Brixton Metals Corp

MINERAL EXPLORATION COMPANY

BRIXTON METALS

Brixton Metals Corp.

551-409 Granville St., Vancouver, BC V6C 1T2

brixtonmetals.com

CONTACTS

GENERAL INQUIRIES, CONTRACTING & EMPLOYMENT

Alyssa Holtby

Project Manager 604 226 9754 pm@brixtonmetals.com

LEADERSHIP

Gary Thompson

President and CEO 604 630 9707 gary.thompson @brixtonmetals.com

PROPERTY LOCATION & ACQUISITION DATE

The Thorn properties are located Northwest of the prolific-metal rich Golden Triangle approximately 130 km southeast of the community of Atlin and 120 km north-northwest of Telegraph Creek. Brixton Metals Corporation acquired The Thorn Property in 2010–2012. During 2018, through Mineral Titles Online (MTO) online-stacking claims were expanded significantly. In 2020, the Trapper and Metla properties were acquired from Kodiak Copper and Stuhini Exploration respectively.

COMPANY OVERVIEW & UPDATE

Any successes or challenges you’d like to share?

2021 Thorn Property Highlights

Drilling Highlights:

• Made a new gold discovery at the Trapper Target with THN21-186 intercepting 139 of 2.14 g/t Au including 11.5 metre of 19.26 g/t Au; and,

• Confirmed copper porphyry mineralization at the

Camp Creek Target with THN21-184 intercepting 821.25 metre of 0.40% CuEq.

Geochemistry Highlights:

• Collected and analyzed 417 rock samples and 607 soil samples with 27 rock samples > 5 g/t Au and 24 rock samples >1% Cu;

Number of employees working on your project(s)?

In the 2021 exploration season between 20–40 personnel (peak season) worked at Brixton Metals Thorn Property. Brixton Metals hired 17 First Nations personnel as employees, contractors, and subcontractors.

Where does the majority of your financing come from year to year? What’s the breakdown of who owns your company and what’s your company’s market cap?

Each year funding comes from new and existing investors with the majority being Canadian, American, and European investors. Shareholder Structure: Eric Sprott, Ivanhoe Electric, Management, Crescat Capital,

PROJECT ACTIVITIES IN THE 2021 SEASON

A total of 2,663 metres were drilled in the Camp Creek Zone and 3,107 metres were drilled in the Trapper Zone. Airborne magnetics and mobile MT geophysical survey covering a 364 km² area. Soil and rock geochemical sampling and geological mapping. Reclamation of drill pads and further drill site clean-up. Implementation of a new annual baseline water quality program. Construction of four wooden sleeper cabins, new kitchen, dry, and washroom facilities and a new septic system that can accommodate up to 100 people at Thorn Camp.

US Global, and Rob McEwan for 40%. The balance is retail and institutional investors. Market cap is at $49 million as of January 2022.

Tentative plans and hopes for the 2022 season?

Drill up to 20,000 metres with a primary focus on Cam Creek Cu-Au-Ag-Mo Porphyry Target and the Trapper Gold Target. Secondary targets include drilling at the Outlaw Gold-Silver Target and potentially at the Metla Copper-Gold Porphyry Target. Conduct geophysical surveys over the Metla and Trapper Target areas. Collect 3,000 to 5,000 soil-rock samples and geochemical modeling on new targets and collaborate with MDRU to improve our porphyry fertility understanding and porphyry vectoring techniques.

RELATIONSHIP WITH THE TCG & TAHLTAN NATION

During the 2021 season, what involvement did TCG personnel and departments have with your company? If they were not involved, why not?

During the 2021 season, the TCG and Tahltan Nation Development Corporation (TNDC) assisted Brixton Metals with supplying Tahltan contractor’s information and bridging the communication between different TNDC partnerships. Held discussions before and after site tour with TCG President Chad Day, Employment & Contracting Director Ann Ball, the TCG Lands Department, and Multimedia Director Adam Amir.

In 2021, how many Tahltans did you employ? What positions did they hold in your company and what percentage of Tahltans did you employ compared to others?

In 2021, Brixton directly employed two Tahltan members hired through Northern Labour Services. Our drilling contractor (Atlas Drilling) and fixed-wing contractor (Tintina Air) each employed one Tahltan member. 25% of First Nations personnel employed in the field self-identified as Tahltan members and 4.2% of the total workforce self-identified as Tahltan members.

What employment opportunities, now and in the future, are available to Tahltan members?

Thorn Property 2022 current and future employment opportunities include camp maintenance workers, construction workers, equipment operators, geologists, engineers, drillers, drill helpers, mill workers, soil samplers, prospectors, core shack geotechnicians, drill pad builders, line-cutters, reclamation workers, core cutters, kitchen staff, support crew, and logistical support.

Why should Tahltan members want to work for you?

Brixton Metals is committed to ensuring a safe, secure, and inclusive work environment for all their employees and contractors. The Thorn Property includes interesting and challenging work where we provide many opportunities for workers to gain knowledge, skills, and trades to further their careers in exploration and mining. We are working with the TCG to connect with potential employees and encourage Tahltan members to join our team. Brixton is also open to on-site and off-site training and education support.

Did you have any Tahltan contractors working for your company? What percentage of your contracting dollars went to Tahltan companies, including TNDC and their joint ventures?

Yes, During the 2021 exploration season, Brixton contracted the following Tahltan companies through TNDC and their joint ventures: Wild Timber Industries Ltd., Yellowhead Helicopters Ltd., and Northern Labour Services Ltd. 4.23% of our contracting dollars went to Tahltan companies.

Do you have any outside contractors working for you? If so, who are they? Who were the primary contractors you utilized? Do they offer employment opportunities to Tahltan members?

Brixton Metals works with a diverse group of contractors who both employ Tahltan members and offer employment opportunities to Tahltan members:

• Annuk Expediting & Logistics: Expediting and logistics positions (Whitehorse, Yukon); • Atlas Drilling Ltd.: Drillers and drill helpers (Kamloops, BC); • Interior Helicopters: Pilots and general helpers (Kamloops, BC); • Tyrannosaurus Xploration Services: Head Cooks, kitchen helpers, level 3 first aiders (Revelstoke, BC); • Tintina Air: Commercial pilots and aircraft maintenance technicians (Whitehorse, Yukon); • ATELP: Cooks, housekeepers, core cutters, maintenance workers, etc. (Atlin, BC); and, • Backcountry Resources: Pad builders, equipment operators, construction workers, etc. (Whitehorse, Yukon).

Above: Thom Project map. Camp marked by the red star near Camp Creek.