Brixton Metals Reports 97.0% Gold Recovery in Initial Metallurgical Work from the Trapper Gold Target

Brixton reports strong gold recoveries and wide high-grade intervals at Trapper, Thorn Project.

What the company is saying

Brixton Metals Corporation is highlighting the completion of its 2026 drilling and assay program at the Trapper Gold Target, part of its wholly owned Thorn Project in northwest British Columbia. The company is emphasizing initial metallurgical testwork showing a combined gravity and rougher flotation gold recovery of 97.0% from a high-grade composite, with gravity concentration alone recovering 12.3% of the gold into a concentrate grading 1,486 g/t Au. The announcement details wide, near-surface mineralized intervals from two infill holes—THN26-393 and THN26-394—including multiple high-grade subintervals and visible gold. Management, led by Chairman and CEO Gary R. Thompson, frames these results as foundational for the maiden Mineral Resource Estimate (MRE) being prepared with APEX Geoscience Ltd., expected in Q1 2027. The tone is confident and technical, with explicit mention that the Trapper gold zone remains open for expansion. The company also corrects prior drill collar location data but asserts these corrections do not affect previous interpretations or conclusions. Ms. Madeline Berry, P.Geo., is named as the Qualified Person responsible for data verification.

What the data suggests

The disclosed results show robust initial metallurgical performance, with a combined gravity and rougher flotation gold recovery of 97.0% from a composite assaying 10.3 g/t Au and 27.6 g/t Ag. Gravity concentration alone recovered 12.3% of the gold into 0.08% of the feed mass at a concentrate grade of 1,486 g/t Au. Drill hole THN26-393 intersected 120.00 m of 0.67 g/t gold and 3.91 g/t silver from 19.50 m, including 15.00 m of 1.43 g/t gold, 7.50 m of 5.02 g/t gold, and subintervals up to 18.55 g/t gold over 0.50 m. Hole THN26-394 returned 138.00 m of 0.80 g/t gold and 2.34 g/t silver from 29.00 m, with higher-grade zones such as 28.50 m of 1.28 g/t gold and a peak of 37.10 g/t gold over 0.50 m. Both holes demonstrate wide, continuous mineralization with internal high-grade cores, and visible gold was observed. QAQC protocols included up to 15% insertion of blanks, duplicates, and certified reference materials. The metallurgical testwork was conducted by SGS Canada Inc. on a composite made from 101 kg of high-grade quarter core. All intervals are reported as core lengths, not true widths. The resource estimate is not yet available, but the technical data supports the potential for a significant near-surface gold system.

Analysis

The announcement is a detailed technical update from an exploration-stage company, providing specific assay intervals, metallurgical recoveries, QAQC protocols, and corrected drill collar information. The majority of claims are realised and supported by disclosed data, such as drill results and metallurgical testwork. Forward-looking statements are limited to the inclusion of these results in a forthcoming maiden Mineral Resource Estimate (MRE) and the potential for further expansion, both of which are standard and proportionate for this stage. There is no exaggerated language or overstatement of imminent value creation; the tone is factual and technical. No large capital outlay or immediate financial impact is discussed, and the next milestone (MRE) is anticipated within 6 months, placing execution distance in the near term. The gap between narrative and evidence is minimal, with all key technical claims substantiated.

Risk flags

• ●Metallurgical testwork results are based on a single high-grade composite and may not represent the broader Trapper mineralization; further testwork is required to confirm recoveries across different ore types.
• ●All drill intervals are reported as core lengths, and true widths are not yet determined, introducing uncertainty about the actual thickness and geometry of mineralized zones.
• ●The maiden Mineral Resource Estimate is still in preparation, so there is no current NI 43-101 resource or economic study to underpin project value; future resource size and grade remain unquantified.
• ●Final silver recoveries from metallurgical testing are pending, leaving a gap in understanding the potential by-product contribution to project economics.
• ●The claim that the Trapper gold zone remains open for expansion is not substantiated by new step-out drilling in this release, so the extent of mineralization remains speculative.

