Brixton Metals Drills 4m of 370 g/t Ag including 1m of 1080 g/t Ag (34 opt Ag) at its Langis Project, Ontario Canada
VANCOUVER, British Columbia, Jan. 08, 2021 (GLOBE NEWSWIRE) — Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) is pleased to announce the second round of drill results from its fall/winter exploration program at the Langis Mine Project located in the Cobalt Camp of Ontario. The assays for this round are from 14 holes totaling 1673.85m of NQ size core. Drill holes follow a fan-type array with depths ranging from 55m to 176m across the Shaft 3 trend.
HighlightsHole LM-20-111 intercepted 4m of 370 g/t Ag from 18m, including 1m of 1080 g/t Ag and
1m of 7% Cu, 27.6 g/t Ag, 0.03% Co from 113mLM-20-113 intercepted 4m of 366 g/t Ag including 1m of 1015 g/t Ag, 0.35% CoHole LM-20-110 intercepted 4m of 196.6g/t Ag from 3.6m, including 1m of 661 g/t AgChairman and CEO of Brixton, Gary R. Thompson stated, “We continue to be pleased with the results from our on-going 20,000m drill program at Langis. Drilling continues to generate high-grade near-surface results that support the potential maiden resource.”Click here for Figure 1. Location of the Shaft 3 Drilling Area:
http://brixtonmetals.com/wp/wp-content/uploads/2021/01/Figure-1_8Jan2021.jpgTable 1. Langis Fall 2020 Drilling Highlights near Shaft 3.Intervals represent drilled lengths and the true widths of the silver and cobalt mineralization have not been determined at this time. Results are weighted average grades.Click here for Figure 2. Pseudo-Cross Section All Drilling near Shaft # 3 with Silver Results:http://brixtonmetals.com/wp/wp-content/uploads/2021/01/Figure-2_8jan2021.jpgClick here for Figure 3. Hole LM-20-113 from 5.9m, Native Silver and Cobaltite in Quartz-Carbonate Veins:http://brixtonmetals.com/wp/wp-content/uploads/2021/01/Figure-3_8Jan2021.pngClick here for Figure 4. Hole LM-20-111 at 113.0m to 113.5m, Massive Chalcopyrite, Pyrite, and Pyrrhotite Hosted within Conglomerate, returned 10.85% Cu, 39.6 g/t Ag, 0.05% Co over 0.5m:http://brixtonmetals.com/wp/wp-content/uploads/2021/01/Figure-4_8Jan2021.pngQuality Assurance & Quality ControlDiamond drill holes were drilled to depth NQ size. Samples were collected using 1m average sample length. Three quality control samples (one blank, one standard and one duplicate) were inserted into each batch of 20 samples. The drill core was sawed, with half of the core batched, 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 Mine ProjectBrixton’s wholly owned Langis Mine Project is a past producing mine 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 10.6Moz of silver at 787 g/t Ag and 358,340 pounds of cobalt. Historically, the combined mines in the Cobalt Camp produced over 550 million ounces of silver with 30-50 million pounds of cobalt as a by-product.Mr. Antonio Celis, P.Geo., who is a qualified person as defined by National Instrument 43-101, reviewed and approved the information in this press release.About Brixton Metals CorporationBrixton is a Canadian exploration and development company focused on the advancement of its mining projects toward feasibility. Brixton wholly owns four exploration projects: the Thorn copper-gold-silver Project, the Atlin Goldfields Projects located in NWBC, the Langis-HudBay silver-cobalt Project in Ontario and the Hog Heaven silver-gold-copper Project in NW Montana, USA. 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 DirectorsMr. Gary R. Thompson, Chairman and CEO
Tel: 604-630-9707 or email: [email protected]For Investor Relations, please contact:Mitchell Smith, VP 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.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.
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