Source: Trailbreaker Resources.
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Trailbreaker Resources (TSXV:TBK) has mobilized a maiden diamond drill program at its Eakin Creek gold property north of Kamloops, B.C.
  • The claims cover 16 sq. km. of prospective ground that drains into placer gold-bearing Eakin Creek
  • Drilling is planned to commence on May 24th, 2023, and will see up to 2,000 metres of diamond drilling
  • Trailbreaker Resources (TBK) opened trading at $0.18 per share

Trailbreaker Resources (TSXV:TBK) has mobilized a maiden diamond drill program at its Eakin Creek gold property.

The Eakin Creek property is located 100 km north of Kamloops, B.C. The claims cover 16 sq. km. of prospective ground that drains into placer gold-bearing Eakin Creek.

Drilling is planned to commence on May 24th, 2023, and will see up to 2,000 metres of diamond drilling. The program has been designed to test coincident induced polarization (IP) and geochemical anomalies.

The target was initially acquired thanks 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, and a grouping of some of the highest gold-in-till values from regional till sampling in B.C.

Source: Trailbreaker Resources Ltd.

During 2022, Trailbreaker performed a 10.75 line-km IP survey, a 302-sample mobile metal ion soil survey, and prospecting. A 1,000 by 600-metre area was defined as having a gold-silver-copper-antimony soil anomaly coincident with an IP geophysical anomaly. Widespread gold mineralization in bedrock and float samples was also identified.

Trailbreaker’s CEO, Daithi Mac Gearailt called this an exciting program for both shareholders and the area in general.

“This is a highly under-explored part of British Columbia that has great geology and serious potential for a new big discovery. I know our neighbours are watching us closely and wishing us luck in the drill bit.”

Trailbreaker Resources Ltd. is a mineral exploration company focusing on acquiring and developing exploration and evaluation assets. Its flagship Plateau Property is located in Yukon Territory.

Trailbreaker Resources (TBK) opened trading at $0.18 per share.

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 Herald

@ the Bell: Q4 off to a rough start for the TSX

The final quarter of 2023 began on a dim note for Canada’s main stock index, which continued its decline on Monday.
Aritzia

Aritzia Inc. stock jumps after it reports Q2 2024 results

Aritzia Inc. (TSX:ATZ) stock jumped early Friday after the Canada-based fashion design house reported second quarter results for fiscal 2024.

An undervalued Canadian mining company hiding in plain sight

The best returns among Canadian mining companies are earned by building conviction when market sentiment is low, such as the present moment.
The Market Herald Video

Pan Global Resources is on the edge of a big discovery

We touch base with Pan Global Resources, which is focused on discovering copper, to find out what is planned for the remainder of the…