of holes 181 and 183. Hole 184 has a target depth of 1,400 m to 1,500 m which is currently at about 1,200-metre depth. Assays are pending for these holes and shall be released upon receipt and quality assurance/quality control review.

Gary R. Thompson, PGeo, who is a qualified person as defined by National Instrument 43-101, has reviewed and approved the information in this press release.

About Brixton Metals Corp.

Brixton is a Canadian exploration and development company focused on the advancement of its mining projects toward feasibility. Brixton wholly owns four exploration projects, the Thorn copper-gold-silver project, the Atlin Goldfields projects located in northwest B.C., the Langis-HudBay silver-cobalt project in Ontario and the Hog Heaven silver-gold-copper project in northwest Montana, United States, which is under option by High Power Exploration. Brixton Metals shares trade on the TSX Venture Exchange under the ticker symbol BBB, and on the OTCQB under the ticker symbol BBBXF.

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