Brixton Metals Provides Assays from the Second Camp Creek Drill Hole of the 2024 Exploration Program with an Upper 61.5m Gold Dominant Zone and a Lower 1126.05m Interval of Porphyry Copper Dominant Zone Gold Zone: 61.5m of 0.89 g/t Gold Including 4.65m of 6.15 g/t Gold
Brixton Metals Provides Assays from the Second Camp Creek Drill Hole of the 2024
Exploration Program with an Upper 61.5m Gold Dominant Zone and a Lower
1126.05m Interval of Porphyry Copper Dominant Zone
Gold Zone: 61.5m of 0.89 g/t Gold Including 4.65m of 6.15 g/t Gold
Copper Zone: 1126.05m of 0.31% CuEq, Including Sub-intervals of 575.50m of 0.45%
CuEq, 247.94m of 0.57% CuEq, 81.50m of 0.60% CuEq, 30.55m of 0.67% CuEq
VANCOUVER, British Columbia, August 6, 2024 (GLOBE NEWSWIRE) - Brixton Metals
Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce
its second drill hole results of the 2024 season from its wholly owned Th orn Project located in NW
British Columbia, Canada. The Thorn Project is an underexplored copper-gold porphyry district with
16 large scale exploration target areas identified. Brixton is operating with two diamond drills and will
continue drilling until the end of the season.
Highlights
• A gold dominant zone identified above porphyry-copper mineralization in hole THN24-291
from 116.50-178.00m represents a potential southwest extension to the high-sulphidation
gold system of the Talisker Zone to a 900m strike length yielding:
o 61.50m of 0.89 g/t Au, 10.5 g/t Ag, 0.13% Cu
o Including 37.30m of 1.35 g/t Au, 16.1 g/t Ag, 0.21% Cu
o Including 11.00m of 3.53 g/t Au, 43.7 g/t Ag, 0.67% Cu
o Including 4.65m of 6.15 g/t Au, 61.9 g/t Ag, 0.96% Cu
• Copper dominant porphyry mineralization within THN24-291 begins at 397.95m depth and
ended in mineralization at 1524m with increasing copper grades observed over the bottom
25m
• Hole THN24-291 intercepted broad zones of Cu-Au-Ag-Mo mineralization:
o 1126.05m 0.18% Cu, 0.05 g/t Au, 1.82 g/t Ag, 167 ppm Mo (0.31% CuEq)
o 575.50m of 0.27% Cu, 0.06 g/t Au, 2.32 g/t Ag, 266 ppm Mo (0.45% CuEq)
o 247.94m of 0.34% Cu, 0.10 g/t Au, 2.81 g/t Ag, 295 ppm Mo (0.57% CuEq)
o 55.94 of 0.44% Cu, 0.13 g/t Au, 3.60 g/t Ag, 253 ppm Mo (0.66% CuEq)
o 30.55m of 0.46% Cu, 0.13 g/t Au, 3.95 g/t Ag, 212 ppm Mo (0.67% CuEq)
o 21.00m of 0.38% Cu, 0.05 g/t Au, 2.62 g/t Ag, 456 ppm Mo (0.65% CuEq)
• Hole THN24-291 significantly extends the footprint of mineralized porphyry at Camp Creek
towards the northwest
Vice President of Exploration, Christina Anstey, stated, “We are excited to announce that THN2 4-
291 has expanded the known broad copper mineralization at the Camp Creek Porphyry Target and
provided a 250-meter extension of the Talisker Gold Zone at the Thorn Project. We look forward to
receiving additional assays from the Camp Creek drilling and some of the new multi-kilometer scale
regional untested drill targets being explored during this fully funded season.”
Figure 1. Thorn Project Location Map with Copper Geochemistry.
Table 1. Select Intervals in Hole THN24-291 from the Gold Dominant Zone.
Hole ID From (m) To (m) Interval (m) Au (g/t) Ag (g/t) Cu (%)
THN24-291 116.50 178.00 61.50 0.89 10.5 0.13
including 116.50 167.30 50.80 1.06 12.5 0.16
including 130.00 167.30 37.30 1.35 16.1 0.21
including 131.00 142.00 11.00 3.53 43.7 0.67
including 131.70 136.35 4.65 6.15 61.9 0.96
The true width of the mineralized intervals has not yet been determined.
Figure 2. THN24-291 Cross-Section and Plan Map for Camp Creek at -400m below sea level.
Table 2. Select Assay Intervals for Camp Creek Drill Hole THN24-291.
Hole ID From
(m) To (m) Interval
(m)
Cu
(%)
Au
(g/t)
Ag
(g/t)
Mo
(ppm)
CuEq
(%)
THN24-291 397.95 1524.00 1126.05 0.18 0.05 1.82 167 0.31
including 520.50 1524.00 1003.50 0.20 0.06 1.92 186 0.34
including 948.50 1524.00 575.50 0.27 0.06 2.32 266 0.45
including 948.50 1320.40 371.90 0.31 0.08 2.73 279 0.52
including 974.06 1222.00 247.94 0.34 0.10 2.81 295 0.57
including 948.50 1030.00 81.50 0.39 0.13 3.37 214 0.60
including 974.06 1030.00 55.94 0.44 0.13 3.60 253 0.66
1058.45 1089.00 30.55 0.46 0.13 3.95 212 0.67
1503.00 1524.00 21.00 0.38 0.05 2.62 456 0.65
HQ and NQ size core samples were cut in half and sampled predominantly at 2.0m intervals. Assay
values are weighted averages. The true width of the mineralized intervals has not yet been
determined.
