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Brixton Metals Drills 262m of 1.04 g/t Gold Including 75.49m of 2.35 g/t Gold Including 6.93m of 7.16 g/t Gold at its Trapper Target on the Thorn Project

Brixton Metals Corporation
Brixton Metals Corporation

VANCOUVER, British Columbia, Dec. 20, 2022 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce additional drill results from its wholly owned Thorn Project. The project is located in Northwest British Columbia within the Taku River Tlingit and Tahltan First Nations’ traditional territory.

Highlights

  • Hole THN22-255 returned 262m of 1.04 g/t Au from 12m depth

    • Including 147.19m of 1.59 g/t Au

    • Including 75.49m of 2.35 g/t Au

    • Including 6.93m of 7.16 g/t Au

  • Hole THN22-254 yielded 102m of 1.02 g/t Au from 4m depth

    • Including 39.00m of 2.11 g/t Au

    • Including 8.00m of 5.60 g/t Au

ADVERTISEMENT

Vice President of Exploration, Christina Anstey, stated, “We are encouraged by the broad near surface gold intercepts on the Trapper Gold Target. Gold mineralization including visible gold observed in the quartz diorite host has significantly increased the scale of the Trapper Target which remains open in all directions. We look forward to reporting on the additional 19 holes from Trapper Target and the remaining 3 deep holes from the Camp Creek Copper Porphyry Target as assays become available from the 2022 Thorn Program.”

Click here for Figure 1. Gold Geochemistry and Trapper Target Location Map:

https://brixtonmetals.com/wp-content/uploads/2022/12/Figure-1_20Dec2022.jpg

Table 1. Select Mineralized Intervals for the Trapper Target Drilling.

Hole ID

From (m)

To (m)

Interval (m)

Au (g/t)

THN22-245

2.70

193.96

191.26

0.53

including

20.21

131.00

110.79

0.74

including

103.00

160.00

57.00

0.87

including

103.00

131.00

28.00

1.33

THN22-254

4.00

106.00

102.00

1.02

including

6.00

45.00

39.00

2.11

including

20.00

35.45

15.45

3.37

including

20.00

28.00

8.00

5.60

Hole ID

From (m)

To (m)

Interval (m)

Au (g/t)

THN22-255

12.00

274.00

262.00

1.04

including

98.81

246.00

147.19

1.59

including

98.81

174.30

75.49

2.35

including

144.00

150.93

6.93

7.16

THN22-257

4.00

93.57

89.57

0.80

including

4.00

42.00

38.00

1.75

including

9.00

38.00

29.00

2.18

including

9.00

20.00

11.00

3.62

All assay values are uncut weighted averages and intervals reflect drilled lengths as further drilling is required to determine the true widths of the mineralized zone.

The 2022 program included 58 holes for 18,200m of drilling across 4 target areas, with most of the drilling at the Camp Creek Copper dominant porphyry, the Trapper Gold Target and to a lesser extent the Outlaw Gold Target and the Metla Copper-Gold Target. Assays will be released as they become available. During 2022, a total of 520 rocks and 1,157 soil samples were collected with a primary focus on the Metla and Trapper Targets, in addition to the East Copper Target and the Val Copper Target. A total combined 1,229 line-kilometres of airborne magnetics and radiometrics were flown over the Metla, Trapper, Val and East Targets.

Click here for Figure 2. Plan Map of Collar Locations and Drill Traces at the Trapper Target:

https://brixtonmetals.com/wp-content/uploads/2022/12/Figure-2_20Dec2022.jpg

Discussion

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.

Drill hole THN22-255 was planned as part of a series of southern step-outs from the previously identified mineralized trend targeting broader intervals of quartz diorite and the contact with the lapilli tuff which have been identified as favorable hosts for gold-bearing mineralized structures at Trapper. THN22-255 was collared from the south into quartz diorite where base metal sulphide veins containing visible gold (Figures 4 to 7) were observed, assaying 262m of 1.04 g/t Au, including 75.49m of 2.35 g/t Au, and including 6.93m of 7.16 g/t Au. THN22-252 collared off the same pad location, drilling to the northeast, intercepted 123.00m of 0.20 g/t Au. Assays are pending for THN22-249 from the same pad location, which was drilled at an azimuth of 5 degrees.

Drill hole THN22-245 was drilled as a 50m eastern step-out (azimuth of 8 degrees with a -60 dip) from the THN22-255 and collared into quartz-diorite from the south intercepting visible gold hosted in base metal sulphide veins, assaying 28.00m of 1.33 g/t Au within a broader interval of 191.26m of 0.53 g/t Au. THN22-247 was drilled down dip, from the same pad location and intercepted 75.00m of 0.37 g/t Au including 7.00m of 1.51 g/t Au. Assays are pending for three additional holes drill from this location.

