Brixton Metals Commences Drilling At Its Langis Silver Project

Brixton Metals Commences Drilling At Its Langis Silver Project

Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the "Company" or "Brixton") is pleased to announce the launch of drilling activities at its wholly owned Langis Silver Project, located in the historic, silver rich Cobalt Camp of Ontario, approximately 500km north of Toronto (Figure 1). The site benefits from excellent infrastructure, including all-season road access, power, rail connections, and a refiner.

Highlights

  • The fully funded 2026 phase one drill campaign will comprise of approximately 15,000 meters of shallow near-surface drilling, targeting both the expansion and infill of established high-grade silver zones, as well as exploring new areas of mineralization along structural trends.
  • Silver mineralization at Langis occurs as native silver in veins, veinlets, disseminated, rosettes and fracture infill, often associated with minerals such as calcite, hematite, pyrite, cobaltite, chalcopyrite, niccolite and gold.
  • Rock grab samples from the Shaft 7 dump returned up to 182,065 g/t silver.
  • Previous drilling by Brixton has yielded 15 intercepts greater than 1000 g/t Ag, including 3 intercepts greater than 5000 g/t Ag in the Shaft 3 area;10 intercepts greater than 1000 g/t Ag and 5 intercepts greater than 5000 g/t Ag in the Shaft 6 area;
    • 11m of 2592 g/t silver, including 4m of 7018 g/t silver, Shaft 3 area
    • 17m of 970 g/t silver, including 11m of 1289 g/t silver, Shaft 3 area
    • 27m of 348 g/t silver, including 9m of 1037 g/t silver, Central area
    • 17.6m of 1251 g/t silver, including 1m of 15436 g/t silver, Shaft 6 area
    • 71m of 121 g/t silver, including 4m of 1186 g/t silver, Shaft 6 area

Chairman, CEO, Gary R. Thompson stated, "We are excited to commence drilling at the Langis Silver Project at a time when silver prices are exceptionally strong. This highly favourable silver market allows us to maximize the value of our exploration efforts for shareholders. Our main goal with this drill program is to expand the high-grade silver zones with sufficient drilling to establish an independent maiden mineral resource estimate at Langis. While most of the drilling by Brixton has focused on brownfield work in and around the mine workings, much of the project with favourable geology has yet to be drill tested, so the new discovery potential remains very high on the project."

Figure 1. Langis Silver Project location and claim map with historical mine workings.

Fig 1 NR Jan 12 2026

Discussion

The Langis Project is a primary silver brownfield exploration project with secondary gold and cobalt mineralization, which are believed to result from distinct mineralizing events. Mineralization has been identified near contacts with the Nipissing diabase, and at the unconformity between Archean Keewatin basement rocks and the overlying Huronian sediments (Figure 3). Many areas with favourable geology, away from the historical workings, remain to be drill-tested.

Silver is predominantly hosted in vertical, dilatant zones and shear veins, occurring as native silver and silver arsenide. To date, Brixton yielded 220 intervals exceeding 100 g/t Ag with 15 intercepts greater than 1000 g/t Ag, including 3 intercepts greater than 5000 g/t Ag in the Shaft 3 area, 10 intercepts greater than 1000 g/t Ag and 5 intercepts greater than 5000 g/t Ag in the Shaft 6 area, 2 intercepts greater than 1000 g/t Ag in the Central area.

Gold mineralization has been observed locally, particularly around the Shaft 6 area. Examples include drill hole LM-16-003, which returned 4.15m of 4.90 g/t gold, including 0.22m of 74 g/t gold (news release, dated October 18, 2016) and 0.5 meters grading 3.88 g/t Au in hole LM-22-254. Gold remains largely underexplored, and historically, it has not been analyzed in this area.

Since 2016, Brixton has conducted five drill campaigns, resulting in over 40,315 meters drilled at the Langis Project, with a focus on high-grade silver near historic workings. For the 2026 season, the company aims to extend and infill known high-grade silver zones and to test new targets within established structural trends. The goal is to lay the groundwork for a potential maiden resource estimate.

Figure 2. Plan Map of the Langis Mine workings and select drill intercepts.

Fig 2 NR Jan 12 2026w

All reported drill intercepts in the news release are drilled lengths, and true width has not been determined at this time.

Figure 3. Long section of Langis from A (west) to B (east), looking north.

Fig 3 NR Jan 12 2026

Table 1. Summary of the ten highest-grade silver drill holes completed by Brixton at the Langis Project between 2016 and 2022, as previously reported.

