Brixton Metals Reports Best Copper-Gold-Silver Results to Date from the Hog Heaven Project

Drill Hole HHD-014 Intersects 82m of 0.63% Copper, 0.32 g/t Gold and 37.8 g/t Silver

VANCOUVER, British Columbia, April 03, 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 at the Hog Heaven Project, which is operated by Ivanhoe Electric Inc. under a definitive Earn-in Agreement with Brixton. Hog Heaven is an advanced-stage, high-sulphidation, epithermal copper-silver-gold project having historical production with copper porphyry potential. The project is located 50 miles southwest of Kalispell, Montana, USA.

Highlights from Ivanhoe Electric’s April 2, 2024 News Release

• Best copper-gold-silver intercept to date at the Hog Heaven Project
  

• Drill Hole HHD-014 yielded 82m of 0.63% Copper, 0.32 g/t Gold and 37.8 g/t Silver from 568m depth
  • Including 5.78% copper, 2.2 g/t gold and 264.7 g/t silver over 3.95m
  • Including 21.7% copper, 3.94 g/t gold and 510 g/t silver over 1.1m

• Drill hole HHD-014 intersected several zones of copper, gold and silver-rich mineralization hosted in both the volcanic diatreme and surrounding sediments. Mineralization manifests as both enargite and pyrite in disseminations and diffuse veins within the volcanic rocks. Significant thicknesses of this disseminated and vein-hosted mineralization have been intersected.

• Drilling to date has demonstrated the high-sulphidation epithermal mineralization has a strike length of at least 800m and remains open in several directions around the northern edge of the Flathead Diatreme.

• The single 21.7% copper assay was capped to 10% to avoid overestimation and grade smearing within the reported intervals. If, however, this capping is removed, the 82m interval is 0.79% copper, 0.32 g/t gold and 37.8 g/t silver from 568m
  
  • including the 3.95m interval of 9.13% copper, 2.2 g/t gold and 264.7 g/t silver from 631m depth

For details on Ivanhoe Electric’s April 2, 2024 News Release on Hog Heaven Project click HERE.

Chairman and CEO Gary R. Thompson stated, “Drilling at the Hog Heaven Project continues to deliver highly encouraging results, specifically the copper enrichment. The high sulphidation mineralization and the presence of mineralized diatreme indicate a copper porphyry system at depth. We eagerly await the next round of results.”