Brixton Metals Announces Drilling Underway On Thorn Project, B.C. While Alaskan District Heats Up Near Kahilt Project
Vancouver, British Columbia, June 6, 2011 � Brixton Metals Corporation (�Brixton� or the �Company�) (TSX-V: BBB) today announced that an exploration crew is mobilizing by helicopter to northern British Columbia�s Thorn project camp site where construction has been completed, starting today. The drill rig will be moved to the site on June 13th and drilling is anticipated to commence on June 15th.
As previously announced on April 6, 2011, Brixton has a minimum of $1.3 million budgeted for the phase one drill program for approximately 3,000 metres of drilling to focus on the Talisker corridor which includes the Feeder, Unconformity targets and the camp creek corridor which includes the Oban and F zones. Some of the drilling is designed to test continuity and strike potential of previously drilled zones and attractive geological concepts not previously tested on the property, most notably the Unconformity and Feeder zones targets.
The 19,000-hectare Thorn Property is located 50 km northwest at the end of the Golden Bear Mine road in the Sutlahine River area of North Western British Columbia. Thorn shares many similarities with other world-class high sulphidation metal deposits such as La Bodega in Colombia, Lepanto in the Philippines and El Indio in Chile. Highest grades to date found at the Thorn property have assayed up to 265 g/t gold, 6,149 g/t silver and 32% copper.
Meanwhile in Alaska, things are heating up near its Kahlit District property and Brixton�s CEO has noted it�s not the weather! "The recent news out of Kiska Metals and Millrock Resources with Teck Resources, both rise to support our story that the Kahiltna Terrane has the potential to become a district-scale play in Alaska. Teck has pushed forward on the Estelle gold project and exercised its warrants in Millrock, and Kiska are pulling out some exciting holes that highlight even more large porphyry-style gold-copper targets," explained Gary Thompson, Brixton Metals� Chairman and CEO.
About Brixton Metals Corporation
Brixton is a Vancouver based mineral exploration company engaged in the acquisition and exploration of precious metals assets. Brixton's management is focused on advancing large-scale deposits to feasibility. Brixton's portfolio is comprised of two properties: Thorn (BC), and Kahilt (Alaska). The Kahilt District is the name Brixton has given to its lands within the Kahiltna Terrane, a 650 km long section of Alaska that was infused with copper and gold mineralization. The Kahiltna Terrane hosts the giant Pebble gold-copper deposit of Anglo-American and Northern Dynasty, the Whistler gold-copper deposit being developed by Kiska Metals, and Millrock Resources' Estelle gold property being explored in joint venture with Teck American Incorporated. Brixton Metals trades on the TSX Venture Exchange under ticker symbol BBB.
On behalf of the Board of Directors
�Gary R. Thompson�
For more information about Brixton please visit our website at www.brixtonmetals.com. To receive Company news via email contact IR@brixtonmetals.com and mention �Brixton news� in the subject line.
FOR FURTHER INFORMATION PLEASE CONTACT:
Brixton Metals Corporation
Peter Oates
Investor Relations Manager
(604) 630-9707
peter.oates@brixtonmetals.com
This news alert does not constitute a solicitation to buy or sell securities. Some statements in this news release contain forward-looking information, including without limitation statements as to planned expenditures and exploration programs. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs.
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