• Trailbreaker Resources (TSXV:TBK) has acquired the Golden Sable property in south-central British Columbia
  • The property is located roughly 175 kilometres northeast of Kamloops, BC and 20 kilometres south of Bridge Lake, BC
  • The company acquired the property through an option agreement with Cordilleran Properties and expanded by Trailbreaker through additional staking
  • Historic exploration on the property between 2006 and 2013 outlined a 3-kilometre-long gold-in-soil that remains open to the southeast
  • Shares of Trailbreaker Resources (V.TBK) opened trading at C$0.23

Trailbreaker Resources (V.TBK) has acquired the Golden Sable property in south-central British Columbia.

Located roughly 175 kilometres northeast of Kamloops, BC and 20 kilometres south of Bridge Lake, BC the property spans 2,568 hectares.

Trailbreaker acquired the property through an option agreement with Cordilleran Properties and expanded by the company through additional staking.

The property is an intrusion-related gold target and lies within the Quesnel tectonic terrain with a wide range of active and past-producing gold mines.

“We are very excited to add the Golden Sable property to Trailbreaker’s portfolio. This is an excellent greenfields gold target with great potential for expansion. In addition to confirming historic results and first pass exploration, the team will focus on planning a Phase 2 drill program while they are on site,” Daithi Mac Gearalit, CEO of Trailbreaker Resources, said in a statement.

Previous exploration on the property done by Amarc Resources between 2006 and 2013 outlined a 3-kilometre-long gold-in-soil anomaly that remains open to the southeast.

No follow-up drilling has been conducted to date, but Trailbreaker is planning a 2023 Phase 1 surficial exploration program.

The company said this will include channel sampling on the newly exposed outcrops, geological mapping, prospecting and soil sampling.

Shares of Trailbreaker Resources (V.TBK) opened trading at C$0.23..

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here

More From The Market Online

Top crypto stocks and ETFs to consider before the Bitcoin halving

Read about 10 of the highest-performing Bitcoin stocks and ETFs leading up to the cryptocurrency's April 2024 halving.
GoGold - GoGold Resources' Parral operation in Mexico.

Three mining stocks that look cheap with gold at all-time highs

If you've noticed that gold mining stocks haven't been tracking gold's recent ascension to all-time highs, you aren't alone.

@ the Bell: Markets deeply divided amid Middle East flareup

Canada’s main stock index jumped on Friday, aiming to recoup some weekly losses, as investors shed caution around Middle East tensions.