Brixton Metals Corporation
(TSX-V: BBB, OTCQB:
BBBXF) (the “
Company” or
“
Brixton”) is pleased to announce additional and
final 2022 drill results from the Trapper Gold Target at its wholly
owned Thorn Project. The project is located in Northwest British
Columbia within the Taku River Tlingit and Tahltan First Nation’s
traditional territory.
Highlights
- Hole THN22-244 yielded
253.00m of 1.40 g/t Au from 42m depth
- Including 157.00m of 2.10 g/t
Au
- Including 93.00m of 3.22
g/t Au
- Including 20.00m of 10.77 g/t
Au
- Including 12.31m of 16.18
g/t Au
- Hole THN22-250 yielded
232.00m of 0.95 g/t Au from 9m depth
- Including 70.00m of 2.60
g/t Au
- Including 25.00m of 4.47 g/t
Au
- Including 13.00m of 6.05
g/t Au
- Including 1.49m of 41.75 g/t
Au
- Hole THN22-256 yielded
138.00m of 1.20 g/t Au
- Including 46.39m of 1.84 g/t
Au
- Including 17.59m of 4.09
g/t Au
- Including 8.34m of 5.02 g/t Au
Vice President of Exploration, Christina Anstey,
stated, “We are delighted with these final drill results from the
2022 program at the Trapper Gold Target, which confirms a
significant new gold discovery. We are highly encouraged by the
broad gold intercepts and high-grades drilled on the Trapper Gold
Target to date. We look forward to reporting on the additional
results from the Camp Creek and Metla Targets from the 2022
season.”Figure 1. Gold Geochemistry and Trapper Target Location
Map.
Table 1. Select Mineralized Intervals for the
Trapper Target Drilling.
Hole ID |
From (m) |
To (m) |
interval (m) |
Au (g/t) |
THN22-244 |
42.00 |
295.00 |
253.00 |
1.40 |
including |
87.00 |
244.00 |
157.00 |
2.10 |
including |
151.00 |
244.00 |
93.00 |
3.22 |
including |
151.00 |
171.00 |
20.00 |
10.77 |
including |
155.00 |
167.31 |
12.31 |
16.18 |
|
|
|
|
|
THN22-250 |
9.00 |
241.00 |
232.00 |
0.95 |
including |
171.00 |
241.00 |
70.00 |
2.60 |
including |
177.00 |
202.00 |
25.00 |
4.47 |
including |
188.00 |
201.00 |
13.00 |
6.05 |
including |
197.00 |
201.00 |
4.00 |
10.41 |
including |
238.20 |
239.69 |
1.49 |
41.75 |
|
|
|
|
|
THN22-256 |
5.00 |
143.00 |
138.00 |
1.20 |
including |
20.66 |
67.05 |
46.39 |
1.84 |
including |
20.66 |
38.25 |
17.59 |
4.09 |
including |
20.66 |
29.00 |
8.34 |
5.02 |
|
|
|
|
|
All assay values are uncut weighted averages and
intervals reflect drilled lengths as further drilling is required
to determine the true widths of the mineralization.
The 2022 program at the Trapper Gold Target
totaled 9,119m of drilling. This News Release covers 1,972.68m of
drilling and is the balance of the Trapper drilling results from
2022. Assays are pending for the remaining 9 drill holes, one from
the Camp Creek Target and eight from the Metla Target, which will
be released as they become available.
Figure 2. Collar Locations and Drill Traces at
the Trapper Target.
DiscussionGold mineralization
at Trapper is structurally controlled, and northwest, east-west and
northeast trends have been identified. Mineralization appears to
favour the contact between the Cretaceous (85.2 +/- 1.2Ma) quartz
diorite and the Triassic lapilli tuff volcanic rocks with broad
gold intervals largely hosted within the quartz diorite unit. The
gold is associated with silver and base metal veins as
pyrite-galena-sphalerite +/- chalcopyrite +/- bornite. With the use
of oriented core measurements, surface mapping, geochemistry and
magnetics, the aim is to achieve predictability of the gold-bearing
zones. The current drilling at the Trapper Target is located about
7km southeast from the Camp Creek Copper Porphyry Target. The
Trapper Target at surface is expressed as a 4km northwest trending
gold and zinc soil geochemical anomaly, which is part of the larger
11km gold geochemical anomaly as seen in Figure 1.
The 2022 Phase 2 drill campaign at Trapper was
designed to test the southern and eastern extensions of the main
mineralized trend, previously identified in 2021 and early 2022.
Step-out drilling was planned through a combination of mapping,
oriented core data, and soil geochemistry, where soil samples
collected during the 2022 field season extended the gold and zinc
soil anomaly to the south and east. Results from the 2022 drill
program continue to demonstrate the potential for broad intercepts
of near surface gold mineralization which remains open in all
directions.
