January 8, 2026 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce results from its 2025 exploration program at the Atsutla Gold project in northwestern British Columbia (BC). Detailed prospecting and mapping in the Highlands zone area has expanded the known footprint of high-grade gold (Au) showings and led to discovery of new high-grade copper-gold-silver (Cu-Au-Ag) showings on recently acquired claims.
Previous exploration at the Highlands zone led to discovery of a shallowly-dipping shear structure which hosts high-grade gold-bearing quartz veins, returning assays up to 630 g/t Au. During the 2025 program, the structure’s continuity was explored on recently acquired claims, expanding the Highlands zone structural feature to a 1.0 km x 1.2 km area. A zone of high-grade copper and silver, the Highlands North zone, was also discovered 1.1 km north of the high-grade gold showings.
Mineralization at the Highlands zone is related to a much larger system (Atsutla West), which includes the Christmas Creek and Snook zones. Combined, this area covers 5.0 km x 4.3 km. Trailbreaker’s team interprets the gold mineralization to be orogenic in nature, with multiple gold ± silver ± copper-bearing shear zones related to larger faults occurring in the area.
Daithi Mac Gearailt, CEO of Trailbreaker, commented,“The Highlands zone continues to exceed our expectations. To date we have not defined its extent, and its footprint expands with each campaign. It is important to remember that this is a new discovery, where high-grade gold and silver have been discovered at surface over multiple kilometers. It has never been drilled and is only one part of the story at the Atsutla Gold project.”
Figure 1: Gold mineralization in the Atsutla West project area.
Trailbreaker’s 100%-owned Atsutla Gold project is located 70 km south of the Yukon-British Columbia border and 120 km northwest of the Village of Dease Lake, BC. The project covers over 40,000 hectares (ha) of ground with very limited historic exploration.
The 2025 exploration program consisted of the collection of 147 soil samples and 77 prospecting grab samples during late August and early September. Final assays were not received until late December due to multiple re-analyses of high-grade gold, copper, and silver as well as additional QA/QC completed by Bureau Veritas Labs. Table 1 (below) displays the ten highest gold values returned from these assays.
The purpose of the program was to further delineate the Highlands zone shear structure by additional prospecting in areas of previously discovered mineralization and on newly acquired claims to the west and north of the known gold zones.
Gold at the Highlands zone is found within quartz veins ranging from 10 cm to 60 cm thick occurring within a continuous, shallow-dipping shear structure. The gold-bearing quartz veins typically host galena and arsenopyrite, but commonly have no visible sulphide minerals. During 2025, this structure was traced along the side of a ridge for 1.0 km in a NE-SW direction (Figures 2 and 3). Rock samples taken from the northeast corner returned assays up to 221.6 g/t Au, and rocks taken from the southwest corner returned assays up to 9.32 g/t Au. The highest gold value returned, 401.8 g/t Au, 493 ppm Ag (Photo 1), was obtained from a rock taken 140 m from the previously discovered high-grade showings. The structure was traced for an additional 1.2 km to the west, onto newly acquired claims, where assays returned values up to 4.83 g/t Au.
A newly discovered zone of high-grade copper, termed the Highlands North zone, yielded up to 1.65% Cu, 5.92 g/t Au, and 551 ppm Ag (from separate rocks) in an area 1.1 km north of the high-grade gold showing at the Highlands zone. The high-grade copper values were returned from more steeply dipping quartz veins from 20 cm to 80 cm thick, hosting chalcopyrite, bornite, malachite, azurite, and pyrite. Five rock samples in this area returned assay values greater than 1% Cu, and eight samples returned values greater than 100 ppm Ag (see Photo 3).
Reconnaissance soil sampling to the west of the Highlands North zone returned values up to 66 ppb Au, suggesting potential for additional mineralization in this direction.
Statistical analysis of rock and soil sample assays in the Highlands zone show that gold correlates with mercury (Hg), selenium (Se), lead (Pb), silver, antimony (Sb), copper, and arsenic (As). High bismuth (Bi) values also occur, but are generally related to high-grade copper.
