Brixton Metals 24m drills of 187 g / t silver, of which 10m
VANCOUVER, British Columbia, May 6, 2021 (GLOBE NEWSWIRE) – Brixton Metals Corporation (TSXV: BBB) (OTCQB: BBBXF) (the “Company” or “Brixton”) Is pleased to report further high-grade silver results from its exploration program at its wholly-owned Langis project located in the Cobalt Camp in Ontario, Canada. The fall / winter 2020-2021 program consisted of a total of 18,453.35m of NQ core over 163 holes. This press release includes the last 14 unreleased holes, LM-21-240 through LM-21-253, which were concentrated in the area of well 6.
- LM-21-242 drilled 3 m of 1341 g / t silver, 0.06% cobalt at 128 m depth
- including 1m of 2060 g / t Silver, 0.06% Cobalt
- LM-21-245 drilled 24 m of 187 g / t silver, 0.02% cobalt at 131 m depth
- including 10m of 356 g / t Silver, 0.02% Cobalt
- including 2m of 1077 g / t Silver, 0.04% Cobalt
- Significant nickel anomaly emerges from all drilling of the Langis project
- LM-21-233 drilled 68m of 14.3 g / t Ag, 0.12% Ni, 0.01% Co, 0.1% Zn
- including 6m of 78 g / t Ag, 0.23% Ni, 0.02% Co, 1% Zn
Brixton President and CEO Gary R. Thompson said: “The recent fall / winter program has been very successful in identifying new areas of silver bonanza near old yards and has been highlighted by large zones of silver-cobalt mineralization. We are in the process of modeling these results to further define the next steps of the project with the main objective of moving a certain number of targets into a first category of resources. Nickel mineralization appears to be wide open and we believe it warrants further exploration. “
Click here for the link to figure 1. Location maps of recent drilling, Langis project:
Table 1. Highlights of drilling holes LM-21-240 to LM-21-253.
|Hole ID||From (m)||To M)||Interval (m)||Ag (g / t)||Co (%)||Ag (g / t * m)|
The intervals represent the lengths drilled, as the actual widths of the mineralization have not been determined at this time.
Click here for the link to figure 2. Cross section for Silver-Cobalt, Shaft 3 to Shaft 6 Area, Langis Project:
Click here for the link to Figure 3. Drilling highlights for cross section, well 6 area, Langis project:
Vice President of Exploration Christina Anstey said: “We are encouraged by the continued occurrences of intersections of high grade silver and cobalt at Langis. In addition, recent drilling has identified a significant nickel anomaly for which further work is required to determine the full extent of the nickel potential. Although the presence of nickel is known in the Cobalt camp, limited exploration has focused on it. Future plans may include targeting areas of high grade nickel potential during the next phase of drilling. “
Click here for the link to figure 4. Cross section for nickel, well zone 3 to well 6, Langis project:
Table 2. Nickel highlights from 2018-2021 drilling, Langis project.
|Hole ID||From (m)||To M)||Interval (m)||Ag g / t||Zn%||Co%||Or%|
Hole LM-21-233 was partially pulled out on April 15e, Press release 2021; however, the results of Table 2 include assays for nickel and zinc. The intervals represent the lengths drilled, as the actual widths of the mineralization have not been determined at this time. Many of the holes drilled in the Well 4 and Well 6 areas terminated in low grade nickel-cobalt-silver-zinc mineralization. The host of nickel mineralization is found in Archean metavolcanics and meta-sediments.
Quality Assurance / Quality Control
Diamond drill holes were drilled with an NQ size core. Samples were collected using an average sample length of 1 m. Three quality control samples (one blank, one standard and one duplicate) were inserted into each lot of 20 samples. The drill core was cut in half and batched, sealed and shipped by company geologists to the ALS Minerals preparation lab in Sudbury, Ontario. ALS Minerals laboratories are registered according to ISO 9001: 2008 and ISO 17025 accreditations for laboratory procedures. All elements have been analyzed by Aqua Regia Digest with ICP-AES finish. Silver overshoots were analyzed by fire assay with gravimetric finish. Base metal limit exceedances were analyzed with Aqua Regia Digest and AES finish.
About the Langis mine project
The wholly owned Langis mine project in Brixton has excellent infrastructure and is a former producing mine located 500 km north of Toronto, Ontario, Canada, just north of the north end of Lake Temiskaming. Silver mineralization occurs as native silver and in steeply-moderately dipping and in some cases shallow veins, veins and veinlets and as disseminations, rosettes and fracture fillings and may be associated with calcite, hematite, pyrite, cobaltite, chalcopyrite, niccolite and gold. Mineralization is hosted in one of three major rock types: Archean volcanic and metasediments, Coleman member sediments, and Nipissing diabase. The Langis mine produced 10.6Moz of silver at 25 opt Ag and 358,340 pounds of cobalt. Historically, the combined cobalt camp mines have produced over 550 million ounces of silver with 30 to 50 million pounds of cobalt as a by-product.
Mr. Gary R. Thompson, P.Geo., Who is a qualified person within the meaning of National Instrument 43-101, has reviewed and approved the information contained in this press release.
About Brixton Metals Corporation
Brixton is a Canadian exploration and development company focused on advancing its mining projects towards feasibility. Brixton wholly owns four exploration projects, the Thorn copper-gold-silver project, the Atlin Goldfields projects located at NWBC, the Langis-HudBay silver-cobalt project in Ontario and the Hog Heaven silver-gold-copper project in the Northwestern Montana, United States. under JV with HPX. 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 on Brixton, please visit our website at www.brixtonmetals.com.
On behalf of the board of directors
Mr. Gary R. Thompson, President and CEO
Tel: 604-630-9707 or email: [email protected]
For investor relations, please contact:
Mitchell Smith, Vice President of Investor Relations
Tel: 604-630-9707 or email: [email protected]
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.
The information contained in this press release may involve forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future events and not past. In this context, forward-looking statements often relate to expected future business and financial performance, and often contain words such as “anticipate”, “believe”, “plan”, “estimate”, “expect” and “have the expectation”. intention ”, statements that an action or event“ may ”,“ could ”,“ could ”,“ should ”or“ will ”be taken or will occur, including statements which deal with the amount and / or content potential of minerals, the potential size and expansion of a mineralized zone, the 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 the product. By their nature, forward-looking statements involve risks, uncertainties and other known and unknown factors that may cause our actual results, performance or achievements, or other future events, to be materially different from all results. , future performance or achievements expressed or implied by these forward-looking statements. These 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 additional risks identified in the Company’s Annual Information Form or in other reports and filings with the TSXV and relevant Canadian securities regulators. Forward-looking statements are made based on the beliefs, estimates and opinions of management at the date the statements are made and the Company assumes no obligation to update forward-looking statements if such beliefs, estimates and opinions or Other circumstances were to change, except as required by applicable securities laws. Investors are cautioned against assigning undue certainty to forward-looking statements.
The photos accompanying this announcement are available on: