Trailbreaker Resources Amends Atsutla Option Agreement
(TheNewswire)
November 6, 2025 – TheNewswire - Trailbreaker Resources Ltd.(TBK.V) (“Trailbreaker” or “theCompany”) is announcing that it has amended an option agreement fora mineral claim at its Atsutla Gold project in northwestern BritishColumbia (BC).
The initial Option Agreement, dated November21 st , 2022, was signed with Mr. Torrey Fredlund (the“Optionor”) for Trailbreaker to obtain a 100% interest in his‘Golden Echelon’ claim block located between the Snook andHighland zones. The claim block consists of one mineral claim covering132 hectares ( see November 28, 2022news release ).
The initial Option Agreement signedNovember 21 st , 2022:
Trailbreaker can earn a 100% interest in the GoldenEchelon claim by making staged share issuances totaling 80,000 commonshares over three years and a making a one-time cash payment of$25,000 as follows:
a) 10,000 common shares on receipt of TSX VentureExchange approval;
b) 10,000 common shares on or before November 16,2023;
c) 10,000 common shares on or before November 16,2024; and
d) 50,000 common shares and $25,000 cash paymenton or before November 16, 2025.
The Optionor will retain a 1% Net Smelter Return (NSR)royalty and Trailbreaker has the right to buy back the 1% NSR within atwo-year period from the exercise of the option for a cash payment of$50,000 and issuance of 100,000 common shares.
The AmendingAgreement, signed November 3 rd ,2025, has deleted paragraph d) of the aboveOption Agreement and replaced it with the following paragraphs d) ande):
d) issuing to the Optionor 25,000common shares by November 16, 2025; and
e) on or before May 16, 2026,either:
i) paying to the Optionor $25,000and issuing the Optionor 50,000 common shares; or
ii) issuing to the Optionor175,000 common shares.
The Amending Agreement is subject to the approval ofthe TSX Venture Exchange.
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 sign up to receive news. For further information, followTrailbreaker’s tweets at ,use the ‘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 of action; expectations regarding futureexploration and drilling programs and receipt of related permitting.In certain cases, Forward-Looking Information can be identified by theuse of words and phrases such as "anticipates","expects", "understanding", "has agreedto" or variations of such words and phrases or statements thatcertain actions, events or results "would","occur" or "be achieved". Although Trailbreakerhas attempted to identify important factors that could affectTrailbreaker and may cause actual actions, events or results to differmaterially from those described in Forward-Looking Information, theremay be other factors that cause actions, events or results not to beas anticipated, estimated or intended. In making the forward-lookingstatements in this news release, if any, Trailbreaker has appliedseveral material assumptions, including the assumption that generalbusiness and economic conditions will not change in a materiallyadverse manner. There can be no assurance that Forward-LookingInformation will prove to be accurate, as actual results and futureevents could differ materially from those anticipated in suchstatements. Accordingly, readers should not place undue reliance onForward-Looking Information. Except as required by law, Trailbreakerdoes not assume any obligation to release publicly any revisions toForward-Looking Information contained in this news release to reflectevents or circumstances after the date hereof or to reflect theoccurrence of unanticipated events.
Copyright (c) 2025 TheNewswire - All rights reserved.
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