Figure 2: High-grade gold-bearing rock sample locations and interpreted structural features at the Highlands zone.
Photo 1 (left): Rock sample 2013421 was taken 140 m from the initial high-grade vein discovery. This rock returned values of 401.8 g/t Au, 493 ppm Ag, >10,000 ppm Pb, 1,779 ppm Cu, and 1,867 ppm As. It is typical of much of the high-grade vein material – incompetent, oxidized quartz with no visible sulphide minerals. Photo 2 (right): Rock sample 2013473 was also taken in the main Highlands zone, 440 m southwest of 2013421. This sample shows more competent quartz veining with trace pyrite, galena, and malachite. Assays returned values of 62.1 g/t Au, 836 ppm Ag, >10,000 ppm Pb, 1,039 ppm Cu, 7,746 ppm As, and >2,000 ppm Sb.
Photo 3: Example of one of the steeper dipping high-grade copper veins found in the newly discovered Highlands North area. A grab sample from this vein (2013406) returned 1.17% Cu, 0.43 g/t Au, 294 ppm Ag, 7,020 ppm Pb, 1,391 ppm Zn, and 449 ppm Bi.
Trailbreaker’s team has interpreted the shear structure delineated at the Highlands zone to be continuous, with similar structures found at the Christmas Creek zone (1.5 km to the east), and the Snook zone (4.5 km to the north). The total surficial footprint of this area is 5.0 km x 4.3 km. Figures 1 and 4 display mineralization across the Atsutla West area. Rock sampling indicates potential for further shear-hosted mineralized quartz veins at lower elevations along the slope, however much of this area is masked by a thick talus apron (Figure 3). Further rock sampling and geological mapping is warranted to test for their presence.
Figure 3: Looking west towards the auriferous shear zone exposed along the ridge at the Highlands zone.
Figure 4: High-grade gold occurrences across the Atsutla West region are hosted in potentially continuous shear structures within a 5.0 km x 4.3 km area.
The Highlands zone and greater Atsutla West area are fully permitted for drilling. During the 2025 program, the Trailbreaker team ground-truthed potential drill pads to test the shear structure. The Swan target, situated 26 km to the southeast, is also fully permitted for drilling. The two areas represent different deposit models: Atsutla West is an orogenic Au target while Swan is a porphyry Cu-Au-Ag target.
More about the Atsutla Gold project
The Atsutla Gold project is centered over the regional-scale Teslin-Thibert fault system which marks the contact between the Quesnel and Cache Creek terranes. Gold mineralization is associated with Mesozoic batholitic intrusions that are the predominant geological unit on the property. Since discovery in 2020, Trailbreaker has outlined five significant zones of gold mineralization on the property, across a span of 26 kilometers. These are:
Highlands Zone – A 2.0 km by 1.5 km area in the western Atsutla Gold project region, with veins containing coarse visible gold assaying up to 630 g/t Au and 1,894 g/t Ag.
Christmas Creek Zone – Gold-bearing quartz veins 1.5 km east of the Highlands Zone, with rock samples assaying up to 102 g/t Au and 524 g/t Ag.
Snook Zone – High-grade veins 3.5 km northeast of the Highlands Zone, with rock samples assaying up to 53.3 g/t.
Swan Zone – A Cu-Au-Ag porphyry target defined by a 1.5 km x 1.5 km multi-element soil geochemical anomaly (Au-Cu-Ag-As-molybdenum [Mo]-Sb-Bi), with rock grab samples grading up to 11.7 g/t Au, 212 g/t Ag, and 0.81% Cu. The geochemical anomaly is coincident with a 2.1 km x 1.4 km donut-shaped chargeability high (defined by a 2024 induced polarization survey) as well as a zone of elevated potassium marked by a magnetic low signature indicated from a 2024 airborne magnetic and radiometric survey.
