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Brixton Metals Drills 76.50m of 1.08 g/t Gold within 179.50m of 0.51 g/t Gold and 54.00m of 1.03 g/t Gold within 149.00m of 0.55 g/t Gold at its Trapper Target on the Thorn Project

Drill Results

Brixton Metals Drills 76.50m of 1.08 g/t Gold within 179.50m of 0.51 g/t Gold and

54.00m of 1.03 g/t Gold within 149.00m of 0.55 g/t Gold at its Trapper Target on the

Thorn Project

VANCOUVER, British Columbia, December 1, 202 3 (GLOBE NEWSWIRE) - Brixton Metals

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

the final batch of 2023 drill results from the Trapper Gold Target at its wholly owned Thorn Project.

The project is located in Northwest British Columbia, 90km east of Juneau, Alaska and within the

Taku River Tlingit and Tahltan First Nation’s traditional territory.

Highlights

• Ten visible gold occurrences observed across four drill holes

• Hole THN23-287 yielded 276.00m of 0.34 g/t Au from 12.00m depth

o Including 149.00m of 0.55 g/t Au

o Including 54.00m of 1.03 g/t Au

o Including 19.00m of 2.34 g/t Au

• Hole THN23-288 yielded 179.50 of 0.51 g/t Au from 9.00m depth

o Including 76.50m of 1.08 g/t Au

o Including 6.00m of 4.58 g/t Au

o And Including 17.00m of 2.51 g/t Au from 90.00m depth

Chairman and CEO , Gary Thompson , stated, “We are delighted to see the gold mineralization

encountered in drilling as we step away from the previous drilling. A nearly 2km gap remains to be

tested through drilling between this main area to the southeast where previous operators drilled 1.78

g/t Au over 32.67m including visible gold. The Trapper Target represents a 4km gold-in-soil anomaly

with limited drilling to date. In addition, a new copper showing was discovered with disseminated

bornite located 5km south of the Trapper main drilling area. Highlights from South Trapper include

6.5% and 5.3% Cu from rock grab samples which will be followed up in 2024.”

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.

Discussion

The 2023 program at the Trapper Gold Target totaled 6,625.24m of drilling. This News Release

covers 3,598.24m of drilling for a total of 11 drill holes. For previous assays from the 2023 program

at Trapper see NR dated October 16th, 2023.

Figure 2. Simplified Geology Map with Collar Locations and Drill Traces at the Trapper Target.

Gold mineralization at Trapper is structurally controlled along the Lawless fault, trending northwest-

southeast and dipping moderately to the north. Mineralization appears to favour the contact between

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

largely hosted along the faulted contact . The gold is associated with silver and base metal veins

containing pyrite-galena-sphalerite +/- chalcopyrite +/- bornite, which occur conjugate to the Lawless

fault. Through a combination of oriented core drilling, surface mapping, geochemistry and

geophysics, the aim is to achieve predictability of the gold-bearing zones. The current drilling at the

Trapper Target is located 7km southeast from the Camp Creek Copper Porphyry Target. At surface,

the Trapper Target is expressed as a 4km northwest trending gold and zinc soil geochemical

anomaly which is part of the larger 11km gold geochemical anomaly trending from Camp Creek to

the Trapper Target.

The 2023 drill campaign at Trapper was designed to test the extents of the main mineralized corridor

along the Lawless fault zone , as well as testing step-out targets where similar structural and

geophysical features were interpreted using the high-resolution aeromagnetic survey completed in

2022. Drilling was planned through a combination of mapping, oriented core data analysis,

geophysics, and soil geochemistry. Results from the 2023 drill program continue to demonstrate the

potential for broad intercepts of near surface gold mineralization which remains open in several

directions.

Figure 3. 3D Conceptual Deposit Model of the Trapper Gold Target, Northwest View.

Drill holes THN23-275 and THN23-279 were collared from the same drill pad as previously released

hole THN23-278 (assaying 123.58m of 0.15 g/t Au from 347.50m) and were planned to test the

western extents of mineralization in the hanging -wall along the Lawless fault and around the

intrusive-volcanic contacts. Although no significant assays were achieved with holes THN23-275 and

THN23-279, base metal mineralization and two instances of visible gold were observed in discrete

vein sets and appear to be distal extents of the main gold-rich zone to the east. Additionally, THN23-

278 from this pad location was successful in extending the mineralized zone approximately 250m

down dip and towards the north along the Lawless fault.

THN23-280 was collared 120m north of THN22 -205 (assaying 64.00m of 5.74 g/t Au, including

28.95m of 10.36 g/t Au) and planned as a northern step-out hole to test the lapilli tuff and quartz

diorite contacts. THN23-280 was drilled to a total depth of 399m with one visible gold occurrence

returning 0.40m of 3.54 g/t Au, however no significant assay intervals were achieved.

