Brixton Metals Company Profile

BRIXTON METALS

BRIXTON IS FOCUSED ON THE DISCOVERY, EXPLORATION AND DEVELOPMENT OF HIGH-GRADE SILVER AND GOLD DEPOSITS WITHIN THE AMERICA’S TO FEASIBILITY
Company Exposure

Cobalt, Silver, Gold

Company Listing

Brixton Metals

Stock Code

TSX-V:BBB

Company Overview



Brixton is a Canadian exploration and development company focused on the discovery, exploration and development of cobalt and high-grade silver and gold deposits within the America’s to feasibility. Brixton wholly owns four exploration projects, the Thorn gold-silver and the Atlin gold projects located in NWBC, the Langis-Hudson Bay silver-cobalt project in Ontario and the Hog Heaven silver-gold-copper project in NW Montana, USA.
The Company is actively seeking JV partners to advance one or more of its projects. Brixton Metals’ strong management team has a proven record of success in building companies from the ground up and aims to unlock wealth for shareholders through the drill bit and M&A activities.

Company Strategy

  • Acquire gold & silver assets in safe jurisdictions at reasonably low costs
  • Generate shareholder value through drilling and de-risking the project to feasibility and through M&A
  • Focus on geology with district scale potential for high-grade Au-Ag as underground and open pit deposits
  • Make use of Artificial Intelligence and machine learning for new target generation to help speed up the discovery process and lower the risks
  • Form partnerships with senior companies for mine development
Company Strategy

  • Brixton will focus on its Cobalt and Hog Heaven projects for 2018
  • Cobalt Camp: Brownfield silver-cobalt exploration project
    • Langis: 10.4 Moz at 25 opt Ag Past Production plus 358,340 lbs of cobalt
    • Hudson Bay: 6.4 Moz at 123 opt Ag Past Production plus 185,570 lbs of cobalt
    • Cobalt price upward trend
    • Actively drilling both Hudson Bay and Langis for Cobalt
  • Hog Heaven: Advanced stage silver-gold-copper mine project in Montana, USA
    • 10.3 Mt at 142 g/t Ag, 0.68 g/t Au (1) non-compliant NI-43-101
    • Historical inferred estimate 47.3 Moz Ag and 0.23 Moz Au.(1)
    • 722 drill holes for 57,498m with a near term development path
    • Drilling planned for May 2018
  • Thorn: District scale exploration project with the potential to yield a major discovery
    • 2 Large scale targets Outlaw Au-Ag & Chivas Au-Cu-Ag
    • Inferred resource of 21.5Moz AgEq
  • Atlin Gold Camp: Early stage district scale exploration project with high-grade-gold
Live Financials

Latest Announcements

Share Price Performance

Team

Gary Thompson – Chairman & CEO
Cale Moodie – CFO & Director
Sorin Posescu – VP Exploration
Ian Ball – Director
Carl Hering – Director
Danette Schwab – Senior Geologist

Major Shareholders

Gold 2000 9%
Evanachan (Rob McEwen) 6%
Pan American Silver 4%
US Global 4%
Hecla Mining 4%
Eric Sprott 2%
Management 8%
Retail 61%

Projects Overview


  • Cobalt Camp
  • Hog Heaven – Silver-Gold-Copper
  • Thorn – Gold-Silver
  • Atlin Gold Project
Hog Heaven Silver-Gold Project

