BBB Brixton Metals Corp.

Brixton Metals Drills 5.00m of 1,293 g/t Silver, Including 2.00m of 3,205 g/t Silver at Its Langis Project, Ontario

Brixton Metals Drills 5.00m of 1,293 g/t Silver, Including 2.00m of 3,205 g/t Silver at Its Langis Project, Ontario

VANCOUVER, British Columbia, May 05, 2020 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) is pleased to announce drill results from its wholly owned Langis Mine Project located in the Cobalt Camp, Ontario, Canada. Sixteen holes were drilled for a total of 992.50 metres.

Highlights of New Drill Results at the Langis Project

  • Drill hole LM20-83 intersected 5.00m of 1,293.34 g/t silver, including 2.00m of 3,205.00 g/t silver and 0.15 percent cobalt
  • Drill hole LM20-76 intersected 6.00m of 250.97 g/t silver, including 2.00m of 702.00 g/t silver
  • Drill hole LM20-87 intersected 9.00m of 374.03 g/t silver, including 2.00m of 1,492.50 g/t silver

Chairman and CEO of Brixton, Gary R. Thompson stated, “The Langis Project continues to deliver exceptional high-grade and uniquely native silver results. Our objective was to identify mineable widths of high-grade silver mineralization. The Cobalt Camp is known for narrow high-grade silver veins; however, Brixton has demonstrated these remarkably high grades are attainable over considerable widths. After completing this small, low cost drill program it is evident that additional silver rich zones at shallow depths remain at the Langis mine area. The goal here would be to drill enough near surface material to make economics.”

During 2020, the Company has drilled 16 NQ sized core holes for approximately 992.50 metres at the Langis Project. This year’s drilling campaign was designed to identify new silver zones near old workings and to follow up on some of the 2018 high grade silver drilled intercepts. The drilling campaign has been successful in identifying new high grade silver mineralization over significant widths. 

Table 1 - Highlights from Drill Results at Langis

HoleFromToIntervalSilverCobaltSilver
ID(metre)(metre)(metre)(g/t)(%)g/t * m
LM-20-7628.5034.506.00250.97 1,505.80
Including31.5034.503.00487.47 1,462.40
Including32.5034.502.00702.00 1,404.00
LM-20-7735.7038.703.0037.10 111.30
Including37.7038.701.0074.50 74.50
LM-20-7851.0057.006.0022.65 135.90
Including51.0054.003.0033.33 100.00
LM-20-7865.0076.0011.00110.37 1,214.10
Including68.0072.004.00211.75 847.00
Including68.0070.002.00286.50 573.00
LM-20-8035.5038.002.5069.80 174.50
Including35.5036.501.0095.00 95.00
LM-20-8311.0016.005.001,293.34 6,466.70
Including12.0014.002.003,205.000.156,410.00
Including12.0013.001.003,860.000.303,860.00

True widths cannot be determined at this time and reported widths are drilled intervals. Weighted averages were calculated using uncut assays.

Table 2 - Highlights from Drill Results at Langis

HoleFromToIntervalSilverCobaltSilver
ID(metre)(metre)(metre)(g/t)(%) g/t * m
LM-20-8413.0018.005.00464.06  2,320.30
Including13.0016.003.00760.900.092,282.70
Including14.0016.002.001,116.000.132,232.00
Including14.0015.001.001,685.000.251,685.00
LM-20-8526.0031.005.0035.28 176.40
LM-20-868.4019.4011.00221.79 2,439.70
Including8.4013.405.00452.10 2,260.50
Including9.4011.402.00964.50 1,929.00
Including10.4011.401.001,115.00 1,115.00
LM-20-878.3017.309.00374.03 3,366.30
Including9.3013.304.00776.03 3,104.10
Including9.3011.302.001,492.50 2,985.00
Including10.3011.301.001,825.00 1,825.00
LM-20-8812.0013.001.0068.50 68.50

True widths cannot be determined at this time and reported widths are drilled intervals. Weighted averages were calculated using uncut assays.

