Trailbreaker Resources Expands Multiple High Grade GOLD Zones at Atsutla with Phase 2 Sampling and Submits Drilling Permit Application FOR 2022
TRAILBREAKER RESOURCES EXPANDS MULTIPLE HIGH GRADE GOLD ZONES AT ATSUTLA WITH
PHASE 2 SAMPLING AND SUBMITS DRILLING PERMIT APPLICATION FOR 2022
November 1st, 2021 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased
to announce the results from the Phase 2 exploration at its 100% -owned Atsutla Gold Project located in
northern British Columbia. Assay results indicate widespread high-grade gold values across all previously
defined zones as well as the expansion of known gold mineralization at the Highlands zone. Assay results
from the Phase 2 program include:
• HIGHLANDS ZONE: Gold values in excess of 100 g/t gold (Au) have been returned from a 750 m
x 600 m area with values as high as 222.05 g/t (6.48 oz/ton) Au at the newly discovered visible
gold showing and 165.4 g/t (4.82 oz/ton) Au with 1,894 g/t (55.25 oz/ton) silver (Ag) from an
area 430 meters to the south.
• NEW – CHRISTMAS CREEK ZONE: High grade mineralization has been discovered 2.0 km east of
the Highlands zone. A 30 cm-wide galena-rich quartz vein in bedrock returned assay values up to
102 g/t Au and 524 g/t Ag.
• WILLIE JACK TREND: The source of the 1.2 km -long Willie Jack gold -in-soil trend has been
confirmed. A series of metasediment -hosted quartz veins along the boundary of the Christmas
Creek batholith have returned assay values up to 9.89 g/t Au from in-situ bedrock and proximal
float. The veins have been traced for at least 700 meters.
• SWAN ZONE: High-grade gold has been discovered at the Swan zone; a 900 m x 700 m Au-Ag-
arsenic (As) -antimony ( Sb)-copper ( Cu)-molybdenum ( Mo)-lead ( Pb) soil anomaly, with soil
samples assaying up to 406 ppb Au. Grab samples from bedrock, proximal float, and talus have
returned grades up to 11.5 g/t Au in bedrock and 175 g/t Ag in float.
Daithi Mac Gearailt, CEO of Trailbreaker, commented: “We have now proved the existence of widespread,
high-grade gold across all explored areas of the Atsutla Gold project. The spatial extent and high-grade
nature of mineralization found at surface at the Highlands and Christmas zones has again exceeded our
expectations. Confirming the bedrock source of the extensive gold-in-soil anomalies at the Willie Jack and
Swan zones has moved this project into the drill planning stage. We are very excited for next season!”
With the addition of recent staking, t he Atsutla Gold Project now covers 37,727 hectares and spans 36
kilometers. The project area is located 70 km south of the Yukon -British Columbia border and 130 km
northwest of the community of Dease Lake, BC.
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TRAILBREAKER RESOURCES LTD.
1040 W. Georgia Street, #1500
Vancouver, British Columbia
Canada, V6E 4H1
Telephone: 604 681 1820
Facsimile: 604 681 1864
https://www.TrailbreakerResources.com
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The 2021 exploration program involved the collection of 2,100 soil samples and 532 prospecting rock grab
samples, as well as geological mapping and an airborne magnetic and radiometric survey. See linked map
for zone and sample locations: Map 1 – Atsutla Gold Highlights.
Highlands zone – Visible gold in an extensive vein system
The Highlands zone is located in the northwestern area of the Atsutla Gold Project. Results from Phase 1
include multiple high-grade grab samples, the highest being 630.04 g/t (18.38 oz/ton) Au with 531.75 g/t
(15.51 oz/ton) Ag . Also, a new visible gold zone was discovered 550 m west of these samples (see
September 13, 2021 news release).
Phase 2 analysis of the visible gold zone yielded values up to 222.1 g/t Au and 55 g/t Ag. More significantly,
prospecting in the vicinity of the visible gold showing revealed an extensive gossanous zone hosting one
or more 20-50 cm-thick quartz veins. This vein system was traced across a 700 m x400 m area and yielded
numerous high-grade gold values from grab samples of bedrock and proximal float (see Map 2 – Highlands
zone).
The vein system was also identified at two other locations at opposite ends of the gossan unit:
• An in-situ quartz vein showing, located 165m north of the initial visible gold discovery, returned
values as high as 112.4 g/t Au and 75 g/t Ag. This vein was traced along a 20-meter strike length,
is 20-40 cm thick, and displays abundant arsenopyrite, pyrite, and galena mineralization
• A zone of in-situ mineralized quartz veining 430 meters south of the visible gold showing returned
values up to 165.4 g/t Au with 1,894 g/t Ag and 125.0 g/t Au with 1,630 g/t Ag.
• In total, these high-grade (>100 g/t Au) vein showings occur across a 750 m x 600 m area.
First-pass prospecting to the northeast of the Highlands zone area yielded a sample assaying 9.9 g/t Au,
located 2.5 km northeast of the visible gold showing.
Christmas Creek zone – New high-grade gold discoveries in bedrock
The Christmas Creek zone is located across the Christmas Creek valley , ~2 km east of the Highlands zone
(see Map 3). To date, very limited exploration has been conducted in this area. Phase 2 prospecting at the
Christmas Creek zone discovered a 30 cm-wide galena-rich quartz vein in bedrock which returned values
up to 102 g/t Au and 524 g/t Ag. A sample of quartz float material 170 meters northwest from the bedrock
samples returned an assay of 50.6 g/t Au and 85 g/t Ag.
