March 19, 2024 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) today announces a non-brokered structured private placement offering (the “Offering”), consisting of the issuance of the following securities:
up to 1,406,250 CMETC Flow-Through Units (the “CMETC FT 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 (1) flow-through common share (“FTShare”) of the Company and one half (1/2) of one transferable non-flow-through common share purchase warrant (each whole common share purchase warrant, a “Warrant”).
up to 2,593,750 Flow-Through Units (the “FT Units,” together with the CMETC FT Units, “Offered Securities”) at a price of $0.56 per FT Unit, to raise gross proceeds of up to $1,452,500, each FT Unit consisting of one (1) FT Share and one half (1/2) of one Warrant.
Each Warrant will be exercisable to acquire one additional non-flow-through common share of the Company at a price of $0.60 for 24 months following the date of issuance.
The gross proceeds raised from the issuance of the CMETC FT Units will be used to fund “Canadian exploration expenses” that qualify as “flow-through critical mineral mining expenditures” as such terms are defined in subsection 66.1(6) and subsection 127(9) of the Income Tax Act (Canada) respectively thereby being eligible for the 30% federal Critical Mineral Exploration Tax Credit and will also be eligible for the 20% British Columbia mining flow-through share tax credit pursuant to section 4.721 of the Income Tax Act (BC).
The gross proceeds raised from the issuance of the FT Units will be used to fund “Canadian exploration expenses” within the meaning of subsection 66.1(6) Income Tax Act (Canada).
The Company plans to use the proceeds from the Offering to conduct exploration work across a number of projects in 2024 and 2025. Exploration will be conducted on projects with demonstrated potential for critical metals and/or precious metals.
The Offering is expected to close on or about April 10, 2024 and is subject to the receipt of all necessary regulatory and other approvals, including, but not limited to, acceptance of the TSX Venture Exchange. The Offered Securities will be subject to a hold period of four months and one day from the closing date of the Offering in accordance with applicable securities laws.
ON BEHALF OF THE BOARD
Daithi Mac Gearailt
President and Chief Executive Officer
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.
Febraury 26, 2024 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) 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 (Cu-Mo) 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 permit allows Trailbreaker to conduct a first-pass drilling program to test the Liberty Cu-Mo porphyry target. Trailbreaker has initiated a “Request For Proposal” process with drill contractors to conduct a drilling program at Liberty in spring, 2024. This would allow for immediate follow-up exploration if results are favourable.
Message from the President
“By expanding the property, Trailbreaker has secured a first-mover advantage. The existing permit will strategically allow us to drill-test the Cu-Mo porphyry target while also advancing additional targets across the property. When we compare this property to Taseko’s Gibraltar Mine, we understand that these Cu-Mo porphyry systems can be very large and occur in multiple zones associated with the same plutonic body. With limited previous exploration across the property, we feel confident we can expand on the existing target footprint.” – Daithi Mac Gearailt
Liberty Property Description
The Liberty Property is located approximately 60 km northwest of Quesnel, BC. The property is fully accessible by resource roads.
The primary target of the Liberty project is a northwest-trending Cu-Mo ± gold (Au) ± silver (Ag) mobile metal ion (MMI) soil anomaly1 (Figure 1). This overlaps an induced polarization (IP) chargeability1 feature on the margin of the granitic intrusion. A historic drill hole to the south of this coincident anomaly returned an interval of 123.1 m of 0.11% Cu and 0.04% MoS21. For more information on this target see news release dated January 22, 2024 and the Liberty Project webpage.
In addition to the Cu-Mo porphyry target and the Cu-skarn target, which returned assay values of >8% Cu from historic trenching2, the expanded property also covers an epithermal gold target, where epithermal vein textures have been observed in a road cut2. Nearby soil and test pit samples returned anomalous grades of gold (Au) and arsenic (As)2. These may represent a lower-temperature epithermal portion of the hydrothermal system.
Figure 1: Expanded property outline, now covering 12 km of strike extent of the granitic intrusion potentially associated with Cu-Mo porphyry, epithermal gold, and Cu-skarn style mineralization.
Claim Acquisition and Staking
Trailbreaker staked an additional 1,007 hectares of claims along the southeast margin of the previous property boundary in order to cover the entire mapped granitic intrusion and any potential mineralization that may be associated with the intrusion.
As well, Trailbreaker purchased 100% interest in a claim block covering 2,148 hectares adjoining the property and extending it to the northwest of the previous property boundary, covering the northwest extent of the granitic intrusion and the epithermal gold target.
