Brixton Metals Corporation announced the 2023 results from the Atlin Goldfields diamond drill program. The project is located near Atlin, BC and within the Taku River Tlingit First Nation's traditional territory. Hole YJ-23-003 yielded 159.80m of 0.33 g/t Au from 55.00m depth, Including 35.00m of 0.77 g/t Au, Including 19.00m of 1.34 g/t Au, Including 0.45m of 38.1 g/t Au, Visible gold occurrence noted at 139.35 meters.

The 2023 exploration program at the Atlin Goldfields Project was limited to one drill hole collared at the Yellowjacket Target. Drill hole YJ-23-003 was 349.91m in length, drilling across the Pine Creek fault system and testing what appears to be several sub-parallel, gold-bearing quartz vein sets hosted by listwanitic altered ultramafic rocks, based on the historic drilling. Previous operators constrained drill exploration to 50 meters depth, with only limited drilling over 150 meters below the surface at the Yellowjacket Target.

The secondary aim of the 2023 drill program was to evaluate the potential for the Pine Creek Fault System to host mineralization beyond the previously tested depths. The Yellowjacket drill hole YJ-23-003 intersected several listwanite and ultramafic to mafic rock occurrences that hosted quartz-veining with gold mineralization. Mineralization was broadly observed from 55.00 to 214.8 meters grading 0.33 g/t Au and included five shorter intervals with grades over 1 g/t Au.

Visible gold was observed at 139.35m and assayed 38.1 g/t Au over 0.45m, within a 19.00m interval of 1.34 g/t Au. All assay values are uncut weighted averages and intervals reflect drilled lengths as further drilling is required to determine the true widths of the mineralization. The Atlin Goldfields Project is underlain primarily by Mississippian to Triassic-aged volcanic and sedimentary rocks of the Cache Creek Complex, including large packages of mafic and ultramafic rocks that are favourable hosts for gold mineralization.

Gold mineralization at the Yellowjacket Target appears to be controlled by the Pine Creek Fault system, a northeast trending, steeply-dipping, 60-to 80-meter-wide structure. The Pine Creek Fault hosts sub-parallel, moderately southeast-dipping, millimeter to centimeter scale quartz vein sets, which contain gold mineralization. The gold-bearing quartz veins preferentially occur within listwanitic rocks and other minor fault contacts with ultramafic rocks within the Pine Creek system.

Gold mineralization occurs as native gold, with associated pyrite, chromite and mariposite. Most of the streams and rivers across the Atlin Goldfields Project have produced placer gold for over 125 years. Although several hard rock exploration companies have worked the area, the lode gold source of the abundant placer gold in the area has not yet been identified.

The Atlin Goldfields Camp holds the Canadian record for the largest gold nugget, which weighed 2.6 kg or 85 oz, and was discovered on Spruce Creek (BCGS Paper 2017-1, p.179-193). In addition to the Yellowjacket Target, the property hosts numerous under-explored orogenic and intrusion related gold targets. The Atlin Goldfields Project is available for earn-in option, joint venture, or sale.

Brixton is actively looking for a partner to advance this project and assist with the lode gold discovery in Atlin.