Brixton Metals Secures Option to Acquire Silvergruvan Project in Sweden

08:57 AM EDT, 09/23/2026 (MT Newswires) -- Brixton Metals (BBB.V) has secured an option to acquire certain exploration permits comprising the Silvergruvan project in Sweden from McKnight Resources. The property is prospective for silver, gold, lead, zinc, antimony and indium, Brixton said Wednesday. Under the terms, Brixton must issue CA$1.5 million in shares and spend CA$3.3 million in exploration expenditures over the option period. The agreement is also subject to a 2.0% net smelter returns royalty, which Brixton can reduce to 1.0% for CA$1.5 million in cash or shares.