Trailbreaker Resources Recieves Exploration Permit FOR Swan Target at Atsutla GOLD Project
TRAILBREAKER RESOURCES RECIEVES EXPLORATION PERMIT FOR SWAN TARGET AT ATSUTLA
GOLD PROJECT
May 06 , 202 4 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to
announce it has received a multi-year area-based exploration permit for the Swan target at the Atsutla
Gold Project in northern British Columbia (BC) . The permit will allow Trailbreaker to conduct advanced
exploration at the Swan target, including geophysical surveying and future diamond drilling, in order to
better define the mineralization system.
Trailbreaker is currently planning its 2024 exploration activities for Swan , including an induced
polarization (IP) survey covering a strong multi element geochemical anomaly coincident with argillic
alteration. The survey is designed to identify any chargeability and resistivity features potentially
associated with mineralized alteration zones. As porphyry deposit s often form in clusters , additional
surface exploration will be conducted concurrently with the IP program to continue exploring for new
mineralized targets at the Atsutla Gold Project.
Message from the President
“Receiving our exploration permit for Swan is a big step toward advancing the Atsutla Gold Project. We
now have the capability to be more aggressive with our exploration efforts in order to advance the Swan
target.” – Daithi Mac Gearailt
Swan Target Description
The Swan target is located in the eastern Atsutla Gold Property area, in northern BC. Swan is a potential
gold-silver-copper (Au-Ag-Cu) porphyry system, defined by a 900 m by 700 m Au -Ag-Cu-arsenic (As) –
antimony (Sb) – molybdenum (Mo) – lead (Pb) soil geochemical anomaly along a gossanous ridge. The
host setting is a leucogranite porphyry intrusion with argillic and phyllic alteration assemblages . Bedrock
sampling by Trailbreaker in the centre of the soil anomaly has returned values up to 11.5 g/t Au and
16.8 g/t Ag.
Historic IP surveying around the Swan target took place in the valley west of the soil anomaly. This work
focused on a molybdenum anomaly associated with a semi -circular chargeability high. This chargeability
feature partially wraps around the soil anomaly, but the survey dimensions do not cover the entire
anomaly. Additionally, IP surveying will be valuable in identifying potential chargeability highs, which may
indicate high sulphide content and associated alteration zonation. As well, resistivity characteristics may
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help vector toward felsic intrusive centers and high -density quartz veining which would indicate the
potassic core of a porphyry system.
Figure 1: Highlights of the Swan target include the strong Au geochemical anomaly, phyllic and argillic
alteration zones, and the partial chargeability high ring feature defined from a historic IP survey.
About the Atsutla Gold Project
The Atsutla Gold project covers over 40,000 hectares of underexplored and prospective ground in
northwestern BC. The project covers a portion of the Atsutla mountain range 70 km south of the BC-Yukon
border. Placer gold was recorded in the area during the early 1900s, with very little subsequent mineral
exploration.
The project is centered over the crustal-scale Teslin-Thibert fault system that marks the division between
the Quesnel and Cache Creek terranes. Gold mineralization is associated with Mesozoic intrusive
batholiths that are the predominant geological unit o n the property. Trailbreaker has discovered five
significant zones of gold mineralization across the property. These are:
• Swan Zone – discussed above – Au-Cu-Ag porphyry target defined by a 900 m by 700 m multi -
element soil geochemical anomaly with rock samples grading up to 11.5 g/t Au and 16.8 g/t Ag.
• Highlands Zone – A 750 m by 600 m area in the western Atsutla Gold property region, with veins
containing coarse visible gold and assaying up to 630 g/t Au and 1,894 g/t Ag.
• Christmas Creek Zone – Gold-bearing quartz veins 2 km east of the Highlands Zone , with rock
samples assaying up to 102 g/t Au and 524 g/t Ag.
• Snook Zone – High-grade veins 3.5 km northeast of the Highlands Zone with rock samples
assaying up to 53.3 g/t.
• Willie Jack Zone – 1.25 km long gold-in-soil anomaly with soil samples assaying up to 3.77 g/t Au
and rock samples up to 9.9 g/t Au.
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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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
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courses of action; expectations regarding future exploration and drilling programs and receipt of related
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