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Brixton presentation 2015 June

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Brixton Metals Corporate Presentation

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Brixton presentation 2015 June

  1. 1. TSX-V: BBB www.brixtonmetals.com www.brixtonmetals.com Corporate Presentation June 2015
  2. 2. Information set forth in this presentation involves forward-looking statements, including but not limited to comments regarding timeline, predictions and projections. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the need for additional financing; operational risks associated with mineral exploration; fluctuations in commodity prices; title matters; and the additional risks identified in the annual information form of the Company or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulators. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements. The information on deposits discussed in this document have been obtained from the websites of the respective companies 2 SAFE HARBOUR STATEMENT
  3. 3. • Mission: To advance high-grade gold-silver zones to feasibility. • Experienced management team with a proven track record of building companies • Strategic investment from Hecla Mining and Rob McEwen (Evanachan Limited) • 100% ownership of the Thorn Property with a broad corridor of mineralization • SRK inferred resource estimate on 15,000m of drilling: 21.5 million ounce AgEq (8.4 Moz Ag, 0.13M oz Au, 9.3 Mlbs Cu, 29.3 Mlbs Pb and 55.1 Mlbs Zn) with 89.75 AgEq average grade ALL ZONES REMAIN OPEN FOR EXPANSION • Oban zone drill result: 95.08m of 1.71 g/t Au, 628 g/t Ag (breccia-diatreme) • Outlaw zone drill result: 59.65m of 1.15 g/t Au, 5.64 g/t Ag (sediment hosted) • Talisker zone drill result: 49.78m of 1.41 g/t Au, 19 g/t Ag (HS Vein-breccia) • Glenfiddich zone drill result: 6.5m of 2.55 g/t Au, 583 g/t Ag (HS Vein-breccia) WHY BRIXTON METALS ? 3
  4. 4. GARY R.THOMPSON P.GEO., CHAIRMAN & CEO • Co-Founder of Brixton Metals Corporation 2010 • Nearly 30 years in exploration for precious/base metals, geothermal energy & Oil & Gas • Discovered and sold TAG Au-Ag prospect • Former Project Geologist for Novagold Resources, Newmont Mining and Encana Corporation • Sold Sierra Geothermal Power to RAM Power in 2010 • Led financings totaling $65M since 2006 CALE MOODIE BSF, CA, CPA, CFO & DIRECTOR • Co-founder of Brixton Metals Corporation 2010 • Former CFO of Underworld Resources (TSX-V:UW) sold to Kinross in 2010 • 15 years in public markets • CFO of Full Metal Minerals (TSX-V:FMM) • Involved in $80M in public company financings • Former KPMG auditor of junior resource companies SORIN POSESCU P Geo., VP EXPLORATION • 20 years experience in resource exploration • Former senior project geologist with NovaGold • Chief geologist for Sierra Geothermal Power • Project geologist for OMV-PETROM (10 years) 4 CARRIE SIKMAN BA (Hons), VP INVESTOR RELATIONS • 6 Years in international sales and marketing • Brixton employee since 2011, assisting in several non-brokered financings GEORGE SALAMIS B.Sc., GEOLOGIST, DIRECTOR • CEO of Edgewater Exploration (TSX-V:EDW) • Former President of Rusoro Mining (TSX-V:RML) • 22 years experience