Brixton 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

Brixton Metals Corporation has released additional 2026 Langis silver assay results from 33 holes. The headline intercept comes from hole LM-26-432, which returned 1.00 m of 6,199 g/t Ag from 116.05 m, including 0.50 m of 12,386 g/t Ag.

More significant structural news involves a 50 m south step-out in the Shaft 6 South East zone. Hole LM-26-399 returned 41.00 m of 79.2 g/t Ag from 208.00 m, including 4.60 m of 503 g/t Ag and 7.90 m of 94.7 g/t Ag. Initial Shaft 6 West results include 2.00 m of 447 g/t Ag in LM-26-401, including 0.50 m of 1,735 g/t Ag.

Other notable holes include: * LM-26-408 with 7.00 m of 290 g/t Ag * LM-26-375 with 19.00 m of 78.9 g/t Ag including 5.00 m of 262 g/t Ag * LM-26-382 with 0.90 m of 710 g/t Ag

Sixteen of the 33 holes reported no significant intercepts. The company states 33,858 m has been drilled in 155 holes in 2026, with two rigs operating.

Brixton Metals Corporation (BBB) is a pre-resource explorer with no revenue, a going-concern disclosure, and a fully equity-funded news-flow model. Drilling results serve as the main value driver. The recent release does not add a new resource, economic study, or measurable tonnage, representing an incremental batch in an ongoing 60,000 m program.

The critical expectations anchor is the July 21, 2026 hole LM-26-377. The stock jumped from C$0.59 on July 20 to C$0.79 on July 21, then faded to C$0.61 by September 1, 2026. That is a round-trip. The anchor is therefore not embedded in the current price: the market no longer assumes a repeat of LM-26-377. A disappointing step-out such as LM-26-399 is less damaging than it would be if the stock were still trading near the post-discovery high.

Against current expectations, this release is not a major positive because the best new intercept is far below the July anchor, and the main step-out did not reproduce the high grade. But it is also not a thesis-killer: LM-26-432 is a genuine narrow bonanza, and the S6-SE system continues to show mineralization 50 m south. The S6-W area gives a new target with initial encouraging grades.

Expected share-price reaction: I would expect a modest, possibly short-lived positive bias, not a 15%+ sustained move.

Brixton Metals Corporation (TSX-V: BBB; OTCQX: BBBXF) is a Canadian exploration company focused on early-stage assets. The company’s near-term 2026 drill program centers on its wholly owned Langis and Hudson Bay silver projects in Ontario. In British Columbia, the wholly owned Thorn copper-gold-silver-molybdenum project hosts the Camp Creek porphyry system and several satellite targets. Additionally, the Hog Heaven project in Montana is optioned to Ivanhoe Electric, while the Atlin Goldfields project in BC is optioned to Eldorado Gold.

According to SEDAR financials and the Management’s Discussion and Analysis (MD&A) for the six months ended March 31, 2026, the company reported a net loss of C$2.38 million. Cash reserves stood at C$4.66 million as of March 31, 2026. The MD&A includes a going-concern flag, noting that the company has no operating cash flow and depends on equity raises. The company subsequently announced additional capital raises, including private placements in August 2026. An investor presentation identifies BHP as a strategic investor, with Ivanhoe Electric and Eldorado Gold serving as funding partners on non-core projects.