Brixton Metals Defines New Exploration Targets at Thorn Through Geochemical Sampling Brixton’s Shareholders Approved Ten for One Share Consolidation
Brixton Metals Defines New Exploration Targets at Thorn
Through Geochemical Sampling
Brixton’s Shareholders Approved Ten for One Share Consolidation
VANCOUVER, British Columbia, February 06, 2026 (GLOBE NEWSWIRE) - Brixton Metals
Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce
the results from its regional prospecting soil and rock sampling program and the remaining drill
results from its 2025 field season at the wholly owned Thorn Project, located in northwest British
Columbia, Canada. The company provides a corporate and project update.
Highlights
• Soil and rock geochemical sampling conducted within the Camp Creek Corridor has resulted
in the identification of multiple new exploration targets. Notably, at the Cirque East T arget,
porphyry-style mineralization was identified hosted in a monzonite intrusive unit, with assays
returning up to 2.16% copper and 39 g/t silver.
• At the 95th South Target, high-grade silver mineralization was found in veins, yielding up to
642 g/t silver, 1.47% copper, 3.56% lead, and 1.97% zinc.
• At Brixton’s Annual General and Special Meeting held on February 4th, 2026, shareholders
have approved, among other items, a ten for one share consolidation, subject to the approval
of the TSX Venture Exchange, which will result in a new post consolidation share count of
71.3 million shares outstanding. The Company believes the current strong metals market, a
tight float, and with all four of its gold, silver and copper projects being drilled this year will
provide a greater opportunity for share price appreciation.
Chairman, CEO , Gary R. Thompson stated, “The definition of new exploration targets through
geochemical sampling with boots on the ground has been an effective approach at the Thorn Project
as we continue to identify new areas of mineralization. 2026 is shaping up to be an exciting year for
Brixton as we unlock potential at Thorn by drilling this year. Meanwhile current drilling at the Langis
Silver Project is progressing well . Ivanhoe Electric is drilling at Brixton’s Ho g Heaven copper-gold
porphyry Project under the Earn -in Agreement and Eldorado Gold plans to drill Brixton ’s Atlin
Goldfields Project under the Option Agreement. This year will be the first time ever that all four of
our projects will be drilled in the same year, so it’s super exciting. Assays from Langis are anticipated
in the coming weeks and months.”
Figure 1. Brixton Metals Project Locations.
Figure 2. Location of Targets at the Thorn Project.
Discussion
During the 2025 exploration season at the Thorn Project, Brixton Metals conducted an extensive
regional prospecting program, collecting 770 soil samples and 195 rock samples across multiple
target zones. Geochemical analysis of these samples identified sev eral new porphyry exploration
targets within the Camp Creek Corridor, including the Cirque East target. In addition, high -grade
silver veins at the 95th South T arget were mapped and sampled. Drilling activities for the season
comprised 3,223 meters at Camp Creek, 6,272 meters at Trapper, 2,670 meters at Catalyst, and
601 meters at Tempest. This news release presents the remaining drillhole results for the Thorn
Project at the Camp Creek and Trapper Targets.
Camp Creek Corridor Overview
The Camp Creek Corridor is a northwest -trending zone hosting multiple centers of porphyry -style
mineralization. This corridor is interpreted to be perpendicular to the Camp Creek Fault, which may
have served as a conduit for porphyry intrusions into both the Stuhini volcanic rocks and the granitic
units of the Thorn Stock. Key mineralized systems within the corridor include the Camp Creek Cu -
Mo-Au porphyry, along with the recently identified Catalyst Cu-Au (see News Release, dated October
30, 2025) and Tempest Cu-Au (see News Release, dated December 1, 2025) porphyries (Figure 3).
In 2025, soil and rock sampling expanded the surface footprint of the Catalyst and Tempest Targets
and delineated additional porphyry-style prospects. Of particular note is the Cirque Target, drilled in
2024, which revealed copper mineralization associated with intrusive breccias (see News Release,
dated September 17, 2024). Recent mapping and sampling east of the drilled area have confirmed
porphyry-style alteration and outlined a footprint coincident with a one- kilometre-long leach cap.
Rock-chip samples from this area returned up to 2.16% copper and 39 g/t silver (sample B137847;
see Table 1). Intrusive rocks at Cirque -East are characterized by fine- grained monzonites hosting
chalcopyrite and molybdenite within quartz veins. The observed Cu-Ag-Mo mineralization, together
with granitic intrusive phases and the development of a leach cap, is typical of porphyry deposits.
Ongoing work will focus on refining these field results and evaluating the area for potential drilling in
the 2026 campaign.
Figure 3. Map illustrating exploration targets within the Camp Creek Corridor, including locations of
historical and 2025 drill holes, copper distribution in soils from both recent and past geochemical
surveys, and IP-chargeability polygons delineated during the 2025 field season.
