Brixton Metals Corporation (TSXV: BBB) (OTCQB: BBBXF) (the 'Company' or 'Brixton') is pleased to provide highlights of the results of its 2021 exploration activities and outlines its 2022 exploration plans to advance the district-scale Thorn Copper-Gold-Silver-Molybdenum Project.

The Thorn Project is located 90km ENE from Juneau, Alaska and is situated within the traditional territory of the Tahltan and Taku River Tlingit First Nations.

Corporate Highlights from 2021

Brixton raised $12.2M including strategic investor Crescat Capital and is now fully funded for its 2022 exploration at the Thorn Project

Ivanhoe Electric Inc. consolidates shares-warrants held by Robert Friedland and the HPX USD$44.5M/11-year Earn-in Agreement on Brixton's Hog Heaven Copper-Gold-Silver Project

Expanded the technical team by the addition of Colin McGillivray, Senior Modeler and Susan Flasha, Corporate Development

Thorn Project Highlights from 2021

Confirmed a new discovery of a Cu-Au-Ag-Mo porphyry at the Camp Creek Target: THN21-184 yielded 821.25m of 0.40% CuEq including 318m of 0.69% CuEq including 14m of 1.04% CuEq. The target remains open at depth

Completed 5770.12m of drilling, consisting of 2662.78m at Camp Creek and 3107.34m at Trapper

Demonstrated gold endowment of the Trapper Target with drill hole THN21-186 yielding 139.00m of 2.14 g/t Au including 11.5m of 19.26 g/t Au including two highest grade intercepts to date of 0.46m of 276.0 g/t Au and 0.50m of 160 g/t Au. The target remains open along strike and at depth

Collected and analyzed 417 rock samples and 607 soil samples which identified several new areas of interest for copper and gold mineralization and extended the gold geochemical footprint of the Trapper anomaly to 4km in length

Completed 1072-line kilometers of Magnetic and Mobile MT geophysical surveys, structural mapping, geochronology and geochemistry supporting an emerging Triassic-Eocene porphyry Cu-Au-Ag-Mo belt with multiple porphyry centers

Expanded and upgraded the Thorn camp capacity to host more than 50 people

Planned 2022 Thorn Program

Drill up to 20,000 meters with a primary focus on the Camp Creek Cu-Au-Ag-Mo Porphyry Target and the Trapper Gold Target

Secondary targets include drilling at the Outlaw Gold-Silver Target and potentially drilling at the Metla Copper-Gold Porphyry Target

Conduct geophysical surveys over the Metla and Trapper Target areas

Collect 3000 to 5000 soil-rock samples and geochemical modeling on new targets

Collaboration with MDRU to improve our porphyry fertility understanding and porphyry vectoring techniques

Chairman and CEO Gary R. Thompson Stated, 'We are very excited about the new discoveries that were made at the Thorn Project in 2021. This season is shaping up to be transformative for Brixton as we continue to demonstrate the potential of this emerging copper-gold porphyry belt within the 2600 square kilometer, wholly owned Thorn Project. We plan to be drilling multiple large-scale targets with a minimum of 2 drills turning all season.'

Camp Creek Copper Porphyry Target

Brixton Metals made significant progress in 2021 on the blind Camp Creek Copper Porphyry Target. A total of 2662.78m of core was drilled with THN21-183 being the deepest hole on the property. Drill holes 162, 181,183 and 184 show copper, gold, silver and molybdenum grades, as well as porphyry index values (MPIx), increasing with depth and ending in mineralization. The bottom of holes 183 and 184 are approximately 286m apart.

