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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Drill Results Routine +

Brixton Metals Commences Drilling for Maiden Tailings Mineral Resource Estimate at the Langis Silver Project

Brixton targets tailings cash flow and a 60km drill campaign at Langis amid broader Thorn porphyry expansion.

By The Northwire Desk — AI Analysis Jun 18, 2026 · 07:30 BBB · 0.67 Brixton Metals Corporation
Executive Summary
  • Brixton Metals has initiated a dedicated sonic-drilling campaign to define a maiden Mineral Resource Estimate (MRE) from historic tailings at its Langis Silver Project in Ontario.
  • The company is simultaneously running a fully funded 60,000-meter 2026 bedrock drill program across three active rigs to expand known high-grade silver zones and test new structural targets.
  • Historical processing data (1956–1968) suggests 2.4–3.0 opt (~75–95 g/t) of unrecovered silver remains in the legacy waste, presenting a potential near-term cash flow opportunity.
  • The tailings initiative aligns with Ontario’s new Recovery of Minerals regime (effective July 1, 2025), which allows streamlined permitting via a Recovery and Remediation Plan.
  • An exploration target of 1.0 to 2.0 million tonnes grading 400–800 g/t silver is being tested, alongside metallurgical test work to optimize recovery parameters.
Material Impact
  • The commencement of tailings drilling and the continuation of the 60,000-meter bedrock program are expected operational milestones previously outlined in the January 2026 drill program announcement and May 2026 updates.
  • This release confirms capital deployment and execution pace rather than introducing fundamentally new data. It validates management's stated plan to advance toward a maiden resource estimate while exploring a unique tailings recovery pathway.
  • The news is positive but incremental. It does not alter the high-grade silver narrative established by the March 2026 results (which included an 82,334 g/t Ag over 0.5m intercept), but it shifts focus slightly toward near-term monetization and regulatory alignment via the tailings program.
  • Given the company's heavy cash burn and reliance on equity financing, any progress that hints at non-dilutive funding or near-term cash flow is viewed favorably, though it does not immediately resolve the liquidity timeline.
BBB · Price
Company Overview
  • Brixton Metals is a Canadian exploration and development company focused on precious and base metals, trading on the TSX Venture Exchange (BBB) and OTCQX (BBBXF).
  • Flagship assets include the Langis Silver Project in Ontario and the Thorn Project in British Columbia.
  • Langis is a past-producing silver mine (10.4 million ounces from 1908–1989) with a focus on high-grade silver-cobalt-nickel mineralization and historic tailings.
  • Thorn is a large, multi-target copper-gold-silver porphyry system featuring the Camp Creek, Catalyst, Tempest, and Trapper targets.
  • The company also holds the Hog Heaven project in Montana (optioned to Ivanhoe Electric) and the Atlin Goldfields project in BC (optioned to Eldorado Gold).
Read the original news release →

More from Brixton Metals Corporation

Oct 28, 2026 · 07:30

Brixton secures $6m flow-through financing to advance drilling at the Langis and Thorn projects.

Financings Oct 22, 2026 · 07:30

Brixton’s Swedish silver option adds strategic depth despite dilution and exploration risks.

M&A / Property Oct 20, 2026 · 07:30

Brixton’s Trapper infill confirms wide bulk gold with 97% recovery ahead of a mineral resource estimate due in the first quarter of 2027.

Drill Results Oct 14, 2026 · 07:30

Brixton discovered a new high-grade gold-copper-silver vein at the low-elevation Golden Valley target within the Thorn project.

Drill Results Oct 06, 2026 · 07:30

Brixton’s Langis step-out hit wide high-grade intervals, though market sentiment has cooled on repetitive discovery announcements.

Drill Results Sep 29, 2026 · 07:30

Brixton’s Glenfiddich deposit extends 580 m along strike at 0.5 g/t AuEq, highlighting scale rather than high-grade mineralisation.

Drill Results