BRIXTON METALS CORP - BBBXF STOCK NEWS

Brixton Metals announced additional 2024 drill results from the Trapper Gold Target at its Thorn Project in Northwest British Columbia. Key highlights include Hole THN24-308 yielding 61.95m of 1.02 g/t Au, including 9.25m of 4.79 g/t Au and 2.25m of 18.50 g/t Au. Hole THN24-309 returned 28.00m of 0.70 g/t Au, including 6.00m of 1.24 g/t Au. The 2024 drill campaign totaled 2,745.60m across 11 HQ-sized diamond drill holes, with gold mineralization structurally controlled along the Lawless Fault.

Brixton Metals (TSX-V: BBB, OTCQB: BBBXF) has announced additional 2024 drill results from the Trapper Gold Target at its wholly owned Thorn Project in Northwest British Columbia. Highlights include:

- Hole THN24-304 yielded 227.50m of 0.50 g/t Au from 40.00m depth
- Including 82.00m of 1.27 g/t Au
- Including 49.00m of 2.02 g/t Au
- Including 27.00m of 3.49 g/t Au
- Including 8.00m of 11.37 g/t Au
- Including 2.00m of 44.43 g/t Au

The 2024 drill campaign at Trapper totaled 2,745.60m across 11 holes. Gold mineralization is structurally controlled along the Lawless Fault, with broad intervals hosted along the faulted contact between Cretaceous quartz diorite and Triassic lapilli tuffs.

Brixton Metals (BBBXF) has announced initial results from its maiden drill program at the Cirque Cu-Mo Porphyry Target on its Thorn Project in NW British Columbia. Highlights include:

• Hole THN24-292: 87.00m of 0.26% CuEq including 28.50m of 0.29% CuEq
• Hole THN24-293: 37.50m of 0.28% CuEq within 425.50m of 0.16% CuEq

The drilling targeted a potassic alteration zone with chalcopyrite and molybdenite mineralization at surface, within a larger 3.6 km x 1.6 km area of phyllic to potassic alteration. The Cirque Target is located 3 km NE of the Camp Creek Porphyry Target. Four diamond drill holes totaling 2,704 meters have been completed at Cirque, all intersecting porphyry-style Cu-Mo mineralization.

Brixton Metals (TSX-V: BBB, OTCQB: BBBXF) has announced the acquisition of mineral claims totaling 6,446 hectares within its Thorn Project, located near the past-producing Golden Bear Mine. The deal involves a CAD$75,000 payment and the issuance of 1,250,000 common shares to the vendors, along with a 1% Net Smelter Royalty. Several gold-in-soil anomalies have been identified on the newly acquired claims, suggesting potential for high-grade gold exploration. The area has a history of gold production, with the nearby Golden Bear Mine having operated from 1990-2001. Brixton plans to conduct follow-up exploration work to define drill targets on these claims, which are considered early-stage exploration targets for high-grade underground potential.

Brixton Metals (BBBXF) has announced results from its second drill hole of the 2024 season at the Thorn Project in British Columbia, Canada. The drill hole, THN24-291, revealed two significant zones:

1. A gold-dominant zone yielding 61.50m of 0.89 g/t Au, including 4.65m of 6.15 g/t Au.

2. A copper-dominant porphyry zone with 1126.05m of 0.31% CuEq, including higher-grade sub-intervals.

The gold zone potentially extends the Talisker Zone to a 900m strike length. The copper zone significantly expands the known mineralization at Camp Creek towards the northwest. The company continues drilling with two diamond drills until the end of the season.

Brixton Metals (TSX-V: BBB, OTCQB: BBBXF) has announced initial drill results from its 2024 season at the Thorn Project in NW British Columbia, Canada. Highlights include:

- Copper-dominant porphyry mineralization starting at 314.5m depth in hole THN24-290, ending at 1564m and remaining open in all directions
- Significant intervals include 960.40m of 0.39% CuEq, 452m of 0.46% CuEq, and 121.50m of 0.55% CuEq
- The drill hole significantly increases the volume of mineralized porphyry at Camp Creek

The company is currently drilling with two rigs and has completed ground MT geophysical surveys at the North Copper Target and Cirque Copper Target. Geochemical surveys, prospecting, and mapping are ongoing.

Brixton Metals (TSX-V: BBB, OTCQB: BBBXF) has entered into a definitive option agreement with Eldorado Gold for its Atlin Goldfields Project in British Columbia. Key highlights include:

- Eldorado to fund $5,350,000 in exploration over 5 years
- Cash payments to Brixton totaling $1,100,000 during the option period
- Eldorado can acquire 100% ownership for an additional $7,000,000 at the end of the period
- Brixton to retain a 1.0% NSR upon Eldorado's exercise of the option

The 579 square kilometer project is located near Atlin, BC, within the Taku River Tlingit First Nation territory. This agreement allows Brixton to advance the project while maintaining potential future benefits through the NSR.

Brixton Metals has initiated its first drill program at the Cirque Copper Porphyry Target, part of its Thorn Project located 3km east of the Camp Creek Porphyry discovery.

The Cirque target showcases extensive copper mineralization over a 1km by 2km area, evidenced by vein-hosted and disseminated chalcopyrite. Elevated copper, molybdenum, and MPIx anomalies are present in rock and soil geochemistry.

Supported by a large, near-surface magnetic and conductivity geophysical anomaly, this target holds potential due to its proximity to the mineral-rich Camp Creek Porphyry. VP of Exploration, Christina Anstey, expressed optimism about the significant intervals of surface chalcopyrite mineralization and coincident geophysical signatures.

Figures included in the release show surface rock samples and core samples from Julian Mining's 1965 Cirque Program, indicating the presence of chalcopyrite, molybdenite, and associated alterations.

Brixton Metals (TSX-V: BBB, OTCQB: BBBXF) has announced a Royalty Purchase Agreement with Kohima Pacific Gold to purchase and cancel existing net smelter return royalties on its Thorn Project. The agreement, dated June 17, 2024, eliminates a 2% royalty on the Check-Mate claim and a 3.5% royalty on the Stuart claims. This move is expected to enhance the project's viability. In consideration, Brixton will issue 2,500,000 common shares to Kohima, subject to a hold period of four months and one day. No finder's fees are involved.