Trailbreaker Resources Announces Exchange Approval Of Wheaton Gold Property Option
(TheNewswire)
July 25, 2025 – TheNewswire - Trailbreaker Resources Ltd.(TBK.V) (“Trailbreaker” or “theCompany”) is pleased to announce that the TSX Venture stock exchange(the “Exchange”) has approved the option agreement forTrailbreaker to acquire a 100% interest in the Wheaton Gold property,northwestern British Columbia (BC).
The 2,223-hectare Wheaton Gold property is located 60km east of Dease Lake, BC, and covers the headwaters of multipleplacer gold-bearing creeks, including Alice Shea Creek, source of thefamous 52 troy oz ‘Turnagain nugget’. Details of the project canbe found in Trailbreaker’s July7 th , 2025 newsrelease.
Terms of the Option Agreement
On July 1 st , 2025 (the “Effective Date”),Trailbreaker signed an option agreement (the “Agreement”) withCordilleran Properties (the “Optionor”) of Kamloops, BC. Subjectto the approval of the TSX Venture Exchange, Trailbreaker has theoption to acquire a 100% interest in the Wheaton Gold property bycompleting the following:
(a) paying to the Optionor$10,000 on the Effective Date;
(b) paying to the Optionor $10,000 onor before the first anniversary of the Effective Date ;
(c) paying to the Optionor$15,000 on or before the second anniversary of the Effective Date;
(d) paying to the Optionor$25,000 or issuing to the Optionor $25,000 worth of Trailbreakercommon shares (“Shares”) on or before the third anniversary of theEffective Date;
(e) paying to the Optionor$75,000 or issuing to the Optionor $75,000 worth of Shares on orbefore the fourth anniversary of the Effective Date; and
(f) completing $1,000,000 ofexpenditures on or before the fifth anniversary of the EffectiveDate.
A maximum of 2,000,000 common shares will be issued ata deemed price per share equal to the greater of CDN$0.05 and the VWAPfor the ten (10) trading days prior to issuance pursuant to thisarms-length transaction.
Upon completion of the Agreement, Trailbreaker willobtain a 100% interest in the property and the Optionor will retain atotal 2.0% Net Smelter Return (NSR) royalty, which may be brought downto 0.5% through a cash payment of $1,500,000 to the Optionor.
For more information about theWheaton Gold property see the July 7, 2025 news release or the WheatonGold section on Trailbreaker’s webpage:
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 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.
Copyright (c) 2025 TheNewswire - All rights reserved.
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