VANCOUVER,
Feb. 24, 2014 /CNW/ - Brixton Metals
Corporation (TSXV: BBB) (the "Company" or "Brixton")
has filed its technical assessment report titled, "2013 Geological,
Geochemical and Diamond Drilling Report on the Thorn Property",
with the British Columbia Ministry of Energy and Mines.
For the full report click:
http://brixtonmetals.com/cn/wp-content/uploads/2013/08/Thorn2013_Assessment-final.pdf
Highlights from 2013 (previously disclosed by
the company in various news releases)
- Brixton Metals acquired 100 percent of the Thorn project from
Kiska Metals.
- Hecla Mining Company and Rob
McEwen became major shareholders of Brixton.
- An exploration agreement with the Taku River Tlingit First
Nations was signed.
- Drilling costs on a per metre basis were reduced.
A total of 6,078 metres in 35 holes were drilled, a structural
mapping program was conducted and 1,386 soils, 13 rocks and 14 SG
samples were collected and analyzed for exploration expenditures of
$2.05 million dollars.
- Drilling in 2013 expanded the Oban zone mineralization to
approximately 210 metres in a North-South direction by 150 metres
in an East-West direction to nearly 400 metres in depth. Hole 119
intersected 93.48 metres of 94.45 g/t AgEq from 205.00 metres and
ended in mineralization at 383.13 metres depth grading 120.70 g/t
AgEq. In 2012, hole 84 intersected 123.00 metres of 402.52
g/t AgEq within 310 metres of 223.51 AgEq. The Oban zone remains
open at depth and several directions. To view 3D models of the Oban
zone click: http://brixtonmetals.com/thorn-3-d-model/
- At the Glenfiddich Cu-Ag-Au zone, hole 121 returned 2.21 metres
of 1,914 g/t AgEq (583.05 g/t Ag, 10.62% Cu and 2.55 g/t Au) from
74.40 metres depth. An upper zone intersected 16.00 metres of
173.70 g/t AgEq from 25.00 metres depth including 3.50 metres of
441.29 g/t AgEq. To view images of the core click:
http://brixtonmetals.com/hole-thn13-121/
- The Outlaw gold geochemical anomaly was expanded to about 2.5
km long in an East-West direction by approximately 0.9 km wide
including a high of 2,390 ppb Au. To view gold in soil geochemistry
map click:
http://brixtonmetals.com/outlaw-soil-sample-results-2013/
Key recommendations for 2014
- Additional drilling at the Oban zone for possible
mineralization expansion towards building a maiden National
Instrument 43-101 resource estimate.
- Additional drilling on strike and at depth of the high grade
Ag-Cu-Au veins at the Glenfiddich and Talisker zones.
- Drill testing the multi kilometer Au geochemical and Magnetic
anomalies at the Outlaw zone.
- Drill testing for Oban like diatreme-breccia at the Macallan
zone.
- A broadly spaced soil sampling program in the following
priority areas: Outlaw Au; Cirque Cu-Mo; West La Jaune Au-Cu-Ag and
Amarillo Au-Ag.
- Deep penetrating geophysical surveys over two areas covering
Glenfiddich/Talisker/Oban and Outlaw/Cirque.
- Additional compilation, inversion and 3D model integration of
previous geophysical survey data (IP, EM, MAG,
VTEM).
Exploration is anticipated to commence in
June 2014, and subject to budget may
include select portions of the above recommendations.
Mr. Sorin
Posescu, P.Geo., VP Geology, is a Qualified Person as
defined under National Instrument 43-101 standards and has reviewed
and approved the technical information in this news release.
About Brixton Metals Corporation and its
Thorn Project
Brixton is an exploration company focused on the
advancement of high-grade precious metal assets to feasibility.
Brixton's 100 percent owned Thorn project represents a potential
district scale play which hosts several styles of mineralization
related to porphyry and epithermal environments. Targets include
high-grade silver-gold-lead-zinc-bearing diatreme-breccia zones and
high-grade gold-silver-copper veins, porphyry copper-gold and
intrusion related gold systems. The Thorn project covers a Triassic
to Cretaceous volcanoplutonic complex that shares similarities with
other high sulphidation deposits around the world such as
Lepanto-FSE, Penasquito and El Indio. The 27,000-hectare Thorn
Project is located in the Sutlahine River area of Northwestern British Columbia, Canada,
approximately 105 km East-Northeast from Juneau, AK.
Brixton Metals Corporation shares trade on the
TSX-V under the ticker symbol BBB. 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, President and CEO,
Tel: 604-630-9707
SOURCE Brixton Metals Corporation