Brixton Metals Reports the Balance of its 2025 Drill Results at the Trapper Gold Target

Brixton Metals Reports the Balance of its 2025 Drill Results at the Trapper Gold Target

Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the " Company " or " Brixton ") is pleased to announce updated and complete assay results from the Trapper Gold Target at its wholly owned Thorn Project in northwestern British Columbia. This release includes multi-element results for all remaining holes from the 2025 campaign, as well as updated intervals for previously reported drill holes where only gold was disclosed. A total of 6272m was drilled at the Trapper Target from 30 holes this season. The Trapper gold zone remains open for expansion.

Highlights

  • Gold and silver mineralization were intersected in drilling at the Trapper Gold Target, extending up to 1km away from the main mineralized zone, within the NW-SE trending gold-in-soil anomaly.

  • Hole THN25-358 returned 3.00m of 4.27 g/t gold and 11.63 g/t silver from 51.70m depth

  • Hole THN25-352 returned 1.50m of 4.62 g/t gold and 5.06 g/t silver from 28.5m depth

  • Hole THN25-364 returned 1.20m of 11.45 g/t gold and 9.21 g/t silver from 119m depth

Additional significant intervals in Table 1.

Holes with previously reported gold values now including silver values

  • Hole THN25-344 returned 38.50m of 4.07 g/t gold and 6.71 g/t silver from 191.00m depth

    • Including 1.85m of 39.61g/t gold and 30.91 g/t silver from 220.00m depth

  • Hole THN25-345 returned 22.15m of 4.44 g/t gold and 3.45 g/t silver from 203.85m depth

    • Including 3.00m of 28.83 g/t gold and 14.18 g/t silver from 223.00m depth

  • Hole THN25-361 returned 23.50m of 3.33 g/t gold and 3.36 g/t silver from 92.00m depth

    • Including 0.50m of 112.00 g/t gold and 45.30 g/t silver from 112.00m depth

Additional significant intervals in Table 2.

Chairman, CEO, Gary R. Thompson stated, "We are very pleased to deliver the multi-element assay results from the 2025 Trapper Gold Target campaign. These results not only confirm the continuity of high-grade gold mineralization but also demonstrate the presence of significant silver intervals across the target area. The updated data from previously reported drill holes, combined with new results from the remaining holes, further expand our understanding of the Trapper system and reinforce its potential for a large-scale mineralized system. We look forward to advancing exploration at Trapper and the broader Thorn Project as we continue to unlock value for our shareholders."

Figure 1. Plan Map of all 2025 Drill Collars within the Trapper Target. Long section A-B on Figure 2.

Figure 1 NR 16Dec2025

Table 1. Select Assay Intervals for holes at the Trapper Target.

Hole ID From To Interval Gold Silver
meter meter meter g/t g/t
THN25-349 39.24 39.78 0.54 0.68 13.20
THN25-350 6.68 8.00 1.32 0.44 7.29
THN25-352 9.50 10.60 1.10 1.71 2.18
28.50 30.00 1.50 4.62 5.06
THN25-353 81.50 83.00 1.50 0.52 11.75
THN25-355 no significant intervals
THN25-357 no significant intervals
THN25-358 51.70 54.70 3.00 4.27 11.63
129.00 130.50 1.50 3.32 14.55
THN25-359 3.00 5.60 2.60 1.69 8.16
34.00 38.50 4.50 1.85 4.67
79.50 82.50 3.00 1.84 10.74
THN25-364 119.00 120.20 1.20 11.45 9.21
THN25-364 151.40 153.00 1.60 5.83 23.97
including 151.40 152.00 0.60 12.15 37.80


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

Table 2. Select Assay Intervals for updated silver values at Trapper Target.

Hole ID From To Interval Gold* Silver
meter meter meter g/t g/t
THN25-337 23.50 33.50 10.00 3.06 8.75
including 27.10 33.50 6.40 4.61 8.74
THN25-337 95.00 99.00 4.00 1.44 6.85
THN25-339 16.00 31.00 15.00 2.26 9.15
including 22.00 25.00 3.00 4.68 19.24
THN25-339 53.50 58.50 5.00 2.60 4.51
including 57.00 58.50 1.50 6.70 8.94
THN25-339 76.00 77.50 1.50 7.06 27.95
THN25-339 242.50 244.00 1.50 2.61 8.06
THN25-339 278.50 280.00 1.50 2.62 4.46
THN25-339 288.05 291.00 2.95 1.83 10.28
THN25-342 210.00 214.00 4.00 2.22 3.56
THN25-344 191.00 229.50 38.50 4.07 6.71
including 220.00 221.85 1.85 39.61 30.91
THN25-344 281.65 288.00 6.35 1.81 3.77
THN25-345 203.85 226.00 22.15 4.44 3.45
including 223.00 226.00 3.00 28.83 14.18
THN25-361 92.00 115.50 23.50 3.33 3.36
including 92.50 94.00 1.50 4.16 7.21
including 112.00 112.50 0.50 112.00 45.30
THN25-363 60.00 72.50 12.50 1.99 4.36
including 68.50 72.50 4.00 4.32 4.45
THN25-363 116.00 141.50 25.50 3.16 7.81
including 122.00 124.65 2.65 7.38 19.93
including 127.15 127.65 0.50 10.80 28.30
including 133.15 141.50 8.35 4.63 7.49


*Gold values previously reported.

