1
Corporate Presentation August 2017
BXTMF : OTCMKTS
Advancing High Potential Gold & Silver Projects
BBB : TSX VENTURE 8BX1 : GR BXTMF :OTCMKTS OTCMKTS
Information set forth in this presentation involves forward-looking statements, including but not limited to commentsregarding 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, andoften contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action orevent "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 orachievements expressed or implied by such forward-looking statements. Such factors include, among others, the followingrisks: the need for additional financing; operational risks associated with mineral exploration; fluctuations in commodityprices; title matters; and the additional risks identified on the Company’s website or other reports and filings with the TSXVenture Exchange and applicable Canadian securities regulators. Forward-looking statements are made based onmanagement's beliefs, estimates and opinions on the date that statements are made and the Company undertakes noobligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances shouldchange, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty toforward-looking state. The historical estimates contained in this presentation have not been verified as current mineralresources. In general, Brixton Metals believes that the historical estimates are a reasonable estimate based on dataavailable at the time and that there is potential to expand this historical estimate to a significant drill discovery through aninitial round of exploration drilling and by closer-spaced infill drilling to standards suitable for formal resource estimation. Aqualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineralreserves, 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
2
3
WHY INVEST IN BRIXTON?
High-potential gold-silver projects provide investors with a compelling risk-reward opportunity.
Thorn: Exploration project with the potential to yield a major discovery. 2 Large scale gold targets (Outlaw & Chivas) for 2017 drilling. Oban, Talisker, Glenfiddich zones for 21.5 Moz AgEq (Porphyry target).
Cobalt Camp: Brownfield silver-cobalt assets in a high-grade camp. Langis: 10.4 Moz at 25 opt Ag (Past Production). Hudson Bay: 6.4 Moz at 123 opt Ag (Past Production).
Hog Heaven: Past Producer of Silver-Gold in Montana, USA. 10.3 Mt at 142 g/t Ag, 0.68 g/t Au. (1) non-compliant NI-43-101
Historical inferred est. 47.3 Moz Ag and 0.23 Moz Au.(1)
BBB:TSXV
4
BRIXTON’s STRATEGY
Acquire gold & silver assets in safe jurisdictions at reasonably low cost.
Generate shareholder value by unlocking the potential through drilling.
Focus on geology with district scale potential for high-grade Au-Ag, as underground (> 5 g/t Au) and open pit deposits (>2 g/t Au).
Strive for new discoveries and advance the projects to feasibility through systematic exploration.
Form partnerships with senior companies for mine development.
GARY THOMPSON P.GEO., CHAIRMAN & CEO• Co-Founder of Brixton Metals Corporation • 25 years in exploration for precious/base metals,
geothermal energy and oil & gas• Former Project Geologist for NovaGold Resources,
Newmont Mining and Encana Corporation• Sold Sierra Geothermal Power 2010 • Co-Led financings totaling $75M
CALE MOODIE BSF, CPA, CA, CFO & DIRECTOR• Co-founder of Brixton Metals Corporation • Former CFO of Underworld Resources which was
sold to Kinross • 16 years in public markets• Involved in $80M public company financings
SORIN POSESCU P. Geo., VP EXPLORATION• 20 years experience in resource exploration with
several discovery credits• Former Senior Project Geologist with NovaGold,
and Sierra Geothermal Power• Former Project Geologist for OMV-PETROM (10
years)
IAN BALL B.Com, DIRECTOR• CEO of Abitibi Royalties Inc.• Previously President of McEwen Mining Inc. • Credited with leading the team that built the El Gallo 1
mine and making the El Gallo 2 discovery
CARL HERING, PhD., DIRECTOR• Director of Colorado Resources Ltd.• 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
• Brings diversified technical skills for both evaluations and acquisition opportunities
• Instrumental in building Brett Resources to a 10 Moz gold resource (acquired by Osisko Mining in 2010)
DANETTE SCHWAB, P.Geo., SENIOR GEOLOGIST• 15 years experience in mineral exploration• Former Senior Exploration Geologist for NovaCopper
and Fronteer Gold (acquired by Newmont for $2.3B)• Former Project Geologist for NovaGold, Balmoral and
Riverside
MANAGEMENT & DIRECTORS
5
A discovery driven team with a proven track record of building companies
SHARE STRUCTUREAs at July 20, 2017
TSX Venture Exchange: BBB share price $0.37Shares Outstanding 46,498,091Options 4,135,000Warrants 19,610,675Fully Diluted 70,244,041Market Capitalization $17.2 MillionCash $2.0 MillionDebt none
6
1 year stock chart
5 year stock chart
6
Management 10%Rob McEwen 8%Pan American Silver 6%US Global 5%Hecla Mining 5%Eric Sprott 4%RBIM 4%Retail 58%
BBB Ownership
7
HOG HEAVEN, MONTANA, USA
Hog Heaven Ag-Au
HOG HEAVEN Ag‐Au Project
8
The Hog Heaven property is located in north-western Montana, USA.
