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Brixton Metals Significantly Increases the Number of Cu-Au Targets at its Thorn Project
VANCOUVER, British Columbia, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (“Brixton” or the "Company") (TSXV: BBB) (OTCQB: BBBXF) is pleased to
About this update from Brixton Metals Corporation
[{"type":"text","content":" VANCOUVER, British Columbia, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (“Brixton” or the \"Company\") (TSXV: BBB) (OTCQB: BBBXF) is pleased to provide its rock and soil geochemistry results summary from the 2020 season on its vast 2,594 square kilometer Thorn Cu-Au-Ag Project. A total of 1473 rock samples and 5588 soil samples were collected throughout the Thorn Project. Highlights from 2020 Rock and Soil Geochemistry 81 rock samples returned greater than 1 g/t Au and 5 samples were greater than 31 g/t Au 68 rock samples returned greater than 1% Cu and 4 were greater than 5% Cu 38 rock samples returned greater than 100 g/t Ag and 6 were greater than 1000 g/t Ag 1057 soils were above 30 ppb Au, 263 were above 100 ppb Au and 45 were above 500 ppb Au 2298 soils were above 100 ppm Cu, 148 were above 500 ppm and 40 were above 1000 ppm Cu Chairman and CEO of Brixton Metals, Gary R. Thompson stated, “The push for more geochemical work at the Thorn Project has been a huge success this year. The 2020 field season, plus this past winter geochem data mining from 150 historical assessment reports of 10,524 soils and 3200 rocks and strategic mineral claim acquisitions, generated 6 new large scale copper-gold targets. The new total number of copper-gold targets at the Thorn Project now stands at 9, significantly increasing the probability of making a major discovery along its 75-80km of favourable geology.” Mr. Thompson continued, “At the end of 2020, Brixton finds itself in the best position, both financially and from a project perspective than it has ever been in. Brixton is expected to finish the year with CAD$9 million in cash, a strong partner in High Power Exploration advancing its Hog Heaven Project, an active drill program at Langis pursuing a maiden resource and nine targets with potential to yield a major discovery at Thorn. Looking ahead to 2021, we plan to continue advancing each of the targets at Thorn with additional geochemical work, new geophysical work and drilling where warranted.” The highest 20 gold-in-rock samples are listed in Table 1 below. The highest gold value from the 1473 rocks samples was collected from the Outlaw West Target which returned 68.8 g/t Au. The target with the greatest number of high-grade gold samples was the Trapper Target which had ten of the Top 20 gold-in-rock samples and rang...