TRAILBREAKER Resources LTD

The Liberty property is located in central British Columbia, approximately 60 km northwest of Quesnel, BC. A series of Forestry Service Roads transect the property. The property is located in the Fraser Plateau, consisting of gently rolling hills, with elevations ranging from 850 m to 1300 m above sea level. Climate in the area is typical of central BC, where summers are warm and dry and winters are cold with little snow. This combination of infrastructure and climate allows for year-round access to the property.

1960s

The first documented exploration on the property occurred from 1967 to 1971. Rio Tinto staked the claims due to anomalous Cu in stream sediment samples. They conducted work consisting of soil sampling, IP, trenching, and diamond drilling exploring for porphyry and shear-hosted Cu.

The work culminated in a ~1,000 m diamond drilling program in 1969, which mostly focused on the shear-hosted Cu mineralization in the southwest of the property. However, a few holes also targeted the more northern porphyry target. The northern most drillhole (DDH-A8) returned 123.1 m of 0.11% Cu and 0.024% Mo from the top of bedrock (29 m) to the end of hole. Drilling to the south of this hole intersected granodiorite with abundant pyrite, which is interpreted to be part of the outer phyllic zone.

1997-2013

The project remained dormant until 1997, when William Poole staked the area. Between 1997 and 2003 prospecting found wollastonite skarn, polymetallic vein, vein-hosted gold, and talc-magnesite showings.

In 2011 and 2012 and IP and MMI soil survey were conducted over the porphyry target, defining a coincident Cu-Mo±Au±Ag soil and IP chargeability anomaly atop a Mesozoic aged pluton.

Trenching in 2013 was designed to test the surface exposure. Deep overburden prevented many trenches from reaching bedrock. However, those that did encountered chlorite-altered diorite with disseminated chalcopyrite, assaying up to 0.39% Cu and continuous chip sample of 0.11% Cu over 10 m.

2015-2018

The property changed ownership a few times since 2013, with minimal work being completed. Work during this time included a single IP line and biogeochemical sampling atop the porphyry target.

2024

Trailbreaker optioned the claims in Febraury. Historic data was compiled and IP was remodelled to generate drill targets within the coincident MMI anomaly. A seven hole diamond drilling program (2,442 m) were completed at the porphyry target. Property-scale soil surveying and prospecting were also conducted.

The Liberty property covers a moderate-sized polyphase granodiorite to diorite pluton (~8 km long and 2-4 km wide) Jurassic to Cretaceous (?) in age. The pluton has intruded into the volcanic and sedimentary rocks of the Mississippian to Triassic aged Cache Creek Group. To the east of the property, Eocene-aged Endako Group volcanic rocks unconformably overly the Cache Creek Group and granodiorite pluton. Chilcotin Group basalts are present along the western margin of the claims. Approximately 90% of the property is covered by unconsolidated glacial tills from Pliestocene glaciation.

Drilling toward the east, through the chargeability high, encountered moderate to strong chlorite-altered (propylitic) granodiorite with porphyry-style chalcopyrite ± molybdenite-pyrite-pyrrhotite stringers and quartz veins containing chalcopyrite ± molybdenite-pyrite-pyrrhotite. Intermittent quartz-sericite ± clay (phyllic) alteration overprints the propylitic alteration zones. The phyllic alteration is associated with increased quartz-vein content, with individual veins reaching up to 0.75 m in core width and associated with fault zones. Late-stage molybdenite-bearing veinlets with sericitic selvages overprint other alteration and veining.

Fine grained ultramafic rocks of the Cache Creek Complex are encountered at the bottom of LIB24-001 and LIB24-003. In LIB24-003, the contact of the ultramafic rocks and the granodiorite intrusion displays localized skarn-style alteration and mineralization, with fine grained light green and pink mottled alteration and heavily disseminated to semi-massive chalcopyrite-molybdenite-pyrite mineralization. This alteration assemblage transitions into talc and asbestos alteration distal from the contact, and contains molybdenite ± chalcopyrite mineralization.

Cu and Mo mineralization in drill core is associated with elevated gold, silver, and rhenium (Re). Higher grades of these metals, potentially in economic quantities, may occur in various parts of the overall mineralized system. The presence of these elements is in line with the gold and silver (Ag) anomalies in the MMI surveying.

Alteration and veining notably decrease in LIB24-002, although are still present. LIB24‑002 was drilled toward the west, targeting the margin of the chargeability anomaly, where it is coincident with high resistivity and strong multi-element soil anomalies. This drilling shows that the decreasing chargeability coincides with decreasing chalcopyrite and molybdenite mineralization as well as decreasing pyrite content.

Prospecting in the southwestern portion of the property returned numerous rock samples with >1% Cu. including 23.71% Cu from a malachite vein striking 140° – 320°. This area displays iron-carbonate, talc, and actinolite alteration along the contact between ultramafic rocks to the northeast and an argillite unit to the southwest. This contact was also identified in outcrop 900 m to the northwest, with similar iron-carbonate alteration and elevated Cu values (up to 0.23% Cu in float around the contact). The Cu-in-soil anomaly is particularly strong along this contact and extends to the northeast, with an average width of 1.8 km.

The malachite mineralization in the southwest Liberty property area shares similarities with the highest-grade mineralization encountered from the Spring, 2024 drilling which returned 34.2 m of 0.47% Copper Equivalent (CuEq), including 5.9 m of 2.02% CuEq, in hole LIB24-003. The high-grade mineralization in LIB24-003 is located along the contact of a granodiorite intrusion with ultramafic rocks. This high-grade interval is part of a wider interval of mineralized granodiorite (194.3 m of 0.16% CuEq). In the southwestern area, where the high-grade malachite was sampled, mineralization also occurs along the contact of ultramafic rocks with the argillite unit, which display similar iron-carbonate, talc and actinolite alteration. This near-surface high-grade mineralization may be associated with a mineralized intrusion, similar to that encountered in drilling.

Soil sampling and prospecting were designed to cover prospective geological and regional structural settings across the entire property. A total of 1,601 soil samples and 47 rock samples were collected. Cu-in-soil values are anomalous through an arcuate zone that transects the center of the property. This zone extends northeast for 4.1 km (~1.8 km width) from the southwestern limit of sampling to the centre of the property. From there, it extends northwest for an additional 6.3 km (~1.0 km width) to the northern property boundary.

This extensive Cu-in-soil is locally coincident with anomalous gold (Au), silver (Ag), molybdenum (Mo), and arsenic (As) values, defining more constrained multi-element soil anomalies. The most significant of these occur in the southwestern area, the area of Spring, 2024 drilling, and the northern area. The multi-element anomalies align well with the highest Cu-in-soil anomalies.

Two areas within the soil survey are marked by wetland conditions, with deeper organic horizons and shallow groundwater levels with water-saturated soil. These areas may cause a subdued geochemical response in soil, as the soil development has occurred in a different environment than elsewhere on the property. They occur in the central and northern boundary areas of the property.