CORPORATE PRESENTATION FEBRUARY 2019 FOCUSED PURSUIT OF HIGH-GRADE - PowerPoint PPT Presentation

CORPORATE PRESENTATION FEBRUARY 2019 FOCUSED PURSUIT OF HIGH-GRADE GOLD IN THE HISTORIC ATLIN GOLDFIELDS, BC 8BX1 : GR BBB : TSXV BBBXF : OTCQB 1

SAFE HARBOUR STATEMENT 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 on the Company’s website 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 state. The historical estimates contained in this presentation have not been verified as current mineral resources. In general, Brixton Metals believes that the historical estimates are a reasonable estimate based on data available at the time and that there is potential to expand this historical estimate to a significant drill discovery through an initial round of exploration drilling and by closer-spaced infill drilling to standards suitable for formal resource estimation. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves, and Brixton Metals is not treating the historical estimate as current mineral resources or mineral reserves. No assurances can be made that exploration targets will be developed into resources or reserves. The exploration targets are conceptual in nature and relies on projections of mineralization that are beyond the standard CIM classification of mineral resources and should not be relied on as mineral resource estimates Mr. Sorin Posescu, P.Geo. is the QP who assumes responsibility for the technical contents of this Presentation. 2

BRIXTON’S STRATEGY Focus on high-grade gold at the Atlin Goldfields Project in 2019 At Atlin we intend to drill: Existing historic high-grade gold zones Refine new targets with a goal of making a discovery Looking for partnerships with senior companies on other wholly owned assets It all starts with the TEAM…. 3

MANAGEMENT & DIRECTORS A discovery driven team with a proven track record and aligned interests IAN BALL B.Com, DIRECTOR GARY THOMPSON P.Geo., CHAIRMAN & CEO • CEO of Abitibi Royalties Inc. • 25 yrs in resources, includes 12 yrs in public markets • Former President of McEwen Mining Inc. • Former Geologist for NovaGold Resources, Newmont Alaska and • Led the team that built the El Gallo 1 Mine and making the El Gallo Encana Corporation 2 discovery • Built & sold Sierra Geothermal in 2010 • Led financings totaling $80M CARL HERING PhD., DIRECTOR • 35 years experience in mineral exploration globally CALE MOODIE BSF, CPA, CA, CFO & DIRECTOR • Previously held senior positions with Noranda and Placer Dome in • Former CFO of Underworld Res. sold to Kinross the Western USA, Mexico, Central America, Austral-Asia, Asia • 16 years in public markets Pacific • Involved in $100M public company financings • Instrumental in building Brett Resources (sold to Osisko Mining) SORIN POSESCU P. Geo., VP EXPLORATION RANDALL THOMPSON , DIRECTOR • 20 years experience in resource exploration • 30 years experience in building and operating underground and • Former Geologist with NovaGold, Sierra Geothermal and OMV open pit mines in Canada, Australia, Mid-East Petrom • Supervised the roughly $100 million expansion of Huckleberry Mines DARREN O’BRIEN P.Geo., EXPLORATION MANAGER • Led the $450 million construction of the Jabal Sayid mine in Saudi Arabia for Equinox Minerals • 25 years experience in exploration for gold and base metals • Former geologist for Placer Dome on Donlin Creek, Pueblo Viejo, Musselwhite and Mt Milligan DANETTE SCHWAB P.Geo., SENIOR GEOLOGIST • Former geologist for Terrane Metals Corp (sold for $650 million) • 15 years experience in mineral exploration and Pure Gold Mining • Former Geologist for NovaGold, NovaCopper, Fronteer Gold (sold to Newmont for $2.3 billion) 4

SHARE STRUCTURE Management 8% 7% Evanachan-McEwen Gold 2000 6% US Global 4.5% Retail Pan American Silver 3.0% 3.0 % Hecla Mining 4.0 % Desert Mtn Energy 1 Year Stock Chart $CAD 5

PROJECT LOCATION Four Wholly Owned High Potential Exploration Projects Atlin Au Thorn Langis Au-Cu-Ag Ag-Co Hog Heaven Ag-Au-Cu Mexico 6

WHY ATLIN? Underexplored district scale gold targets A 120 year history of placer gold mining but limited modern exploration for hard-rock gold deposits Exceptional drill results: 5.57m of 509.96 g/t Au (16 opt gold) 2.62m of 853.28 g/t Au (27 opt gold) 13.50m of 11.21 g/t Au (0.36 opt gold) 6.00m of 21.07 g/t Au (0.68 opt gold) Potential to be the next Barkerville / Caribou Gold Camp The largest gold nugget in Canada was from Atlin “85 ounces” 7

ATLIN GOLDFIELDS PROJECT Early stage, OROGENIC gold  High-grade, small historic resource at Yellowjacket Non-NI-43-101 compliant estimate of 453,500t at 10.26 g/t Au (1)  Recently consolidated ~1000 SQKM claim group  Good infrastructure, extensive road network from Atlin, BC, Canada  4 drill ready targets: Yellowjacket, Pictou, LD and Imperial  5 newly identified targets that warrant follow-up work prior to drilling Qtz-phyllite gold Bottom of placer pit 8

GOLD TARGETS 9

ROADS/PLACER/GEOCHEM Individual Nuggets Spruce Ck: 85oz. Birch Ck: 73oz. Pine Ck: 48oz. Ruby Ck: 47oz. McKee Ck: 28oz. Pine Creek 10

ATLIN vs BARKERVILLE Barkerville/Caribou Gold Camp Atlin Gold Camp 160 years mining 120 years of mining Placer claims Mineral claims Mineral claims Placer claims 20 5 40 Placer production est. 0.6-2 Moz Placer production est. 3.4 Moz Au rock source yet to be discovered Historical production 1.2 Moz Non NI-43-101, 453,500t at 10.26 g/t Au (1) M+I = 1.6 Moz at 6.1 g/t Au 11 Inferred = 2.1 Moz at 5.2 g/t Au

CRACKING THE CODE The secret of Barkerville’s success Under the new Barkerville team, drilling went from gold in 2 of 10 drill holes to gold in 9 of 10 holes drilled They focused on structural controls and genesis of gold deposition went from ~1Moz Au of historic estimates to 1.6Moz M+I plus 2.1Moz inferred resource and growing Brixton plans to focus on the structural controls for gold deposition in the Atlin Goldfields and target high grade gold deposits 12

ATLIN vs BARKERVILLE Atlin Gold Camp Barkerville Gold Camp • 2 nd largest placer production in BC • Largest placer production in BC • 120 years of placer mining • 160 years of placer mining • 1004 sqkm of mineral rights • 2071 sqkm of mineral rights • Largest gold nugget in Canada, 85 oz • Largest gold nugget 19oz • • Gold hosted fault-shear-extensional Gold hosted fault-shear- • Intrusion related gold signature too extensional-replacement • 8 areas of interest identified • 183 vein corridors • Qtz-carb-albite-sericite-pyrite+-fuchsite • Qtz-carb-sericite-pyrite alteration alteration • Gold is cospatial with the • Richest veins are commonly proximal collisional suture between the to ultramafic rocks accreted Intermontane Terranes • Gold is cospatial with the collisional suture between the accreted Terranes Source: Mihalynuk, M.G., Zagorevski, A., Devine, F.A.M., and Humphrey, E., 2017 Source: https://journals.lib.unb.ca/index.php/gc/article/view/12434/13334 http://barkervillegold.com/ 13