Brixton Metals Receives Typhoon Results and Additional Assays from the Hog Heaven Project, Montana

VANCOUVER, British Columbia, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce additional results from the ongoing exploration program on the Hog Heaven Project, which is operated by Ivanhoe Electric Inc. under a definitive Earn-in Agreement. Hog Heaven is located 50 miles southwest of Kalispell, in the state of Montana, USA, and is an advanced-stage, high-sulphidation, epithermal copper-silver-gold project having historical production with copper porphyry potential.

Highlights

• Step-out drilling at Hog Heaven extends mineralization 150m to the west of nearest drilling
  
• Results of Typhoon geophysical survey at Hog Heaven will guide future drilling plans
  
• HHD-012 intersected 157m of high sulphidation epithermal mineralization approximately 150m to the southwest of the nearest hole (HHD-010). This intercept is of a similar grade and quality to that seen in previously reported holes demonstrating that the Hog Heaven epithermal system has growth potential to the west of the Flathead Mine.
  
• HHD-012 intersected 156.88m of 0.34 g/t Au, 18.77 g/t Ag, 0.09% Cu, 0.24% Pb, 0.22% Zn (from 282.12 meters) or 156.88m of 0.85 g/t AuEq
  
  • Including 49.92m of 0.40 g/t Au, 29.51 g/t Ag, 0.11% Cu, 0.40% Pb, 0.22% Zn (from 282.12 meters) or 49.92m of 1.22 g/t AuEq
    
• Drill hole HHD-012 has been successful in opening a large new area prospective for additional shallow high sulphidation epithermal mineralization and the underlying porphyry source. Mineralization intersected by HHD-012 remains open in multiple directions and to depth.

For details from Ivanhoe Electric’s February 22, 2024 news release, click here.

Chairman and CEO Gary R. Thompson stated: “Ivanhoe Electric’s Typhoon geophysical survey identifies a strong conductor of about one square mile in size in the south-central area of the project where limited drilling has been conducted. We look forward to the next batch of drill results from the ongoing program at the Hog Heaven Project.”

About the Hog Heaven Cu-Ag-Au Project – Montana, USA

Ivanhoe Electric’s current exploration drill program at Hog Heaven, as first reported in our October 2023 news release, has now completed twelve drill holes totaling 10,905 meters. Exploration drilling has stepped out to the west and southwest, where mineralization remains open. One diamond drill rig is currently on site and will operate through the winter as weather permits. In November 2023, Ivanhoe Electric conducted its proprietary Typhoon geophysical survey (results at the link above) covering approximately 10 square kilometer area, which was designed to cover the core of known prospectivity.