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Brixton Metals Drills 304.46m of 1.19 g/t Gold Including 84m of 3.10 g/t Gold Including 14m of 10.70 g/t Gold at its Trapper Target on the Thorn Project

Drill Results

Brixton Metals Drills 304.46m of 1.19 g/t Gold Including 84m of 3.10 g/t Gold

Including 14m of 10.70 g/t Gold at its Trapper Target on the Thorn Project

VANCOUVER, British Columbia, January 9, 202 3 (GLOBE NEWSWIRE) - Brixton Metals

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

additional 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

• Holes THN22-237 and THN22 -243 contain the broadest gold intercepts to date with

significant visible gold and were collared 200m southeast from the previously reported hole

THN22-205 which yielded 64m of 5.74 g/t Au

• Hole THN22-237 yielded 304.46m of 1.19 g/t Au

o Including 108.00m of 2.62 g/t Au

o Including 84.00m of 3.10 g/t Au

o Including 14.00m of 10.70 g/t Au

• Hole THN22-243 yielded 398.30m of 0.85 g/t Au

o Including 259.50m of 1.21 g/t Au

o Including 113.57m of 2.10 g/t Au

o Including 32.00m of 4.72 g/t Au

o Including 6.57m of 20.71 g/t Au

o Including 4.20m of 29.51 g/t Au

• Hole THN22-248 yielded 199.00m of 1.12 g/t Au

o Including 87.00m of 2.19 g/t Au

o Including 26.00m of 3.43 g/t Au

o Including 9.00m of 7.31 g/t Au

o Including 3.00m of 17.15 g/t Au

• Hole THN22-251 yielded 173.00m of 1.08 g/t Au

o Including 40.55m of 2.64 g/t Au

o Including 4.00m of 9.56 g/t Au

Vice President of Exploration, Christina Anstey, stated, “We are highly encouraged by the broad gold

intercepts and high-grades drilled on the Trapper Gold Target to date. Drill hole THN22 -237 is a

great example of the broad scale gold mineralization we observe in the quartz diorite host and this

intercept significantly increased the scale of the target leaving the zone open in al l directions. We

look forward to reporting on the additional 9 holes from Trapper, 1 deep hole from Camp Creek and

8 shallow holes from Metla as assays become available from the 2022 drilling season.”

Figure 1. Gold Geochemistry and Trapper Target Location Map.

Table 1. Select 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.

The 2022 drill program at the Thorn Project included 58 holes for 18,200m of drilling across 4 target

areas, with most of the drilling at the Camp Creek Copper dominant porphyry, the Trapper Gold

Target, and to a lesser extent the Outlaw Gold Target and the Metla Copper-Gold Target. A total of

41 holes were drilled at the Trapper Gold target for 9,119m of drilling. Assays are pending for the

remaining 9 drill holes and 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 Targe t 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 eas tern 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 the

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 holes THN22-237 and THN22 -243 were drilled from the same pad location as previously re-

leased holes THN22-245 and THN22-247 which were planned as part of a series of southern step-

outs from the previously identified mineralized trend to the north. Drilling targeted broader intervals

of quartz diorite and the contact with the lapilli tuff which have been identified as favorable hosts for

gold-bearing mineralized structures at Trapper. Both holes collared from the south into quartz diorite

where intervals of base metal sulphide veins containing visible gold (Figures 4 to 7) were observed

resulting in significant broad intercepts of gold mineralization. THN22-237 drilled at an azimuth of 27

degrees and assayed 304.46m of 1.19 g/t Au, including 108.00m of 2.62 g/t Au, and including 84.00m

of 3.10 g/t Au, and including 14.00m of 10.70 g/t Au . THN22-243 was drilled at an azimuth of 7

degrees and assayed 398.30m of 0.85 g/t Au, including 113.57m of 2.10 g/t Au, and including 32.00m

of 4.72 g/t Au, and including 4.20m of 29.51 g/t Au.