in exploration and mining including Placer Dome • Proven record in raising equity ($800M) and M&A transactions worth $1Billion IAN BALL B.Com, DIRECTOR • Previously President of McEwen Mining Inc., • Management of production and exploration throughout Mexico, Argentina and Nevada. • Credited with leading the team that built the El Gallo 1 mine and making the El Gallo 2 discovery. • Began his career with Goldcorp in 2004 DON POIRIER B.Sc, DIRECTOR • VP Corporate Development of Hecla Mining Co. • 30 years experience in mining and finance • Close to 20 years as mining analyst for various firms MANAGEMENT & DIRECTORS
  5. 5. Exchange: Price Symbol $0.12 /share TSX-V: BBB Shares Outstanding 11,490,876 Options 35,000 Warrants 1,323,311 Fully Diluted 13,841,908 Market Capitalization $1.4 Million Cash (as at 31 March 2015) $0.8 Million 5 Institutional and Retail Hecla Mining 19.8% Rob McEwen 8.8% Management 9.4% • Strong and seasoned management team experienced in building companies • Proven success with raising capital in challenging market conditions • Excellent opportunity for shareholders to benefit from explosive upside potential SHARE STRUCTURE
  6. 6. THORN PROJECT LOCATION 6 Thorn Claims Thorn Claims 28,000 Ha 100% owned in good standing for 10 years
  7. 7. Highlights: Maiden Inferred Resource of 21.5Moz AgEq on 15,160m drilled.  Four mineralized zones are open for expansion  Oban zone drill result: 95.08m of 1.71 g/t Au, 628 g/t  Talisker zone drill result: 49.78m of 1.41 g/t Au, 19 g/t Ag  Glenfiddich zone drill result: 6.50m of 2.55 g/t Au, 583 g/t Ag  Outlaw zone drill result: 59.65m of 1.15 g/t Au, 6 g/t Ag (new 2014) 7 RESOURCE HIGHLIGHTS Deposit Tonnage x 1000 Grade AgEq (g/t) Grade Ag (g/t) Grade Au (g/t) Grade Cu (%) Grade Pb (%) Grade Zn (%) Metal AgEq Oz x 1000 Metal Ag Oz x 1000 Metal Au Oz x 1000 Metal Cu Lbs x 1000 Metal Pb Lbs x 1000 Metal Zn Lbs x 1000 In-Pit 3,700 105.07 50.82 0.40 NA 0.31 0.58 12,500 6,000 50 NA 25,200 47,500 Underground 500 113.84 50.51 0.46 NA 0.37 0.67 1,900 800 10 NA 4,100 7,600 Glenfiddich In-Pit 1,100 57.78 16.01 0.48 0.13 NA NA 2,100 600 20 3,200 NA NA Talisker In-Pit 2,100 73.77 15.29 0.75 0.13 NA NA 5,000 1,000 50 6,100 NA NA Total 7,400 89.75 35.54 0.51 0.13 0.32 0.59 21,500 8,400 130 9,300 29,300 55,100 2. Dollar and Silver Equivalents are based on US $20 Silver, $1200 Gold, $3 Copper, $1 Lead, and $1 Zinc, w ith metal recoveries of 90%. Copper is not included in the Oban estimates. Lead and zinc are not included in the Glenfiddich and Talisker estimates. Inferred Mineral Resource Statement, Thorn Project, British Columbia, SRK Consulting (Canada) Inc., October 28, 2014. In-Situ Grade Contained Metal Oban 1. The in-pit portion is reported at a dollar equivalent cut-off value of US $15 per tonne w ithin a Whittle shell and $50 per tonne for an underground portion of the Oban deposit. The Whittle shells w ere designed based on a slope angle of 55 degrees and 90% recovery for all metals. The block models are 10 x 10 x 10 m, 5 x 10 x 5 m, and 5 x 10 x 5 m for Oban, Glenfiddich, and Talisker respectively. The Whittle shell for Oban does not include Copper. The Whittle shells for Glenfiddich and Talisker do not include Lead or Zinc.
