- Brixton Metals (BBB) has posted its second batch of assays from the Langis Mine Project in Ontario
- The assays cover around 1600 metres of drilling across 14 holes targeting the Shaft 3 trend
- Notable hits include 370 grams per tonne of silver from 18 metres including one metre of 1080 grams per tonne of silver
- Similar grades of silver, as well as notable grades of cobalt and copper, were also intersected in two other holes
- Brixton Metals is currently down 8.93 per cent and is trading at C$0.26 per share
Brixton Metals (BBB) has posted its second batch of assays from the Langis Mine Project in Ontario.
The assays cover around 1600 metres of drilling across 14 holes targeting the Shaft 3 trend.
Notable hits include 370 grams per tonne of silver from 18 metres including one metre of 1080 grams per tonne of silver.
In the same hole the around 113 metres down the company hit one metre at seven per cent copper and 27.6 grams per tonne of silver and 0.03 per cent cobalt.
Similar grades of silver were also intersected in two other holes during the recent exploration effort. Nevertheless, these latest results do not appear to have met the expectation of BBB shareholders.
Upon the release of the results Brixton’s share price began dropping, leaving the company around 15 per cent down on its price at the start of the week.
Despite the drop, Chairman and CEO of Brixton, Gary Thompson appeared confident about the latest results.
“We continue to be pleased with the results from our on-going 20,000m drill program at Langis. Drilling continues to generate high-grade near-surface results that support the potential maiden resource,” he said.
The Langis mine project is part of the company’s Langis-HudBay silver-cobalt project, one of the company’s four wholly owned projects its currently advancing.
The others include the Thorn copper-gold-silver Project and the Atlin Goldfields Projects located in northwest B.C., as well as the Hog Heaven silver-gold-copper Project in the U.S. state of Montana.
Brixton Metals is currently down 8.93 per cent and is trading at C$0.26 per share at 12:41pm EST.