Brixton Metals Corporation · TSXV:BBB
Brixton Metals — Investor Presentation (January 2018)
37 slides from Brixton Metals's investor presentation, January 2018
Slide 1: Corporate Presentation: Advancing High Potential Gold & Silver Projects
CORPORATE PRESENTATION Advancing High Potential Gold & Silver Projects JANUARY 2018 Au Au Ag Ag Au Au BBB : TSX VENTURE 8BX1 : GR BXTMF :OTCMKTS 1 BXTMF : OTCMKTS
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 timeline, predictions and projections. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-lo
Slide 3: Brixton's Strategy
BRIXTON’S STRATEGY Acquire gold & silver assets in safe jurisdictions at reasonably low costs Generate shareholder value through drilling and de-risking the project to feasibility and through M&A Focus on geology with district scale potential for high-grade Au-Ag as underground and open pit deposits
Slide 4: Why Invest in Brixton?
WHY INVEST IN BRIXTON? Brixton wholly owns 4 silver-gold projects in Canada/USA where each project has returned exceptional results to date. Cobalt Camp: Brownfield silver-cobalt exploration project Langis: 10.4 Moz at 25 opt Ag Past Production plus 358,340 lbs of cobalt HudsonBay: 6.4 Moz at 12
Slide 5: Management & Directors
MANAGEMENT & DIRECTORS A discovery driven team with a proven track record of building companies GARY THOMPSON P.Geo., CHAIRMAN & CEO IAN BALL B.Com, DIRECTOR • Co-Founder of Brixton Metals Corporation • CEO of Abitibi Royalties Inc. • 25 years in exploration for precious/base metals, • Previously Pr
Slide 6: Share Structure
SHARE STRUCTURE TSX Venture Exchange : BBB Share price $0.33 BBB Ownership Gold 2000 9% Shares Outstanding basic 63.7M Management 8% Options 6M Evanachan (Rob McEwen) 6% Warrants 22.4M Pan American Silver 4% Shares Outstanding Fully Diluted 92.1M US Global 4% Market Capitalization $ 21 M Hecla Minin
Slide 7: Project Location
PROJECT LOCATION Atlin Au Thorn Au-Ag Langis Ag-Co Hog Heaven Ag-Au-Cu Mexico 7
Slide 8: Cobalt Camp Projects
COBALT CAMP PROJECTS Northeast Ontario, Canada LANGIS MINE Cobalt Camp Past production: 10.4 Moz Ag 358,340 lbs of Cobalt cobalt HUDSON BAY MINE Past production: 6.4 Moz Ag at 123 opt Ag The Camp Historically has 185,570 lbs of cobalt produced over 500 Moz of Silver and 50 Mlbs of Cobalt 8
Slide 9: Cobalt Project Summary
COBALT PROJECT SUMMARY Two past producing, high-grade silver mines in the Cobalt Camp, Ontario. A brownfields exploration and development opportunity for silver-cobalt. LANGIS MINE past production (1908-1989) of 10.4 Moz Ag at 25 opt and 358,340 lbs of cobalt. (Closed in 1990 due to a silver price d
Slide 10: Langis Geology
LANGIS GEOLOGY High‐grade silver intersections have been Syenite Nippising recovered from diabase- Diabase Sill metaseds-volcanic rock Shaft#7 dump sample: types. 182,065 g/t (18%) Ag (5,853 oz/t Ag) Silver bearing veins are And 16% Cobalt moderate-steeply- dipping and are categorized as single- vei
Slide 11: Cobalt Veins
Q ABR vx1x10N COBALT VEINS Cobaltite intercepts (blue) Co intercepts with low silver Low likelihood of being mined out?
