02:16:03 EST Wed 14 Jan 2026
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Brixton Metals Corp (2)
Symbol BBB
Shares Issued 713,235,426
Close 2026-01-13 C$ 0.07
Market Cap C$ 49,926,480
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Brixton Metals begins drilling at Langis

2026-01-13 17:48 ET - News Release

Mr. Gary Thompson reports

BRIXTON METALS COMMENCES DRILLING AT ITS LANGIS SILVER PROJECT

Brixton Metals Corp. has launched drilling activities at its wholly owned Langis silver project, located in the historic, silver-rich Cobalt camp of Ontario, approximately 500 kilometres (km) north of Toronto. The site benefits from excellent infrastructure, including all-season road access, power, rail connections and a refiner.

Highlights:

  • The fully financed 2026 phase 1 drill campaign will comprise approximately 15,000 metres (m) of shallow near-surface drilling, targeting both the expansion and infill of established high-grade silver zones, as well as exploring new areas of mineralization along structural trends.
  • Silver mineralization at Langis occurs as native silver in veins, veinlets, disseminated, rosettes and fracture infill, often associated with minerals such as calcite, hematite, pyrite, cobaltite, chalcopyrite, niccolite and gold.
  • Rock grab samples from the shaft 7 dump returned up to 182,065 grams per tonne (g/t) silver (Ag).
  • Previous drilling by Brixton has yielded 15 intercepts greater than 1,000 grams per tonne (g/t) Ag, including three intercepts greater than 5,000 g/t Ag in the shaft 3 area, 10 intercepts greater than 1,000 g/t Ag and five intercepts greater than 5,000 g/t Ag in the shaft 6 area:
    • 11 m of 2592 g/t silver, including four m of 7,018 g/t silver, shaft 3 area;
    • 17 m of 970 g/t silver, including 11 m of 1,289 g/t silver, shaft 3 area;
    • 27 m of 348 g/t silver, including nine m of 1,037 g/t silver, central area;
    • 17.6 m of 1,251 g/t silver, including one m of 15,436 g/t silver, shaft 6 area;
    • 71 m of 121 g/t silver, including four m of 1,186 g/t silver, shaft 6 area.

Chairman and chief executive officer Gary R. Thompson stated: "We are excited to commence drilling at the Langis silver project at a time when silver prices are exceptionally strong. This highly favourable silver market allows us to maximize the value of our exploration efforts for shareholders. Our main goal with this drill program is to expand the high-grade silver zones with sufficient drilling to establish an independent maiden mineral resource estimate at Langis. While most of the drilling by Brixton has focused on brownfield work in and around the mine workings, much of the project with favourable geology has yet to be drill tested, so the new discovery potential remains very high on the project."

Discussion

The Langis project is a primary silver brownfield exploration project with secondary gold and cobalt mineralization, which are believed to result from distinct mineralizing events. Mineralization has been identified near contacts with the Nipissing diabase, and at the unconformity between Archean Keewatin basement rocks and the overlying Huronian sediments. Many areas with favourable geology, away from the historical workings, remain to be drill tested.

Silver is predominantly hosted in vertical, dilatant zones and shear veins, occurring as native silver and silver arsenide. To date, Brixton yielded 220 intervals exceeding 100 g/t Ag with 15 intercepts greater than 1,000 g/t Ag, including three intercepts greater than 5,000 g/t Ag in the shaft 3 area, 10 intercepts greater than 1,000 g/t Ag and five intercepts greater than 5,000 g/t Ag in the shaft 6 area, and two intercepts greater than 1,000 g/t Ag in the central area.

Gold mineralization has been observed locally, particularly around the shaft 6 area. Examples include drill hole LM-16-003, which returned 4.15 m of 4.90 g/t gold, including 0.22 m of 74 g/t gold (news release dated Oct. 18, 2016) and 0.5 m grading 3.88 g/t Au in hole LM-22-254. Gold remains largely underexplored and, historically, it has not been analyzed in this area.

Since 2016, Brixton has conducted five drill campaigns, resulting in over 40,315 m drilled at the Langis project, with a focus on high-grade silver near historical workings. For the 2026 season, the company aims to extend and infill known high-grade silver zones and to test new targets within established structural trends. The goal is to lay the groundwork for a potential maiden resource estimate.

All reported drill intercepts in the news release are drilled lengths and true width has not been determined at this time.

About the Langis project

The wholly owned Langis silver project includes a former-producing mine, approximately 500 kilometres north of Toronto, Ont., Canada, with excellent infrastructure. Silver mineralization is found as native silver and within steeply to moderately dipping veins, veinlets, disseminations, rosettes and fracture infill, often associated with minerals such as calcite, hematite, pyrite, cobaltite, chalcopyrite, niccolite and gold. Mineralization is hosted across three principal rock types: Archean Keewatin volcanic and metasedimentary rocks, Proterozoic Coleman Member sedimentary rocks of the Huronian Supergroup, and Proterozoic Nipissing diabase. The geological ore deposit model for this area is considered to be a continental rift-extensional deposition environment. Intermittently from 1908 to 1989, the Langis mine produced 10.4 million ounces of silver at a head grade of 777.5 g/t silver or 25 ounces per ton (oz/t) silver. Reported silver recoveries at Langis were 88 per cent to 98 per cent. Over 10 kilometres of underground workings were developed by previous operators; however, shafts and openings have been capped and sealed. Historically, silver mines in the Cobalt camp have collectively produced over 500 million ounces of silver.

Qualified person (QP)

Martin Ethier, PGeo, is a consultant for the company who is a qualified person as defined by National Instrument 43-101. Mr. Ethier has verified the referenced data and analytical results disclosed in this news release and has approved the technical information presented herein.

About Brixton Metals Corp.

Brixton Metals is a Canadian exploration company focused on the advancement of its mining projects. Brixton wholly owns four exploration projects: Brixton's flagship Thorn copper-gold-silver-molybdenum project, the Hog Heaven copper-silver-gold project in northwestern Montana, U.S., which is optioned to Ivanhoe Electric Inc., the Langis and HudBay silver projects in Ontario and the Atlin goldfields project, located in northwestern British Columbia, which is optioned to Eldorado Gold Corp. Brixton Metals shares trade on the TSX Venture Exchange under the ticker symbol BBB and on the OTCQB under the ticker symbol BBBXF.

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