Drill Results
Silver's Deficit Decade Has Investors Hunting Grade - and One Cobalt Camp Junior Just Pulled 61,389 g/t Over 0.30 Metres
Brixton reports ultra-high-grade silver intersections at Langis, accelerating the project toward a maiden resource estimate.
Executive Summary
- Brixton Metals reported drill results from its ongoing 2026 campaign at the Langis Silver Project in Ontario.
- Hole LM-26-341 intersected 27.7m averaging 166.45 g/t Ag, including a 2.3m interval grading 1,811 g/t Ag.
- The company reached a major milestone of 60,000 meters of total project drilling, with 14,760.65m completed across 72 holes in 2026.
- A second drill rig is now operational to meet the annual 60,000m goal.
- Results confirm continuity of ultra-high-grade, vein-hosted silver mineralization south of Shaft 6, advancing the company toward its maiden mineral resource estimate.
- Historical context notes the Langis Mine produced 10.4 million ounces of silver between 1908 and 1989 at a head grade of 777.5 g/t Ag.
Material Impact
- The June 1, 2026 release is a direct continuation of the exceptional drilling campaign that began in January 2026. Previous releases in March and May 2026 already delivered world-class intercepts, including 82,334 g/t Ag over 0.5m and 9,421 g/t Ag over 6.8m.
- The June results are fully in line with previous expectations and the established structural model. They do not introduce new geological surprises but rather validate the continuity of the high-grade zones.
- The addition of a second drill rig and the 60,000m milestone demonstrate strong operational execution and capital deployment.
- Given that the market has already priced in the high-grade nature of the Langis project through previous announcements, this update is incremental. It supports the timeline for a maiden resource estimate but lacks the unexpected catalyst required for a material re-rating.
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Company Overview
- Brixton Metals is an exploration and development company focused on advancing high-grade silver and copper-gold projects in Canada.
- Flagship Project: Langis Silver Project (Ontario). A historic producer known for ultra-high-grade native silver veins often associated with cobalt and nickel. The company operates the TTL Laboratories, a permitted high-grade milling facility, and is utilizing a hydrometallurgical process to recover technical-grade cobalt sulphate.
- Secondary Project: Thorn Project (British Columbia). A district-scale property hosting multiple copper-gold porphyry targets, including Catalyst, Tempest, and Trapper. The project features broad, shallow mineralization with significant gold, copper, and silver intercepts.
- Optioned Assets: Hog Heaven Project (Montana, optioned to Ivanhoe Electric) and Atlin Goldfields Project (British Columbia, optioned to Eldorado Gold).
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Jun 30, 2026 · 07:30