Brixton Metals BBB Langis 4

Brixton Metals (BBB.V) appears to be zeroing in on the high-grade silver mineralization on its Langis silver-cobalt project in Ontario. Several holes intersected relatively wide mineralized intervals with very high-grade silver values: 6 meters at in excess of 4,700 g/t, 8 meters at in excess of 810 g/t and a subsequent 3 meters of just 43.97 g/t silver but 1.23% cobalt (for a silver-equivalent grade of almost 2,000 g/t using $35 cobalt and $15 silver are nothing to sneeze at. On top of that, this last hole which contained the high-grade cobalt values has not been drilled before, so this could open up a whole new area to be explored in future drill programs.

Brixton Metals BBB Langis 3

Brixton has now completed almost 7,000 meters of drilling at Langis, and it looks like the company was more successful in identifying and confirming high-grade silver zones rather than hitting the cobalt intersections we had been hoping for. Sure, anything above 0.1% cobalt will make a fine by-product credit (as every 0.1% Cobalt is the equivalent of 5 ounces of silver per tonne), but it doesn’t look like Langis will be a primary cobalt deposit.

This definitely doesn’t mean Langis will be worthless, and it will be interesting to see how Brixton will be able to tie everything together into a resource estimate.

Go to Brixton’s website
The author has a long position in Brixton Metals. Brixton is a sponsor of the website. Please read the disclaimer

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