Trailbreaker Receives Drill Permit FOR Coho Property, Central BC
TRAILBREAKER RECEIVES DRILL PERMIT FOR COHO PROPERTY, CENTRAL BC
January 19, 2026 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to
announce the receipt of a property-wide exploration permit for its 8,000-hectare Coho property, located
in central British Columbia (BC), Canada. The Coho property is a drill-ready copper-gold (Cu-Au) porphyry
target situated 30 km west of the Mount Milligan mine.
A 5-year Multi-Year Area-Based (MYAB) Mines Act permit has been approved by the BC Ministry of Mining
and Critical Minerals with a provisional expiry date of December 18th, 2030.
Approved Exploration Activities
• Diamond drilling, based from up to 50 drill pads
• Construction/modification of exploration access trails (up to 15 km)
• 20 line-km of ground geophysical surveys
• Construction of a temporary work camp
Community Engagement
The Coho property is located within the territory of the Takla First Nation, with whom Trailbreaker is
committed to continued engagement and to building a working relationship. The Company is current ly
collaborating with the Takla First Nation on the future drill program.
Daithi Mac Gearailt, CEO of Trailbreaker, commented: “We are thrilled to receive this permit in time for
the 2026 exploration season, allowing us to conduct the inaugural drill program at the Coho zone . This is
an exciting opportunity to explore an undrilled Cu-Au porphyry target in a prolific mineral district.”
About the Coho Property (link to presentation)
The 8,000-hectare Coho property (Figure 1) is located 90 km north of the Town of Fort St. James, BC. The
claims were acquired by Trailbreaker through an option agreement signed in May, 2025 where by
Trailbreaker has the option to acquire a 100% interest (see May 26, 2025 news release). The priority target
is the Coho zone, a drill-ready Cu-Au porphyry target with recently completed property-wide geochemical
and geophysical surveys . The zone hosts a recently identified chargeability and resistivity anomaly ,
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associated with high-grade gold and copper values from surface rock grab samples. While there has been
limited historical drilling on the claims, the Coho zone, has never been drilled.
Located within the Quesnel Tectonic Terrane, the Coho property is situated in a district known for prolific
alkalic Cu-Au porphyry deposits and discoveries. The property is 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 1. Pacific Empire Minerals’ (‘PEMC’) Trident property is contiguous with the Coho property’s
western border. On December 15 th, 2025, PEMC reported a drill intercept of 0.77% Cu, 0.51 g/t Au, and
3.4 g/t silver (Ag) over 183.0 m from the ‘A-zone’, located only 3.5 km west of the Coho property2. To the
north lies Pacific Ridge Resources’ Chuchi property, where 2024 drilling returned 382.0 m of 0.19% Cu,
0.12 g/t Au, and 0.47 g/t Ag3 from the BP zone.
Figure 1: Trailbreaker’s Coho property is located 30 km northwest of Centerra Gold’s Mt. Milligan Cu-Au porphyry
deposit, and 3.5 km east of Pacific Empire Minerals’ Trident property, where recent drill results include 183.0 m
of 0.77% Cu, 0.51 g/t Au, and 3.4 g/t Ag.
The Coho zone is defined by a 650 x 550 m Cu -Au-Ag surface rock and soil geochemical anomaly within
diorite, and spatially associated with an ENE-trending fault zone (the Coho fault) and gabbro dykes. Two
additional faults, the Valley and Redline faults, extend south from the BP zone (Chuc hi property) and
converge with the Coho fault at the Coho zone. Historic surface grab samples at the Coho zone returned
values up to 16.15 g/t Au, 16.35% Cu, and 67.3 g/t Ag.
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.
The Coho zone is located 4.5 km south of the BP zone (Chuchi property) and is currently interpreted to be
situated along the same Valley/Redline fault structure that hosts the BP zone. Alkalic porphyry deposits
commonly occur in clusters and Trailbreaker’s team believes the Coho property, in particular the Coho
zone, may represent a Cu -Au porphyry system similar to the surrounding prospects and deposits .
Trailbreaker has interpreted this system to be part of a cluster of deposits found along the margin of the
Hogem batholith.
References
1. Centerra Gold website - https://www.centerragold.com/operations/mount-milligan/default.aspx
2. Pacific Empire Minerals December 15, 2025 news release - https://pemcorp.ca/news-
releases/pacific-empire-intersects-183.0-metres-of-1.23-cueq-starting-at-9.0-metres-including-
71.5-metres-of-1.80-cueq-at-trident-a-zone/
3. Pacific Ridge Exploration November 25, 2024 news release –
https://pacificridgeexploration.com/news-releases/pacific-ridges-inaugural-drill-program-
returns-some-of-the-best-drill-results-ever-recored-at-the-chuchi-copper-gold-project/
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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