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Brixton Metals Corporation (TSXV:BBB) Feature Company

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Brixton wholly owns four exploration projects, the Thorn gold-silver and the Atlin gold projects located in northwest British Columbia, the Langis-Hudson Bay silver-cobalt project in Ontario and the Hog Heaven silver-gold-copper project in NW Montana, USA.

Additional Information:

Company: Brixton Metals Corporation
Website: http://www.brixtonmetals.com
Stock Symbol: TSXV: BBB
Date Published: Nov 1, 2018
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

Today’s feature company is Brixton Metals Corporation, a Canadian exploration and development company focused on the advancement of its mineral projects toward feasibility.

Brixton wholly owns four exploration projects, the Thorn gold-silver and the Atlin gold projects located in northwest British Columbia, the Langis-Hudson Bay silver-cobalt project in Ontario and the Hog Heaven silver-gold-copper project in NW Montana, USA.

The Atlin Gold Project, located in northwest British Columbia, consists of 979 square kilometers, has good infrastructure, including road access, and is only a 10 minute drive from Atlin.

The Atlin gold camp is the second largest gold producer in British Columbia on record with reported placer gold production of over 600,000 ounces gold between 1898 and 1946 from creeks in the area.

It also holds the provincial record for the largest gold nugget, weighing 2.6 kilograms or 85 ounces.

Drilling at the Yellowjacket zone returned up to 5.6 meters of 510 grams per tonne gold.

A NI 43-101 non-compliant estimate based on a high-grade, small historic resource at the Yellowjacket Mine, reported 453,500 tonnes at 10.26 grams per tonne gold.

The company’s 997 square kilometres Thorn Project is located in the Sutlahine River area of northwestern British Columbia in the northern tip of the “Golden Triangle”.

A 2014 NI 43-101 Technical Report, available on the company’s website, shows 21.5 million ounces of silver equivalent in the inferred category.

The company’s Hog Heaven Project, located in Flathead County in the northwest portion of state of Montana, is a silver-gold-copper-lead-zinc epithermal vein-breccia deposit with historical high-grade silver production.

This project has had significant work over the years, including historic drilling, which totalled 57.5 thousand meters from 722 drill holes as rotary, reverse circulation and diamond drill core.

Interestingly, while most of the holes were assayed for both silver and gold, 68 percent of the intervals were not assayed for copper and 34 percent of the intervals were not assayed for zinc and lead.

A Feasibility Study was completed in 1988 by American Mining Services

A detailed presentation of this project is available on the company’s website.

Gary R. Thompson, Chairman and CEO, stated: “The Hog Heaven project, which hasn’t seen any work since the mid-90s, is now drill ready. The project represents a high quality high-grade asset that we rarely see available in the market these days. The initial drill programs should focus on infill and confirmation drilling to support a NI-43-101 resource estimate and to confirm the presence of new mineralization on the property.”

The company’s Langis and Hudson Bay past producing mines are located 500 kilometers north of Toronto, Ontario.

The Langis mine produced 10.4 million ounces of silver at 25 ounces per ton silver and 358,000 pounds of cobalt and the Hudson Bay mine produced 6.4 million ounces of silver at 123 ounces per ton silver and 186,000 pounds of cobalt.

The company recently announced drill results including one meter of 3,290 grams per tonne silver, 0.29% nickel and 0.14% cobalt within 2 meters of 1,667 grams per tonne silver, 0.15% nickel and 0.07% cobalt from 22 meters depth from hole HB18-31.

Gary R. Thompson, Chairman and CEO, stated: “Brixton continues to encounter very high grade silver and cobalt mineralization around the historic workings at the Hudson Bay mine and have defined a number veins. These high grade results are at shallow depths as stated in the table below ranging from 22 meters to 80 meters drill depth. We believe that this area warrants further drilling to expand on these trends. Given the current copper and cobalt prices, the 1.96% cobalt equates to 19.6% copper, which is significant. The long term demand for cobalt remains strong.”

The Company is actively seeking JV partners to advance one or more of its projects.

The shares are trading at $0.17.

For more information, please visit the company’s website, www.brixtonmetals.com, contact Gary R. Thompson, Chairman and CEO, at 604-630-9707 or email info@brixtonmetals.com.

For Investor Relations, contact Mitchell Smith at 604-630-9707 or email Mitchell.smith@brixtonmetals.com.

I’m Samantha Deutscher for Investmentpitch Media