Brixton Metals Corporation · TSXV:BBB
Brixton Metals — Investor Presentation (February 2024)
50 slides from Brixton Metals's investor presentation, February 2024
Slide 1: Thorn Project Cu-Au-Ag-Mo
brixtonmetals.com THORN PROJECT Cu-Au-Ag-Mo Northwest British Columbia, Canada February 2024 TSX-V: BBB OTCQB: BBBXF FR: 8BX1
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 Cu-Au-Ag-Mo Porphyry Trend The Flagship Project on the Largest Contiguous Claim Block in BC BHP Strategic Investor 19.9% BRIXTONMETALS.COM
Slide 4: Thorn Project: The Flagship
THORN PROJECT The Flagship wholly owned • Located on trend with British Columbia’s prolific Golden Triangle • In partnership with the Taku River Tlingit and Tahltan First Nations • Easy access via 45 minute flight from Whitehorse, YT • A massive 2,880km2 claim block • Potential access to US tide wat
Slide 5: Thorn Project Timeline
THORN PROJECT TIMELINE BRIXTONMETALS.COM
Slide 6: Thorn Terrane
THORN TERRANE STIKINIA Casino Cu-Mo-Au 74 Ma The Thorn Project is located within the Stikine Terrane, an Upper Triassic to Lower Jurassic accreted exotic magmatic arc in the Intermontane belt of the northern Cordillera. Adanac Mo 70 Ma The belt includes Late Triassic to Eocene Pebble Cu-Mo-Au magmat
Slide 7: BCGS Regional Geochemical Survey – Re-Analysis 2018
BCGS REGIONAL GEOCHEMICAL SURVEY – Re-Analysis 2018 Open File THORN PORPHYRY Cu-Au The Thorn Project encompasses one of the largest and highest- Weighted Sums Model ranking Porphyry Copper-Gold geochemical anomalies within BC Principal Component Residuals Dilution Corrected CAMP CREEK THORN PROJECT
Slide 8: Scale Comparison: Thorn vs Sulphurets Camp
SCALE COMPARISON: THORN vs SULPHURETS CAMP The Thorn Project is 2,880 km2 This side-by-side scale comparison demonstrates that the entire Sulphurets Camp in the Golden Triangle fits within the Camp Creek to Metla region at Thorn. *For scale comparison only. Brixton makes no assurances on resource ad
Slide 9: Thorn Regional Geology
THORN REGIONAL GEOLOGY BRIXTONMETALS.COM
Slide 10: Thorn Geology & Target Areas
Favourable Stuhini Group host rocks in vicinity of “Red THORN GEOLOGY & TARGET AREAS Line” boundary (refers to Jurassic-Triassic contact in NW BC; Nelson & Kyba 2014) M. Mihalynuk, K. Bellefontaine, D. Brown, J. Logan, J. Nelson, A. Legun & L. Diakow, 1996. Digital Geology Data, NW British Columbia,
Slide 11: Thorn Porphyry Belt Cross-Section View
B THORN PORPHYRY BELT Cross-Section View West-Northwest A Triassic Triassic Eocene A JurassicEocene – Laberge Group B - Triassic Cretaceous Cretaceous Adapted from the Geological Survey of Canada 1969 Jurassic – Laberge Group BRIXTONMETALS.COM
Slide 12: Thorn Project Copper Geochemistry
THORN PROJECT COPPER GEOCHEMISTRY BRIXTONMETALS.COM
Slide 13: Thorn Project Gold Geochemistry
THORN PROJECT GOLD GEOCHEMISTRY BRIXTONMETALS.COM
Slide 14: Porphyry Alteration
PORPHYRY ALTERATION Widespread porphyry alteration minerals mapped across the property, highlighting several anomalous areas. ASTER-SENTINEL 2 data acquired for the property in 2020 BRIXTONMETALS.COM
Slide 15: Long Section – View Northeast
Porphyry X Moly LONG SECTION – VIEW NORTHEAST CAMP CREEK 2023 Re-Os Age Dates 86.60 +/- 0.36 Ma Porphyry Moly Fragment from Oban Breccia 87.21 +/- 0.37 Ma 2021 U-Pb Zircon Age Dates Off Section: Eocene Granodiorite 54.2 +/- 0.8Ma WEST TARGET Cu Porphyry BRIXTONMETALS.COM
Slide 16: Camp Creek & Outlaw Target Areas
CAMP CREEK & OUTLAW TARGET AREAS Setting is ideal for several types of precious & base metal discoveries BRIXTONMETALS.COM
Slide 17: Thorn Depositional Setting
THORN DEPOSITIONAL SETTING TALISKER TRAPPER OBAN GLENFIDDICH OUTLAW CAMP CREEK Sillitoe, R.H., 2010, Porphyry Copper Systems. Economic Geology 2010; 105 (1): 3–41. BRIXTONMETALS.COM
Slide 18: Camp Creek Acid Sulfate Alteration
CAMP CREEK ACID SULFATE ALTERATION BRIXTONMETALS.COM
Slide 19: 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 Diatreme 554.7m of 0.97% CuEq, inlc.277.8m of 1.47% CuEq Inlc. 18.
