Brixton Metals Corporation · TSXV:BBB
Brixton Metals — Investor Presentation (September 2022)
38 slides from Brixton Metals's investor presentation, September 2022
Slide 1: Thorn Project Cu-Au-Ag-Mo
THORN PROJECT CU-AU-AG-MO Northwest British Columbia, Canada SEPTEMBER 2022 BBBXF. OTCQB BBB. TSX-V 8BX1. GR 1
Slide 2: Safe Harbour Statement
SAFE HARBOUR STATEMENT Information set forth in this presentation involves forward-looking statements, including but not limited to comments regarding planned drilling and other exploration, identification of new targets, and timelines, predictions and projections. Forward-looking statements are sta
Slide 3: Project Location – Northwest British Columbia
PROJECT LOCATION – NORTHWEST BRITISH COLUMBIA Exploring a District Scale The Flagship Project Cu-Au-Ag Porphyry Trend on the Largest Contiguous Claim Block in BC 3
Slide 4: Thorn Project: The Flagship
HEART PEAKS – Newmont THORN PROJECT BRIXTON The Flagship 2,863 square kilometer claim group Located along trend of the prolific-metal rich Golden Triangle GOLDEN BEAR – Past Producing Gold Mine In partnership with the Taku River Tlingit and Telegraph Creek Iskut Tahltan First Nation Territory SADDLE
Slide 5: Thorn Terrane
THORN TERRANE STIKINIA The Thorn Property is located within Stikine Casino Cu-Mo-Au Terrane, an Upper Triassic 74 Ma to Lower Jurassic accreted exotic magmatic arc in the Intermontane belt of the northern Cordillera. Adanac Mo The belt includes Late 70 Ma Triassic to Eocene Pebble Cu-Mo-Au magmatism
Slide 6: Setting & Reconstruction: Pebble and Thorn
SETTING & RECONSTRUCTION APPROXIMATE LOCATION 85-90 Ma Pebble and Thorn formed near each other ~85-90 Ma Pebble ago, but since then they have Thorn been separated along the dextral Denali fault system to their current locations ~1,100 km apart. Pre-faulting architecture puts Thorn inboard of the Peb
Slide 7: BCGS Regional Geochemical Survey – Re-Analysis 2018
BCGS Regional Geochemical Survey – Re-Analysis 2018 PORPHYRY Cu-Au The Thorn Property encompasses one of the largest Weighted Sums Model THORN Principal Component Residuals and highest-ranking Porphyry Copper-Gold geochemical Dilution Corrected anomalies within BC THORN PROJECT CAMP CREEK D. C. Arne
Slide 8: Scale Comparison: Thorn vs Sulphurets Camp
SCALE COMPARISON: THORN vs SULPHURETS CAMP CAMP CREEK ESKAY CREEK WEST OUTLAW GOLDSTORM CHIVAS TRAPPER IRON CAP MITCHELL SNOWFIELD SULPHURETS METLA BRUCEJACK Thorn Property is 2,811 km2 KERR 0km 10km 0km 10km *For scale comparison only. Brixton makes no assurances on resource addition to the Thorn P
Slide 9: Thorn Regional Geology
THORN REGIONAL GEOLOGY GOLDEN BEAR TATOGGA RED CHRIS SCHAFT CREEK GALORE CREEK Bowser Basin ESKAY CREEK SNIP TREATY CREEK KSM BRUCEJACK 9
Slide 10: Thorn Geology & Target Areas
THORN GEOLOGY & TARGET AREAS CAMP CREEK NORTH TARGET OUTLAW VAL WEST TARGET TAT EAST TARGET TRAPPER PLUM METLA Structurally well-prepared rocks Favourable Stuhini host rocks in vicinity of “Red Line” boundary (refers to Jurassic-Triassic contact in NW BC; Nelson & Kyba 2014) SOUTH TARGET GOLDBEE M.
