Brixton Metals Drills 5.00m of 0.23% Cobalt, 2.10% Copper, 94.96 g/t Silver Including 2.00m of 0.72% Cobalt Equivalent

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[{"type":"text","content":"Brixton Metals Drills 5.00m of 0.23% Cobalt, 2.10% Copper, 94.96 g/t Silver Including 2.00m of 0.72% Cobalt Equivalent(via TheNewswire)\n \n \nApril 10, 2018 / TheNewsiwre / Brixton Metals Corporation (TSXV: BBB) (the \"Company\" or \"Brixton\") is pleased to announce drill results from its wholly owned Hudson Bay project located in the Cobalt Camp, Ontario, Canada.\n\n \n \nHighlights from 9 drill holes:\n\n \n \n\n\n- Drill hole HB18-17 intersected 5.00m of 0.23% cobalt, 2.10% copper and 94.96 g/t silver including 2.00m of 0.55% cobalt, 2.38% copper, 193.50 g/t silver or 0.72% CoEq\n\n\n\n \n \n\n\n- Drill hole HB-18-16 intersected 1.00m of 0.22% Cobalt, 3.99 g/t gold, 76.10 g/t silver or 0.54% CoEq from 26m depth\n\n\n\n \n \n\n\n- Drill hole HB-18-09 intersected 0.04m of 53,053 g/t silver (5.3% Ag), 12.70% copper, 0.91% nickel \n\n\n\n\n \nChairman and CEO of Brixton, Gary R. Thompson stated, \"We are impressed with such high silver grades in Hole 9, where we hit 5.3% silver and 12.7% copper; albeit narrow, it is very encouraging. We see both disseminated mineralized zones and a series of veins stacked together, as in hole 14 where there are 7 mineralized intervals within 53m inclusive of a 3.5m mined out section and are pleased that these mineralized intervals can reach 9m in width. For reference, 12% copper or 1,600 g/t silver is equivalent to 1% cobalt.\" \n\n \n \n\nClick Image To View Full Size\n\n \n \nFollow link to see data for holes 18-09 to 18-13:\n\n\n \nhttp://brixtonmetals.com/wp/wp-content/uploads/2018/04/NR-Apr-10-2018-Graph-1.jpg\n\n\n \nHoles HB-18-10 and 15 returned no significant results. Results from 5 holes at Hudson Bay are pending.\n\n\n \n\nClick Image To View Full Size\n\n \n \nFollow link to see data for holes 18-14 to 18-17:\n\n\n \nhttp://brixtonmetals.com/wp/wp-content/uploads/2018/04/NR-Apr-10-2018-Graph-2.jpg\n\n\n \nCobalt Equivalent values (CoEq) were calculated using the formula CoEq = $17 x Ag g/t / 31.104 +$1200 x Au g/t / 31.104 + $3 x % Cu / 100 x 2204.63 + $28 x % Co / 100 x 2204.63 + $5.50 x % Ni / 100 x 2204.63 / $28 / 2204.63*100. This method assumes full metal recoveries. Metal prices used in this calculation include: $17 per ounce for Ag, $3 per pound for Cu, $5.5 per pound for Ni and $28 per pound for Co. Silver Equivalent values (AgEq) were calculated using the formula AgEq = 17 ...

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