Brixton Metals
Financials:
Primary ticker: TSXV:BBB, OTCQB:BBBXF
Stage of development: Exploration
Primary minerals: Gold, Silver, Copper
Project to promote: Thorn Porphyry District
Project location: Canada
Website: brixtonmetals.com
Brixton Metals is a Canadian exploration company focused on the advancement of its mining projects. Recently Brixton added BHP Group as a strategic investor of 19.9% into the Company in November 2022. The focus of Brixton-BHP will be on Brixton’s flagship Thorn copper-gold-silver-molybdenum Project in NW BC. In addition Brixton wholly owns three additional projects: the Hog Heaven copper-silver-gold Project in NW Montana, USA (Optioned to Ivanhoe Electric Inc.), the Atlin Goldfields Projects located in NW BC (Optioned to Pacific Bay Minerals) and the Langis-HudBay silver-cobalt-nickel Project in Ontario. Brixton Metals Corporation shares trade on the TSX-V under the ticker symbol BBB, and on the OTCQB under the ticker symbol BBBXF. For more information about Brixton, please visit our website at www.brixtonmetals.com
Cash: CAD$17M
Debt: NIL
Major shareholders:
BHP Group – 19.9%
Crescat Capital – 12%
Ivanhoe Electric
Eric Sprott
US Global
Management Ownership – 3%
Management Profile
Gary Thompson – Chairman & CEO
A Brixton Metals Co-founder, Mr. Thompson has over 25 years of resource exploration experience in precious-base metals including oil & gas and geothermal power. Mr. Thompson plans to unlock shareholder value through the drill bit. Previous employment and experience includes both junior and major mining and energy companies including Newmont Mining, NovaGold Resources and Encana Corporation. Mr. Thompson sold his previous company Sierra Geothermal Power in 2010.
Neil MacRae – IR and Corporate Communications
Mr. MacRae is a mining investor relations professional with 28 years of experience in investor relations, commodities trading, and corporate development within the global mining industry. Most recently, he was with Mars Investor Relations as VP Corporate Development.
Mr. MacRae holds a Bachelor of Arts from the University of Calgary and started his career in 1994, spending 9 years as a commodity trader/concentrate marketer for Mitsui & Co. (Canada) Ltd. Over the next 19 years, he then worked in progressively more senior investor relations roles with companies such as First Majestic Silver, Sherwood Copper (merged with Capstone), Farallon Mining (sold to Nyrstar), Novagold Resources/NovaCopper(Trilogy Metals), Santacruz Silver Mining and Fireweed Zinc.
What is your rationale for taking part in 121 Mining Investment?
Brixton is looking to meet potential new shareholders who are looking for upside exposure to copper-gold-silver and who want to invest alongside BHP to continue to expand the Thorn Project and unlock the large district-scale potential of this massive land package in NorthWestern BC.
What recent news would you like to highlight to investors attending?
November 2022 – Brixton Metals Closes Strategic Investment from BHP
January 2023 – Brixton Metals Drills 709m of 0.34% CuEq Including 362m of 0.44% CuEq including 102.15m of 0.61% CuEq at its Camp Creek Porphyry Target, Thorn Project
January 2023 – Brixton Metals Drills 304.46m of 1.19 g/t Gold Including 84m of 3.10 g/t Gold Including 14m of 10.70 g/t Gold at its Trapper Target on the Thorn Project
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
With the cooperation of our partner BHP plan, design and execute our drilling campaign for 2023 on the Thorn Project in NW BC. Aiming for an early May 2023 start timing for the summer drilling campaign.
6 Months:
Complete the fully funded (via BHP participation) of the 18,000m – 20,000 summer drill campaign at Thorn in 2023. With a focus on the Camp Creek porphyry copper target and the Trapper Gold Target. As well as start to deliver news releases of drill assays from the summer campaign beginning in Q3 and continuing until year-end.
12 Months:
Ensure that all drill results from 2023 campaign are out and that we have analyzed the data and moved towards next steps with the cooperation of BHP to potentially increase the drill campaign in 2024. With a massive 2,900 square km land package we will have lots of work to do in order to unlock the full potential of the Thorn Project and get the project to a BHP level scale.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
The key risk is access to talent and capital. Brixton has taken proactive steps to maintain a healthy treasury. This has allowed us to secure and retain top talent.
What do you think makes your company such a compelling investment?
Brixton has identified 14 large scale target areas so far, on its massive, wholly owned 2863 square kilometer land position in BC’s prolific Golden Triangle. This, along with our low market value, solid shareholders and good liquidity, provides for a compelling opportunity for investors.
What are the top 3 key investor takeaways?
Strong shareholders. BHP is the world’s largest mining company by market cap.
A new, massive district-scale, underexplored copper porphyry play which has BHP size potential.
Canada is one of the top ranking mining jurisdictions.