Figure 3. Cross Section of the Reported Gold
Intercepts, Trapper Gold Target, Southwest View.
Drill hole THN22-244 was collared 76m
south-southwest of THN22-209 (48.0m of 1.05 g/t Au at 12.0m depth)
to test the down-dip extents of mineralization within broader
intervals of quartz diorite and the contact with the lapilli tuff.
The diorite and lapilli tuff have been identified as favorable
hosts for gold-bearing mineralized structures at Trapper. The hole
intersected the quartz diorite at 15.1 meters depth where intervals
of base metal sulphide veins containing visible gold (Figure 4)
were observed resulting in significant broad intercepts of gold
mineralization. THN22-244 drilled at an azimuth of 24 degrees, a
dip of -47 degrees, to a depth of 341.07m, assaying 253.00m of 1.40
g/t Au from 42m depth, including 157.00m of 2.10 g/t Au, including
93.00m of 3.22 g/t Au, including 20.00m of 10.77 g/t Au and
including 12.31m of 16.18 g/t Au.
THN22-250 was drilled from the same pad as
northbound hole THN22-205 (64.0m of 5.74g/t Au) at an azimuth of 28
degrees, and a dip of -55 to test the continuity of mineralization
to the east of THN22-205. THN22-250 was drilled to a depth of
321.86m and intercepted 232.00m of 0.95 g/t Au, including 70.00m of
2.60 g/t Au including 25.00m of 4.47 g/t Au, including 13.00m of
6.05 g/t Au including 4.00m of 10.41 g/t Au and including 1.49m of
41.75 g/t Au (Figure 5).
Drill hole THN22-256 was drilled from the same
pad as previously released holes THN22-257 and THN22-254, located
50m east of THN22-237. The pad location was planned to test the
southeast extension of the projected diorite-lapilli tuff contact
and the main mineralized trend interpreted from soil geochemistry
and oriented drill core data. THN22-256 was drilled at an azimuth
of 8 degrees, a dip of -57, and to a depth of 145.08m. THN22-256
intercepted the quartz diorite at surface with grades of 138.00m of
1.20 g/t Au, including 46.39m of 1.84 g/t Au, including 17.59m of
4.09g/t Au and including 8.34m of 5.02 g/t Au.
Figure 4. Visible Gold Photographs of HQ core
from hole THN22-244.
Figure 5. Visible Gold Photographs of HQ core
from holes THN22-250 and THN22-256.
THN22-220 was drilled at an azimuth of 348
degrees, a dip of -55 degrees and to a depth of 352.04m, collared
37m east of THN21-186 (139.0m pf 2.14g/t Au), testing the
mineralization continuity in that direction. Hole 220 intercepted
322.33m of 0.33 g/t Au, including 121.00m of 0.72 g/t Au including
61.00m of 1.08 g/t Au, including 28.00m of 2.12 g/t Au and
including 7.00m of 7.72 g/t Au. THN22-222 was drilled down-dip of
THN22-220 at a dip of -71 degrees and to a depth of 243.23m,
returning 221.73m of 0.41 g/t Au, including 58.00m of 0.77 g/t Au,
including 23.00m of 1.23 g/t Au, and including 3.00m of 6.34 g/t
Au.
THN22-240 was drilled down-dip of THN22-237 at
an azimuth of 26 degrees, a dip of -63 degrees, to a depth of
213.09m and intercepted 110.00m of 0.32 g/t Au, including 27.73m of
0.63 g/t Au and including 9.00m of 1.03 g/t Au.
THN22-238 was the easternmost hole drilled at
the Trapper Target this season, setup 60m east-southeast of hole
THN22-256. THN22-238 was drilled at an azimuth of 24 degrees, a dip
of -47 degrees and to a depth of 181.36m and returned 135.50m of
0.20 g/t Au, including 7.30m of 0.87 g/t Au, demonstrating that the
gold mineralization continues eastward.
THN22-253 was part of a series of holes drilled
from the THN22-256 pad, testing the down-dip and eastern extents of
the mineralized trend at an azimuth of 25 degrees, a dip of -65
degrees and total depth of 32.31m, which returned 25.31m of 1.18
g/t Au.
THN22-242 was a northbound hole drilled from the
same pad as THN22-244, down-dip of THN22-241 (198.0m of 0.74g/t
Au). The hole did not intersect the quartz diorite and returned
insignificant results.
Table 2. Additional Select Reported Mineralized
Intervals for the Trapper Target Drilling.