Willie Jack trend – Bedrock source of 1.25-kilometer-long Au-As-Ag-Mo-Te soil anomaly confirmed
Phase 2 prospecting has confirmed the source of the extensive gold -in-soil anomaly (termed the Willie
Jack trend) reported in the September 13, 2021 news release . The Willie Jack trend occurs along the
southwestern margin of the early Jurassic Christmas Creek Batholith, where it lies in contact with older,
Permian Kedahda Formation metasediments. The trend is at least 1.25 kilometers long, and falls within a
broader anomalous gold trend of 6.5 kilometers. It is characterized by anomalous Au-As-Ag-Mo-tellurium
(Te) soil sample values, with soil sample assays up to 3,767 ppb (3.77 g/t) Au. Sampling of quartz float and
quartz in metasedimentary bedrock indicate that the anomalous gold-in-soil trend originates from a series
of metasediment-hosted, northwest-trending auriferous quartz veins.
Phase 2 prospecting along this trend involved follow-up on the higher-grade soil samples. Multiple quartz
veins were uncovered, both as in-situ bedrock, and as proximal float. The highest grade returned from the
trend is 9.89 g/t Au, from an in-situ sample of quartz vein material. Rock samples along trend 700 meters
to the southeast returned assay values up to 2.01 g/t Au (see Map 4 – Willie Jack trend). Prospecting an
additional 4.1 km to the southeast has uncovered additional quartz veining, with assay values up to 1.56
g/t Au. A chip sample across siliceous quartzite in this area yielded 0.35 g/t Au over 6.5m.
Swan zone – New high-grade gold discoveries within an intrusive-hosted 900m x 700m Au-As-Ag-Sb-Cu-
Mo-Pb soil anomaly
The Phase 2 program has also led to the discovery of high-grade gold at the Swan zone, located in the
eastern area of the Atsutla claim block. Rock sample assays returned grades up to 11.5 g/t Au and 175 g/t
Ag.
The Swan zone area was staked to cover a historical molybdenum-copper porphyry prospect that was
discovered in the late 1960s and explored periodically since then. Despite collection of more than 500 soil
and surface rock samples , and completion of almost 1,000 meters of shallow diamond drilling, no
geochemical analysis for gold was ever completed before Trailbreaker staked the area.
The initial Phase 1 program at the Swan zone involved the completion of a soil sampling grid adjacent to
the historical drilling on a large gossanous ridge. Assay results from the soil sampling revealed a ~900 m x
700 m Au-As-Ag-Sb-Cu-Mo-Pb soil anomaly, with soil samples assaying up to 406 ppb Au. The core of the
soil anomaly is located ~1.2km east of the historical drilling. The anomaly occurs within a leucogranite -
porphyry unit of the Upper Cretaceous Glundebery Batholith.
Phase 2 involved one day of follow -up work in this area and uncovered sign ificant arsenopyrite
mineralization in bedrock, proximal float, and talus float . Rock samples taken from a mid -slope outcrop
returned grades of 11.5 g/t Au with 16.8 g/t Ag, and 8.39 g/t Au with 55.8 g/t Ag (see Map 5 – Swan
zone). A sample of proximal float 200 m southeast of this outcrop yielded grades of 7.6 g/t Au with 175
g/t Ag. Numerous other samples assayed >1 g/t Au in a 500 m x 200 m area within the soil anomaly.
Airborne survey
An airborne magnetic and radiometric survey has recently been completed at the Atsutla Gold project.
The survey covered the Highlands and Christmas Creek zones, as well as the Willie Jack trend. Trailbreaker
is currently reviewing and compiling the data. Maps and data will be presented in an upcoming news
release.
Drill Permitting
A permit for diamond drilling at the Atsutla Gold project has been submitted to the British Columbia
Ministry of Mines.
Message from the President
“Once again the exploration team has come through and surpassed expectations at the Atsutla project.
With a solid geochemical database and new geophysical data on our hands, we are carefully determining
the next steps for the project. While properly evaluating these high -grade gold showings is our focus, the
majority of the claim block is untouched ground , and one can only imagine what remains to be found at
Atsutla.”
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 in Vancouver, BC, which is an ISO-17025 accredited laboratory. Rock samples
were crushed, split and pulverized to a 250 g pulp passing through a 200 mesh screen (prep code PRP70-
250). For gold analysis, a 50 g split underwent fire assay with an ICP-ES finish (FA350-Au). Samples assaying
>10 ppm Au were re-analyzed with a gravimetric finish (FA550-Au). Samples also underwent 37-element
analysis involving aqua regia digestion and ICP-ES/MS 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/MS analysis (AQ201).
Rigorous quality assurance procedures are in place regarding sample collection, chain of custody and data
entry. Certified QA/QC standard and blank ref erence 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, constrained 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 representation of the tenor of the targeted zone sampled.
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
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1820 or at [email protected].
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Forward-Looking Statements
Statements contained in this news release that are not histo rical 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 conditions and
courses of action; expectations regarding future e xploration and drilling programs and receipt of related
permitting. In certain cases, Forward -Looking Information can be identified by the use of words and
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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 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
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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.