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March 22, 2023


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Brixton Metals (BBB.V) releases first drill hole results from Camp Creek

Brixton Metals (BBB.V) releases first drill hole results from Camp Creek

Brixton Metals (BBB.V), a Canadian mineral explorer with a diverse portfolio of gold, copper, silver and cobalt properties in both the US and Canada, announced today that it had received the first drill hole results from the Camp Creek copper-gold-silver-molybdenum target at its wholly owned Thorn Project.

Thorn is located in northwestern British Columbia, Canada, at the northern tip of the Golden Triangle, approximately 90 kilometres northwest of Juneau, Alaska.

The project covers 2,863 square kilometres and has been the subject of mineral exploration since 1959 when Kennco carried out work as part of a regional exploration program.

Camp Creek target has been the main focus of Brixton’s drilling activity since the company acquired the property in 2009.

It wasn’t until 2019 that Brixton intersected Camp Creeks veining system and all drilling at the location since has been to determine the extents of the system at depth and to the northwest.

The most recent drill results at hole THN22-201 returned 967.71 metres of 0.40% CuEq including 40.0 metres of 1.02% CuEq.

The copper dominant porphyry mineralization remains wide open including at depth.

Gary Thompson, chairman and CEO, commented, “We are encouraged by these results which supports our belief that the Camp Creek Target is a large Cu-Au-Ag-Mo porphyry system with a 1km by 2km area which remains largely untested. The XRF data that we are collecting on the core and soils has been an invaluable tool as a real time proxy for copper grades for drill hole planning and new porphyry target generation.”

Hole THN22-201 was slated to go to a depth of 1500 metres, but due to poor ground conditions it was terminated at 1302.71 metres.

Assays are still pending for holes THN22-200 and THN22-202. Hole 200 did not return any significant results and was drilled to a depth of 630 metres.

The mandate for further drilling in the area will be to test for the high-grade core of the Camp Creek Porphyry.

In recent news, Brixton announced it had received its first payment from Pacific Bay Minerals regarding the earn-in agreement at its Atlin Goldfields project.

Before that, the company announced results from drilling at its Trapper Target at the Thorn project which intersected 64 metres of 5.74 g/t gold including 28.95 metres of 10.36 g/t gold.

Here is one of our Three Minute Hits Videos which centres on Brixton Metals and its potential for investors:

Equity Guru’s own Jody Vance also spoke with Gary Thompson in an April episode of First Glance with Jody Vance to get a better look at the company’s value proposition and its future prospects.

Brixton Metals currently trades at $0.14 per share for a market cap of $36.04 million.

Brixton Metals Stock Chart YTD 08-16-22

–Gaalen Engen

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