Trailbreaker Receives Drill Permit for Coho Property, Central BC

(TheNewswire)

January 19, 2026 – TrailbreakerResources Ltd. (TBK.V) (“Trailbreaker” or“the Company”) is pleased to announce the receipt of aproperty-wide exploration permit for its 8,000-hectare Coho property,located in central British Columbia (BC), Canada. The Coho property isa drill-ready copper-gold (Cu-Au) porphyry target situated 30 km westof the Mount Milligan mine.

A 5-year Multi-Year Area-Based (MYAB) Mines Act permithas been approved by the BC Ministry of Mining and Critical Mineralswith a provisional expiry date of December 18th, 2030.

Approved ExplorationActivities

• Diamond drilling, based from up to 50 drillpads 

• Construction/modification of exploration access trails(up to 15 km) 

• 20 line-km of ground geophysical surveys 

• Construction of a temporary work camp 

Community Engagement

The Coho property is located within the territory ofthe Takla First Nation, with whom Trailbreaker is committed tocontinued engagement and to building a working relationship. TheCompany is currently collaborating with the Takla First Nation on thefuture drill program.

Daithi Mac Gearailt, CEO ofTrailbreaker, commented: “We are thrilled to receive this permit in time for the 2026exploration season, allowing us to conduct the inaugural drill programat the Coho zone. This is an exciting opportunity to explore anundrilled Cu-Au porphyry target in a prolific mineraldistrict.”

About the Coho Property (link topresentation)

The 8,000-hectare Coho property (Figure 1) is located90 km north of the Town of Fort St. James, BC. The claims wereacquired by Trailbreaker through an option agreement signed in May,2025 whereby Trailbreaker has the option to acquire a 100% interest(see May 26, 2025 newsrelease). The priority target is the Cohozone, a drill-ready Cu-Au porphyry target with recently completedproperty-wide geochemical and geophysical surveys. The zone hosts arecently identified chargeability and resistivity anomaly, associatedwith high-grade gold and copper values from surface rock grab samples.While there has been limited historical drilling on the claims,the Coho zone, has never beendrilled.

Located within the Quesnel Tectonic Terrane, the Cohoproperty is situated in a district known for prolific alkalic Cu-Auporphyry deposits and discoveries. The property is located 30 km westof Centerra Gold’s Mount Milligan Cu-Au porphyry deposit, aproducing mine with current reserves of 1.2 B lbs Cu and 2.8 MozAu1.Pacific Empire Minerals’ (‘PEMC’) Trident property is contiguouswith the Coho property’s western border. On December 15th, 2025, PEMCreported a drill intercept of 0.77% Cu, 0.51 g/t Au, and 3.4 g/tsilver (Ag) over 183.0 m from the ‘A-zone’, located only 3.5 kmwest of the Coho property2. To the north lies Pacific RidgeResources’ Chuchi property, where 2024 drilling returned 382.0 m of0.19% Cu, 0.12 g/t Au, and 0.47 g/t Ag3 from the BPzone.

Figure 1: Trailbreaker’s Cohoproperty is located 30 km northwest of Centerra Gold’s Mt. MilliganCu-Au porphyry deposit, and 3.5 km east of Pacific Empire Minerals’Trident property, where recent drill results include 183.0 m of 0.77%Cu, 0.51 g/t Au, and 3.4 g/t Ag.

The Coho zone is defined by a 650 x 550 m Cu-Au-Ag surface rock andsoil geochemical anomaly within diorite, and spatially associated withan ENE-trending fault zone (the Coho fault) and gabbro dykes. Twoadditional faults, the Valley and Redline faults, extend south fromthe BP zone (Chuchi property) and converge with the Coho fault at theCoho zone. Historic surface grab samples at the Cohozone returned values up to 16.15 g/t Au, 16.35% Cu, and 67.3g/t Ag.

