CORPORATE PRESENTATION OCTOBER 2018 TSXV: BBB 8BX1 : GR - - PowerPoint PPT Presentation

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CORPORATE PRESENTATION OCTOBER 2018 TSXV: BBB 8BX1 : GR - - PowerPoint PPT Presentation

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CORPORATE PRESENTATION OCTOBER 2018 TSXV: BBB 8BX1 : GR BXTMF :OTCMKTS 1 SAFE HARBOUR STATEMENT Information set forth in this presentation involves forward-looking statements, including but not limited to comments regarding

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TSXV: BBB 8BX1 : GR BXTMF :OTCMKTS

CORPORATE PRESENTATION OCTOBER 2018

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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-looking statements often address expected future business and financial performance, and
  • ften contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or

event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. By their nature, forward- looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the need for additional financing; operational risks associated with mineral exploration; fluctuations in commodity prices; title matters; and the additional risks identified on the Company’s website or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulators. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no

  • bligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should

change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking state. The historical estimates contained in this presentation have not been verified as current mineral

  • resources. In general, Brixton Metals believes that the historical estimates are a reasonable estimate based on data

available at the time and that there is potential to expand this historical estimate to a significant drill discovery through an initial round of exploration drilling and by closer-spaced infill drilling to standards suitable for formal resource estimation. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves, and Brixton Metals is not treating the historical estimate as current mineral resources or mineral reserves. No assurances can be made that exploration targets will be developed into resources or reserves. The exploration targets are conceptual in nature and relies on projections of mineralization that are beyond the standard CIM classification of mineral resources and should not be relied on as mineral resource estimates

  • Mr. Sorin Posescu, P.Geo. is the QP who assumes responsibility for the technical contents of this Presentation.

SAFE HARBOUR STATEMENT

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BRIXTON’S STRATEGY

Add shareholder value through de-risking its projects to feasibility Focus on the Atlin Gold Project in 2019 for high-grade gold Form partnerships with senior companies for mine development Apply artificial Intelligence and machine learning to exploration Drill for new discoveries and expand existing zones

It all starts with the TEAM !

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GARY THOMPSON P.Geo., CHAIRMAN & CEO

  • 25 yrs in resources includes 12 yrs in public markets
  • Former Project Geologist for NovaGold Resources,

Newmont Alaska and Encana Corporation

  • Built then sold Sierra Geothermal in 2010
  • Led financings totaling $80M

CALE MOODIE BSF, CPA, CA, CFO & DIRECTOR

  • Former CFO of Underworld Res. sold to Kinross
  • 16 years in public markets
  • Involved in $100M public company financings

SORIN POSESCU P. Geo., VP EXPLORATION

  • 20 years experience in resource exploration
  • Former Senior Project Geologist with NovaGold,

Sierra Geothermal and OMV Petrom

DANETTE SCHWAB P.Geo., SENIOR GEOLOGIST

  • 15 years experience in mineral exploration
  • Former Senior Geologist for NovaCopper, Fronteer

Gold (sold to Nemwont), NovaGold

IAN BALL B.Com, DIRECTOR

  • CEO of Abitibi Royalties Inc.
  • Previously President of McEwen Mining Inc.
  • Led the team that built the El Gallo 1 mine and

making the El Gallo 2 discovery

CARL HERING PhD., DIRECTOR

  • 35 years experience in mineral exploration globally
  • Previously held senior positions with Noranda and

Placer Dome in the Western USA, Mexico, Central America, Austral-Asia, Asia Pacific

  • Instrumental in building Brett Resources, a 10 Moz

gold resource (sold to Osisko Mining)

RANDALL THOMPSON, DIRECTOR

  • 30 years experience in building and operating

underground and open pit mines precious and base metals mines in Canada, Australia, Mid-East

  • Chief Operating Officer of Huckleberry Mines.,

supervised the roughly $100 million expansion

  • Led the $450 million construction of the Jabal

Sayid mine in Saudi Arabia for Equinox Minerals

MANAGEMENT & DIRECTORS

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A discovery driven team with a proven track record of building companies

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SHARE STRUCTURE

1 Year Stock Chart 2018 $CAD

TSX Venture Exchange Ticker BBB Share Price at 1-Oct-2018 $0.17 Shares Outstanding 69M Options 6M Warrants 12M Cash as of 30-June-2018 $2.8M Market Capitalization $12M

Gold 2000 Management Desert Mountain Evanachan-McEwen Pan American Silver Hecla Mining US Global Eric Sprott