100% of Hog Heaven was acquired for 2.68M Brixton common shares subject to a 3% NSR to the vendors.
Hog Heaven is a high-sulphidation silver-gold epithermal vein-breccia deposit with porphyry potential.
Hog Heaven
A Feasibility Study was completed in 1988 by American Mining Services (pre-dating Ni-43-101) using a silver price of US$6.50/oz and a gold price of US$400/oz.
6.4Moz Ag at 26.6 oz/t Ag were mined and directly shipped to a smelter (1929-’46).
Hog Heaven Historical (Non‐compliant‐Ni‐43‐101)
(1) 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 (1) Tonnes mm Ag (g/t) Au (g/t) Moz Ag Moz Au
10.3 142 0.68 47.3 0.23
USA
9
A District Scale ProjectAu-Ag Targets & Base Metal Targets
Northwest British Columbia, Canada
THORN, BC, CANADA
THORN SUMMARY
10
Wholly owned 1,114 km2 claim block
Accessed via one hour fixed-wing flight from Whitehorse, YK
Covers 10km by 30 km gold trend
Epithermal & sediment hosted Au-Ag
Porphyry Cu-Au-Mo potential
Underground and open pit targets
Very high discovery rate
Silver-rich zones, inferred resource21.5 Moz AgEq(7.4 Mt at 89.75 g/t AgEq)
Signed Exploration Agreement with the Taku River Tlingit First Nations
Juneau
THORN, BC
10
11
THORN GEOLOGY
Structurally well prepared rocks and multiple mineralizing events over a long time period
2km
12
THORN OUTLAW ZONE SEDIMENT HOSTED Au
59m of 1.15 g/t AuIncl. 9m of 3 g/t Au
13
GOLD GEOCHEM
CHIVAS GOLD ZONE
Cripple Creek type Au-Ag-Te deposit
3.5 km x 2 km gold-in-soil anomaly
Large near surface IP chargeability high
Drill ready for 2017
Rocks up to 6.5 g/t Au
Soil-fines to 16.7 g/t Au
Open along strike
14
16.7 g/t Au, 6.39 g/t Au, 2.25 g/t Au
AU ppb AG ppm
TE ppm CU ppm
Ag-ppm
70
70
127
30
15
7
3.5
1
Te-ppm
70
10
450
5
2.5
1
0.5
Cu-ppm
70
1000
5750
600
300
150
75
50
16,700
Au-ppb 1 KmN
CHIVAS Au‐Ag‐Te‐Cu
16
The Kalgoorlie Super Pit has produced 50 millionounces of gold over 30 years and fully developedthe cut will be 3.6 kilometers long, 1.6 kilometerswide and up to 650 meters deep. KalgoorlieConsolidated Gold Mines (Barrick/Newmont).
Brixton’s Chivas Zone vs Kalgoorlie Mine Scale Comparison
The Chivas Zone has a Gold‐in‐soil anomaly with a strike of 3.5km and a width up to 2km and remains open.(Au‐Ag‐Te‐Cu geochemical signature)
16
17
Cobalt Camp
COBALT CAMP PROJECTS
The Camp produced over 500 Moz of Silver
Past production: 6.4 Moz Ag at 123 opt Ag
Northeast Ontario, Canada Past production: 10.4 Moz Ag
at 25 opt AgLANGIS MINE
HUDSON BAY MINE
COBALT SUMMARYTwo past producing, high-grade silver mines in the Cobalt Camp, Ontario.
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%.
Excellent local infrastructure: year round road access, power and railway.
Brixton signed an Exploration Agreement with the Timiskaming First Nations in 2016.
18
2016 Drilling: 3.13m of 1,944 g/t Ag and 4.15m of 4.9 g/t Au, 397 g/t Ag
1kmScale
Nippising Diabase Sill
Syenite
Huronian Seds
19
LANGIS GEOLOGYHigh‐grade silver intersections have been recovered from diabase-metaseds-volcanic rock types.
Silver bearing veins are moderate-steeply-dipping and are categorized as single-vein or multiple-vein type structures.
Shaft#7 dump sample:182,065 g/t (18%) Ag or 5,853 oz/t Ag
Geological ModelAfter Potter and Taylor 2010
LANGIS MINE / NEW DRILLING
20
21
WHY INVEST IN BRIXTON?
