by Declan Lane | Jun 8, 2022 | News, News 2022
June 8, 2022 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce the completion of its Phase 1 exploration program at their Eakin Creek property in south-central British Columbia (BC). The program was designed to evaluate the known gold showings and to help in de-risking potential future drill programs. Phase 1 consisted of an induced polarization (IP) and resistivity survey, a mobile metal ion (MMI) soil geochemical survey, prospecting and geological reconnaissance.
Details of the Phase 1 program (Results pending)
- 11 line-kilometers of deep-penetrating IP and resistivity surveying
- 90 prospecting grab samples
- 301 soil samples undergoing MMI analysis, covering a 1.8 x 1.4-kilometre area
About Eakin Creek
The Eakin Creek property lies in an underexplored portion of the Quesnel tectonic terrane that hosts many of BC’s producing copper and gold mines, such as the New Afton, Ajax, Mt Polley, Highland Valley, and Copper Mountain mines. The Eakin Creek property was acquired in March, 2022 and is 100% owned by Trailbreaker with no underlying royalties or payments. It is located 100 kilometres north of Kamloops, BC and can be accessed via Highway 24 and by well-maintained forest service roads (see Location Map). The property covers 1,610 hectares (ha) of prospective ground within the watershed of placer gold-bearing Eakin Creek.
Trailbreaker’s exploration approach
The Eakin Creek claims are host to some of BC’s highest gold grain-count values from government-collected till samples, and includes indicators for potential porphyry-style copper-gold (Cu-Au) mineralization. Historic grab samples from float rock sampling have assayed as high as 2.60 oz/ton (89 g/t) gold (Au). While there is very limited outcrop on the property, historic sampling on a highway-exposed outcrop has returned a 3.0-metre chip sample interval grading 3.15 g/t Au, within a 14.0-metre interval grading 0.9 g/t Au.
To aid in locating the source of these till and float rock samples, Trailbreaker has decided to employ MMI (mobile metal ion) technology. Unlike conventional soil geochemical surveys, MMI analysis measures metal ions that travel upward from the bedrock and accumulate in the surface soil, allowing this method to detect deeply buried mineralization and to provide more focused anomalies.
To compliment the surface geochemical program, Trailbreaker has also conducted an induced polarization (IP) and resistivity survey. IP surveys are adept at locating chargeability anomalies that may represent zones of disseminated sulphides, which may be associated with gold mineralization. Phase 1 prospecting was successful in locating multiple historic sampling sites and will aid in confirming values obtained by historic sampling. Prospecting near the limited outcrop exposures on the property confirmed the presence of sheeted pyrite-bearing quartz veins within an altered diorite unit.
Trailbreaker intends to use the results of these surveys to further define drill targets in an area largely covered by glacial till.
For more details and maps on Eakin Creek see the dedicated section on Trailbreaker’s website.
Message from the President
“I am very pleased with the progress the exploration team has made in two short weeks at the Eakin Creek property. This work will be essential to determine targets for potential follow-up drilling at Eakin Creek. Stay tuned for further updates as we await assay results and the compilation of the geophysical data.”
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.
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 occur
by Declan Lane | May 31, 2022 | News, News 2022
May 31, 2022 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) announces that subject to all regulatory approvals, the Company has granted 785,000 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 $0.24.
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.
by Declan Lane | May 18, 2022 | News, News 2022
View the PDF version of this news release here
by Declan Lane | May 4, 2022 | News, News 2022
View the PDF version of this news release here
by Declan Lane | Mar 30, 2022 | News, News 2022
March 30, 2022 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce the acquisition of the Eakin Creek property in south-central British Columbia (BC), and to provide a corporate update on the upcoming exploration plans for their Atsutla Gold project in northwestern BC.
