Trailbreaker Resources Announces Exchange Approval of Coho Property Option
TRAILBREAKER RESOURCES ANNOUNCES EXCHANGE APPROVAL OF COHO PROPERTY OPTION
June 5, 202 5 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to
announce that the TSX Venture stock exchange (the “Exchange”) has approved the option agreement for
Trailbreaker to acquire a 100% interest in the Coho property, central British Columbia (BC).
The 8,000-hectare Coho property covers a copper-gold (Cu-Au) porphyry target located 90 km north of
Fort St. James, BC, and 30 km west of the Mount Milligan mine. Historically named the Chuchi South
property, Trailbreaker renamed the project as the Coho property when the Company announced the
acquisition on May 26, 2025 (see news release).
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 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
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.
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.
Upon completion of a bankable feasibility study, Trailbreaker shall pay to Bilquist $1,500,000.
Commencing on May 20, 2032, Trailbreaker shall pay to Bilquist annually $30,000 as an advance payment
against the royalty, such payments to be credited against the royalty once the property goes into
commercial production.
For more information about the Coho property see the May 26, 2025 news release or the Coho section
on Trailbreaker’s webpage:
• https://www.trailbreakerresources.com/news/trailbreaker-acquires-the-drill-ready-coho-
copper-gold-porphyry-project-in-central-british-columbia/
• https://www.trailbreakerresources.com/coho-property/
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
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 possib le events,
conditions or financial performance that is based on assumptions about future economic conditions 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 factor s 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
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.