World's largest miner closes investment with Brixton Metals

Kitco Media
By Michael McCrae
Published
Updated
Kitco News
The Leading News Source in Precious Metals

Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage (often exclusive) of important industry events and analyses of market-affecting developments.

(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.


Returning to Alaska's first underground gold mine - Heliostar Metals' Unga project

Kitco Media

Michael McCrae

Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.

Mdi Earth Logo

Share

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.