Retail 63% 8% 7% 6% 5% 4%

3% 3% 1%

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PROJECT LOCATION

6 Mexico

Hog Heaven Ag-Au-Cu Langis Ag-Co Thorn Au-Cu-Ag Atlin Au

4 Wholly Owned High Potential Exploration Projects

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ATLIN GOLD PROJECT

Atlin Gold Project: Early stage, Barkerville style OROGENIC gold Yellowjacket zone up to 5.57m of 509.96 g/t Au (16 opt) Yellowjacket Non-NI-43-101 estimate of 453,500t at 10.26 g/t Au (1) P10 Wholly owned 1004 square km claim group, low to no NSR’s Good infrastructure, road access near Atlin, BC, Canada 3 zones have returned very high-grade gold, Yellowjacket, Pictou and LD 5 newly identified target areas for follow up work 2019 to focus on defining drill targets and structural controls BC Quartz- Phyllite gold-veins Bottom of placer pit 2018

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ATLIN vs BARKERVILLE

Mineral claims Mineral claims Placer claims Placer claims 1004 sqkm of mineral rights held by BBB 2071 sqkm of mineral rights held by BGM

Atlin Gold Camp Barkerville Gold Camp

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ATLIN vs BARKERVILLE

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Atlin Gold Camp

  • 2nd largest placer production in BC
  • 120 years of placer mining
  • Historical production 0.6-1Moz
  • No defined resources (1) P10
  • Non-NI-43-101, 150,000 oz at 10 g/t Au
  • 1004 sqkm of mineral rights
  • Largest gold nugget in Canada, 85 oz
  • Gold hosted fault-shear-extensional-

intrusion related

  • 8 areas of interest
  • Qtz-carb-albite-sericite-pyrite-

alteration

  • Richest veins are commonly proximal

to ultramafic rocks

Barkerville Gold Camp

  • Largest placer production in BC
  • 160 years of placer mining
  • Historical production 4.5Moz
  • M+I = 1.6Moz at 6.1 g/t Au
  • Inferred = 2.1Moz at 5.2 g/t Au
  • 2071 sqkm of mineral rights
  • Largest gold nugget 19oz
  • Gold hosted fault-shear-

extensional-replacement

  • 183 vein corridors
  • Qtz-carb-sericite-pyrite alteration

source https://journals.lib.unb.ca/index.php/gc/article/view/12434/13334 http://barkervillegold.com/

Source: Mihalynuk, M.G., Zagorevski, A., Devine, F.A.M., and Humphrey, E., 2017

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Phyllite-hosted gold-bearing veins

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Listwanite-Hosted Gold: Shear zone hosted quartz- carbonate-mariposite veins and free gold hosted in listwanite altered mafic and ultramafic lithologies Argillite-Phyllite-Hosted Gold: Quartz-albite- carbonate-bearing veins, stockwork and breccias hosted in cherty-argillite-to-phyllitic metasedimentary rocks Gold mineralization is concentrated in areas proximal to faults and deformed lithological contacts Intrusion-Related Gold Mineralization – Gold nuggets intergrown with cassiterite (SnO2) and thorite (ThSiO4) have been collected from placer producing streams proximal to the Surprise Lake Batholith

MINERALIZATION STYLES

free gold in core, Yellowjacket

Source: Mihalynuk, M.G., Zagorevski, A., Devine, F.A.M., and Humphrey, E., 2017

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Hole ID From (m) To (m) Length (m) Gold (g/t) YJ03-01 13.94 19.51 5.57 509.96 TW05-02 10.67 13.29 2.62 853.29 MET06-02 12.00 15.00 3.00 111.41 YJ04-07 53.40 54.45 1.05 221.13 L100E-60B 13.23 15.27 2.04 78.71 TW05-02 22.00 35.50 13.50 11.21 YJ04-20 138.00 141.00 3.00 47.90 MET06-03 36.00 42.00 6.00 21.07 MET06-01 12.00 14.00 2.00 60.42 YJ03-01 35.97 39.01 3.04 35.12 YJ03-01 21.64 26.82 5.18 19.17 TW05-02 37.50 38.50 1.00 86.83 YJ04-22 106.80 108.30 1.50 55.04 YJ88-57 93.00 97.00 4.00 17.99 YJ86-07 41.61 44.50 2.89 23.41 L064E-42A 25.64 28.69 3.05 21.24 Historic Yellowjacket Drill Results

YELLOWJACKET DRILLING

Historical Drilling Highlights

80m wide auriferous shear zone

Note 1: In 1988, Homestake Mineral Development Company (“Homestake”) outlined the Yellowjacket gold zone by drilling 58 diamond drill holes of which gold was intercepted to 140m depth. Homestake delineated a historical non-compliant resource estimate of 453,500 tonnes grading 10.26 g/t gold (British Columbia Department of Mines Open File 2000-2 page 41). These are historical figures and do not comply with the CIM reporting standards National Instrument 43-101 for mineral resources or reserves and should not be relied upon. While Brixton considers these historical estimates to be relevant to investors as it may indicate the presence of mineralization, a QP for Brixton has not done sufficient work to classify the historical estimates and Brixton is not treating these historical estimates as a current mineral resource.