Slide 12: Langis New Targets
Bx BRIXTON LANGIS new tarcets METALS gram-meters LANGIS STRUCTURAL TARGETS _ Ae intercepts all ine , Targets at structural intersections on strike or parallel to existing . 250m a mineralization : L —— Underground workings == Veins MM Shafts “= ™ Interpreted structures/targets 12
Slide 13: Langis-Hudson Bay Next Steps
LANGIS‐HUDSON BAY Next Steps Q1-Q2 2018 Drill test several new structural and geophysical targets for at both Langis and Hudson Bay mine sites Drill for extension of the previously mined veins at Langis and Hudson Bay Total drilling of 10,000m – 15,000m Define a mineralized zone that could establish
Slide 14: Hog Heaven Ag-Au-Cu Project
HOG HEAVEN Ag‐Au‐Cu Project Montana, USA Year-round road access Mill capacity in the region 14
Slide 15: Hog Heaven Ag-Au-Cu Project
HOG HEAVEN Ag‐Au‐Cu Project The Hog Heaven property is located in north-western Montana, USA and is wholly owned by Brixton subject to a Hog Heaven 3% NSR to the vendors USA Hog Heaven is a high-sulphidation Ag-Au-Cu-Pb-Zn epithermal vein-breccia deposit with high-grade underground targets A Feasibi
Slide 16: Hog Heaven Geology
HOG HEAVEN GEOLOGY Soil Geochemical Targets Geophysical Targets Extension Targets Known Mineralization Mine or Prospect Significant upside exists for new zones to be discovered 16
Slide 17: Hog Heaven AgEq Grade Shells
HOG HEAVEN AGEQ GRADE SHELLS AgEq g/t Silver Equivalent values (AgEq) were calculated using the formula AgEq 8040 = $1,200 x Au g/t ÷ 31.104 + $17 x Ag g/t ÷ 31.104 + $3 x % Cu ÷ 100 x 2204.63 + $1 x % Pb ÷ 100 x 2204.63 + $1.20 x % Zn ÷ 100 x Main Mine 2204.63/$17 x 31.104. This method assumes full
Slide 18: Hog Heaven Main Mine Long Section Silver Only
HOG HEAVEN-MAIN MINE LONG SECTION SILVER ONLY VIEW TO EAST 23.01m of 599 g/t Ag 18.29m of 633 g/t Ag 24.38 m of 438 g/t Ag Incl. 3.05m of 3075 g/t Ag Incl. 3.05m of 2571 g/t Ag A’ 7029 Incl. 3.05m of 987 g/t Ag 42.67m of 356 g/t Ag Incl. 7.62m of 928 g/t Ag A 12.19m of 1089 15.24m of 230 g/t Ag g/t
Slide 19: Hog Heaven Main Mine Long Section Silver Equivalent
HOG HEAVEN-MAIN MINE LONG SECTION SILVER EQUIVALENT* VIEW TO EAST 18.29m of 695 g/t AgEq 100.58 m of 266 g/t AgEq 23.01m of 687 g/t AgEq Incl. 3.05m of 2737 g/t AgEq Incl. 12.19m of 745 g/t Incl. 3.05m of 3347 g/t AgEq A’ 8040 AgEq 42.67m of 375 g/t AgEq** Incl. 7.62m of 970 g/t AgEq A 18.19m of 162
Slide 20: Hog Heaven Historical Drilling
HOG HEAVEN HISTORICAL DRILLING Hole ID From (m) To (m) Interval (m) Ag g/t AgEq g/t Ag GxT AgEq GxT FD‐75‐2 204 244 40 155 336 6154 13313 722 holes: 68% of FD‐75‐4 163 205 42 96 275 4022 11589 intervals were not FD‐75‐5 69 78 9 95 253 866 2312 analyzed for copper FD‐75‐6 81 93 12 111 165 1319 1962 a
Slide 21: Hog Heaven Next Steps
HOG HEAVEN Next Steps Compile and digitize the historical data into 3D zone models Exploration plans for early 2018 include magnetics and IP geophysical surveys and a relogging and resampling campaign of the historical drilling Spring 2018 phase one drilling with a focus on high grade zones as confi
Slide 22: Thorn Project Summary
THORN PROJECT SUMMARY Exploration Project Wholly owned 997 km2 claim block Accessed via one hour fixed-wing flight from Whitehorse, YK, 65km to tide water New Discovery at the Chivas zone in 2017 Diatreme breccia & high-sulphidation veins 21.5 Moz AgEq Inferred (open for expansion) (7.4 Mt at 89.75
Slide 23: Thorn Geology
THORN GEOLOGY Diatreme breccia Ag-Au-Cu-Pb-Zn Structurally high-sulphidation breccia-vein well prepared rocks and multiple mineralizing events over a long time period high-sulphidation breccia-vein RED LINE Unconformity 2km 6.45m of 4.86 g/t AuEq within 18m 1.83 g/t AuEq 17.26m of 2.62 g/t AuEq wi
Slide 24: Gold-in-Soil Geochem
GOLD‐IN‐SOIL GEOCHEM Large scale gold targets 24
Slide 25: Thorn Project Next Steps
THORN PROJECT Next Steps Alteration mapping, paragenetic geochronology studies to understand the relationships between the different mineralized zones, Oban-Talisker- Glenfiddich, Outlaw and Chivas which should help to vector drill targets Drill along the 4km strike at the Outlaw zone at 150-200m ce
Slide 26: Atlin Gold Camp
ATLIN GOLD CAMP 50km % 293 g/t Au 26
Slide 27: Atlin Next Steps
ATLIN Next Steps Detailed geologic and alteration mapping in order to constrain the alteration assemblages and lithological compositions associated with orogenic and intrusion-related gold; as well as detailed structural mapping and analysis, to further investigate the structural and lithological co
Slide 28: Why Invest in Brixton?
