- Brixton Metals (BBB) has released a statement with highlights from 2021 and exploration plans for 2022
- In 2021, Brixton raised $12.2 million, and is now fully-funded for its 2022 exploration at the Thorn Project
- In total, Brixton completed over 5,770 metres of drilling at the Thorn Project
- In 2022, Brixton plans to drill up to 20,000 metres at the Camp Creek and Trapper targets
- The company will also collect up to 5,000 soil and rock samples and conduct geochemical modelling on new targets
- Brixton is a Canadian exploration and development company focused on advancing its mining projects toward feasibility
- Shares in Brixton Metals Corporation (BBB) are steady, trading at $0.185 per share
Brixton Metals (BBB) has released a statement with highlights from 2021 and exploration plans for 2022.
In 2021, Brixton raised $12.2 million, including a strategic investment from Crescat Capital, and is now fully funded for its 2022 exploration at the Thorn Project.
The company discovered a new copper-gold-silver-molybdenum porphyry at the project on the Camp Creek target. Drilling in the area intersected 0.40 per cent copper equivalent over 821.25 metres, and the target remains open at depth.
In total, Brixton completed over 5,770 metres of drilling at the Thorn Project, consisting of 2,662 metres at Camp Creek and 3,107 metres at the Trapper target.
In addition to drilling, the company collected and analyzed 417 rock samples and 607 soil samples and completed over 1,000 line kilometres of geophysical surveys.
By the end of 2021, Brixton had expanded and upgraded the Thorn camp’s capacity to host more than 50 people.
In 2022, Brixton plans to drill up to 20,000 metres at the Camp Creek and Trapper targets. Secondary targets include the Outlaw gold-silver target and potential drilling at the Metla copper-gold porphyry target.
The company also plans to collect 3,000 to 5,000 soil and rock samples and conduct geochemical modelling on new targets, continuing its collaboration with UBC’s Mineral Deposit Research Unit (MDRU).
“This season is shaping up to be transformative for Brixton,” said CEO Gary R. Thompson, “as we continue to demonstrate the potential of this emerging copper-gold porphyry belt within the 2600 square kilometer, wholly owned Thorn Project.”
“We plan to be drilling multiple large-scale targets with a minimum of 2 drills turning all season,” he added.
Brixton is a Canadian exploration and development company focused on advancing its mining projects toward feasibility.
Shares in Brixton Metals Corporation (BBB) are steady, trading at $0.185 per share as of 10:33 am EST.