Quality Assurance/ Quality Control (QA/QC)
Rock and soil samples were stored at the Atsutla camp for the duration of the program. At the program’s conclusion, samples were flown out and then driven by Trailbreaker personnel to Bureau Veritas’ prep lab in Whitehorse, YT.
Rock samples were prepared using industry-standard preparation methods, which involved crushing the entire sample until 70% passed through a 2 mm screen. A resulting 250 g split was pulverized to > 85% passing a 75-micron screen (Bureau Veritas prep code PRP70-250). Soil samples were prepared by drying at 60° C and sieved to -80 mesh (prep code SS80).
After preparation, the samples were sent to Bureau Veritas’ lab in Vancouver, BC. Rock samples underwent 37-element analysis (analytical code AQ200). This package involves aqua regia digestion (1:1:1 HNO3:HCl:H2O) of a 0.5-gram split followed by ICP-ES/MS analysis. Rock samples also underwent gold fire assay analysis (code FA350-Au). This package uses a 50-gram split, fire assay, and ICP-ES analysis. Samples assaying >10 g/t Au or >100 g/t Ag underwent additional gravimetric analysis (codes FA550-Au and FA550-Ag). Samples assaying >1% Cu underwent additional atomic absorption (AAS) analysis (code AR401).
Soil samples underwent analytical package AQ201 which returns values for 37 elements. This package involves aqua regia digestion of a 15-gram split followed by ICP-ES/MS analysis.
Bureau Veritas performs its own QA/QC procedure and is ISO 17025 certified. Blanks, duplicates, and standard reference materials are sequentially inserted into the client’s sample stream to test for contamination, uniformity of element distribution, and analytical accuracy.
About Trailbreaker Resources
Trailbreaker Resources is a mining exploration company focused primarily on mining-friendly British Columbia and Yukon Territory, Canada. Trailbreaker is committed to continuous exploration and research, allowing maintenance of a portfolio of quality mineral properties which in turn provides value for shareholders. The company has an experienced management team with a proven track record as explorers and developers throughout the Yukon Territory, British Columbia, Alaska and Nevada.
ON BEHALF OF THE BOARD
Daithi Mac Gearailt
President and Chief Executive Officer
Carl Schulze, P. Geo., Consulting Geologist with Aurora Geosciences Ltd, is a qualified person as defined by National Instrument 43-101 for Trailbreaker’s BC and Yukon exploration projects, and has reviewed and approved the technical information in this release.
Other
For new information about the Company’s projects, please visit Trailbreaker’s website at TrailbreakerResources.com and sign up to receive news. For further information, follow Trailbreaker’s tweets at Twitter.com/TrailbreakerLtd, use the ‘Contact’ section of our website, or contact us at (604) 681-1820 or at info@trailbreakerresources.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action; expectations regarding future exploration and drilling programs and receipt of related permitting. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as “anticipates”, “expects”, “understanding”, “has agreed to” or variations of such words and phrases or statements that certain actions, events or results “would”, “occur” or “be achieved”. Although Trailbreaker has attempted to identify important factors that could affect Trailbreaker and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. In making the forward-looking statements in this news release, if any, Trailbreaker has applied several material assumptions, including the assumption that general business and economic conditions will not change in a materially adverse manner. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Trailbreaker does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
November 6, 2025 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is announcing that it has amended an option agreement for a mineral claim at its Atsutla Gold project in northwestern British Columbia (BC).
The initial Option Agreement, dated November 21st, 2022, was signed with Mr. Torrey Fredlund (the “Optionor”) for Trailbreaker to obtain a 100% interest in his ‘Golden Echelon’ claim block located between the Snook and Highland zones. The claim block consists of one mineral claim covering 132 hectares (see November 28, 2022 news release).
