Brixton Metals Drills 13.0m of 594 g/t Silver Including 0.5m of 7,900 g/t Silver at its Langis Project

The most recent release (2026-05-11) reports the fourth batch of 2026 drill results from the wholly-owned Langis Silver Project in Ontario’s historic Cobalt Camp. Key intercepts include 13.0m of 594 g/t Ag (including 0.5m of 7,900 g/t Ag) in hole LM-26-350 from the newly identified Shaft 6-Southeast (S6-SE) target. Additional holes returned high-grade silver such as 6.0m of 115.4 g/t Ag and 4.25m of 76.67 g/t Ag. The company has now drilled 13,845 metres in 68 holes in 2026 and plans to add a second drill rig in mid-May to reach an annual target of 60,000 metres. The release also highlights the initiation of tailings drilling to quantify silver content for metallurgical recovery test work, which Chairman and CEO Gary R. Thompson calls a “short-term catalyst.”

Reviewing the historical sequence, Brixton has consistently delivered ultra-high-grade silver intercepts throughout the 2026 Langis program: - 2026-01-13: Commencement of Phase 1 drilling (15,000m target) with a goal to enable a maiden resource estimate. - 2026-03-10: First batch of results – 5,791 g/t Ag over 1.75m within 14.45m of 721.4 g/t Ag. - 2026-03-18: Second batch – record intercept of 18.2m of 3,638 g/t Ag, including 6.8m of 9,421 g/t Ag. - 2026-03-25: Third batch – world-class 0.5m of 82,334 g/t Ag (8.23% silver in native form) within 11.35m of 4,560 g/t Ag. The current May 11 release, while not eclipsing the eye-popping 82,334 g/t single sample, confirms the discovery of a new high-grade zone (S6-SE) and demonstrates remarkable continuity of bonanza-grade silver mineralization in a region with established infrastructure. Moreover, the stated acceleration of the drill program from an initial 15,000m Phase 1 to a planned 60,000m annual campaign signals management’s growing confidence and the project’s scalability.

The news is Material – Positive. Although silver grades in this release (594 g/t over 13m) are lower than the absolute peak intercepts from prior weeks, the discovery of a completely new high-grade target area (S6-SE) materially expands the footprint of known mineralization. The planned addition of a second rig to more than triple the annual metreage to 60,000m is a significant operational upgrade that suggests the company expects to delineate a substantial resource. The mention of a tailings recovery project as a near-term catalyst adds a potential low-capital path to early cash flow, which is a material new dimension to the Langis narrative. For a junior explorer with a sub-C$60M market cap, each new high-grade step-out and the aggressive scale-up are market-moving developments that were not fully priced in. The stock has been in a downtrend from its February highs, and this release provides fresh, positive exploration momentum that should attract buying interest.

Brixton Metals is a mineral exploration company focused on advancing its district-scale Thorn copper-gold-silver porphyry project in British Columbia’s Golden Triangle and the high-grade Langis Silver-Cobalt Project in Ontario’s Cobalt Camp. It also holds the Hog Heaven Project (Montana, optioned to Ivanhoe Electric) and the Atlin Goldfields Project (BC, optioned to Eldorado Gold), providing potential non-core monetization. The company’s strategy is to create value through discovery and resource delineation while leveraging strategic partnerships.

Flagship – Langis Silver Project: A past-producing high-grade native silver mine (1908–1989, ~10.4 Moz Ag produced). The property hosts multiple high-grade silver veins with associated cobalt and nickel. Historical and recent drilling have returned spectacular grades (e.g., 0.5m of 82,334 g/t Ag, 6.8m of 9,421 g/t Ag). The 2026 program aims to define a maiden resource and investigate tailings recovery. The project benefits from excellent infrastructure (road, power, rail, nearby smelter).

Flagship – Thorn Project: A 100%-owned, 2,600 km² land package in BC with multiple porphyry and epithermal targets. Recent successes include the Catalyst and Tempest porphyry copper-gold discoveries (2025), high-grade polymetallic veins at Camp Creek, and the Trapper gold target with multi-gram gold intercepts. Drilling in 2026 is planned to continue advancing these zones.