Happy Holidays from Mining Stock Daily and a Corporate Update from Brixton Metals

Trevor Hall [00:00:08] And welcome to Mining Stock Daily. This is your host, Trevor Hall, and once again, we are joined with the CEO of Brixton Metals, Mr. Gary Thompson. Brixton Metals trades on the TSX Venture Exchange with the symbol BBB and also on the OTCQB market with the symbol BBBXF. Gary, you will probably be the last conversation we have this year of Mining Stock Daily. So we will wish you a happy holidays. But let's get to some discussion. Brixton put out a news release yesterday titled Brixton Metals Discovers Porphyry mineralization at the Camp Creek  Copper Corridor and drills two hundred thirty point eighty two metres of point to 7 percent copper equivalent at its Thorn project. So let's get to Gary. Give us a breakdown of both this these this long, long interval with a copper culvert and discuss with us what that means there for the project.

Gary Thompson [00:01:02] OK, well, thanks, Trevor. And yeah, I guess happy, happy holidays to you and your readers. Yeah. So basically, this is a wrap up of our 2019 drilling work at the Thorn project. We spent the last, I guess probably a couple of years now starting to focus our attention on the copper porphyry potential of this. This project area we drilled day actually three different areas this season. And we were we had a bit of a late start getting here to follow up. If you remember in the summer, we had a 550 meter hole that was about two grams gold equivalent. So this work in the Camp Creek area was sort of follow up work from that. We didn't get the geophysics done that. We wanted to give us some something to image through the IP geophysics that would image something at depth here on the base. He ran out of season. The winter was coming early. So we ended up taking taking this shot up on this hole 162 that we drilled is two hundred and thirty meters to point two seven copper equivalent. That what's important about this hole is that it represents the first actual porphyry style mineralization in the Camp Creek corridor. So the Camp Creek area is a multi kilometer anomaly. The drilling that we did previously in the year was focused on the dietreme breccia zone, which is a polymetallic mineral rich style that is we believe related and a product of a deep porphyry system. So that's giving us confidence. We have a porphyry system here. We've got all we've got all the indicators to suggest there's a porphyry deposit here. The challenge is that it's a buried or blind type of poor free system, so it doesn't outcrop at surface. And so we're having to use these geophysics and these other indicators geologically and geo chemically and obviously drilling now. So this hole the significance of it is that it ended in mineralization at the mineralization didn't start till about 300 and some meters, but from that 300 down to the end of the hole, which was which is five, five and a quarter or something, we're getting an increase in increase in poor freestyle. Copper, gold and molybdenum mineralization. And that hole that we just announced to the hole 162, that was about a kilometer to the west of hole 150, which we had the exceptional drill results this summer. So we've got at least a kilometer trend that we believe probably much more than that. The guess for us next steps means to want to get the geophysics finished that we didn't get done this year. And then once we have that in hand, I think that will help vector the next to the next handfuls of holes. And I would say and obviously hope that those next half a dozen holes that come out of the Camp Creek is really going to highlight the porphyry potential here. And so we have to wait for another another season, unfortunately, to get that next big leg of discovery under our belts. But we're pretty happy with the results nonetheless. We also did some work on the Outlaw gold zone, which is not a porphyry style deposit, which is about four kilometers to the southeast from the Camp Creek area. So it's another large deposit area, but it's more of a gold focus. Gold silver sediment hosted zone, which we had some very encouraging results on several stacked horizons of gold mineralization, which are quite intrigued by. So we want to do some more work around that area. Four point three km long golden soil anomaly with very limited drilling. So we've been going to do some more work on that. So the plan is over the winter is to get the data that are digested and and come up with come up with a plan for next year. But in that release, we did announce that we acquired some additional grounds. So we believe Brixton now has one of the largest landholdings for mineral claims in the Golden Triangle or something like 2300 square kilometers of mineral grounds. So we have a lot of property, a lot of prospective porphyry style mineralization outside the area that we've been currently working. And if you look at the map and see where we've been working, it's quite a small area in relation to the massive land position we have. So 2020 is going to include some work to follow up some of these other new areas that we think are highly prospective for porphyry copper gold systems as well.

Trevor Hall [00:06:09] I would encourage our listeners. Gary did a great job of describing the story with the hole in this facility one kilometer away from that previous big massive drill hole from this summer. There is a Camp Creek Cross section graphic in the news release that you should reference as well, which is a great visual of exactly where this is. But Gary, when you do look at that, that graphic there, it almost seems that the deep drill results that were reported yesterday or potentially maybe hits the edge of what might be the porphyry center, but there's nothing. It doesn't appear to be much drilling in between between that hole 162 and the hole reported earlier this summer that had the half a kilometer interval there. So would you would it be best to say that Brixton should be expected to maybe put a hole in the center of that just to check to see what's in between those two?

