Today’s results are from the Trailbreaker Resource’s flagship Atsutla Gold Project, a new gold discovery located in the Atsutla mountain range in northwest British Columbia, 70 km south of the Yukon-BC border and 130 km northwest of Dease Lake, British Columbia.
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I’m Cassandra Bolinski for Investmentpitch Media
Trailbreaker Resources Ltd. has defined three gold zones and discovers widespread visible gold in quartz float at its Atsutla Gold Project.
Trailbreaker Resources, a project generator, holds four 100%-owned gold properties in mining-friendly British Columbia and Yukon Territory, Canada.
These results are from the company’s flagship Atsutla Gold Project, a new gold discovery located in the Atsutla mountain range in northwest British Columbia, 70 km south of the Yukon-BC border and 130 km northwest of Dease Lake, British Columbia.
With the addition of recent staking, the Atsutla Gold Project now covers 37,727 hectares and spans 36 kilometers.
Efforts were focused on follow-up of the high-grade gold, silver, and copper discoveries made at the Willie Jack zone in 2020, as well as first-pass reconnaissance of newly-staked, unexplored ground southeast of the initial discoveries.
The exploration team also completed a first-pass exploration program at the Swan zone, which hosts a historic Mo-Cu porphyry prospect.
The Phase 1 and 2 exploration programs involved the collection of 2,100 soil samples and 532 prospecting rock grab samples, as well as geological mapping, with assays from the Phase 2 program pending.
Phase 1 grab sample assay results returned grades as high as 630.04 grams per tonne or 18.38 ounces per ton gold from the Highlands zone from an area 550 meters away from a newly discovered zone comprising samples with visible gold.
In 2020, a grab sample of quartz float from this zone assayed 164 grams per tonne gold or 4.78 ounces per ton gold and 257grams per tonne silver.
Soil sampling and prospecting have also defined two other gold zones at Atsutla.
The Willie Jack trend is a 1.25-kilometer-long gold-arsenic-silver-moly-tellurium geochemical anomaly, with soil sample values up to 3,767 parts per billion gold.
This trend falls within a broader anomalous gold trend of 6.5 kilometers.
The Swan zone is a 900 meter x 700 meter gold-arsenic-silver-antimony-copper-moly-lead geochemical anomaly, with soil sample values up to 406 parts per billion gold.
Limited rock sampling from Phase 1 yielded assays up to 3.17 grams per tonne gold.
The Swan zone anomaly is directly adjacent to a historic moly-copper porphyry prospect that was not previously explored or analyzed for gold.
Daithi Mac Gearailt, President and CEO, stated: “I am incredibly pleased with the recent results at the Atsutla Gold Project. The newly released Phase 1 assay results, coupled with the visible gold discovered during Phase 2, confirm that this is a high-grade gold-bearing system. Considering the size of the current geochemical soil anomalies, along with widespread visible gold found to date, I am very confident that more high-grade results will follow. The high-grade nature of the Highlands zone, extent of the Willie Jack trend, and mineral potential of the Swan area provide exciting possibilities. By the end of 2021 we will have a geochemical database of almost 2,700 surface samples as well as a high-definition airborne geophysical survey. Not only that but we have an additional 14,000 hectares of nearly untouched ground to explore. Atsutla is shaping up to be a major gold project!”
The shares are trading at $0.36.
For more information, please visit the company’s website, www.TrailbreakerResources.com, contact Daithi Mac Gearailt, President and CEO, at 604-681-1820 or by email at info@TrailbreakerResources.com.
I’m Cassandra Bolinski for Investmentpitch Media
