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Brixton Metals Drills 976.52m of 0.36% CuEq including 550.52m of 0.51% CuEq including 117.00m of 0.73% CuEq at the Camp Creek Porphyry Target

Drill Results

Brixton Metals Drills 976.52m of 0.36% CuEq including 550.52m of 0.51% CuEq

including 117.00m of 0.73% CuEq at the Camp Creek Porphyry Target

VANCOUVER, British Columbia, August 09, 2021 (GLOBE NEWSWIRE) - Brixton Metals

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

drill results from THN21-183 at the Camp Creek Porphyry Target. The Camp Creek Target is part of

the larger, wholly owned Thorn Project, located in northwestern British Columbia, Canada.

Vice President of Exploration, Christina Anstey stated, “Hole THN21-183 is our best porphyry hole

to date on the Camp Creek Target and clearly demonstrates the significant potential for a large

mineralized system. We are seeing a consistent encouraging pattern with grades increasing both at

depth and as we step out from previous deep drilling. Drill hole THN21-183 and 184 (assays pending)

are the first holes drilled in Camp Creek where c halcopyrite is more abundant than pyrite, which

indicates we are closer to the core of the system than in previous deep holes. Many porphyry Cu

systems have a bornite-rich core, in which the copper and gold grades typically increase by factors

of 2-3 times. Results from these deep holes will help vector towards the porphyry center. A recently

completed Mobile MT geophysical survey images a large conductor in this area. Our drilling to date

has only tested the margin of this multi-kilometer scale anomaly, where we have observed notably

increasing grades towards the more conductive zone.”

Click here for Figure 1. Camp Creek Porphyry Target, Thorn Project Location Map and Copper-

Geochem:

https://brixtonmetals.com/wp-content/uploads/2021/08/Figure-1_9Aug2021.jpg

THN21-181A was a 91m extension of hole THN20-181 that was drilled in 2020 for a new total depth

of 1087.22m. This hole was drilled at 132 -degree azimuth with a -75 degree dip. Please see the

Company’s news release dated January 18, 2021, where porphyry style mineralization was

intercepted over a 439m interval. The assay results for hole 181 and 181A are combined and

restated in Table 1 below. Hole 181A ended in a post mineral dyke.

In 2021, hole THN21-183 was collared on the same pad as hole 181 and was drilled to a total depth

of 1336.51m. Hole 183 was drilled at 210-degree azimuth with a -70 degree dip. Hole 183 ended in

porphyry style mineralization within a geochemically distinct, anomalously mineralized porphyry

phase. Mineralization in this hole has a strong positive correlation with vein density.

A follow up hole, THN21-184, was collared 230m west of THN21-183. It was drilled to a total depth

of 1198.25m and intercepted broad porphyry style mineralization and potassic alteration similar to

THN21-183.

Brixton plans to drill multiple deep holes with the aid of wedges guided by geochemistry and

geophysics to target the enriched core of the porphyry system.

Click here for Figure 2. Camp Creek Drilling Plan Map:

https://brixtonmetals.com/wp-content/uploads/2021/08/Figure-2_9Aug2021.jpg

Click here for Figure 3. Camp Creek Northeast Section View. Porphyry Holes Only:

https://brixtonmetals.com/wp-content/uploads/2021/08/Figure-3a_9Aug2021.jpg

Table 1. THN21-181A and THN21-183 Assay Results.

Hole ID From

(m)

To

(m)

Interval

(m)

Cu

(ppm)

Au

(g/t)

Ag

(g/t)

Mo

(ppm)

CuEq

%

THN20-181

& THN21-

181A

(132/-75)

436.00 1074.0

7

638.07 1841.19 0.07 2.28 125.62 0.30%

Incl. 828.00 1074.0

7

246.07 2755.63 0.10 2.72 226.08 0.46%

or Incl. 830.00 957.42 127.42 3032.22 0.11 3.44 304.29 0.53%

THN21-183

(210/-70)

360.00 1336.5

2

976.52 2235.09 0.07 2.06 154.38 0.36%

Incl. 786.00 1336.5

2

550.52 3227.62 0.09 2.61 239.95 0.51%

or Incl. 1028.0

0

1145.0

0

117.00 4613.51 0.13 3.92 359.33 0.73%

NQ size core samples were cut in half and sampled at nominal 2.0m intervals. All assay values are uncut

weighted averages and intervals reflect drilled intercept lengths. Further drilling is required to determine the

true widths of the mineralization.

Copper Equivalent (CuEq) is calculated based on US$ 3.72/lb Cu, US$ 1851.52/oz Au, US$ 25.95/oz Ag, $US

14.00/lb Mo. These represent the approximate 1 year moving averages of metal prices and calculations do not

consider metals recoveries. The formula is: CuEq % = Cu % + (0.72584 * Au g/t) + (0.1017 * Ag g/t) + (0.00038

* Mo ppm).

Brixton contracted Expert Geophysics Limited to conduct an Airborne Magnetic and Mobile

Magnetotelluric ( MMT) geophysical survey covering the Trapper Gold, Camp Creek Porphyry,

Outlaw Gold and West Copper Targets. The results of the MMT survey identified a large conductive

feature proximal to the Camp Creek Porphyry Target that extends beyond 2km depth.

Click here for Figure 4. Mobile MT Survey:

https://brixtonmetals.com/wp-content/uploads/2021/08/Figure-4_9Aug2021-scaled.jpg

Click here for Figure 5. THN21-183 Histogram-Lithology-Cu-Au-Ag-Mo:

https://brixtonmetals.com/wp-content/uploads/2021/08/Figure-5a_9Aug2021-scaled.jpg

Click here for Figure 6. Drill Core at 891.7m and 923.5m Depth:

https://brixtonmetals.com/wp-content/uploads/2021/08/Figure-6_9Aug2021.jpg

Click here for Figure 7. Drill Core at 1137.3m, 1187.79m and 1255.70m Depth:

https://brixtonmetals.com/wp-content/uploads/2021/08/Figure-7_9Aug2021.jpg

Click here for Figure 8. Drill core at 1198.00m and 1270.01 Depth:

https://brixtonmetals.com/wp-content/uploads/2021/08/Figure-8_9Aug2021.jpg