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Brixton Metals Corp (BBBXF) is a mineral exploration company focused on the discovery and development of high-grade precious and base metals projects in Canada and the USA. With a strong portfolio of exploration projects, including the Thorn Project, Atlin Goldfields Project, and Hog Heaven Project, the company is committed to creating long-term value for shareholders through the advancement of its properties. Brixton Metals Corp is known for its strategic partnerships, innovative exploration techniques, and dedication to sustainable mining practices.
Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) has announced its 2023 exploration plans for the Thorn Project, focusing on copper, gold, silver, and molybdenum. A fully funded drill campaign aims to complete up to 20,000 meters, targeting the Camp Creek and Trapper sites. The exploration will also include collecting 2,000 soil and 1,000 rock samples, alongside geophysical surveys. The company anticipates commencing drilling in early to mid-May, targeting potential high-grade zones. Previous drill results at Camp Creek have shown extensive mineralization, with highlights including 554.7m of 0.57 g/t Au and 0.24% Cu. At the Trapper Target, drilling seeks to expand mineralization with results indicating significant gold potential. The project is viewed as a critical source for future mineral demand, emphasizing the importance of public investment in mining.
Brixton Metals Corporation (OTCQB: BBBXF) has received a third payment of USD$500,000 for its Hog Heaven Project, operated under a joint venture with Ivanhoe Electric Inc. Ivanhoe can earn up to a 75% interest through USD$44.5 million in project spending. The Hog Heaven Project, an advanced-stage copper-silver-gold site in Montana, shows promise with ongoing geological evaluations and drill target identification. Upcoming exploration drills are anticipated this summer. The company has also granted 3,202,500 stock options at $0.20 per share. The project has historical production of significant mineral resources, enhancing its future potential.
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