CORPORATE PRESENTATION MARCH...
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1 8BX1 : GR BBB : TSXV BBBXF : OTCQB
FOCUSED PURSUIT OF HIGH-GRADE GOLD
IN THE HISTORIC ATLIN GOLDFIELDS, BC
CORPORATE PRESENTATION
MARCH 2019
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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
often 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
obligation 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
Focus on high-grade gold at the Atlin Goldfields Project in 2019
At Atlin we intend to:
Drill existing historic high-grade gold zones
Refine new targets with a goal of making a discovery
Looking for partnerships with senior companies on other wholly
owned assets
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 Geologist for NovaGold Resources, Newmont Alaska and
Encana Corporation
• Built & 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 Geologist with NovaGold, Sierra Geothermal and OMV
Petrom
DARREN O’BRIEN P.Geo., EXPLORATION MANAGER
• 25 years experience in exploration for gold and base metals
• Former geologist for Placer Dome on Donlin Creek, Pueblo Viejo,
Musselwhite and Mt Milligan
• Former Geologist for Terrane Metals Corp (sold for $650 million)
and Pure Gold Mining
IAN BALL B.Com, DIRECTOR
• CEO of Abitibi Royalties Inc.
• Former 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 (sold to Osisko Mining)
RANDALL THOMPSON, DIRECTOR
• 30 years experience in building and operating underground and
open pit mines in Canada, Australia, Mid-East
• Supervised the roughly $100 million expansion of Huckleberry
Mines
• Led the $450 million construction of the Jabal Sayid mine in Saudi
Arabia for Equinox Minerals
DANETTE SCHWAB P.Geo., SENIOR GEOLOGIST
• 15 years experience in mineral exploration
• Former Geologist for NovaGold, NovaCopper, Fronteer Gold (sold
to Newmont for $2.3 billion)
MANAGEMENT & DIRECTORS
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A discovery driven team with a proven track record and aligned interests
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SHARE STRUCTURE
1 Year Stock Chart $CAD
Management
Evanachan-McEwen
Gold 2000
US Global
Pan American Silver
Hecla Mining
Desert Mtn Energy
Retail
8%
7%
6% 4.5%
5
3.0% 3.0%
4.0%
TSX Venture Exchange BBB
Share Price 19-Feb-2019 $0.20
Shares Outstanding 90M
Market Capitalization $18M
Warrants 12.5M
Options 8.5M
Debt nil
Cash as of Jan-2019 $3.4M
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PROJECT LOCATION
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Mexico
Hog Heaven
Ag-Au-Cu
Langis
Ag-Co
Thorn
Au-Cu-Ag
Atlin
Au
Four Wholly Owned High Potential Exploration Projects
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WHY ATLIN?
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Underexplored district scale gold targets
A 120 year history of placer gold mining but limited modern
exploration for hard-rock gold deposits
Exceptional drill results:
5.57m of 509.96 g/t Au (16 opt gold)
2.62m of 853.28 g/t Au (27 opt gold)
13.50m of 11.21 g/t Au (0.36 opt gold)
6.00m of 21.07 g/t Au (0.68 opt gold)
Potential for Barkerville or Bralorne type deposits
The largest gold nugget in Canada was from Atlin “85 ounces”
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ATLIN GOLDFIELDS PROJECT
Early stage, OROGENIC gold High-grade historic resource at Yellowjacket, Non-NI-43-101 compliant
estimate of 453,500t at 10.26 g/t Au (1)
Recently consolidated ~1000 SQKM claim group Good infrastructure, extensive road network from Atlin, BC, Canada 4 drill ready targets: Yellowjacket, Pictou, LD and Imperial 5 newly identified targets that warrant follow-up work prior to drilling
Qtz-phyllite gold
Bottom of placer pit 8
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GOLD TARGETS
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ROADS/PLACER/GEOCHEM
Pine Creek
Individual
Nuggets
Spruce Ck: 85oz.
Birch Ck: 73oz.
Pine Ck: 48oz.
Ruby Ck: 47oz.
McKee Ck: 28oz.
