TBK.V · 2023-05-15 12:00:00

Trailbreaker Resources Files Ni 43 - 101 Report FOR Atsutla GOLD Project, Northwestern BC

Technical Reports (NI 43-101)

TRAILBREAKER

RESOURCES

FILES NI 43

101 REPORT FOR

ATSUTLA GOLD PROJECT,

NORTHWESTERN BC

May

, 202

–

Trailbreaker

Resources Ltd. (

TBK

.V)

(

“

Trailbreaker

” or “the

Company”

)

is pleased to

announce

the filing of an independent technical report in accordance with National Instrument 43

101

–

Standards of Disclosure for Mineral

rojects

(“NI 43

101”) on its

100%

owned Atsutla Gold project, located

in northwestern Britis

h Columbia (B

C).

The technical report, titled “

NI 43

101 Technical Report, Atsutla Gold Project, NW British Columbia

”, was

prepared by Terrane Geoscience of Fredericton, NB and has an effective date of December 15

, 2022.

The

report is available on SEDAR

(

www.sedar.com

)

under Trailbreaker’s issuer profile.

While no drilling has been conducted on the property, the report details the

surficial exploration

work

Trailbreaker has completed to date. Terrane Geoscience also took

verification samples from numerous

sites which confirmed the general grade and metal assemblage described to date.

The report also includes recommendations for future work, which echo t

recommendations of the

structural report described in Trailbreaker’s

Apr. 3

, 202

3 news release

. Recommended work totals an

expenditure of $3.8 million.

About the Atsutla Gold Project

Trailbreaker’s 100%

owned Atsutla Gold project is located 70 km south of the Yukon

British Columbia

border and 130 km

northwest of the community of Dease Lake, BC. The project covers

40,057 hectares

ground with very limited historic exploration.

The project represents a district

scale discovery in an under

explored area of British Columbia.

To date,

Trailbreaker has identified five gold zones

at Atsutla

he Highlands, Christmas Creek,

Snook,

Willie Jack, and Swan zones

which span a distance of 28 kilometres. The highest grades occur at the

Highlands zone, where grab samples have returned values up t

630 g/t (18.38 oz/ton) gold

and

1,894

g/t (55.25 oz/ton) silver

High

grade, vein

and wallrock

hosted copper mineralization has also been

discovered in the Highlands, Christmas Creek, and Willie Jack zones, with grab sample assays up to

1.7%

copper

For

more information and detailed maps, see the

Atsutla Gold Project section

on Trailbreaker’s

website

TSX

TBK

APRAF.PK

Frankfurt:KCG1

TRAILBREAKER

RESOURCES LTD.

650

Georgia

Street

, #

2110

Vancouver, British Columbia

Canada, V6

Telephone: 604 681 1820

Facsimile: 604 681 1864

https://www.TrailbreakerResources.com

https://twitter.com/TrailbreakerLtd.

Message from the President

“

This is another

milestone in the process of advancing the Atsutla Gold projec

t. As with the structural study,

Terrance Geoscience did a fantastic job

and we are all excited to see the Atsutla Gold project move up the

ladder to a drill

ready stage

We still have some work

to do to de

risk the maiden drill program and fund

a future discovery. The 43

101 report provides a clear blueprint on how to proceed and we are all working

hard to move the project to the next level

.”

ON BEHALF OF THE BOARD

Daithi Mac Gearailt

President and Chief Executive Officer

For

new information

about

the Company’s pro

jects

, please visit

Trailbreaker

’s website at

TrailbreakerResources.com

and sign up to r

eceive 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 o

f 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"

"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 exploration and drilling programs and receipt of r

elated

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 forw

ard

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 th

at 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 a

s 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 unantici

pated events.

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