The initial Option Agreement signed November 21st, 2022:
Trailbreaker can earn a 100% interest in the Golden Echelon claim by making staged share issuances totaling 80,000 common shares over three years and a making a one-time cash payment of $25,000 as follows:
10,000 common shares on receipt of TSX Venture Exchange approval;
10,000 common shares on or before November 16, 2023;
10,000 common shares on or before November 16, 2024; and
50,000 common shares and $25,000 cash payment on or before November 16, 2025.
The Optionor will retain a 1% Net Smelter Return (NSR) royalty and Trailbreaker has the right to buy back the 1% NSR within a two-year period from the exercise of the option for a cash payment of $50,000 and issuance of 100,000 common shares.
The Amending Agreement, signed November 3rd, 2025, has deleted paragraph d) of the above Option Agreement and replaced it with the following paragraphs d) and e):
d) issuing to the Optionor 25,000 common shares by November 16, 2025; and
e) on or before May 16, 2026, either:
i) paying to the Optionor $25,000 and issuing the Optionor 50,000 common shares; or
ii) issuing to the Optionor 175,000 common shares.
The Amending Agreement is subject to the approval of the TSX Venture Exchange.
About Trailbreaker Resources
Trailbreaker Resources is a mining exploration company focused primarily on mining-friendly British Columbia and Yukon Territory, Canada. Trailbreaker is committed to continuous exploration and research, allowing maintenance of a portfolio of quality mineral properties which in turn provides value for shareholders. The company has an experienced management team with a proven track record as explorers and developers throughout the Yukon Territory, British Columbia, Alaska and Nevada.
ON BEHALF OF THE BOARD
Daithi Mac Gearailt
President and Chief Executive Officer
Carl Schulze, P. Geo., Consulting Geologist with Aurora Geosciences Ltd, is a qualified person as defined by National Instrument 43-101 for Trailbreaker’s BC and Yukon exploration projects, and has reviewed and approved the technical information in this release.
Other
For new information about the Company’s projects, please visit Trailbreaker’s website at TrailbreakerResources.com and sign up to receive news. For further information, follow Trailbreaker’s tweets at Twitter.com/TrailbreakerLtd, use the ‘Contact’ section of our website, or contact us at (604) 681-1820 or at info@trailbreakerresources.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action; expectations regarding future exploration and drilling programs and receipt of related permitting. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as “anticipates”, “expects”, “understanding”, “has agreed to” or variations of such words and phrases or statements that certain actions, events or results “would”, “occur” or “be achieved”. Although Trailbreaker has attempted to identify important factors that could affect Trailbreaker and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. In making the forward-looking statements in this news release, if any, Trailbreaker has applied several material assumptions, including the assumption that general business and economic conditions will not change in a materially adverse manner. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Trailbreaker does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
September 22, 2025 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce that an exploration team has been mobilized to its flagship Atsutla Gold project, located in northwestern British Columbia (BC).
Trailbreaker’s 100%-owned Atsutla Gold project is located 70 km south of the Yukon-British Columbia border and 120 km northwest of the Village of Dease Lake, BC. The project covers over 40,000 hectares (ha) of ground with very limited historic exploration.
Over the past year, Trailbreaker has consolidated key ground within the Atsutla Gold project claim boundary, near the Highlands zone which hosts the highest gold grades sampled on the property to date (up to 630 g/t gold [Au]). The newly acquired ground consists of 528 ha, 396 ha of which were acquired by recent staking, and 132 ha acquired through a purchase agreement with a claim holder (details below). This area has yet to be explored for gold by the Company (Figure 1).
Trailbreaker’s team will be performing first-pass reconnaissance exploration on the new ground, including geological mapping, prospecting, and soil sampling. The team will also be ground-truthing drill collar locations within the Highlands zone area in preparation of a future drill program.
Daithi Mac Gearailt, CEO of Trailbreaker, commented,“Since its discovery in 2020, the Atsutla Gold project has remained Trailbreaker’s flagship property for good reason. Last year we advanced the Swan zone to a drill-ready stage, and we hope to do this same with the Highlands zone this year. We now have a significant piece of ground consolidated in the Highlands zone area which, to our knowledge, is virtually unexplored. I am looking forward to adding more to the Atsutla Gold project’s story.”
