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Trailbreaker Resources Receives Permit to Drill Eakin Creek Property, South-Central BC
VANCOUVER, British Columbia, March 27, 2023 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce tha
About this update from Trailbreaker Resources Ltd
[{"type":"text","content":" VANCOUVER, British Columbia, March 27, 2023 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce that it has received a permit to drill at their 100%-owned Eakin Creek gold property in south-central British Columbia (BC). Phase 1 of the program will consist of diamond drilling up to 10 holes to test coincident induced polarization (IP) and geochemical anomalies outlined during the 2022 exploration program (see September 14, 2022 news release), as well as the numerous surficial gold showings found within these anomalies. Daithi Mac Gearailt, CEO of Trailbreaker, commented: “It’s not every day that you get to be the first company to drill a gold project on the highway that has mineralized outcrops right at surface. We are thrilled to finally take it to the next level of exploration and properly test this target. We’ve consolidated the claims, done the work, de-risked the project, and have demonstrated that there is real potential for a sizable gold deposit at Eakin Creek.” Located 100 km north of Kamloops, BC, the target was initially acquired due to: the historic ‘G Occurrence’ found on the highway in one of the few exposed outcroppings on the property, a field of gold-bearing boulder samples (inferred to be local), and a grouping of some of the highest gold-in-till values from regional till sampling in BC. During 2022, Trailbreaker performed a 10.75 line-kilometre IP survey, a 302-sample Mobile Metal Ion (MMI) soil survey, and prospecting. A 1,000 x 600-metre area was defined as having an Au-Ag-Cu-Sb (gold-silver-copper-antimony) soil anomaly coincident with an IP geophysical anomaly. Also, widespread gold mineralization in bedrock and float samples was identified (see Figure 1). Prospecting identified gold-bearing mineralization hosted by two main lithologies, with the majority of mineralized samples occurring within the geochemical and geophysical anomalies: An altered diorite unit that is found outcropping along the highway. Grab samples from this unit returned assay values up to 8.2 g/t Au and 130 g/t Ag from separate outcrops more than 1 km apart. The historic ‘G Occurrence’ is a chip sample in one of these outcrops with an assayed interval of 14 metres grading 0.90 g/t Au, including 3 metres grading 3.15 g/t Au. A limonitic felsic intrusive unit with disseminated...