Brixton Metals Commences Drilling for Copper-Gold-Silver at its Thorn Project

VANCOUVER, British Columbia, Could 26, 2021 (GLOBE NEWSWIRE) — Brixton Metals Company (TSX: BBB, OTCQB: BBBXF) (the “Firm” or “Brixton”) is happy to announce that its 2021 exploration program has begun on its wholly owned Thorn Cu-Au-Ag-Mo Mission positioned within the Golden Triangle of Northwest British Columbia, Canada. The Mission is throughout the Taku River Tlingit First Nations and the Tahltan First Nations conventional territory. Brixton is dedicated to supporting the native economies the place we function and sustaining a low environmental impression exploration technique.

2021 Exploration Targets

The main target of this yr’s program is to advance exploration on the quite a few large-scale copper-gold-silver targets with a purpose to generate new discoveries and transfer them into useful resource classes. In 2020, the Firm intercepted porphyry-style mineralization throughout the Camp Creek hall in gap 181; expanded the Central Outlaw Gold Goal to 600m in strike; drilled close to floor gold mineralization on the West Outlaw goal; pulled a number of the highest-grade gold-in-rock samples on the Trapper Gold Goal so far; and considerably expanded the Metla copper-gold geochemical anomaly.

As well as, a number of new massive areas of curiosity have emerged from the 2020 work, together with the West, East and South Copper Targets; the Moly Valley Cu-Mo-Au Goal; and the Gold Bee Gold Goal, which is on development with the past-producing Golden Bear Mine.

Brixton’s part one program at Thorn in 2021 contains:

• 8,000m of drilling on (1) the core of the Camp Creek Cu-Au-Ag-Mo Porphyry, (2) the Trapper high-grade gold goal and (3) develop the Outlaw gold development;
• 330 sq. kilometers of MMT and Magnetic geophysical surveys in early June;
• Massive scale soil and rock geochemical surveys and in depth geological mapping;
• Collaboration with UBC’s Mineral Deposit Analysis Unit (MDRU) researching porphyry fertility and vectoring;
• Building and camp upgrades to accommodate 50 individuals;
• Set up a satellite tv for pc camp for the Metla Copper-Gold Goal space to additional outline drill targets as a part of a possible part two drill program this season.

Vice President of Exploration, Christina Anstey acknowledged, “As we embark on the most important discipline applications so far on the Thorn Mission, we’re excited to develop on our many robust copper and gold geochemical anomalies and show the potential of porphyry and epithermal targets all through the 2600 sq. kilometer Thorn property”.

Click on right here for Determine 1. Thorn Mission Location Map:

https://brixtonmetals.com/wp/wp-content/uploads/2021/05/Figure-1_26May2021.jpg

Camp Creek Cu-Au-Ag-Mo Porphyry Goal:

The Camp Creek Hall is a porphyry-epithermal system with a strike size of larger than 2km and a width of 1km. This goal contains the shallow, high-sulphidation Glenfiddich and Talisker veins-breccia and the Oban diatreme, which comprise an inferred useful resource of 21.5Moz AgEq (see October 29, 2014 Information Launch or SEDAR). Deeper drilling encountered porphyry-style Cu-Au-Ag-Mo mineralization in holes 162 and 181 in 2019 and 2020, respectively.

• The target is to check for a high-grade core of the porphyry system;
• Drill a number of well-spaced 1000-1500m deep holes for a complete of 4,000-5000m;
• Carry out airborne MMT and Magnetics surveys over a 330 sq. kilometer space which covers Camp Creek, Trapper, Outlaw and West Targets.

Gap THN20-181 (see Determine 2) was collared between holes 150 and 162. Gap 181 reveals a rise in potassic alteration and Cu-Mo grades down gap. Gap 181 intercepted 439m of 0.34% CuEq together with 106m of 0.6% CuEq, the place the underside 6m of the opening returned 2.2% CuEq (see January 18, 2021 information launch). A geochemically distinct porphyry part “Porphyry X” was recognized in gap 181 by MDRU’s geochemical evaluation which seems to correlate properly with the Cu-Mo mineralization. Porphyry X is a crowded plagioclase porphyry characterised by well-defined “stacked” biotite, a characteristic typical of mineral-related porphyry phases.

In 2020, drill gap 150 was drilled to 829m and resulted in a diatreme the place a rise in mineralized porphyry fragments had been famous. As beforehand launched, gap 150 returned 554m of 1.97 g/t AuEq from 100m depth (see July 15, 2019 information launch and Determine 2 beneath). Gap 162 was collared about one kilometer west from gap 150. THN19-162, which resulted in mineralization, intersected 230.82m of 0.27% CuEq from 323.00m depth with growing Cu and Mo grades with depth (see December 19, 2019 information launch and Determine 2 beneath).

Click on right here for Determine 2. Camp Creek Hall Drilling:
https://brixtonmetals.com/wp/wp-content/uploads/2021/05/Figure-2_26May2021.jpg

Trapper Gold Goal

The Trapper Gold Goal is positioned about 8km southeast from the Camp Creek Goal. Brixton consolidated the Trapper goal by the take care of Kodiak Copper Corp (see August 27, 2020 information launch). The Trapper Goal represents a volcanic hosted epithermal gold system the place soil and rock sampling have recognized a 7.5km lengthy northwest trending gold anomaly (see Determine 3 beneath).

Floor rock sampling in 2020 recognized a brand new space of in-situ high-grade gold, the place ten samples ranged from 6.0 g/t Au to 47.0 g/t Au. The earlier operator drilled forty-two drill holes for 8581m in 2011 alongside a multi-kilometer development, the place many holes returned broad intervals of gold mineralization together with some slim high-grade sub-intervals. A number of the earlier drilling highlights embody: TG11-11 intersected 34m of 1.7 g/t Au together with 0.4m of 93 g/t Au; TG11-40 intersected 27.5m of 1.2 g/t Au together with 2.5m of 11.2 g/t Au.

