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Trailbreaker Resources Acquires the Connector Gold Property, Adjacent to the Past-Producing Brenda Mine
VANCOUVER, British Columbia, May 04, 2022 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce the a
About this update from Trailbreaker Resources Ltd
[{"type":"text","content":" VANCOUVER, British Columbia, May 04, 2022 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce the acquisition of the Connector Gold property in the Merritt area of British Columbia (BC). The newly-staked claims are located just 500 metres north of the past-producing Brenda Cu-Mo (copper-molybdenum) mine. Highlights of the new Connector Gold property Located 40 km north of Kelowna and 55 km southeast of Merritt, BC, and straddles Highway 97C (the Okanagan Connector) Excellent road accessibility via numerous well maintained forest service roads that extend from the highway 100%-owned by Trailbreaker Resources with no underlying payments or royalties Covers 1,894 hectares of ground just 500 m north of the past-producing Brenda Cu-Mo mine 15 km northeast of the producing Elk Gold mine, held by Gold Mountain Mining, which has a Measured and Indicated (M+I) resource of 806,000 oz AuEq (gold equivalent), at a grade of 5.8 g/t Au (gold) Historic exploration shows a similar style of gold mineralization and geologic setting as the Elk deposit, with grab samples at the Connector Gold property grading up to 187.5 g/t Au and 71.8 g/t Ag (silver) Very limited gold-targeted historic drilling has been conducted on the property About the Connector Gold property The 1,894 ha, 100%-owned Connector Gold property straddles Highway 97C and is located 40 km west of Kelowna and 55 km southeast of Merritt in south-central BC. The property is contiguous with Glencore Corp’s Brenda property which hosts the past-producing Cu-Mo porphyry Brenda Mine. The mine is located just 500 meters to the south of Trailbreaker’s claims (see Map 1 – Location). The Connector Gold property was aggressively explored for Cu-Mo deposits in the early 1960s through to the 1990s, when the Brenda deposit was discovered and developed into a producing mine. At the Connector, many Cu-Mo soil geochemical anomalies were identified, and several drill holes intersected significant Cu-Mo porphyry mineralization. Exploration for precious metals, however, was largely ignored until 2008 with the rise in precious metal prices. In 2009, Bitterroot Resources discovered a high-grade gold-bearing vein system located only 300 metres from the highway, during a trenching program targeting gold-in-soil anomalies. Numerous narrow gold-bear...