High potential projects provides investors with a compelling risk-reward opportunity.
A discovery driven, well seasoned and efficient management team.
44M shares outstanding with strong shareholders like McEwen, US Global, Sprott, Hecla Mining and Management.
Planned 2017 drilling for high-grade silver in the Cobalt-Silver Camp.
Drilling for discovery at the Chivas Zone in June/July 2017.
Targeting new resource estimates for the projects.
BBB:TSXV
APPENDIX
22
23
2km
THORN’s CHIVAS ZONE CHARGEABILITY
95.08 m of 628 g/t Ag, 1.71 g/t AuIncluding 9 m of 3,646 g/t AgEq
123 m of 190.68 g/t Ag 1.19 g/t Au3.25% Zn1.74% PbWithin 310 m of223.51 AgEq
Hole 119 ended in121 AgEq at 383 m(off section)
THORN OBAN BLOCK MODEL
OBAN Zone Diatreme Breccia
24
25
THORN’s OBAN ZONE PORPHYRY TARGET
Increasing copper at depth suggestsporphyry Cu-Au-Ag target
THN12‐85 30m 1.18% Cu from
264m
THN13‐119 ended in 7.13m of 0.53% Cu
26
Inferred Mineral Resource Statement, Thorn Project, British Columbia, SRK Consulting (Canada) Inc., October 28, 2014.In‐Situ Grade Contained Metal
Deposit Tonnage x 1000
Grade AgEq (g/t)
Grade Ag (g/t)
Grade Au (g/t)
Grade Cu (%)
Grade Pb (%)
Grade Zn (%)
Metal AgEq Oz
Metal Ag Oz x 1000
Metal Au Oz x 1000
Metal Cu Lbs x 1000
Metal Pb Lbs x 1000
Metal Zn Lbs
x 1000 x 1000
ObanIn‐Pit 3700 105.07 50.82 0.4 ‐ 0.31 0.58 12500 6000 50 NA 25200 47500Underground 500 113.84 50.51 0.46 ‐ 0.37 0.67 1900 800 10 NA 4100 7600
Glenfiddich In‐Pit 1100 57.78 16.01 0.48 0.13 ‐ ‐ 2100 600 20 3200 ‐ ‐Talisker In‐Pit 2100 73.77 15.29 0.75 0.13 ‐ ‐ 5000 1000 50 6100 ‐ ‐
Total 7400 89.75 35.54 0.51 0.13 0.32 0.59 21,500 8,400 130 9,300 29,300 55,100 1. The in‐pit portion is reported at a dollar equivalent cut‐off value of US $15 per tonne within a Whittle shell and $50 per tonnefor an underground portion of the Oban deposit. The Whittle shells were designed based on a slope angle of 55 degrees and 90%recovery for all metals. The block models are 10 x 10 x 10 m, 5 x 10 x 5 m, and 5 x 10 x 5 m for Oban, Glenfiddich, and Talisker, respectively. The Whittle shell for Oban does not include copper. The Whittle shells for Glenfiddich and Talisker do not include lead or zinc.2. Dollar and Silver Equivalents are based on US $20 Silver, $1200 Gold, $3 Copper, $1 lead, and $1 zinc, with metal recoveries of 90%. Copper is not included in the Oban estimates. Lead and zinc are not included in the Glenfiddich and Talisker estimates.
2014 THORN NI‐43‐101
All zones remain open for expansion and upgrade through further drilling
16m of 173.70 g/t AgEq
49m of 125.15 g/t AgEq
27
2014 THORN BLOCK MODELS
95m of 904 g/t AgEq
28
Glenfiddich Zone THN13-121
3.5m of 441 g/t AgEq143 g/t Ag, 0.38% Cu, 4.5 g/t Au
within 16m of 174 g/t AgEq
Mineralization: Vuggy-quartz-pyrite-tetrahedrite-enargite brecciaAlteration: silica-pyrophyllite-sericite, minor calcite-ankerite-chlorite
High Sulphidation Quartz-Sulphide Breccia
THORN’s GLENFIDDICH ZONE
29
Macro Picture
Positive for Gold & Silver
GOLD vs US DEBT
30
31
GOLD SILVER RATIO
Source: http://goldprice.org/gold-silver-ratio.html
Historic average 50:1
Current ratio ~76Strong leverage to the upside for silver
32
S&P/TSX Venture Composite Index
475 (bear market bottom)
(bull market top)
(2007-2017)
Contact InformationBRIXTON METALS CORPORATION
(TSX-V: BBB)
1-604-630-9707 email: [email protected] www.brixtonmetals.comSuite 1010 – 409 Granville Street, Vancouver, BC, V6C 1T2 Canada