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

Discussion – Trapper Gold Target

The 2025 campaign focused on expanding the known gold and silver mineralization within the central mineralized area and testing the continuity of mineralization, as observed in the 4 km-long, northwest-southeast-trending gold-in-soils anomaly (Figure 1). This strategic approach aimed to build on previous successes and further delineate the extent of high-grade gold zones at the Trapper Target (Figure 2).

The 2025 drill program successfully continued to demonstrate the significant gold and silver endowment of the Trapper Target. This year, a total of 6,272 meters were drilled across 30 holes, with the best intercepts represented by hole THN25-344, which returned 38.50 meters of 4.07 g/t gold and 6.71 g/t silver from 191.00 meters, and hole THN25-345, which returned 22.15 meters of 4.44 g/t gold and 3.45 g/t silver from 203.85 meters. These results reinforce the continuity and scale of high-grade mineralization at Trapper, supporting its potential for a large-scale mineralized system.

Gold mineralization at Trapper is structurally controlled, trending northwest-southeast and dipping moderately to the north in the main drilling area. Mineralization appears to favour the contact between the Cretaceous (85.2 ± 1.2 Ma) quartz diorite and Triassic lapilli tuffs, with broad gold intervals largely hosted along these faulted contacts. The gold is associated with silver and base metal veins containing pyrite, galena, sphalerite, and locally chalcopyrite and bornite.

The geochemical footprint for the Trapper Gold Target was expanded in 2021 to 4 km by 1.5 km, with a gold-in-soil signature strongly correlated to zinc and lead. Visible gold has been identified in both drill core and surface outcrops (Figure 3). Gold occurs in several environments: within base metal veins (sphalerite-galena-pyrite-chalcopyrite), quartz-stockwork, sulphosalt-pyrite veinlets, and, more rarely, disseminated in the diorite and feldspar porphyries.

Through a combination of oriented core drilling, surface mapping, geochemistry, and geophysics, Brixton aims to improve the predictability of gold-bearing zones and expand the mineralized footprint. The Trapper Target remains royalty-free, and ongoing work will focus on identifying new zones of gold-bearing mineralization under the footprint of the extensive geochemical anomaly. The zone remains open for expansion, and future exploration will target both known and newly interpreted structural corridors.

Figure 2. Trapper Long Section showing extension of mineralization within the central zone with selected 2025 drillholes and historic results. Direction of section as noted in Figure 1.

Figure 2 NR 16Dec2025

Figure 3. HQ drill core photograph of Hole THN25-361 at 112.2 meters showing a fleck of gold in a brecciated quartz-ankerite-pyrite-sphalerite vein hosted in sericite-chlorite altered Stuhini volcaniclastics.

Figure 3 NR 16 Dec2025wb

Figure 4. HQ drill core photograph of hole THN25-364 at 152 meters showing pyrite-sphalerite-galena-chalcopyrite vein hosted in sericite-chlorite-calcite altered Stuhini volcaniclastics.

Figure 4 NR 16Dec2025wb

Table 3. Collar Location for Reported Drillholes.

Hole ID Easting (m) Northing (m) Elevation (m) Azimuth Dip Depth (m)
THN25-337 630451 6485368 1265 10 -45 389
THN25-339 630451 6485368 1265 30 -45 346
THN25-342 630227 6485483 1335 8 -50 270
THN25-345 630227 6485483 1335 355 -45 262
THN25-349 631596 6484722 1342 10 -50 117
THN25-350 631596 6484722 1342 350 -50 143
THN25-352 631573 6484714 1336 10 -50 215
THN25-353 631536 6484708 1325 10 -50 164
THN25-355 630974 6484790 1198 20 -70 139
THN25-357 630974 6484790 1198 340 -70 134
THN25-358 630519 6485400 1226 20 -65 175
THN25-359 630519 6485400 1226 340 -65 182
THN25-361 630374 6485598 1276 215 -45 164
THN25-363 630374 6485598 1276 215 -80 188
THN25-364 630374 6485598 1276 35 -80 232


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 0.5m. 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, whereas Ag, Pb, Cu and Zn and 48 additional elements were analyzed using four acid digestion with an ICP-MS finish. Overlimits for gold were analyzed using fire assay and gravimetric finish. The standards, 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)

Mr. Gary R. Thompson, P.Geo., is a Director, Chairman, CEO and President for the Company who is a Qualified Person as defined by National Instrument 43-101. Mr. Thompson 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-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.

Photos accompanying this announcement are available at:

https://brixtonmetals.com/wp-content/uploads/2025/12/Figure-1-NR-16Dec2025-scaled.png

https://brixtonmetals.com/wp-content/uploads/2025/12/Figure-2-NR-16Dec2025-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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