Brixton Metals Drills 253m of 1.40 g/t Gold Including 93m of 3.22 g/t Gold Including 20m of 10.77 g/t Gold at its Trapper Target on the Thorn Project

Brixton Metals Drills 253m of 1.40 g/t Gold Including 93m of 3.22 g/t Gold Including

20m of 10.77 g/t Gold at its Trapper Target on the Thorn Project

VANCOUVER, British Columbia, January 12, 202 3 (GLOBE NEWSWIRE) - Brixton Metals

Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce

additional and final 2022 drill results from the Trapper Gold Target at its wholly owned Thorn Project.

The project is located in Northwest British Columbia within the Taku River Tlingit and Tahltan First

Nation’s traditional territory.

Highlights

• Hole THN22-244 yielded 253.00m of 1.40 g/t Au from 42m depth

o Including 157.00m of 2.10 g/t Au

o Including 93.00m of 3.22 g/t Au

o Including 20.00m of 10.77 g/t Au

o Including 12.31m of 16.18 g/t Au

• Hole THN22-250 yielded 232.00m of 0.95 g/t Au from 9m depth

o Including 70.00m of 2.60 g/t Au

o Including 25.00m of 4.47 g/t Au

o Including 13.00m of 6.05 g/t Au

o Including 1.49m of 41.75 g/t Au

• Hole THN22-256 yielded 138.00m of 1.20 g/t Au

o Including 46.39m of 1.84 g/t Au

o Including 17.59m of 4.09 g/t Au

o Including 8.34m of 5.02 g/t Au

Vice President of Exploration, Christina Anstey, stated, “We are delighted with these final drill results

from the 2022 program at the Trapper Gold Target, which confirms a significant new gold discovery.

We are highly encouraged by the broad gold intercepts and high-grades drilled on the Trapper Gold

Target to date. We look forward to reporting on the additional results from the Camp Creek and Metla

Targets from the 2022 season.”

Figure 1. Gold Geochemistry and Trapper Target Location Map.

Table 1. Select Mineralized Intervals for the Trapper Target Drilling.

Hole ID From (m) To (m) interval (m) Au (g/t)

THN22-244 42.00 295.00 253.00 1.40

including 87.00 244.00 157.00 2.10

including 151.00 244.00 93.00 3.22

including 151.00 171.00 20.00 10.77

including 155.00 167.31 12.31 16.18

THN22-250 9.00 241.00 232.00 0.95

including 171.00 241.00 70.00 2.60

including 177.00 202.00 25.00 4.47

including 188.00 201.00 13.00 6.05

including 197.00 201.00 4.00 10.41

including 238.20 239.69 1.49 41.75

THN22-256 5.00 143.00 138.00 1.20

including 20.66 67.05 46.39 1.84

including 20.66 38.25 17.59 4.09

including 20.66 29.00 8.34 5.02

All assay values are uncut weighted averages and intervals reflect drilled lengths as further drilling

is required to determine the true widths of the mineralization.

The 2022 program at the Trapper Gold Target totaled 9,119m of drilling. This News Release covers

1,972.68m of drilling and is the balance of the Trapper drilling results from 2022. Assays are pending

for the remaining 9 drill holes, one from the Camp Creek Target and eight from the Metla Target,

which will be released as they become available.

Figure 2. Collar Locations and Drill Traces at the Trapper Target.

Discussion

Gold mineralization at Trapper is structurally controlled, and northwest, east -west and northeast

trends have been identified. Mineralization appears to favour the contact between the Cretaceous

(85.2 +/- 1.2Ma) quartz diorite and the Triassic lapilli tuff volcanic rocks with broad gold intervals

largely hosted within the quartz diorite unit. The gold is associated with silver and base metal veins

as pyrite-galena-sphalerite +/- chalcopyrite +/- bornite. With the use of oriented core measurements,

surface mapping, geochemistry and magnetics, the aim is to achieve predictability of the gold-bear-

ing zones. The current drilling at the Trapper Target is located about 7km southeast from the Camp

Creek Copper Porphyry Target. The Trapper Target at surface is expressed as a 4km northwest

trending gold and zinc soil geochemical anomaly, which is part of the larger 11km gold geochemical

anomaly as seen in Figure 1.

The 2022 Phase 2 drill campaign at Trapper was designed to test the southern and eastern exten-

sions of the main mineralized trend , previously identified in 2021 and early 2022. Step -out drilling

was planned through a combination of mapping, oriented core data, and soil geochemistry, where

soil samples collected during the 2022 field season extended the gold and zinc soil anomaly to t he

south and east. Results from the 2022 drill program continue to demonstrate the potential for broad

intercepts of near surface gold mineralization which remains open in all directions.

Figure 3. Cross Section of the Reported Gold Intercepts, Trapper Gold Target, Southwest View.

