Brixton Metals - die Silber/Gold Outlaws (Seite 10)

eröffnet am 21.12.16 14:15:03 von
neuester Beitrag 07.01.21 08:30:23 von


Beitrag schreiben

Begriffe und/oder Benutzer

 

Avatar
20.11.20 14:49:20
VANCOUVER, British Columbia, Nov. 20, 2020 (GLOBE NEWSWIRE) -- Brixton Metals Corp oration (the " Company ") (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce that it has closed a non-brokered private placement of flow-through common shares of the Company for gross proceeds of C$4,461,120 (the " Private Placement "). Each flow-through share (a “ FT Share ”) was issued at a price of C$0.36 and is comprised of one common flow-through share of the Company. The Company issued a total of 12,392,002 FT Shares pursuant to the Private Placement.
Chairman and CEO of Brixton Metals, Gary R. Thompson stated, “Brixton is now fully-funded going into 2021. Brixton will end 2020 with a treasury of about $9 million. This winter we are drilling for high-grade silver and cobalt at the Langis Project in Cobalt, ON and will be drilling further high-impact targets at the Thorn Project next season. We’re encouraged by the confidence we’ve seen from major shareholders, and are looking forward to positive near-term catalysts.”
The gross proceeds from the issuance of the FT Shares will be used for “Canadian exploration expenses” (within the meaning of the Income Tax Act (Canada)) (the “ Qualifying Expenditures ”), which will be renounced to the subscribers with an effective date no later than December 31, 2020 to the initial purchasers of the FT Shares in an aggregate amount not less than the gross proceeds raised from the issue of the FT Shares, as applicable, and, if the Qualifying Expenditures are reduced by the Canada Revenue Agency, the Company will indemnify each FT Shares subscriber for any additional taxes payable by such subscriber as a result of the Company’s failure to renounce the Qualifying Expenditures as agreed.
The net proceeds from the issuance of FT Shares shall be primarily used for exploration activities.
Finders acting in connection with the closing of this Private Placement received finder’s fees in the aggregate total amount of $137,420.84 and were issued an aggregate of 381,724 finder’s warrants. Each finder’s warrant is exercisable for one common share of the Company at an exercise price of $0.36 for a period of 24 months from the date of closing of the Private Placement.
One insider of the Company participated in the Private Placement in the amount of 83,350 FT Shares. Participation by insiders constitutes a related party transaction as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (” MI 61-101 ”). The issuance of Securities to the related party is exempt from the formal valuation requirements of Section 5.4 of MI 61-101 pursuant to Subsection 5.5(b) of MI 61-101 and exempt from the minority shareholder approval requirements of Section 5.6 of MI 61-101 pursuant to Subsection 5.7(b) of MI 61-101.
The FT Shares and any finders warrants, including all underlying securities thereof, issued with respect to the Private Placement, will be subject to a hold period of four months and one day in accordance with applicable securities laws and the policies of the TSX Venture Exchange (“ TSX-V ”).
This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933 , as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.
K. Brock Riedell
Brock Riedell has over forty years experience in minerals exploration and mining economic analysis. During his career he has been involved in porphyry, volcanic and sediment-hosted gold discoveries in B.C., Nevada, Utah, and Arizona. Since 2009 he has been a Vancouver-based consulting geologist focused on porphyry Cu/Au/Mo exploration in the Americas. He has consulted to Brixton, primarily on the Thorn Project, since mid-2018. Other clients have included Imperial Metals (Red Chris and Catface, B.C.), Fortuna Silver (Lindero, Argentina), Adventus Mining (Pijili and Santiago, Ecuador), Redhawk Resources (Copper Creek, Arizona), and Abacus Mining and Exploration (Willow, Yerington district, Nevada). From 1995 to 2009, he worked for BHP in the western USA, Chile, and Canada; he served as global Chief Geologist from 2002 to 2005. His early career was mostly in western U.S. exploration roles with Exxon Minerals and Newmont.
Mr. Thompson stated, “We are delighted to have Mr. Brock Riedell step into a larger role as Senior Technical Advisor at Brixton Metals. Brock has served as a consultant to the company for a number of years, and he brings a wealth of porphyry experience to the team. In addition to Brock’s work with the Company we plan to continue work with UBC’s MDRU (Mineral Deposit Research Unit) as we look to unlock the giant porphyry potential at the Company’s wholly owned 2600 square kilometer Thorn Project.”
Brixton Metals | 0,183 €
Avatar
01.12.20 16:14:30
VANCOUVER, British Columbia, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSXV: BBB) (the “ Company ” or “ Brixton ”) is pleased to announce drill results from its Outlaw Target at its wholly owned Thorn Project located in the northwest corner of British Columbia’s Golden Triangle. The Company completed 2,788.55m of NQ size drill core over 16 holes at the Outlaw Target.
Highlights

