Mr. Gary Thompson reports

BRIXTON METALS ANNOUNCES START OF DRILLING AT ITS ATLIN GOLDFIELDS PROJECT

Drilling has begun at Brixton Metals Corp.'s Atlin Goldfields project, located in northwestern British Columbia. Eldorado Gold Corp. has a path to 100-per-cent ownership as per the earn-in option agreement in the company's news release dated July 16, 2024.

Following a property-wide assessment utilizing geological, geophysical, and geochemical data sets created and expanded between 2024 to 2026, Brixton will complete initial drill testing of newly identified, structurally focused targets in the Yellowjacket area. The drill targets are outside of previously drill-tested areas on Pine Creek, leveraging a new geological model for controls on mineralization. The current drill plan is for approximately six to 10 drill holes for a total of 2,500 m to 3,000 m.

Chairman and chief executive officer Gary R. Thompson stated: "It's great to see the Atlin Goldfields project receiving some drilling attention. We are looking forward to the results from this initial drill program. While the goldfields of Atlin have been producing placer gold since 1898, very limited hard rock exploration have been conducted within this mining camp."

About the Atlin Goldfields project

The Atlin Goldfields project is road accessible near the town of Atlin, B.C., and approximately a two-hour drive from Whitehorse, Yukon. Since 2016, and over a three-year period, Brixton consolidated a 579-square-kilometre claim group with a focus on locating the hard rock source of the wide-spread placer gold. The Atlin Goldfields project covers several orogenic and intrusion-related gold targets. The Atlin gold camp has been producing gold for 125 years and is the second-largest placer gold producer in British Columbia with a reported 600,000 ounces of gold produced between 1898 and 1945. An estimated additional 400,000 ounces of gold have been produced since the record keeping ceased in 1946 (Ash, 2001). The two major placer producing creeks (Pine and Spruce) and many of the other productive creeks are located within the Atlin Goldfields project. The Atlin gold camp holds the provincial record for the largest gold nugget, which weighed 2.6 kilograms (85 ounce) and was discovered on Spruce Creek.

Rock samples of coarse-grained quartz veins have returned values of up to 293 g/t and 518 g/t gold from the LD showing and 53.60 g/t gold and 45 g/t gold from the Union Mountain showing. Historical diamond drilling at the Yellowjacket target has returned up to 509.96 g/t gold over 5.57 m. Brixton's drilling in 2023 returned 35 m of 0.77 g/t gold including 19 m of 1.34 g/t gold including 0.45 m of 38.10 g/t gold at the Yellowjacket target. In 2019, Brixton drilled 8.53 g/t gold over 2.00 m at the LD showing.

Qualified person (QP)

Gary R. Thompson, PGeo, is a senior geologist, president, chairman, chief executive officer and director for the company, who is a qualified person as defined by National Instrument 43-101. Mr. Thompson has verified the referenced data disclosed in this press release and has approved the technical information presented herein.

About Brixton Metals Corp.

Brixton Metals is an exploration company focused on the advancement of its mining projects. Brixton wholly owns four exploration projects: Brixton's flagship Thorn copper-gold-silver-molybdenum project, the Hog Heaven copper-silver-gold project in northwestern Montana, United States, which is optioned to Ivanhoe Electric Inc., the Langis-HudBay silver project in Ontario and the Atlin Goldfields project located in northwest B.C., which is optioned to Eldorado. Brixton Metals shares trade on the TSX-V under the ticker symbol BBB and on the OTCQX under the ticker symbol BBBXF.

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