TBK.V · 2021-10-04 12:00:00

TRAILBREAKER RESOURCES ’ rock chip sample returns 25.4 g/t gold , 882 g/t silver over 1.5 meters at Skelly property , and extends known gold mineralization by 200 meters October 4

Drill Results Sampling & Geoscience Results

TRAILBREAKER

RESOURCES

’

rock

chip sample

returns

25.4

g/t

gold

, 882

g/t

silver

over

1.5

meters

Skelly

property

and extends known gold

mineralization

by 200 meters

October

202

–

Trailbreaker

Resources Ltd. (

TBK

.V)

(

“

Trailbreaker

” or “the Company”

)

is pleased to

announce

results from

the

2021 exploration

program

at their 100%

owned Skelly property in northern

British Columbia (BC).

A chip sample across a historic showing re

identified by Trailbreaker in 2020 has returned an assay of 25.4

g/t

gold

(Au)

and 882 g/t

silver

(Ag)

over 1.5m.

Further prospecting 200

met

s to the

west of the historic

showings has identified a new gold zone

with outcrop grab samples assay

ing

up to 3.43 g/t Au and 78.3

g/t Ag. Soil sample results indicate the zone

extends

at least

another 250m

farther

west

and remains open

(

see attached map

–

Skelly Property Exploration Highlights

Daithi Mac Gearailt, CEO of Trailbreaker, commented:

“

The chip sample

results

confirm the high

grade

nature of th

e historic

showing

that

the team

identifie

d last year

It is

also

very encouraging that new

mineralization has been found in the area and the soil samples show there is

potential for

more to be

discovered.

”

About Skelly

Covering 2,526 hectares, the Skelly property is located just south of the Yukon

BC border, approximate

100 km south of Whitehorse, Yukon.

The property is contiguous to Bessor Minerals’ 8,178

hectare Golden Eagle property that contains

significant drilled gold prospects comprising high

grade, gold

bearing quartz

sulphide veins. Although

exploration on th

e Skelly property dates back to the 1890s, old shafts provide the only evidence of past

work. Before 2020, no modern exploration has been documented on the majority of the Skelly property.

In the summer of 2020, Trailbreaker conducted a short, 3

day first

pass reconnaissance exploration

program that re

identified historic shafts. Grab samples obtained from quartz veins within these assayed

up to 1.03 oz/ton gold and 14.24 oz/ton silver

(see

October 5

, 2020 news release

for more information).

The auriferous quartz veins were sampled over a 1

meter northwest

trending shear zone, open along

strike and paralleling a contact with granitic rocks.

2021 Exploration

A brief,

two

day

exploration program was conducted at the Skelly property in 2021 to follow

up on 2020

assay results

and

explore a

portion

newly staked ground. The team collected 111 soil samples, 28

prospecting rock grab samples, and one rock chip sample.

TSX

TBK

APRAF.PK

Frankfurt:KCG1

TRAILBREAKER

RESOURCES LTD.

Georgia

Street

, #1500

Vancouver, British Columbia

Canada, V6E 4

Telephone: 604 681 1820

Facsimile: 604 681 1864

https://www.TrailbreakerResources.com

https://twitter.com/TrailbreakerLtd.

The

chip sample

was conducted

across

the previously identified

historic showing

and returned an assay

25.4 g/t Au

and 882 g

/t Ag

over 1.5m.

A grab sample

located

from the chip sample also yielded

high gold and silver grades, assaying 22.4 g/t Au and 1

147 g/t Ag.

Mineralization

related to this

historic

showing

has been traced along

strike

for

0 met

ers to the

northwest

It is interpreted to be related to a

shear zone at the contact between late Cretaceous granite to the southwest

and

old

, late Paleozoic

metamorphic rocks to the northeast.

New

ly identified

mineralization was discovered

200m

west

southwest of

e historic showings

in a deeply

incised creek canyon

which also cuts through the

high

grade shear which hosts the historic showings

Multiple ‘stacked’ quartz

pyrite

arsenopyrite veins were identified

. These veins are typically

shallow

dipping

to flat l

ying

and 20

30cm

in width

ssay

s returned grades

as high as 3.43 g/t Au and 78.3 g/t Ag

with anomalous

molybdenum (

)

copper (

)

lead (

)

arsenic (

)

antimony (

)

bismuth (

)

, and

tellurium

(

)

Soil sample results indicate that the gold

mineralization

discovered in this zone

likely extends westward

along the creek

for a minimum of

250m

and remains open

. A series of four soil samples over 150m assayed

anomalous gold values

ranging from

24.1 ppb Au

65.6 ppb Au.