Bottom line

Brixton Metals has delivered detailed and credible technical results from its 2026 drilling and initial metallurgical testwork at the Trapper Gold Target, Thorn Project. The reported gold recoveries of 97.0% and wide, high-grade drill intercepts are positive indicators for potential resource development. However, these results are based on a single high-grade composite and core-length intervals, so further work is needed to confirm metallurgical consistency and true mineralized widths. The absence of a current resource estimate means project scale and economics are still undefined. The next key catalyst is the maiden Mineral Resource Estimate, expected in Q1 2027, which will provide the first formal quantification of Trapper's potential. Investors should focus on the forthcoming MRE and subsequent metallurgical and economic studies as the critical next steps.

Announcement summary

(TSXV:BBB, OTCQX:BBBXF) Brixton Metals Corporation announced initial metallurgical testwork results and final drill results from the Trapper Gold Target at its wholly owned Thorn Project in NW British Columbia, Canada. The two infill holes, THN26-393 and THN26-394, complete the company's 2026 drilling and assay reporting at Trapper and are intended for inclusion in the maiden Mineral Resource Estimate (MRE) being prepared with APEX Geoscience Ltd. Initial scoping-level metallurgical testwork on a single high-grade composite from Trapper, assaying 10.3 g/t Au and 27.6 g/t Ag, returned a combined gravity and rougher flotation gold recovery of 97.0%. Gravity concentration recovered 12.3% of the gold into a concentrate grading 1,486 g/t Au, and a screened metallic assay of 13.9 g/t Au indicates the presence of coarse gold. Hole THN26-393 returned 120.00 m of 0.67 g/t gold and 3.91 g/t silver from 19.50 m depth, including 15.00 m of 1.43 g/t gold and 3.33 g/t silver from 43.50 m, 0.50 m of 18.05 g/t gold and 8.20 g/t silver from 56.00 m, 7.50 m of 5.02 g/t gold and 30.58 g/t silver from 70.00 m, and 0.50 m of 18.55 g/t gold and 115.00 g/t silver from 76.00 m. Hole THN26-394 returned 138.00 m of 0.80 g/t gold and 2.34 g/t silver from 29.00 m depth, including 28.50 m of 1.28 g/t gold and 2.04 g/t silver from 29.00 m, 0.50 m of 37.10 g/t gold and 13.90 g/t silver with visible gold from 57.00 m, and 54.00 m of 1.09 g/t gold and 3.63 g/t silver from 82.00 m. The Trapper gold zone remains open for expansion. The Trapper gold system is characterized by stacked, higher-grade gold zones within a larger envelope of continuous, lower-grade mineralization beginning at or near surface. Collar information for THN26-393 is Easting 630376, Northing 6485538, Elevation 1282.0 m, Azimuth 268, Dip -45, Depth 171.00 m; for THN26-394, Easting 630333, Northing 6485601, Elevation 1296.0 m, Azimuth 282, Dip -66, Depth 186.00 m. Quality assurance and quality control protocols included core samples mostly at 1.50 m intervals, high-grade intervals at 0.50 to 1.50 m, and insertion of blank, duplicate, and certified reference materials at a combined rate of up to 15%. Metallurgical testwork was completed by SGS Canada Inc. on a composite prepared from 12 bags of quarter core (approximately 101 kg) from high-grade drill intercepts, with a 4 kg split used for gravity and flotation tests. Gravity concentration recovered 12.3% of the gold into 0.08% of the feed mass at a concentrate grade of 1,486 g/t Au. Rougher flotation of the gravity tailings recovered a further 96.6% of the remaining gold into a rougher concentrate grading 33.9 g/t Au and 91.8 g/t Ag. Combined gravity and rougher flotation gold recovery was 97.0%. Final silver recoveries are pending. Brixton identified errors in the drill collar location table of its September 29, 2026 news release and provided corrected collar information for holes THN26-371 to THN26-385. The company determined these corrections do not constitute a material change and do not affect the results, interpretations, or conclusions of that release. Ms. Madeline Berry, P.Geo., Project Geologist, is the Qualified Person who has verified the referenced data and approved the technical information presented.

Disagree with this article?