Vancouver-based Brixton is pivoting from silver to cobalt at its Langis project about 500 km north of Toronto as it attempts to take advantage of the soaring demand for electric vehicle battery metals and proximity to a nearby processing plant under construction. A 7,000-metre drilling program focusing on cobalt is to be completed by Dec. 20, the company said.
“This program is set out to target cobalt-nickel mineralization specifically as the demand for battery metals increases,” Brixton vice president of exploration Christina Anstey said in the news release. “We are very excited that our first hole in 2022 has confirmed a high-grade of cobalt mineralization at the Langis project.”
Still, Langis is secondary to Brixton’s Thorn copper-gold porphyry project in British Columbia after giant BHP (NYSE: BHP; LSE: BHP; ASX: BHP) bought about a fifth of the company last month for C$13.6 million.
The explorer’s four previous…
