This is the Investing News Network. I'm Georgia Williams and we're here at day two of PDAC in Toronto. Joining me today is Gary Thompson, chairman, CEO, and president and director of Brixton Metals Corporation. Thanks for joining me today, Gary. >> Welcome. Happy to be here. >> Uh, how has the conference been so far? Uh, it's been extremely busy. Yeah, we have, uh, regular investor booth and then a core shack as well. So, Oh, kind of hopping between the two. So, yeah, it's got to be one of the busiest PDAC's


on record. I I'm assuming it looks like it. >> That's what I was thinking. Uh, Sunday had so many people. >> Yeah. I don't know what the numbers are, but it's Yeah. >> Yeah. Can we start with uh the company's ticker symbol and what exchange you trade on? >> Yeah. So, it's uh tripleB on the venture and it's uh tripleB XF on the OTC QB. >> Fabulous. Um the company is drilling uh at the Langis project. How does the company expect to release when do you


expect to release some initial results? >> Well, we're certainly uh anticipating some soon. Um we've been drilling now for about a month there. So, uh you know, it's I say it's imminent. Uh we're just waiting for those first initial batches to come in. So yeah, we're excited to um get back at Langus and we haven't actually drilled there since 2022, >> right? >> Um and we've got a pretty aggressive uh plan this year to continue to to advance on that project.


>> Right. And for people that aren't familiar with the company, you're an exploration company focused in Canada and the United States. Can you tell us a little bit about your portfolio aside from Langis? >> Yeah, so the company has four wholly owned assets. Um Northwest Montana called Hog Heaven, which is under option to uh Ivanho Electric. So, they're earning into that project and they're actively drilling on on that one. Um, we have a project in northwest British Columbia called the Atland Gold Fields.


Was part of the Yukon Gold Rush in the late 1800s and uh we picked up a large block of ground there really looking for the source of that plastic gold and then we struck a deal with El Dorado Gold uh which is now going into their uh third year on the option uh a farm out for us but they're earning in and and um they'll be drilling on that project uh starting in May. And then so the two projects that we're focusing on uh is Langus as we talked about which is a high-grade uh pass producing silver


mine. So it's really brown fields. We're still drilling in and around the old workings trying to find those extensions and trends away from from the uh the mine workings. U and we have actually a second excuse me a second pass producer in the camp uh called the Hudson Bay. So, it's Langus and Hudson Bay are two two pass producing high-grade silver mines and we're looking to, you know, get enough drilling on on those to get them into a resource category. So, while there were pass producing mines, uh


there's currently no resource and we want to change that um with the with the price of silver looking like trying to push uh to $100 again. Pretty excit exciting time to be on silver. >> And then, you know, what's been our main flagship project um for many years now is Thorne. It's a northwest British Columbia and it's a very large uh scale project and it's um really morphed into uh what we're starting to recognize as a a copper gold porefree district. So we've got a number of uh copper porefree


targets. We've made uh a couple discoveries last year and then we also have some a couple very large uh gold targets as well that we're working on. So we're going to be actively drilling there uh in May. So come May, June, all of our projects are going to be uh getting drilled on. So that's pretty exciting. >> It's a really exciting year for Brixton. >> Yeah, I think so. >> Yeah. Um can you talk to us a little bit about jurisdiction? You know, with the focus in North America with Canada and


the US, it's really important to sort of build up our resource base, you know, as resource nationalism and all these other things sort of come to the forefront. >> Yeah. Well, I think so. It's it's very important. And in fact um you know I always argue that uh well maybe it's not more of a question like why is not uh Canada a commodity uh powerhouse? You know we have tremendous amount of resources here in Canada >> and we can't seem to get out of our way to uh get these things to market.


>> Um but you know we continue to uh you know make discoveries and explore them and I think it's very important that that we continue to develop our own resources here. >> Absolutely. and uh your shareholders have approved a 10 for one share consolidation. Why make that move and how does it help attract investors in Canada and the US and overseas? >> Yeah, you know, it's interesting because if you're in an ASX listed company, a billion shares is not a it's not really


an issue, but we find in North America um investors are u concerned with a large number of share count. Um to me, it's it doesn't really matter. It's you own 10% today, you own 10% tomorrow on a on a consolidation. But what it does help do is it um you know restricts your float. So you've got a smaller float and then when you're actually actively drilling uh and getting those good results to market, we hope that we would see some share appreciation. And over the last few years, uh we haven't really


seen that. And we contributed some of that to just a large float. traded a lot of stock but didn't see much share appreciation on share price appreciation on on that. Um so that's that's one of the reasons uh we wanted to do that and and in a rising market we're in now um it's been met positively. Um so that's I think we're on the right track there. >> Absolutely. And you know with so much activity underway what should investors be watching for next from Brixton


Metals? Well, you know, for us it's going to be I'd say for the next um well, till probably June, July, it's going to be all about silver and because we're putting a lot of effort, we'll probably bring in a second drill into uh Langus uh come May. So, it's going to be a lot of meters uh drilled there for silver and then come uh May, June, we'll we'll start to see some results uh from Thorn. So for this year it's, you know, it's going to be thorn uh langus thorn


langus langus thorn uh a lot of meters uh you know to be drilled this year. So I think it's going to be a pretty pretty new slow heavy year for us and ultimately we want to try and get some of these into resource. That's really the the goal here. >> Absolutely. And you touched on it earlier but you know silver is doing great this year. What does that mean for you know an explorer or a project like yours? Well, you know what's interesting? When we acquired the project in 2016, we got it because while


Thornne is a seasonal project, we can work there from May till October and we thought, well, we needed something to offset that seasonality, which is why we acquired it. Um, you know, easy access, great infrastructure, um, lowcost drilling. And now we're thinking, well, you know what? If we could, we had a bit of a change of, uh, thinking on it. if we could uh develop about a 30 million ounce uh resource there um you know then we're looking at well maybe we're a 2 to 3 million ounce


silver producer in the world of silver production that's actually quite meaningful >> so it doesn't have to be this massive uh silver mine but a 2 to 3 million ounce silver producer is actually quite meaningful so we're starting to think more like that >> um we also have some tailings there that we're looking at you know at $30 silver doesn't really make too much sense but um you know at the current silver prices. Uh we've got some silver sitting in a pile of sand at surface on private


patent land. So we're taking a look at that as well to see if we can monetize that. >> And tailings is really interesting because it's sort of like an extra bonus to whatever resource you have. >> It is it's easy pickings really. It's already been processed and it's just sitting there and it's just a matter of we have to quantify it. So we got actually do some uh some more work on it just to get what kind of numbers uh we might see out of it. But, you know, some


of the initial numbers were uh an ounce and a half to 4 ounces per ton uh in the tailings >> because it generated quite high grade as a as a producer. >> Um, you know, even though they got good recoveries, you know, they left they left something there. >> Yeah. And that's often what we hear, you know, like they were targeting such a high grade in the past that what's left over is is hardly garbage or hardly waste. It's >> right. It was a waste rock, right? Tailing. Exactly. Now it's uh could


could be quite substantial for us. >> Absolutely. Well, what an exciting time for Brixton, >> I think. So, >> yeah. Thank you for sharing your story with us. >> Thank you. Appreciate it. >> Yea h. I'm Georgia Williams and that was Gary Thompson, chairman, CEO, and president, and director of Brixton Medals Corporation.