Brixton Metals Targets Copper Porphyry at its Thorn Project
Brixton Metals Corporation (TSXV: BBB) (OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce its 2019 exploration plans at its wholly owned Thorn project, which will focus on two large scale copper porphyry targets on the property.
Phase 1 Highlights
- Planned phase one drilling of a 1,000 metre hole at the Oban diatreme breccia, which is part of the Camp Creek copper corridor where hole 85 returned 30 metres of 1.18 percent copper and hole 119 ended in 0.53 percent copper at 383 metres depth, see Figure 1. True width of the above copper mineralization interval is unknown at this time.
- The Camp Creek copper corridor trends northeast for 1.5 kilometres (Oban to Glenfiddich zones) and represents a high-level, high sulphidation mineralized system interpreted to be indicative of a blind porphyry. Surface rock chip and grab samples from the Camp Creek trend have returned copper grades up to 32.6 percent, see Figure 2. These are select samples and are not representative of the mineralization hosted on the property.
Chairman and CEO of Brixton Metals, Gary R. Thompson stated, “We are excited to be drilling at Thorn this season and now with a copper porphyry focus we believe that we can start to unlock the potential of the district scale property. Phase one drilling is anticipated to begin early June and it should take about 2 weeks to complete the deep core hole. Upon completion of the deep hole at the Oban diatreme we plan to shift our focus to drilling at the Atlin Goldfields project while we await assay results from Thorn. Subject to additional funding, we plan to drill five to eight holes on the Chivas copper porphyry target at Thorn to depths of 300 to 500 metres.”
Phase 2 Highlights
- The proposed phase two drilling will focus on the Chivas copper porphyry target which has the following characteristics:
- a potential target for tier one metal endowment;
- a greater than 5 square kilometer Cu-Au-Mo-in-soil anomaly see Figures 4, 5 and 6;
- metal ratios of molybdenum to arsenic and silver to gold in soils and rocks that show patterns which are consistent with known porphyry systems;
- porphyry style veins and alteration which were intersected in 2017 drilling;
- increased chalcopyrite to pyrite ratio vectors to the Chivas porphyry.
In addition, during the 2018 field mapping and geochemical sampling program, three grab samples collected have returned gold values of 9.27 g/t Au, 12.55 g/t Au and 39.4 g/t Au. These are select samples and are not representative of the mineralization hosted on the property. See figure 6 below for the location of the samples.
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 projects toward feasibility. Brixton wholly owns four exploration projects, the Thorn copper-gold-silver project and the Atlin Goldfields project 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. 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: [email protected]
For Investor Relations please contact Mitchell Smith
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.
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