17:46:34 EDT Mon 25 May 2026
Enter Symbol
or Name
USA
CA



Trailbreaker Resources Ltd
Symbol TBK
Shares Issued 53,164,834
Close 2026-05-22 C$ 0.36
Market Cap C$ 19,139,340
Recent Sedar+ Documents

Trailbreaker Resources prepares for drilling at Atsutla

2026-05-25 16:11 ET - News Release

Mr. Daithi Mac Gearailt reports

TRAILBREAKER RESOURCES PREPARES TO DRILL THREE TARGETS AND PROVIDES CORPORATE UPDATE

Trailbreaker Resources Ltd. has provided an update on its activities as it enters the 2026 exploration season. The company's primary objective is to undertake inaugural drilling on two distinct targets at its 300-square-kilometre Atsutla gold project in northwestern British Columbia. These include the Highlands high-grade gold vein target and the Swan copper-gold-silver porphyry target.

Following completion of drilling at Atsutla, the company plans to commence drilling at its Coho copper-gold porphyry target in central British Columbia. All three targets have not been previously drilled and have benefited from extensive geological work, advancing them to drill-ready status.

Daithi Mac Gearailt, chief executive officer of Trailbreaker, commented: "Two thousand twenty-six is shaping up to be a landmark year for Trailbreaker. After careful planning, we are excited to commence inaugural drilling on two priority targets at our flagship Atsutla gold project. These targets are effectively projects in their own right. The Highlands zone is a high-grade gold target with kilometric-scale mineralization while the Swan zone represents a largely untested Cu-Au-Ag porphyry system with significant discovery potential.

"Later in the summer, we plan to advance to drilling at our road-accessible Coho Cu-Au porphyry target, located 30 kilometres west of the Mount Milligan mine. Each of these three targets has the potential to be a major catalyst for the company.

"With the recent completion of our $3.5-million flow-through financing -- upsized due to strong demand -- we are well funded and fully permitted across our key assets. We have also strengthened our technical team with the addition of Charlie Greig as technical adviser, who brings a proven discovery track record, including his involvement in the Saddle North deposit of Northern B.C., ultimately acquired by Newmont.

"We anticipate consistent news flow as we enter an active phase of drilling and continued surface exploration across our highly prospective project portfolio."

Atsutla gold project

Trailbreaker's 100-per-cent-owned Atsutla gold project is located 70 kilometres south of the Yukon-British Columbia border and 120 kilometres northwest of the village of Dease Lake, B.C. The project covers over 30,000 hectares of ground with very limited historic exploration. Trailbreaker is planning the inaugural drill program to target two distinct styles of mineralization, separated by a distance of 26 kilometres.

The first target is the high-grade gold showings at the Highlands zone. The Highlands zone covers a 2.0-kilometre-by-1.5-kilometre area in the western Atsutla gold project region, with quartz veins containing coarse visible gold assaying up to 630 grams per tonne gold and 1,894 grams per tonne silver. Mineralization at the Highlands zone is related to a much larger system (Atsutla West), which includes the Christmas Creek and Snook zones. Combined, this area covers 5.0 kilometres by 4.3 kilometres, located within the Jurassic-aged Christmas Creek batholith. Trailbreaker's team interprets the gold mineralization to be orogenic in nature, with multiple gold-plus-or-minus-silver-plus-or-minus-copper-bearing shear zones related to larger faults occurring in the area. No drilling has ever been conducted in the Atsutla West area.

The Swan zone, located 26 kilometres east of the Highlands zone, is a Cu-Au-Ag porphyry target in the younger, Cretaceous-aged Glundebery batholith. Trailbreaker has performed significant geochemical and geophysical surveys to define the drill targets, which occur within a 1.5-kilometre-by-1.5-kilometre multielement (gold/copper/silver/arsenic/molybdenum/antimony/bismuth) soil geochemical anomaly. Rock grab samples from the zone grade up to 11.7 g/t Au, 212 g/t Ag and 0.81 per cent Cu. The geochemical anomaly is coincident with a 2.1-kilometre-by-1.4-kilometre doughnut-shaped chargeability high (defined by a 2024 induced polarization survey) as well as a zone of elevated potassium marked by a magnetic-low signature indicated from a 2024 airborne magnetic and radiometric survey. While limited historic drilling has been conducted in the valley adjacent to the Swan zone, the Swan zone itself has never been drilled.

Both zones are fully permitted for the planned work. A diamond drill program of 1,500 to 2,500 metres is expected to commence in late June, 2026. Empire Drilling of Smithers, B.C., has been contracted to perform the drilling.

Coho property

Trailbreaker is currently planning the inaugural drill program at its 8,000-hectare Coho property, located 90 kilometres north of the town of Fort St. James, B.C., and 30 kilometres west of the Mount Milligan Cu-Au porphyry deposit. The priority target is the Coho zone, a Cu-Au porphyry target with recently completed property-wide geochemical and geophysical surveys. The zone hosts a recently identified coincident chargeability and resistivity anomaly, associated with high-grade gold and copper values from surface rock grab samples. While there has been limited historical drilling within the Coho property, the actual Coho zone has never been drilled.

A diamond drill program of 1,500 to 2,500 metres will commence on the Coho zone in September, 2026. All necessary permits have been acquired (see Jan. 19, 2026, news release) and Dorado Drilling of Smithers, B.C., has been contracted to perform the drilling.

Trailbreaker is also planning to conduct a surface exploration program in the western area of the Coho property. This program will follow up on results released by Pacific Empire Minerals in December, 2025, on the Trident property, which is contiguous with Coho's western border. Drilling at the Trident property returned results including 183.0 metres of 0.77 per cent Cu, 0.51 g/t Au and 3.4 g/t Ag. The proposed surface exploration program will consist of prospecting, geological mapping and a grid soil geochemical survey. The team will also ground-truth drill hole locations at the Coho zone in preparation for the coming drill program.

About Trailbreaker Resources Ltd.

Trailbreaker Resources is a mining exploration company focused primarily on mining-friendly British Columbia and Yukon, 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 record as explorers and developers throughout Yukon, British Columbia, Alaska and Nevada.

Carl Schulze, PGeo, consulting geologist with Aurora Geosciences Ltd., is a qualified person as defined by National Instrument 43-101 for Trailbreaker's British Columbia and Yukon exploration projects and has reviewed and approved the technical information in this release.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.