Copper Equivalent (CuEq) is calculated based on US$ 4.02/lb Cu, US$ 2105.6/oz Au, US$ 25.16/oz
Ag, $US 20.99/lb Mo. These prices represent the approximate Metal prices and calculations assume
95% metal recoveries.
CuEq % = (Cu % + (0.764486* Au g/t) + (0.009134 * Ag g/t) + (0.000523 * Mo ppm)) * 0.95
Discussion
THN24-291 was collared 285m west from THN21-184 collar and drilled at an azimuth of 150 degrees
with a dip of -82 degrees to a total depth of 1524.00m. The objective of hole THN24-291 was to test
for the high-grade part of the system and to expand mineralization footprint to the northwest.
The gold zone in the upper section of hole 291 from 116.50-178.00m yielded 61.5m of 0.89 g/t Au,
10.5 g/t Ag, and 0.13% Cu represents the high-sulphidation part of the porphyry system and appears
to reflect the southwest extension to the near surface Talisker Zone. Previous drill intercepts at
Talisker include THN11-51 which intersected 49.78m of 1.41g/t Au, 19.00 g/t Ag, 0.25% Cu from
52.60m depth and THN04-29 which intersected 56.10m of 1.27g/t Au, 16.7g/t Ag, 0.19 Cu% from
21.80m depth. The Talisker gold zone has a strong Ag-As-Cu-Sb-Bi association coincident with the
gold zone intercepted in hole 291, located 480m to the southwest from the gold intercept in hole
THN11-51, and provides a potential new total strike length of the Talisker Zone of 900m. Gold
mineralization is hosted within the upper Porphyry Z unit which is situated above Porphyry Y and
Porphyry X units.
Figure 3. HQ Core from Hole THN24-291 from the Upper Gold Zone.
Hole THN24-291 was successful in extending Cu -Au-Ag-Mo mineralization both laterally and to
depth in this area with meaningful higher grade sub-intervals within the 1126.05m of mineralization
drilled. The hole ended in 21.00 meters of 0.65% CuEq well -mineralized siltstone (0.38% Cu, 0.05
g/t Au, 2.62 g/t Ag and 456 ppm Mo). Porphyry mineralization is hosted in the Cretaceous aged
diorite Porphyry X unit, a crowded plagioclase porphyry characterized by well-defined stacked biotite,
a feature typical of mineral -related porphyry phases. Mineralization is also hosted within Triassic
Stuhini Group sedimentary rocks, which are intruded by the porphyry phases. Mineralization consists
dominantly of chalcopyrite, molybdenite and pyrite as disseminations, fracture fill and within
porphyry-style veins . Pyrite is dominate in the upper part of the hole with chalcopyrite and
molybdenite mineralization increasing with depth. The majority of copper -molybdenum
mineralization within hole 291 is hosted in the Triassic Stuhini Group sediments with Porphyry X
comprising only 200m of the broader 1126m zone of mineralization (Figure 6). Alteration
assemblages transition from advanced argillic at surface, into a pronounced zone of strong phyllic
alteration and ultimately into potassic assemblages around the core of the system. Higher -grade
mineralization typically occurs around the -400m below sea level. At this -400-level hole THN24-291
is spaced 95m west from previously reported holes 184 and 152m north from hole 201, (see plan
map in Figure 2) and constitutes a significant step -out from previous drilling to the West and
Northwest.
Figure 4. Core Photographs of Copper Mineralization Observed in THN24-291.
Figure 5. Core Photographs of Copper Mineralization in Hole THN24-291.
Figure 6. Strip-Log of Hole THN24-291 for Geological Units and Cu-Au-Ag-Mo distribution.
Table 3. Collar Information for Hole THN24-291.
Hole ID Easting Northing Elevation (m) Dip Depth (m)
THN24-291 627663 6492135 733 -82 1524.00
Quality Assurance & Quality Control
Quality assurance and quality control protocols for drill core sampling was developed by Brixton.
Core samples were mostly taken at 1.0 to 2.0m 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 or Langley, British Columbia depending on available lab capacity. 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 a n 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 dep ending 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.
Qualified Person (QP)
Mr. Corey A. James, P.Geo., is a Senior Project Geologist for the Company who is a qualified person
as defined by National Instrument 43-101. Mr. James has verified the referenced data and analytical
results disclosed in this press release and has approved the technical information presented herein.
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, which is
optioned to Ivanhoe Electric Inc., the Langis-HudBay silver-cobalt-nickel Project in Ontario and the
Atlin Goldfields Project located in northwest BC which is optioned to Eldorado Gold Corporation.
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
For Investor Relations inquiries please contact : Mr. Michael Rapsch, Senior Manager, Investor
Relations. email: [email protected] or call Tel: 604-630-9707
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