Drilling expanded the Central Outlaw Zone by 164m strike for a new total of 600m of continuous near surface mineralized gold-silver horizon

Discovery of mineralization at the West Outlaw Zone returned 1m of 8.7 g/t Au, 33.8 g/t Ag or 9.2 g/t AuEq

THN20-172 returned 12.4m of 1.4 g/t AuEq including 5m of 3.1 g/t AuEq

THN20-176 returned 27m of 0.8 g/t AuEq, incl. 6.9m of 2.3 g/t AuEq, incl. 1m of 5.9 g/t AuEq

Chairman and CEO of Brixton, Gary R. Thompson stated, “We are encouraged as drilling at Outlaw Target continues to confirm the scale potential of this large gold anomaly. Additionally, we are excited by the results at West Outlaw Zone, which returned higher grades. The Thorn Project remains a district-scale project with multiple styles of mineralization and we expect to resuming drilling at Outlaw, a sediment hosted gold deposit, in 2021 to continue growing the gold-silver trend, which remains open in several directions. We are also looking forward to assay results from other 2020 drilling completed at our Camp Creek Cu-Au porphyry target at the Thorn Project.”
Click link for: Figure 1. Location of the Outlaw Gold Target within the Thorn claim block.
http://brixtonmetals.com/wp/wp-content/uploads/2020/11/Figur…
Click link for: Figure 2. 2020 Drill Collar Location laid over Gold-in-Soils at the Outlaw Target.
http://brixtonmetals.com/wp/wp-content/uploads/2020/11/Figur…
Gold mineralization at the Central Outlaw Zone has been interpreted as a main, sediment-hosted gold-bearing horizon of EW to NW orientation gently dipping to the north (Figure 3).
Several surface rock samples collected earlier this season located between 90m to 180m North-northwest of holes THN20-172/173 returned 1 to 3 g/t Au. Hole THN20-173 was drilled with a 350 degrees azimuth and -60 degrees dip for a maximum depth of 258m. The hole successfully extended gold mineralization by 75m to the north by returning 13.5m of 1.1 g/t AuEq (0.9 g/t Au, 11.4 g/t Ag). Further drilling should be conducted to the north and northwest of hole THN20-173 as the Central Outlaw Zone remains open in several directions.
Drill hole THN20-179 was terminated early due to difficult drilling conditions and possible faulting at this location; however, the hole ended in mineralization of 2.5m of 0.7 g/t AuEq (0.6 g/t Au, 11.2 g/t Ag).
Drill hole THN20-178 did not intercept notable mineralization and it is suspected that it may have not been drilled deep enough as the collar was set at a 72m higher elevation than hole THN20-177 and about 200m to the EW to NE from collar THN20-177. The other plausible theory is that a fault off set gold mineralization at this location. Difficult drilling conditions were encountered in both holes THN20-178 and 179.
Brixton Metals | 0,315 C$
Avatar
08.12.20 15:48:58
VANCOUVER, British Columbia, Dec. 08, 2020 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSXV: BBB) (the “ Company ” or “ Brixton ”) is pleased to announce the initial drill results from its fall/winter exploration program on the Langis Mine Project located in the Cobalt Camp of Ontario. The Company has received assays for the first 17 holes totaling 1624m of NQ size core. Approximately 6,000m of the 20,000m planned fall/winter drilling campaign have been completed. Drill holes follow a fan-type array with depths ranging from 52.5m to 148.4m across the main trend.
Highlights

Hole LM20-93 intercepted three mineralized intervals near surface, including:

• 6m of 193 g/t Ag from 2.6m; including 3m of 351 g/t Ag, including 1m of 990 g/t Ag
• 4m of 127 g/t Ag from 17.6m, including 2m of 238 g/t Ag
• 3m of 647 g/t Ag from 32.6m including 1m of 1845 g/t Ag

LM20-96 returned 7m of 222.9 g/t Ag including 4m of 360 g/t Ag and 1m of 692 g/t Ag