Minfile 104N043 (Non-NI-43-101-compliant) 453,000 tonnes at 10.26g/t gold (1)

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LD GOLD ZONE

Sample ID Interval (m) Gold (g/t) DDH84-01 3 9 DDH84-14 3 4 Grab Surface 1615 Grab Surface 293 Grab Surface 88 Trench 3 15 KG 46 Trench 3 15 KG 81 Trench 3 15 KG 96 Trench 6 15 KG 17 Trench 7 15 KG 330 Trench 7 15 KG 183 Trench 7 15 KG 99 Trench 7 15 KG 46 Trench 7 15 KG 15 LD Zone Highlights Pre-2018

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LD GEOLOGY-GEOPHYS

Gold is focused along the lithological contacts

First Vertical Derivative Magnetic Survey 13

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GOLD-GEOCHEM

Yellowjacket

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NEXT STEPS / CATALYSTS

Complete the historical data compilation Define drill targets through a systematic approach:

Re-logging of core at Yellowjacket with a structure/alteration focus Define structural controls for gold mineralization Infill and expand soil geochemical and biogeochemical surveys Run a GPR survey to define the bedrock interface under cover RAB drilling in favourable structural target areas

Drill the high priority targets, Yellowjacket, LD and Pictou Drill for new discoveries

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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

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SEEKING JV PARTNERS

Thorn Gold-Copper-Silver Project: Early stage district scale opportunity  2014 inferred resource of 21.5M AgEq (open for expansion)  Oban zone drilling to 95m of 628 g/t Ag, 1.7 g/t Au, plus base metals  Drill ready testing of copper-gold porphyry target Hog Heaven Ag-Au-Cu: Advanced stage silver-gold-copper project  Non-NI-43-101 compliant estimate of 47.3 Moz Ag and 0.23 Moz Au  722 drill holes for 57,498m with a near term development path  Drilling to 12m of 1089 g/t Ag or 53m of 411 g/t Ag Cobalt Camp Ag-Co: Brownfield silver-cobalt exploration project

 Langis Mine: 10.4 Moz at 25 opt silver, 358,340 lbs of cobalt past production

 Hudson Bay Mine: 6.4 Moz at 123 opt silver, 185,570 lbs of cobalt of past production  Silver intercepts up to 6m of 4719 g/t Ag and cobalt up to 3m of 1.23% Co  New diamondiferous kimberlite discovery 2018

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APPENDICIES

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THORN PROJECT SUMMARY

Wholly owned 997 km2 claim block Accessed via one hour fixed-wing flight from Whitehorse, YK, 65km to tide water 21.5 Moz AgEq Inferred (7.4 Mt at 89.75 g/t AgEq)2* Sediment hosted Au-Ag Porphyry Cu-Au-Ag-Mo potential Signed Exploration Agreement with the Taku River Tlingit First Nations

Exploration Project

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THORN Au-Cu-Ag

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16m of 3.13 g/t AuEq 49m of 2.26 g/t AuEq

2014 THORN

BLOCK MODELS

95m of 16.15 g/t AuEq

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The 2 deepest holes at the Oban zone intersected 30m of 1.18% Cu and one ended in 0.53% Cu

See Brixton’s website or SEDAR for the NI-43- 101 report on the Thorn Project

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Chivas Cu-Au-Mo-Ag Porphyry

First exploration work in 2014 returned up to 11 g/t Au (soil-talus fines) 7 sqkm (gold-in-soil + IP high) anomaly and is open to the NW/SE 8 sqkm (copper-in-soil anomaly) 2017 work: 2455m of drilling Open-ended Copper Corridor Porphyry Cu-Au target to be drill tested Strong Mo/As and Ag/Au ratio’s, see Brixton’s website Thorn page for details

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HOG HEAVEN Ag-Au-Cu Project

Montana, USA

Year-round road access 10 sections of private Lands Non BLM or Forest Service Permitted

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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 3% NSR Hog Heaven is a high-sulphidation Ag-Au-Cu-Pb-Zn epithermal vein-breccia deposit Hog Heaven A Feasibility Study was completed in 1988 by American Mining Services 6.7Moz Ag at 29 oz/t Ag, 3Koz Au, 23Mlbs Pb, 0.6Mlbs Cu were mined from 230K tons and directly shipped to a smelter (1928-’64) 722 drill holes for 57,498m of drilling from the late 1970’s to the mid 1990’s

Hog Heaven Historical (Non-compliant-Ni-43-101)

(2) Based on a historical estimate for Hog Heaven prepared by Gregory Hahn, Chief Geological Engineer for CoCa Mines Inc., a previous owner of the property, in a report titled "Hog Heaven Project Optimization Study" dated May 1989, prior to implementation of National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) (as disclosed in a prior owner’s resource statement [see Brixton’s news release dated June 22, 2017]) and based on diamond drilling. While Brixton considers these historical estimates to be relevant to investors as it may indicate the presence of mineralization, a QP for Brixton has not done sufficient work to classify the historical estimates as current mineral resources as defined by NI 43-101 and Brixton is not treating these historical estimates as a current mineral resource.

