Brixton Metals Corporation
(TSX-V: BBB, OTCQB:
BBBXF) (the “
Company” or
“
Brixton”) is pleased to report new assay results
from surface rock and soil samples collected in 2023 on the Metla
& West Targets as well as additional regional targets across
the Thorn Project. The Metla and West Targets, are two of Brixton’s
14 currently recognized copper-gold-silver targets at the wholly
owned Thorn Project, located in Northwestern British Columbia,
Canada.
Geochemical Highlights
- 18 rock grab samples yielded
greater than 1% copper with 11 samples yielding greater than 5%
copper at the West Target
- 4 rock grab samples assayed greater
than 10.0% Cu
- Sample D200955 assayed 16.7% Cu,
327 g/t Ag, and 0.1 g/t Au
- Sample D200956 assayed 16.3% Cu,
817 g/t Ag, and 0.2 g/t Au
- Sample D200326 assayed 16.2% Cu,
725 g/t Ag, and 0.1 g/t Au
- 9 rock grab samples yielded greater
than 5 g/t Au and 6 rock grab samples assayed greater than 1% Cu at
the Metla Target
- 4 rock grab samples assayed greater
than 10 g/t Au
- Sample D200670 and D200671 assayed
52.5 g/t Au and 51.7 g/t Au respectively
- Sample D200532 assayed 38.4 g/t Au,
973 g/t Ag and 0.3% Cu
- Sample D200674 assayed 4.2% Cu,
43.7 g/t Ag and 0.19 g/t Au
- Sample D200609 assayed 3.8% Cu and
42.7 g/t Ag
- Sample D200261 assayed 4120 g/t Ag,
9.02 g/t Au and 1.2% Cu
- Rock grab sample D200444 assayed 19.9 g/t gold and 138 g/t
silver and sample D200287 assayed 15.2 g/t Au and 23.8 g/t Ag at
the Trapper Gold Target
- Rock grab sample D200553 assayed 3.4% Cu and D200335 assayed
1.5% Cu at the East Target
Chairman & CEO, Gary Thompson, stated,
“Classic boots on the ground work continues to identify new
mineralized outcrop on a regular basis on the Thorn Project with
lots of ground yet to cover. We are looking forward the completion
of the 2023 geochemistry program aiding in new drill targets for
next season.”
2023 Summary
The 2023 exploration season on the Thorn Project
started mid-May and remains ongoing, with surface geochemical
sampling being conducted across multiple target zones to date.
Regional fieldwork has been focused on advancing early-stage
exploration targets such as the Metla, North, and Bing Targets with
the goal of generating drill-ready targets for the 2024 field
season. Additionally, reconnaissance geochemical sampling has also
been completed on multiple regional exploration target areas across
the 2,863 km² project to test new areas for potential porphyry and
epithermal style mineralization. While the majority of 2023 assay
results are yet to be received, highlights from initial assay
results are reported herein for the Metla, West, North, Bing, and
Trapper targets.
Figure 1. Location Map of the Thorn Project with
Copper Geochemistry.
West Target
The West Target is located approximately 5km
southwest of Thorn Camp and 6km west of Brixton’s Camp Creek
Cu-Mo-Au porphyry target and hosts significant copper-silver
mineralization. Assay results from 2023 surface rock grab samples
have returned 18 samples greater than 1.0% copper, including 11
samples greater than 5.0% copper. Highlights from recent assays
include, 16.7% copper and 327 g/t Ag from sample D200955, 16.3 %
copper and 817 g/t Ag from sample D200956, as well as 16.2% copper
and 725 g/t Ag from sample D200326 sampled from semi-massive
quartz-base metal sulphide veins hosted in a propylitic altered
quartz-hornblende diorite. Additional work is ongoing at West
Target to further define the extents of the mineralization and
determine the potential for porphyry copper mineralization in the
area.
Figure 2. Location Map of the West Target with
Copper Geochemistry.
Metla Target
The Metla Target claims were acquired by Brixton
in 2020 and is an early-stage porphyry-epithermal target located
25km southeast of Thorn Camp. A large geochemical sampling program
completed in 2022 field season returned significant assay results
for both gold and copper. See NR dated ‘January 23rd, 2023’.
Fieldwork in 2023 has focused on expanding upon 2022 results and
highlights from initial assay results are listed in Table 2,
including 52.5 g/t Au and 51.7 g/t Au from surface samples D200670
and D200671 collected form polymetallic quartz veins hosted in a
foliated quartz-diorite. Additional results include 4.5% Cu and
3.8% Cu from samples D200674 and D200609 collected from
quartz-pyrite-chalcopyrite veins. Geological mapping and
geochemical sampling are ongoing across the Metla Target which
continue to broaden the copper-gold mineralized footprint and scale
potential in this area.