About the 95th South Target
The 95th South Target (see Figure 2 for general location of this target) consists of a series of nearly
parallel veins ranging from 30 cm to 2 meters in width, striking ENE -WSE (see Figure 4). These
veins are composed of quartz -feldspar with variable amounts of galena, sphalerite, chalcopyrite,
bornite and pyrite. Sampling has returned notable values, including up to 642 g/t silver, 1.47 %
copper, 3.56% lead, and 1.97% zinc (sample B137851), as well as 414 g/t silver (sample B137859).
These polymetallic veins intrude a Triassic quartz-diorite, and in some instances, are accompanied
by meter -wide alteration halos characterized by quartz -carbonate and localized sulphide
mineralization. Further fieldwork in this area will focus on continuous sampling of these mineralized
veins and on testing similar structures.
Figure 4. Map illustrating the principal mapped polymetallic veins and locations of rock samples
collected from the 95th South Target.
Table 1. Selected rock samples from the 2025 field campaign at the Cirque East and 95th South
Targets.
Sample Target Sample
Type
Ag
(g/t)
Cu
(ppm)
Mo
(ppm)
Pb
(ppm)
Zn
(ppm)
B137827 Cirque East Chip 1.67 1020 48 17 69
B137837 Cirque East Chip 2.96 1530 21 20 73
B137838 Cirque East Grab 2.43 622 564 27 59
B137843 Cirque East Chip 2.42 1640 7 26 86
B137847 Cirque East Chip 39.30 21600 1 24 136
B137851 95th South Grab 642.00 14700 10 35600 19700
B137856 95th South Grab 172.00 14800 16 2180 16350
B137857 95th South Chip 21.60 2090 42 431 188
B137858 95th South Chip 31.80 5050 56 217 409
B137859 95th South Chip 414.00 741 91 1540 76
The collected rocks are selected chip or grab samples of mineralized outcrops within each target
area and do not represent the entire target.
Trapper Gold Target
Gold mineralization at Trapper is structurally controlled, trending northwest -southeast and dipping
moderately to the north within the main drilling area. Mineralization is preferentially developed along
the contact between Cretaceous (85.2 ± 1.2 Ma) quartz diorite and Triassic lapilli tuffs, with broad
gold intervals largely hosted along these faulted contacts. Gold is associated with silver and base
metal veins containing pyrite, galena, sphalerite, and locally chalcopyrite and bornite. During the
2025 field season, drilling at Trapper comprised 6, 272 meters across 30 holes. Notably, drillhole
THN25-348 was collared from the same pad as previously reported holes THN25-358 and THN25-
359 (see News Release, dated December 16, 2025), with mineralized intervals detailed in Table 2.
Drilling at the Camp Creek High Sulfidation Target
The final drillholes completed in 2025 at the Camp Creek high-sulfidation target include THN25-367,
THN25-368, THN25- 369, and THN25- 370 (see Table 2). These holes intersected mineralized
sections ranging from meters to tens of meters, associated with polymetallic veins interpreted as the
shallow, high-sulfidation expression of the deeper Camp Creek porphyry system. Drilling at Camp
Creek covered 3,223 meters across 19 holes and successfully identified high-sulfidation polymetallic
veins. Future drilling in this area will focus on further testing the extent and grade of these high-
sulfidation veins and on evaluating similar interpreted structures.
Table 2. Select Assay Intervals in Holes THN25-348 at Trapper and holes THN25-367, THN25-368,
THN25-369 and THN25-370 at Camp Creek.
