202630 releases
Brixton Metals Announces Non-Brokered Private Placement Of Up To $6 Million
Brixton Metals plans a non-brokered private placement of up to $6 million in flow-through and critical mineral flow-through shares. National flow-through shares are priced at $0.68 each and CMFT shares at $0.71 each, with a four-month-and-one-day hold period. Proceeds will fund exploration at the Thorn Copper-Gold Project in British Columbia and the Langis Silver-Cobalt Project in Ontario, and the offering is subject to TSX Venture Exchange acceptance.
FinancingBrixton Metals Announces Closing of Option Agreement to Acquire a 100% Interest in the Silver Focused Silvergruvan Project in Sweden
Brixton Metals announced that the TSX Venture Exchange approved for filing its option agreement with McKnight Resources AB to acquire a 100% interest in the Silvergruvan Property in Hällefors Municipality, Örebro County, Sweden. The option effective date is October 21, 2026. To exercise the option, Brixton must make share issuances totaling $1,500,000 and exploration expenditures totaling $3,300,000 over the option period.
AcquisitionBrixton Metals Reports 97.0% Gold Recovery in Initial Metallurgical Work from the Trapper Gold Target
Scoping-level metallurgical testwork by SGS Canada on a single high-grade composite (10.3 g/t Au, 27.6 g/t Ag) from the Trapper Gold Target at the Thorn Project in NW British Columbia returned combined gravity and rougher flotation gold recovery of 97.0%, with gravity recovering 12.3% of gold into a concentrate grading 1,486 g/t Au. Final two infill holes returned 120.00 m of 0.67 g/t gold (THN26-393) and 138.00 m of 0.80 g/t gold (THN26-394). A maiden resource estimate is expected in Q1 2027.
Study resultsBrixton Metals Samples New Vein Grading 195 g/t Gold, 4.11% Copper and 147 g/t Silver At Its Thorn Project
Rock grab sampling at the newly identified Golden Valley Target on the Thorn Project in northwest British Columbia returned 195 g/t gold, 147 g/t silver and 4.11% copper, with all four samples from a 90-metre strike of massive pyrite-silica outcrop up to 2 metres wide grading between 17.9 and 195 g/t gold. Samples about 400 metres south returned 32.3 g/t gold and 23.0 g/t gold with 0.54% copper. Follow-up work is planned for early next season ahead of drilling.
Drill resultsBrixton Metals Drills 4 m of 1,975 g/t Silver within 23.50 m of 348 g/t Silver in Hole 449 at its Langis Project in Ontario
Silver assays from 28 holes at the wholly owned Langis Silver Project in the Cobalt camp, Ontario included hole LM-26-449 with 23.50 m of 348.11 g/t silver from 203.00 m, including 4.00 m of 1,974.88 g/t and 2.00 m of 3,386.25 g/t; LM-26-412 returned 6.45 m of 666.95 g/t, including 3.19 m of 1,339.39 g/t; and LM-26-442 returned 9.00 m of 221.91 g/t. A third rig has been added, targeting 9,000 m per month toward a maiden resource estimate; 39,937.55 m in 182 holes completed in 2026. Eldorado Gold terminated its Atlin Goldfields earn-in on October 1, 2026, and Brixton intends to seek a farmout or sale.
Drill resultsBrixton Drills 58 m of 0.50 g/t AuEq and 17.6 m of 1.47 g/t AuEq in the Glenfiddich Zone at Camp Creek, Thorn Project
Drilling at the Camp Creek high-sulphidation target on the wholly owned Thorn Project in NW British Columbia returned 58.00 m of 0.40 g/t gold and 6.40 g/t silver (0.50 g/t AuEq) from 48.00 m in hole THN26-371, and 17.58 m of 0.62 g/t gold, 44.00 g/t silver and 0.24% copper (1.47 g/t AuEq) from 135.52 m in THN26-385, including 1.18 m at 13.39 g/t AuEq. The Glenfiddich Zone was extended to 580 m along strike and 350 m down-dip. A Mineral Resource Estimate with APEX Geoscience is expected in Q1 2027; 6,592.30 m were drilled in 25 holes in 2026.