Highlights of the new Eakin Creek property
- Located 100 km north of Kamloops, and road accessible via Highway 24 and well-maintained forestry roads
- Acquired by staking and the amalgamation of historical claims and showings
- 100%-owned by Trailbreaker Resources with no underlying payments or royalties
- Covers 1,610 hectares of prospective ground that drains into placer gold-bearing Eakin Creek
- Lies within an underexplored portion of the Quesnel tectonic terrane that hosts many of BC’s producing copper and gold mines
- Property covers some of BC’s highest gold grain-count values from government-collected till samples, and includes indicators for copper-gold (Cu-Au) porphyry deposit potential
- Has a history of placer gold production
- Hosts a robust gold-in-soil anomaly with 58 samples containing greater than 100 ppb Au, up to a maximum of 2,600 ppb (2.6 g/t) Au
- Historic high-grade grab samples assay up to 2.60 oz/ton (89 g/t) Au
- Limited outcrop sampling to date has returned a 3.0-metre chip sample interval grading 3.15 g/t Au, within a 14.0-metre interval grading 0.9 g/t Au
- No drilling has ever been conducted on the property
See below for an expanded summary and maps of the Eakin Creek property.
Update on the Atsutla Gold project and planned 2022 exploration program
Trailbreaker’s Atsutla Gold project is located 70 km south of the Yukon-British Columbia border and 130 km northwest of the community of Dease Lake, BC. Exploration in 2021 included the discovery of widespread high-grade gold at the Highlands zone, with grab sample assays up to 630 g/t (18.38 oz/ton) gold and 1,894 g/t (55.25 oz/ton) silver (see September 13th, 2021 news release). The program also included the identification of four gold zones: the Highlands, Christmas Creek, Willie Jack, and Swan zones (see November 1st, 2021 news release).
The current claim package was recently expanded from 37,727 hectares to 40,057 hectares.
Exploration in 2022 will include planning and determination of drill hole locations for a highly anticipated diamond drilling program. Drilling permits for the Atsutla Gold project remain outstanding (specifically at the Swan zone), as such drilling in 2022 is subject to their approval. In the meantime, the Company is working with all stakeholders, First Nations, and other interested parties in the area, to ensure exploration programs continue to be conducted in a safe, environmentally responsible and sustainable manner.
An airborne LiDAR (‘light detection and ranging’) survey is currently being planned for the Atsutla Gold project in the early summer of 2022. LiDAR surveys use laser scanning to produce high-resolution, 3-D representations of the earth’s surface. These can detect subtle topographic changes which can represent geological features such as lithological contacts, faults, and quartz veins, which are all important controls on gold mineralization at the Atsutla Gold project.
Work in 2022 will also include following up on targets identified from the airborne magnetic survey completed in the fall of 2021. Structural investigation and detailed mapping will be conducted on all gold-bearing zones, as well as first-pass reconnaissance prospecting and soil sampling on newly staked ground.
Trailbreaker will combine existing information on last year’s high-grade gold discoveries and existing geophysical survey results with upcoming geophysical surveys and structural investigations, to enhance its potential for new discoveries in 2022.
More on Eakin Creek:
The Eakin Creek property is located 100 kilometres north of Kamloops, BC and can be accessed via Highway 24 and by well-maintained forest service roads (see Map 1 – Location). The property covers 1,610 ha of prospective ground that drains into placer gold-bearing Eakin Creek. Eakin Creek lies in an underexplored portion of the Quesnel tectonic terrane that hosts many of BC’s producing copper and gold mines, such as New Afton, Ajax, Mt Polley, Highland Valley, and Copper Mountain. The claim package is 100%-owned by Trailbreaker Resources with no underlying royalties or payments.
A regional-scale till sampling survey conducted by the Geological Survey of Canada has shown that this underexplored portion of the Quesnel terrane has an anomalous Cu-Au-As-Mo geochemical signature that is indicative of copper porphyry environments elsewhere in BC. Furthermore, some of BC’s highest gold grain-count values are recorded from till samples from the Eakin Creek property (see Map 2 – Regional Till Survey).
Placer gold was first discovered in Eakin Creek in the late 1800s with small scale placer mining occurring through to the 1940s. The hard rock source of the placer gold was never found and remained a mystery for over 100 years. Gold in bedrock was first discovered on the property in 1983 during the construction of Highway 24, with subsequent hard rock discoveries continuing through to the early 1990s.