  8. 8. OBAN: In pit inferred: 3.7Mt of 105.07 g/t AgEq for 12.5Moz AgEq Underground inferred: 0.5Mt of 113.84 g/t AgEq for 1.9Moz AgEq GLENFIDDICH: In pit inferred: 1.1Mt of 57.78 g/t AgEq for 2.1Moz AgEq TALISKER: In pit inferred: 2.1Mt of 73.77 g/t AgEq for 5.0Moz AgEq 265 g/t Au 631 g/t Ag 20.5 g/t Au OUTLAW ZONE uTMV: Upper Triassic, Mafic Volcanics uKPO: Late Cretaceous , Diorite Porphyry uKIN2b: Late Cretaceous uKIN2: Late Cretaceous GEOLOGY & STRUCTURE uKSV: Late Cretaceous IJTF: Lower to Middle Jurassic 57 g/t Au 89 g/t Ag (rock) uTMS: Upper Triassic AMARILLO AREA ABERLOUR AREA 11.0 g/t Au, 12.7 g/t Ag, 11.4 g/t Te 10.1 g/t Au CHIVAS AREA OUTLAW AREA 8 unconformity
  9. 9. BLOCK MODELS Oban: 12.5 Moz AgEq (in pit) 1.9 Moz AgEq (UG) Talisker: 5.0 Moz AgEq (inpit) Glenfiddich: 2.1 Moz AgEq (in pit) TOTAL 21.5 Moz AgEq Estimated blocks 3D with Whittle shell and drilling Inferred Mineral Resource Statement, Thorn Project, British Columbia, SRK Consulting (Canada) Inc., October 28, 2014. 9
  10. 10. 95.08m of 628 g/t Ag, 1.71 g/t Au 123m of 190.68 g/t Ag 1.19 g/t Au 3.25% Zn 1.74% Pb Within 310m of 223.51 AgEq Hole 119 ended in 121 AgEq at 383m (off section) OBAN BLOCK MODEL OBAN Zone Diatreme Breccia 10
  11. 11. GOLD 2014 20.51 g/t Au Aberlour Zone Chivas Zone Amarillo Zone Outlaw Zone 11
  12. 12. SILVER 2014 12
  13. 13. 13 Talisker Zone Glenfiddich Zone Oban Zone Outlaw Zone Chivas Zone VG MAGNETICS & STRUCTURE 13
  14. 14. OUTLAW ZONE DRILLING & GEOCHEM 14
  15. 15. OUTLAW DRILLING 15
  16. 16. OUTLAW DRILL LOG g/tmetre AuEq based on $1200/oz Au and $20/oz Ag 16
  17. 17. OUTLAW THN14-128 17
  18. 18. Recommended work 2015 includes: Phase One: Geological mapping, hand trenching, soil and rock geochemical sampling and IP geophysical survey to refine high- grade targets for drill testing Phase Two: Based on phase one work drill test the high priority near surface gold-silver targets Gold targets include: • Amarillo zone: 265 g/t Au (rock float); bonanza grade underground target • Aberlour zone: 57.38 g/t Au (2m chip); high-grade underground target • Outlaw zone: 20.51 g/t Au (rock grab); large scale sedimentary hosted target • Chivas zone: 11 g/t Au (soil) and 10 g/t Au (rock); volcanic hosted high-grade target PROPOSED EXPLORATION 18
  19. 19. CHIVAS ZONE LOOKING WEST 700m soil line 2014 up to 11 g/t Au, 12 g/t Ag, 11 g/t Te 19
  20. 20. CONTACT INFORMATION 20 BRIXTON METALS CORPORATION (TSX-V: BBB) GARY THOMPSON, P.GEO, CHAIRMAN & CEO +1 (403) 870-1166 CARRIE SIKMAN, VP, Investor Relations T: +1 (604) 630-9707 Toll Free: (888) 863-3801 Carrie.sikman@brixtonmetals.com
  21. 21. TSX-V: BBB 21 For more photographs of Thorn click: http://brixtonmetals.com/thorn-photos/ APPENDIX
  22. 22. TSX-V: BBB 22 THORN ZONES CHIVAS ZONEOBAN ZONE OUTLAW ZONE TALISKER ZONE
  23. 23. OUTLAW ZONE CONCEPTUAL MODEL Modified after Poulsen, Robert et al. INTRUSION RELATED – SEDIMENT HOSTED GOLD- SILVER SYSTEM 23
  24. 24. 1959 Kennco: geochem 1963-65 Anaconda: geochem-geophysics,1,204m drilling 1969 American Uranium: geochem-geophysics 1981 JR Woodcock: geochem and geology 1982-87 Chevron: geology, trenching, geochem, 654m drilling 2000 Rimfire Minerals: geology, geochem-geophysics 2002-05 Cangold/Rimfire: geology, geochem-geophysics, trenching, 3,840m drilling 2010-14 Brixton Metals: geology, geochem, multi-spectral alteration mapping, structural geology, geophysics, airstrip-camp construction, 15,937m drilling • Signed an Exploration Agreement with the Taku River Tlingit First Nations • Established an initial inferred resource of 21.5 million ounce silver equivalent HISTORY 24
