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Trailbreaker Resources Defines 1,000 X 600-Metre Gold and Coincident IP Anomalies at Eakin Creek Property, South-Central BC
VANCOUVER, British Columbia, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce the
About this update from Trailbreaker Resources Ltd
[{"type":"text","content":" VANCOUVER, British Columbia, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce the results of the Phase 1 exploration program at its 100%-owned Eakin Creek property in south-central British Columbia (BC). A 1,000 x 600-metre area has been defined as having a gold-in-soil anomaly coincident with an Induced Polarization (IP) geophysical anomaly. Also, widespread gold mineralization in bedrock and float samples was identified. The 2022 program utilized multiple exploration tools including: A 302-sample Mobile Metal Ion (MMI) soil survey, A 10.75 line-kilometre IP survey, Reconnaissance prospecting and geological investigation. The MMI survey defined a 1,000 x 600 metre Au-Ag-Cu-Sb (gold-silver-copper-antimony) anomaly that is open to the south. This anomaly is coincident with resistivity and chargeability anomalies defined by the IP survey, which is strongest at 50 to 100m of depth. Prospecting has identified gold-bearing mineralization hosted by two main lithologies (expanded upon below), with the majority of mineralized samples occurring within the geochemical and geophysical anomalies. Grab samples from bedrock returned assay values up to 8.2 g/t Au and 130 g/t Ag from separate outcrops more than 1 km apart. Daithi Mac Gearailt, CEO of Trailbreaker, commented: “When Trailbreaker generated the Eakin Creek target earlier this year, it had all the indications for discovery potential: some of the highest gold-in-till values from regional till sampling in BC, high-grade rock float samples, and a compelling historic chip sample taken along the highway cut. We looked at which exploration techniques were missing, and what tools we could use to vector in to large mineralized systems potentially hidden under the till. Combining two common exploration tools that had never been done here - MMI and IP - along with Trailbreaker’s seasoned prospectors, we now have the data and results to confidently plan an exploratory drill program at Eakin Creek.” Gold mineralization at the Eakin Creek property was found to be hosted in two distinct lithologies: An altered diorite unit with disseminated pyrite and quartz-carbonate-pyrite veining (Photo 1). This unit outcrops along Highway #24 which bisects the property. Assays from outcrop grab samples returned values up to 8.2 g/...