Brixton Metals Corporation

Published : September 09th, 2011

Provides an Exploration Update

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Keywords :   Copper | Iron |

Brixton Metals Provides An Exploration Update And Issues Incentive Stock Options

Brixton Metals Corporation (TSX-V: BBB) (the �Company� or �Brixton�) announces an update on the current exploration programs for both its Thorn Property in North Western B.C. and its Kahilt Property in Alaska.

Of the 2011 25-hole drill program at its Thorn gold-silver-copper project located in Northwest British Columbia, a total of 12 holes for 3,525 meters have now been completed with mineralization observed in every hole. Drill holes THN-44, 45, 46, and 47 are pending final assays and QAQC which should be available by the second week of September. Prospecting on the northern portion of the property has identified two new targets. The first target displays classic quartz flooded epithermal textures hosted in altered volcanic rocks. This area returned up to 383 ppb of gold from previous soil sampling and up to 1.4 g/t of gold from a rock-float   sample. Additional prospecting, soil sampling and mapping are planned to identify drill targets. The second new zone, which is within a large gossanous bowl further north, was identified as a series of quartz veins 5 to 30 meters wide and undetermined length with disseminated and fractured filled sulphides. Assays are pending.

Exploration in the Kahilt region of Alaska was completed September 1, 2011.  The program consisted of mainly rock samples and to a lesser extent soil and stream sediment geochemical sampling for a total of 201 samples. Work was conducted on both the Cristo and A-B claim blocks. Focus was on the Monte Cristo gold target within the Cristo claim block. The Monte Cristo showing consists of several outcrops of well exposed, intensely fractured, sheared and iron-carbonate altered volcanic and intrusive rocks. Continuous composite rock and talus fines were collected from the base of the outcrop for several hundred meters at two locations.  Mineralization consists of fracture-filled and disseminated pyrite, pyrrhotite and lesser arsenopyrite ranging from 1% to 3% and locally up to 10%. Assays are pending. Previous reconnaissance rock sampling returned up to 4.2 g/t gold from rock grab samples in the Monte Cristo target area. Monte Cristo appears to be a structurally controlled and intrusion related gold system.

Brixton also announces that it has granted an aggregate of 1,400,000 incentive options (the �Options�), vesting over a one-year period, to purchase common shares of Brixton exercisable at a price of $0.11 per common share until ten years from the date of grant to directors, officers, employees and consultants of the Company.

The Options are granted pursuant to the Company�s stock option plan, which was approved by shareholders at the Company�s annual general meeting of shareholders held on May 27, 2011. The Company�s stock option plan and the grant of the Options is subject to the final approval by the TSX Venture Exchange.
 

About Brixton Metals
 
Brixton is a Vancouver based mineral exploration company engaged in the acquisition and exploration of precious metal assets. Brixton's management is focused on advancing large-scale metal deposits to feasibility. Brixton holds two properties: Thorn (BC), and Kahilt (Alaska). The Thorn property is a high-grade gold-silver-copper project located 50 kilometers from the past producing Golden Bear Mine in Northwest BC. The Kahilt Project is a gold-copper porphyry target located in the Kahiltna Terrane of Alaska. The Kahiltna Terrane hosts the giant Pebble gold-copper deposit of Anglo-American and Northern Dynasty. Brixton�s Kahilt Project is adjacent to the Whistler gold-copper deposit being developed by Kiska Metals, and the Estelle gold property being explored in joint venture by Millrock Resources with Teck American Incorporated. Brixton Metals trades on the TSX-V under ticker symbol BBB. For more information about Brixton please visit our website at
www.brixtonmetals.com.

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           

Jeanny So
Director of Operations
CHF Investor Relations
(416) 868 1079
jeanny@chfir.com

Brixton Metals Corporation

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

Brixton Metals is listed in Canada. Its market capitalisation is CA$ 5.0 millions as of today (US$ 3.7 millions, € 3.4 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
6/21/2018Brixton Metals spins out cobalt assets
Financings of Brixton Metals Corporation
4/11/2016Brixton Metals Closes $1,023,300 Financing
11/6/2013Announces Private Placement
9/20/2013Announces $700 000 Private Placement
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
4/11/2012Announces $1.0 million Financing
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
7/12/2011Clarifies Technical Disclosure Related to its Cristo Propert...
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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