Area
Hole ID
From To Interval Silver
meter meter meter g/t
Shaft 3
LM-18-042 13.00 24.00 11.00 2592.88
including 19.00 23.00 4.00 7018.75
Shaft 3
LM-20-083 6.00 24.00 18.00 363.21
including 11.00 17.00 6.00 1078.82
Shaft 3
LM-20-133 16.60 33.60 17.00 970.46
including 16.60 27.60 11.00 1289.04
including 30.60 31.60 1.00 1500.00
Shaft 3
LM-20-131 8.90 33.90 25.00 282.70
including 8.90 14.90 6.00 1115.02
LM-18-044 9.00 22.00 13.00 504.52
including 12.00 18.00 6.00 1031.75
Central
LM-22-283 163.50 190.50 27.00 348.53
including 165.00 174.00 9.00 1037.43
Shaft 6
LM-18-016 149.00 166.60 17.60 1251.18
including 159.56 160.56 1.00 15436.00
Shaft 6
LM-16-003 179.41 188.51 9.10 720.40
including 179.41 185.47 6.06 1007.07
Shaft 6
LM-18-039 183.10 195.00 11.90 536.63
including 187.10 192.00 4.90 1155.14
Shaft 6
LM-21-219 117.80 188.80 71.00 120.91
including 135.80 139.80 4.00 1186.00
including 141.80 142.80 1.00 1490.00


About the Langis Project

The wholly owned Langis Silver Project includes a former producing mine, approximately 500 kilometres north of Toronto, Ontario, Canada, with excellent infrastructure. Silver mineralization is found as native silver and within steeply to moderately dipping veins, veinlets, disseminations, rosettes, and fracture infill, often associated with minerals such as calcite, hematite, pyrite, cobaltite, chalcopyrite, niccolite, and gold. Mineralization is hosted across three principal rock types: Archean Keewatin volcanic and metasedimentary rocks, Proterozoic Coleman Member sedimentary rocks of the Huronian Supergroup, and Proterozoic Nipissing diabase. The geological ore deposit model for this area is considered to be a continental rift-extensional deposition environment. Intermittently from 1908 to 1989, the Langis Mine produced 10.4 million ounces of silver at a head grade of 777.5 g/t silver or 25 opt silver. 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, silver mines in the Cobalt Camp have collectively produced over 500 million ounces of silver.

Qualified Person (QP)

Mr. Martin Ethier, P.Geo., is a consultant for the Company who is a Qualified Person as defined by National Instrument 43-101. Mr. Ethier has verified the referenced data and analytical results disclosed in this press release and has approved the technical information presented herein.

About Brixton Metals Corporation

Brixton Metals is a Canadian exploration company focused on the advancement of its mining projects. Brixton wholly owns four exploration projects: Brixton's flagship Thorn copper-gold-silver-molybdenum Project, the Hog Heaven copper-silver-gold Project in NW Montana, USA, which is optioned to Ivanhoe Electric Inc., the Langis and HudBay silver Projects in Ontario and the Atlin Goldfields Project located in northwest BC, which is optioned to Eldorado Gold Corporation. Brixton Metals Corporation shares trade on the TSX-V under the ticker symbol BBB, and on the OTCQB under the ticker symbol BBBXF. For more information about Brixton, please visit our website at www.brixtonmetals.com.

On Behalf of the Board of Directors

Mr. Gary R. Thompson, Chairman and CEO
info@brixtonmetals.com

For Investor Relations inquiries please contact: Mr. Michael Rapsch, Vice President Investor Relations. email: michael.rapsch@brixtonmetals.com or call Tel: 604-630-9707

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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, including statements that address potential quantity and/or grade of minerals, potential size and expansion of a mineralized zone, proposed timing of exploration and development plans, or other similar expressions. All statements, other than statements of historical fact included herein including, without limitation, statements regarding the use of proceeds. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the need for additional financing; operational risks associated with mineral exploration; fluctuations in commodity prices; title matters; and the additional risks identified in the annual information form of the Company or other reports and filings with the TSXV and applicable Canadian securities regulators. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.

Photos accompanying this announcement are available at:

https://brixtonmetals.com/wp-content/uploads/2026/01/Fig-1-NR-Jan-12-2026-scaled.png

https://brixtonmetals.com/wp-content/uploads/2026/01/Fig-2-NR-Jan-12-2026w-scaled.png

https://brixtonmetals.com/wp-content/uploads/2026/01/Fig-3-NR-Jan-12-2026-scaled.png


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Brixton Metals

Brixton Metals

Diversified exposure to copper, gold and silver with projects in North America

Diversified exposure to copper, gold and silver with projects in North America Keep Reading...

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Investor Insight

Brixton Metals offers high-impact copper-gold discovery potential at its flagship Thorn Project, supported by strategic investment from BHP and partner-funded exploration on non-core assets with Ivanhoe Electric and Eldorado Gold, providing diversified upside, technical validation and non-dilutive funding.

Overview

Brixton Metals (TSXV:BBB,OTCQX: BBBXF,FRA:8BX1) is a Canadian mineral exploration company focused on copper, gold, silver, and critical minerals across North America. Its flagship Thorn Project in British Columbia is a district-scale project with multiple porphyry and epithermal targets.

In addition to Thorn, Brixton Metals is strategically advancing non-core projects through partnerships and option agreements with companies such as Ivanhoe Electric (NYSE American:IE;TSX:IE) and Eldorado Gold (TSX:ELD,NYSE:EGO). These partnerships provide partner-funded exploration, allowing Brixton Metals to retain upside exposure while conserving capital and strengthening its balance sheet. This approach enables the company to focus on high-impact targets while mitigating exploration risk.

Brixton Metals' copper-gold exploration, BHP investment, and project monetization opportunities.

Brixton Metals’ management team, led by chairman and CEO Gary R. Thompson, brings decades of experience in resource exploration, project development, and capital markets. The team’s expertise allows the company to efficiently advance multiple projects while maintaining exposure to a diversified portfolio of metals.

With global demand for copper and critical minerals set to surge over the next 25 years—driven by renewable energy, electrification, and industrial decarbonization—Brixton Metals is well positioned to capitalize on this green revolution. By combining discovery potential at its flagship project, strategic monetization of non-core assets, and disciplined exploration, Brixton Metals is advancing toward its next growth milestones while delivering significant value for investors.

Company Highlights

  • Flagship Project: Thorn Project in BC, Canada – a fully owned, district scale copper-gold porphyry project on a 2,945 sq km claim block, on trend with BC’s prolific Golden Triangle.
  • Pipeline Projects: Includes Langis Project (Ontario, Canada), Hog Heaven (Montana, USA), Atlin Goldfields (BC, Canada), providing diversified exposure to copper, gold and silver
  • Partnerships: Strategic option agreements with tier-one companies such as Ivanhoe Electric and Eldorado Gold provide technical validation and fund exploration on non-core projects.
  • Shareholder Base: Strategic investors include, but are not limited to BHP (approx. 14.8 percent) and Crescat Capital
  • Management Expertise: Led by co-founder Gary Thompson, the management team has an average tenure of nearly 15 years, showing significant stability.
  • 2026 Outlook: With a recently closed $12.2 million financing, the company is fully funded for a 2026 program that includes a winter drill campaign at the Langis Silver Project (Ontario) to capitalize on record-high silver prices.

Map showing Brixton Metals' mining projects in Canada and USA, labeled with minerals and locations.

Key Projects

Thorn Project (BC, Canada)

The Thorn Project is Brixton Metals’ flagship project, covering approximately 2,945 sq km in northwestern British Columbia and located on trend of the province’s Golden Triangle, renowned for world-class porphyry and epithermal systems. The project hosts porphyry-style alteration with copper, gold, silver, and molybdenum, with significant exploration potential. The project is accessible via a 45-minute flight from Whitehorse, Yukon.

Map showing mining districts in Canada including Brixton Metals' Thorn project

Project Highlights:

  • Camp Creek Corridor: An 8-kilometer-long northeast-southwest trending corridor that hosts multiple underexplored porphyry-style prospects.
  • Trapper Target: High-grade gold intercepts demonstrate multiple vein systems with near-term resource potential.
  • Catalyst Target: First-ever drilling confirms copper-gold porphyry mineralization, advancing the exploration pipeline.
  • Tempest Target: Initial drilling reveals a multiphase porphyry system with copper-gold-silver-molybdenum mineralization and strong hydrothermal alteration.

Langis and Hudson Bay Projects (Ontario, Canada)

The Langis and Hudson Bay projects are primary silver-cobalt-nickel brownfield opportunities located in the historic Cobalt Mining District of Ontario, which has a regional production history of over 600 million ounces of silver. Both are past-producing, high-grade mines.

Since 2016, Brixton Metals has actively explored these sites, with drilling at Langis yielding over 220 intervals exceeding 100 g/t silver, including high-grade intercepts such as 15,436 g/t silver and 1.98 percent cobalt. The projects benefit from year-round road access and proximity to existing infrastructure, including a railway and the Electra Battery Metals cobalt refinery 10 km away.

Project Highlights:

  • Historic Mineralization: High-grade silver and cobalt intercepts in historical drilling.
  • Strategic Opportunity: Winter drill program to unlock additional shareholder value.
  • Exploration Upside: Property hosts brownfield exploration targets with known mineralization.
  • Critical Minerals Exposure: Adds battery metals to Brixton Metals’ diversified portfolio.

Hog Heaven Project (Montana, USA)

Located in western Montana, Hog Heaven is a historical silver-gold-copper property with significant porphyry potential. Hog Heaven is currently under an earn-in agreement where Ivanhoe Electric can earn up to 75 percent interest through staged cash payments and exploration expenditures. This arrangement provides funding for exploration while retaining Brixton Metals’ upside exposure.

The property contains multiple mineralized zones, including historical drill targets with notable copper, gold, and silver intercepts. Ivanhoe’s initial drilling has confirmed mineralization and highlighted the project’s potential for large-scale porphyry systems. Brixton retains exposure to exploration success while de-risking development costs.

Map showing Brixton Metals' Hog Heaven project location and nearby mines in Montana and Idaho.

Project Highlights:

  • Option Agreement: Ivanhoe Electric can earn up to 75 percent through funding exploration expenditures of US$40 million and cash payments of US$4.5 million to Brixton.
  • Mineralization: Historical drilling confirms copper, gold, and silver mineralization across multiple targets.
  • Exploration Focus: Targets include porphyry-style and epithermal systems.

Atlin Goldfields Project (British Columbia, Canada)

The Atlin Goldfields Project is located in northwestern British Columbia, an area historically known for placer gold production, offering strong potential for hard-rock gold discoveries. Brixton Metals has optioned the project to Eldorado Gold, which is funding exploration activities under a structured earn-in agreement.

Exploration at Atlin focused on identifying orogenic and intrusion-related gold targets, with early work confirming continuity of mineralization in key areas. The property benefits from proximity to historic mining infrastructure and geology conducive to high-grade gold zones, providing an attractive exploration and growth opportunity. Brixton has commenced drilling at the project and is targeting to complete initial drill testing of newly identified, structurally-focused targets in the Yellowjacket area.

Project Highlights:

  • Option Agreement: Eldorado Gold can earn 100 percent interest through staged exploration and cash payments: C$1.1 million cash and $5.35 million in work over five years. At the end of the option period, Eldorado has the right to exercise the option to acquire 100 percent ownership for a final cash payment of C$7 million.
  • Historic Production: Located near areas of historic placer gold production, indicating strong geological potential.
  • Exploration Targets: Focused on orogenic and intrusion-related gold deposits with high-grade potential.
  • Fully Funded Program: Partner-funded exploration reduces capital requirements while advancing project knowledge.

Management Team

Gary R. Thompson - Chairman, CEO, President and Director

Gary Thompson is a co-founder of Brixton Metals with over 25 years of experience in the resources sector, spanning precious and base metals, oil and gas, and geothermal energy. He has led public companies since 2006 and has held senior roles in both junior and major mining companies, including Newmont Mining, NovaGold Resources, and Encana Corporation. Thompson took Cayley Geothermal public in 2006 through the acquisition of Sierra Geothermal Power and served as CEO until its acquisition by Ram Power in 2010.

Cale Moodie – CFO and Director

Cale Moodie, a co-founder of Brixton Metals, has over 15 years of public markets experience. A CPA and serial entrepreneur, he has served as founder, CEO, CFO, director, and audit committee chair for multiple publicly traded companies on the TSXV and CSE. Moodie holds a Bachelor of Science from UBC and earned his CPA designation while working at KPMG in Vancouver. He has been involved in over $150 million in financings for resource and technology companies.

Michael Rapsch – Vice-president, Investor Relations

Michael Rapsch has over 18 years of capital markets experience in the resource sector, including senior roles in corporate communications and corporate development. He led investor relations and marketing programs for SilverCrest Mines until its acquisition by First Majestic in 2015, and from 2015 to 2018 managed investor relations for SilverCrest Metals, owner of the Las Chispas silver-gold project in Mexico. In 2019, he founded Cologne Communications, providing investor relations consulting to publicly traded resource companies, and has been instrumental in capital raises and market communications throughout his career.

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