Hole ID |
From (m) |
To (m) |
interval (m) |
Au (g/t) |
THN22-220 |
10.67 |
333.00 |
322.33 |
0.33 |
|
79.00 |
200.00 |
121.00 |
0.72 |
|
139.00 |
200.00 |
61.00 |
1.08 |
|
172.00 |
200.00 |
28.00 |
2.12 |
|
193.00 |
200.00 |
7.00 |
7.72 |
|
|
|
|
|
THN22-240 |
6.00 |
116.00 |
110.00 |
0.32 |
|
85.00 |
112.73 |
27.73 |
0.63 |
|
85.00 |
94.00 |
9.00 |
1.03 |
|
|
|
|
|
THN22-238 |
42.00 |
177.50 |
135.50 |
0.20 |
|
42.00 |
49.30 |
7.30 |
0.87 |
|
|
|
|
|
THN22-253 |
7.00 |
32.31 |
25.31 |
1.18 |
|
|
|
|
|
THN22-242 |
no significant assays |
|
|
|
|
|
THN22-222 |
21.50 |
243.23 |
221.73 |
0.41 |
|
99.00 |
157.00 |
58.00 |
0.77 |
|
143.00 |
166.00 |
23.00 |
1.23 |
|
143.00 |
157.00 |
14.00 |
1.82 |
|
143.00 |
146.00 |
3.00 |
6.34 |
|
|
|
|
|
All assay values are uncut weighted averages and
intervals reflect drilled lengths as further drilling is required
to determine the true widths of the mineralization.
Drilling Information
Table 3. Drill Collar and Hole Information of
Current News Release.
Thorn Drill Holes: This Release |
Hole ID |
Easting |
Northing |
Elevation (m) |
Azimuth |
Dip |
Depth (m) |
Zone |
Status |
THN22-220 |
630376 |
6485538 |
1286.59 |
348 |
-55 |
352.04 |
Trapper |
Current Release |
THN22-222 |
630376 |
6485538 |
1286.58 |
348 |
-71 |
243.23 |
Trapper |
Current Release |
THN22-238 |
630459 |
6485405 |
1260.78 |
24 |
-47 |
181.36 |
Trapper |
Current Release |
THN22-240 |
630348 |
6485433 |
1307.80 |
26 |
-63 |
213.09 |
Trapper |
Current Release |
THN22-242 |
630257 |
6485477 |
1323.75 |
1 |
-66 |
142.64 |
Trapper |
Current Release |
THN22-244 |
630258 |
6485477 |
1323.46 |
24 |
-47 |
341.07 |
Trapper |
Current Release |
THN22-250 |
630221 |
6485569 |
1335.95 |
28 |
-55 |
321.86 |
Trapper |
Current Release |
THN22-253 |
630410 |
6485436 |
1275.95 |
25 |
-65 |
32.31 |
Trapper |
Current Release |
THN22-256 |
630409 |
6485437 |
1275.76 |
8 |
-57 |
145.08 |
Trapper |
Current Release |
Total Meters |
|
|
|
|
|
1972.68 |
|
|
|
|
|
|
|
|
|
|
|
About the Trapper Gold
Target
The geochemical footprint for the Trapper Gold
Target was expanded in 2021 to 4km by 1.5km. The gold-in-soil
geochemical signature has a strong positive correlation to zinc and
lead. The Trapper Target represents a volcanic and intrusive hosted
gold target. The volcanics are Triassic Stuhini lapilli tuff and at
least two intrusive phases have been identified as diorite and
quartz diorite. Age-dating for the mineralized intrusive is
Cretaceous of 85.2Ma +- 1.2Ma. Visible gold has been identified in
core and surface outcrops across the Trapper Target area. Rock grab
samples have returned up to 135 g/t Au. Visible gold is recognized
in several environments: within base metal-veins-veinlets
(sphalerite-galena-pyrite-chalcopyrite), quartz-stockwork,
sulphosalt-pyrite veinlets, and disseminated gold in the diorite.
In 2022, Brixton drilled 9,119m. In 2021, Brixton drilled 3,107m.
In 2011, forty-two drill holes were completed by a previous
operator, totaling 8,581m, where drill hole TG11-11 returned 32.64m
of 1.78 g/t Au including 0.41m of 92.8 g/t Au with visible gold.
The Trapper Target is royalty free.