Drill holes THN22-254 and THN22-257 were both drilled from the same pad location located 115m east of THN22-255 and 65m east of THN22-245. 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. Both holes were successful in intercepting high-grade gold mineralization and visible gold (Figure 8) within a broader envelope of low-grade gold mineralization, such as 8.00m of 5.60 g/t Au within 102.00m of 1.02 g/t Au in THN22-254 and 38.00m of 1.75 g/t Au within 11.00m of 3.62 g/t Au in THN22-257. Assays are pending for two additional holes drilled from this location.

Gold 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 (85Ma) 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.

Click here for Figure 3. Cross Section of Trapper Gold Drill Target, Southwest View:

https://brixtonmetals.com/wp-content/uploads/2022/12/Figure-3_20Dec2022.jpg

Click here for Figure 4. Visible Gold Photograph of HQ Core from Hole THN22-255 at 130.92m Depth:

https://brixtonmetals.com/wp-content/uploads/2022/12/Figure-4_20Dec2022.jpg

Click here for Figure 5. Visible Gold Photographs of HQ Core from Hole THN22-255 at 150.78m Depth:

https://brixtonmetals.com/wp-content/uploads/2022/12/Figure-5_20Dec2022.jpg

Click here for Figure 6. Visible Gold Photographs of HQ Core from Hole THN22-255 at 171.41m Depth:

https://brixtonmetals.com/wp-content/uploads/2022/12/Figure-6_20Dec2022.jpg

Click here for Figure 7. Visible Gold Photograph of HQ Core from Hole THN22-255 at 244.26m Depth:

https://brixtonmetals.com/wp-content/uploads/2022/12/Figure-7_20Dec2022.jpg

Click here for Figure 8. Visible Gold Photographs of HQ Core from Hole THN22-254 at 21.20m and 35.60m Depth:

https://brixtonmetals.com/wp-content/uploads/2022/12/Figure-8_20Dec2022.jpg

THN22-210 was drilled from the same pad location as previously released holes THN22-208 and THN22-209. THN22-211 was drilled 1.5 kilometers north-west of the main Trapper zone to test a strong geophysical conductor and returned insignificant results. Drill holes THN22-216, THN22-217, THN22-218, and THN22-219 were drilled from the same pad location 130 meters north-northwest from THN22-205 to test the mineralized trend from the opposite direction. It was determined that the ideal orientation is north to northeast. THN22-224 was targeting high grade copper mineralization that was found on surface, but due to terrain limitations, the pad location was not optimal for the target and the hole returned insignificant results. THN22-225 and THN22-226 were targeting a visible gold vein found on surface, with grab sample assays up to 106.5 g/t Au. Due to terrain limitations the pad location was not optimal for the target and holes 224-226 returned insignificant results.

Table 2. Additional Select Mineralized Intervals for the Tapper Target Drilling.

Hole ID

From (m)

To (m)

Interval (m)

Au (g/t)

THN22-210

5.00

93.00

88.00

0.11

THN22-211

no significant results

THN22-216

43.00

123.00

80.00

0.33

including

59.00

99.00

40.00

0.48

including

59.00

69.00

10.00

0.97

THN22-217

4.57

103.50

98.93

0.26

including

6.00

59.00

53.00

0.34

including

50.00

59.00

9.00

1.02

THN22-218

5.00

98.20

93.20

0.26

including

90.00

98.20

8.20

2.07

THN22-219

7.00

184.40

177.40

0.26

including

62.00

184.40

122.40

0.34

including

95.00

118.00

23.00

0.88

THN22-224

no significant results

THN22-225

no significant results

THN22-226

no significant results

THN22-247

3.00

78.00

75.00

0.37

including

7.00

51.00

44.00

0.51

including

7.00

14.00

7.00

1.51

THN22-252

32.00

155.00

123.00

0.20

including

44.00

54.83

10.83

0.40

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.

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 7836m. In 2021, Brixton drilled 3107m. In 2011, forty-two drill holes were completed by a previous operator, totaling 8581m, 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.

2022 Outlaw Target Drilling

Three holes were drilled into the Outlaw Gold Target during the 2022 season, designed to test the eastern extent of the mineralized sedimentary horizons.