LM20-102 intercepted 4m of 333 g/t Ag including 1m of 904 g/t Ag, 0.2% Co

Chairman and CEO of Brixton, Gary R. Thompson stated, “It is encouraging to see the high-grade silver and cobalt mineralization over meaningful intervals above the historic workings. Based on the current gold/silver ratio of 75:1, the lower interval in hole LM20-93 of 3m of 647 g/t Ag is equivalent to 8.6 g/t Au. Drilling is ongoing as we work toward a maiden resource at Langis.”
These drilling results continue to support the existence of new, shallow, high-grade silver-cobalt mineralization around the Shaft 3 area. Historical drilling around the Shaft 3 area is very limited and mostly underground. Silver-cobalt mineralization was first drilled by the Company in 2018 and has continued to bring encouraging results from subsequent drilling campaigns. “Defining and adding a new silver-cobalt zone could significantly increase the Langis silver resource potential,” said Antonio Celis, Senior Geologist and QP for Brixton Metals.
Click link for Figure 1. Location of the Shaft 3 drilling area:
http://brixtonmetals.com/wp/wp-content/uploads/2020/12/Figur…
Brixton Metals | 0,300 C$
Avatar
08.12.20 15:49:51
Das sind Spitzenwerte.
Brixton Metals | 0,300 C$
Avatar
11.12.20 19:25:43
Metals & Mining Investor Conference Presentations Now Available for On-Demand Viewing

T.FF, V.BCM, V.BBB, T.CXB, T.JOSE, T.ELEF, V.UGD, C.ITKO, C.IRV, V.RVG, V.BNCH, C.SSVR | 1 hour ago

Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations
NEW YORK , Dec. 11, 2020 /CNW/ - Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the presentations from the December Metals & Mining Virtual lnvestor Conference are now available for on-demand viewing.
REGISTER OR LOGIN NOW TO VIEW THE PRESENTATIONS: https://bit.ly/37L6hIV
The company presentations will be available 24/7 for 90 days. Investors, advisors and analysts may download shareholder materials from the "virtual trade booth" for the next three weeks.
Participating Companies:

Presentation
Ticker(s)
Red Cloud Securities Inc.
Keynote Presentation: Rebirth of Grassroots Exploration
Bear Creek Mining Corp.
( OTCQX: BCEKF | TSX-V: BCM)
Blackstone Minerals Ltd.
( OTCQB: BLSTF | ASX: BSX)
Revival Gold Inc.
( OTCQB: RVLGF | TSX-V: RVG)
Ascot Resources Ltd.
( OTCQX: AOTVF | TSX: AOT)
Windfall Geotek Inc.
( OTCQB: WINKF | TSX-V: WIN)
Fremont Gold Ltd.
( OTCQB: FRERF | TSX-V: FRE)
Global Atomic Corp.
( OTCQX: GLATF | TSX: GLO)
Ridgeline Minerals Corp.
( Pink: RDGMF | TSX-V: RDG)
Unigold Inc.
( OTCQX: UGDIF | TSX-V: UGD)
Calibre Mining Corp.
( OTCQX: CXBMF | TSX: CXB)
Brixton Metals Corp.
( OTCQB: BBBXF | TSX-V: BBB)
Contango Ore, Inc.
( OTCQB: CTGO )
Silver Elephant Mining Corp.
( OTCQX: SILEF | TSX: ELEF)
TRU Precious Metals Corp.
( OTCQB: TRU
Brixton Metals | 0,295 C$
Avatar
15.12.20 14:26:02
81 rock samples return over 1 g/t Au and 68 rock samples return over 1% Cu

VANCOUVER, British Columbia, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (“ Brixton ” or the " Company ") (TSXV: BBB) (OTCQB: BBBXF) is pleased to provide its rock and soil geochemistry results summary from the 2020 season on its vast 2,594 square kilometer Thorn Cu-Au-Ag Project. A total of 1473 rock samples and 5588 soil samples were collected throughout the Thorn Project.
Highlights from 2020 Rock and Soil Geochemistry

81 rock samples returned greater than 1 g/t Au and 5 samples were greater than 31 g/t Au

68 rock samples returned greater than 1% Cu and 4 were greater than 5% Cu

38 rock samples returned greater than 100 g/t Ag and 6 were greater than 1000 g/t Ag

1057 soils were above 30 ppb Au, 263 were above 100 ppb Au and 45 were above 500 ppb Au

2298 soils were above 100 ppm Cu, 148 were above 500 ppm and 40 were above 1000 ppm Cu

