Brixton Metals Yields up to 33% Copper and 39 g/t Gold from 2023 Surface Sampling Results at the East Target and South Target, Thorn Project

Press Release

October 24, 2023 – Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to report new assay results from surface rock samples collected in 2023 on the South Target, East Target, and Metla Target as well as additional regional targets across the Thorn Project. Brixton has 14 recognized copper-gold-silver targets at the wholly owned Thorn Project, located in Northwestern British Columbia, Canada.

The 2023 exploration season at the Thorn Project has concluded with a total of 16,730.92m drilled this year. Drill results and geochemical assay results will be released as they are received.

Geochemical Highlights

• 12 rock grab samples yielded greater than 1% copper and 3 rock grab samples assayed greater than 1 g/t gold at the East Target
  • Sample D132610 assayed 33.3% Cu, 7.0 g/t Au and 238 g/t Ag
  • Sample D132601 assayed 20.8% Cu, 0.9 g/t Au and 149 g/t Ag

• 14 rock grab samples yielded greater than 1 g/t gold with 7 samples yielding greater than 5 g/t gold at the South Target
  • 4 rock grab samples assayed greater than 10 g/t Au
  • Sample D200985 assayed 39.0 g/t Au and 65.9 g/t Ag
  • Sample D200991 assayed 19.7 g/t Au, 142 g/t Ag and 0.1% Cu
  • Sample D200986 assayed 14.6 g/t Au, 120 g/t Ag and 0.1% Cu
  • Sample D200994 assayed 5.4 g/t Au, 373 g/t Ag and 0.5% Cu
  • Sample D200927 assayed 3.5% Cu and 15.6 g/t Ag
• 9 rock grab samples yielded greater than 1% copper and 3 rock grab samples assayed greater than 1 g/t gold at the Metla Target
  • Sample D200565 assayed 3.0% Cu, 0.6 g/t Au, and 75.9 g/t Ag
  • Sample D200564 and 2.6% Cu and 104 g/t Ag
  • Samples D200882 and D200891 assayed 4.2 g/t Au and 23.0 g/t Ag and 3.5 g/t Au and 33.8 g/t Ag respectively
• 7 rock grab samples yielded greater than 1% copper and 2 rock grab samples assayed greater than 1 g/t gold at the Plum Target
  • Sample D201553 assayed 13.0% Cu, 0.9 g/t Au and 30.3 g/t Ag
  • Sample D200635 assayed 9.9 g/t Au and 0.4% Cu
• 7 rock grab samples yielded greater than 1% copper at the South Trapper Target

2023 Surface Sampling Summary

The 2023 exploration season at the Thorn Project concluded on October 18^th, 2023 and a total of 1269 rocks, 1636 soils and 62 talus fine samples were collected. Surface geochemical sampling was conducted across multiple target zones including the Metla, Plum, Trapper, North, East, West and South Targets as well as additional regional target areas across the project. Regional fieldwork was focused on advancing early-stage exploration targets, such as the Metla Target, North Target, and Bing Zone (which is part of the East Target), with the goal of generating drill-ready targets for the 2024 field season. Additional reconnaissance geochemical sampling has also been completed on multiple regional exploration target areas across the 2,880 km² contiguous claim block to test new areas for potential porphyry and epithermal style mineralization. While the majority of 2023 surface sample assay results are yet to be received, highlights from recent assay results are reported herein for the South, East, Metla, Plum, and Trapper Targets.

Figure 1. Location Map of the Thorn Project with Copper Geochemistry.

Solstice Zone – South Target

The Solstice Zone is part of the South Target claims, which were acquired by Brixton in 2018 and is a vein-hosted Au-Ag target located ~44km south of Thorn Camp. Prior to 2023, minimal fieldwork had been completed by Brixton field crews, with only limited historical work conducted in the area, including a British Columbia Geological Survey (BCGS) regional silt sampling program where one sample returned 60ppb gold. Fieldwork in 2023 consisted of reconnaissance prospecting in areas upstream and around the historic silt sample to identify a potential source of the gold mineralization. Prospecting at the Solstice Zone was successful in identifying previously undiscovered polymetallic quartz veins containing pyrite +/- galena +/- sphalerite +/- sulfosalts and rare visible gold. Mineralized veins are hosted within a deformed, bi-modal succession of Carboniferous age Stikine Assemblage volcanic and sedimentary rocks. Additional work is required in 2024 to characterize this exploration target and define the extents of mineralization in the area.

Initial assay results from the 2023 program at South Target yielded anomalous gold values with 14 rock grab samples yielding greater than 1 g/t gold and 7 samples yielding greater than 5 g/t gold including, 39.0 g/t gold and 19.7 g/t gold from samples D200985 and D200991, respectively. Highlights from the 2023 sampling program at South Target are listed in Table 1 and illustrated in Figure 2.

Figure 2. Location Map of the South Target with Gold Geochemistry.

Icy Zone – East Target

The Icy Zone is part of the East Target area, located ~45km east of Thorn Camp and acquired by Brixton in 2022. Historic work on the claims included geological mapping, surface geochemical sampling and limited diamond drilling, which identified a broad area of porphyry-copper style mineralization. The 2023 exploration program focused on following-up on historic results as well as expanding outward from the historical focus areas through a combination of mapping, prospecting, and soil sampling. Sampling in 2023 was successful in discovering high-grade copper veins adjacent to the historic focus area, outcropping along an east-west trending drainage. Quartz veins are hosted in both foliated diorite and syenite with moderate pervasive hematite-carbonate alteration and contain bornite +/- chalcocite +/- chalcopyrite. The initial assay results from surface rock samples are listed in Table 2 and illustrated in Figure 3 and include 33.3% Cu, 7.0 g/t Au and 238 g/t Ag from sample D132610.

Figure 3. Location Map of the Icy Zone, East Target with Gold & Copper Geochemistry.

Metla Target

The Metla Target is an early-stage porphyry-epithermal target located 25km southeast of Thorn Camp, situated on claims that were acquired by Brixton in 2020. A large geochemical sampling program completed in the 2022 field season returned significant assay results for both gold and copper. See NR dated ‘January 23^rd, 2023’. Initial assay results from the 2023 season were reported in NR dated ‘September 6^th, 2023’ and subsequent assays are reported herein with many assay results pending for the 2023 sampling program at the Metla Target.

Fieldwork at Metla in 2023 focused on expanding upon 2022 results through geological mapping and geochemical sampling with the goal of generating drill-ready targets for the 2024 exploration program. Highlights from recent assay results are listed in Table 3. A total of 9 rock grab samples assayed greater than 1% copper and 3 samples assayed greater than 1 g/t gold, including 3.0% Cu, 0.6 g/t Au, and 75.9 g/t Ag from rock grab sample D200565 and 4.2 g/t Au and 23.0 g/t Ag from sample D200882.

Figure 4. Location Map of the Metla Target with Gold & Copper Geochemistry.

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