This expansion increases the property size from 1,898 hectares to 5,054 hectares, encompassing known prospective geological settings in the area.
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.
FEBRUARY 7, 2024 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) Further to its January 22, 2024 news release, the Company is pleased to announce that it has received TSX Venture Exchange (the “Exchange”) approval of its option agreement (the “Agreement”) to acquire 100% of the Liberty Property (formerly the Murray Property) from an arm’s length party (the “Optionor”), 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. Pursuant to the terms of the Agreement, the Company will now issue 50,000 common shares to the Optionor.
The Liberty Property covers a copper-molybdenum (Cu-Mo) porphyry target, located approximately 60km northwest of Quesnel, BC, and is accessible by forest service roads.
The Company also announces that, at its Annual Meeting of Shareholders held December 15, 2023, shareholders of the Company voted to approve the adoption of a 10% rolling stock option plan. Previously the Company had a 20% set stock option plan.
“The Company appreciates the confidence and continued support of its shareholders.”
ON BEHALF OF THE BOARD
Daithi Mac Gearailt
President and Chief Executive Officer
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.
January 26, 2024 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) 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.
ON BEHALF OF THE BOARD
Daithi Mac Gearailt
President and Chief Executive Officer
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.
January 22, 2024 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) 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 (BC).
The Liberty property covers a copper-molybdenum (Cu-Mo) 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 coincident Induced Polarization (IP) chargeability and Cu-Mo±Gold (Au)±Silver (Ag) soil and rock geochemical anomalies on the margin of a poly-phase Mesozoic granitic pluton.
POTENTIAL: Multiple styles of mineralization across the property, including porphyry-style mineralization, as well as associated skarn mineralization.
PROVEN RESULTS: Historic drilling in the 1960s by Rio Tinto, to the south of the modern coincident IP and geochemical anomaly, returned an assay result of 123.1 m of 0.11% Cu and 0.04% MoS21, from the top of bedrock to the end of hole.
UNDEREXPLORED: Coincident geophysical and geochemical anomalies were defined in the 2010s but have never been drill-tested.
ACCESS: Fully road-accessible through a network of forestry service roads. Low annual precipitation allows for year-round access to the property.
VALUE: Trailbreaker has the option to acquire 100% of the project with a value-driven deal.
Message from the President
“We are excited to add the Liberty project to our portfolio. Liberty shows many of the key characteristics of a strong porphyry target which has never been adequately tested. With this option agreement and great access, we will be able to effectively and efficiently advance the project.” – Daithi Mac Gearailt
Figure 1: Location of the Liberty property relative to other advanced stage mining projects and mines within the region.
Geology and Exploration Potential
The Liberty property is located in the Cache Creek Terrane, which hosts significant calc-alkaline porphyry Cu-Mo deposits such as the second largest open-pit copper mine in Canada2, the Gibraltar Mine (Figure 1). The Gibraltar Mine contained 6.4 billion pounds of copper from past production and in current reserves3. The current reserves have an average copper grade of 0.24% Cu and a cut-off grade of 0.15% Cu3.
The Liberty property covers a poly-phase granitic to dioritic pluton of presumed Jurassic to Cretaceous age, which has intruded into the Cache Creek Complex, comprising a package of sedimentary rocks (Figure 2). Eocene Endako Group basalt flows and Miocene to Pleistocene Chilcotin Group basalt flows cover the older Cache Creek Complex on the eastern and western margins of the property, respectively.
The primary target of interest on the Liberty property is a 1,750 m by 750 m northwest-trending Cu-Mo±Au±Ag mobile metal ion (MMI) soil anomaly1 (Figure 3), which overlaps a moderate to strong IP chargeability1 feature on the margin of the granitic intrusion. Historic trenching rarely reached bedrock, but where exposed, results include a weighted average chip sample of 0.11% Cu over 10 m 4. Additionally, Rio Tinto conducted exploration on the southern portion of the property between 1967 and 1969, culminating in a small ~1,000 m drill program. Rio Tinto’s northernmost hole is believed to have been drilled at the southern margin of the MMI and chargeability anomalies, returning an interval of 123.1 m of 0.11% Cu and 0.04% MoS21. Drill holes to the south did not intersect significant Cu-mineralization, but did intersect abundant disseminated pyrite, potentially representing the pyrite-halo surrounding porphyry-style mineralized core. These results indicate potential for a Cu-Mo porphyry-style system, and represent a high-priority exploration target.