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ATLIN vs BARKERVILLE
Mineral claims Placer claims
Atlin Goldfields 120 years of mining
Barkerville/Caribou Gold Camp 160 years mining
Placer production est. 3.4 Moz
Historical production 1.2 Moz
M+I = 1.6 Moz at 6.1 g/t Au
Inferred = 2.1 Moz at 5.2 g/t Au
Placer production est. 0.6-2 Moz Non NI-43-101, 453,500t at 10.26 g/t Au (1)
5 20 40
Mineral claim
Placer claim
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Phyllite-hosted gold-bearing veins
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(i) Listwanite-Hosted Gold: Shear zone hosted
quartz-carbonate-mariposite veins and free gold
hosted in mafic and ultramafic lithologies (Yellowjacket,
LD and Pictou zones)
(ii) Argillite-Phyllite-Hosted Gold: Quartz-albite-
carbonate-bearing veins, stockwork and breccias
hosted in cherty-argillite-to-phyllitic metasedimentary
rocks (LD zone, Otter, Feather, Wilson Creek)
(iii) 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,
(Tintern Creek and McKinley Creek targets)
MULTIPLE DISCOVERIES POSSIBLE
MULTIPLE MINERALIZATION
STYLES AT ATLIN
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 Historical Drilling Highlights
YELLOWJACKET DRILLING
free gold in core
• Listwanite-hosted Gold: Shear zone
hosted quartz-carbonate-mariposite veins
and free gold hosted in mafic and
ultramafic lithologies
• Gold intersected to 140m depth and
300m strike within the 80m shear so far
• Remains open for expansion
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YELLOWJACKET DRILLING
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.
• Located 7km East of Atlin
• (Non-NI-43-101-compliant)
453,500 tonnes at 10.26g/t
gold (1)
• 80m wide shear zone,300m
strike and depth to 140m
• Mine Permit for 200 tpd
• Positive simple gravity
concentrate with high
recovery rates
• Working, respectful
relationship with the Taku
River Tlingit First Nations
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LD GOLD ZONE
293 g/t
Au
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NEXT STEPS / CATALYSTS
Complete historical data compilation and 2018 fieldwork
Define drill targets and fieldwork for the 2019 program
Drilling to begin Spring 2019
Focus on the structural controls for gold deposition in the Atlin Goldfields and target high grade gold deposits
JV or monetize assets if a deal beneficial to shareholders is presented
Drill Thorn porphyry target and Hog Heaven target
ATLIN:
OTHER ASSETS:
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Projects Seeking JV Partners
Thorn Gold-Copper-Silver Project: Early stage district scale opportunity
2014 inferred resource of 21.5Moz AgEq (open for expansion)
Oban diatreme drilling to 95m of 628 g/t Ag, 1.7 g/t Au, plus base metals
A very large copper-gold porphyry target at the Chivas Zone is drill ready
Hog Heaven Ag-Au-Cu: Advanced stage silver-gold-copper project
47.3Moz Ag, 0.23Moz Au historic non-NI-43-101 compliant estimate (722 holes)
Drilling at the copper zone 18.3m of 4.5% Cu, 4.5 g/t Au, 745.7 g/t Ag
Drill ready feeder zone targets
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 discovery of a diamond bearing kimberlite in 2018…. results pending
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Contact Information
BRIXTON METALS CORPORATION
TSX-V: BBB
OTCQB: BBBXF
1-604-630-9707 email: [email protected] www.brixtonmetals.com
Suite 551 – 409 Granville Street, Vancouver, BC, V6C 1T2 Canada
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APPENDIX
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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 • 1004 sqkm of mineral rights • Largest gold nugget in Canada, 85 oz • Gold hosted fault-shear-extensional • Intrusion related gold signature too • 8 areas of interest identified • Qtz-carb-albite-sericite-pyrite+-fuchsite
alteration • Richest veins are commonly proximal
to ultramafic rocks • Gold is cospatial with the collisional
suture between the accreted Terranes
Barkerville Gold Camp • Largest placer production in BC • 160 years of placer mining • 2071 sqkm of mineral rights • Largest gold nugget 19oz • Gold hosted fault-shear-
extensional-replacement • 183 vein corridors • Qtz-carb-sericite-pyrite alteration • Gold is cospatial with the
collisional suture between the accreted Intermontane Terranes
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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U.S. Debt vs. Gold
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Largest gap
in history
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STEEP GOLD-SILVER RATIO
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1970-2017
Average 56
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TIME to BUY?
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