Drill holes THN23 -281 and THN23 -282 were collared from the same drill pad , located 100m

northwest of THN23-275, and were planned to test the far west extents of mineralization along the

Lawless fault. THN23-281 was drilled towards the north targeting the dominant base metal vein

orientations while THN23 -282 was drilled towards the south to test additional conjugate vein

orientations within the Stuhini volcanics. Although THN23-281 was relatively unmineralized, discrete

occurrences of base metal mineralization with low-grade gold intercepts up to 2.57 g/t Au over 1.0m

were observed at depth proximal to the fault zone . No significant mineralization was observed in

THN23-282.

THN23-283 was drilled 200m north of THN22 -205 and planned as a northern step -out to test for

mineralization along the lower contact zone of the lapilli tuff and quartz -diorite. THN23-283 was

drilled towards the north to a final depth of 433m and no significant mineralization was observed.

THN23-284 was collared ~600m north-northwest of the main drilling zone at Trapper and planned to

test an undercover area with a gold-in-soil anomaly sharing a similar geophysical signature to the

main zone which was identified from the 2022 aeromagnetic survey. THN23-284 was drilled towards

the northeast to a final depth of 345m and although intercepting quartz-carbonate veining with base

metal mineralization and a similar alteration assemblage to the main zone, no significant gold grades

were returned. Further drilling is required around THN23-284 to determine the extents of epithermal

mineralization and potential gold-bearing structures in this area.

THN23-286 was collared ~150m east of the main drilling area to test the eastern extension of

mineralization along the Lawless fault in an area of anomalous gold and zinc -in-soil. The hole was

drilled to a final depth of 171m and intersected short intervals of epithermal style veining with pyrite-

sphalerite-galena-chalcopyrite base metal mineralization within the lapilli tuff. Assays include

129.90m of 0.12 g/t Au, including 7.90m of 1.64 g/t Au.

Drill holes THN23 -287 and THN23 -288 were collared from the same pad location , setup as 40m

step-out holes between THN22-237 (assaying 84.00m of 3.10 g/t Au) to the southwest and historic

2011 drill holes to the east. Both holes were planned to test the extents of mineralization to greater

depths along the Lawless fault while testing the lapilli tuff and quartz diorite contact s. THN23-287

was drilled at a -62 degree dip towards the north and was successful in intercepting base metal

sulphide mineralization with five visible gold occurrences assaying 54.00m of 1.03 g/t Au , within

149.00m of 0.55 g/t Au.

THN23-288 was drilled below THN23 -287 at a -80 degree dip to test the continuity of mineralized

veins at depth and towards the south. Two visible gold occurrences were observed along with

numerous base metal sulphide veins assaying 179.50m of 0.51 g/t Au from 9.00m depth, including

76.50m of 1.08 g/t Au, and including 17.00m of 2.51 g/t Au from 90.00m depth.

THN23-289 was collared 120m northwest of THN23-287 and THN23-288 as step-out hole planned

to target the intrusive-volcanic contact north of the Lawless fault. Minor quartz-carbonate base-metal

veining was observed in core however no visible gold was observed and no significant assays were

returned.

Figure 4. Visible Gold Photographs of 2023 Trapper HQ Core.

Figure 5. Gold Surface Geochemistry Map with Collar Locations and Drill Traces at the Trapper

Target.

2023 Trapper Drill Campaign Summary

The 2023 exploration program at Trapper was designed to test areas proximal to the main drilling

zone in order to determine the extents of gold-bearing ore shoots along the Lawless fault, as well as

test undercover outboard areas hosting similar geophysical and soil geochemical signatures to the

main zone. Drilling was successful in expanding upon the past two seasons of drilling around the

main zone, however additional work is needed around the larger step out zones to help uncover

potential areas of high-grade gold mineralization. While Trapper is largely undercover, the gold-in-

soil geochemical footprint extends 4km by 1.5km and remains largely undrilled. High-grade surface

grab samples have returned assays up to 152 g/t Au along Inlaw Creek, over 500m away from the

focused drilling area. Further drilling is required to test and identify gold-rich zones and further define

the scale-potential across the Trapper Target.

Vice President of Exploration, Christina Anstey, stated, “While we now have three seasons of drilling

under our belt at Trapper Gold Target, we believe that we are only getting started with uncovering

the gold potential and we are looking forward to advancing the target further in 2024”.

Drilling Information

Table 2. 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 with

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

Trapper Target represents an intermediate-sulphidation epithermal system hosted in volcanic and

intrusive rocks. The volcanics are Triassic Stuhini lapilli tuff, while the intrusive phase is a Cretaceous

quartz diorite dated at 85.2Ma +- 1.2Ma. Visible gold has been identified in both drill core and surface

outcrops across the Trapper Target area and rock grab samples have returned up to 1 52 g/t Au.

Visible gold is recognized in several environments: within base metal veins (sphalerite-galena-pyrite-

chalcopyrite), quartz -stockwork, sulphosalt -pyrite veinlets, and rarely disseminated gold in the

diorite. In 202 1 and 2022 , Brixton drilled 3,107m and 9,119m respectively. In 2011, forty -two drill

holes were completed by a previous operator. 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 Langley,

British Columbia . 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 fr om 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 land scaping rock. A copy of the QAQC protocols can be viewed at the

Company’s website.