Figure 2: Target zones and past exploration highlights of the Liberty property overlain on the local geology.
Other target areas on the property, likely associated with the magmatic-hydrothermal system that formed the Cu-Mo porphyry target, include the Cu Skarn target (Figure 2). Historic trenching has returned assay values of >8% Cu2, which is believed to be associated with coeval skarn mineralization.
Due to overall low bedrock exposure, much of the rest of the property remains underexplored, with only minor amounts of prospecting having been completed. Systematic geochemical and/or geophysical surveys designed to identify additional prospective areas within the hydrothermal system have not been completed yet.
Figure 3: Copper, molybdenum, silver, and gold MMI soil geochemical response within the northwest trending anomaly, which overlaps with the chargeability high. The strong correlation between all four elements and the high chargeability feature, along with historic drill results along the south margin, signifies strong prospectivity of this target.
Readers are cautioned that all data presented in this news release are historical in nature. Sufficient work to independently verify the historical results has not been completed at this time. Historical results should not be treated as fact and reproduction of these results is not guaranteed.
Terms of Acquisition
Trailbreaker consolidated the Liberty property through an option agreement with Mr. Bernie Kreft.
This option agreement enables Trailbreaker to acquire a 100% interest in five claims held by Mr. Kreft. This agreement is subject to the approval of the TSX-Venture Exchange. The terms of the option agreement consist of:
Upon signing: a cash payment of CAD$5,000 and a transfer of 50,000 Trailbreaker common shares
First anniversary: a cash payment of CAD$5,000 and a transfer of 50,000 Trailbreaker common shares
Second anniversary: a cash payment of CAD$5,000 and a transfer of 50,000 Trailbreaker common shares
Third anniversary: a cash payment of CAD$30,000 and a transfer of 150,000 Trailbreaker common shares
Fourth anniversary: a cash payment of CAD$57,500 and a transfer of 450,000 Trailbreaker common shares
The claims are subject to a 2% net smelter return (NSR), 1% of which can be purchased back for CAD$1,000,000
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 27, 2023 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to report geochemical results from the 2023 surficial exploration program at their Castle Rock property on northern Vancouver Island, British Columbia (BC).
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 g/t gold (Au) and 1.93% copper (Cu) at the Flan zone, confirming historic results;
Extension of the Heart zone in outcrop, with rock sample results up to 2.21 g/t Au (175 m north of the Heart showing) and 2.18 g/t Au (80 m east of it);
Moss-mat sampling indicates gold mineralization may occur in drainages where no previous exploration has occurred;
Interpretation of magnetic lineaments suggests that mineralization is associated with northwest trending structures splaying off the Kokummi granodioritic stock in the southwest property area. This indicates much of the unexplored property areas may have elevated mineral potential.
Message from the President
“Our grassroots exploration efforts at Castle Rock have continued to build upon a showing with limited previous exploration, and are quickly developing this into a compelling project with multiple targets. Castle Rock is a great testament to our tried-and-true exploration methodology which has proven to add value to our portfolio of early-stage exploration projects. We are excited to continue to advance Castle Rock, along with the rest of our portfolio.” – Daithi Mac Gearailt
Figure 1: Soil geochemical anomalies and highlighted rock and moss-mat samples from the 2023 surface sampling program, overlain on interpretation of the regional airborne magnetic survey. Sampling defines a 3 km gold-in-soil trend which includes the Heart zone and newly defined Watchtower and Kokummi zones. Rock sampling has confirmed historic values at the Flan zone and defined an open gold-in-soil anomaly. Additionally, anomalous moss-mat samples in the southeast and eastern portions of the property have defined new areas of potential mineralization, leading to additional claim staking.
Heart, Watchtower, and Kokummi zones (3 km long soil trend)
Rock and soil geochemical sampling and prospecting successfully defined a three-kilometre gold-in-soil trend with multiple >30 ppb gold anomalies, centered on the previously known Heart showing. The Heart showing was discovered in 2012 and consists of a brecciated granodiorite dyke containing 5 to 10% pyrite-chalcopyrite. Historic chip sampling returned assays of 2.0 g/t Au over 30 metres1.
During the 2023 surface campaign, rock samples collected from an outcrop 175 m north-northwest of the Heart showing returned assay results up to 2.2 g/t Au. These samples were collected from a strongly oxidized granite, very similar to the main Heart zone showing. Additionally, gossanous basalt containing pyrite was sampled in outcrop 80 m east‑northeast of the Heart showing, and returned assay results up to 2.2 g/t Au.
