Trailbreaker Acquires the Drill-Ready Coho Copper-GOLD Porphyry Project IN Central British Columbia
TRAILBREAKER ACQUIRES THE DRILL-READY COHO COPPER-GOLD PORPHYRY PROJECT IN
CENTRAL BRITISH COLUMBIA
May 26 , 202 5 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to
announce the acquisition of the Coho property, a drill-ready copper-gold (Cu-Au) porphyry target located
in central British Columbia (BC), 30 km west of the Mount Milligan mine.
Highlights of the Coho Property
• 8,000 hectares in size.
• Located 90 km north of Fort St. James, BC and 185 km northwest of Prince George, BC
• Excellent road access throughout the property.
• 30 km west of the Mount Milligan Cu -Au porphyry deposit (reserves of 1.2 B lbs Cu, 2.8 Moz
Au1) which has a similar geological setting.
• 3 km south of Pacific Ridge Exploration’s BP zone which hosts a non-NI 43-101 compliant historic
resource of 50 million tonnes grading between 0.21 - 0.40% Cu and 0.21 - 0.44 g/t Au 2.
Significant drill intersections at the BP zone include 0.51% copper equivalent2 (CuEq) over 100 m
and 0.27% CuEq over 382 m.
• Recently completed property -wide geochemical and geophysical surveys , but with only 2,186
meters of historic drilling in 20 widely-spaced holes.
• The priority target, the Coho zone, has never been drilled , but hosts a recently identified
chargeability and resistivity anomaly with high -grade gold and copper values from rock grab
samples at surface.
• Two faults, the Valley and Redline faults, extend south from the BP zone and converge with the
Coho fault at the Coho zone.
• Surface grab samples at the Coho zone returned values up to 16.15 g/t Au, 16.35% Cu, and 67.3
g/t silver (Ag)3.
Daithi Mac Gearailt, CEO of Trailbreaker, commented: “We are extremely please d to add the Coho
property to Trailbreaker’s portfolio of high -quality gold and copper exploration projects. With some
ground-truthing of pad locations, the Coho zone will be drill-ready and represents an excellent prospect
for a large copper -gold porphyry discovery. We would like to thank Mr. Ron Bilquist, a renowned BC
prospector, for presenting us with this rare opportunity to test a well-explored, but un-drilled target.”
TSX-V: TBK
APRAF.PK
Frankfurt: KCG1
TRAILBREAKER RESOURCES LTD.
650 W. Georgia Street, #2110
Vancouver, British Columbia
Canada, V6B 4N9
Telephone: 604 681 1820
Facsimile: 604 681 1864
https://www.TrailbreakerResources.com
https://twitter.com/TrailbreakerLtd.
Location and Access
The 8,000-hectare Coho property is located 90 km north of the Town of Fort St. James, BC (see Figure 1).
The property has excellent road access via Forest Service Roads throughout the claims. The property is
also located 30 km west of Centerra Gold’s Mount Milligan Cu -Au porphyry deposit, a producing mine
with current reserves of 1.2 B lbs Cu and 2.8 Moz Au.
The nearest First Nation communities with overlapping traditional territories in the project area include
Nakazdli Whut’en (Fort. St. James area), Takla First Nation (Takla Landing) and McLeod Lake Indian Band
(McLeod Lake).
Figure 1: Location of the Coho property.
History
Exploration at the Coho property dates back to the 1960s and includes property-wide soil geochemical
surveys, geophysical surveys, and 2,186 meters of diamond drilling in 20 widely spaced holes. Several
kilometer-scale geochemical anomalies have been defined, and narrow , high-grade copper-gold values
were intersected in historic diamond drill holes. Recent exploration efforts have outlined several new
copper-gold porphyry targets that remain to be drill tested. These include the Chent West, Coho West,
Brooks, and Coho zones (see Figure 2).