The property hosts a strong, widespread gold-in-soil anomaly with 58 samples containing greater than 100 ppb Au, to a maximum of 2,600 ppb (2.6 g/t) Au (see Map 3 – Soil Geochemistry). Prospecting and trenching have proved difficult in the area due to widespread glacial till cover, however the limited prospecting and trenching completed to date have been successful in determining the causes of gold-in-soil anomalies. Numerous high-grade float rock grab samples have been obtained from surficial pits, assaying up to 2.60 oz/ton (89.13 g/t) Au and locally containing visible gold. Limited outcrop sampling to date has returned a 3.0 m chip sample interval grading 3.15 g/t Au, within a 14.0 m interval grading 0.9 g/t Au (see Map 4 – Rock Geochemistry). Gold is associated with fracture-controlled quartz-calcite veins and breccias, hosted by a Jurassic altered diorite. The property has not been drilled to date, nor have any deep-penetrating geophysical programs been completed.
Trailbreaker’s team believes there is strong potential for a bulk-tonnage intrusive-related gold deposit underlying the glacial till, and that an induced polarization (IP) survey will be able to delineate the potential buried auriferous diorite. The team anticipates that the IP results will contribute to identification of high-quality drill targets.
Bernie Kreft purchase agreement:
Although the majority of the 1,610 ha Eakin Creek property was acquired by Trailbreaker’s staking, 2 claims in the core of the property are owned by Mr. Bernie Kreft. Trailbreaker has entered into a property purchase agreement to acquire a 100% interest in the Bernie Kreft claims. This agreement is subject to the approval of the TSX-Venture Exchange and other customary conditions. The terms consist of:
- A cash payment of CAD$13,475 upon signing of the agreement
- A transfer of 60,000 Trailbreaker common shares within 30 days of approval by the TSX.V
For more details and maps on Eakin Creek see the dedicated section on Trailbreaker’s website.
Message from the President
“True to our model as project generators, the Trailbreaker team has been busy throughout the winter putting together high-caliber projects and planning for the 2022 exploration season. Our flagship Atsutla project, with its high-grade gold discoveries and copper porphyry potential, will receive an aggressive exploration program designed to de-risk future drilling once permits are in place.
We are all excited with the addition of the Eakin Creek property. The project has high potential for further mineral discoveries, enhanced by its geological and geochemical settings, and by existing roads and other infrastructure.
Stay tuned for further updates as we have more exciting announcements to make in the coming weeks.”
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.
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.
by Declan Lane | Nov 1, 2021 | News, News 2021
November 1st, 2021 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce the results from the Phase 2 exploration at its 100%-owned Atsutla Gold Project located in northern British Columbia. Assay results indicate widespread high-grade gold values across all previously defined zones as well as the expansion of known gold mineralization at the Highlands zone. Assay results from the Phase 2 program include:
- HIGHLANDS ZONE: Gold values in excess of 100 g/t gold (Au) have been returned from a 750 m x 600 m area with values as high as 222.05 g/t (6.48 oz/ton) Au at the newly discovered visible gold showing and 165.4 g/t (4.82 oz/ton) Au with 1,894 g/t (55.25 oz/ton) silver (Ag) from an area 430 meters to the south.
- NEW – CHRISTMAS CREEK ZONE: High grade mineralization has been discovered 2.0 km east of the Highlands zone. A 30 cm-wide galena-rich quartz vein in bedrock returned assay values up to 102 g/t Au and 524 g/t Ag.
- WILLIE JACK TREND: The source of the 1.2 km-long Willie Jack gold-in-soil trend has been confirmed. A series of metasediment-hosted quartz veins along the boundary of the Christmas Creek batholith have returned assay values up to 9.89 g/t Au from in-situ bedrock and proximal float. The veins have been traced for at least 700 meters.
- SWAN ZONE: High-grade gold has been discovered at the Swan zone; a 900 m x 700 m Au-Ag-arsenic (As)-antimony (Sb)-copper (Cu)-molybdenum (Mo)-lead (Pb) soil anomaly, with soil samples assaying up to 406 ppb Au. Grab samples from bedrock, proximal float, and talus have returned grades up to 11.5 g/t Au in bedrock and 175 g/t Ag in float.