Hole ID From To Interval Gold Silver Copper
meter meter meter g/t g/t %
THN25-348 111.00 115.30 4.30 1.39 2.01 -
288.00 292.00 4.00 2.58 8.07 -
313.50 314.00 0.50 5.30 27.60 -
THN25-367 98.00 108.00 10.00 0.90 102.21 0.86
including 100.35 105.80 5.45 1.42 159.50 1.38
THN25-368 128.00 137.70 9.70 0.33 12.52 0.15
including 134.50 135.60 1.10 0.82 64.90 0.90
THN25-369 174.60 175.20 0.60 0.54 57.40 0.88
209.00 213.92 4.92 0.59 14.11 0.03
THN25-370 263.60 264.64 1.04 0.20 19.95 -
Assay values are weighted averages. Reported intervals are drilling length, and the true width of the
mineralized intervals has not yet been determined
Table 3. Collar location for reported drillholes
Hole ID Location Easting
(m)
Northing
(m)
Elevation
(m) Azimuth Dip Depth
(m)
THN25-348 Trapper 630519 6485400 1226 2 -45 324
THN25-367 Camp Creek 628166 6491808 773 140 -70 143
THN25-368 Camp Creek 628257 6492382 859 340 -60 194
THN25-369 Camp Creek 628257 6492382 859 60 -60 251
THN25-370 Camp Creek 628257 6492382 859 90 -60 299
Quality Assurance & Quality Control
Brixton Metals has established rigorous quality assurance and quality control procedures for both
drill core and surface sampling. Core samples were typically collected at 1.5- meter intervals, with
high-grade intervals sampled at 0.5 meters. Blank, duplicate (lab pulp), and certified reference
materials were inserted at a combined rate of up to 15 percent. Core samples were split, bagged,
secured, and sent directly to ALS Minerals preparation facilities in Whitehorse, Yukon or Langley,
British Columbia, depending on laboratory availability. Rock samples, collected as grab or chip
samples, followed similar protocols prior to laboratory analysis. ALS Minerals Laboratories is
accredited to ISO 9001:2008 and ISO 17025 standards for laboratory procedures. Gold analyses
were performed at ALS Laboratory Facilities in North Vancouver, British Columbia, using fire assay
with atomic absorption finish, while silver, lead, copper, zinc, and 48 additional elements were
analyzed by four acid digestion with ICP -MS finish. O verlimit gold values were determined by fire
assay and gravimetric finish. Certified reference materials were sourced from CDN Resource
Laboratories Ltd. in Langley, British Columbia, with standards inserted based on the type and
abundance of mineralization observed. Non -mineralized siliceous landscaping rock was used as
blank material. The Company’s QAQC protocols are available on its website.
Update on Thorn Project
Drilling at Brixton’s Thorn Project is expected to commence in May 2026. Drill results will be released
as they become available.
Update on Drilling at Langis Silver Project
Brixton Metals is actively drilling its wholly owned high-grade Langis Silver Project, situated in the
renowned, silver-rich Cobalt Camp of Ontario, roughly 500 kilometers north of Toronto. Thus far, in
2026, the Company has completed 3,000 meters of drilling across eight holes, with assay results
pending. Results will be released as they are made available.
Update on Hog Heaven and Atlin Projects
Brixton's Hog Heaven Project, in Montana, is under an Earn-in Option to Ivanhoe Electric and as the
operator, Ivanhoe Electric has commenced drilling, in search of the causative copper-gold porphyry
system. Brixton's Atlin Goldfields Project in British Columbia is under Option to Eldorado Gold where
they plan to start drilling orogenic gold targets in May 2026. Drill results will be released as they
become available.
Qualified Person (QP)
Ms. Madeline Berry, P.Geo., is a Project Geologist for the Company who is a Qualified Person as
defined by National Instrument 43 -101. Ms. Berry has verified the referenced data and analytical
results disclosed in this press release and has approved the technical information presented herein.
Corporate Update
The Company held its Annual General and Special Meeting February 4, 2026. All matters were
approved at the Meeting by shareholders. New directors, Ryan Goodman and Kevin Chen, were
elected to the Board o f Directors and incumbent directors, Ian Ball, Cale Moodie and Gary
Thompson, were re -elected to the Board of Directors. A share consolidation was approved by
shareholders resulting in a ten for one share consolidation, subject to the approval of the TSX
Venture Exchange, which will result in a new share count of 71,323,542 post consolidation. An
amendment of the Company’s articles was approved to provide directors with more flexibility
regarding amending the Company’s authorized share capital. Shareholders also re- approved the
Company’s Stock Option Plan for the ensuing year.
The exercise price and the number of shares issuable under the Company's outstanding warrants
and stock options will be proportionately adjusted to reflect the consolidation in accordance with the
respective terms thereof. Fractional common shares will not be issued, and no cash will be paid in
lieu of fractional post -consolidation common shares. The number of post -consolidation common
shares to be received by a shareholder will be rounded down to the nearest whole common share.
This proposed consolidation does not change a shareholder’s proportionate ownership interest in
the Company.
The proposed consolidation has been approved and authorized by the Company’s board of directors.
The consolidation is subject to approval by the TSX Venture Exchange. In particular, the Company
will be required to meet the Exchange’s continued listing requirements upon completion of a
consolidation. There is no guarantee that Exchange acceptance of a consolidation will be given or
that the Company will meet the Exchange’s continued listing requirements upon completion.
A further news release will be issued announcing the effective date for the consolidation and a letter
of transmittal will be mailed to the Company’s registered shareholders, which shareholders can use
to exchange their current share certificates for certificates representing the consolidated number of
shares. No action will be required to effect consolidation of beneficially held securities by non -
registered shareholders, who hold securities of the Company through an intermediary.
The Company does not intend to change its name or current trading symbol in connection with the
proposed consolidation.
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 Project s 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