The Highlands zone hosts widespread gold mineralization with numerous rock grab samples returning multi-ounce gold and silver (Ag) values over a 750 x 600-metre area. The gold-bearing quartz veins are confined to shallow-dipping fault structures that have been traced for 3.5 km to the north (Snook zone) and 1.5 km to the east (Christmas Creek zone). This continuity suggests potential for additional mineralization within the newly consolidated ground west of the Highlands zone. Testing this theory is the primary goal of this exploration program.
The Atsutla Gold project is fully permitted for drilling, focusing on two separate targets representing distinct deposit settings, neither of which have ever been drilled. The Highlands zone represents a brand-new high-grade orogenic gold discovery, while the Swan zone, situated 26 km to southeast, represents a porphyry Cu (copper)-Au-Ag target.
Figure 1: Trailbreaker’s new, unexplored ground west of the Highlands zone.
Terms of the Purchase Agreement
On August 26th, 2025, Trailbreaker signed a purchase agreement with the claim holder of the aforementioned 132-ha parcel (the “Vendor”). Trailbreaker will pay the Vendor CAD $10,000 to obtain a 100% interest in the property. The Vendor will retain a total 2.0% Net Smelter Return (NSR) royalty, which may be brought down to 1.0% through a cash payment of $1,000,000 to the Vendor.
More about the Atsutla Gold project
The Atsutla Gold project is centered over the regional-scale Teslin-Thibert fault system that marks the contact between the Quesnel and Cache Creek terranes. Gold mineralization is associated with Mesozoic batholitic intrusions that are the predominant geological unit on the property. Since discovery in 2020, Trailbreaker has outlined five significant zones of gold mineralization on the property, across a span of 26 kilometers (Figure 2). These are:
Highlands Zone – A 750 m by 600 m area in the western Atsutla Gold project region, with veins containing coarse visible gold and assaying up to 630 g/t Au and 1,894 g/t Ag.
Christmas Creek Zone – Gold-bearing quartz veins 1.5 km east of the Highlands Zone, with rock samples assaying up to 102 g/t Au and 524 g/t Ag.
Snook Zone – High-grade veins 3.5 km northeast of the Highlands Zone with rock samples assaying up to 53.3 g/t.
Swan Zone – A Cu-Au-Ag porphyry target defined by a 1.5 km x 1.5 km multi-element soil geochemical anomaly (Au-Cu-Ag-arsenic [As]-molybdenum [Mo]-antimony [Sb]-bismuth [Bi]), with rock grab samples grading up to 11. 11.7 g/t Au, 212 g/t Ag, and 0.81% Cu. The geochemical anomaly is coincident with a 2.1 km x 1.4 km donut-shaped chargeability high (defined by a 2024 induced polarization survey) as well as a zone of elevated potassium marked by a magnetic low signature indicated from a 2024 airborne magnetic and radiometric survey.
Figure 2: Geology and mineralized zones at the Atsutla Gold project.
About Trailbreaker Resources
Trailbreaker Resources is a mining exploration company focused primarily on mining-friendly British Columbia and Yukon Territory, Canada. Trailbreaker is committed to continuous exploration and research, allowing maintenance of a portfolio of quality mineral properties which in turn provides value for shareholders. The company has an experienced management team with a proven track record as explorers and developers throughout the Yukon Territory, British Columbia, Alaska and Nevada.
ON BEHALF OF THE BOARD
Daithi Mac Gearailt
President and Chief Executive Officer
Carl Schulze, P. Geo., Consulting Geologist with Aurora Geosciences Ltd, is a qualified person as defined by National Instrument 43-101 for Trailbreaker’s BC and Yukon exploration projects, and has reviewed and approved the technical information in this release.