Figure 3. Location Map of the Metla Target with
Gold & CopperGeochemistry.
North Target
The North Target is located approximately 10km
north of Thorn Camp and is actively being explored for its porphyry
Cu-Mo-Au potential. The target hosts a similar geological setting
to the Camp Creek porphyry Target. Surface rock, soil and talus
fines samples have been collected over a 60 km² area, expanding
upon historic work and testing new areas to help focus future
exploration efforts including geological mapping. Initial assays
received to date from rock grab samples and soil samples are
highlighted in Figure 4.
Figure 4. Location Map of the North Target with
Gold & Copper Geochemistry.
Bing Zone – East Target
The Bing Zone is approximately an 18 km² area
within the East Target located 50km southeast of Thorn Camp and was
recently acquired by Brixton in 2022. Historic work on the target
included geological mapping, surface geochemical sampling and
diamond drilling which had identified a broad area of
porphyry-copper style mineralization. As the majority of Bing has
limited outcrop, fieldwork has focused on extending soil sampling
grids to help define focus areas for exploration. Recent and
historic soil sampling has identified a 3x4 km area of anomalous
copper mineralization with high porphyry index indicator elements.
The initial assay results from surface rock and soil samples are
illustrated in Figure 5.
Figure 5. Location Map of the Bing Zone, East
Target with Gold & Copper Geochemistry.
Trapper Gold Target
The Trapper Gold Target is an
intermediate-sulphidation epithermal target and has been one of the
main focus areas for drilling since 2021. The 2023 drill program
has been ongoing since late-June targeting larger step out areas as
well as more proximal infill step outs to the main mineralized
zone. While 2023 drill hole assays are pending, some initial
surface rock grab samples have been received. The majority of 2023
fieldwork at Trapper has focused on sampling areas outside of the
main drilling zone to assist future drill targeting as well as test
nearby areas for a potential porphyry-related source to the Trapper
mineralization. Highlights from initial assays received to date are
listed in Table 3 and Figure 6 and include 19.9 g/t Au, 138 g/t Ag
and 0.2% Cu from sample D200444 and 15.2 g/t Au and 23.8 g/t Ag
from sample D200287.
Figure 6. Location Map of the Trapper gold
Target with Gold Geochemistry.
Table 1. 2023 West Target Surface Sampling
Highlights.
|
Sample |
Cu (%) |
Au (g/t) |
Ag (g/t) |
|
D200955 |
16.7 |
0.1 |
327 |
|
D200956 |
16.3 |
0.2 |
817 |
|
D200326 |
16.2 |
0.1 |
725 |
|
D200560 |
11.3 |
0.1 |
609 |
|
D200654 |
9.9 |
<0.1 |
265 |
|
D200323 |
8.8 |
<0.1 |
952 |
|
D200491 |
8.6 |
0.4 |
536 |
|
D200557 |
6.9 |
0.1 |
215 |
|
D200559 |
5.4 |
<0.1 |
312 |
|
D200556 |
5.1 |
0.2 |
791 |
|
D200558 |
5 |
<0.1 |
127 |
|
D200554 |
3.7 |
0.2 |
199 |
|
D200325 |
2.4 |
0.1 |
405 |
|
D200555 |
2.4 |
0.2 |
323 |
|
D200327 |
2.1 |
<0.1 |
36.4 |
|
D200324 |
1.9 |
0.1 |
474 |
|
D200561 |
1.8 |
0.1 |
486 |
|
D200562 |
1.6 |
0.1 |
233 |
|
D200330 |
0.9 |
0.1 |
116 |
|
D200329 |
0.8 |
0.1 |
18.4 |
|
D200322 |
0.3 |
<0.1 |
15 |
|
D200492 |
0.1 |
0.2 |
34.9 |
|
D200328 |
<0.1 |
<0.1 |
47.3 |
|
D200321 |
<0.1 |
0.1 |
54.2 |
Table 2. 2023 Metla Surface Sampling
Highlights.
|
Sample |
Au (g/t) |
Ag (g/t) |
Cu (%) |
|
D200670 |
52.5 |
116 |
<0.1 |
|
D200671 |
51.7 |
170 |
<0.1 |
|
D200532 |
38.4 |
973 |
0.3 |
|
D200535 |
18.4 |
153 |
0.1 |
|
D200621 |
9.02 |
4120 |
1.2 |
|
D200448 |
6.5 |
26.3 |
<0.1 |
|
D200668 |
5.6 |
5.2 |
<0.1 |
|
D200534 |
5.1 |
103 |
0.2 |
|
D200622 |
1.5 |
9.5 |
<0.1 |
|
D200673 |
0.24 |
19.9 |
1.7 |
|
D200533 |
0.21 |
5.7 |
0.6 |
|
D200674 |
0.19 |
43.7 |
4.2 |
|
D200669 |
0.18 |
1.8 |
0.2 |
|
D200672 |
0.11 |
0.6 |
<0.1 |
|
D200623 |
0.09 |
2.61 |
2.1 |
|
D200488 |
0.09 |
0.3 |
<0.1 |
|
D200490 |
0.05 |
20.9 |
0.3 |
|
D200619 |
0.03 |
9.4 |
1.1 |
|
D200489 |
0.03 |
0.6 |
<0.1 |
|
D200609 |
0.02 |
42.7 |
3.8 |
Table 3. 2023 Trapper Surface Sampling
Highlights.