Slide 20: Camp Creek Diamond Drilling
CAMP CREEK DIAMOND DRILLING BRIXTONMETALS.COM
Slide 21: Porphyry Vectoring - Geochemistry
PORPHYRY VECTORING - GEOCHEMISTRY VERTICAL DISTRIBUTION OF ELEMENTS index increases with depth MDRU PORPHYRY INDEX (MPIx) (Cu/10) +Mo+(10xW)+(20xSn) Proximal elements (5xSb)+(20xTl)+Ag+As+Li Distal elements Bouzari et al., 2019 Halley, S., Dilles, J.H., and Tosdal, R.M., 2015, Footprints: Hydrotherm
Slide 22: Camp Creek: A Blind Porphyry Discovery
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, $US 18.00/lb Mo. These prices represent the approximate 1 year moving averages of metal prices and calculations assume 95% recovery. The formula is: CuEq % = (Cu
Slide 23: -400m Below Sea Level Elevation Slice
-400m BELOW SEA LEVEL ELEVATION SLICE BRIXTONMETALS.COM
Slide 24: Camp Creek Conceptual 3D Model
CAMP CREEK CONCEPTUAL 3D MODEL Copper Equivalent (CuEq) is calculated based on US$ 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.
Slide 25: THN22-201: Strip Log
THN22-201: STRIP LOG 1.13 % Cu 1.11 % Cu BRIXTONMETALS.COM
Slide 26: THN23-261: Strip Log
THN23-261: STRIP LOG 129.45m: Polylithic Phreatomagmatic Breccia 492.42m: D-vein hosted in PY 1442.70m: Cpy clots hosted in k-spar altered PX 1579.30m: Qtz-Py-Cpy vein hosted in SLTS BRIXTONMETALS.COM
Slide 27: THN23-261 Mineralization Highlights
THN23-261 MINERALIZATION HIGHLIGHTS 161.8m: 1.00m of 1.28g/t Au, 150.0g/t Ag 172.60m: 1.50m of 0.63g/t Au, 159.0g/t Ag & 2.74% Cu 1461.85m: 2.00m of 0.64% Cu & 1.97% Cu Py-Ss Vein & 1215ppm Mo Fracture filled semi-massive Py-Ss hosted in BX hosted in Porphyry Y Cpy A-vein hosted in Porphyry X 1231.4
Slide 28: Camp Creek Mineralization Highlights
CAMP CREEK MINERALIZATION HIGHLIGHTS THN22-201 at 1023.10m: 1.9m of 0.60g/t THN22-221 at 1040.25m: 2.00m of 0.20g/t Au, THN22-201 at 1092.90m: 2.00m of 0.14g/t Au, Au, 8.81g/t Ag, 1.14% Cu & 250ppm Mo 5.13g/t Ag, 0.69% Cu & 254ppm Mo 9.30g/t Ag, 0.78% Cu & 395ppm Mo Cpy on fractured surface hosted i
Slide 29: Metal Content of Camp Creek Porphyry Phases
METAL CONTENT OF CAMP CREEK PORPHYRY PHASES Copper (ppm) Gold (ppm) Molybdenum (ppm) Dyke Porphyry V Porphyry X Porphyry Y Porphyry Z Porphyry X – Crowded Feldspar Porphyry with Stacked Biotite THN23-261 NQ Size Core at 1448.65m BRIXTONMETALS.COM
Slide 30: Camp Creek Porphyry X Fertility
CAMP CREEK PORPHYRY x FERTILITY V / Sc vs. Sc Sr / Y vs. Y Sr / Y V / Sc Porphyry Cu field Sc (ppm) Y (ppm) Olson, N.H., Dilles, J.H., Kent, A.R., and Lang, J.L., 2017, Geochemistry of the Cretaceous Kaskanak Batholith and genesis of the Rees, C., Riedell, K.B., Proffett, J.M., Macpherson, J., and R
Slide 31: Current Research – MDRU White Mica Evaluation
METAL CONTENT OF CAMP CREEK PORPHYRY PHASES METAL CONTENT CURRENT RESEARCH – MDRU OF CAMP CREEK WHITEPORPHYRY PHASES MICA EVALUATION WHITE MICA PYROPHYLLITE WHITE MICA COMPOSITION Muscovite abundance increases with depth and Occurs in THN20-182 and 180 at shallow levels, K-rich at shallow levels and
Slide 32: 2023 Global Copper Intercepts
2023 GLOBAL COPPER INTERCEPTS (to September 21st) Copper as the Primary Commodity Note: Only the best hole from 2023 was included for each project. Market Cap values from September 21 st, 2023. *Copper Equivalent (CuEq) is calculated based on US$ 3.82/lb Cu, US$ 1863.32/oz Au, US$ 22.59/oz Ag, $US 2
