Brixton Metals Files Assessment Report and Provides Summary
Published : February 24, 2014
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Brixton Metals Files Assessment Report and Provides Summary

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

For further information:

Mr. Gary R. Thompson, Chairman, President and CEO,
Tel: 604-630-9707

Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Brixton Metals Corporation

CODE : BBB.V
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Brixton Metals is an exploration silver and gold company based in Canada.

Brixton Metals is listed in Canada. Its market capitalisation is CA$ 9.4 millions as of today (US$ 7.1 millions, € 6.5 millions).

Its stock quote reached its highest recent level on December 10, 2010 at CA$ 4.00, and its lowest recent point on December 04, 2015 at CA$ 0.05.

Brixton Metals has 43 790 000 shares outstanding.

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In the News and Medias of Brixton Metals Corporation
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Financings of Brixton Metals Corporation
4/11/2016Brixton Metals Closes $1,023,300 Financing
11/6/2013Announces Private Placement
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9/19/2013Announces $700,000 Private Placement
6/15/2013Announces Private Placement
12/12/2012Announces $1.5 million Financing
4/30/2012Completes $1.0 million Financing
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2/2/2012Announces Flow Through Financing
4/1/2011Completes Flow Through Private Placement
Nominations of Brixton Metals Corporation
2/9/2011Brixton Metals Appoints Mr. Hughes As VP Exploration
Project news of Brixton Metals Corporation
9/6/2013Corporate Update=3A Brand New Website=2C Exploration Video ...
7/19/2013Signs Exploration Agreement with Taku River Tlingit First Na...
11/5/2012expands The Oban Zone=2C cutting one of the widest high grad...
10/3/2012Brixton commences second phase of Thorn drilling
7/20/2012Brixton completes 2012 Phase I drilling at Thorn
7/18/2012COMPLETES PHASE ONE=2C 2012 DRILLING AT THE THORN PROJECT
6/1/2012Provides Exploration Plan and Corporate Update
3/20/2012Summarizing 2011 drill results and plans for 2012.
1/5/2012Brixton Metals Intersects 95m of 904 g/t AgEq Including 9.25...
1/5/2012Intersects 95m of 904 g=2Ft AgEq Including 9.25m of 3=2C646...
8/19/2011Commences Exploration in Alaska
6/6/2011Announces Drilling Underway At Thorn, B.C. While Alaskan Dis...
Corporate news of Brixton Metals Corporation
7/27/2016Brixton Metals Provides Corporate and Project Update
6/30/2016Brixton Metals Completes $2.3 Million Financing
5/25/2016Brixton Metals Adds Lands At Its LANGIS SILVER Project and P...
5/11/2016Brixton Metals Announces Financing of $2M
5/11/2016Brixton Metals and Timiskaming First Nation Sign Exploration...
4/28/2016Brixton Metals Acquires The Past Producer Hudson Bay Silver ...
4/19/2016Brixton Metals Closes Final Tranche for Aggregate Proceeds o...
4/8/2016Brixton Metals Closes $1,023,300 Financing
4/8/2016Acquisition of Units of Brixton Metals Corporation
3/2/2016Brixton Metals Provides Preliminary Model of the Langis Silv...
2/2/2016Brixton Metals Closes Its Acquisition of the Past Producer L...
11/30/2015Brixton Metals to Acquire the Past-Producing Langis Silver M...
4/7/2015Announces Grant of Stock Options
4/7/2015Brixton Metals Announces Grant of Stock Options
12/16/2014Brixton Metals Files NI 43-101 Technical Report
12/15/2014Brixton Metals Files NI 43-101 Technical Report
10/30/2014Brixton Metals Establishes An Inferred Resource of 21.5 mill...
10/29/2014Brixton Metals Establishes an Inferred Resource of 21.5 Mill...
7/29/2014Brixton Metals Discovers Sediment Hosted Gold Zone at its Th...
7/7/2014Brixton Metals Appoints Mr. Ian Ball to the Board of Directo...
2/24/2014Files Assessment Report and Provides Summary
10/17/2013Commences Exploration At Its Thorn Project
10/10/2013Secures Strategic Investment from Rob McEwen and Hecla Minin...
8/28/2013Expands the OBAN Zone and Drills up to 1=2C275 g=2Ft Silver ...
8/8/2013Samples 13.5 g/t Au and 207 g/t Ag from Soils and Provides U...
6/26/2013Receives Additional Strategic Investment from Hecla Mining
2/21/2013Announces $2.6 Million Strategic Investment From Hecla Minin...
2/1/2013Enters into Definitive Purchase and Sale Agreement
1/8/2013to Acquire 100% Interest in Thorn Property
12/12/2012Chairman & CEO=2C Gary Thompson=2C spreading the word about ...
10/2/2012Commences Phase Two, 2012 Drill Program At Thorn
9/26/2012Completes $1.4 Million Financing
9/4/2012Drills 83.9m of 296.50 g=2Ft AgEq including 12.9m of 769.42 ...
2/22/2012Receives its Independent Report on The Thorn Property Confi...
1/24/2012Enters Investor Relations Agreement with Brisco Capital Part...
1/11/2012in the news=3A ''Brixton CEO Gary Thompson on BC assays of ...
11/28/2011Drills 75 m of 1.12 g=2Ft AuEq at the Oban Breccia Zone and ...
10/25/2011Drills 49.78 m of 2.26 g=2Ft AuEq at Talisker
9/9/2011Provides an Exploration Update
8/17/2011Doubles Talisker Zone Strike and Drills 34.8 m of 1.33g/t Au...
8/11/2011Completes Public Offering for $2.7M
7/30/2011Files Final Short Form Prospectus
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6/28/2011Files Preliminary Short Form Prospectus
5/10/2011ENGAGES CHF INVESTOR RELATIONS
3/22/2011is in the media spotlight again.
3/18/2011Is Updating Its Records
3/4/2011hits the media
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