Trailbreaker Sources Ltd. (TBK.V) (“Trailbreaker” or “the Firm”) is happy to announce the acquisition of the Fort Rock property on northern Vancouver Island, British Columbia (BC).

The property was acquired by declare staking, then expanded by a partnership with Cazador Sources Ltd. (“Cazador”) in January, 2023. Collectively, the businesses personal 100% of the property with no underlying funds or royalties.

In September, 2022, Trailbreaker accomplished a first-pass prospecting program on the Fort Rock claims. This system was designed to observe up on historic values and included channel sampling, prospecting, and soil sampling. A presentation PDF of the property highlights may be discovered right here.

Highlights of the Fort Rock property

• Covers 3,108 hectares of land on northern Vancouver Island, roughly 70 km northwest of Campbell River, BC (see Determine 1 – Location)
• Claims cowl 5 Minfile occurrences, >5 km-long district-scale construction, and newly recognized gold +/- copper-enriched intrusions
• Comparatively new discovery, in an space that hosts copper-gold (Cu-Au) porphyry, volcanogenic large sulphide (VMS), and gold skarn deposits
• Northern Vancouver Island is host to a number of massive Cu-Au porphyry deposits together with Northisle’s Hushamu deposit (Inferred Useful resource of 5.57 Moz AuEq), and BHP Billiton’s previous producing Island Copper deposit (produced >2.7 B lb Cu and >1.0 Moz Au)
• Vancouver Island is host to the Myra Falls VMS deposit (>1.5 Moz Au previous manufacturing) and the Merry Widow gold skarn deposit (>200 Koz Au previous manufacturing)
• Newly accessible through latest logging exercise
• Historic chip pattern returned assays of two.0 g/t Au over 30 metres (supply: Coronary heart Minfile, 2012)
• Historic seize sampling from boulders returned assays as much as 135 g/t Au, 1.5 km west of Coronary heart displaying (supply: Flan Minfile, 2007)
• Gold is hosted in Jurassic granodiorite dykes which have been emplaced alongside a regional-scale fault zone separating Decrease to Center Triassic Daonella Mattress sediments from Higher Triassic Karmutsen Formation basalts

Daithi Mac Gearailt, CEO of Trailbreaker, commented, “The Fort Rock property is Trailbreaker’s latest addition to our portfolio of high-quality valuable metallic and copper belongings. That is an ignored and underexplored space of Vancouver Island that has not too long ago been made extra accessible. With a brief geochemical sampling and reconnaissance program, the workforce was in a position to delineate a big, gold-bearing dyke system over no less than 400 metres, coinciding with a district-scale fault. This method has robust potential for enlargement.”

Determine 1: Location of the Fort Rock property on Vancouver Island (Gold manufacturing and useful resource values obtained from Ministry of Power and Mines, BCGS Data Round 2014-04).

Partnership with Cazador Sources

In January, 2023, Trailbreaker signed a partnership settlement with Cazador Sources Ltd. This partnership will improve the effectiveness of future exploration within the Schoen Creek space, together with the Fort Rock property. The main points of the settlement are as follows:

• Every social gathering owns 50% of the property;
• All agreed-upon bills incurred and potential proceeds can be break up between the events;
• All data can be shared between the events to boost improvement of the property;
• The settlement is perpetual until terminated by mutual consent of each events.

Trailbreaker Sources’ 2022 exploration program

In September, 2022, Trailbreaker accomplished a first-pass, 3-day analysis program on the Fort Rock claims.

This system included an in depth soil pattern survey consisting of 116 samples, in addition to 32 metres of channel sampling designed to verify the historic grades and thickness. This system efficiently confirmed historic gold grades, with 2022 values as much as 0.680 g/t Au over 13.11m, together with a subinterval of 1.85 g/t Au over 2.92m.

The soil pattern survey outlined a 50m x 400m, northwest-southeast trending gold-in-soil anomaly interpreted to characterize the floor footprint of the gold-bearing dyke uncovered on the Coronary heart displaying. The soil values reached a most of 5.44 g/t Au, and the anomaly stays open (see Determine 2 – Floor Geochemistry).

