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Lab Report | July 21 Deep Dive on Brixton

CEO.CA Jul 21, 2026 13:43

Summary

Brixton Metals reported 5,015 g/t (grams per tonne) silver over 20 metres at Langis, in the historic silver camp of Cobalt, Ontario.

A new Brownfield zone — fresh ground in a historic mining camp — shows bonanza-grade (exceptionally rich) silver across three stacked rock layers.

Bonanza hits usually sit in narrow one-to-five-metre veins, the host notes, so a 20-metre intersection at these grades stands out.

The stock rose about 6%; the host reads thin offers against strong bids and watches a placement whose shares free-trade in 21 days.

Drilling toward a resource estimate (a formal tally of in-place metal) on historic tailings continues; the host thinks early tailings mining could fund exploration.

Gary Thompson's takeaways

  • Top takeaway In the release quoted on the video, Brixton's CEO frames hole 377 as one of the highest reported silver intercepts globally and describes the Shaft 6 Southeast area as effectively a new brownfield discovery where no underground workings exist, based on historical publicly available data.
  • He highlights that hole 377 sits approximately 140 meters east of previously reported hole 290, which returned 11 meters at 4,560 g/t silver, presenting the result as a successful step-out.

Allan Barry Laboucan's takeaways

  • Top takeaway The host is strongly positive on the Langis results, insisting the intercepts are bonanza grade regardless of regulatory wording and saying Brixton looks to have found a jewelry box full of bonanza-grade silver at the Shaft 6 Southeast target.
  • He argues the geology, high-grade silver repeating in three rock packages which he likens to three layers of a cake along one stratigraphic horizon over 500+ meters with only a few holes in between, indicates a powerful mineralizing system worth following even deeper.
  • He contends hole 353's 13 meters at 287 g/t silver is around the grade that makes a silver mine in his experience living in Mexico, so the story stands even setting aside the bonanza sub-intervals (2.15 m at 1,634 g/t and 0.65 m at 4,320 g/t).
  • On the market, he flags that the offers are thin while the bids are strong as a good indicator the stock could go up, and expects the news to catch a lot of attention after the stock's earlier run alongside other silver and gold companies.
  • He speculates the tailings drilling is meant to prove up enough silver for early mining that could help pay for ongoing exploration, and encourages investors to study the drilling details and release themselves.