Drill hole THN22 -244 was collared 76m south -southwest of THN22 -209 (48.0m of 1.05 g/t Au at

12.0m depth) to test the down-dip extents of mineralization within broader intervals of quartz diorite

and the contact with the lapilli tuff. The diorite and lapilli tuff have been identified as favorable hosts

for gold-bearing mineralized structures at Trapper. The hole intersected the quartz diorite at 15.1

meters depth where intervals of base metal sulphide v eins containing visible gold (Figure 4) were

observed resulting in significant broad intercepts of gold mineralization. THN22-244 drilled at an

azimuth of 24 degrees, a dip of -47 degrees, to a depth of 341.07m , assaying 253.00m of 1.40 g/t

Au from 42m depth, including 157.00m of 2.10 g/t Au , including 93.00m of 3.22 g/t Au , including

20.00m of 10.77 g/t Au and including 12.31m of 16.18 g/t Au.

THN22-250 was drilled from the same pad as northbound hole THN22-205 (64.0m of 5.74g/t Au) at

an azimuth of 2 8 degrees, and a dip of -55 to test the continuity of mineralization to the east of

THN22-205. THN22-250 was drilled to a depth of 321.86m and intercepted 232.00m of 0.95 g/t Au,

including 70.00m of 2. 60 g/t Au including 25.00m of 4.47 g/t Au, including 13.00m of 6.05 g/t Au

including 4.00m of 10.41 g/t Au and including 1.49m of 41.75 g/t Au (Figure 5).

Drill hole THN22-256 was drilled from the same pad as previously released holes THN22 -257 and

THN22-254, located 50m east of THN22 -237. The pad location was planned to test the southeast

extension of the projected diorite-lapilli tuff contact and the main mineralized trend interpreted from

soil geochemistry and oriented drill core data. THN22-256 was drilled at an azimuth of 8 degrees, a

dip of -57, and to a depth of 145.08m . THN22-256 intercepted the quartz diorite at surface with

grades of 138.00m of 1.20 g/t Au, including 46.39m of 1.84 g/t Au, including 17.59m of 4.09g/t Au

and including 8.34m of 5.02 g/t Au.

Figure 4. Visible Gold Photographs of HQ core from hole THN22-244.

Figure 5. Visible Gold Photographs of HQ core from holes THN22-250 and THN22-256.

THN22-220 was drilled at an azimuth of 348 degrees, a dip of -55 degrees and to a depth of 352.04m,

collared 37m east of THN21-186 (139.0m pf 2.14g/t Au), testing the mineralization continuity in that

direction. Hole 220 intercepted 322.33m of 0.33 g/t Au , including 121.00m of 0.72 g/t Au including

61.00m of 1.08 g/t Au, including 28.00m of 2.12 g/t Au and including 7.00m of 7.72 g/t Au. THN22-

222 was drilled down-dip of THN22-220 at a dip of -71 degrees and to a depth of 243.23m, returning

221.73m of 0.41 g/t Au, including 58.00m of 0.77 g/t Au, including 23.00m of 1.23 g/t Au, and includ-

ing 3.00m of 6.34 g/t Au.

THN22-240 was drilled down-dip of THN22-237 at an azimuth of 26 degrees, a dip of -63 degrees,

to a depth of 213.09m and intercepted 110.00m of 0.32 g/t Au, including 27.73m of 0.63 g/t Au and

including 9.00m of 1.03 g/t Au.

THN22-238 was the easternmost hole drilled at the Trapper Target this season, setup 60m east-

southeast of hole THN22 -256. THN22-238 was drill ed at an azimuth of 24 degrees , a dip of -47

degrees and to a depth of 181.36m and returned 135.50m of 0.20 g/t Au, including 7.30m of 0.87 g/t

Au, demonstrating that the gold mineralization continues eastward.

THN22-253 was part of a series of holes drilled from the THN22-256 pad, testing the down-dip and

eastern extents of the mineralized trend at an azimuth of 25 degrees, a dip of -65 degrees and total

depth of 32.31m, which returned 25.31m of 1.18 g/t Au.

THN22-242 was a northbound hole drilled from the same pad as THN22 -244, down-dip of THN22-

241 (198.0m of 0.74g/t Au). The hole did not intersect the quartz diorite and returned insignificant

results.

Table 2. Additional Select Reported Mineralized Intervals for the Trapper Target Drilling.

All assay values are uncut weighted averages and intervals reflect drilled lengths as further drilling

is required to determine the true widths of the mineralization.

Drilling Information

Table 3. Drill Collar and Hole Information of Current News Release.

