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Brixton Metals Drills 49.78 m of 2.26 g/t AuEq at Talisker and Discovers the Lagavulin Vein with 24 m of 1.23 g/t AuEq
VANCOUVER, BC, October 25, 2011 �Brixton Metals Corporation (TSX-V: BBB) (the �Company� or �Brixton�) is pleased to announce assay results from additional drill holes at its Thorn gold-silver-copper project located in Northwestern British Columbia.
Highlights:
Talisker Zone down-dip hole THN11-51 intersected 49.78 m of 2.26 g/t AuEq (1.41 g/t Au, 19.0 g/t Ag & 0.25% Cu) including 12.99 m of 5.11 g/t AuEq (3.21 g/t Au, 38.6 g/t Ag & 0.60% Cu).
Lagavulin, a newly discovered zone in hole THN11-49 intersected 24.04 m of 1.23 g/t AuEq (0.89 g/t Au & 12.4 g/t Ag) including 5.04 m of 3.2 g/t AuEq (2.35 g/t Au, 32.8 g/t Ag & 0.15% Cu).
Feeder Zone hole THN11-45 intersected 0.74 m of 16.49 g/t AuEq (1.22 g/t Au, 384 g/t Ag & 4.14% Cu).
A total of 21 drill holes for 5,678 m were completed at the Thorn Project during the 2011 season. Additionally, 97 rock samples, 158 soil samples and 3 stream sediment samples were collected. Assay results from nine of the 21 holes have now been received. De-mobilization of personnel and equipment from the project site was completed October 11th, 2011. Final assays on the remaining 12 drill holes are expected before the end of the year.
Mr. Gary R. Thompson, Chairman & CEO stated, �We are very encouraged by these results as they continue to demonstrate the size and upside potential of the mineralized system at Thorn. The 2011 exploration program was successful in extending the Talisker Zone both along strike and down dip, and the zone remains entirely open in both directions. In addition, the recent discovery made on the Lagavulin Zone is a testament to the abundant nature of the mineralization at Thorn. The remaining 12 holes to be released were visually speaking better than expected, thus we have high expectations of these remaining drill holes. We are looking forward to further results from these zones, as we continue to build on the resource database and work towards completing a maiden NI 43-101 compliant resource estimate in 2012.�
TALISKER ZONE
Historic drill hole THN04-29 intersected 56 m of 1.95 g/t AuEq at the Talisker Zone so THN11-51 was collared 25 m away to test for down-dip mineralization. The hole was drilled at the same dip and azimuth as hole THN04-29 (dip -50 and azimuth 325 degrees). Hole THN11-51 intersected 49.78 m of 2.26 g/t AuEq or 1.41 g/t Au, 19.0 g/t Ag and 0.25% Cu from 52.16 m depth including 12.99 m of 5.11 g/t AuEq. The true width of the Talisker zone in hole THN-11-51 is estimated at 42 m. A total of eight holes (for 1977 m) have been drilled at the Talisker Zone this season. Results are pending for Hole THN11-59 which was drilled as a down dip extension of Hole TH05-37 that intersected 4 m of 17.75 g/t AuEq and holes THN11-55 & 56 were drilled to the North East for a further possible 400 m strike extension.
Click here for cross-section of Hole THN11-51.
(http://www.brixtonmetals.com/properties.57.html)
| Hole ID |
From m |
To m |
Interval m |
AuEq g/t |
Au g/t |
Ag g/t |
Cu % |
| THN11-51 |
52.16 |
101.94 |
49.78 |
2.26 |
1.41 |
19.0 |
0.25 |
| including |
73.95 |
86.94 |
12.99 |
5.11 |
3.21 |
38.6 |
0.60 |
LAGAVULIN VEIN
The Lagavulin Vein was discovered during the 2011 season and is significant because this structure cross-cuts the main Camp Creek corridor vein sets. Hole THN11-49 intersected 24.04 m of 1.23 g/t AuEq from 50.35 m depth including 5.04 m of 3.24 g/t AuEq. Please see the link to maps.
| Hole ID |
From m |
To m |
Interval m |
AuEq g/t |
Au g/t |
Ag g/t |
Cu % |
| THN11-49 |
50.35 |
74.39 |
24.04 |
1.23 |
0.89 |
12.4 |
0.06 |
| including |
64.35 |
69.39 |
5.04 |
3.24 |
2.35 |
32.8 |
0.15 |
FEEDER ZONE
Drill holes THN11-44 and THN11-45 were collared at the same location to test the Feeder Zone at the junction of the Camp Creek and La Jaune Creek mineralized corridors. Drill Hole THN11-44 was drilled at -50 degrees dip and 172degrees azimuth and intersected 10.45 g/t AuEq over 1.20 m from 53.75 m down hole and 1.50 g/t AuEq over 1.04 m from 65.94 m down hole. Hole THN11-45 was drilled at -75 degrees dip and the same azimuth as THN11-44 and intersected 0.45 m of 20.97 g/t AuEq or 1.41 g/t Au, 343 g/t Ag and 6.63% Cu from 40.42 m down hole.