Future Exploration at Fort Rock

No previous systematic geochemical or geophysical work has been finished on the property. Trailbreaker plans to execute a property-wide geochemical soil survey to additional broaden the Coronary heart zone and determine different mineralized intrusive dykes. Historic silt sampling has outlined further targets on the property, with samples returning as much as 860 ppb Au which have undergone no follow-up exploration so far. Moreover, a second historic gold displaying (Flan displaying) found in 2000, roughly 1.5 km west of the Coronary heart displaying, consists of quite a few high-grade boulders assaying as much as 135 g/ Au. These boulders are believed to be sourced from the Coronary heart displaying which is situated upstream. This means potential for the Coronary heart zone to host a lot higher-grade gold mineralization than that recognized so far.

Trailbreaker’s workforce believes the Fort Rock mission represents an thrilling discovery that has been ignored previously, and, given its affiliation with massive district-scale buildings and open-ended anomalies, has potential to be quickly expanded into a big gold prospect.

Determine 2: Floor geochemistry of the Fort Rock property. Trailbreaker’s 2022 exploration outcomes on the Coronary heart zone are proven on the highest two maps.

For extra details about the Fort Rock property, see the devoted part on Trailbreakers web site at www.trailbreakerresources.com/castle-rock/.

Message from the President

“The Fort Rock property represents Trailbreaker’s continued focus as a mission generator. We’re very excited to sink our enamel into exploring a brand new gold district. The finished program has proven this to be a big mineralized system, with loads of alternative for brand new discoveries. The workforce, together with myself, together with the workforce at Cazador Sources, can be diligently planning the following steps for this mission.”

ON BEHALF OF THE BOARD

Daithi Mac Gearailt
President and Chief Government Officer

Carl Schulze, P. Geo., Consulting Geologist with Aurora Geosciences Ltd, is a certified particular person as outlined by Nationwide Instrument 43-101 for Trailbreaker’s BC and Yukon exploration initiatives, and has reviewed and authorized the technical data on this launch.

For brand spanking new details about the Firm’s initiatives, please go to Trailbreaker’s web site at TrailbreakerResources.com and signal as much as obtain information. For additional data, observe Trailbreaker’s tweets at Twitter.com/TrailbreakerLtd, use the ‘Contact’ part of our web site, or contact us at (604) 681-1820 or at information@trailbreakerresources.com.

Neither the TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this launch.

Ahead-Wanting Statements

Statements contained on this information launch that aren’t historic information are “forward-looking data” or “forward-looking statements” (collectively, “Ahead-Wanting Data”) inside the that means of relevant Canadian securities laws and america Personal Securities Litigation Reform Act of 1995. Ahead-Wanting Data contains, however just isn’t restricted to, disclosure relating to doable occasions, situations or monetary efficiency that’s based mostly on assumptions about future financial situations and programs of motion; expectations relating to future exploration and drilling applications and receipt of associated allowing. In sure instances, Ahead-Wanting Data may be recognized by way of phrases and phrases comparable to “anticipates”, “expects”, “understanding”, “has agreed to” or variations of such phrases and phrases or statements that sure actions, occasions or outcomes “would”, “happen” or “be achieved”. Though Trailbreaker has tried to determine vital components that might have an effect on Trailbreaker and will trigger precise actions, occasions or outcomes to vary materially from these described in Ahead-Wanting Data, there could also be different components that trigger actions, occasions or outcomes to not be as anticipated, estimated or supposed. In making the forward-looking statements on this information launch, if any, Trailbreaker has utilized a number of materials assumptions, together with the idea that normal enterprise and financial situations is not going to change in a materially opposed method. There may be no assurance that Ahead-Wanting Data will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such statements. Accordingly, readers shouldn’t place undue reliance on Ahead-Wanting Data. Besides as required by regulation, Trailbreaker doesn’t assume any obligation to launch publicly any revisions to Ahead-Wanting Data contained on this information launch to mirror occasions or circumstances after the date hereof or to mirror the prevalence of unanticipated occasions.

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