Drill resultsBrixton Metals Enters into Option Agreement to Acquire a 100% Interest in the Silver Focused Silvergruvan Project in Sweden
An option agreement with McKnight Resources AB gives Brixton Metals the right to acquire a 100% interest in the 1,460-hectare Silvergruvan Property in Hällefors Municipality, Örebro County, south central Sweden, subject to TSX Venture Exchange acceptance. Brixton must issue $1,500,000 in shares and incur $3,300,000 in exploration expenditures over three years, then grant McKnight a 2.0% NSR royalty, reducible to 1.0% for $1,500,000. Of 16 waste dump grab samples collected by McKnight, nine exceeded 200 g/t silver, with a high of 800 g/t silver, 1.8 g/t gold, 18.4% lead and 20.90% zinc.
AcquisitionBrixton Metals Reports Consistent Silver Grades Across All 85 Holes from Maiden Tailings Drill Program at the Langis Silver Project
All 85 sonic drill holes from the maiden tailings characterization program at the wholly owned Langis Silver Project in Ontario's Cobalt camp returned silver-mineralized tailings, with a length-weighted average of 61.7 g/t silver over 119.5 m intersected and a median hole grade of 56.0 g/t. The best hole, LT-26-051, averaged 311.7 g/t silver over 1.53 m, including 810 g/t over 0.50 m; six holes exceeded 100 g/t. Metallurgical test work and mineral resource estimate modelling are underway, with follow-up drilling planned in two undrilled areas.
Drill resultsBrixton Metals Drills 6,199 g/t Silver over 1.00 m including 0.50 m of 12,386 g/t Silver in Hole 432 at its Langis Project in Ontario
Drilling at the wholly owned Langis Silver Project in the Cobalt camp, Ontario returned 1.00 m of 6,199 g/t silver from 116.05 m in hole LM-26-432, including 0.50 m of 12,386 g/t silver. Hole LM-26-399 cut 41.00 m of 79.2 g/t silver from 208.00 m, including 4.60 m of 503 g/t, and hole LM-26-408 returned 7.00 m of 290 g/t. Results cover 33 holes; 33,858 m across 155 holes completed in 2026, with two rigs operating.
Drill resultsBrixton Metals Announces Closing Of Final Tranche Of Private Placement For Aggregate Gross Proceeds Of $9.1 Million
A third and final tranche of a non-brokered private placement closed with 264,800 units issued at $0.66 per unit for gross proceeds of $174,768.00, bringing total gross proceeds across all tranches of the unit offering and the flow-through share offering to $9,131,422.02. Each unit includes one warrant exercisable at $0.90 until August 27, 2029, subject to accelerated expiry. Net proceeds will fund exploration at the Langis Silver Project and general working capital. Finders' fees of $155,176.56 and 473,322 finders' warrants were issued in total.
FinancingBrixton Metals Announces Closing Of Second Tranche Of Its Private Placement
A second tranche of the non-brokered private placement has closed, with 650,000 units issued at $0.66 per unit for gross proceeds of $429,000, alongside a concurrent flow-through offering of 5,332,905 FT shares at $0.76 for $4,053,007.80. Total gross proceeds across the first two tranches reach $8,956,654.02. Each unit includes one warrant exercisable at $0.90 until August 25, 2029, with unit proceeds directed to exploration at the Langis Silver Project and working capital; a final tranche is intended.
FinancingBrixton Metals Announces Closing of First Tranche of Private Placement
The first tranche of a non-brokered private placement closed with the issuance of 6,779,767 units at $0.66 per unit for gross proceeds of $4,474,646.22. Each unit includes one common share and one warrant exercisable at $0.90 until August 15, 2029, subject to accelerated expiry if the share price is at or above $1.40 for ten consecutive trading days. Proceeds will fund exploration at the Langis Silver Project and general working capital. Finders' fees of $125,146.56 and 189,616 finders' warrants were paid; insiders took 238,000 units.
FinancingBrixton Metals Announces Non-Brokered Private Placement of up to $5 Million
A non-brokered private placement of up to 7,575,757 units at $0.66 per unit for gross proceeds of up to $5,000,000 has been launched. Each unit comprises one common share and one warrant exercisable at $0.90 for three years, subject to accelerated expiry if the shares close at or above $1.40 for ten consecutive trading days. Proceeds will fund exploration at the Langis Silver Project and general working capital, subject to TSXV acceptance.