WHY INVEST IN BRIXTON? High potential projects provides investors with a compelling risk-reward opportunity A discovery driven, well seasoned and efficient management team 64M shares outstanding with strong shareholders like Gold 2000, Rob McEwen, US Global, Eric Sprott, Hecla Mining, Pan American S
Slide 29: Contact Information
Contact Information BRIXTON METALS CORPORATION (TSX-V: BBB) 1-604-630-9707 email: info@brixtonmetals.com www.brixtonmetals.com Suite 551 – 409 Granville Street, Vancouver, BC, V6C 1T2 Canada
Slide 30: Appendices
Q BX Brixton 5¥ YMETALS Appendices
Slide 31: Chivas Zone New Discovery Au-Ag-Cu
CHIVAS ZONE NEW DISCOVERY Au‐Ag‐Cu 6.45m of 4.86 g/t AuEq within 18m 1.83 g/t AuEq 16.7 g/t Au, 6.39 g/t Au, 8.0m of 4.01 g/t AuEq within 11m of 2.96 g/t AuEq 17.26m of 2.62 g/t AuEq within 52.00m of 0.87 g/t AuEq 31
Slide 32: Thorn Chivas Zone Section
THORN CHIVAS ZONE SECTION a 7 HoleID From To interval Au Ag Cu Pb Zn AUEG (m) (m) (metre) g/t g/t % % % g/t THNI7142 40 61 210.46 39.78 103 CHIVAS CROSS-SECTION A-A’ TANI Tao 3R O18 Ons tag 018086 55 CONCEPTUAL GEOLOGY AND ALTERATION including 161 167.45 6.45 2.63 45.15 0.18 0.42 15 4.86 Au Eq git T
Slide 33: Thorn Outlaw Zone Sediment Hosted Au
THORN OUTLAW ZONE SEDIMENT HOSTED Au 59m of 1.15 g/t Au Incl. 9m of 3 g/t Au 33
Slide 34: Thorn Oban Zone Block Model
THORN OBAN ZONE BLOCK MODEL 95.08 m of 628 g/t Ag, 1.71 g/t Au 123 m of Including 9 m of 2984 g/t Ag, 3 g/t Au 190.68 g/t Ag 1.19 g/t Au 3.25% Zn 1.74% Pb Within 310 m of 223.51 AgEq Hole 119 ended in OBAN Zone 2* 121 AgEq at Diatreme Breccia 383 m 34 (off section)
Slide 35: Cobalt Demand
COBALT DEMAND COBALT SUPPLY DEFICIT COBALT DEMAND FORECAST 35
Slide 36: Cobalt Demand
COBALT DEMAND As early as 2020, when EVs would still make up only 2% of new vehicle sales, related metal demand already becomes significant, requiring an additional 24,000 tonnes of cobalt. By 2025, an additional 106,000 tonnes of Cobalt will be required. By 2030, that figure jumps to 314,000 tonnes
Slide 37: Cobalt Demand
COBALT DEMAND Source: https://cleantechnica.com/2017/11/28/cobalt‐supply‐tightens‐lico‐energy‐metals‐announces‐two‐new‐cobalt‐mines/ 37
Brixton Metals — Investor Presentation (January 2018) on 6ix