Hunter Gammage of Atlas Drilling at Outlaw zone hole THN14-128. June 15, 2014.
As gold-focused investors are well aware, there are so many companies hoping to produce the yellow metal that it can be difficult to separate the wheat from the chaff. One company that seems worth keeping an eye on is Brixton Metals (TSXV: BBB). It's focused on advancing the high-grade gold and silver prospects at its British Columbia-based Thorn project towards feasibility, and is having no shortage of success. Indeed, at the end of last year, Visual Capitalist ranked Thorn as having the most potential "to become a quality future resource" in a survey of 57 exploration companies in the province. A quick look at Brixton's website shows what makes Thorn so promising. The 28,000-hectare property covers a district-scale area and includes sediment-hosted gold in the Outlaw zone, porphyry-related diatreme breccia in the Oban zone and high sulfidation veins in the Talisker and Glenfiddich zones. Even more impressive is the fact that Thorn shares "many similarities" to world-class deposits like Mexico's Penasquito and Chile-based El Indio.
Lochlen Clarke of Atlas Drilling at Glenfiddich zone hole THN14-125. June 10, 2014.
Gary Thompson, chairman and CEO of Brixton, told Gold Investing News last month that to unlock Thorn's potential, the company has been drilling at its Glenfiddich and Outlaw zones. Recently, results from that work were announced, with Brixton stating last week that it has completed 464 meters in four holes at Glenfiddich and 823 meters in four holes at Outlaw. According to the company, highlights include the discovery of a new sediment-hosted gold zone at Outlaw — hole 128 returned 59.65 meters of 1.15 g/t gold and 5.64 g/t silver from 76 meters depth. That includes 9 meters of 3.08 g/t gold and 10.77 g/t silver.