| Hole ID |
From m |
To m |
Interval m |
AuEq g/t |
Au g/t |
Ag g/t |
Cu % |
| THN11-44 |
52.75 |
53.95 |
1.20 |
10.45 |
0.73 |
189.0 |
3.13 |
| THN11-44 |
66.98 |
67.23 |
0.25 |
10.22 |
0.55 |
158.0 |
3.38 |
| THN11-45 |
40.42 |
40.87 |
0.45 |
20.97 |
1.41 |
343.0 |
6.63 |
| THN11-45 |
43.37 |
44.11 |
0.74 |
16.49 |
1.22 |
384.0 |
4.14 |
| THN11-45 |
63.56 |
73.55 |
9.99 |
1.83 |
0.32 |
40.2 |
0.39 |
| including |
64.40 |
69.60 |
5.20 |
2.46 |
0.39 |
54.6 |
0.54 |
| THN11-45 |
112.73 |
113.20 |
0.47 |
6.21 |
0.98 |
181.0 |
0.98 |
Click Here for 2011 Partial Drilling Results Map.
(http://www.brixtonmetals.com/properties.57.html)
Click Here for Complete Drill Results of 2011 to date.
(http://www.brixtonmetals.com/properties.74.html)
Click Here for 2011 Thorn DDH List.
(http://www.brixtonmetals.com/properties.74.html)
Gold Equivalent (AuEq) values were calculated from a sum of metal values using $1,088 per ounce of gold, $19.62 per ounce of silver and $3.20 per pound of copper and do not take into account metal recoveries. Assays contain zinc and lead values which were not included.
AuEq = Au g/t + (Cu% x 70.55/34.58) + (Ag g/t x 0.63/34.58)
Quality Assurance & Quality Control
The Thorn Project is managed by Equity Exploration Consultants Ltd. Stewart Harris, P.Geo. is Equity's in-house QAQC expert who conducted a detailed QAQC analysis of the 2011 analytical results.
Drill core samples were packed into rice sacks and sealed with uniquely-numbered straps to deter and identify evidence of tampering.Rice sacks were shipped via Small�s Expediting to the ALS Laboratory Group (ALS) preparation lab in Whitehorse, YT which has been certified compliant with ISO 9001:2008 requirements.
Review of blank samples indicates that all blank samples returned low values for all elements of interest indicating no contamination issues of concern.
All standards fell within control limits for all elements of interest indicating an accurate dataset.
Darcy Baker, P. Geo., of Equity Exploration Consultants Ltd., is the Qualified Person as defined under NI 43-101 standards and has reviewed and approved this News Release.
About The Thorn Project
The 19,000-hectare Thorn Property is located in the Sutlahine River area of Northwest British Columbia. Thorn shares many similarities with other high sulphidation epithermal gold deposits around the world including La Bodega in Colombia, Lepanto in the Philippines and El Indio in Chile. A total of 10,300 m of drilling have been completed on the Thorn Project since the 1959 Kennco Discovery.
About Brixton Metals Corporation
Brixton is an exploration company engaged in the acquisition and exploration of precious metal assets. Brixton's management is focused on advancing large-scale deposits to feasibility. Brixton's two exploration properties are Thorn in British Columbia and Kahilt in Alaska. The Thorn property is a gold-silver-copper project located 50 km from the past producing Golden Bear Mine in Northwest BC and is adjacent to Ocean Park Ventures Corp�s Trapper Gold Project. The Kahilt Project is an intrusion related gold and gold-copper porphyry target located in the Kahiltna Terrane of Alaska. The Kahiltna Terrane hosts the giant Pebble gold-copper deposit of Anglo-American and Northern Dynasty. Brixton�s Kahilt Project is adjacent to the Whistler gold-copper deposit being developed by Kiska Metals, and the Estelle Gold Property being explored in a joint venture by Millrock Resources with Teck American Incorporated. Brixton Metals trades on the TSX-V under the ticker symbol BBB. For more information about Brixton please visit our website at www.brixtonmetals.com.
On behalf of the Board of Directors
�Gary R. Thompson�
For more information about Brixton please visit our website at www.brixtonmetals.com. To receive Company news via email contact IR@brixtonmetals.com and mention �Brixton news� in the subject line.
FOR FURTHER INFORMATION PLEASE CONTACT:
Brixton Metals Corporation
Peter Oates
Investor Relations Manager
(604) 630-9707
peter.oates@brixtonmetals.com
This news alert does not constitute a solicitation to buy or sell securities. Some statements in this news release contain forward-looking information, including without limitation statements as to planned expenditures and exploration programs. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs.
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