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Brixton Metals Drills 4m of 370 g/t Ag including 1m of 1080 g/t Ag (34 opt Ag) at its Langis Project, Ontario Canada

Drill Results

Brixton Metals Drills 4m of 370 g/t Ag including 1m of 1080 g/t Ag (34 opt Ag)

at its Langis Project, Ontario Canada

VANCOUVER, British Columbia, Jan. 08, 2021 (GLOBE NEWSWIRE) – Brixton Metals Corporation (TSXV: BBB)

(the “Company” or “ Brixton”) is pleased to announce the second round of drill results from its fall/winter

exploration program at the Langis Mine Project located in the Cobalt Camp of Ontario. The assays for this

round are from 14 holes totaling 1673.85m of NQ size core. Drill holes f ollow a fan-type array with depths

ranging from 55m to 176m across the Shaft 3 trend.

Highlights

• Hole LM-20-111 intercepted 4m of 370 g/t Ag from 18m, including 1m of 1080 g/t Ag and

o 1m of 7% Cu, 27.6 g/t Ag, 0.03% Co from 113m

• LM-20-113 intercepted 4m of 366 g/t Ag including 1m of 1015 g/t Ag, 0.35% Co

• Hole LM-20-110 intercepted 4m of 196.6g/t Ag from 3.6m, including 1m of 661 g/t Ag

Chairman and CEO of Brixton, Gary R. Thompson stated, “We continue to be pleased with the results from

our on-going 20,000m drill program at Langis. Drilling continues to generate high-grade near-surface results

that support the potential maiden resource.”

Figure 1. Location of the Shaft 3 Drilling Area.

Table 1. Langis Fall 2020 Drilling Highlights near Shaft 3.

Intervals represent drilled lengths and the true widths of the silver and cobalt mineralization have not been

determined at this time. Results are weighted average grades.

Figure 2. Pseudo-Cross Section All Drilling near Shaft # 3 with Silver Results.

Hole ID From (m) To (m) Interval (m) Ag (g/t) Co (%) Cu (%) Ag (g/t * m)

LM-20-108 8.10 12.10 4.00 85.35 341.40

including 9.10 11.10 2.00 157.00 314.00

LM-20-109 8.20 12.20 4.00 68.90 275.60

including 8.20 9.20 1.00 17.80 0.16 17.80

including 10.20 11.20 1.00 154.00 154.00

LM-20-110 3.60 7.60 4.00 196.60 786.40

including 4.60 5.60 1.00 661.00 661.00

LM-20-110 15.60 18.60 3.00 25.67 77.00

including 16.60 17.60 1.00 34.40 0.14 34.40

LM-20-111 0.00 3.00 3.00 28.53 85.60

including 0.00 1.00 1.00 47.10 0.11 47.10

LM-20-111 5.00 8.00 3.00 97.47 292.40

including 6.00 7.00 1.00 213.00 0.07 213.00

LM-20-111 18.00 22.00 4.00 370.28 1481.10

including 19.00 20.00 1.00 326.00 0.38 326.00

including 20.00 21.00 1.00 1080.00 1080.00

LM-20-111 113.00 114.00 1.00 27.60 0.03 7.00 27.60

including 113.00 113.50 0.50 39.60 0.05 10.85 19.80

LM-20-112 0.00 2.20 2.20 70.75 155.65

including 1.20 2.20 1.00 42.50 0.61 42.50

LM-20-112 6.20 8.20 2.00 92.90 185.80

LM-20-113 0.00 1.80 1.80 27.20 48.96

including 0.00 0.80 0.80 29.00 0.68 23.20

LM-20-113 3.80 7.80 4.00 366.08 1464.30

including 4.80 5.80 1.00 423.00 423.00

including 5.80 6.80 1.00 1015.00 0.35 1015.00

LM-20-113 16.80 19.80 3.00 33.67 101.00

LM-20-119 0.00 1.80 1.80 109.80 197.64

Figure 3. Hole LM-20-113 from 5.9m, Native Silver and Cobaltite in Quartz-Carbonate Veins.

Figure 4. Hole LM-20-111 at 113.0m to 113.5m, Massive Chalcopyrite, Pyrite, and Pyrrhotite Hosted within

Conglomerate, returned 10.85% Cu, 39.6 g/t Ag, 0.05% Co over 0.5m.

Quality Assurance & Quality Control

Diamond drill holes were drilled to depth NQ size. Samples were collected using 1m average sample length.

Three quality control samples (one blank, one standard and one duplicate) were inserted into each batch of

20 samples. The drill core was saw ed, with half of the core batched, sealed and shipped by the Company

geologists to ALS Minerals preparation lab in Sudbury, Ontario. ALS Minerals Laboratories are registered to

ISO 9001:2008 and ISO 17025 accreditations for laboratory procedures. Blank, duplicate and certified

reference materials were inserted into the sample stream. All elements were analyzed by Aqua Regia Digest

with ICP-AES finish. Silver over -limits were analyzed by fire assay with gravimetric finish. Base metal over -

limits were analyzed with Aqua Regia Digest and AES finish. A copy of the QAQC protocols can be viewed at

the Company’s website.

About the Langis Mine Project

Brixton’s wholly owned Langis Mine Project is a past producing mine located 500km north from Toronto,

Ontario, Canada with excellent infrastructure. The silver mineralization occurs as native silver and within

steeply-moderately and in some cases shallow dipping veins, veinlets and as disseminations , rosettes and

fracture infill and can be associated with calcite, hematite, pyrite, cobaltite, chalcopyrite, niccolite and gold.

Mineralization is hosted within any of the three main rock types: Archean volcanics and metasediments,

Coleman Member sediments and Nipissing diabase. The Langis Mine produced 10.6Moz of silver at 787 g/t

Ag and 358,340 pounds of cobalt. Historically, the combined mines in the Cobalt Camp produced over 550

million ounces of silver with 30-50 million pounds of cobalt as a by-product.

Mr. Antonio Celis, P.Geo., who is a qualified person as defined by National Instrument 43-101, reviewed and

approved the information in this press release.

About Brixton Metals Corporation

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

projects toward feasibi lity. Brixton wholly owns four exploration projects : the Thorn copper -gold-silver

Project, the Atlin Goldfields Projects located in NWBC, the Langis-HudBay silver-cobalt Project in Ontario and

the Hog Heaven silver-gold-copper Project in NW Montana, USA. 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

Tel: 604-630-9707 or email: [email protected]

For Investor Relations, please contact:

Mitchell Smith, VP Investor Relations

Tel: 604-630-9707 or email: [email protected]

Neither the TSX Venture Exchange nor its Regulatio n 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 si ze 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 inc luded

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 r isks

associated with mineral exploration; fluctuations in commodity pri ces; 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. For ward-

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 sec urities laws. Investors are cautioned against attributing undue

certainty to forward-looking statements.