Slide 11: Thorn Porphyry Belt Cross-Section
B THORN PORPHYRY BELT Cross-Section View West-Northwest A Triassic Jurassic – Laberge Group Eocene A B - Triassic Cretaceous Cretaceous Jurassic – Laberge Group Adapted from the Geological Survey of Canada 1969 11 11
Slide 12: Thorn Property Targets: Copper Geochemistry
THORN PROPERTY TARGETS NORTH TARGET CAMP CREEK COPPER GEOCHEMISTRY OUTLAW Reconnaissance surface WEST TARGET geochemical work continues TAT to unveil new Cu-Au anomalies and target areas TRAPPER TERR VAL EAST TARGET CENTRAL TARGET (>1%) Since 1952: METLA GOLDEN BEAR MINE 290 holes collared and Past
Slide 13: Thorn Property Targets: Gold Geochemistry
THORN PROPERTY TARGETS NORTH TARGET CAMP CREEK GOLD GEOCHEMISTRY OUTLAW WEST TARGET TAT TERR TRAPPER EAST TARGET VAL CENTRAL TARGET METLA GOLDEN BEAR MINE 80km Cu-Au megatrend Past Producer Au PLUM Long-lived Triassic-Jurassic- Cretaceous-Eocene aged mineralizing systems Largely underexplored SOUTH
Slide 14: Thorn Depositional Setting
THORN DEPOSITIONAL SETTING TALISKER Setting is ideal for several types of precious & base TRAPPER metal discoveries OBAN GLENFIDDICH CAMP CREEK OUTLAW Sillitoe, R.H., 2010, Porphyry Copper Systems. Economic Geology 2010; 105 (1): 3–41. 14
Slide 15: Porphyry Alteration
PORPHYRY ALTERATION CAMP CREEK Widespread porphyry alteration minerals mapped NORTH OUTLAW across the property, highlighting several TRAPPER anomalous areas. WEST ASTER-SENTINEL 2 data PLUM acquired for the property in 2020 EAST METLA SOUTH GOLDBEE 15
Slide 16: Camp Creek Acid Sulfate Alteration
CAMP CREEK ACID SULFATE ALTERATION 16
Slide 17: Long Section – View Northeast
LONG SECTION – VIEW NORTHEAST Off Section: 2021 U-Pb Zircon Age Dates Eocene Granodiorite 54.2 +/- 0.8Ma WEST TARGET Cu Porphyry 1717
Slide 18: Deep Porphyry Evidence from 2011 to 2019
THN11-60 DEEP PORPHYRY EVIDENCE FROM 2011 to 2019 95.08 m of 1.71 g/t Au, 628.00 g/t Ag, 2.39% Zn, 3.31% Pb Porphyry clasts A & B veins in clasts THN19-150 OBAN 554.70 m of 0.57 g/t Au, 0.24% Cu, 43.18 g/t Ag, 0.55% Zn, 0.28% Pb OBAN THN19-151 THN13-121 GLENFIDDICH 1.1m (true width) of 10.62% Cu, 2.
Slide 19: Camp Creek Drilling 2022
CAMP CREEK DRILLING 2022 Copper Equivalent (CuEq) is calculated based on US$ 4.30/lb Cu, US$ 1820.00/oz Au, US$ 23.80/oz Ag, $US 18.00/lb Mo. These prices represent the approximate 1 year moving averages of metal prices and calculations assume 95% recovery. The formula is: CuEq % = (Cu % + (0.617248
Slide 20: Porphyry Vectoring - Geochemistry
PORPHYRY VECTORING - GEOCHEMISTRY PORPHYRY GEOCHEMICAL MODEL index increases with depth THN19-162 553.8m MDRU PORPHYRY INDEX (MPIx) (Cu/10) +Mo+(10xW)+(20xSn) Proximal elements (5xSb)+(20xTl)+Ag+As+Li Distal elements Halley, S., Dilles, J.H., and Tosdal, R.M., 2015, Footprints: Hydrothermal alterati
Slide 21: 2022 Camp Creek: A Blind Porphyry Discovery
2022 CAMP CREEK: A BLIND PORPHYRY DISCOVERY Copper Equivalent (CuEq) is calculated based on US$ 4.30/lb Cu, US$ 1820.00/oz Au, US$ 23.80/oz Ag, $US 18.00/lb Mo. These prices represent the approximate 1 year moving averages of metal prices and calculations assume 95% recovery. The formula is: CuEq %
Slide 22: THN22-201 Strip Log
THN22-201 STRIP LOG 1.13 % Cu Copper Equivalent (CuEq) is calculated based on US$ 4.30/lb Cu, US$ 1.11 % Cu 1820.00/oz Au, US$ 23.80/oz Ag, $US 18.00/lb Mo. These prices represent the approximate 1 year moving averages of metal prices and calculations assume 95% recovery. The formula is: CuEq % = (C
Slide 23: THN21-183 & THN21-184 Mineralization Highlights
THN21-184 NQ size core 0.528% Cu and 590 ppm Mo over 2.0m THN21-183 & THN21-184 MINERALIZATION HIGHLIGHTS THN21-184 NQ size core at 1008.1m, 0.783% Cu over 2m chalcopyrite-pyrite-molybdenite quartz veins with potassic alteration at 1106.50m THN21-183 NQ size core 3.44% Cu, 2.03 g/t Au, 193 ppm Mo ov
Slide 24: Camp Creek Corridor Interpretation
