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TBK.V ·

Trailbreaker Receives Approval FOR Eagle Lake Property Acquisition

Mergers & Acquisitions

TRAILBREAKER RECEIVES APPROVAL FOR EAGLE LAKE PROPERTY ACQUISITION

July 19, 2022 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to

announce that acquisition of the Eagle Lake property has now been approved by the TSX Venture

Exchange.

In May, 2022 Trailbreaker announced the acquisition of their 100% -owned Eagle Lake property in south-

central BC, Subject to approval (see May 18th, 2022 news release).

The Eagle Lake property covers 18,990 hec tares of prospective ground directly adjacent to Consolidate d

Woodjam Copper Corp.’s Woodjam copper-gold porphyry project.

In addition to staking, acquisition of the property involved the sale of claims held by Teck Resources

Limited (“Teck”) to Trailbreaker. The sale was subject to the following terms:

• Trailbreaker shall issue 125,000 common shares within 7 business days of receipt of TSX Venture

Exchange approval. Concurrent with the share issuance, Teck will transfer the title of the Property

to Trailbreaker

• Teck shall retain a 1% NSR on the Property.

Daithi Mac Gearailt, CEO of Trailbreaker, commented, “Trailbreaker has managed to put together an

amazing portfolio of 100% owned projects with huge potential. Our projects range from brand-new high-

grade gold discoveries to copper porphyry prospects, many with excellent infrastructure and proximity to

existing mines. All properties are located in mining-friendly British Columbia and the Yukon.”

Qualified Person

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.

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.

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 [email protected].

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 condi tions 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 assuran ce 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.