Slide 33: pXRF vs. Four Acid Digestion Assays
pXRF vs. Four Acid Digestion Assays Copper (ppm) – XRF Results Copper (ppm) – Four Acid Assays BRIXTONMETALS.COM
Slide 34: Mobile MT Geophysics
MOBILE MT GEOPHYSICS BRIXTONMETALS.COM
Slide 35: Gold Geochemistry
GOLD GEOCHEMISTRY BRIXTONMETALS.COM
Slide 36: Previous Trapper Drilling
PREVIOUS TRAPPER DRILLING BRIXTONMETALS.COM
Slide 37: Trapper Geophysics
TRAPPER GEOPHYSICS Current Target Area Calculated Vertical Gradient from Residual Magnetic Field 2011 Drill Target Area BRIXTONMETALS.COM
Slide 38: Trapper Geology / Drilling Highlights
TRAPPER GEOLOGY / DRILLING HIGHLIGHTS BRIXTONMETALS.COM
Slide 39: Trapper 3D Conceptual Deposit Model
TRAPPER 3D CONCEPTUAL DEPOSIT MODEL Intermediate Sulphidation Epithermal System BRIXTONMETALS.COM
Slide 40: Trapper Visible Gold in Core
TRAPPER VISIBLE GOLD IN CORE THN22-25 at 151.75m: 0.25m of 249 g/t Au THN23-270m at 144.00m: 0.35m of 22 g/t Au THN22-206 at 60.18m: 0.25m of 8.96 g/t Au Native Gold hosted in Quartz Diorite Visible Gold hosted in a sheared base metal vein Native Gold hosted in Quartz Diorite THN22-237 at 159.78m: 0
Slide 41: Metla & Plum Target Areas
METLA & PLUM TARGET AREAS 129 Rock Samples Assayed > 1% Cu 21 Rock Samples Assayed > 10g/t Au METLA 62.7 g/t Au PLUM BRIXTONMETALS.COM
Slide 42: Metla Copper-Gold Alkalic Porphyry Target
METLA COPPER-GOLD ALKALIC PORPHYRY TARGET Bornite-chalcopyrite-visible gold, hosted in potassically altered hornblende diorite BRIXTONMETALS.COM
Slide 43: North Target
NORTH TARGET BRIXTONMETALS.COM
Slide 44: East Target
EAST TARGET BRIXTONMETALS.COM
Slide 45: South Target
SOUTH TARGET BRIXTONMETALS.COM
Slide 46: 2023 Thorn Season to Date
2023 THORN SEASON TO DATE • 16,725 meters drilled and 32 holes collared • Camp Creek: 10,100m • Trapper: 6,625m • Downhole XRF data collected for all Camp Creek drill holes • Oriented core data collected for all drill holes • 21 Samples collected for either Re-Os, Pb-Pb or U-Pb age dating • 1,267 ro
Slide 47: Community Engagement
COMMUNITY ENGAGEMENT 67% of personnel working on site were employed through First Nations contractors or Joint Ventures First Nations employees, contractors, and management accounted for 22% of the seasonal workforce Female-identifying employees, contractors, and management accounted for 24% of the
Slide 48: Thorn Summary
THORN SUMMARY DISTRICT SCALE CU-AU-AG-MO PORPHYRY PROPERTY • 2,880 km2 mineral tenure • Significant consolidation of claims by Brixton over the last few years, including the addition of the Metla, Trapper & IMGM claims • 100% Brixton owned with low to no NSR’s • Largely unexplored 80 km geochemical
Slide 49: Thank You to Our Team & Contractors
THANK YOU TO OUR TEAM & CONTRACTORS Riedell Exploration Ltd. BRIXTONMETALS.COM
Slide 50: Appendix: Supplemental Data Camp Creek Select Drill Data
APPENDIX: SUPPLEMENTAL DATA CAMP CREEK SELECT DRILL DATA Copper Equivalent (CuEq) is calculated based on US$ 3.82/lb Cu, US$ 1863.32/oz Au, US$ 22.59/oz Ag, $US 23.19/lb Mo. These prices represent the approximate 1 year moving averages of metal prices and calculations assume 95% recovery. The formul
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