THN22-248 was collared off the same pad location as previously released hole THN22-205, which

intercepted 64.00m of 5.74 g/t Au. Hole 248 drilled to the north above THN22-205 to better define

the vertical extents of gold mineralization and intercepted 199.00m of 1.12 g/t Au, including 87.00m

of 2.19 g/t Au, and including 9.00m of 7.31 g/t Au, and including 3.00m of 17.15 g/t Au.

Drill hole THN22-251 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. Hole 251 intercepted 173.00m of 1.08 g/t Au, including

40.55m of 2.64 g/t Au, and including 14.00m of 3.63 g/t Au. Assays are pending for hole THN22-256

which was also drilled from this pad location.

Figure 4. Visible Gold Photographs of HQ core from hole THN22-237.

Figure 5. Visible Gold Photographs of HQ core from hole THN22-237.

Figure 6. Visible Gold Photographs of HQ core from hole THN22-243.

Figure 7. Visible Gold Photographs of HQ core from hole THN22-248.

THN22-249 was collared from the same pad location as previously released holes THN22-252 and

THN22-255 as part of a series of southern step-outs from the previously identified mineralized trend.

Hole 249 intercepted visible gold and base metal sulphide min eralization over a broad interval and

assayed 0.52 g/t Au over 356.27m, including 71.00m of 1.32 g/t Au , and including 31.28m of 2.00

g/t Au.

THN22-246 and THN22-241 were collared from the same pad location approximately 100m south-

east of previously released hole THN22 -205. THN22-246 was drilled at an azimuth of 2 1 degrees

and intercepted 200.50m of 0.71 g/t Au, including 113.13m of 1.11 g/t Au , and including 7.63m of

10.40 g/t Au. THN22 -241 was drilled to the north with s imilar results assaying 0.74 g/ t Au over

198.00m, including 113.00m of 1.05 g/t Au, and including 11.00m of 4.52 g/t Au. Two additional drill

holes are pending assays from this pad location.

THN22-223 was drilled 40m east of previously released holes THN22-207 & THN21-186 to test the

eastern extents of the mineralized trend. One additional hole is pending assays from this pad loca-

tion. THN22-239 collared from the south and was drilled 120m southeast of THN22 -237 to further

test the trend of mineralization as well as the contact zone between the diorite and lapilli tuff. One

additional hole is pending assays from this location. THN22-227 was drilled from the same location

as previously released holes THN22-225 and THN22-226 targeting newly discovered surface min-

eralization identified during the 2022 prospecting program at Trapper.

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

Table 3. 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.

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

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, sulphosalt -pyrite veinlets,

and disseminated gold in the diorite. In 2022, Brixton drilled 9,119m. In 2021, Brixton drilled 3107m.

In 2011, forty-two drill holes were completed by a previous operator, totaling 8581m, 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.

Drilling Information

Table 4. Drill Collar and Hole Information of Current News Release.

Table 5. Drill Collar and Hole Information of Previously Reported Results.

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

THN22-223 630375 6485535 1286 237 -45 178.31 Trapper Current Release

THN22-227 630506 6485905 1132 20 -49 76.20 Trapper Current Release

THN22-237 630351 6485431 1301 27 -45 308.46 Trapper Current Release

THN22-239 630458 6485404 1261 22 -66 188.36 Trapper Current Release

THN22-241 630257 6485477 1324 3 -47 282.55 Trapper Current Release

THN22-243 630352 6485419 1297 7 -45 406.30 Trapper Current Release

THN22-246 630258 6485477 1324 21 -56 270.36 Trapper Current Release

THN22-248 630221 6485569 1336 353 -58 257.25 Trapper Current Release

THN22-249 630302 6485457 1310 5 -45 370.94 Trapper Current Release

THN22-251 630410 6485437 1276 26 -55 180.91 Trapper Current Release

Total Meters 2,519.64

Thorn Drill Holes: This Release