Daithi Mac Gearailt, CEO of Trailbreaker, commented: “We have now proved the existence of widespread, high-grade gold across all explored areas of the Atsutla Gold project. The spatial extent and high-grade nature of mineralization found at surface at the Highlands and Christmas zones has again exceeded our expectations. Confirming the bedrock source of the extensive gold-in-soil anomalies at the Willie Jack and Swan zones has moved this project into the drill planning stage. We are very excited for next season!”
With the addition of recent staking, the Atsutla Gold Project now covers 37,727 hectares and spans 36 kilometers. The project area is located 70 km south of the Yukon-British Columbia border and 130 km northwest of the community of Dease Lake, BC.
The 2021 exploration program involved the collection of 2,100 soil samples and 532 prospecting rock grab samples, as well as geological mapping and an airborne magnetic and radiometric survey. See linked map for zone and sample locations: Map 1 – Atsutla Gold Highlights.
Highlands zone – Visible gold in an extensive vein system
The Highlands zone is located in the northwestern area of the Atsutla Gold Project. Results from Phase 1 include multiple high-grade grab samples, the highest being 630.04 g/t (18.38 oz/ton) Au with 531.75 g/t (15.51 oz/ton) Ag. Also, a new visible gold zone was discovered 550 m west of these samples (see September 13, 2021 news release).
Phase 2 analysis of the visible gold zone yielded values up to 222.1 g/t Au and 55 g/t Ag. More significantly, prospecting in the vicinity of the visible gold showing revealed an extensive gossanous zone hosting one or more 20-50 cm-thick quartz veins. This vein system was traced across a 700 m x400 m area and yielded numerous high-grade gold values from grab samples of bedrock and proximal float (see Map 2 – Highlands zone).
The vein system was also identified at two other locations at opposite ends of the gossan unit:
- An in-situ quartz vein showing, located 165m north of the initial visible gold discovery, returned values as high as 112.4 g/t Au and 75 g/t Ag. This vein was traced along a 20-meter strike length, is 20-40 cm thick, and displays abundant arsenopyrite, pyrite, and galena mineralization
- A zone of in-situ mineralized quartz veining 430 meters south of the visible gold showing returned values up to 165.4 g/t Au with 1,894 g/t Ag and 125.0 g/t Au with 1,630 g/t Ag.
- In total, these high-grade (>100 g/t Au) vein showings occur across a 750 m x 600 m area.
First-pass prospecting to the northeast of the Highlands zone area yielded a sample assaying 9.9 g/t Au, located 2.5 km northeast of the visible gold showing.
Christmas Creek zone – New high-grade gold discoveries in bedrock
The Christmas Creek zone is located across the Christmas Creek valley, ~2 km east of the Highlands zone (see Map 3). To date, very limited exploration has been conducted in this area. Phase 2 prospecting at the Christmas Creek zone discovered a 30 cm-wide galena-rich quartz vein in bedrock which returned values up to 102 g/t Au and 524 g/t Ag. A sample of quartz float material 170 meters northwest from the bedrock samples returned an assay of 50.6 g/t Au and 85 g/t Ag.
Willie Jack trend – Bedrock source of 1.25-kilometer-long Au-As-Ag-Mo-Te soil anomaly confirmed
Phase 2 prospecting has confirmed the source of the extensive gold-in-soil anomaly (termed the Willie Jack trend) reported in the September 13, 2021 news release. The Willie Jack trend occurs along the southwestern margin of the early Jurassic Christmas Creek Batholith, where it lies in contact with older, Permian Kedahda Formation metasediments. The trend is at least 1.25 kilometers long, and falls within a broader anomalous gold trend of 6.5 kilometers. It is characterized by anomalous Au-As-Ag-Mo-tellurium (Te) soil sample values, with soil sample assays up to 3,767 ppb (3.77 g/t) Au. Sampling of quartz float and quartz in metasedimentary bedrock indicate that the anomalous gold-in-soil trend originates from a series of metasediment-hosted, northwest-trending auriferous quartz veins.