Chairman and CEO of Brixton Metals, Gary R. Thompson stated, “The push for more geochemical work at the Thorn Project has been a huge success this year. The 2020 field season, plus this past winter geochem data mining from 150 historical assessment reports of 10,524 soils and 3200 rocks and strategic mineral claim acquisitions, generated 6 new large scale copper-gold targets. The new total number of copper-gold targets at the Thorn Project now stands at 9, significantly increasing the probability of making a major discovery along its 75-80km of favourable geology.”
Mr. Thompson continued, “At the end of 2020, Brixton finds itself in the best position, both financially and from a project perspective than it has ever been in. Brixton is expected to finish the year with CAD$9 million in cash, a strong partner in High Power Exploration advancing its Hog Heaven Project, an active drill program at Langis pursuing a maiden resource and nine targets with potential to yield a major discovery at Thorn. Looking ahead to 2021, we plan to continue advancing each of the targets at Thorn with additional geochemical work, new geophysical work and drilling where warranted.”
The highest 20 gold-in-rock samples are listed in Table 1 below. The highest gold value from the 1473 rocks samples was collected from the Outlaw West Target which returned 68.8 g/t Au. The target with the greatest number of high-grade gold samples was the Trapper Target which had ten of the Top 20 gold-in-rock samples and ranged from 6.0 g/t Au to 47.0 g/t Au. The Camp Creek Target had five in the Top 20 gold-in-rock ranging from 6.0 g/t Au to 14.1 g/t Au.
The highest copper-in-rock sample was 7.2% Cu and came from the Camp Creek Target which also had 5 samples in the Top 20 for high-grade copper samples ranging from 4.5 To 7.2% Cu. Three targets namely Camp Creek, Metla and East Target had 5 samples in the Top 20 for high-grade copper samples, see Table 1 below.
The highest silver-in-rock grade was 2890 g/t Ag which came from the Outlaw Target. The Camp Creek Target had by far the most high-grade silver hits, returning 14 of the Top 20 high-grade silver samples ranging from 135.0 g/t Ag to 1890 g/t Ag.
Brixton Metals | 0,224 €
Avatar
21.12.20 14:47:46
VANCOUVER, British Columbia, Dec. 21, 2020 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (the " Company ") (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce that it has closed a second tranche of a non-brokered private placement of flow-through common shares of the Company for gross proceeds of C$504,000 (the " Private Placement "). Each flow-through share (a “ FT Share ”) was issued at a price of C$0.36 and is comprised of one common flow-through share of the Company. The Company issued a total of 1,400,000 FT Shares pursuant to the Private Placement.
Chairman and CEO of Brixton Metals, Gary R. Thompson stated, “Brixton is pleased to see the continued support of the company, and it is encouraging to end 2020 with a healthy budget for 2021. With Brixton’s near-term catalysts aligning with a positive outlook for the metals market, we are excited to advance our high-impact Cu-Au-Ag projects towards resource definition.”
The gross proceeds from the issuance of the FT Shares will be used for “Canadian exploration expenses” (within the meaning of the Income Tax Act (Canada)) (the “ Qualifying Expenditures ”), which will be renounced to the subscribers with an effective date no later than December 31, 2020 to the initial purchasers of the FT Shares in an aggregate amount not less than the gross proceeds raised from the issue of the FT Shares, as applicable, and, if the Qualifying Expenditures are reduced by the Canada Revenue Agency, the Company will indemnify each FT Shares subscriber for any additional taxes payable by such subscriber as a result of the Company’s failure to renounce the Qualifying Expenditures as agreed.
Finders acting in connection with the closing of this Private Placement received finder’s fees in the aggregate total amount of $30,240 and were issued an aggregate of 84,000 finder’s warrants. Each finder’s warrant is exercisable for one common share of the Company at an exercise price of $0.36 for a period of 24 months from the date of closing of the Private Placement.
The FT Shares and any finders warrants, including all underlying securities thereof, issued with respect to the Private Placement, will be subject to a hold period of four months and one day in accordance with applicable securities laws and the policies of the TSX Venture Exchange (“ TSX-V ”).
In addition to the flow-through financing, a total of 5,486,983 warrants have been exerscised for an aggregate of $1,372,222 this year to the Company.
This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933 , as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.
About Brixton Metals Corporation
Brixton is a Canadian exploration and development company focused on the advancement of its gold and silver projects toward feasibility. Brixton wholly owns four exploration projects: the Thorn copper-gold-silver and the Atlin Goldfields projects located in NWBC, the Langis-HudBay silver-cobalt project in Ontario and the Hog Heaven silver-gold-copper project in NW Montana, USA. Brixton Metals Corporation shares trade on the TSX-V under the ticker symbol BBB. For more information about Brixton please visit our website at www.brixtonmetals.com .
Brixton Metals | 0,168 €
Avatar
06.01.21 18:21:59








Einfaches Einfügen von wallstreet:online Charts: So funktionierts.




Sieht gut aus, könnte demnächst ausbrechen.
Brixton Metals | 0,280 C$
Avatar
07.01.21 08:30:23
Brixton Metals | 0,188 €


Beitrag zu dieser Diskussion schreiben

Brixton Metals - die Silber/Gold Outlaws