The Outlaw Gold horizon was expanded by 500 meters to the east by hole THN22-212 that yielded 6m of 0.17 g/t Au and 20 g/t Ag. Hole THN22-214 returned 13m of 0.58 g/t Au and an additional interval of 4.75 meters grading 1.82 g/t Au and 68.1 g/t Ag. The results were less than anticipated; however, the zone remains open. Hole THN22-215 was drilled between the central and east zones; however, it did not return any significant results.

Table 3. Select Mineralized Intervals for the Outlaw Gold Target Drilling.

Hole ID

From (m)

To (m)

Interval (m)

Au g/t

Ag g/t

 

THN22-212

39.00

45.00

6.00

0.17

20.01

 

including

39.00

40.00

1.00

0.38

50.80

 

THN22-214

126.00

139.00

13.00

0.58

 

 

 

250.00

257.90

7.90

0.51

 

 

 

281.00

285.75

4.75

1.82

68.10

 

THN22-215

no significant results

 

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.

Click here for Figure 9. Collar Locations at the Outlaw Gold Central Target Viewing North:

https://brixtonmetals.com/wp-content/uploads/2022/12/Figure-9_20Dec2022-scaled.jpg

About the Outlaw Gold Target

The Outlaw Target represents a 5km east-west trending gold geochemical anomaly. Mineralization is at or near surface and is hosted within multiple stacked horizons of sub-horizontal sediments as interbedded siltstone-graywacke with both stratigraphic and structural controls. Gold mineralization is thought to be associated with the Jurassic aged rhyodacite dykes. Early exploration work on the Outlaw Target was conducted by Chevron’s Mineral Division in the 1980’s, which entailed soil and rock geochemical surveys, trenching and a few drill holes. The best intercept at the Outlaw Target was hole THN14-128 yielding 59.56m of 1.15 g/t Au.

Drilling Information

Table 4. Drill Collar and Hole Information of Current News Release.

Hole ID

Easting

Northing

Elevation (m)

Azimuth

Dip

Depth

Zone

NR Status

THN22-210

630288

6485548

1325

3

-44

160.62

Trapper

Current Release

THN22-211

629439

6486984

913

193

-71

496.47

Nemo

Current Release

THN22-212

633059

6490359

1589

189

-58

363.00

Outlaw

Current Release

THN22-214

633058

6490360

1588

180

-83

378.00

Outlaw

Current Release

THN22-215

632153

6490361

1857

200

-79

296.75

Outlaw

Current Release

THN22-216

630191

6485699

1295

189

-52

200.50

Trapper

Current Release

THN22-217

630191

6485699

1295

214

-55

163.14

Trapper

Current Release

THN22-218

630191

6485699

1295

215

-70

163.07

Trapper

Current Release

THN22-219

630194

6485700

1296

138

-51

184.40

Trapper

Current Release

THN22-224

629950

6485528

1278

136

-45

86.87

Trapper

Current Release

THN22-225

630505

6485896

1112

99

-54

106.61

Trapper

Current Release

THN22-226

630507

6485900

1132

127

-65

135.03

Trapper

Current Release

THN22-245

630349

6485430

1303

8

-60

223.42

Trapper

Current Release

THN22-247

630349

6485430

1301

7

-81

114.60

Trapper

Current Release

THN22-252

630302

6485457

1310

2

-63

182.27

Trapper

Current Release

THN22-254

630410

6485436

1276

26

-76

108.50

Trapper

Current Release

THN22-255

630303

6485455

1316

26

-44

331.01

Trapper

Current Release

THN22-257

630410

6485436

1276

5

-76

93.57

Trapper

Current Release

Total

3,787.83

 

 

Table 5. Drill Collar and Hole Information of Holes with Assays Pending.

Hole ID

Easting

Northing

Elevation (m)

