Brixton Metals Corp V.BBB

Brixton Metals Consolidates its Thorn Project

[Betteryear2]

VANCOUVER, British Columbia, April 21, 2022 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce the acquisition of mineral claims contiguous with and further consolidating its Thorn Project to a new total of 2,863 square kilometers of mineral tenure. The Thorn Project is in partnership with Tahltan First Nations and Taku River Tlingit First Nations and is located in Northwest British Columbia, Canada. The new 23,511.21-hectares (235 square kilometers) mineral claim group was acquired from two arm’s length parties (the “Vendors”) for a combined total of CAD$75,000.00 in cash. The new claims are royalty free with the exception of one claim (1,693.5 hectares), where the Vendor was granted a 1.5% net smelter return (“NSR”) and Brixton holds the right to acquire 1.0% of the NSR for CAD$1 million prior to commercial production.

Brixton Metals Consolidates its Thorn Project and Highlights 35% Copper, 26.8 g/t Gold on Acquired Showings