Trailbreaker Resources Acquires Liberty Cu-Mo Porphyry Property Located in Central British Columbia

VANCOUVER, British Columbia, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce it has entered into an option agreement to acquire 100% of the 2,071-hectare Liberty property in central British Columbia (BC).

The Liberty property covers a copper-molybdenum (Cu-Mo) porphyry target, located approximately 60 km northwest of Quesnel, BC, and accessible by forest service roads.

Highlights of the Liberty Property

• TARGET: Strong porphyry target is defined by a coincident Induced Polarization (IP) chargeability and Cu-Mo±Gold (Au)±Silver (Ag) soil and rock geochemical anomalies on the margin of a poly-phase Mesozoic granitic pluton.
• POTENTIAL: Multiple styles of mineralization across the property, including porphyry-style mineralization, as well as associated skarn mineralization.
• PROVEN RESULTS: Historic drilling in the 1960s by Rio Tinto, to the south of the modern coincident IP and geochemical anomaly, returned an assay result of 123.1 m of 0.11% Cu and 0.04% MoS₂¹, from the top of bedrock to the end of hole.
• UNDEREXPLORED: Coincident geophysical and geochemical anomalies were defined in the 2010s but have never been drill-tested.
• ACCESS: Fully road-accessible through a network of forestry service roads. Low annual precipitation allows for year-round access to the property.
• VALUE: Trailbreaker has the option to acquire 100% of the project with a value-driven deal.

Message from the President

“We are excited to add the Liberty project to our portfolio. Liberty shows many of the key characteristics of a strong porphyry target which has never been adequately tested. With this option agreement and great access, we will be able to effectively and efficiently advance the project.” – Daithi Mac Gearailt

Figure 1: Location of the Liberty property relative to other advanced stage mining projects and mines within the region.

Geology and Exploration Potential

The Liberty property is located in the Cache Creek Terrane, which hosts significant calc-alkaline porphyry Cu-Mo deposits such as the second largest open-pit copper mine in Canada², the Gibraltar Mine (Figure 1). The Gibraltar Mine contained 6.4 billion pounds of copper from past production and in current reserves³. The current reserves have an average copper grade of 0.24% Cu and a cut-off grade of 0.15% Cu³.