FinancingBrixton Metals Drills 5,015 g/t Silver over 20m in a New Brownfields Discovery Area at Its Langis Project
Hole LM-26-377 at the Shaft 6 Southeast area of the wholly owned Langis Silver Project in Cobalt, Ontario returned 20.00m of 5,015 g/t silver from 165.00m depth, including 14.00m of 7,150 g/t, 1.15m of 74,137 g/t and 0.65m of 89,125 g/t silver. Other holes returned 13.00m of 287.8 g/t and 7.00m of 275.0 g/t silver. The 2026 program has completed 24,016.90m in 105 holes, plus 261.35m in the tailings toward a maiden resource estimate.
Drill resultsBrixton Metals Drills 14.75m of 1.25% Copper, 1.71 g/t Gold, 149.0 g/t Silver at the Near Surface Glenfiddich Zone, Camp Creek Corridor
Hole THN26-372 at the Glenfiddich Zone, Camp Creek Corridor, on the wholly owned Thorn Project in NW British Columbia returned 14.75m of 1.25% copper, 1.71 g/t gold and 149.00 g/t silver from 84.25m, including 1.50m of 8.33% copper, 11.30 g/t gold and 971.00 g/t silver from 90.00m, plus 6.12m of 0.48% copper, 0.45 g/t gold and 56.21 g/t silver from 53.38m. The step-out extended mineralization 20m west. Seven holes totalling 1,736.50m are complete, with assays pending.
Drill resultsBrixton Metals Commences Drilling for Maiden Tailings Mineral Resource Estimate at the Langis Silver Project
A dedicated sonic-drilling campaign has begun on the historic tailings at the wholly owned Langis Silver Project in Ontario's Cobalt camp, aiming to define a maiden Mineral Resource Estimate and advance a Recovery and Remediation Plan under Ontario's Recovery of Minerals regime effective July 1, 2025. Two additional rigs are drilling the fully funded 60,000-metre 2026 bedrock program, bringing three rigs active. Historical records indicate tailings were milled at 20–25 opt silver with 88% recoveries, implying roughly 75 to 95 g/t residual silver.
Drill resultsBrixton Metals Drills 906 g/t Silver over 4.3 m, including 1,329 g/t Silver over 1.8 m, all within 23.7 m of 206.6 g/t Silver at its Langis Project And 4.95 m of 493 g/t silver, including 1,798 g/t silver over 1.0 m
Drilling at the wholly owned Langis Silver Project in the Cobalt camp, Ontario returned 23.70 m of 206.6 g/t silver from 109.80 m in hole LM-26-342, including 4.30 m of 905.6 g/t and 1.80 m of 1,329 g/t. Hole LM-26-355 cut 4.95 m of 492.8 g/t silver from 146.10 m, including 1.00 m of 1,798 g/t, and LM-26-348 returned 2.00 m of 624.0 g/t. A total of 18,678.05 m in 90 holes has been completed in 2026, targeting 60,000 m.
Drill resultsBrixton Metals Commences 2026 Thorn Project Exploration Program
Drilling has begun on a fully funded 10,000-metre copper-gold exploration program at the wholly owned Thorn Project in northwestern British Columbia, located about 90 km east-northeast of Juneau, Alaska. Drilling started June 1, with 249 metres completed in three holes, and a 16-line-km drone magnetic survey is 70% complete. Targets include Camp Creek, Catalyst, Tempest, Sentinel, Icy and Trapper, with updated resource estimates planned for Camp Creek and a maiden resource targeted at Trapper. Sentinel rock sampling returned up to 1.54% copper and 0.54% molybdenum.
Drill resultsBrixton Metals Drills 2.3 m of 1,811 g/t Silver within 27.7 m of 166.45 g/t Silver at its Langis Project
Hole LM-26-341 at the wholly owned Langis silver project in the Cobalt camp, Ontario returned 27.7 m of 166.45 g/t silver from 99.3 m, including 2.3 m of 1,811 g/t and 0.5 m of 5,580 g/t, plus 2.0 m of 700 g/t from 149.0 m. Hole LM-26-338 cut 17.5 m of 170.8 g/t silver including 1.0 m of 1,150 g/t, and LM-26-337 cut 7.5 m of 404.35 g/t. To date 14,760.65 m in 72 holes has been drilled in 2026, toward a 60,000 m goal and a maiden resource estimate.