About the Trapper Gold Target

The geochemical footprint for the Trapper Gold Target was expanded in 2021 to 4km by 1.5km. The

gold-in-soil geochemical signature has a strong positive correlation to zinc and lead. The Trapper

Target represents a volcanic and intrusive hosted gold target. The volcanics are Triassic Stuhini

lapilli tuff and at least two intrusive phases have been identified as diorite and quartz diorite. Age -

dating for the mineralized intrusive is Cretaceous of 85.2Ma + - 1.2Ma. Visible gold has been

Hole ID From (m) To (m) interval (m) Au (g/t)

THN22-220 10.67 333.00 322.33 0.33

79.00 200.00 121.00 0.72

139.00 200.00 61.00 1.08

172.00 200.00 28.00 2.12

193.00 200.00 7.00 7.72

THN22-240 6.00 116.00 110.00 0.32

85.00 112.73 27.73 0.63

85.00 94.00 9.00 1.03

THN22-238 42.00 177.50 135.50 0.20

42.00 49.30 7.30 0.87

THN22-253 7.00 32.31 25.31 1.18

THN22-242

THN22-222 21.50 243.23 221.73 0.41

99.00 157.00 58.00 0.77

143.00 166.00 23.00 1.23

143.00 157.00 14.00 1.82

143.00 146.00 3.00 6.34

no significant assays

Hole ID Easting Northing Elevation (m) Azimuth Dip Depth (m) Zone Status

THN22-220 630376 6485538 1286.59 348 -55 352.04 Trapper Current Release

THN22-222 630376 6485538 1286.58 348 -71 243.23 Trapper Current Release

THN22-238 630459 6485405 1260.78 24 -47 181.36 Trapper Current Release

THN22-240 630348 6485433 1307.80 26 -63 213.09 Trapper Current Release

THN22-242 630257 6485477 1323.75 1 -66 142.64 Trapper Current Release

THN22-244 630258 6485477 1323.46 24 -47 341.07 Trapper Current Release

THN22-250 630221 6485569 1335.95 28 -55 321.86 Trapper Current Release

THN22-253 630410 6485436 1275.95 25 -65 32.31 Trapper Current Release

THN22-256 630409 6485437 1275.76 8 -57 145.08 Trapper Current Release

Total Meters 1972.68

Thorn Drill Holes: This Release

identified in core and surface outcrops across the Trapper Target area. Rock grab samples have

returned up to 135 g/t Au. Visible gold is recognized in several environments: within base metal -

veins-veinlets (sphalerite -galena-pyrite-chalcopyrite), quartz -stockwork, s ulphosalt-pyrite veinlets,

and disseminated gold in the diorite. In 2022, Brixton drilled 9,119m. In 2021, Brixton drilled 3,107m.

In 2011, forty-two drill holes were completed by a previous operator, totaling 8,581m, where drill hole

TG11-11 returned 32.64m of 1.78 g/t Au including 0.41m of 92.8 g/t Au with visible gold. The Trapper

Target is royalty free.

Quality Assurance & Quality Control

Quality assurance and quality control protocols for drill core sampling was developed by Brixton.

Core samples were mostly taken at 1.0m intervals. Blank, duplicate (lab pulp) and certified reference

materials were inserted into the sample stream for at least every 20 drill core samples. Core samples

were cut in half, bagged, zip-tied and sent directly to ALS Minerals preparation facility in Whitehorse,

Yukon. Some shipments were re -directed to the ALS preparation facility in Winnipeg to improve

assay turn around time. 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. Over limits 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.

About the Thorn Project

The wholly-owned 2,900 square kilometer Thorn Project is located in British Columbia, Canada,

approximately 90 km northeast of Juneau, AK. The southern limit of the Thorn claim boundary is

roughly 50 km from tide water. The Thorn Project hosts a district -scale 80km trend of Tri assic to

Eocene, volcano-plutonic complex and related sedimentary units with several styles of mineralization

related to porphyry and epithermal environments. Fourteen large -scale copper-gold targets have

been identified for further exploration work. Information on each of the targets may be found at the

following link: https://brixtonmetals.com/thorn-gold-copper-silver-project/

Qualified Person

Mr. Gary R. Thompson, P.Geo., is Chief Executive Officer for the company and a qualified person

as defined by National Instrument 43-101. Mr. Thompson has verified the data disclosed in this press

release, including the sampling, analytical and test data underlying the information and has approved

the technical information in this press release.

About Brixton Metals Corporation

Brixton Metals is a Canadian exploration company focused on the advancement of its mining

projects. Brixton wholly owns four expl oration projects: Brixton’s flagship Thorn copper-gold-silver-

molybdenum Project, the Atlin Goldfields Projects located in NW BC (now under Option to Pacific

Bay Minerals , the Langis -HudBay silver -cobalt-nickel Project in Ontario, and the Hog H eaven

copper-silver-gold Project in NW Montana, USA (under option to Ivanhoe Electric Inc. ). Brixton