Trailbreaker Resources Ltd. today announces that the Company has filed for approval from the TSX Venture Exchange to close its non-brokered private placement of units for aggregate gross proceeds of $715,000. On approval the Company will issue 6,500,000 units at a price of $0.11 per Unit, for gross proceeds of $715,000, each Unit consisting of one common share and one common share purchase warrant, each warrant being [...]
Trailbreaker Resources Ltd. is pleased to announce that it has received a geological study from Terrane Geoscience Inc. with recommended drill holes for Trailbreaker's 100%-owned Atsutla Gold project, located in northwestern British Columbia . While discussing potential deposit models for the project, the report summarized that there is good evidence of a porphyry-epithermal system, as well as possible orogenic-type [...]
Trailbreaker Resources Ltd. is pleased to announce that it has received a permit to drill at their 100%-owned Eakin Creek gold property in south-central British Columbia . Phase 1 of the program will consist of diamond drilling up to 10 holes to test coincident induced polarization and geochemical anomalies outlined during the 2022 exploration program , as well as the numerous surficial gold showings found within these [...]
Trailbreaker Resources Ltd. today announces that the Company has received approval from the TSX Venture Exchange to close its previously announced non-brokered private placement of flow-through and non-flow through units for combined aggregate gross proceeds of $809,120. The Company will now issue 4,216,000 flow-through units at a price of $0.12 per FT Unit, for gross proceeds of $505,920, each FT Unit consisting of one [...]
Trailbreaker Resources Ltd. today announces that the Company has filed documents with the TSX Venture Exchange seeking approval to close its previously announced non-brokered private placement of flow-through and non-flow through units for combined aggregate gross proceeds of $809,120. On receipt of TSX Venture Exchange approval, the Company will issue 4,216,000 flow-through units at a price of $0.12 per FT Unit, for [...]
Trailbreaker Resources Ltd. today announces that the Company intends to complete a non-brokered private placement of flow-through and non-flow through units for combined aggregate gross proceeds of up to $900,000. The Private Placement is expected to close on or before February 24, 2023. On receipt of TSX Venture Exchange approval, the Company will issue up to 5,000,000 flow-through units at a price of $0.12 per FT Unit [...]
Trailbreaker Resources Ltd. is pleased to announce the acquisition of the Castle Rock property on northern Vancouver Island, British Columbia . The property was acquired through claim staking, then expanded through a partnership with Cazador Resources Ltd. in January, 2023. Together, the companies own 100% of the property with no underlying payments or royalties. In September, 2022, Trailbreaker completed a first-pass [...]
Trailbreaker Resources Ltd. is pleased to announce the results of the 2022 exploration program at its 100%-owned Atsutla Gold project, located in northwestern British Columbia . First-pass prospecting on newly staked claims has led to the discovery of high-grade gold mineralization 3.5 km northeast of the Highlands zone, in an area now termed the 'Snook zone.' Assays of rock grab samples returned values up to 53.3 g/t [...]
Trailbreaker Resources Ltd. announces that subject to all regulatory approvals, it has reduced the exercise price of 3,224,600 common share purchase warrants to $0.25. The Warrants were issued pursuant to the following private placement financing: • May 12, 2021 800,000 share purchase warrants exercisable at $0.35 and 2,424,600 share purchase warrants exercisable at $0.49 The Company has also applied to extend the [...]
Trailbreaker Resources Ltd. is pleased to announce the results of the Phase 1 exploration program at its 100%-owned Eakin Creek property in south-central British Columbia . A 1,000 x 600-metre area has been defined as having a gold-in-soil anomaly coincident with an Induced Polarization geophysical anomaly. Also, widespread gold mineralization in bedrock and float samples was identified. The 2022 program utilized multiple [...]
Trailbreaker Resources Ltd. is pleased to announce the completion of the 2022 exploration program at its 100%-owned Atsutla Gold project, located in northwestern British Columbia . The program included detailed structural geological mapping at the four high-grade gold zones discovered and defined in 2021 with a focus on drill target generation, as well as continued first pass prospecting and soil sampling on newly staked [...]
Trailbreaker Resources Ltd. is pleased to announce the completion and results of its Phase 1 exploration program at the Eagle Lake property in south-central BC . The program included prospecting, geological reconnaissance mapping, and a 432-sample Mobile Metal Ion soil geochemical survey covering a 3 x 3.5-kilometre area. The MMI survey was designed to cover historic drill showings which include a drill intercept of 3.52 [...]