Collaborators at UBC's Mineral Deposit Research Unit (MDRU) identified four geochemically distinct porphyry phases, with 'porphyry X' being the primary mineralized unit. Porphyry X is a crowded plagioclase porphyry of Cretaceous age, characterized by well-defined stacked biotite, a feature typical of mineral-related porphyry phases. Mineralization is also hosted in Triassic Stuhini Group sedimentary rocks, which are intruded by the porphyry phases. Radiometric dating of these porphyries using the U-Pb zircon method showed they were emplaced approximately 85 million years ago, confirming an age similar to the Pebble copper-gold-molybdenum deposit in southwest Alaska. The reference to Pebble is important because pre-faulting architecture by Goldfarb et al. (2013) place Thorn inboard of Pebble during deposition and that about 1100km of dextral displacement has occurred post accretion, moving Pebble to where it is located today. MDRU conducted short-wave infrared (SWIR) analyses and interpretation. The Camp Creek porphyry mineralization is thought to have a footprint of about 1km by 2km based on the surface expression of several different high-sulphidation mineralized zones including the Talisker and Glenfiddich Zones and the Oban Diatreme Breccia Zone.

The aim of the 2022 drilling at Camp Creek will be to test for the high-grade core of this copper dominant porphyry system with 4 to 6 deep holes with the aid of drill-wedges.

The Trapper Gold Target

The Trapper Gold Target was a major focus of the 2021 season. Following the 2020 acquisition of the Trapper claims and royalties, this was the first full exploration season conducted by Brixton which successfully highlighted the gold endowment of the target.

Brixton drilled 15 holes for a total of 3107.34m. Standout holes include THN21-186 that reported 139.00m of 2.14 g/t Au including 11.5m of 19.25 g/t Au and THN21-195 with 84.00m of 1.1 g/t Au.

The Trapper Target consists of volcanic and volcaniclastic rocks of the Upper Triassic Stuhini group, which are intruded by Cretaceous quartz diorite, interpreted as part of the Thorn Magmatic Suite. The quartz diorite is associated with high-grade gold mineralization at Trapper, including a broad gold zoning that extends into the Stuhini volcanic rocks.

Geochronology was completed at Trapper yielding an age date from U-Pb Zircon method of 85.2 +/- 1.2 Ma for the quartz diorite, the primary lithology which hosts gold mineralization. This Cretaceous age date is contemporaneous with the porphyry host rocks at Camp Creek Porphyry Target. At surface, soil and rock geochemistry outline a 4km north-northwest gold trend and up to 1.5km in width with 2021 rock grab samples assaying up to 135.5 g/t Au. Gold-in-soil values have a strong positive correlation to lead and zinc. Several new copper-gold-silver showings were discovered outside the Trapper Gold trend in 2021 with values up to 23.5 g/t Au and 5.2% Cu. Outlaw Gold Target

The Central Outlaw Target is located more than 3km to the southeast from the Camp Creek Target. Gold Mineralization is hosted with clastic sediments as Triassic Stuhini group interbedded siltstone-graywacke where a gold-in-soil anomaly is about 5km long in an east-west trend. Mineralization is stratiform and within structural controlled areas and is thought to be to related to Jurassic dacite dykes that intrude the sediments. The Central Outlaw Zone has seen most of the drilling to date providing a continuous strike of 600m with drill results up to 59m of 1.1 g/ Au. The highest surface rock grab sample was from the East Outlaw area returning 22.98 g/t Au.

The plan at the Outlaw Target in 2022 is to drill for continuity and extension of gold mineralization between the Central and East Zone through 4-6 widely spaced drill holes.

About Brixton Metals Corporation

Brixton is a Canadian exploration and development company focused on the advancement of its mining projects toward feasibility. Brixton wholly owns four exploration projects, the Thorn copper-gold-silver Project, the Atlin Goldfields Projects located in NW BC, the Langis-Hudbay silver-cobalt Project in Ontario and the Hog Heaven silver-gold-copper Project in NW Montana, USA, under an Farmout Option Agreement to Ivanhoe Electric Inc. Brixton Metals Corporation shares trade on the TSX-V under the ticker symbol BBB, and on the OTCQB under the ticker symbol BBBXF.

Contact:

Mr. Gary R. Thompson

Tel: 604-630-9707

Email: info@brixtonmetals.com

Cautionary Note

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