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TBK.V ·

Trailbreaker Resources Reports ROCK Samples up to 42.1 G/T Au and 1.93% Cu and Expands Geochemical Trend to 3-KM at Castle ROCK Property

Drill Results Exploration Programs

TRAILBREAKER RESOURCES REPORTS ROCK SAMPLES UP TO 42.1 G/T AU AND 1.93% CU AND

EXPANDS GEOCHEMICAL TREND TO 3-KM AT CASTLE ROCK PROPERTY

November 27, 2023 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased

to report geochemical results from the 2023 surficial exploration program at their Castle Rock property

on northern Vancouver Island, British Columbia (BC).

Highlights from the surficial exploration program include:

• Definition of a 3 km gold-in-soil geochemical anomaly along a magnetic lineament, including the

newly defined Kokummi and Watchtower zones;

• Rock samples assaying up to 42.1 g/t gold (Au) and 1.93% Copper ( Cu) at the Flan zone ,

confirming historic results;

• Extension of the Heart zone in outcrop, with rock sample results up to 2.21 g/t Au (175 m north

of the Heart showing) and 2.18 g/t Au (80 m east of it);

• Moss-mat sampling indicates gold mineralization may occur in drainages where no previous

exploration has occurred;

• Interpretation of magnetic lineaments suggests that mineralization is associated with northwest

trending structures splaying off the Kokummi granodioritic stock in the southwest property area.

This indicates much of the unexplored property areas may have elevated mineral potential.

Message from the President

“Our grassroots exploration efforts at Castle Rock have continued to build upon a showing with limited

previous exploration, and are quickly developing this into a compelling project with multiple targets. Castle

Rock is a great testament to our tried -and-true exploration methodology which has proven to add value

to our portfolio of early -stage exploration projects. We are excited to continue to advance Castle Rock,

along with the rest of our portfolio.” – Daithi Mac Gearailt

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.

Figure 1: Soil geochemical anomalies and highlighted rock and moss-mat samples from the 2023 surface sampling program,

overlain on interpretation of the regional airborne magnetic survey. Sampling defines a 3 km gold-in-soil trend which includes

the Heart zone and newly defined Watchtower and Kokummi zones. Rock sampling has confirmed historic values at the Flan

zone and defined an open gold-in-soil anomaly. Additionally, anomalous moss-mat samples in the southeast and eastern

portions of the property have defined new areas of potential mineralization, leading to additional claim staking.

Heart, Watchtower, and Kokummi zones (3 km long soil trend)

Rock and soil geochemical sampling and prospecting successfully defined a three-kilometre gold-in-soil

trend with multiple >30 ppb gold anomalies, centered on the previously known Heart showing. The Heart

showing was discovered in 2012 and consists of a brecciated granodiorite dyke containing 5 to 10% pyrite-

chalcopyrite. Historic chip sampling returned assays of 2.0 g/t Au over 30 metres1.

During the 2023 surface campaign, rock samples collected from an outcrop 175 m north-northwest of the

Heart showing returned assay results up to 2.2 g/t Au. These samples were collected from a strongly

oxidized granite, very similar to the main Heart zone showing. Additionally, gossanous basalt containing

pyrite was sampled in outcrop 80 m east-northeast of the Heart showing, and returned assay results up

to 2.2 g/t Au.

Soil sampling near the Heart showing expanded the continuous gold-in-soil anomaly, defining the Heart

zone to approximately 1,150 m in strike length and up to 300 m in width.

A new multi-sample gold-in-soil anomaly, the Watchtower zone, was identified approximately 325 m to

the southwest of the Heart showing. No previous sampling had been conducted in the area prior to 2023.

The anomaly remains open to the south and west. This may represent an additional mineralization centre

near the Heart zone.

A second newly identified gold-in-soil anomaly, the Kokummi zone, was defined to the south -southeast

of the Heart zone. This anomaly is on strike of the Heart zone and is defined by gold-in-soil values >30 ppb

along multiple soil sampling lines, defining a >600 m strike length.

