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Trailbreaker Resources Receives Structural Report, Drill Recommendations for Atsutla Gold Project, Northwestern BC

VANCOUVER, British Columbia, April 03, 2023 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce tha

articleTrailbreaker Resources LtdApril 3, 20233/company/trailbreaker-resources-ltd/news/trailbreaker-resources-receives-structural-report-drill-recommendations-for-atsutla-gold-project-northwestern-bc
Trailbreaker Resources Receives Structural Report, Drill Recommendations for Atsutla Gold Project, Northwestern BC

About this update from Trailbreaker Resources Ltd

[{"type":"text","content":" VANCOUVER, British Columbia, April 03, 2023 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce that it has received a geological study from Terrane Geoscience Inc. (“Terrane”) with recommended drill holes for Trailbreaker’s 100%-owned Atsutla Gold project, located in northwestern British Columbia (BC). While discussing potential deposit models for the project, the report summarized that there is good evidence of a porphyry-epithermal system, as well as possible orogenic-type mineralization. It was also determined that many features of the Swan zone suggest it represents the shallow, lithocap levels of a porphyry copper system. Daithi Mac Gearailt, CEO of Trailbreaker, commented, “We are very excited to have this study in hand. The Terrane team did an excellent job defining the structure and mineralization at Atsutla. It’s a big project, and they were able to confirm many of our suspicions about the nature of mineralization.” The report is the culmination of 2 weeks of targeted geological mapping during the 2022 exploration season. Mappers investigated structure, alteration, and mineralization at the Highlands, Christmas Creek, Willie Jack, and Swan zones. Twenty-six samples were sent for thin section analysis. Products include recommendations for future work on the property. Of particular interest to Trailbreaker was the alteration mapping conduced at the Swan zone (see Figure 1). It was found that all rock units in the Swan area, except for mafic dikes, are variably altered. Rocks display a strong hydrothermal overprint, which was interpreted to be concentrically zoned. Alteration is weakest at the periphery of the mapping area and intensifies towards the main mineralized zone, grading from phyllic to advanced argillic. The report discussed possible deposit models for the Atsutla Gold project (Généreux, 2023): “Results of mapping of the Atsutla West and Swan Zone showed good evidence of a porphyry-epithermal system on the Atsutla Gold Project, as well as possible orogenic-type mineralization. Many features of the Swan Zone suggest it represents the shallow, lithocap levels of a porphyry copper system”. It was noted that the vein-hosted mineralization in the Atsutla project is reminiscent of epithermal deposits which are often found near porphyry copper systems,...

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