Drill resultsBrixton Metals Drills 13.0m of 594 g/t Silver Including 0.5m of 7,900 g/t Silver at its Langis Project
Hole LM-26-350 at the Shaft 6-Southeast target of the wholly owned Langis Silver Project in Cobalt, Ontario returned 40.00m of 200.11 g/t silver, including 13.00m of 594.43 g/t silver, 2.00m of 873 g/t silver and 0.50m of 7,900 g/t silver, about 150m from the Shaft 6-South area. Other holes included LM-26-289 with 6.00m of 115.40 g/t silver. A total of 13,845 metres in 68 holes has been drilled in 2026, with a second drill planned mid-May toward a 60,000m goal.
Drill resultsBrixton Metals Announces Start of Drilling at its Atlin Goldfields Project
Drilling has begun at the Atlin Goldfields Project in northwest British Columbia, where Eldorado Gold has a path to 100% ownership under an earn-in option agreement dated July 16, 2024. The program will test newly identified, structurally focused targets in the Yellowjacket area, outside previously drill-tested areas on Pine Creek, with approximately 6-10 drillholes totalling 2,500m-3,000m. The 579 square kilometre claim group was consolidated by Brixton beginning in 2016.
Drill resultsBrixton Metals Announces Option Grants
Incentive stock options covering an aggregate 4,500,000 common shares were granted to directors, officers, employees and consultants at $1.04 per share for a 10-year term. The options vest immediately, except those granted to investor relations personnel, which vest one-quarter every three months over 12 months from the grant date in accordance with TSX Venture Exchange policies.
CorporateBrixton Metals Announces Closing of Non-Brokered Private Placement for Gross Proceeds of $4 Million
A non-brokered private placement closed for combined gross proceeds of $4,048,899.84, comprising 1,110,000 national flow-through shares at $1.35 each and 1,771,111 critical mineral flow-through shares at $1.44 each. Proceeds will fund Canadian exploration expenses, mainly exploration and drilling at the Thorn Copper-Gold Project in British Columbia and the Langis Silver-Cobalt Project in Ontario. The Company paid $30,000 and issued 20,833 compensation warrants exercisable at $1.44 until April 10, 2028; securities are subject to a hold period expiring August 11, 2026.
FinancingBrixton Metals Drills 82,334 g/t Silver (2,647 Ounces Per Tonne Silver) Over 0.5m within 11.35m of 4,560 g/t Silver at its Langis Project
Drilling at the wholly owned Langis Silver Project in the Cobalt camp, Ontario returned 82,334 g/t silver over 0.5m from 115.25m in hole LM-26-290, within 11.35m grading 4,559.92 g/t silver from 112.0m. Hole LM-26-292 cut 18.6m of 155.4 g/t silver from 106.4m, including 1.2m of 1,166 g/t, and LM-26-291 returned 8.6m of 96.7 g/t silver from 158.0m. The 2026 program has completed 8,282 metres in 43 holes, with four holes for 649.80m reported here.
Drill resultsBrixton Metals Graduates To Trading On The OTCQX
Brixton Metals has commenced trading on the OTCQX Best Market under the ticker symbol BBBXF, effective March 24, 2026. The company's common shares will continue to trade on the TSX Venture Exchange under the symbol BBB. Brixton wholly owns four exploration projects: the Thorn copper-gold-silver-molybdenum Project, the Hog Heaven Project in NW Montana, the Langis and HudBay silver Projects in Ontario, and the Atlin Goldfields Project in northwest BC.
CorporateBrixton Metals Reports Record Silver Intercepts of 18.2m of 3,638 g/t Ag Including 6.8m of 9,421 g/t Ag at its Langis Project in Ontario
Drilling at the wholly owned Langis Silver Project in the Cobalt camp, Ontario returned 18.2 m of 3,637.99 g/t Ag from 113.8 m in hole LM-26-305, including 6.8 m of 9,421.03 g/t Ag from 121.2 m, within a broader 77 m interval averaging 862.23 g/t Ag. Hole LM-26-307 returned 13.6 m of 367.01 g/t Ag and LM-26-302 returned 9.0 m of 406.91 g/t Ag. A total of 7,510.25 m in 39 holes has been completed in 2026; a second drill will be added in May.