Other
For new information about the Company’s projects, please visit Trailbreaker’s website at TrailbreakerResources.com and sign up to receive news. For further information, follow Trailbreaker’s tweets at Twitter.com/TrailbreakerLtd, use the ‘Contact’ section of our website, or contact us at (604) 681-1820 or at info@trailbreakerresources.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action; expectations regarding future exploration and drilling programs and receipt of related permitting. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as “anticipates”, “expects”, “understanding”, “has agreed to” or variations of such words and phrases or statements that certain actions, events or results “would”, “occur” or “be achieved”. Although Trailbreaker has attempted to identify important factors that could affect Trailbreaker and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. In making the forward-looking statements in this news release, if any, Trailbreaker has applied several material assumptions, including the assumption that general business and economic conditions will not change in a materially adverse manner. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Trailbreaker does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
September 15, 2025 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to provide the following corporate update on its gold (Au), copper-gold (Cu-Au), and copper-molybdenum (Cu-Mo) projects in British Columbia (BC) and Yukon Territory.
Trailbreaker is currently focussed on three projects in BC: the Liberty Cu-Mo porphyry project and Coho Cu-Au porphyry project, both in central BC, the Atsutla high-grade Au and porphyry Cu-Au-silver (Ag) project in northwestern BC.
Atsutla Gold Project
The Atsutla Gold project is a newly discovered high-grade gold project 120 km northwest of Dease Lake, BC. In addition to high-grade vein-hosted gold, the project also hosts a Cu-Au-Ag porphyry target called the Swan zone, which was further outlined through geophysical surveying in 2024 (see October 7, 2024 news release). Over the past three months, Trailbreaker consolidated key ground within the Atsutla Gold property claim boundary, particularly near the Highlands zone which hosts the highest gold grades sampled on the property to date (up to 630 g/t Au in grab samples).
The Company plans to conduct a first-pass exploration program over the newly acquired ground by the end of this field season, in addition to ground-truthing of drill collar locations in preparation of a future drill program.
The Highlands zone hosts widespread gold mineralization with numerous rock grab samples returning multi-ounce gold and silver values over a 750 x 600-meter area. The gold-bearing quartz veins are confined to shallow-dipping fault structures that have been traced for 3.5 km to the north (Snook zone) and 2 km to the east (Christmas Creek zone). This continuity suggests potential for additional mineralization within the newly consolidated ground west of the Highlands zone. The team is excited to test this theory during the upcoming exploration program.
The Atsutla Gold project is fully permitted for drilling, focusing on two separate targets representing distinct deposit settings, neither of which have ever been drilled. The Highlands zone represents a brand-new high-grade orogenic gold discovery, while the Swan zone, situated 26 km to southeast, represents a porphyry Cu-Au-Ag target.
Liberty Cu-Mo Project
Throughout 2024 and 2025, Trailbreaker advanced its Liberty Cu-Mo porphyry project, located 60 km northwest of Quesnel, BC. In 2024, the Company completed a seven-hole, 2,442 m diamond drilling program followed-up by an extensive soil geochemical program, an induced polarization (IP) geophysical survey, and an airborne electromagnetic (ZTEM) survey. Throughout this process, the property was expanded twice through additional claim staking, increasing from 5,054 hectares to 9,453 hectares in size.
Favourable drill results and combined interpretation of the IP and ZTEM data defined a significant target area for a phase 2 drill program, which was initially planned for May-June, 2025 (see Jan 13, 2025 news release). However, due to the significant size increase of the claim package, and the magnitude of the planned drill program, additional archaeological studies and environmental assessments were required which have been completed and are currently under review. As such, approval for the drill permit has been delayed.
Coho Cu-Au Property
In May, 2025, Trailbreaker acquired the Coho property, a Cu-Au porphyry target located in central BC, 30 km west of the Mount Milligan mine, and directly adjacent to Pacific Ridge Exploration’s Chuchi Cu-Au porphyry deposit (see May 26, 2025 news release). The Company considers the Coho property to be one of the more advanced projects in its portfolio. The priority target, the Coho zone, has been advanced through recent IP and airborne electromagnetic (EM) surveys, and has never been drilled.