Gary Thompson [00:07:10] Yeah, that would. That's a pretty logical assessment, I would say. There has been a few holes in between those two areas. But keep in mind, most of the drilling done here historically was focused on chasing these high grade, high grade veins that we have at surface. And what's interesting is that these are high sulfidation veins. So that the point is that this the drilling that has been done in between is quite shallow. And even the drilling that we did, we drilled beneath the shallow drilling that was done previously, like there was a 2013, we drilled two point two meters of ten point six percent copper five hundred and eighty gram silver and two and a half grams gold at right near surface. And so that the idea was to get down below those veins. We think those those high grade copper, gold, silver veins are really, again, a product of mineralized poor system at depth. And if you look at one of the figures, I think it's figure 5 and the Camp Creek plan map that shows where we did the drilling. There's no shortage of high grade vein samples that we've pulled off a surface. I think as high as twenty five hundred gram silver, 66 gram gold and 32 percent copper are some of the high, narrow. These are narrow, high sulfur nation veins. But again, we think those are a product that are driven off or sourced from a deep, deep, porphyry system, much like this old band britches on where we had the half a kilometer of mineralization that we drilled this summer. We think that is a product of a mineralized porphyry system at depth. So it's gonna take more drilling. But yeah, my my gut tells me is to stay in the low lands in this Camp Creek corridor. And that's going to for a couple reasons. That's closer to the deposit, some amount of drilling you need to do. So once you get the geophysics done and more geology and geochemistry plotted up, I think we'll have we'll have an idea for for some drilling for for 2020.

Trevor Hall [00:09:19] And one final, Gary, about the increasingly and package, and he did mention that the recent drilling really has been in this, you know, a small area compared to the amount of land that Brixton does hold in the Golden Triangle area in 2020. How do you balance, you know, continued development out of out of this Camp Creek area while also doing more of the beginning exploration work throughout this massive boundary that you have?

Gary Thompson [00:09:48] Yeah, well, I think what it comes down to is the budget. You know, we did raise about 2 million inflow through dollars at the end just recently. So we know that the flow through dollars needs to go on the ground in Canada. And we're still working through those budget items. But, you know, the objective for us is to while we want to make a big discovery and and, you know, get the thing that developed along the curve, you know, it is a challenging area logistically. There's no roads in here. So while we want to keep keep working on it, we don't want to blow up the company trying to get there either. So I think it's a systematic, more strategic, selective drilling and continue to always work up no new target areas. And we've had lots of success with boots on the ground, mapping, prospecting, soil sampling. That's been quite an effective way of identifying targets. So. So it's a you know, it's managing the budget. It's know we'll keep chipping away at it. And really the long term objective for Brixton on the Thorn project is to get it to a point where we can attract a major partner in here to, you know, to do the heavy lifting on the funding to get this thing to mine development stage. So it's you know, we're I think, laying the groundwork for that. And, you know, it's going to take another few years, I think, before we realize that. But, you know, it's looking really good for us. And, you know, we're basically have our own and all our own district here that we can work with. So that should be, I think, pretty compelling to majors looking for new copper gold assets.

Trevor Hall [00:11:26] Yeah, there's a lot of activity up there in the Golden Triangle this year, and obviously 2020 looks to be more and we will continue to see expansion there through a number of different companies in the area. But we'll keep all of our listeners and investors up to date with Brixton news, particularly in the beginning of the new year. Be sure to run into there in Vancouver during the roundup conference and then also epidemic in March. Kerry, thank you so much for taking the time out of your day. And right before the holiday season to give us a little bit of a rundown of this news. Happy holidays and a happy new year to you. Your family know, your colleagues, their perks and medals. And thank you so much for your time.

Gary Thompson [00:12:07] Appreciate it. Yeah. Thanks a lot. Have a good, good holiday as well.

Trevor Hall [00:12:18] Before we let you go, I do want to just send out my most sincere happy holidays and a happy new year to all of you out there who listen every morning Mining Stock Daily and throughout the week. I really appreciate all the feedback, all of the e-mails and all the inquiries. I'd also like to spend a little bit of time giving special thanks to, well, our sponsors. Integra Resources. Pacific Empire Minerals, Western Copper and Gold and Association for Mineral Exploration. I look forward to seeing all of you in the New Year, specifically in Vancouver. The third week of January for the Roundup conference is going to be a really great time. And lastly, I would like to thank my partner and co producer for Mining Stock Daily. That's Mr. Dave Kranzler of the Mining Stock Journal and Investment Research Dynamics. Dave, you have no idea how much you have taught me in the last year and a half. I am very grateful for our friendship and everything that we've partnered on through this podcast. It's been one hell of a ride. So without further ado, we played this song last year as a tip of the hat to the holidays and to you for all of us out there, always looking for that buried treasure. Again, merry Christmas. Happy holidays. Happy New Year. We'll see you again in January as the new episode of Mining Stock Daily will air them. Take care, everybody. Be with.