“327
BRIXTON
METALS
Brixton Metals Drills 5,015 g/t Silver over 20m in a New Brownfields Discovery Area at Its Langis Project
Included in hole 377 are several ultra-high-grade sub-intervals: 14.00m of 7,150 g/t silver, 1.15m of 74,137 g/t silver and 0.65m of 89,125 g/t silver
VANCOUVER, British Columbia, July 21, 2026 (GLOBE NEWSWIRE) - Brixton Metals Corporation (TSX-V: BBB, OTCQX: BBBXF) (the “Company” or “Brixton’) is pleased to report the discovery of ultra-high-grade silver in a new brownfields area called the Shaft 6 Southeast area (S6- SE) at its wholly owned Langis Silver Project, located in the historic silver mining camp of Cobalt, Ontario, Canada. These results come from the Company’s 2026 drill campaign, its largest drill program to date, which is targeting both infill and expansion of established high-grade silver zones, with a total of 24,016.90m completed across 105 drill holes so far this year. In parallel, the Company is progressing toward a maiden Mineral Resource Estimate (MRE) on the historic tailings; 261.35m of drilling have been completed, and samples have been shipped to the laboratory for assaying.
Highlights
e Inthe S6-SE area, hole LM-26-377 yielded 20.00m of 5,015 g/t silver from 165.00m depth
- Including 14.00m of 7,150 g/t silver
- Including 1.15m of 74,137 g/t silver
- Including 0.65m of 89,125 g/t silver
e Inthe S6-SE area, hole LM-26-353 returned 13.00m of 287.8 g/t silver from 144.00m depth
- Including 2.15m of 1,634 g/t silver
- Including 0.55m of 4,320 g/t silver
e Inthe S6-SE area, hole LM-26-352 intersected 7.00m of 275.0 g/t silver from 148.00m depth
- Including 0.50m of 2,620 g/t silver
Chairman and CEO, Gary R. Thompson stated, “We are super excited to have drilled more ultrahigh-grade silver at Langis, especially in the Shaft 6 Southeast (S6-SE) area where no underground workings exist, effectively a new brownfields discovery. As far as we can find in publicly available data, hole 377 represents one of the highest reported silver intercepts globally. Hole 377 is located approximately 140m east of the previously reported hole 290 (Shaft 6 South), see Figure 1 below, which yielded 11.35m grading 4,560 g/t silver. Further drilling is ongoing in the S6-SE area, including between the two ultra-high-grade intercepts in holes 377 and 290 and what appears to be a southeast mineralized trend. We have a lot more holes that we plan to drill at Langis.”
Figure 1. Cross-section of the Langis Shaft 6 area, looking northwest, showing silver grades and selected core photos from hole LM-26-377 / LM-26-290. (Cross-section trace shown in Figure 8).
‘
10 +
7¥ JMETALS
LM-26-290
11.35m of 4,560 g/t Ag Incl. 0.5m of 82,334 g/t Ag
Overburden
Nipissing
Diabase
Huronian
Sediments
Keewatin
Basalts
—— Drill Traces
Brixton Drill Hole Assays - Ag (g/t) = >500 = 100-500 30-100 All Drill Hole Assays - Ag (g/t) e >500
- 100-500
BRIXTON
LM-26-377
20 m of 5,015 g/t Ag
Incl. 0.65m of 89,125 g/t Ag
This cross-section displays only drill-hole segments located 20m from the section. Lithological contacts are interpretive. Historic drillhole assays are projected to a maximum of 20m from the
» 30-100 Om 50m a es T T T T T T
50 100 150 200 250 300
LM-26-377 at 172.95m
LM-26-290 at 115.25m
section. Hole LM-26-290 was previously reported.
LM-26-377 at 172.20m
Bx BRIXTON
5 YMETALS
Figure 2. Photographs of hole LM-26-377 at 171.95m depth showing native silver.
Native Silver
+
Pe eran Native Silver ‘ f
Native Silver Se
a:
NQ Size Core
LM-26-377 at 171.95m depth aur’.
Figure 3. Photographs of hole LM-26-377 at 172.20m showing native silver (split-half core).
¥
Native Silver : |
“a Native Silver
“a . a sa
Native Silver *|
ag hae!
ses
$ a
LM-26-377 at 172.20m depth we NO Size Core
Q Bx BRIXTON 5 YMETALS
Figure 4. Photographs of hole LM-26-377 at 172.45m and 172.95m with abundant native silver.
Native Silver
LM-26-377 at 172.45m depth NQ Size Core
Native Silver
Native Silver
LM-26-377 at 172.60m depth
Q Bx BRIXTON 5 YMETALS
Figure 6. NQ core photograph of Hole LM-26-377 from 165.60m to 182.20m, showing silver grades: 14.00m grading 7,150 g/t silver, 1.15m grading 74,137 g/t silver, and 0.65m grading 89,125 g/t silver.
\, = ee a . hue. ©
a 2 ae BAO fDi ae eae nee, Soe teren cee 5. _ gear
224 SORE 2 _ 5. MT || aera
sf kaa C-3W7Z 29
a EE 8 a
Discussion
Hole LM-26-377, drilled in the Shaft 6 Southeast (S6-SE) area, returned 0.65m grading 89,125 g/t silver within 20.00m grading 5,015 g/t silver and is located approximately 140m east of previously reported hole LM-26-290, which returned 0.50m of 82,334 g/t silver within 11.35m grading 4,560 g/t silver (Figure 1). The S6-SE area has no known historic underground workings and has never been mined; these results support the presence of ultra-high-grade silver in this new discovery area. Silver mineralization at S6-SE has now been outlined over at least 100m along strike and remains open along strike, down-plunge, and laterally. Brixton’s 2026 exploration around the historic Shaft 6 area at Langis has outlined at least two zones of silver mineralization, Shaft 6 South (S6-S) and Shaft 6 Southeast (S6-SE), both of which have now returned ultra-high-grade silver (Figure 1). This news release presents results from both areas, as well as from Shaft 6 North (S6-N) (Figure 7).
Earlier drilling in the S6-SE area returned encouraging results, outlining continuous silver mineralization across several holes (refer to News Release, May 11, 2026), with silver occurring in both vein and disseminated styles. Hole LM-26-377 now confirms the potential for ultra-high-grade silver in this area, returning 0.65m grading 89,125 g/t silver within 20.00m grading 5,015 g/t silver (Table 1). These two ultra-high-grade results are separated by approximately 140m. Strong grades in S6-SE are not limited to a single hole; hole LM-26-353 intersected 0.55m of 4,320 g/t silver within 13.00m of 287.8 g/t silver (Table 2).
The ultra-high-grade intercept in hole 377 establishes clear similarities with the S6-S area, where ultra-high-grade silver mineralization was reported earlier in this year’s program (refer to News Release, March 25, 2026). A key difference, however, is mining history: unlike portions of S6-S that are impacted by historic mine workings, S6-SE has limited workings and no known historic stopes.