Trailbreaker’s Coho property is contiguous with the Chuchi Project which is currently being advanced by
a joint venture between Centerra Gold and Pacific Ridge Exploration. The Chuchi Project has undergone a
considerable amount of exploration since its discovery in the 1960s, by companies such as Noranda, BP,
and AuRico, and with over 11,000 meters of diamond drilling completed in 53 drill holes. The majority of
this drilling has focused on the BP zone which represents a 1.5 km x 1.5 km area of copper -gold
mineralization with a historic, non -NI 43-101 compliant resource of 50 million tonnes grading between
0.21 - 0.40% Cu and 0.21 - 0.44 g/t Au2. Significant drill intersections include: 16 m of 1.55% CuEq within
100 meters of 0.51% CuEq (1991 drill campaign), and 382 meters of 0.27% CuEq (2024 drill campaign).
The BP zone sits on the north -south Valley/Redline fault structure that trends south into Trailbreaker’s
Coho property (see Figure 2).
Figure 2: Mineralized zones and faults at the Coho property.
Geology and Mineralization
Trailbreaker’s Coho property covers a similar geological and mineralogical setting to the BP zone (3 km to
the north) and the Mount Milligan Cu-Au porphyry deposit (30 km to the southeast). Situated within the
prolific Quesnel tectonic terrane, the Coho property is underlain by Lower Jurassic volcanic and
sedimentary rocks of the Takla Group intruded by Jurassic monzodiorite and syenite porphyry intrusions
associated with the margin of the Hogem batholith.
The Coho property is an alkalic Cu-Au porphyry target. This type of mineralized system commonly forms
in clusters which have strong potential for significant gold content. Examples of such deposits along the
Quesnel terrane include: Mount Milligan, Mount Polley (measured and indicated resource of 1.25 B lbs
Cu, 1.9 Moz Au 4), Kemess (measured and indicated resource of 1.7 B lbs Cu, 4.4 Moz Au 5), Red Chris
(reserves of 8.1 Moz Au, 4.8 B lbs Cu6), and Amarc's new AuRORA discovery in the JOY district (recent drill
results include 0.98 g/t Au, 0.25% Cu over 271 m7).
The Drill-Ready Coho Zone
The Coho zone is the priority target, defined by a 650 x 550 m Cu-Au-Ag surface rock and soil geochemical
anomaly hosted in diorite and spatially associated with an ENE-trending fault zone ( the Coho fault) and
gabbro dykes. Two additional faults, the Valley and Redline, extend south from the BP zone (Chuchi
Project) and converge with the Coho fault at the Coho zone.
A total of 135 rock grab samples taken at the Coho zone from 2020 to 2022 returned the following values:
• Up to 16.15 g/t Au, with an average of 0.79 g/t Ag (median 0.04 g/t)
• Up to 16.35% Cu, with an average of 1.00% Cu (median 0.31%)
• Up to 67.3 g/t Ag, with an average of 7.7 g/t Ag (median 2.2 g/t)
A recent (2022) airborne ZTEM (Z-axis Tipper electromagnetic) survey followed by a 2023 ground-based
induced polarization (IP) survey identified an interpreted 400 m x 250 m x 200 m deep porphyry intrusive
complex (3D ZTEM anomaly) with a two -limbed IP chargeability high anomaly that spans more than 1.4
km (see Figure 3) . The chargeability limbs may represent phyllic alteration that commonly surrounds a
potassic-altered porphyry core. The eastern limb underlies both the surface geochemical anomaly and 3D
ZTEM intrusive complex identified at the Coho zone and is interpreted to represent an eastward tilted
porphyry copper-gold system similar to the nearby Mount Milligan deposit.
Figure 3: Geophysical targeting at the Coho and Coho West zones.
