Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) is pleased to announce additional drill results from its wholly owned Hudson Bay project located in the Cobalt Camp, Ontario, Canada.
Highlights from 11 drill holes
Drill hole HB18-31 intersected one metre of 3,290 g/t silver, 0.29% nickel and 0.14% cobalt within 2.00m of 1,667.30 g/t silver, 0.15% nickel and 0.07% cobalt from 22m depth
Drill hole HB-18-34 intersected one metre of 1.96% cobalt and 16.20 g/t silver from 80m depth
Drill hole HB-18-26 intersected four metres of 536.50 g/t silver from 45m depth, including 1,285 g/t silver over 1.00m
Chairman and CEO of Brixton, Gary R. Thompson stated, “Brixton continues to encounter very high grade silver and cobalt mineralization around the historic workings at the Hudson Bay mine and have defined a number veins. These high grade results are at shallow depths as stated in the table below ranging from 22m to 80m drill depth. We believe that this area warrants further drilling to expand on these trends. Given the current copper and cobalt prices, the 1.96% cobalt equates to 19.6% copper, which is significant. The long term demand for cobalt remains strong”