A recent (2022) airborne ZTEM (Z-axis Tipper electromagnetic) survey,followed by a 2023 ground-based induced polarization (IP) survey,identified an interpreted 400 m x 250 m x 200 m-deep porphyryintrusive complex (3D ZTEM anomaly) with a two-limbed IP chargeabilityhigh anomaly that spans more than 1.4 km.

The Coho zone is located 4.5 km south of the BP zone (Chuchi property)and is currently interpreted to be situated along the sameValley/Redline fault structure that hosts the BP zone. Alkalicporphyry deposits commonly occur in clusters and Trailbreaker’s teambelieves the Coho property, in particular the Coho zone, may representa Cu-Au porphyry system similar to the surrounding prospects anddeposits. Trailbreaker has interpreted this system to be part of acluster of deposits found along the margin of the Hogem batholith.

References

1. Centerra Gold website - https://www.centerragold.com/operations/mount-milligan/default.aspx 

2. Pacific Empire Minerals December 15, 2025 news release - https://pemcorp.ca/news-releases/pacific-empire-intersects-183.0-metres-of-1.23-cueq-starting-at-9.0-metres-including-71.5-metres-of-1.80-cueq-at-trident-a-zone/ 

3. Pacific Ridge Exploration November 25, 2024 newsrelease https://pacificridgeexploration.com/news-releases/pacific-ridges-inaugural-drill-program-returns-some-of-the-best-drill-results-ever-recored-at-the-chuchi-copper-gold-project/ 

About Trailbreaker Resources

Trailbreaker Resources is a mining exploration companyfocused primarily on mining-friendly British Columbia and YukonTerritory, Canada. Trailbreaker is committed to continuous explorationand research, allowing maintenance of a portfolio of quality mineralproperties which in turn provides value for shareholders. The companyhas an experienced management team with a proven track record asexplorers and developers throughout the Yukon Territory, BritishColumbia, Alaska and Nevada.

ON BEHALF OF THE BOARD

Daithi Mac Gearailt

President and Chief Executive Officer

Carl Schulze, P. Geo., Consulting Geologist with AuroraGeosciences Ltd, is a qualified person as defined by NationalInstrument 43-101 for Trailbreaker's BC and Yukon explorationprojects, and has reviewed and approved the technical information inthis release.

Other

For new information about the Company’s projects,please visit Trailbreaker’s website at TrailbreakerResources.com and signup to receive news. For further information, follow Trailbreaker’stweets at , usethe ‘Contact’ section of our website, or contact us at  (604) 681-1820 or at info@trailbreakerresources.com.

Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.

Forward-Looking Statements

Statements contained in this newsrelease that are not historical facts are "forward-lookinginformation" or "forward-looking statements"(collectively, "Forward-Looking Information") within themeaning of applicable Canadian securities legislation and the UnitedStates Private Securities Litigation Reform Act of 1995.Forward-Looking Information includes, but is not limited to,disclosure regarding possible events, conditions or financialperformance that is based on assumptions about future economicconditions and courses ofaction; expectations regarding future exploration and drillingprograms and receipt of related permitting. In certain cases,Forward-Looking Information can be identified by the use of words andphrases such as "anticipates", "expects","understanding", "has agreed to" or variations ofsuch words and phrases or statements that certain actions, events orresults "would", "occur" or "beachieved".  Although Trailbreaker has attempted to identifyimportant factors that could affect Trailbreaker and may cause actualactions, events or results to differ materially from those describedin Forward-Looking Information, there may be other factors that causeactions, events or results not to be as anticipated, estimated orintended.  In making the forward-looking statements in this newsrelease, if any, Trailbreaker has applied several materialassumptions, including the assumption that general business andeconomic conditions will not change in a materially adverse manner. There can be no assurance that Forward-Looking Information willprove to be accurate, as actual results and future events could differmaterially from those anticipated in such statements.  Accordingly,readers should not place undue reliance on Forward-LookingInformation.  Except as required by law, Trailbreaker does not assumeany obligation to release publicly any revisions to Forward-LookingInformation contained in this news release to reflect events orcircumstances after the date hereof or to reflect the occurrence ofunanticipated events.

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