Drill resultsBrixton Metals Drills 5,791 g/t Silver Over 1.75m within 14.45m of 721.4 g/t Silver And 15,522 g/t Silver Over 0.5m within 14.35m of 708.7 g/t at its Langis Silver Project
Drilling at the wholly owned Langis Silver Project in Ontario, about 500 kilometres north of Toronto, returned 14.35 m of 708.7 g/t silver from 116.00 m in hole LM-26-296, including 0.5 m of 15,522 g/t, and 14.45 m of 721.4 g/t silver from 109.55 m in hole LM-26-301, including 1.75 m of 5,791 g/t. Approximately 6,226 metres in 32 holes have been completed in 2026, with results from 9 holes reported. Drilling continues in the Shaft 6 area, and sonic grid drilling and metallurgical work on tailings is planned for spring.
Drill resultsBrixton Metals Corporation Announces Share Consolidation
A one-for-ten share consolidation has received TSX Venture Exchange approval and will take effect with post-consolidation shares trading at market open on February 20, 2026 under the existing symbol BBB. Shareholders approved the consolidation at the Annual General and Special Meeting held February 4, 2026. Brixton Metals will have approximately 71,323,542 common shares issued and outstanding, with a new CUSIP of 11120Q708 and ISIN CA11120Q7084, and no name change.
CorporateBrixton Metals Defines New Exploration Targets at Thorn Through Geochemical Sampling
Soil and rock sampling at the wholly owned Thorn Project in northwest British Columbia identified new targets, with rock chips at Cirque East returning up to 2.16% copper and 39 g/t silver, and veins at 95th South returning up to 642 g/t silver, 1.47% copper, 3.56% lead and 1.97% zinc. Remaining 2025 drill results include THN25-367 with 10.00 m of 0.90 g/t gold, 102.21 g/t silver and 0.86% copper. Shareholders approved a ten for one share consolidation on February 4, 2026, leaving 71,323,542 shares outstanding, subject to TSX Venture Exchange approval.
Drill resultsBrixton Metals Commences Drilling At Its Langis Silver Project
Drilling has begun at the wholly owned Langis Silver Project in Ontario's Cobalt Camp, about 500 km north of Toronto. The fully funded 2026 phase one campaign comprises approximately 15,000 metres of shallow near-surface drilling to expand and infill known high-grade silver zones and test new targets along structural trends, with the goal of supporting a potential maiden resource estimate. Prior Brixton drilling since 2016 totals over 40,315 metres, including 11 m of 2,592 g/t silver.
Drill results
202522 releases
Brixton Metals Concludes Its December Private Placement for a Total of $12.2 Million
The third and final tranche of Brixton Metals' non-brokered private placement closed December 18, 2025, consisting of 35,714,285 non flow-through units at $0.07 for gross proceeds of $2,499,999.95, bringing cumulative gross proceeds across three tranches to $12,196,193.80. Each unit includes one common share and one warrant exercisable at $0.10 until December 18, 2028, with no finders' fees on the third tranche. A portion of proceeds will fund a phase one drill program of up to 15,000m at the wholly owned Langis Silver Project in Ontario, starting January 2026.
FinancingBrixton Metals Reports the Balance of its 2025 Drill Results at the Trapper Gold Target
Remaining 2025 drill results from the Trapper Gold Target at the wholly owned Thorn Project in northwestern British Columbia include hole THN25-358 with 3.00m of 4.27 g/t gold and 11.63 g/t silver from 51.70m, THN25-364 with 1.20m of 11.45 g/t gold and 9.21 g/t silver from 119m, and silver values added to previously reported holes, including THN25-344 at 38.50m of 4.07 g/t gold and 6.71 g/t silver from 191.00m. A total of 6,272m was drilled in 30 holes.
Drill resultsBrixton Metals Closes Tranche 2 Of Its Private Placement
The second tranche of a non-brokered private placement first announced November 14, 2025 closed on December 11, 2025, consisting of 250,000 flow-through units at $0.08 and 56,827,497 non-flow-through units at $0.07 for gross proceeds of $3,997,924.79. Each unit includes one warrant exercisable at $0.10 until December 11, 2028. Flow-through proceeds will fund Canadian exploration expenses, with non-flow-through proceeds for general corporate purposes. Finder's fees of $1,200 cash and 3,364,649 warrants at $0.10 were paid.