Soil sampling near the Heart showing expanded the continuous gold-in-soil anomaly, defining the Heart zone to approximately 1,150 m in strike length and up to 300 m in width.
A new multi-sample gold-in-soil anomaly, the Watchtower zone, was identified approximately 325 m to the southwest of the Heart showing. No previous sampling had been conducted in the area prior to 2023. The anomaly remains open to the south and west. This may represent an additional mineralization centre near the Heart zone.
A second newly identified gold-in-soil anomaly, the Kokummi zone, was defined to the south-southeast of the Heart zone. This anomaly is on strike of the Heart zone and is defined by gold-in-soil values >30 ppb along multiple soil sampling lines, defining a >600 m strike length.
Flan zone
Historic sampling at the Flan zone returned assays up to 135 g/t Au in boulders2. Sampling during 2023 was designed to confirm the presence of mineralization and to define a bedrock source. Gossanous float material sampled at the Flan zone confirmed high-grade gold mineralization, with assays up to 42.1 g/t Au and 1.93% Cu. As well, basalt-hosted semi-massive pyrite-chalcopyrite-pyrrhotite sampled in outcrop returned assays up to 3.1 g/t Au. It is believed that this outcrop-hosted mineralization is associated with the float samples, and that similar mineralization may occur under vegetative and/or till cover. The Flan zone lies at the intersection of two magnetic lineaments. This structural intersection may be an important control of gold mineralization.
The Flan zone occurs on the western extent of the soil geochemical grid. However, another gold-in-soil anomaly was defined from the 2023 sampling approximately 500 m north of the outcrop mineralization at the Flan zone. The anomaly is defined by >30 ppb gold-in-soil, and remains open to the west and north.
Reconnaissance sampling
To assess potential mineralization outside of the primary area covered by soil sampling, moss-mat sampling, targeting additional drainages on the property, was employed. Moss-mat sampling is used as a reconnaissance style sampling method, similar to stream sediment sampling, providing indications of metal content within a drainage and providing a vector for the location of mineralization.
Two areas returned multiple moss-mat samples with greater than 10 ppb gold. The first area is in the southeastern portion of the property, near the postulated contact of the Kokummi stock and the Karmutsen basalts. The second area is within a valley that drains from the eastern flank of Mt. Adam. This valley, which has not undergone any exploration work, is marked by magnetic lineaments, similar to those at the Heart-Kokummi soil trend. Additional claims were staked in this area to cover all drainages potentially causing these elevated moss-mat samples.
Future Work Recommendations
Future work at the Castle Rock property will be focussed toward continuing to define the extent of mineral potential on the property, as well as advancing individual targets toward initial drill testing. This work will include permitting to conduct advanced exploration activities, additional surface geochemical work, and geophysical surveying.
About the Castle Rock property
The Castle Rock property covers 3,108 hectares of land, approximately 70 km northwest of Campbell River, BC on northern Vancouver Island (Figure 1). It was acquired by Trailbreaker in 2022 and was recently consolidated through an option agreement with Cazador Resources Ltd. (see August 8, 2023 news release). Trailbreaker conducted initial exploration assessment work in 2022 and followed up with a second surface exploration program in 2023 (results are contained in this news release).
The claims cover five BC Minfile occurrences on a district-scale structure that is >5 km-long, with newly identified gold ± copper-enriched intrusions. These Minfile occurrences are relatively new discoveries, mostly due to access created by recent logging activity.
Northern Vancouver Island is host to several large Cu-Au porphyry deposits, including Northisle’s Hushamu deposit (Inferred Resource of 5.57 Moz AuEq)3, and BHP Billiton’s past producing Island Copper porphyry copper deposit (produced >2.7 B lb Cu and >1.0 Moz Au) 3.
At the Castle Rock property, gold is dominantly hosted in Jurassic granodiorite dykes which have been emplaced along a regional-scale fault zone separating Lower to Middle Triassic Daonella Bed sedimentary rocks from Upper Triassic Karmutsen Formation basalts.
About Trailbreaker Resources
Trailbreaker Resources is a project generator focused primarily on mining-friendly British Columbia and Yukon Territory, Canada. We are committed to continuous exploration and research, allowing us to maintain a portfolio of quality mineral properties which in turn provides value for our shareholders. The company has an experienced management team with a proven track record as project generators 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.
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