Phase 2 prospecting along this trend involved follow-up on the higher-grade soil samples. Multiple quartz veins were uncovered, both as in-situ bedrock, and as proximal float. The highest grade returned from the trend is 9.89 g/t Au, from an in-situ sample of quartz vein material. Rock samples along trend 700 meters to the southeast returned assay values up to 2.01 g/t Au (see Map 4 – Willie Jack trend). Prospecting an additional 4.1 km to the southeast has uncovered additional quartz veining, with assay values up to 1.56 g/t Au. A chip sample across siliceous quartzite in this area yielded 0.35 g/t Au over 6.5m.
Swan zone – New high-grade gold discoveries within an intrusive-hosted 900m x 700m Au-As-Ag-Sb-Cu-Mo-Pb soil anomaly
The Phase 2 program has also led to the discovery of high-grade gold at the Swan zone, located in the eastern area of the Atsutla claim block. Rock sample assays returned grades up to 11.5 g/t Au and 175 g/t Ag.
The Swan zone area was staked to cover a historical molybdenum-copper porphyry prospect that was discovered in the late 1960s and explored periodically since then. Despite collection of more than 500 soil and surface rock samples, and completion of almost 1,000 meters of shallow diamond drilling, no geochemical analysis for gold was ever completed before Trailbreaker staked the area.
The initial Phase 1 program at the Swan zone involved the completion of a soil sampling grid adjacent to the historical drilling on a large gossanous ridge. Assay results from the soil sampling revealed a ~900 m x 700 m Au-As-Ag-Sb-Cu-Mo-Pb soil anomaly, with soil samples assaying up to 406 ppb Au. The core of the soil anomaly is located ~1.2km east of the historical drilling. The anomaly occurs within a leucogranite-porphyry unit of the Upper Cretaceous Glundebery Batholith.
Phase 2 involved one day of follow-up work in this area and uncovered significant arsenopyrite mineralization in bedrock, proximal float, and talus float. Rock samples taken from a mid-slope outcrop returned grades of 11.5 g/t Au with 16.8 g/t Ag, and 8.39 g/t Au with 55.8 g/t Ag (see Map 5 – Swan zone). A sample of proximal float 200 m southeast of this outcrop yielded grades of 7.6 g/t Au with 175 g/t Ag. Numerous other samples assayed >1 g/t Au in a 500 m x 200 m area within the soil anomaly.
Airborne survey
An airborne magnetic and radiometric survey has recently been completed at the Atsutla Gold project. The survey covered the Highlands and Christmas Creek zones, as well as the Willie Jack trend. Trailbreaker is currently reviewing and compiling the data. Maps and data will be presented in an upcoming news release.
Drill Permitting
A permit for diamond drilling at the Atsutla Gold project has been submitted to the British Columbia Ministry of Mines.
Message from the President
“Once again the exploration team has come through and surpassed expectations at the Atsutla project. With a solid geochemical database and new geophysical data on our hands, we are carefully determining the next steps for the project. While properly evaluating these high-grade gold showings is our focus, the majority of the claim block is untouched ground, and one can only imagine what remains to be found at Atsutla.”
ON BEHALF OF THE BOARD
Daithi Mac Gearailt
President and Chief Executive Officer
OTHER
Sample analysis and assaying for all of Trailbreaker’s projects have been conducted by Bureau Veritas Mineral Laboratories Canada in Vancouver, BC, which is an ISO-17025 accredited laboratory. Rock samples were crushed, split and pulverized to a 250 g pulp passing through a 200 mesh screen (prep code PRP70-250). For gold analysis, a 50 g split underwent fire assay with an ICP-ES finish (FA350-Au). Samples assaying >10 ppm Au were re-analyzed with a gravimetric finish (FA550-Au). Samples also underwent 37-element analysis involving aqua regia digestion and ICP-ES/MS analysis (AQ200). Soil samples were sieved to 80 mesh (prep code SS80) and underwent a 37-element analysis involving aqua regia digestion and ICP-ES/MS analysis (AQ201).
Rigorous quality assurance procedures are in place regarding sample collection, chain of custody and data entry. Certified QA/QC standard and blank reference samples are routinely inserted into the sample stream to ensure integrity of the assay process. The reader is cautioned that grab samples are single rock samples typically, but not exclusively, constrained to mineralization. Grab samples are selective in nature and collected to determine the presence or absence of metal values. These do not necessarily provide an accurate representation of the tenor of the targeted zone sampled.
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.
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.
