Brixton Metals Corporation (TSXV: BBB | OTCQB: BBBXF) has released a summary of its 2021 corporate and exploration activities and outlined its intended 2022 exploration plans, predominantly involving the advancement of the district-scale Thorn Copper-Gold-Silver-Molybdenum Project. The Thorn Project is located 90km ENE from Juneau, Alaska, within the traditional territory of the Tahltan and Taku River Tlingit First Nations.
Corporate highlights from 2021 include raising $12.2M, with strategic investor Crescat Capital taking part in the raise. The new cash means that Brixton is now fully funded for its 2022 exploration at the Thorn Project.
Also in 2021, Ivanhoe Electric Inc. consolidated shares-warrants held by Robert Friedland and HPX’s USD$44.5M 11-year earn-in agreement on Brixton’s Hog Heaven Copper-Gold-Silver Project.
Thorn Project Major Milestones in 2021
In 2021 the company confirmed the new discovery of a Cu-Au-Ag-Mo porphyry at its Camp Creek Target. The discovery included hole THN21-184 which yielded 821.25m of 0.40% CuEq, including 318m of 0.69% CuEq, including 14m of 1.04% CuEq. Brixton Metals believe the target remains open at depth.
Brixton Metals also completed 5770.12m of exploration drilling, including 2662.78m at Camp Creek, and 3107.34m at its Trapper target. Hole THN21-186 at Trapper yielded 139.00m of 2.14 g/t Au, which included the two highest grade intercepts to date of 0.46m of 276.0 g/t Au and 0.50m of 160 g/t Au, within a broader 11.5m zone grading19.26 g/t Au. . The target remains open along strike and at depth.
According to the news release, 417 rock samples and 607 soil samples were also collected, which identified several new areas of interest for copper and gold mineralization and extended the gold geochemical footprint of the Trapper anomaly to 4km in length.
In addition to activity with the drill bit, the company also completed 1072 line kilometres of Magnetic and Mobile MT geophysical surveys, structural mapping, geochronology, and geochemistry supporting the emerging Triassic-Eocene porphyry Cu-Au-Ag-Mo belt with multiple porphyry centres.
2022 Approach for Brixton Metals
Over the coming year the company plans to drill up to 20,000m, with a primary focus on the Camp Creek Cu-Au-Ag-Mo Porphyry Target and the Trapper Gold Target. Secondary drilling targets include the Outlaw Gold-Silver Target and potentially the Metla Copper-Gold Porphyry Target. The company intends to conduct geophysical surveys over the Metla and Trapper Target areas and collect 3000 to 5000 soil-rock samples to allow for geochemical modelling of new targets.
Brixton Metals will also continue to collaborate with the Mineral Deposit Research Unit, to improve its porphyry fertility understanding and porphyry vectoring techniques. Chairman and CEO of Brixton Metals, Gary Thompson, Stated, “We are very excited about the new discoveries that were made at the Thorn Project in 2021. This season is shaping up to be transformative for Brixton as we continue to demonstrate the potential of this emerging copper-gold porphyry belt within the 2600Km, wholly owned Thorn Project. We plan to be drilling multiple large-scale targets with a minimum of 2 drills turning all season.”
For further information, please visit: https://brixtonmetals.com/