FinancingBrixton Metals Closes Tranche 1 Of Its Private Placement
The first tranche of a previously announced non-brokered private placement closed December 2, 2025, raising gross proceeds of $5,698,269.06 through 30,062,500 National Flow-Through Units at $0.08, 37,761,989 Critical Mineral Flow-Through Units at $0.085 and 1,192,857 Non Flow-Through Units at $0.07, each with one warrant exercisable at $0.10 until December 2, 2028. Flow-through proceeds are allocated mainly to drilling at the Thorn Copper-Gold Project in British Columbia and the Langis Silver-Cobalt Project in Ontario. Finder's fees totalled $88,246.14 plus 1,051,481 warrants.
FinancingBrixton Metals Makes Copper-Gold-Silver Porphyry Discovery at the Tempest Target on its Thorn Project
First-ever drilling at the Tempest target on the wholly owned Thorn Project in northwestern British Columbia intersected copper-gold-silver-molybdenum porphyry mineralization, with hole THN25-356 returning 90.00 metres of 0.33% CuEq from 22.00 metres, including 16.55 metres of 0.63% CuEq from 29.30 metres and 27.22 metres of 0.42% CuEq from 52.93 metres. Tempest sits about 2 kilometres southwest of the Catalyst porphyry system, where five holes totalling 2,670 metres have been completed; remaining results from two Catalyst holes were also reported.
Drill resultsBrixton Metals Announces Non-Brokered Private Placement of up to $18 Million
A non-brokered private placement for gross proceeds of up to $18 million has been launched, comprising National Flow-Through Units at $0.08, Critical Mineral Flow-Through Units at $0.085 and non-flow-through units at $0.07, with NFT Unit proceeds anticipated at up to $12,000,000. Each unit includes one warrant exercisable at $0.10 for three years. Flow-through proceeds will fund drilling at the Thorn Copper-Gold Project in British Columbia and the Langis Silver-Cobalt Project in Ontario; the Offering requires TSX Venture Exchange acceptance.
FinancingBrixton Metals Drills 112 g/t Gold Over 0.50m with Visible Gold Within 23.50m of 3.33 g/t Gold at Trapper Target And 18.50m of 3.39 g/t, Including 3.00m of 15.69 g/t Gold
Drilling at the Trapper Gold Target on the Thorn Project in northwest British Columbia returned 18.50m of 3.39 g/t gold, 7.45 g/t silver and 0.57% zinc from 90.50m in hole THN25-360, including 3.00m of 15.69 g/t gold, 31.57 g/t silver and 2.33% zinc. Hole THN25-361 cut 23.50m of 3.33 g/t gold, including 0.50m of 112.00 g/t gold with visible gold, and THN25-363 returned 25.50m of 3.16 g/t gold from 116.00m. A total of 6,272m was drilled in 30 holes, with assays pending for 10 holes.
Drill resultsBrixton Metals Makes Copper-Gold Porphyry Discovery at the Catalyst Target on its Thorn Project
First-ever drilling at the Catalyst target on the wholly owned Thorn Project in northwestern British Columbia intersected a copper-gold porphyry system, with hole THN25-343 returning 424.00 metres of 0.30% CuEq from surface, including 98.50 metres of 0.50% CuEq from 92.50 metres and 16.50 metres of 1.05% CuEq from 133.00 metres. Holes THN25-341 and THN25-338 returned 91.50 metres of 0.28% CuEq and 69.00 metres of 0.30% CuEq respectively. Five holes totalling 2,670 m were drilled at Catalyst; assays from two Catalyst holes and one Tempest hole are pending.
Drill resultsBrixton Metals Drills 22.15m of 4.44 g/t Gold Including 1.50m of 57.20 g/t Gold at the Trapper Gold Target
Hole THN25-345 at the Trapper Gold Target returned 22.15m of 4.44 g/t gold from 203.85m depth, including 1.50m of 57.20 g/t gold from 223.00m. Other holes returned 4.00m of 2.22 g/t gold (THN25-342) and 30.85m of 1.47 g/t gold and 4.32 g/t silver from 61.65m (THN25-340). A total of 6,272m was drilled in 30 holes at Trapper this season, with assays pending for 13 holes; the zone remains open for expansion.
Drill results