Trailbreaker receives advanced exploration permit at Liberty
August 24, 2026 - TheNewswire – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce the receipt of a property-wide exploration permit for its 6,895-hectare Liberty Property, located in central British Columbia (BC), Canada.
The Liberty Property is a drill-ready copper-molybdenum (Cu-Mo) porphyry target situated 60 km northwest of Quesnel, BC (Figure 1).
A 5-year Multi-Year Area-Based (MYAB) Mines Act permit has been approved by the BC Ministry of Mining and Critical Minerals with a provisional expiry date of July 23 rd , 2031.
Approved Exploration Activities
Diamond drilling, based from up to 50 drill pads.
Construction of temporary work-related structures such as core storage and drill lay-down areas.
Construction/modification of exploration access trails (up to 17 km).
Daithi Mac Gearailt, CEO of Trailbreaker, commented: “Receiving this advanced exploration permit is a key milestone for the Liberty Property. We're excited to move forward with testing what we view as a robust geophysical target within a proven Cu-Mo porphyry district alongside deposits including the Gibraltar Mine. This permit allows us to advance a more aggressive exploration program, and we look forward to building on this momentum as we continue to unlock the potential of our project portfolio.”
About the Liberty Property ( link to presentation )
The 6,895-hectare Liberty Property is located approximately 60 km northwest of Quesnel, BC and 90 km southwest of Prince George, BC. The property is fully accessible by resource roads. The Liberty Property is located within the Traditional Territory of the Nazko First Nation, with whom Trailbreaker is committed to engagement and to building a working relationship.
The Liberty Property is situated within the Cache Creek terrane, which hosts multiple Cu-Mo porphyry deposits, including Trekor’s (formerly Taseko) Gibraltar Mine, which is the second largest open-pit copper mine in Canada. Located 110 km southeast of the Liberty Property, the Gibraltar Mine has Proven and Probable sulphide facies reserves of 532M tonnes grading 0.25% Cu with a cut-off grade of 0.15% Cu. Proven and Probably oxide facies reserves are 20M tonnes grading 0.17% Cu with a cut-off grade of 0.10% Cu.
Click Image To View Full Size
Figure 1: Location of the Liberty Cu-Mo Property.
Trailbreaker’s 2024 drill program at Liberty encountered widespread Cu-Mo porphyry-style mineralization at the northeastern margin of a large Cu-in-soil geochemical anomaly. Drilling returned numerous ~200m+ intervals of low-grade Cu-Mo mineralization (e.g. 213.7 m of 0.07% Cu, 141 ppm Mo in LIB24-001) punctuated by higher-grade mineralization (e.g. 34.2 m of 0.18% Cu, 428 ppm Mo, in turn including 5.9 m of 0.69% Cu, 1,994 ppm Mo in LIB24-003) (see July 22, 2024 news release ). Mineralization is coincident with an induced polarization (IP) chargeability feature and is hosted in porphyritic granodiorite.
Soil sampling in 2024 defined a property-scale (~10 km in length and up to 1.8 km wide) arc-shaped, Cu-in-soil anomaly. Prospecting within the southwestern portion of the geochemical anomaly has defined an area of high-grade copper mineralization, with grab samples assaying up to 23.71% Cu (see September 16, 2024 news release ). This high-grade copper mineralization is interpreted to be genetically related to a large Cu-Mo porphyry mineralization system.
Drill Targeting at Liberty
Future drill targets at Liberty have been determined from the results of the 2024 IP survey, the 2024 airborne ZTEM ( Z-axis Tipper electromagnetic) survey, and the surface geochemical surveys (see January 13, 2025 news release ). Figure 2 displays the three target areas, shown as P1, P2, and P3.
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Figure 2: P1 target is defined by a large zone of low to moderate IP chargeability (>7 mV/V), centered on an area of strong chargeability (>20 mV/V). This chargeability anomaly occurs within the resistive intrusive complex, where no outcrop is present. The target is ‘up-ice’ of the glacially transported multi-element anomaly, the focus of past exploration. Drilling in 2024 intersected the northern extent of the chargeability anomaly and displayed long intervals of continuous Cu-Mo mineralization in drill core. Similar ZTEM, magnetic, and geochemical characteristics of P1 are observed at both P2 and P3, defining additional porphyry targets at Liberty.
For more information on this target see the Liberty Project webpage.
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
For new information about the Company’s projects, please visit Trailbreaker’s website at TrailbreakerResources.com and sign up to receive news. For further information, follow Trailbreaker’s tweets at , use the ‘Contact’ section of our website, or contact us at (604) 681-1820 or at info@trailbreakerresources.com .
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 conditions 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 assurance 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.
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TheNewsWire
August 24, 2026 - 4:45 AM PDT
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