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Brixton Metals Provides Preliminary Model of the Langis Silver Project

 

 

Brixton Metals Provides Preliminary Model of the Langis Silver Project

March 2, 2016 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) announces that it has published additional data on the Langis Silver project located in Northeast Ontario through a short video. The video is preliminary and is subject to change as additional data is acquired and compiled.

Please click on link, https://youtu.be/8EvToTSCZTk

Additional historical drill results from the newly acquired Langis Silver project (circa 1990) can be found below.

1

 

True width intervals for these drill results are unknown at this time.

2

 

Source: The Cobalt Museum; Technical Report on the Langis Project by Dale R. Alexander, P.Geo, May 17, 2013; Annual Report, Agnico Eagle Mines 1987, Interim Report; Agnico Eagle Mines Q2-1986; Composite mine level plans, Agnico Eagle Mines Ltd; Langis Silver & Cobalt Mining Co. Ltd; Dolphin Miller Mines Ltd; Langis Mine Site Plan & Section, 1987; Agnico-Eagle Silver Division; The Ministry of Northern Development and Mines.

 

About Brixton Metals Corporation

 

Brixton is an exploration company focused on the advancement of its projects toward feasibility. Brixton wholly owns two Canadian exploration projects, the Langis Silver project and the Thorn gold-silver project.

 

About Langis

 

The Langis silver project, including other lands in the Cobalt Camp is 2,520 hectare in size. The project is located 500 km north of Toronto, Canada. The high-grade silver mineralization occurs as steeply-dipping veins within any of the three main rock types; Archean volcanics, younger Coleman Member sediments and Nipissing diabase. A new zone (circa 1990) intersected by drilling: 19,229.13 g/t Ag over 0.49 metres, 1,550.34 g/t Ag over 9.4 metres and 1,262.80 g/t Ag over 3.96 metres where true widths are unknown at this time. This area will be the focus for follow up exploration work. According to historical Langis reports, the zone was traced to over 1,000 metres along strike and a vertical extent of 260 metres with true thickness being unknown. The Cobalt camp historically has produced over 420 million ounces of silver with some reported assays reaching 255,146 g/t Ag or 9,000 oz/t Ag over 0.36 metres. http://brixtonmetals.com/langis-mine/

 

About Thorn

 

The 28,000 hectare Thorn Project is located in the Sutlahine River area of northwestern British Columbia, Canada, approximately 105 km ENE from Juneau, AK. The Thorn project hosts a district scale Triassic to Cretaceous volcano-plutonic complex with several styles of mineralization related to porphyry and epithermal environments. Targets include sediment hosted gold, high-grade Ag-Au-Pb-Zn bearing diatreme-breccia zones, high-grade Au-Ag-Cu veins and volcanic hosted structurally controlled high grade gold-silver zones where a 2m chip sample returned 57 g/t Au, 89 g/t Ag. Brixton has established a maiden inferred resource of 21.5Moz AgEq from 7.4 Mt at 89.75 g/t AgEq. Further information regarding the Thorn Project, including that relating to resource estimates, can be found on the in the Company’s technical report prepared by SRK Consulting for the Thorn Project dated December 12, 2014 and filed on SEDAR. Read more at http://brixtonmetals.com/thorn-technical-reports/

 

Brixton Metals Corporation shares trade on the TSX-V under the ticker symbol BBB. For more information about Brixton please visit our website at www.brixtonmetals.com.

 

Sorin Posescu, P.Geo., VP Exploration, is a Qualified Person as defined under National Instrument 43-101 and has reviewed and approved this video presentation and information contained in this release.

 

On Behalf of the Board of Directors

Mr. Gary R. Thompson, Chairman and CEO

Tel: 604-630-9707 or email: info@brixtonmetals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, and “intend”, statements that an action or event “may”, “might”, “could”, “should”, or “will” be taken or occur, including statements that address potential quantity and/or grade of minerals, potential size and expansion of a mineralized zone, proposed timing of exploration and development plans, or other similar expressions. All statements, other than statements of historical fact included herein including, without limitation, the anticipated closing of the Private Placement, TSXV approval, and the exploration potential of the Langis property based on historical information, resources estimates on the Thorn Project are forward looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the need for additional financing; operational risks associated with mineral exploration; fluctuations in commodity prices; title matters; and the additional risks identified in the annual information form of the Company or other reports and filings with the TSXV and applicable Canadian securities regulators. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.