{kanada_flagge}After the world’s largest mining group BHP acquired a 19.9% stake in copper and gold explorer Brixton Metals (WKN A114WV / TSXV BBB) early last month, the company’s focus is on exploring and developing the giant Thorn project. But this does not mean that Brixton has only one arrow in its quiver. There is also the Langis silver, cobalt and nickel project, from which the company has now been able to report very good cobalt grades.
{kanada_flagge}After the world’s largest mining group BHP acquired a 19.9% stake in copper and gold explorer Brixton Metals (WKN A114WV / TSXV BBB) early last month, the company’s focus is on exploring and developing the giant Thorn project. But this does not mean that Brixton has only one arrow in its quiver. There is also the Langis silver, cobalt and nickel project, from which the company has now been able to report very good cobalt grades.
Brixton has just presented the first results from the drill program that was carried out this year on the property, which is located about 500 kilometers north of Toronto in the so-called Cobalt Camp. The objective of the drilling at Langis is to test the cobalt and nickel occurrences at Langis. Drilling commenced at Brixton in early November and is expected to be completed by approximately December 20.
The highlights of the initial drill results are from LM-22-254, which Brixton says is the best hole drilled on the Langis project to date. It was drilled approximately 30 meters north of a previously released hole that returned 0.98 meters of 3.55% cobalt. With hole LM-22-254, on the other hand, Brixton assayed 30.50 meters at 0.35% cobalt, including 10.02 meters at 0.92% cobalt, 3.50 meters at 1.89% cobalt and 0.50 meters at 9.01% cobalt, 72.50 g/t silver and 2.58% nickel! It should be noted that cobalt grades as low as 0.1% can be economically minable and 0.2% cobalt can be considered average, while 0.3% cobalt and above are very good grades.
Brixton’s Vice President Exploration Christina Anstey is enthusiastic about the results presented today, as the first drill hole in 2022 has again proven high-grade cobalt mineralization at Langis. Chairman and CEO Gary Thompson is also pleased with the progress on the property. He emphasizes the merits of the project, which offers great potential for silver, cobalt and nickel and, in his view, warrants further drilling. Langis also has excellent infrastructure and is close to Electra Battery Materials, which is building the first battery materials park in North America. The Brixton CEO also says he is open to collaborations to leverage Langis’ potential.
Conclusion: As mentioned at the beginning, Brixton’s focus, especially after the deal with BHP, is on Thorn, where there are more than enough promising targets to explore, too, – not to mention the partly spectacular hits already landed. Nevertheless, it is good to see that Brixton also has other promising irons in the fire. Should the next drill results of the drill program also yield high-grade cobalt, silver and/or nickel, we are sure that CEO Gary Thompson will soon find the desired partner for the Langis project.
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