Trailbreaker Resources Ltd. is pleased to announce that it has completed a high-resolution ground magnetic survey over the Moffat zone at the Eagle Lake property. The survey covers an area of approximately 4 km2 comprising overlapping multi-element mobile-metal ion soil anomalies, induced-polarization chargeability high features, and historic drill results, including 3.52 g/t gold over 9.9 m in drillhole MOF-5. The Moffat [...]
Trailbreaker Resources Ltd. is pleased to announce the commencement of the 2024 surficial exploration program at our Castle Rock property on northern Vancouver Island, British Columbia . The program will consist of follow-up exploration on the results obtained during 2023 as well as reconnaissance exploration on unexplored ground. Figure 1: Areas of focus for the 2024 exploration program. Soil geochemical anomalies and [...]
Trailbreaker Resources Ltd. is pleased to announce it has received a multi-year area-based exploration permit for the Swan target at the Atsutla Gold Project in northern British Columbia . The permit will allow Trailbreaker to conduct advanced exploration at the Swan target, including geophysical surveying and future diamond drilling, in order to better define the mineralization system. Trailbreaker is currently planning [...]
Trailbreaker Resources Ltd. is pleased to announce that it has commenced its 2024 drill program focussing on the copper-molybdenum porphyry target at its 100% owned Liberty property in central British Columbia . The program comprises up to 2,000 m of diamond drilling, testing a Cu-Mo ± gold ± silver geochemical soil anomaly1 coincident with an induced polarization chargeability and resistivity anomaly. A historic [...]
Trailbreaker Resources Ltd. today announces that it has closed its non-brokered private placement offering , previously announced on March 19, 2024. The Company has issued 1,406,250 Charity Flow-Through Units for $0.64 per Charity Flow-Through Unit , and 2,593,750 Charity Flow-Through Units for $0.56 per Charity Flow-Through Unit , for aggregate gross proceeds of $2,352,500 . Each CMETC FT Unit consists of one [...]
Trailbreaker Resources Ltd. today announces a non-brokered structured private placement offering , consisting of the issuance of the following securities: up to 1,406,250 CMETC Flow-Through Units at a price of $0.64 per CMETC FT Unit, to raise gross proceeds of up to $900,000, each CMETC FT Unit consisting of one flow-through common share of the Company and one half of one transferable non-flow-through common share [...]
Trailbreaker Resources Ltd. is pleased to announce the expansion of the Liberty property through claim acquisition and staking. The property is now 5,054 hectares in size, covering the mapped granitic intrusion, the copper-molybdenum porphyry and Cu skarn targets, as well as an additional epithermal gold target. In addition, an existing drilling permit for the Liberty property has been transferred to Trailbreaker. The [...]
Trailbreaker Resources Ltd. Further to its January 22, 2024 news release, the Company is pleased to announce that it has received TSX Venture Exchange approval of its option agreement to acquire 100% of the Liberty Property from an arm's length party , located in central British Columbia. The Liberty Property consists of 5 claims totalling 1,898.35 hectares, located in the Cariboo Mining Division of British Columbia [...]
Trailbreaker Resources Ltd. announces that subject to all regulatory approvals, the Company has granted 800,000 incentive stock options to directors, officers, and certain consultants of the Company. All Options issued pursuant to this grant shall vest immediately, have a term of 5 years and are exercisable at $0.43. Daithi Mac Gearailt President and Chief Executive Officer For new information about the Company's [...]
Trailbreaker Resources Ltd. is pleased to announce it has entered into an option agreement to acquire 100% of the 2,071-hectare Liberty property in central British Columbia . The Liberty property covers a copper-molybdenum porphyry target, located approximately 60 km northwest of Quesnel, BC, and accessible by forest service roads. Highlights of the Liberty Property TARGET: Strong porphyry target is defined by a [...]
Trailbreaker Resources Ltd. is pleased to report geochemical results from the 2023 surficial exploration program at their Castle Rock property on northern Vancouver Island, British Columbia . Highlights from the surficial exploration program include: Definition of a 3 km gold-in-soil geochemical anomaly along a magnetic lineament, including the newly defined Kokummi and Watchtower zones; Rock samples assaying up to 42.1 [...]
Trailbreaker Resources Ltd. is pleased to provide a company update on exploration activities during the 2023 field season, and on our continued efforts to build shareholder value. 2023 was an active year for Trailbreaker, with work conducted across a wide array of our projects. Work included the filing of an NI 43-101 technical report on the Atsutla project, optioning out of a portion of the Eagle Lake property, drill [...]
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