  25. 25. 25 OBAN BRECCIA CORE Weighted Average from 22.0m to 23.0m: 1525 g/t AgEq or 27.5 g/t AuEq (1100 g/t Ag, 2.72 g/t Au, 7.8%Pb and 2.0% Zn) THN12-67
  26. 26. Glenfiddich Zone THN13-121 3.5m of 441 g/t AgEq 143 g/t Ag, 0.38% Cu, 4.5 g/t Au within 16m of 174 g/t AgEq Mineralization: Vuggy-quartz-pyrite-tetrahedrite-sulphosalts breccia Alteration: silica-pyrophyllite-sericite, minor calcite-ankerite-chlorite QUARTZ SULPHIDE BRECCIA 26
  27. 27. QUARTZ SULPHIDE THIN SECTION Grain of native Au. The gold precipitated with low temperature radiating quartz- pyrophyllite clusters (gangue), and is later than the tennantite-tetrahedrite (grey). SEM shows a Ag concentration that is significant but subordinate to Au. Photomicrograph of sample 206808 Quartz-sulphide breccia vein View in reflected light. Grain of gold is ~20 microns in length. quartz-pyrophyllite tennantite- tetrahedrite gold 27
  28. 28. 28 2013 DRILL HIGHLIGHTS 28
  29. 29. 29 2011-2012 DRILL HIGHLIGHTS OBAN ZONE Hole ID From To Interval Gold Silver Copper Lead Zinc AuEq AgEq Grade X Width metre metre metre g/t g/t % % % g/t g/t g/t/m THN11-60 6.00 101.08 95.08 1.71 628.00 0.12 3.31 2.39 16.15 904.00 85,952 including 55.45 64.70 9.25 3.04 2984.00 0.53 11.65 3.42 65.52 3646.00 33,726 including 49.44 75.00 25.56 2.28 1300.00 0.22 5.34 2.51 30.12 1670.52 42,698 THN11-60 101.08 243.00 141.92 0.16 53.00 - 0.20 0.47 1.45 80.61 11,440 THN12-84 26.00 336.00 310.00 0.71 105.82 0.03 0.90 1.76 4.02 222.92 69,105 including 26.00 227.00 201.00 0.95 145.03 0.05 1.26 2.35 5.49 304.24 61,152 including 44.00 167.00 123.00 1.19 190.68 0.06 1.74 3.25 7.17 397.35 48,875 including 104.00 121.00 17.00 1.45 251.47 0.05 2.78 3.99 8.07 447.30 7,604 THN12-83 24.00 174.50 150.50 1.37 165.30 0.11 0.92 1.25 5.67 314.25 47,294 Including 24.00 97.70 73.70 1.49 284.15 0.12 1.31 1.78 8.41 466.59 34,388 Including 49.00 62.00 13.00 2.01 725.55 0.13 3.33 3.68 18.89 1047.55 13,618 THN12-65 6.10 90.00 83.90 1.03 161.81 - 1.29 1.49 5.34 295.85 24,821 THN12-63 67.48 148.00 80.52 0.94 140.16 - 1.09 1.49 4.77 264.42 21,291 THN12-72 6.10 110.95 104.85 1.10 88.01 - 0.24 0.63 3.13 173.33 18,174 including 22.00 75.00 53.00 1.57 126.54 - 0.37 1.09 4.59 254.42 13,484 THN03-22 60.90 138.70 77.80 0.68 109.33 0.02 0.60 1.72 3.86 214.14 16,660 THN12-73 6.10 90.00 83.90 0.94 105.27 - 0.47 0.47 3.31 183.68 15,411 THN12-62 52.50 94.50 42.00 1.42 181.88 - 0.84 1.44 5.85 324.37 13,624 THN12-71 9.14 68.28 59.14 0.63 127.11 - 0.58 0.83 3.63 201.47 11,915 THN11-57 73.39 177.30 103.91 0.26 66.80 - 0.22 0.63 1.89 104.98 10,909 29
  30. 30. 30 THN11-60 HISTOGRAM 30
  31. 31. 31 THN12-84 HISTOGRAM 31
  32. 32. SILVER EQ GRADE 32 To view the Gradewise website click: http://www.gradewise.net Gradewise Star Rating: 4/5 Oban Zone Data
  33. 33. GLENLIVET HIGH SULPHIDATION VEIN Grab – 2.97 g/t Au, 1298 g/t Ag, 12.4% Cu 33
  34. 34. 34 IP GEOPHYSICAL INVERSION Talisker Zone Glenfiddich Zone 34

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