|
Sample |
Au (g/t) |
Ag (g/t) |
Cu (%) |
|
D200444 |
19.9 |
138 |
0.2 |
|
D200287 |
15.2 |
23.8 |
<0.1 |
|
D200288 |
5.6 |
24.9 |
<0.1 |
|
D200443 |
4.6 |
33 |
0.1 |
|
D200446 |
3.4 |
11 |
<0.1 |
|
D200316 |
3.3 |
36 |
0.1 |
|
D200706 |
3 |
46.3 |
0.1 |
|
D200744 |
2.8 |
3.5 |
<0.1 |
|
D200703 |
2.2 |
7.3 |
<0.1 |
|
D200702 |
2.2 |
5.9 |
<0.1 |
|
D200704 |
1.0 |
5.2 |
<0.1 |
Rocks collected are select grab samples of
mineralized outcrops within each of the target areas and do not
represent the entire target.
Vice President of Exploration, Christina Anstey
stated, “We are very encouraged to see the positive initial results
results from our 2023 geochemical sampling programs across many of
our regional exploration targets and we look forward to completing
additional follow-up work and receiving the bulk of the assay
results expected in the months to come.”
Rock samples were prepared by ALS Minerals
preparation facility in Whitehorse, YT and assayed at ALS
Laboratory Facilities in North Vancouver, British Columbia. ALS
Minerals Laboratories is registered to ISO 9001:2008 and ISO 17025
accreditations for laboratory procedures. Samples were analyzed 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.
Figure 7. West Target Grab Samples.
Figure 8. Metla Target Grab Samples.
2023 Thorn Project Regional Exploration
Targets
While the main focus for 2023 as been on high
priority target definition, additional fieldwork has been conducted
across multiple target zones including the South, Central, Moly
Valley, Icy and Val targets, as well new target areas that have
seen limited or no previous exploration work on the Thorn Project.
Assay results are pending for the majority of surface geochemical
sampling and the 2023 drilling and fieldwork programs are projected
to continue until early to mid-October. Brixton aims to advance its
current drill targets while developing the project-wide district
scale potential for mineralized deposits related to porphyry and
epithermal environments at Thorn.
About the Thorn Project
The wholly-owned 2,863 square kilometer Thorn
Project is located in northwestern British Columbia at the northern
trend of the Golden Triangle, Canada, approximately 90 km northeast
of Juneau, Alaska. The Thorn Project hosts a district-scale 80km
megatrend of Triassic to Eocene, volcano-plutonic complex with
several styles of mineralization related to porphyry and epithermal
environments. Fourteen large-scale copper-gold targets have been
identified for further exploration. Information on each
of the targets may be found at the following
link: https://brixtonmetals.com/thorn-gold-copper-silver-project/
Quality Assurance & Quality
Control
Quality assurance and quality control protocols
for drill core sampling was developed by Brixton. The gold, silver,
copper, lead, zinc, and molybdenum duplicate assay results are well
correlated, and it is the Qualified Person’s opinion that strong
precision is inferred within the reported analytical results. Core
samples were taken between 0.5m and 2.5m intervals based on
lithology and mineralization. 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,
bagged, zip-tied and sent directly to ALS Minerals preparation
facility in Whitehorse, Yukon. 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. The 2022 Thorn project analytical results
have been determined to be high quality and have passed this QAQC
review.
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.Qualified
PersonMr. Corey A. James, P.Geo., is a Senior Project
Geologist for the Company who is a qualified person as defined by
National Instrument 43-101. Mr. James 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 toward
feasibility. Brixton wholly owns four exploration projects:
Brixton’s flagship Thorn copper-gold-silver-molybdenum Project, the
Hog Heaven copper-silver-gold Project in NW Montana, USA (Optioned
to Ivanhoe Electric Inc. where they can earn up to 75% interest),
the Atlin Goldfields Projects located in NW BC and the
Langis-HudBay silver-cobalt-nickel Project in Ontario. 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
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.
Photos accompanying this announcement are available
at:
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Brixton Metals (TSXV:BBB)
過去 株価チャート
から 11 2024 まで 12 2024
Brixton Metals (TSXV:BBB)
過去 株価チャート
から 12 2023 まで 12 2024