Azimuth

Dip

Depth

Zone

NR Status

THN22-213

627659

6491855

626

320

-85

1,243.00

Camp Creek

Pending

THN22-220

630376

6485538

1287

348

-55

352.04

Trapper

Pending

THN22-221

628062

6492150

757

0

-88

1,375.15

Camp Creek

Pending

THN22-222

630376

6485538

1287

348

-71

243.23

Trapper

Pending

THN22-223

630375

6485535

1286

237

-45

178.31

Trapper

Pending

THN22-227

630506

6485905

1132

20

-49

76.20

Trapper

Pending

THN22-228

643032

6471673

1659

18

-78

376.42

Metla

Pending

THN22-229

643032

6471668

1655

193

-45

372.77

Metla

Pending

THN22-230

643031

6471670

1651

289

-60

310.90

Metla

Pending

THN22-231

627863

6492224

772

350

-87

1,297.58

Camp Creek

Pending

THN22-232

643027

6470330

1622

359

-45

48.77

Metla

Pending

THN22-233

643025

6470330

1623

0

-59

116.77

Metla

Pending

THN22-234

643023

6470334

1622

336

-45

82.30

Metla

Pending

THN22-235

643026

6470329

1620

333

-60

121.92

Metla

Pending

THN22-236

643030

6470330

1622

72

-43

51.81

Metla

Pending

THN22-237

630351

6485431

1301

27

-45

308.46

Trapper

Pending

THN22-238

630459

6485405

1261

24

-47

181.36

Trapper

Pending

THN22-239

630458

6485404

1261

22

-66

188.36

Trapper

Pending

THN22-240

630348

6485433

1308

26

-63

213.09

Trapper

Pending

THN22-241

630257

6485477

1324

3

-47

282.55

Trapper

Pending

THN22-242

630257

6485477

1324

1

-66

142.64

Trapper

Pending

THN22-243

630352

6485419

1297

7

-45

406.30

Trapper

Pending

THN22-244

630258

6485477

1323

24

-47

341.07

Trapper

Pending

THN22-246

630258

6485477

1324

2

-56

270.36

Trapper

Pending

THN22-248

630221

6485569

1336

353

-58

257.25

Trapper

Pending

THN22-249

630302

6485457

1310

5

-45

370.94

Trapper

Pending

THN22-250

630221

6485569

1336

28

-55

321.86

Trapper

Pending

THN22-251

630410

6485437

1276

26

-55

180.91

Trapper

Pending

THN22-253

630410

6485436

1276

25

-65

32.31

Trapper

Pending

THN22-256

630409

6485437

1276

8

-57

145.08

Trapper

Pending

Total

 

 

 

 

 

9,889.71

 

 

Table 6. Drill Collar Information of Previously Released Holes.

Hole ID

Easting

Northing

Elevation (m)

Azimuth

Dip

Depth

Zone

NR Status

THN22-200

627774

6491687

619

241

-69

629.02

Camp Creek

No Significant Results

THN22-201

627871

6491942

670

239

-83

1302.71

Camp Creek

Reported August 16, 2022

THN22-202

627774

6491690

613

290

-76

636.12

Camp Creek

No Significant Results

THN22-203

630221

6485567

1336

6

-44

242.93

Trapper

Reported July 6, 2022

THN22-204

630222

6485571

1340

7

-80

282.55

Trapper

Reported July 6, 2022

THN22-205

630222

6485567

1332

7

-67

303.89

Trapper

Reported July 6, 2022

THN22-206

630339

6485539

1305

0

-50

338.02

Trapper

Reported August 31, 2022

THN22-207

630339

6485539

1305

0

-76

232.26

Trapper

Reported August 31, 2022

THN22-208

630288

6485547

1326

1

-64

258.47

Trapper

Reported August 31, 2022

THN22-209

630287

6485550

1321

1

-80

218.54

Trapper

Reported August 31, 2022

Total

4,444.51

 

 

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 target areas have been identified for further exploration work. Information on each of the targets can be found at the following link: https://brixtonmetals.com/thorn-gold-copper-silver-project/

Qualified Person

Mr. Corey A. James, P.Geo., is a Senior Project Geologist for the company and 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.

Corporate Update

Mr. Mitchell Smith has resigned from the position of Vice President, Investor Relations to pursue other opportunities. From the entire team at Brixton Metals, we would like to thank Mitchell for his dedication and commitment over the past 5 years and wish him all the best in his future endeavours.

The Company is pleased to announce the appointment of Mr. Neil MacRae as Senior Investor Relations and Corporate Communications for Brixton. Neil brings 19 years experience as investor relations within the mining community including work with Fireweed Zinc, Santacruz Silver Mining Ltd., Aztec Minerals Corp. Farallon Mining Ltd. First Majestic Silver Corp, NovaGold Resources Inc., and Mitsui & Co., Ltd. Neil also served as a Director of the BC Chapter of the Canadian Investor Relations Institute (CIRI).

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 Hog Heaven copper-silver-gold Project in NW Montana, USA (Optioned to Ivanhoe Electric Inc. NYSE: IE), the Langis-HudBay silver-cobalt-nickel Project in Ontario and the Atlin Goldfields Projects located in NW BC (Optioned to Pacific Bay Minerals (TSXV: PBM). 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 CEO
Tel: 604-630-9707 or email: info@brixtonmetals.com

For Investor Relations, please contact:

Neil MacRae, Senior Investor Relations & Corporate Communications
Tel: 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.