• The target is to generate a brand new high-grade gold discovery and increasing the development;
• Drill 2000-3000m inside 20-40 shallow core holes;
• Soil-rock geochemical surveys and structural mapping to additional refine the anomaly.

Click on right here for Determine 3. Drilling and Floor Gold-soil/rock Geochemical Highlights Trapper Gold Goal:
https://brixtonmetals.com/wp/wp-content/uploads/2021/05/Figure-3_26May2021.jpg

The Outlaw Gold Goal

Outlaw Goal Sequence video clip: https://youtu.be/Egh1JBxAa_U

The Outlaw Goal represents an east west trending 4km lengthy sediment-hosted gold-silver anomaly. Mineralization is at or close to floor and is hosted inside a number of stacked horizons of north dipping sub-horizontal sediments as interbedded siltstone-graywacke with each stratigraphic and structural controls. Early exploration work on the Outlaw Goal was carried out by Chevron’s Minerals within the 1980’s which entailed soil and rock geochemical surveys, trenching and some drill holes. Earlier drilling by Brixton on the Outlaw Central Zone contains 59.6m of 1.2 g/t Au (THN14-128), and 52m of 0.9 g/t Au together with 18m of 1.6 g/t Au (THN16-132). The East Outlaw space is about 0.8km to the east of the Central Zone and returned 37.78m of 1.23 g/t Au from gap THN19-159.

• The target is to attach the Central and East Targets and lengthening the gold mineralization strike;
• Drill broadly spaced, shallow holes for a complete of 1000-2000m and conduct channel sampling.

Click on right here for Determine 4. Outlaw Gold Goal, Drilling and Rock Sampling:

https://brixtonmetals.com/wp/wp-content/uploads/2021/05/Figure-4_26May2021.jpg

Metla Copper-Gold Porphyry Goal

The Metla Goal is a newly consolidated camp scale copper-gold porphyry goal or extra possible a number of targets (see August 24, 2020 information launch). In 2019, Stuhini Exploration’s geologist found new porphyry model float boulder on the toe of a receding glacier. The rock pattern ALW19-004 was a potassic altered foliated diorite porphyry with bornite, chalcocite and chalcopyrite mineralization returning 4.7% Cu and 1.8 g/t Au, 31 g/t Ag, 0.23 g/t Pd. Brixton’s 2020 rock and soil sampling targeted round this new space and eastward, the place anomalous copper values as much as 3.4% copper have been sampled over a really massive space. In 1990, Cominco collected over 400 rock samples 600m by 1,200m starting from lower than 10 ppb gold to 68,000 ppb gold. Cominco recognized 5 bedrock areas internet hosting vital gold and base steel mineralization, together with Space D the place a 9.0m chip pattern returned 4.70 g/t gold.

• The target is to outline drill targets;
• In-fill and develop the copper-gold anomalies utilizing soil and rock geochemical surveys;
• Geological and alteration mapping to vector in direction of the core of the system.

Chairman and CEO Gary R. Thompson acknowledged, “We’re excited to have the camp open early this yr in order that we will get the bounce on the season. Brixton has considerably elevated its odds of success on the Thorn Mission with the huge variety of large-scale copper-gold-silver-moly targets which have been lately developed. The latest surge in commodity demand and pricing has put stress on miners to develop new long-lived property. We imagine that Brixton’s Thorn mission provides nice potential to offer the supplies wanted for the long run.”

Atlin Goldfields Mission Replace

The Atlin Goldfield Mission is an orogenic gold and intrusion-related gold mission overlaying a 935 sq. kilometer land place. The corporate has a non-drilling exploration program for 2021 at its Atlin Goldfields Mission together with core re-logging from the Yellowjacket Gold Goal the place historic drilling returned 104 g/t Au over 30m; geological and structural mapping; soil and rock geochemical surveying on the Union exhibiting and the LD Goal, the place rock seize samples returned as much as 53.6 g/t Au and the place float boulders returned as much as 293 g/t Au, respectively.

Hog Heaven Mission Replace

Excessive Energy Exploration has carried out a re-logging of core and cuttings on the mission and plans to finish a big Storm geophysical survey. Additional particulars will probably be offered as they develop into accessible.

Mr. Gary R. Thompson, P.Geo., who’s a certified particular person as outlined by Nationwide Instrument 43-101, has reviewed and authorized the knowledge on this press launch.

About Brixton Metals Company

Brixton is a Canadian exploration and growth firm targeted on the development of its mining tasks towards feasibility. Brixton wholly owns 4 exploration tasks, the Thorn copper-gold-silver Mission, the Atlin Goldfields Tasks positioned in NWBC, the Langis-HudBay silver-cobalt Mission in Ontario and the Hog Heaven silver-gold-copper Mission in NW Montana, USA now underneath JV with HPX. Brixton Metals Company shares commerce on the TSX-V underneath the ticker image BBB, and on the OTCQB underneath the ticker image BBBXF. For extra details about Brixton, please go to our web site at www.brixtonmetals.com.

On Behalf of the Board of Administrators

Mr. Gary R. Thompson, Chairman and CEO
Tel: 604-630-9707 or e-mail: info@brixtonmetals.com

For Investor Relations, please contact:

Mitchell Smith, VP Investor Relations
Tel: 604-630-9707 or e-mail: mitchell.smith@brixtonmetals.com

Neither the TSX Enterprise Trade nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this launch.

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