The Coho zone is located 4.5 km south of the BP deposit and is currently interpreted to be situated along
the same Valley/Redline fault structure that hosts the BP deposit. Alkalic porphyry deposits commonly
occur in clusters and Trailbreaker’s team believ es the Coho property, in particular the Coho zone, may
represent a similar Cu-Au porphyry deposit to the BP deposit, and that this system is part of a cluster of
deposits found along the margin of the Hogem batholith . The high Au grades returned from surface
sampling at the Coho zone also represent the potential of a higher-grade porphyry gold system, similar to
the Mount Milligan deposit (average mine grade of 0.39 g/t Au 8). The Coho zone has never been drilled
and remains the top priority drill target.
Terms of the Option Agreement
On May 15 th, 2025, Trailbreaker signed an option agreement (the “Agreement”) with Ron Bilquist
(“Bilquist”) of Gabriola, BC. Subject to the approval of the TSX Venture Exchange, Trailbreaker has the
option to acquire a 100% interest in the Coho property if the following terms are met:
(a) pay to Bilquist an aggregate $380,000 as follows:
(i) $20,000 on execution of this Agreement;
(ii) an additional $25,000 on or before May 20, 2026;
(iii) an additional $35,000 on or before May 20, 2027;
(iv) an additional $50,000 on or before May 20, 2028;
(v) an additional $50,000 on or before May 20, 2029;
(vi) an additional $200,000 on or before May 20, 2030; and
(b) issue and deliver to Bilquist an aggregate 700,000 Trailbreaker common shares (“Shares”) as follows:
(i) 50,000 Shares within 10 days of the date of Regulatory Approval;
(ii) an additional 100,000 Shares on or before May 20, 2026;
(iii) an additional 150,000 Shares on or before May 20, 2027;
(iv) an additional 200,000 Shares on or before May 20, 2028;
(v) an additional 200,000 Shares on or before May 20, 2029; and
(c) complete Expenditures on the Property of $200,000 as follows:
(i) $200,000 of Expenditures on or before May 20, 2027; and
(ii) Expenditures (including the Expenditures referred to in (i) above) of $1 million or
1,500 metres of diamond drilling within 3 years of receiving a drill permit
Upon completion of the Agreement, Trailbreaker will obtain a 100% interest in the property and Bilquist
will retain a total 2.0% Net Smelter Return (NSR) royalty, which may be brought down to 0.5% through a
cash payment of $1,500,000 to Bilquist.
References
1. Centerra Gold website - https://www.centerragold.com/operations/mount-milligan/default.aspx
2. Pacific Ridge Exploration April 30, 2024 news release – https://pacificridgeexploration.com/news-
releases/pacific-ridge-identifies-six-kilometre-long-copper-gold-porphyry-trend-at-chuchi-
copper-gold-project/
CuEq calculation in news release is:
((Cu%) x $Cu x 22.0462) + (Au(g/t) x AuR/CuR x $Au x 0.032151) / ($Cu x 22.0462)
3. Jago, C.P. and Carlson, G.G. 2024. Geophysical Report on the Chuchi South Project. For Pacific
Ridge Exploration, Vancouver, BC.
https://apps.nrs.gov.bc.ca/pub/aris/Report/42027.pdf/
4. Imperial Metals’ Mount Polley 2016 Technical Report
https://imperialmetals.com/assets/docs/mp-technical-report-may-20-2016.pdf
5. Centerra Gold Kemess 2024 year-end resources
https://s205.q4cdn.com/276554285/files/doc_downloads/2024_MRMR_Tables_and_Footnotes
_Including_Updated_05_06_25_Kemess.pdf
6. Imperial Metals’ 2021 Red Chris Technical Report
https://imperialmetals.com/assets/docs/2021-06-30-RedChris-43-101.pdf
7. Amarc Resources January 17, 2025 news release - https://amarcresources.com/news-
releases/amarc-announces-new-high-grade-aurora-copper-gold-silver-deposit-discovery-in-
collaboration-with-freeport-at-the-joy-district/
8. BC Minfile for Mount Milligan - https://minfile.gov.bc.ca/Summary.aspx?minfilno=093N++194
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
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