Prospecting

1.5 km northwe

st of the high

grade gold zone

has also uncovered a

zone of gossanous

shears

metamorphic

rock

close to the granite contact

. One

rock grab

sample of

local

pyriti

float

returned an

assay of 0.2

g/t Au.

A significant portion of the 2,526

hectare

property remains un

explored.

Message from the President

“

two

short days of exploration the

Trailbreaker

team has managed to

both

expand the mineralized zone

and

yield new targets for future exploration. There is a lot of blue sky at the Skelly propert

y and I am excited

to see what we’ll find next.

”

ON BEHALF OF THE BOARD

Daithi Mac Gearailt

President and Chief Executive Officer

OTHER

Sample analysis and assaying for all of

Trailbreaker’

s projects have been conducted by Bureau Veritas

Mineral Laboratories Canada

Vancouver, BC, which is

ISO

9001 accredited laboratory. Rock samples

were

crushed, split and pulverized to

250 g pulp

passing through a

200

mesh

screen

(

prep code

PRP70

250)

For g

old

analysis

a 50 g split

underwent

fir

e assay with an ICP

ES finish (FA350

Au). Samples assaying

>10 ppm Au

were re

analyzed with

a gravimetric finish (FA550

Au). Samples also under

went

element

nalysis

involv

ing

aqua regia

digestion

and

ICP

ES/

analysis (AQ200)

Soil samples

were

sieved to 80

mesh (

prep code

SS80) and under

went

a 37

element

analysis

involving

aqua regia

digestion

and

ICP

ES/

analysis (AQ201)

Rigorous

quality assurance

procedures are in place regarding sample collection, chain of custody and

data

entry. Certified QA/QC standard

and blank reference

samples are

routinely inserted into the sample

stream to ensure integrity of the assay process.

The reader is cautioned that grab samples are

single rock

samples

typically, but not exclusively, const

rained to mineralization. Grab samples are selective in nature

and collected to determine the presence or absence of

metal values. These

do not

necessarily provide an

accurate

representati

of the

tenor of the targeted

zone

sample

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.

For

new information

about

the Company’s pro

jects

, please visit

Trailbreaker

’s website at

TrailbreakerResources.com

and sign up to receive news. For further information

Trailbreaker

’s

tweets at

Twitter.com/Trailbreaker

Ltd

use the

‘C

ontact

’

section of

our

website, or

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 ne

ws 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 Securiti

es 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 conditions and

courses of action; ex

pectations 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 acti

ons, 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 assurance that Forward

Looking

Informa

tion 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,

Trailbr

eaker

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.

Late Cretaceous

Granite

Paleozoic

Metavolcanic Rocks

TRAILBREAKER

Skelly Property

BESSOR MINERALS

Golden Eagle Property

Tutshi Lake

Skelly Lake

Moon Lake

Klondike HWY

Gold-in-soil anomaly

Remains open to the SW

Newly discovered quartz-sulphide veining.

Grab samples up to 3.43 g/t Au & 78.3 g/t Ag.

2020 re-identified historic shafts in quartz-sulphide veins

Grab samples up to 35.5 g/t Au & 488 g/t Ag

Gold-in-soil anomaly

Open to the NW

0 200 400 600 800 1,000

Meters

0 1 2 3 4

Kilometers

2021 Chip Sample

25 g/t Au & 882 g/t Ag over 1.5 meters

Rock Samples (2020-2021)

Au (g/t)

0.01 - 0.10

0.10 - 0.25

0.25 - 1.00

1.00 - 5.00

5.00 - 35.50

Gold-in-Soil (2021)

Value (ppb)

1.12

65.65

Property Outline

Bedrock Contacts

EXPLORATION HIGHLIGHTS

SKELLY PROPERTY

Scale: 1:15,000

Spatial Reference

Name: NAD 1983 UTM Zone 8N

Datum: North American 1983

Projection: Transverse Mercator

Drawn: C.Jones

Date Created: September 24, 2021

← Back to feed