Brixton Metals drills 0.63 g/t gold over 146 metres at Thorn, British Columbia

By Editor / August 31, 2022 / www.canadianinvestor.com / Article Link

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VANCOUVER - Brixton Metals Corp. [BBB-TSXV; BBBXF-OTCQB] reported further drill results from its 2022 drill program at the wholly owned Thorn project, located in the Golden Triangle trend of northwestern British Columbia. The project is located within the Taku River Tlingit's and Tahltan First Nation's traditional territory.

Further drilling at the Trapper Target has yielded numerous visible gold hits. Hole THN22-206 intercepted 47 metres of 1.10 g/t gold. Hole THN22-207 intercepted 47 metres of 1.06 g/t gold. Hole THN22-208 intercepted 32 metres of 1.04 g/t gold. Hole THN22-209 intercepted 146 metres of 0.63 g/t gold, including 48 metres of 1.05 g/t gold.

Vice-president of exploration Christina Anstey stated, "The Trapper target continues to demonstrate encouraging results within near-surface epithermal style mineralization. The addition of oriented core to our 2022 drill campaign has significantly increased our understanding of the structurally complex discovery which we look forward to testing with additional step out holes." 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.

Chairman and CEO Gary R. Thompson stated: "In addition to the previous high-grade gold intercepts, these new drill results demonstrate the continuity of gold mineralization at the Trapper Target and that mineralization remains open in several directions. Further drilling is planned."

Drill holes THN22-206 and THN22-207 were drilled to test the continuity and grade, up-dip and down-dip of THN21-186, setting up from the same drill pad and azimuth. Both 206-207 intersected broad 47 metres intervals of 1 g/t gold, confirming the continuity of mineralization intersected in THN21-186 with 139.0 metres of 2.14 g/t gold. Drill hole THN22-205, with 64 metres of 5.74 g/t gold was setup 120 metres west of the drill pad where THN21-186 was drilled. Drill holes THN22-208 and 209 were planned to test the mineralization between the THN22-205 and THN21-186 drill pads which successfully demonstrated that gold mineralization is present with grades up to 146.00 metres of 0.63 g/t gold (10.00-156.00m) in THN22-209, including 48.00 metres of 1.05 g/t gold (12.00-60.00m). Hole THN22-208 returned 71.66m of 0.52 g/t gold, including 40.60 g/t gold over 0.25 metres (23.34-23.59m) and including 17.00 metres of 1.07 g/t gold from 48 m depth. Hole 208 had two lower mineralized zones that yielded 32 metres of 1.04 g/t gold from 115 metres depth and 16.00 metres of 0.73 g/t gold from 172.00 metres depth. Assays are pending for THN22-210, which was drilled up-dip of THN-22-208 and 209 from the same pad.

The current drilling at the Trapper Target is located about 7km southeast from the Camp Creek Porphyry Target.

A new mineralized outcrop was discovered with visible gold within base metal veins hosted in lapilli tuff volcanic rocks, 420 metres northeast of THN22-206/THN22-207 for further follow up work.

A total of approximately 10,665 metres have been drilled this season to date, including 4,919 metres at the Camp Creek Porphyry target, 3,924 metres at the Trapper target and 290 metres at the Metla target. Brixton currently has drills turning at its Camp Creek and Metla targets. To date, field crews have collected 1,126 soil samples and 476 surface rock samples for analysis.

This season, extensive mapping, soil sampling and prospecting has identified a multikilometer scale alkalic porphyry system in the Metla Target area. Bornite, chalcopyrite, and visible gold have been sampled and alkalic-style porphyry alteration zonation has been mapped on surface. A drill has been mobilized to test this newly identified surface mineralization. Upon completion of drilling at Metla, the drill will return to the Trapper Target for phase two drilling.

A third drill is being mobilized to site for the Camp Creek Target drilling. The third drill will be located at significant step-out (200-300m) northwest of THN22-221. Hole THN22-221 at the Camp Creek Target is currently at approximately 1,200 metres depth, drilling a 275-metres step-out to the northeast from the collar for holes 184-201 and known porphyry mineralization.

Brixton wholly owns four exploration projects: Brixton's flagship Thorn copper-gold-silver-molybdenum project, the Atlin Goldfields Projects located in NW BC (under option to Pacific Bay Minerals, the Langis-HudBay silver-cobalt project in Ontario, and the Hog Heaven copper-silver-gold Project in NW Montana, USA (under option to Ivanhoe Electric Inc. [IE-TSX].

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