Little Dry Run Wilderness Addition

Trailbreaker Resources Provides Update on Company Activities

Retrieved on: 
Wednesday, November 8, 2023

VANCOUVER, British Columbia, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to provide a company update on exploration activities during the 2023 field season, and on our continued efforts to build shareholder value.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to provide a company update on exploration activities during the 2023 field season, and on our continued efforts to build shareholder value.
  • As well, the technical team is actively engaged in conducting project generation to bring new highly prospective properties into the Trailbreaker portfolio.
  • Trailbreaker intends to carry the momentum from this year’s activities into 2024, and to continue to build on the 2023 exploration successes.
  • Trailbreaker and Teck Resources Ltd. retain a combined 2% net smelter return (NSR) royalty on these claims.

Callinex Announces High-Grade Copper Maiden Mineral Resource Estimate at its Pine Bay Project in Manitoba

Retrieved on: 
Monday, July 10, 2023

The inferred mineral resource in this resource estimate has a lower level of confidence than that applied to an indicated mineral resource and must not be converted to a mineral reserve.

Key Points: 
  • The inferred mineral resource in this resource estimate has a lower level of confidence than that applied to an indicated mineral resource and must not be converted to a mineral reserve.
  • It is reasonably expected that a majority of the inferred mineral resource could be upgraded to an indicated mineral resource with continued exploration.
  • Copper equivalent resources for the Pine Bay Project were calculated using the following metal prices: Cu at US$3.25/lb, Zn US$1.20/lb, Au at US$1,850/oz, Ag at US$22.50/oz.
  • The Pine Bay Project, consists of a group of 77 contiguous mineral claims (dispositions) and one Mineral Lease totaling 6,795 hectares.