Broadest Gold Intercepts To Date At The Trapper Gold Target

VANCOUVER - Brixton Metals Corporation reported on the the Trapper Gold Target at its Thorn Project. The project is located in Northwest British Columbia within the Taku River Tlingit and Tahltan First Nation’s traditional territory.

Vice President of Exploration, Christina Anstey, stated, “We are highly encouraged by the broad gold intercepts and high-grades drilled on the Trapper Gold Target to date. Drill hole THN22-237 is a great example of the broad scale gold mineralization we observe in the quartz diorite host and this intercept significantly increased the scale of the target leaving the zone open in all directions. We look forward to reporting on the additional 9 holes from Trapper, 1 deep hole from Camp Creek and 8 shallow holes from Metla as assays become available from the 2022 drilling season.”

The 2022 drill program at the Thorn Project included 58 holes for 18,200m of drilling across 4 target areas, with most of the drilling at the Camp Creek Copper dominant porphyry, the Trapper Gold Target, and to a lesser extent the Outlaw Gold Target and the Metla Copper-Gold Target. A total of 41 holes were drilled at the Trapper Gold target for 9,119m of drilling. Assays are pending for the remaining 9 drill holes and will be released as they become available.

Gold mineralization at Trapper is structurally controlled, and northwest, east-west and northeast trends have been identified. Mineralization appears to favor the contact between the Cretaceous (85.2 +/- 1.2Ma) quartz diorite and the Triassic lapilli tuff volcanic rocks with broad gold intervals largely hosted within the quartz diorite unit. The gold is associated with silver and base metal veins as pyrite-galena-sphalerite +/- chalcopyrite +/- bornite. With the use of oriented core measurements, surface mapping, geochemistry and magnetics, the aim is to achieve predictability of the gold-bearing zones. The current drilling at the Trapper Target is located about 7km southeast from the Camp Creek Copper Porphyry Target. The Trapper Target at surface is expressed as a 4km northwest trending gold and zinc soil geochemical anomaly which is part of the larger 11km gold geochemical anomaly.

The 2022 Phase 2 drill campaign at Trapper was designed to test the southern and eastern extensions of the main mineralized trend previously identified in 2021 and early 2022. Step-out drilling was planned through a combination of mapping, oriented core data, and soil geochemistry, where soil samples collected during the 2022 field season extended the gold and zinc soil anomaly to the south and east. Results from the 2022 drill program continue to demonstrate the potential for broad intercepts of near surface gold mineralization which remains open in all directions.

Drill holes THN22-237 and THN22-243 were drilled from the same pad location as previously released holes THN22-245 and THN22-247 which were planned as part of a series of southern step-outs from the previously identified mineralized trend to the north. Drilling targeted broader intervals of quartz diorite and the contact with the lapilli tuff which have been identified as favorable hosts for gold-bearing mineralized structures at Trapper. Both holes collared from the south into quartz diorite where intervals of base metal sulphide veins containing visible gold were observed resulting in significant broad intercepts of gold mineralization. THN22-237 drilled at an azimuth of 27 degrees and assayed 304.46m of 1.19 g/t Au, including 108.00m of 2.62 g/t Au, and including 84.00m of 3.10 g/t Au, and including 14.00m of 10.70 g/t Au. THN22-243 was drilled at an azimuth of 7 degrees and assayed 398.30m of 0.85 g/t Au, including 113.57m of 2.10 g/t Au, and including 32.00m of 4.72 g/t Au, and including 4.20m of 29.51 g/t Au.

THN22-248 was collared off the same pad location as previously released hole THN22-205, which intercepted 64.00m of 5.74 g/t Au. Hole 248 drilled to the north above THN22-205 to better define the vertical extents of gold mineralization and intercepted 199.00m of 1.12 g/t Au, including 87.00m of 2.19 g/t Au, and including 9.00m of 7.31 g/t Au, and including 3.00m of 17.15 g/t Au.

Drill hole THN22-251 was drilled from the same pad as previously released holes THN22-257 and THN22-254 located 50m east of THN22-237. The pad location was planned to test the southeast extension of the projected diorite-lapilli tuff contact and the main mineralized trend interpreted from soil geochemistry and oriented drill core data. Hole 251 intercepted 173.00m of 1.08 g/t Au, including 40.55m of 2.64 g/t Au, and including 14.00m of 3.63 g/t Au. Assays are pending for hole THN22-256 which was also drilled from this pad location. Visible Gold Photographs of HQ core from hole THN22-237.

THN22-249 was collared from the same pad location as previously released holes THN22-252 and THN22-255 as part of a series of southern step-outs from the previously identified mineralized trend. Hole 249 intercepted visible gold and base metal sulphide mineralization over a broad interval and assayed 0.52 g/t Au over 356.27m, including 71.00m of 1.32 g/t Au, and including 31.28m of 2.00 g/t Au.

THN22-246 and THN22-241 were collared from the same pad location approximately 100m southeast of previously released hole THN22-205. THN22-246 was drilled at an azimuth of 21 degrees and intercepted 200.50m of 0.71 g/t Au, including 113.13m of 1.11 g/t Au, and including 7.63m of 10.40 g/t Au. THN22-241 was drilled to the north with similar results assaying 0.74 g/t Au over 198.00m, including 113.00m of 1.05 g/t Au, and including 11.00m of 4.52 g/t Au. Two additional drill holes are pending assays from this pad location.

THN22-223 was drilled 40m east of previously released holes THN22-207 & THN21-186 to test the eastern extents of the mineralized trend. One additional hole is pending assays from this pad location. THN22-239 collared from the south and was drilled 120m southeast of THN22-237 to further test the trend of mineralization as well as the contact zone between the diorite and lapilli tuff. One additional hole is pending assays from this location. THN22-227 was drilled from the same location as previously released holes THN22-225 and THN22-226 targeting newly discovered surface mineralization identified during the 2022 prospecting program at Trapper.

The geochemical footprint for the Trapper Gold Target was expanded in 2021 to 4km by 1.5km. The gold-in-soil geochemical signature has a strong positive correlation to zinc and lead. The Trapper Target represents a volcanic and intrusive hosted gold target. The volcanics are Triassic Stuhini lapilli tuff and at least two intrusive phases have been identified as diorite and quartz diorite. Age-dating for the mineralized intrusive is Cretaceous of 85.2Ma +- 1.2Ma. Visible gold has been identified in core and surface outcrops across the Trapper Target area. Rock grab samples have returned up to 135 g/t Au. Visible gold is recognized in several environments: within base metal-veins-veinlets (sphalerite-galena-pyrite-chalcopyrite), quartz-stockwork, sulphosalt-pyrite veinlets, and disseminated gold in the diorite. In 2022, Brixton drilled 9,119m. In 2021, Brixton drilled 3107m. In 2011, forty-two drill holes were completed by a previous operator, totaling 8581m, where drill hole TG11-11 returned 32.64m of 1.78 g/t Au including 0.41m of 92.8 g/t Au with visible gold.