Due to the size and scope of the project, Trailbreaker is planning an aggressive drill program. The Company is currently modelling historic (2022-2023) geophysical data and is compiling historic geochemical data to aid in drill targeting. While the Coho property is currently permitted for drilling under the previous operator (Pacific Ridge Exploration Ltd.), Trailbreaker has chosen to apply for a new separate drill permit that will comprise a much larger scope of exploration. The new application is for a 5-year area-based permit that will include up to 50 drill sites. The permit process is well underway, and Trailbreaker is working closely with the BC government and local First Nations to finalize the process.
Other Projects
In July, 2025, Trailbreaker announced the acquisition of the Wheaton Gold property, an orogenic gold prospect located 60 km east of Dease Lake, BC (see July 7, 2025 news release). The property covers the headwaters of multiple placer gold-bearing creeks, including Alice Shea Creek, source of the famous 52- troy oz ‘Turnagain nugget’. The Company is currently mobilizing for a 2025 surface exploration program to test multiple targets on the project.
Trailbreaker is also pleased to announce that the drill permit for its Castle Rock property on Vancouver Island has been approved. The Castle Rock property is an early-stage Cu-Au porphyry prospect situated on northern Vancouver Island, approximately 70 km northwest of Campbell River, BC. The company has advanced the project through multiple surface exploration programs from 2022 to 2024 (see August 12, 2024 news release). The newly received 5-year area-based permit includes up to 40 drill sites and 40 line-km of ground geophysics (such as IP, magnetic, or EM). The Company is currently planning the next steps for this project.
Trailbreaker remains committed to maintaining a pipeline of high-quality exploration projects throughout BC and the Yukon (Figure 1). These include McMurdo property near Golden, BC, the Eakin Creek property near Clearwater, BC, the Eagle Lake property east of Williams Lake, BC, the Sheldon property north of Ross River, YT, and the Plateau property east of Mayo, YT.
For more information on these projects, please visit the Projects Overview section on our website.
Figure 1: Location map of Trailbreaker’s exploration projects.
Message from the President
“A strong argument can be made that we are in the early stages of a new, multi-decade commodity bull market, and Trailbreaker Resources is very well-positioned to take advantage of this. We have an outstanding portfolio of new drill-ready projects, all of which have the potential of host significant discoveries. We have a good cash balance, an excellent share structure, and a team that continues to add valuable projects to our portfolio. I’d like to thank our loyal shareholders for their support, and I look forward to creating value for the company with future drilling once permits are in place.” – Daithi Mac Gearailt
About Trailbreaker Resources
Trailbreaker Resources is a mining exploration company focused primarily on mining-friendly British Columbia and Yukon Territory, Canada. Trailbreaker is committed to continuous exploration and research, allowing maintenance of a portfolio of quality mineral properties which in turn provides value for shareholders. The company has an experienced management team with a proven track record as explorers and developers throughout the Yukon Territory, British Columbia, Alaska and Nevada.
ON BEHALF OF THE BOARD
Daithi Mac Gearailt
President and Chief Executive Officer
Carl Schulze, P. Geo., Consulting Geologist with Aurora Geosciences Ltd, is a qualified person as defined by National Instrument 43-101 for Trailbreaker’s BC and Yukon exploration projects, and has reviewed and approved the technical information in this release.
Other
For new information about the Company’s projects, please visit Trailbreaker’s website at TrailbreakerResources.com and sign up to receive news. For further information, follow Trailbreaker’s tweets at Twitter.com/TrailbreakerLtd, use the ‘Contact’ section of our website, or contact us at (604) 681-1820 or at info@trailbreakerresources.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action; expectations regarding future exploration and drilling programs and receipt of related permitting. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as “anticipates”, “expects”, “understanding”, “has agreed to” or variations of such words and phrases or statements that certain actions, events or results “would”, “occur” or “be achieved”. Although Trailbreaker has attempted to identify important factors that could affect Trailbreaker and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. In making the forward-looking statements in this news release, if any, Trailbreaker has applied several material assumptions, including the assumption that general business and economic conditions will not change in a materially adverse manner. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Trailbreaker does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
July 25, 2025 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce that the TSX Venture stock exchange (the “Exchange”) has approved the option agreement for Trailbreaker to acquire a 100% interest in the Wheaton Gold property, northwestern British Columbia (BC).