Quality Assurance & Quality
Control
Quality assurance and quality control protocols
for drill core sampling was developed by Brixton. Core samples were
mostly taken at 1.0m intervals. Blank, duplicate (lab pulp) and
certified reference materials were inserted into the sample stream
for at least every 20 drill core samples. Core samples were cut in
half, bagged, zip-tied and sent directly to ALS Minerals
preparation facility in Whitehorse, Yukon. Some shipments were
re-directed to the ALS preparation facility in Winnipeg to improve
assay turn around time. ALS Minerals Laboratories is registered to
ISO 9001:2008 and ISO 17025 accreditations for laboratory
procedures. Samples were analyzed at ALS Laboratory Facilities in
North Vancouver, British Columbia for gold by fire assay with an
atomic absorption finish, whereas Ag, Pb, Cu and Zn and 48
additional elements were analyzed using four acid digestion with an
ICP-MS finish. Over limits for gold were analyzed using fire assay
and gravimetric finish. The standards, certified reference
materials, were acquired from CDN Resource Laboratories Ltd., of
Langley, British Columbia and the standards inserted varied
depending on the type and abundance of mineralization visually
observed in the primary sample. Blank material used consisted of
non-mineralized siliceous landscaping rock. A copy of the QAQC
protocols can be viewed at the Company’s website.
About the Thorn Project
The wholly-owned 2,900 square kilometer Thorn
Project is located in British Columbia, Canada, approximately 90 km
northeast of Juneau, AK. The southern limit of the Thorn claim
boundary is roughly 50 km from tide water. The Thorn Project hosts
a district-scale 80km trend of Triassic to Eocene, volcano-plutonic
complex and related sedimentary units with several styles of
mineralization related to porphyry and epithermal environments.
Fourteen large-scale copper-gold targets have been identified for
further exploration work. Information on each of the targets may be
found at the following link:
https://brixtonmetals.com/thorn-gold-copper-silver-project/
Qualified Person
Mr. Gary R. Thompson, P.Geo., is Chief Executive
Officer for the company and a qualified person as defined by
National Instrument 43-101. Mr. Thompson has verified the data
disclosed in this press release, including the sampling,
analytical and test data underlying the information and has
approved the technical information in this press release.
About Brixton Metals
Corporation
Brixton Metals is a Canadian exploration company
focused on the advancement of its mining projects. Brixton wholly
owns four exploration projects: Brixton’s flagship Thorn
copper-gold-silver-molybdenum Project, the Atlin Goldfields
Projects located in NW BC (now under Option to Pacific Bay
Minerals, the Langis-HudBay silver-cobalt-nickel Project in
Ontario, and the Hog Heaven copper-silver-gold Project in NW
Montana, USA (under option to Ivanhoe Electric Inc.). Brixton
Metals Corporation shares trade on the TSX-V under the ticker
symbol BBB, and on the OTCQB under the ticker
symbol BBBXF. For more information about Brixton,
please visit our website at www.brixtonmetals.com.
On Behalf of the Board of Directors
Mr. Gary R. Thompson, Chairman and CEOTel:
604-630-9707 or email: info@brixtonmetals.com
For Investor Relations, please contact:
Neil MacRae, Investor RelationsTel: 604-630-9707
or email: neil.macrae@brixtonmetals.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Information set forth in this news release may
involve forward-looking statements under applicable securities
laws. Forward-looking statements are statements that relate to
future, not past, events. In this context, forward-looking
statements often address expected future business and financial
performance, and often contain words such as “anticipate”,
“believe”, “plan”, “estimate”, “expect”, and “intend”, statements
that an action or event “may”, “might”, “could”, “should”, or
“will” be taken or occur, including statements that address
potential quantity and/or grade of minerals, potential size and
expansion of a mineralized zone, proposed timing of exploration and
development plans, or other similar expressions. All statements,
other than statements of historical fact included herein including,
without limitation, statements regarding the use of proceeds. By
their nature, forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause our actual
results, performance or achievements, or other future events, to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Such factors include, among others, the following
risks: the need for additional financing; operational risks
associated with mineral exploration; fluctuations in commodity
prices; title matters; and the additional risks identified in the
annual information form of the Company or other reports and filings
with the TSXV and applicable Canadian securities regulators.
Forward-looking statements are made based on management’s beliefs,
estimates and opinions on the date that statements are made and the
Company undertakes no obligation to update forward-looking
statements if these beliefs, estimates and opinions or other
circumstances should change, except as required by applicable
securities laws. Investors are cautioned against attributing undue
certainty to forward-looking statements.
Figures accompanying this announcement are available
at:
https://brixtonmetals.com/wp-content/uploads/2023/01/Figure-1_12Jan2023.jpg
https://brixtonmetals.com/wp-content/uploads/2023/01/Figure-2_12Jan2023.jpg
https://brixtonmetals.com/wp-content/uploads/2023/01/Figure-3_12Jan2023.jpg
https://brixtonmetals.com/wp-content/uploads/2023/01/Figure-4_12Jan2023.jpg
https://brixtonmetals.com/wp-content/uploads/2023/01/Figure-5_12Jan2023.jpg
Brixton Metals (TSXV:BBB)
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過去 株価チャート
から 12 2023 まで 12 2024