VANCOUVER, BRITISH COLUMBIA, February 9, 2011, Brixton Metals Corporation (TSX-V:BBB) (the “Company” or “Brixton”) is pleased to announce the appointment of Mr. Toby Hughes, P.Geo., as Vice President of Exploration, effective immediately.
Mr. Toby Hughes, P.Geo., is a registered professional geologist with a career spanning over 30 years, working in Canada, China, Mongolia, Ghana, Central & South America.
Mr. Hughes is a Qualified Person as defined in National Instrument 43-101.
His experience spans from grass roots through to advanced stage exploration projects. Previous employers and clients include Goldcorp Inc., Ivanhoe Mines, & Agnico-Eagle Mines. Mr. Hughes has held positions as Vice President of Exploration with Grandview Gold and Senior Geologist positions with several other public companies.
Mr. Hughes has a great deal of gold and copper experience; working on porphyry, mesothermal, epithermal, Carlin-type, IF-hosted and IOCG targets & deposits. He has also worked on, and been associated with, several significant gold deposits including Glimmer, Harker-Holloway, Eagle West, and Meadowbank.
Brixton’s Chairman and CEO Gary Thompson stated, “I’m excited about the appointment of Mr. Hughes as his wealth of experience shall prove to be instrumental in the success of our exploration and development activities.”
In connection with the appointment, 200,000 options (the “Options”), vesting over a two-year period, to purchase common shares of Brixton exercisable at a price of 0.31 per common share until February 4, 2016 were granted to Mr. Hughes. The Options are granted pursuant to the Company’s stock option plan which, was approved by shareholders at the Company’s annual general meeting of shareholders held on March 22, 2010. The Company’s stock option plan and the grant of the Options is subject to the final approval of the TSX Venture Exchange.
About Brixton Metals Corporation
Brixton Metals Corporation is a Vancouver based mineral exploration company engaged in the acquisition and exploration of precious metals assets. Brixton’s management is focused on advancing large-scale deposits to feasibility. Brixton’s portfolio is comprised of two properties: Thorn (BC), and Kahilt (Alaska). The Kahilt District is the name Brixton has given to its lands within the Kahiltna Terrane, a 650 km long section of Alaska that was infused with copper and gold mineralization. The Kahiltna Terrane hosts the giant Pebble gold-copper deposit of Anglo-American and Northern Dynasty, the Whistler gold-copper deposit being developed by Kiska Metals, and Millrock Resources’ Estelle gold property being explored in joint venture with Teck American Incorporated. Brixton Metals trades on the TSX Venture Exchange under ticker symbol BBB. For more information about Brixton please visit our website at www.brixtonmetals.com.
On Behalf of the Board of Directors
Mr. Gary R. Thompson, Chairman and CEO
For more information please contact:
Peter Oates, Investor Relations
Tel: +1 (604) 630-9707
Toll Free: 1 (888) 863-8601
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”, ”shall” “might”, “could”, “should”, or “will” be taken or occur, or other similar expressions. All statements, other than statements of historical fact, included herein including, without limitation; statements about the use of proceeds and exercise of the Company’s option agreements, 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; environmental liability claims and insurance; reliance on key personnel.
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.