Core Insights - Brixton Metals Corporation announced positive exploration results from the Hog Heaven Project, operated by Ivanhoe Electric, highlighting significant copper-gold findings [1][3][5] Exploration Results - Initial drilling at the Battle Butte Area has intersected a porphyry copper-gold-molybdenum system, with a large Typhoon™ conductivity anomaly detected at 1,200 meters depth [3][4] - The porphyry system is believed to start at approximately 900 meters depth, with a vertical thickness of 800 meters and dimensions of at least 600 meters by 400 meters, remaining open to the east and northeast [4][5] - Drilling results include broad intervals of low-grade mineralization with a gold-to-copper ratio near one-to-one, and higher-grade sub-intervals associated with the copper sulphide mineral bornite, which contains approximately 63% copper by weight [4][5] Drilling Details - Exploration drilling at the Hog Heaven Project included approximately 14,000 meters across eleven drill holes, with significant findings in both the Battle Butte Area and the Flathead Mine area [7] - Notable drill hole results include HHD-018, which returned 286.0 meters of 0.14% copper and 0.14 g/t gold from a depth of 947.0 meters, and HHD-019, which returned 680.0 meters of 0.09% copper and 0.06 g/t gold from 1,172.0 meters depth [8][12] Project Background - The Hog Heaven Project is an advanced-stage exploration project historically known for high-grade silver, gold, and copper production, with significant historical outputs from 1913 to 1975 [16] - Ivanhoe Electric has an earn-in agreement with Brixton, allowing it to earn up to a 75% interest in the project by making cash payments totaling USD 4.5 million and incurring USD 40 million in exploration expenditures by 2032 [17]
Brixton Metals Provides Results from Ivanhoe Electric's 2024 Drilling at the Hog Heaven Project, Montana, USA