Drill holes LM20-75 to 80 were drilled around the western extent of the historic underground workings. Native silver mineralization intersected in hole 76 returned 6.00m of 250.97 g/t Ag, including 3.00m of 487.47 g/t Ag including 2.00m of 702.00 g/t Ag. Native silver occurs as fracture fillings, coatings and within veins associated with calcite-hematite and is hosted in a dark grey-green Huronian conglomerate.

Drillhole 78 intersected 11.00m of 110.37 g/t Ag, including 4.00m of 211.75 g/t silver. The silver mineralization consists of silver arsenides associated with calcite-hematite veins and veinlets to fracture infill or as disseminated hosted in the Huronian conglomerate.

Drillholes LM20-82 to 90 were drilled at the Shaft 3 area and were designed to follow up on 2018 drilling where hole LM18-42 intersected 6.00m of 4,719.33 g/t silver and 0.33 percent cobalt. The best mineralized silver interval intersected in the 2020 drilling was intersected in hole 83 which assayed 5.00m of 1,293.34 g/t silver, including 2.00m of 3,205.00 g/t silver and 0.15 percent cobalt. Mineralization is hosted in a dark grey-green Huronian conglomerate unit and generally consists of native silver and cobaltite associated with calcite veins, veinlets and is disseminated throughout the host rock.

Hole 84 assayed 5.00m of 464.06 g/t silver, including 2.00m of 1,116.00 g/t silver. Mineralization consists of silver arsenide hosted in calcite-hematite veins and disseminated native silver.

Table 3 – LM20-75 to LM20-90 Collar Information

HoleAzimuthDipLengthUTM EastUTM NorthElevation
ID(degrees)(degrees)(metres)(metres)(metres)(metres)
LM-20-75170-40102.006065145270722188
LM-20-76130-40102.006065175270726189
LM-20-77130-4845.006065175270727189
LM-20-78208-4093.006064945270709188
LM-20-79190-48106.006066145270687193
LM-20-80190-4169.006064825270669188
LM-20-81357-42135.006066545270548195
LM-20-8212-39102.006067165270659207
LM-20-83310-4530.006067195270683208
LM-20-84310-5030.006067205270683208
LM-20-85310-6536.006067205270683208
LM-20-86340-4224.006067195270684208
LM-20-87340-4633.006067205270684208
LM-20-88310-3919.506067095270680207
LM-20-89130-4530.006066975270684207
LM-20-90120-4236.006067125270707208
Total  992.5   

Quality Assurance & Quality Control

Ms. Caroline Vallat, P.Geo., from GeoSpark Consulting Inc. conducted an independent QAQC review, which returned overall strong accuracy and precision of the analytical results. Diamond drill holes were drilled to depth NQ size. Samples were collected using 1 metre average samples length. Three quality control samples (one blank, one standard and one duplicate) were inserted into each batch of 20 samples. The drill core was sawn, with half put in batches, sealed and shipped by the Company geologists to ALS Minerals preparation lab in Sudbury, Ontario. ALS Minerals Laboratories are registered to ISO 9001:2008 and ISO 17025 accreditations for laboratory procedures. Blank, duplicate and certified reference materials were inserted into the sample stream. All elements were analyzed by Aqua Regia Digest with ICP-AES finish. Silver over-limits were analyzed by fire assay with gravimetric finish. Base metal over-limits were analyzed with Aqua Regia Digest and AES finish. A copy of the QAQC protocols can be viewed at the Company’s website.

About the Langis and Hudson Bay Silver-Cobalt Project

Brixton’s wholly owned Langis and Hudson Bay past producing mines are located 500km north from Toronto, Ontario, Canada with excellent infrastructure. The silver mineralization occurs as native silver and within steeply-moderately and in some cases shallow dipping veins, veinlets and as disseminations rosettes and fracture infill and can be associated with calcite, hematite, pyrite, cobaltite, chalcopyrite, niccolite and gold. Mineralization is hosted within any of the three main rock types: Archean volcanics and metasediments, Coleman Member sediments and Nipissing diabase. The Langis mine produced 10.4Moz of silver at 25 oz/t Ag and 358,340 pounds of cobalt and the Hudson Bay mine produced 6.4Moz of silver at 123 oz/t Ag and 185,570 pounds of cobalt. Historically, the combined mines in the Cobalt Camp produced 550 million ounces of silver with 30-50 million pounds of cobalt as a by-product.