  • The Hog Heaven property is located in north-western Montana, USA and is wholly owned by Brixton subject to a 3% NSR to the vendors
  • Hog Heaven is a high-sulphidation Ag-Au-Cu-Pb-Zn epithermal vein-breccia deposit with high-grade underground targets
  • The Hog Heaven project represents a high-grade Ag-Au-Cu-Pb-Zn underground opportunity where gold and base metals add significant value on a silver equivalent basis
  • A Feasibility Study was completed in 1988 by American Mining Services
  • 6.7Moz Ag at 29 oz/t Ag, 3Koz Au, 23Mlbs Pb, 0.6Mlbs Cu were mined from 230K tons and directly shipped to a smelter (1928-’64)
  • 722 drill holes for 57,498m of drilling from the late 1970’s to the mid 1990’s
  • Hole AFR-79-5 returned 12.19m of 1,089 g/t Ag and/or 2,330 g/t AgEq for 114 percent increase when gold, copper, lead and zinc values are included as silver equivalent
  • Hole AFR-81-8 returned 54.86m of 254 g/t Ag and 411 g/t AgEq for a 62 percent increase when gold is included as silver equivalent and there is no assay data for copper, lead or zinc
  • Analysis of the intervals that were not assayed for base metals may provide additional metal value
  • Notable intercepts are 53.34m of 643 g/t AgEq including 9.15m of 2,226 g/t AgEq in Hole AFR-81-38A and 18.29m of 1,623 g/t AgEqfrom 106.68m including 9.15m of 2,951 g/t AgEq in Hole AFR-79-5
Planned Work 2018

  • Digitize the historical data into 3D zone models
  • Exploration plans for early 2018 include geophysical surveys, relogging and resampling of the historical drilling
  • May 2018 phase one drilling with a focus on high grade zones as confirmation, infill and extension of known mineralization
  • Define a maiden resource with sufficient material in 2019 to rapidly move to a PEA
Hog Heaven Historical (Non-Compliant-NI-43-101)

HH historical estimate: Based on a historical estimate for Hog Heaven prepared by Gregory Hahn, Chief Geological Engineer for CoCa Mines Inc., a previous owner of the property, in a report titled “Hog Heaven Project Optimization Study” dated May 1989, prior to implementation of National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) (as disclosed in a prior owner’s resource statement [see Brixton’s news release dated June 22, 2017]) and based on diamond drilling. While Brixton considers these historical estimates to be relevant to investors as it may indicate the presence of mineralization, a QP for Brixton has not done sufficient work to classify the historical estimates as current mineral resources as defined by NI 43-101 and Brixton is not treating these historical estimates as a current mineral resource.

 

HH Drill results: The Qualified Person (“QP”) for Brixton cannot verify the drill results reported in the tables above or the other technical information set out in this presentation. The precise location of the drill cores from the program is presently unknown and they have not been inspected by the QP, and therefore Brixton has not undertaken any re-logging, resampling or check assays; however, Brixton has no reason to doubt the results and considers the results relevant and suitable for disclosure. Data from the above drill results are historical results and it is unknown what type of quality-control programs were performed at the time. The QP also advises that true width of the above results cannot be determined at this time

COBALT CAMP
  • Two past producing, high-grade silver mines in the Cobalt Camp, Ontario, Canada
  • A brownfields exploration and development opportunity for silver-cobalt
  • LANGIS MINE past production (1908-1989) of 10.4 Moz Ag at 25 opt and 358,340lbs of cobalt (Closed in 1990 due to a silver price drop to $5/oz.)
  • HUDSON BAY MINE past production (1905-1953) of 6.4 Moz Ag at 123 opt and 185,570 lbs cobalt from 52,032 tons
  • Silver recoveries ranged from 88% to 98% (Assays up to 18% Ag and 16% Co)
  • Excellent local infrastructure: year round road access, power and railway
  • Brixton signed an Exploration Agreement with the Timiskaming First Nations
PLANNED WORK AT COBALT CAMP
  • Q1-Q2 2018 Drill test several new structural and geophysical targets for at both Langis and Hudson Bay mine sites
  • Drill for extension of the previously mined veins at Langis and Hudson Bay
  • Total drilling of 10,000m – 15,000m
  • Define a mineralized zone that could establish a maiden NI-43-101 resource estimate

Contact Details

WEBSITE: brixtonmetals.com

EMAIL: info@brixtonmetals.com

PHONE: +1-604-630-9707

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