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Brixton Metals Corp.
Summary
| Project: | Hudson Bay | |
|---|---|---|
| Deposit: | Hudson Bay | |
| Location: | Canada | |
| Commodities: | Cobalt-Silver-Nickel-Copper | |
| Date: | 2/20/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-2-2018: Brixton Metals Corp. announces an Exploration/Drilling Update report for its Hudson Bay deposit at the Hudson Bay project. Drilling results incl. 0.8m @ 1.0% Co, 11.1g/t Ag, 0.72% Ni, 0.95% Cu from 52.2m. VANCOUVER, BC – (Marketwired – February | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Sorin Posescu (Internal) | |
| ABSTRACT: | VANCOUVER, BC – (Marketwired – February 20, 2018 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) is pleased to announce initial drill results from its wholly owned Hudson Bay project located in the Cobalt Camp, Ontario. Chairman and CEO of Brixton, Gary R. Thompson stated, “This drill program is our first cobalt targeted campaign and we are encouraged by these initial results. The Hudson Bay Mine was a high-grade silver mine with cobalt produced as a by-product. These early drill results confirm the presence of high cobalt, low silver veins in the area. We are excited to continue our drilling in the Cobalt Camp for both high-grade cobalt and silver.” To date, the Company has drilled approximately 1,500 metres at Hudson Bay. Drilling was designed to test possible extensions of the previously mined cobalt and silver mineralization. The first three holes have been successful in identifying cobalt and silver mineralization. The assay results disclosed in this news release represent assays received for the first three holes (489 metres) with the rest of the assays 7 holes pending. Hole HB18-01 intersected 1.00% Co, 11.10 g/t Ag, 0.72% Ni and 0.95% Cu over 0.80 metres from 52.20 meters. The hole was drilled to a total depth of 177 metres (Azimuth: 1900 , DIP: -400 ). Mineralization generally consists of cobalt and nickel minerals as disseminated, veinlets to centimetres wide veins and is hosted in locally brecciated and chloritized cherty mafic-intermediate pillows (Archean Volcanics). Locally, pyrite, chalcopyrite and sphalerite are also present. | |
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