Brixton Metals Provides Initial Assays from the 2024 Drill Program at its Thorn Project with 1467.73m of Copper-Gold-Silver-Molybdenum with Several Sub- intervals: 960.40m of 0.39% CuEq, 452m of 0.46% CuEq, 121.50m of 0.55% CuEq, 8.0m of
Brixton Metals Provides Initial Assays from the 2024 Drill Program at its Thorn
Project with 1467.73m of Copper-Gold-Silver-Molybdenum with Several Sub-
intervals:
960.40m of 0.39% CuEq, 452m of 0.46% CuEq, 121.50m of 0.55% CuEq, 8.0m of
1.21% CuEq and 64.73m of 0.61% CuEq
VANCOUVER, British Columbia, July 25, 2024 (GLOBE NEWSWIRE) - Brixton Metals
Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce
its first drill results of the 2024 season from its wholly owned Th orn Project located in NW British
Columbia, Canada. The 2880 square-kilometer claim group is located within the traditional territory
of the Tahltan First Nation and the Taku River Tlingit First Nation. The Thorn Project is an
underexplored copper-gold porphyry district with 16 large scale exploration target areas identified.
Brixton is currently drilling with two rigs until the end of the season. Ground MT geophysical surveys
at the North Copper Target and Cirque Copper Target are now complete and geochemical surveys,
prospecting and mapping are ongoing.
Highlights
• Copper dominant porphyry mineralization starts at 314.5m depth in hole THN24-290 which
ended in mineralization at 1564m depth and remains open in all directions
• Important higher-grade sub-intervals yield broad zones of Cu-Au-Ag-Mo mineralization as:
o 960.40m of 0.21% Cu, 0.06 g/t Au, 2.71 g/t Ag, 279 ppm Mo or 0.39% CuEq
o 452.00m of 0.28% Cu, 0.08 g/t Au, 3.39 g/t Ag, 272 ppm Mo or 0.46% CuEq
o 391.50m of 0.30% Cu, 0.08 g/t Au, 3.59 g/t Ag, 294 ppm Mo or 0.49% CuEq
o 121.50m of 0.35% Cu, 0.14 g/t Au, 6.27 g/t Ag, 184 ppm Mo or 0.55% CuEq
o 8.00m of 0.72% Cu, 0.25 g/t Au, 33.99 g/t Ag, 246 ppm Mo or 1.21% CuEq
o 150.73m of 0.32% Cu, 0.04 g/t Au, 2.58 g/t Ag, 461 ppm Mo or 0.56% CuEq
o 64.73m of 0.39% Cu, 0.07 g/t Au, 3.11 g/t Ag, 389 ppm Mo or 0.61% CuEq
• Hole THN24-290 significantly increases the volume of mineralized porphyry at Camp Creek
Vice President of Exploration , Christina A nstey stated, “We are delighted to report on these
exceptionally broad copper intervals from the initial drill results of our fully funded 2024 season at
the Thorn Project. W e are looking forward to receiving results for two additional deep holes, 291
(assays pending) and 294 (currently drilling) at Camp Creek, which were planned as northwest step
outs from previous drilling as well as three completed drill holes at the Cirque Copper Target (assays
pending), located 3km east from the Camp Creek Target area.”
Figure 1. Thorn Project Location Map with Copper Geochemistry.
Figure 2. THN24-290 Cross-Section and Plan Map for Camp Creek at -400m below sea level.
Table 1. Select Assay Intervals for Camp Creek Drill Hole THN24-290.
HQ and NQ size core samples were cut in half and sampled predominantly at 2.0m intervals. The
true width of the mineralized intervals have 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 % + (0.764485* Au g/t) + (0.009134 * Ag g/t) + (0.000523 * Mo ppm)) * 0.95
Discussion
THN24-290 was collared from the same pad as THN23 -277 and was drill ed at an azimuth of 325
degrees with a dip of -78 degrees to a total depth of 1564.00m. The objective of hole THN24 -290
was to test below hole 277 from 2023 that failed to reach target depth due to ground conditions .
THN23-277 was planned to test for a high-grade part of the porphyry system at Camp Creek while
infilling a large gap of nearly one square -kilometer between previous drill holes . Hole 290 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 1249.50m of mineralization drilled. 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 as it gives way to increased chalcopyrite a nd molybdenite with increasing
depth. 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 level hole
THN24-290 is spaced 440m east from previously reported hole 184, 350m west from hole 261, and
300m south f rom hole 221 (see plan map in Figure 2) and constitutes a significant step -out from
previous drilling.
Figure 3. NQ Core-photographs of Mineralization Styles Observed in THN24-290.
Table 2. Collar Information of Hole THN24-290.
Hole ID Easting Northing Elevation (m) Azimuth Dip Length (m)
THN24-290 628137 6491799 772 325 -78 1564
Figure 4. Strip-Log of Hole THN24-290 for Cu-Au-Ag-Mo.
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 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.
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 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 share s 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
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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Such factors include, among others, the following risks: the need for additional financing; operational risks associated with
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