Junior Miner Intersects Up to 15,522 g/t Silver at Historic Ontario Project

2026-03-10 11:37:48 ET

While much of the world remains fixated on the daily gyrations in crude oil prices, both gold and silver have quietly begun to regain their footing after a euphoric surge brought their rallies to a halt in late January. Since then, both metals have been forming higher lows and higher highs, signals that technicians often interpret as confirmation that the broader uptrends remain intact despite near-term volatility.

This renewed optimism is gradually making its way into mining stocks, which are finding support amid rising commodity prices and ongoing geopolitical tensions that continue to push investors toward the sector. One junior miner that appears to be rebounding from a strong support level is attracting significant investor attention this morning after releasing encouraging assay results.

Brixton Metals (TSX-Venture: BBB) (OTCQB: BBBXF) reported the first assay results from its ongoing 2026 exploration program at the Langis Silver Project in Ontario, a past-producing mine located roughly 500 kilometres north of Toronto with strong infrastructure including year-round road access, rail service, power, and nearby refining facilities. The current drill campaign is aimed at expanding and infilling known high-grade silver zones while also testing new mineralized targets along key structural trends. So far this year, the company has completed approximately 6,226 metres of drilling across 32 holes, with assay results from nine holes now released.

Among the early highlights, hole LM-26-296 returned 14.35 metres grading 708.7 grams per tonne (g/t) silver starting at 116 metres, including a very high-grade interval of 0.5 metres grading 15,522 g/t silver. Another hole, LM-26-301, intersected 14.45 metres averaging 721.4 g/t silver from 109.55 metres, which included a 1.75-metre section grading 5,791 g/t silver. Several additional holes have also encountered notable silver mineralization, reinforcing the project’s potential for further high-grade discoveries.

The wholly owned Langis Silver Project includes a former producing Langis silver mine operated by Agnico and was closed in 1989 due to low silver prices. Intermittently from 1908 to 1989, the Langis Mine produced 10.4 million ounces of silver at a head grade of 25 opt. Reported silver recoveries at Langis were 88% to 98%. Over 10km of underground workings were developed by previous operators; however, shafts and openings have been capped and sealed. Historically, mines in the Cobalt Camp have collectively produced over 500 million ounces of silver.

Chairman, CEO, Gary R. Thompson stated, “We are delighted to report the first batch of drill results from the Langis 2026 drill program. Langis continues to deliver strong silver grades at shallow depths and silver mineralization remains open in multiple directions. Drilling continues in the Shaft 6 area with the goal of developing new mineralized trends away from the underground workings. In addition, Brixton plans to evaluate and quantify silver in its tailings on private patents at Langis. Samples collected by the previous owners returned between 1.5 and 4.0 opt silver from these tailings. Sonic grid drilling and metallurgical work is planned as soon as spring arrives.”

Shares of BBB are currently up 9.09% at $1.08, while U.S. listed shares (BBBXF) remain unchanged on the day at $0.07.

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