Mr. Sorin Posescu, P.Geo, is a Qualified Person as defined under National Instrument 43-101 standards and has reviewed and approved this news release.

About Brixton Metals Corporation

Brixton is a Canadian exploration and development company focused on the advancement of its gold and silver projects toward feasibility. Brixton wholly owns four exploration projects, the Thorn gold-silver and the Atlin gold projects located in NWBC, the Langis-Hudson Bay silver-cobalt project in Ontario and the Hog Heaven silver-gold-copper project in NW Montana, USA. The Company is actively seeking JV partners to advance one or more of its projects. Brixton Metals Corporation shares trade on the TSX-V under the ticker symbol BBB. For more information about Brixton please visit our website at .

On Behalf of the Board of Directors

Mr. Gary R. Thompson, Chairman and CEO

Tel: 604-630-9707 or email:

For Investor Relations please contact Mitchell Smith at or 604-630-9707

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:

EN
05/05/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Brixton Metals Corp.

 PRESS RELEASE

Brixton Metals Commences Drilling at its Thorn Copper-Gold Project

Brixton Metals Commences Drilling at its Thorn Copper-Gold Project VANCOUVER, British Columbia, May 28, 2025 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce that its Thorn exploration camp is now open for the season and drilling has commenced. Brixton is fully funded for the 2025 exploration program with plans to expand near surface gold mineralization within the Camp Creek Corridor and at the Trapper Gold Target, and to drill test new, near surface copper porphyry mineralization at Catalyst Target. The 2,945 km...

 PRESS RELEASE

Brixton Metals Provides Exploration Plans for Gold and Copper Drill Ta...

Brixton Metals Provides Exploration Plans for Gold and Copper Drill Targets for its Fully Funded 2025 Program at its Thorn Project VANCOUVER, British Columbia, May 06, 2025 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce its 2025 exploration plans for its wholly owned Thorn Copper-Gold Project. The 2945 square kilometer project is located in Northwest British Columbia, Canada, approximately 90km northeast from Juneau, AK. Highlights of Exploration Plan for 2025: The 2025 season has a two-pronged approach: i) ...

Brixton Metals Corporation: 1 director

A director at Brixton Metals Corporation sold 1,401,100 shares at 0.052CAD and the significance rating of the trade was 55/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two ...

 PRESS RELEASE

Brixton Metals Identifies Several New Porphyry Targets from its 2024 R...

Brixton Metals Identifies Several New Porphyry Targets from its 2024 Regional Prospecting Program, Sampling up to 46.9 g/t gold, 35.3% copper, 1525 g/t silver at its Thorn Project VANCOUVER, British Columbia, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce its regional prospecting-soil sampling program results and remaining drill results from its 2024 season at the wholly owned Thorn Project located in NW British Columbia, Canada. The Thorn Project is an underexplored copper-gold porphyry district ...

 PRESS RELEASE

Brixton Metals Provides Results from Ivanhoe Electric’s 2024 Drilling ...

Brixton Metals Provides Results from Ivanhoe Electric’s 2024 Drilling at the Hog Heaven Project, Montana, USA Ivanhoe Electric Identifies a new Porphyry Copper-Gold-Molybdenum System in the Battle Butte Area Associated with a Typhoon™-identified Anomaly VANCOUVER, British Columbia, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce exploration results provided by operator Ivanhoe Electric Inc. (“Ivanhoe Electric”) (NYSE American: IE; TSX: IE), on the Hog Heaven Project. The road-accessible project i...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch