Brixton Metals Drills 112 g/t Gold Over 0.50m with Visible Gold Within 23.50m of 3.33 g/t Gold at Trapper Target

Brixton Metals Drills 112 g/t Gold Over 0.50m with Visible Gold Within 23.50m of 3.33 g/t Gold at Trapper Target

Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the " Company " or " Brixton ") is pleased to announce additional drill results from the Trapper Gold Target from the 2025 season. High-grade intervals were observed, in cases accompanied by visible gold. A total of 6272m was drilled at the Trapper Target from 30 holes this season. Assays are pending for the remaining 10 holes. The zone remains open for expansion in multiple directions. This news release presents assay results for gold only, with the exception of hole THN25-360, for which partial results for other elements are included. Multi-element data will be disclosed once received.

Highlights

  • Hole THN25-360 returned 18.50m of 3.39 g/t gold, 7.45 g/t silver, and 0.57% zinc from 90.50m depth.
    • Including 3.00m of 15.69 g/t gold, 31.57 g/t silver, and 2.33% zinc from 96.00m depth.
  • Hole THN25-361 returned 23.50m of 3.33 g/t gold from 92.00m depth.
    • Including 0.50m of 112.00 g/t gold from 112.00m depth.
  • Hole THN25-363 returned 25.50m of 3.16 g/t gold from 116.00m depth.
    • Including 2.65m of 7.38 g/t gold from 122.00m depth.
    • Including 0.50m of 10.80 g/t gold from 127.15m depth.
    • Including 8.35m of 4.63 g/t gold from 133.15m depth.

Chairman, CEO, Gary R. Thompson stated, " We are thrilled to share another round of strong drill results from the Trapper Gold Target, which continue to underscore the exceptional potential of this emerging gold system. The intercept reported earlier this season of 22.15 meters grading 4.44 g/t gold, including a high-grade interval of 1.50 meters at 57.20 g/t gold, is particularly encouraging and speaks to the robust mineralization we're seeing at depth. These results reinforce our confidence in the scale, grade, and continuity of the Trapper zone. With assays still pending and the zone remaining open for expansion, we believe we are only beginning to uncover the full extent of this exciting target. "

Figure 1. Trapper Gold Target Plan Map for Holes THN25-360, THN25-361, and THN25-363.

NR 12Nov2025 Figure 1

Figure 2. Cross Section Looking South Showing Holes THN25-360, THN25-361, and THN25-363.

NR 12Nov2025 Figure 2

Table 1. Select Assay Intervals in Holes THN25-360, THN25-361, and THN25-363.

Hole ID From To Interval Gold Silver Zinc
meter meter meter g/t g/t %
THN25-360 90.50 109.00 18.50 3.39 7.45 0.57
including 96.00 99.00 3.00 15.69 31.57 2.33
THN25-361 92.00 115.50 23.50 3.33 Multi-element assays pending
including 92.50 94.00 1.50 4.16
including 112.00 112.50 0.50 112.00
THN25-363 60.00 72.50 12.50 1.99
including 68.50 72.50 4.00 4.32
THN25-363 116.00 141.50 25.50 3.16
including 122.00 124.65 2.65 7.38
including 127.15 127.65 0.50 10.80
including 133.15 141.50 8.35 4.63


Assay values are weighted averages. Reported intervals are drilling length, and the true width of the mineralized intervals has not yet been determined.

Discussion

Drill holes THN25-360, THN25-361, and THN25-363 were strategically positioned to test and infill the interpreted central upper mineralized body at the Trapper Target. All holes were collared from the same location. These holes were oriented to intersect the mineralized trend perpendicularly, aiming to assess the potential true width of the mineralized zone (Figure 2).

Gold mineralization at the Trapper Target is hosted within Triassic lapilli tuff, which has been intruded by Cretaceous quartz diorite and feldspar porphyry dikes of undetermined age. The mineralized zones are associated with vein assemblages containing pyrite, sphalerite, and galena. All three lithological units contain gold, with higher-grade intervals typically found near the contacts between these units, while lower-grade mineralization is present between the reported intervals. In addition to gold, mineralization at Trapper is accompanied by silver, zinc, lead, and copper. For example, hole THN25-360 returned high-grade gold alongside significant silver and zinc values (Figure 5). Analytical results for silver and other elements in holes THN25-361 and THN25-363 are currently pending from the laboratory.

The three holes intercepted mineralization over intervals ranging from 18.5m to 25.5m, with gold grades above 3.33 g/t Au. High-grade intervals were observed in all holes, including visible gold, as seen in hole THN25-361 (Figures 3 and 4), with 112.00 g/t Au over 0.5m.

Figure 3. Photograph of HQ Size Core, showing mineralization in Hole THN25-361 at 112.2m with visible gold within veins of pyrite, sphalerite, chalcopyrite, and galena.

NR 12Nov2025 Figure 3

Figure 4. Close-up Photograph of HQ Size Core, showing visible gold in Hole THN25-361 at 112.2m.

NR 12Nov2025 Figure 4

Figure 5. Representative core boxes of holes THN25-360, THN25-361 and THN25-363 showing high-grade gold mineralized intervals.

NR 12Nov2025 Figure 5

Table 2. Collar Information for Holes THN25-360, THN25-361, and THN25-363.

Hole ID Easting (m) Northing (m) Elevation (m) Azimuth Dip Depth (m)
THN25-360 630373.9 6485598 1276 215 -60 176
THN25-361 630373.9 6485598 1276 215 -45 164
THN25-363 630373.9 6485598 1276 215 -80 188


Quality Assurance & Quality Control

Quality assurance and quality control protocols for drill core sampling were developed by Brixton. Core samples were mostly taken at 1.5m intervals. High-grade intervals were taken at 0.40m to 1.00m intervals. Blank, duplicate (lab pulp), and certified reference materials were inserted at a combined rate of up to 15%. Core samples were cut in half, bagged, zip-tied, and sent directly to the ALS Minerals preparation facility in Whitehorse, Yukon, or Langley, British Columbia, depending on available lab capacity. ALS Minerals Laboratories is registered to ISO 9001:2008 and ISO 17025 accreditations for laboratory procedures. Samples were analyzed at ALS Laboratory Facilities in North Vancouver, British Columbia, for gold by fire assay with an atomic absorption finish. Ag, Pb, Cu, and Zn, as well as 48 additional elements, were analyzed using a four-acid digestion with an ICP-MS finish. Overlimits for gold were analyzed using fire assay and gravimetric finish. The certified reference materials were acquired from CDN Resource Laboratories Ltd. of Langley, British Columbia, and the standards inserted varied depending on the type and abundance of mineralization visually observed in the primary sample. Blank material used consisted of non-mineralized siliceous landscaping rock. A copy of the QAQC protocols can be viewed at the Company's website.

Qualified Person (QP)

Miss Madeline Berry, P.Geo., is a Project Geologist, who is a Qualified Person as defined by National Instrument 43-101. Miss Berry 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 advancing 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-HudBay silver-cobalt-nickel Project 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.

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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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