The 2,223-hectare Wheaton Gold property is located 60 km east of Dease Lake, BC, and covers the headwaters of multiple placer gold-bearing creeks, including Alice Shea Creek, source of the famous 52 troy oz ‘Turnagain nugget’. Details of the project can be found in Trailbreaker’s July 7th, 2025 news release.
Terms of the Option Agreement
On July 1st, 2025 (the “Effective Date”), Trailbreaker signed an option agreement (the “Agreement”) with Cordilleran Properties (the “Optionor”) of Kamloops, BC. Subject to the approval of the TSX Venture Exchange, Trailbreaker has the option to acquire a 100% interest in the Wheaton Gold property by completing the following:
paying to the Optionor $10,000 on the Effective Date;
paying to the Optionor $10,000 on or before the first anniversary of the Effective Date;
paying to the Optionor $15,000 on or before the second anniversary of the Effective Date;
paying to the Optionor $25,000 or issuing to the Optionor $25,000 worth of Trailbreaker common shares (“Shares”) on or before the third anniversary of the Effective Date;
paying to the Optionor $75,000 or issuing to the Optionor $75,000 worth of Shares on or before the fourth anniversary of the Effective Date; and
completing $1,000,000 of expenditures on or before the fifth anniversary of the Effective Date.
A maximum of 2,000,000 common shares will be issued at a deemed price per share equal to the greater of CDN$0.05 and the VWAP for the ten (10) trading days prior to issuance pursuant to this arms-length transaction.
Upon completion of the Agreement, Trailbreaker will obtain a 100% interest in the property and the Optionor will retain a total 2.0% Net Smelter Return (NSR) royalty, which may be brought down to 0.5% through a cash payment of $1,500,000 to the Optionor.
For more information about the Wheaton Gold property see the July 7, 2025 news release or the Wheaton Gold section on Trailbreaker’s webpage:
Trailbreaker Resources is a mining exploration company focused primarily on mining-friendly British Columbia and Yukon Territory, Canada. Trailbreaker is committed to continuous exploration and research, allowing maintenance of a portfolio of quality mineral properties which in turn provides value for shareholders. The company has an experienced management team with a proven track record as explorers and developers throughout the Yukon Territory, British Columbia, Alaska and Nevada.
ON BEHALF OF THE BOARD
Daithi Mac Gearailt
President and Chief Executive Officer
Carl Schulze, P. Geo., Consulting Geologist with Aurora Geosciences Ltd, is a qualified person as defined by National Instrument 43-101 for Trailbreaker’s BC and Yukon exploration projects, and has reviewed and approved the technical information in this release.
Other
For new information about the Company’s projects, please visit Trailbreaker’s website at TrailbreakerResources.com and sign up to receive news. For further information, follow Trailbreaker’s tweets at Twitter.com/TrailbreakerLtd, use the ‘Contact’ section of our website, or contact us at (604) 681-1820 or at info@trailbreakerresources.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action; expectations regarding future exploration and drilling programs and receipt of related permitting. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as “anticipates”, “expects”, “understanding”, “has agreed to” or variations of such words and phrases or statements that certain actions, events or results “would”, “occur” or “be achieved”. Although Trailbreaker has attempted to identify important factors that could affect Trailbreaker and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. In making the forward-looking statements in this news release, if any, Trailbreaker has applied several material assumptions, including the assumption that general business and economic conditions will not change in a materially adverse manner. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Trailbreaker does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
