BRIXTON METALS CORP - BBBXF STOCK NEWS

Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) announces that its Earn-In partner, Pacific Bay Minerals Ltd., has commenced drilling at the Atlin Goldfields Project in northern British Columbia. The project focuses on the Yellowjacket high-grade gold vein system, with Pacific Bay aiming to acquire a 100% interest by investing $3.2 million, issuing 10 million shares, and incurring $7 million in exploration expenses over seven years. Brixton will retain a 2% Net Smelter Royalty upon completion.

Brixton Metals Corporation announced further drill results from the 2022 program at its wholly owned Thorn Project in British Columbia's Golden Triangle. Recent drilling at the Trapper Target revealed several significant gold intercepts, including 47m of 1.10 g/t Au in hole THN22-206 and 146m of 0.63 g/t Au in hole THN22-209. The results indicate continuity of gold mineralization across the target area, with plans for further drilling. The 2022 exploration season has seen approximately 10,665 meters drilled across multiple targets, with visible gold discovered in new outcroppings.

Brixton Metals Corporation (BBBXF) announced encouraging drill results from hole THN22-201 at its Camp Creek Cu-Au-Ag-Mo Porphyry Target within the Thorn Project in British Columbia. The hole reported 967.71m of 0.40% CuEq, with sections yielding higher grades, including 492.71m of 0.60% CuEq and 150.00m of 0.92% CuEq. The mineralization remains open in multiple directions, indicating a potentially large, largely untested porphyry system.

Brixton Metals Corporation (BBBXF) announced that Pacific Bay Minerals Ltd. has completed the first phase of an agreement to acquire 100% interest in the Atlin Goldfields Project in British Columbia. Pacific Bay will provide a minimum of $500,000 financing along with regulatory approvals and a NI-43-101 Technical Report. The Option allows Pacific Bay to earn interest through cash, shares, and exploration expenditures totaling $3,225,000 and $7,000,000 over seven years. Brixton will retain a 2% Net Smelter Return upon completion.

Brixton Metals Corporation (BBBXF) announced promising drill results from its Thorn Project in British Columbia. The highlights include Hole THN22-205, which recorded 64.00m of 5.74 g/t Au, and 28.95m of 10.36 g/t Au. This marks the highest-grade gold intercept observed this season. The company plans to expand drilling in the Trapper Zone, leveraging improved lab turnaround times. CEO Gary R. Thompson emphasized the gold potential of the Trapper Target, which has various mineralizing centers. Thus far, 5091.70m have been drilled this season, focusing on both Trapper and Camp Creek targets.

Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) has commenced its 2022 exploration program at the Thorn Project in British Columbia, focusing on the Camp Creek and Trapper Gold targets. The planned drilling will cover up to 20,000 meters, aiming to expand mineralization in these high-priority areas. Notable past results include 1.60 g/t gold over 187.50m at Trapper and promising copper-gold grades at Camp Creek. The company also granted stock options to its team, reinforcing its commitment to growth.

Brixton Metals Corporation has entered a Definitive Agreement with Pacific Bay Minerals Ltd. for the Atlin Goldfields Project in British Columbia. Pacific Bay can acquire 100% interest by paying Brixton $3,225,000 in cash, issuing 10 million shares, and spending $7 million on exploration over seven years. If completed, Brixton retains a 2% Net Smelter Return Royalty. Key milestones include a $500,000 financing and a Technical Report by June 18, 2022. This agreement enables Brixton to benefit from potential exploration successes while maintaining a revenue stream through the royalty.

Brixton Metals Corporation has announced the acquisition of a new 235 square kilometers mineral claim group, enhancing its Thorn Project to a total of 2,863 square kilometers. Acquired for CAD$75,000, the claims are mostly royalty-free, except for a single claim with a 1.5% net smelter return. The project, located in Northwest British Columbia, showcases promising geological characteristics for copper-gold deposits, highlighted by significant copper grades in recent samples. This strategic consolidation positions Brixton to leverage the increasing demand for copper as industries aim to decarbonize.