TRAILBREAKER Resources LTD

ATSUTLA GOLD PROJECT

The Atsutla Gold project represents a brand-new, high-grade gold discovery in British Columbia where greenfield exploration has returned rock samples assaying up to 18.38 oz/ton (630 g/t) gold and 55.25 oz/ton (1,894 g/t) silver in an area with no previously known gold mineralization. The project consists of 36 mineral tenures covering over 40,000 hectares of underexplored, highly prospective ground in northwestern British Columbia. All but one claim (132 ha) are 100%-owned by Trailbreaker Resources with no underlying royalties or payments.

The project covers a portion of the Atsutla mountain range within the Kawdy Plateau of northwestern BC; 70 km south of the BC-Yukon border and 120 km northwest of Dease Lake, BC. Although placer gold was recorded in multiple drainages in the area during the early 1900s, very little mineral exploration has occurred since then. The area was briefly explored for copper, tungsten, and molybdenum during the 1970s with gold mineralization completely overlooked.

The Atsutla Gold project is centred over the crustal-scale Teslin – Thibert fault system that marks the division between the Quesnel and Cache Creek tectonic terranes. Gold mineralization on the property is closely related to the Mesozoic intrusive batholiths that comprise the Atsutla mountain range. The geological setting suggests strong potential for multiple styles of gold mineralization including Cu-Au porphyry, epithermal, orogenic vein and intrusion-related.

To date, Trailbreaker has defined 5 significant gold zones over 26 kilometres: Highlands, Christmas Creek, Snook, Willie Jack and Swan.

The Highlands zone is comprised of widespread high-grade gold and silver veins with coarse visible gold over a 750m x 600m area with assays up to 630 g/t (18.38 oz/ton) Au and 1,894 g/t (55.25 oz/ton) Ag.
The Christmas Creek zone is located 2 km east of the Highlands zone and consists of high-grade mineralization with assays up to 102 g/t Au & 524 g/t Ag.
The Snook zone is located 3.5 km northeast of the Highlands zone and displays multiple generations and styles of mineralized veins. Rock samples have returned assays up to 53.3 g/t Au.
The Willie Jack zone consists of a 1.25-kilometer-long gold-in-soil anomaly, with soil sample assay values up to 3.77 g/t Au and rock grab samples up to 9.9 g/t Au.
The Swan zone includes a 900m x 700m gold-in-soil anomaly, with soil sample assay values up to 406 ppb Au and grab samples up to 11.7 g/t Au and 212 g/t Ag. The Swan zone anomaly is directly adjacent to a historic molybdenum-copper (Mo-Cu) porphyry prospect that was not explored or analyzed for gold.

View Highlands Zone

View Willie Jack Zone

View Swan Zone

Atsutla Flyer

Location

The Atsutla Gold project is located in the Atsutla mountain range in northwestern British Columbia, 70 km south of the Yukon-BC border and 120 km northwest of the community of Dease Lake, BC. The nearest road is the Alaska Highway, 65 km due north. This area is British Columbia’s last frontier; the remote and difficult access has deterred exploration to date despite being surrounded by significant gold deposits.

History

1912

Placer gold discovered on Willie Jack Creek.

1944

Government geologists conducted a reconnaissance geological mapping and prospecting program in the Atsutla mountain range and discovered abundant mineralized quartz veining with a single sample assaying 2.06 g/t Au and 72 g/t Ag.

1969

Quebec Cartier Mining Company conducted a large regional scale (1800 sq km) stream sediment sampling program that discovered anomalous Cu draining the present-day Willie Jack property. The stream sediment samples were only analyzed for base metals (no gold).

1971

El Paso Mining conducted a geological mapping and prospecting program in the area and identified widespread Cu mineralization hosted both in narrow quartz veins and fractured wall rock (granodiorite and monzonite).

1979

Geological Survey of Canada completed a regional stream sediment sample program but with no analyses for gold, arsenic, or antimony. Dupont Canada Exploration followed up on anomalous tungsten and molybdenum stream sediment samples in the area with no gold assays done.

2000

Geological Survey of Canada re-analyzed the 1979 stream sediment samples for multiple elements; including Au, As, and Sb. These 3 elements are strongly anomalous and spatially associated with the historic placer gold-bearing Willie Jack Creek that drains a portion of the property.

2000 – 2019

No documented exploration.

2020

Trailbreaker Resources completed a reconnaissance first pass exploration program, evaluating the area for its gold potential. A total of 185 soil and 94 rock grab samples were taken. Widespread gold mineralization was discovered with quartz veins assaying up to 164 g/t Au and soil samples up 806 ppb Au. A large lang package was secured and the Atsutla Gold project was born.

2021

An aggressive prospecting, geological mapping and soil sampling program was executed at the Atsutla Gold project. A total of 2100 soil samples and 532 rock samples were collected over two work phases. Four significant gold zones were defined: Highlands, Christmas Creek, Willie Jack, and Swan. An airborne magnetic and radiometric survey was also flown over the western area of the property.

2022

The 2022 program involved both follow-up prospecting, and exploration on newly staked claims. It also included detailed structural and geological mapping at the four high-grade gold zones discovered in 2021, with a focus on drill target generation. A new gold zone was discovered northeast of the Highlands zone, and a new area of mineralization was discovered at the Swan zone.

Geology

The Atsutla Gold project is located in the northwestern portion of the Atsutla mountain range within the Intermontane Belt. The property is situated along the regional scale, northwest-trending Teslin – Thibert strike-slip fault system that juxtaposes and divides the Cache Creek and Quesnel tectonic terranes. The Quesnel terrane hosts numerous Cu-Au porphyry deposits along the length of British Columbia; including Copper Mountain, Highland Valley, New Afton, Mount Polley, Mount Milligan, and Kemess. The Cache Creek terrane hosts numerous high-grade orogenic gold deposits in BC including the nearby Atlin and Cassiar Gold camps (> 3 M oz Au combined). The property is also positioned at the southern fringe of the Tintina Gold Belt that hosts many intrusion-related gold deposits across Alaska and the Yukon. These deposits include Pogo and Fort Knox in Alaska and Brewery Creek and Dublin Gulch in Yukon Territory.

The Atsutla Gold claims cover two large Mesozoic batholiths that intrude Paleozoic sediments of the Kedahda Formation and Triassic volcanics of the Takla rock group. These batholiths contain elevated concentration of gold, silver, copper, molybdenum, arsenic, and antimony. The high-grade gold sampled in quartz veins at the Highlands zone is hosted in the granitic Jurassic age Christmas Creek pluton. The Willie Jack zone is hosted at the fringe of the Christmas Creek pluton with northwest-trending auriferous quartz veins and shear zones hosted in the metasediments of the Kedahda formation. The Swan zone is hosted in a leucogranite-porphyry unit of the Upper Cretaceous Glundebery pluton.