CAMP CREEK CORRIDOR INTERPRETATION 24
Slide 25: Metal Content of Camp Creek Porphyry Phases
METAL CONTENT OF CAMP CREEK PORPHYRY PHASES Copper (ppm) Gold (ppm) Porphyry X Molybdenum (ppm) Porphyry W PorphyryPorphyry Y X Porphyry Z Porphyry Z2 Porphyry V (late monzodiorite) Porphyry X - Crowded fsp porph with stacked biotite THN21-184 NQ size core at 937.51m 25
Slide 26: Camp Creek Porphyry X Fertility
CAMP CREEK PORPHYRY X FERTILITY V / Sc vs. Sc Sr / Y vs. Y Sr / Y V / Sc Sc (ppm) Y (ppm) Olson, N.H., Dilles, J.H., Kent, A.R., and Lang, J.L., 2017, Geochemistry of the Cretaceous Rees, C., Riedell, K.B., Proffett, J.M., Macpherson, J., and Robertson, S., 2015, The Red Chris Kaskanak Batholith and
Slide 27: Current Research – MDRU White Mica Evaluation
CURRENT RESEARCH – MDRU WHITE MICA EVALUATION ALL INDICATORS THN11-47 THN11-47 POINT WEST THN11-47 THN20-180 THN20-180 THN20-180 THN21-184 THN21-184 THN21-184 W2200 White Mica default <2200.62 (50%) <2207.78 (75%) <2210.25 (87%) <2214.23 (93%) pyrophyllite <2218.02 (98%) <2221.68 (100%) THN20-181 TH
Slide 28: 2022 Global Copper Intercepts
2022 GLOBAL COPPER INTERCEPTS (to August 31st) Copper as the Primary Commodity Note: Only the best hole from 2022 was included for each project. As of August 31, 2022, the Thorn Project and the Kwanika Project do not have a NI-43-101 Mineral Resource Estimate. *Copper Equivalent (CuEq) is calculated
Slide 29: Trapper Location - Gold Geochemistry
TRAPPER LOCATION - GOLD GEOCHEMISTRY THORN CAMP & AIRSTRIP CAMP CREEK 2km by 1km OUTLAW 5km by 1km TRAPPER 4km by 1km 29
Slide 30: Trapper Gold Mineralization
TRAPPER GOLD MINERALIZATION
Slide 31: Trapper Gold Target – 2022 Drilling
TRAPPER GOLD TARGET – 2022 DRILLING 31
Slide 32: Trapper Visible Gold in Drill Core 2021
TRAPPER VISIBLE GOLD IN DRILL CORE 2021 THN21-186 at 60.83m THN21-186 at 50.05m 160 g/t Au over 0.5m 276 g/t Au over 0.46m THN22-208 at 23.51m, 40.6g/t Au over 0.25m THN22-206 at 60.18m, 8.96 g/t Au over 0.25m visible gold in base metal vein visible gold hosted in quartz diorite 32
Slide 33: Metla 2022: Drilling, Prospecting & Soils
METLA 2022: DRILLING, PROSPECTING & SOILS Bornite in drill core – Assays Pending 2020 Metla 100% acquisition further consolidating the 80km trend. Metla hosts significant gold- copper mineralization at surface. Trenching by Teck-Cominco in 1989 returned 4.6 g/t Au over 9 m 33
Slide 34: Metla: Copper-Gold Alkalic Porphyry Target
METLA: COPPER-GOLD ALKALIC PORPHYRY TARGET Bornite-chalcopyrite-visible gold, hosted in potassically altered hornblende diorite Chalcopyrite in Kspar-Epidote-Chlorite Chalcopyrite in Quartz-Kspar Vein Visible gold and bornite Bornite and Chalcopyrite 34
Slide 35: 2022 Thorn Season Update
2022 THORN SEASON UPDATE 11,926 meters drilled to date and 33 holes planned up to 18,000m Camp Creek: 5,339m Trapper: 4,420m Metla: 1,132m Outlaw: 1,035m → Downhole XRF data collected for all Camp Creek drill holes → Oriented core data collected for majority of drill holes 496 rock samples collected
Slide 36: Thorn Summary
THORN SUMMARY DISTRICT SCALE CU-AU-AG-MO PORPHYRY PROPERTY Objective: 2,863 km2 mineral tenure Unlock the Potential of Significant consolidation of claims by Brixton over the last few the District-Scale years, including the addition of the Metla, Trapper & IMGM claims Cu-Au-Ag-Mo Porphyry 100% Brixt
Slide 37: Contact
BBBXF. OTCQB BBB. TSX-V 8BX1. GR 1-604-630-9707 Email: info@brixtonmetals.com brixtonmetals.com Suite 551 – 409 Granville Street, Vancouver, BC, V6C 1T2 Canada 37
Slide 38: Appendix: Supplemental Data
APPENDIX: SUPPLEMENTAL DATA Copper Equivalent (CuEq) is calculated based on US$ 4.30/lb Cu, US$ 1820.00/oz Au, US$ 23.80/oz Ag, $US 18.00/lb Mo. These prices represent the approximate 1 year moving averages of metal prices and calculations assume 95% recovery. The formula is: CuEq % = (Cu % + (0.617
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