Historic (2)

Tonnes mm Ag (g/t) Au (g/t) Moz Ag Moz Au 10.3 142 0.68 47.3 0.23

USA

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100. 100.58 m of 266 f 266 g g/t AgEq gEq

  • Incl. 12.

12.19m of 745 g f 745 g/t AgEq gEq

HOG HEAVEN-MAIN MINE LONG SECTION SILVER EQUIVALENT* VIEW TO EAST

23. 23.01m o

  • f 687

f 687 g g/t AgEq

  • Incl. 3.

3.05 05m of 3347 f 3347 g g/t AgEq gEq 54. 54.86m o

  • f 411

f 411 g g/t AgEq**

  • Incl. 12.

12.19m o

  • f

f 841 841 g/t A AgEq 67. 67.06m o

  • f 391

f 391 g g/t AgEq

  • Incl. 7.

7.62 62m o

  • f

f 736 g 736 g/t AgEq 18. 18.29m o

  • f 695

f 695 g g/t AgEq

  • Incl. 3.

3.05 05m of 2737 f 2737 g g/t AgEq gEq 62. 62.48m o

  • f 182

f 182 g g/t AgEq**

  • Incl. 4.

4.57 57m o

  • f

f 426 g 426 g/t AgEq gEq

metres

8040

32. 32.01m o

  • f 318

f 318 g g/t AgEq**

  • Incl. 6.

6.09 09m o

  • f

f 788 g 788 g/t AgEq 18. 18.29m o

  • f 632

f 632 g g/t AgEq**

  • Incl. 4.

4.58 58m of 1566 f 1566 g g/t AgEq gEq 74. 74.68m o

  • f 338

f 338 g/ g/t A AgEq gEq

  • Incl. 16.

16.77m o

  • f

f 524 g/ g/t AgEq gEq 25. 25.91m o

  • f 268

f 268 g/ g/t A AgEq gEq

  • Incl. 7.

7.62 62m o

  • f

f 454 g/ g/t AgEq gEq 18. 18.19m o

  • f 162

f 1623 g/ g/t A AgEq gEq

  • Incl. 9.

9.15 15m o

  • f

f 2951 g/ g/t A AgEq gEq

OPEN OPEN

53. 53.34m o

  • f 643

f 643 g g/t AgEq**

  • Incl. 9.

9.15 15m o

  • f

f 2226 2226 g/t A AgEq 30. 30.48m o

  • f 402

f 402 g g/t AgEq gEq

*Silver Equivalent values (AgEq) were calculated using the formula AgEq = $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 2204.63/$17 x 31.104. This method assumes full metal recoveries. Metal prices used in this calculation include: $17 per ounce for Ag, $1200 per ounce for Au, $3 per pound for Cu, $1.2 per pound for Zn and $1 per pound for Pb. ** These intercepts have incomplete assay data for Cu, Pb and Zn

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Cobalt Camp

COBALT CAMP PROJECTS

The Camp Historically has produced over 500 Moz of Silver and 50 Mlbs of Cobalt Past production: 6.4 Moz Ag at 123 opt Ag

185,570 lbs of cobalt

Northeast Ontario, Canada

Past production: 10.4 Moz Ag 358,340 lbs of Cobalt

cobalt

LANGIS MINE HUDSON BAY MINE

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COBALT CAMP SUMMARY

Two past producing, high-grade silver mines in the Cobalt Camp, Ontario, Canada 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 drop to $5/oz.) HUDSON BAY MINE past production (1905-1953) of 6.4 Moz Ag at 123 opt and 185,570 lbs cobalt from 52,032 tons Silver recoveries ranged from 88% to 98% (Assays up to 18% Ag and 16% Co) Excellent local infrastructure: year round road access, power and railway Brixton signed an Exploration Agreement with the Timiskaming First Nations 25

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LANGIS DRILL RESULTS

Drill highlights Langis Mine Project

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Hole 37 Intersected 44m of Kimberlite

True widths have not been determined at this time

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U.S. Debt vs. Gold

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Largest gap in history

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STEEP GOLD-SILVER RATIO

28 Current

1970-2017 Average 56

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TIME to BUY?

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