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World's largest miner closes investment with Brixton Metals

Michael McCrae

Kitco News

(Kitco News) - Brixton Metals announced last month that it closed an investment with BHP Group.

In November Thompson spoke to Kitco Mining at Deutsche Goldmesse in Frankfurt.

Brixton Metals (TSX-V: BBB) is a Canadian exploration company. Brixton wholly owns four exploration projects: its flagship Thorn copper-gold-silver-molybdenum project in northwest B.C., the Hog Heaven silver-gold-copper project in Montana, which is under option to Ivanhoe Electric. Other projects are Atlin Goldfields project in B.C. and the Langis-HudBay project in Ontario.

The investment from BHP Group will advance Brixton's Thorn project. BHP acquired 19.9% of Brixton. Total investment into Brixton after the deal closed was C$13.6 million.

Brixton said its Thorn is a district-scale copper play with multiple discoveries on the largest continuous claim block in B.C.

BHP Group is the investment arm of BHP Billiton, the world's largest diversified miner by market capitalization.

Kitco Mining's coverage of Deutsche Goldmesse was sponsored by Faraday Copper.

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By Michael McCrae

For Kitco News

Contact mmccrae@kitco.com
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