Flan zone

Historic sampling at the Flan zone returned assays up to 135 g/t Au in boulders 2. Sampling during 2023

was designed to confirm the presence of mineralization and to define a bedrock source. Gossanous float

material sampled at the Flan zone confirmed high -grade gold mineralization, with assays up to 42.1 g/t

Au and 1.93% Cu. As well, basalt-hosted semi-massive pyrite-chalcopyrite-pyrrhotite sampled in outcrop

returned assays up to 3.1 g/t Au. It is believed that this outcrop -hosted mineralization is associated with

the float samples, and that similar mineralization may occur under vegetative and/or till cover . The Flan

zone lies at the intersection of two magnetic lineaments. This structural intersection may be an important

control of gold mineralization.

The Flan zone occurs on the western extent of the soil geochemical grid. However, another gold-in-soil

anomaly was defined from the 2023 sampling approximately 500 m north of the outcrop mineralization

at the Flan zone. The anomaly is defined by >30 ppb gold-in-soil, and remains open to the west and north.

Reconnaissance sampling

To assess potential mineralization outside of the primary area covered by soil sampling, moss -mat

sampling, targeting additional drainages on the property, was employed. Moss-mat sampling is used as a

reconnaissance style sampling method, similar to stream sediment sampling, providing indications of

metal content within a drainage and providing a vector for the location of mineralization.

Two areas returned multiple moss -mat samples with greater than 10 ppb gold. The first area is in the

southeastern portion of the property, near the postulated contact of the Kokummi stock and the

Karmutsen basalts. The second area is within a valley that drains from the eastern flank of Mt. Adam. This

valley, which has not undergone any exploration work, is marked by magnetic lineaments, similar to those

at the Heart -Kokummi soil trend. Additional claims were staked in this area to cover all drainages

potentially causing these elevated moss-mat samples.

Future Work Recommendations

Future work at the Castle Rock property will be focussed toward continuing to define the extent of mineral

potential on the property, as well as advancing individual targets toward initial drill testing. This work will

include permitting to conduct advanced exploration activities, additional surface geochemical work, and

geophysical surveying.

About the Castle Rock property

The Castle Rock property covers 3,108 hectares of land, approximately 70 km northwest of Campbell

River, BC on northern Vancouver Island (Figure 1). It was acquired by Trailbreaker in 2022 and was recently

consolidated through an option agreement with Cazador Resources Ltd. (see August 8, 2023 news

release). Trailbreaker conducted initial exploration assessment work in 2022 and followed up with a

second surface exploration program in 2023 (results are contained in this news release).

The claims cover five BC Minfile occurrences on a district -scale structure that is >5 km -long, with newly

identified gold ± copper -enriched intrusions. These Minfile occurrences are relatively new discoveries,

mostly due to access created by recent logging activity.

Northern Vancouver Island is host to several large Cu -Au porphyry deposits , including Northisle’s

Hushamu deposit (Inferred Resource of 5.57 Moz AuEq)3, and BHP Billiton’s past producing Island Copper

porphyry copper deposit (produced >2.7 B lb Cu and >1.0 Moz Au) 3.

At the Castle Rock property, gold is dominantly hosted in Jurassic granodiorite dykes which have been

emplaced along a regional-scale fault zone separating Lower to Middle Triassic Daonella Bed sedimentary

rocks from Upper Triassic Karmutsen Formation basalts.

About Trailbreaker Resources

Trailbreaker Resources is a project generator focused primarily on mining-friendly British Columbia and

Yukon Territory, Canada. We are committed to continuous exploration and research, allowing us to

maintain a portfolio of quality mineral properties which in turn provides value for our shareholders. The

company has an experienced management team with a proven track record as project generators 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 pro jects, 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].

References

1) https://minfile.gov.bc.ca/Summary.aspx?minfilno=092L%20%20399

2) https://minfile.gov.bc.ca/Summary.aspx?minfilno=092L%20%20396

3) https://cmscontent.nrs.gov.bc.ca/geoscience/PublicationCatalogue/InformationCircular/BCGS_IC2014-04.pdf

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 possible events,

conditions or financial performance that is based on assumptions about future economic condi tions 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 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 assuran ce 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.