Deepest mineralization intervals intersected to date
Canadian gold and copper explorer Brixton Metals (WKN A114WV / TSXV BBB) has just announced the crowning achievement of the drill program at the Trapper gold target. Among other significant intercepts, the drills hit 20 meters with 2.34 g/t gold!
In total, Brixton has completed 2,745.60 meters of diamond core drilling at Trapper this year, spread over eleven drill holes. The last two holes drilled in the target area (685 meters), which is part of the company’s vast Thorn property in British Columbia, yielded:
– 48.50 meters of 1.16 g/t gold from 73 meters depth, including
20.00 meters of 2.34 g/t gold and
3.00 meters of 5.67 g/t gold in hole THN24-311 and
– 42 meters of 0.61 g/t gold of which
9.00 meters of 1.16 g/t gold in hole THN24-310
High potential and several new targets
As Christina Anstey, Brixton’s Exploration Manager, explains, the 2024 Trapper drill program has once again demonstrated the strong mineralization potential of this gold target. In addition, the Trapper target remains open in numerous directions and Brixton has already identified several promising areas for expansion of the known mineralization using geochemical, geophysical and structural data. According to Ms. Anstey, the next drilling will follow in 2025.
This is one of the reasons why the company recently announced a fully subscribed CAD 6 million financing.
Brixton’s main objective with this year’s-oriented core drilling, surface mapping, geochemical as well as geophysical surveys was to increase the predictability of the gold bearing zones, which we believe has been impressively achieved given the published results.
In addition, successful extension drilling was carried out north of the main mineralized zone. By stepping out to the North, the company investigated zones of mineralization lying under cover layers that were discovered during the 2023 drilling program.
Current drilling at the Trapper target area was conducted approximately 7 kilometers southeast of the Camp Creek copper porphyry target area. At surface, Trapper presents as a 4 kilometers northwest trending gold-zinc soil geochemical anomaly that is part of the larger 11 kilometers long gold geochemical anomaly that trends from Camp Creek to the Trapper target area.
Future drilling will now focus on identifying new zones of gold-bearing mineralization under cover within the outline of this larger gold geochemical anomaly. We are excited to see what 2025 will bring after this year’s successful drill program and are keeping our fingers crossed that Brixton continues hitting these or similar targets in next year’s exploration season.
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Pursuant to Section 34b of the German Securities Trading Act (WpHG) and pursuant to Section 48f (5) of the Austrian Stock Exchange Act (BörseG), we would like to point out that clients, partners, authors and employees of GOLDINVEST Consulting GmbH hold or may hold shares in Brixton Metals and that there is thus a potential conflict of interest. Furthermore, we cannot rule out the possibility that other market letters, media or research firms may discuss the stocks we recommend during the same period. Therefore, a symmetrical generation of information and opinions may occur during this period. Furthermore, there is a consulting or other service agreement between Brixton Metals and GOLDINVEST Consulting GmbH, which may result in a conflict of interest.
