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Trailbreaker Resources Ltd
Symbol TBK
Shares Issued 53,339,834
Close 2026-08-10 C$ 0.355
Market Cap C$ 18,935,641
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Trailbreaker completes drilling at Atsutla

2026-08-10 16:52 ET - News Release

Mr. Daithi MacGearailt reports

TRAILBREAKER RESOURCES COMPLETES DRILLING AT THE SWAN ZONE, ATSUTLA GOLD PROJECT, BRITISH COLUMBIA

Trailbreaker Resources Ltd. has completed its maiden drill program at the Swan zone within Trailbreaker's 100-per-cent-owned, 300-square-kilometre Atsutla gold project in northwestern British Columbia, Canada.

The Swan zone is a copper-gold-silver porphyry target defined by coincident geochemical and geophysical anomalies. The recently completed diamond drill program was part of a larger drill program that also targeted the Highlands zone, a high-grade vein-hosted gold target. The two zones are 26 kilometres apart and hosted in entirely different geological units. The Highlands zone is hosted in the Jurassic Christmas Creek batholith, and the Swan zone is hosted in the Cretaceous Glundebery batholith.

The completed diamond drill program at the Swan zone consisted of two holes totalling 801 metres. The drilling comprised initial testing along a strike length of 1,000 metres and a vertical extent of 395 metres. For details on the Swan zone drill target, see the July 27, 2026, news release.

The preceding diamond drill program at the Highlands zone consisted of four holes totalling 883.40 metres. The drilling tested a strike length of 500 m and a vertical extent of 412 m. For details on the Highlands zone drill target, see the June 29, 2026, news release.

A total of 1,000 drill core samples (including standard reference material and blank samples placed at regular intervals) were submitted to Bureau Veritas's prep lab in Whitehorse, Yukon territory. Assay results will be released following compilation and data verification.

Message from the president

"This was a well-executed drill program that provided us with an excellent opportunity to finally test two quality targets that we have been developing for the past five years. This was a first-pass, exploratory program, and we achieved our goals while remaining within budget. I would like to thank our drill contractor, Empire Drilling, and the Trailbreaker team for all of their hard work," said Daithi MacGearailt.

More about the Atsutla gold project

The Atsutla gold project is centred over the regional-scale Teslin-Thibert fault system, which marks the contact between the Quesnel and Cache Creek terranes. Gold mineralization is associated with two distinct Mesozoic batholitic intrusions that are the predominant geological units on the property. Since discovery in 2020, Trailbreaker has outlined five significant zones of gold mineralization on the property, across a span of 26 kilometres. These are:

  • Highlands zone -- a 2.0-kilometre-by-1.5-kilometre area in the western Atsutla gold project region, with veins containing coarse visible gold assaying up to 630 grams per tonne gold and 1,894 g/t silver;
  • Christmas Creek zone -- gold-bearing quartz veins 1.5 km east of the Highlands zone, with rock samples assaying up to 102 g/t Au and 524 g/t Ag;
  • Snook zone -- high-grade veins 3.5 km northeast of the Highlands zone, with rock samples assaying up to 53.3 g/t;
  • Willie Jack zone -- 1.25-kilometre-long gold-in-soil anomaly with soil samples assaying up to 3.77 g/t Au and rock samples up to 9.9 g/t Au;
  • Swan zone -- a Cu-Au-Ag porphyry target defined by a 1.5-kilometre-by-1.5-kilometre multielement soil geochemical anomaly (gold-copper-silver-arsenic-molybdenum-antimony-bismuth), with rock grab samples grading 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.

About Trailbreaker Resources Ltd.

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 record as explorers and developers throughout the Yukon territory, 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 B.C. and Yukon exploration projects, and has reviewed and approved the technical information in this release.

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