Trailbreaker Resources Modifies Atsutla Gold Project Option Agreement Terms

Trailbreaker Resources Ltd. has amended an option agreement for a mineral claim at its Atsutla Gold project in northwestern British Columbia. The modification affects the company's ability to obtain a 100% interest in the Golden Echelon claim block located between the Snook and Highland zones, which consists of one mineral claim covering 132 hectares.

The original Option Agreement, dated November 21, 2022, was signed with Torrey Fredlund and required Trailbreaker to make staged share issuances totaling 80,000 common shares over three years along with a one-time cash payment of $25,000. The amended agreement, signed November 3, 2025, has deleted the final payment requirement and replaced it with modified terms that provide the company with additional flexibility in meeting its obligations.

Under the revised agreement, Trailbreaker must issue 25,000 common shares by November 16, 2025, and then by May 16, 2026, either pay $25,000 and issue 50,000 common shares or issue 175,000 common shares. This modification extends the timeline for completing the option agreement and provides alternative pathways for fulfilling the company's financial commitments.

The Optionor will retain a 1% Net Smelter Return royalty, and Trailbreaker maintains the right to buy back this 1% NSR within a two-year period from exercising the option for a cash payment of $50,000 and issuance of 100,000 common shares. The Amending Agreement remains subject to approval by the TSX Venture Exchange.

This amendment represents a strategic adjustment to the company's acquisition timeline for the Golden Echelon claim, potentially providing Trailbreaker with greater financial flexibility while maintaining its position in the Atsutla Gold project. The modification could impact the company's capital allocation strategy and near-term financial planning, as the extended timeline and alternative payment options may affect cash flow management and shareholder dilution considerations.

For investors and stakeholders in the mining sector, this development highlights the dynamic nature of mineral claim acquisitions and the importance of flexible agreement structures in exploration projects. The amendment demonstrates how junior mining companies adapt to changing market conditions and financial constraints while continuing to advance their exploration portfolios in mineral-rich regions like British Columbia.

The Atsutla Gold project's location in northwestern British Columbia positions it within a region known for mineral potential, and the Golden Echelon claim's strategic position between the Snook and Highland zones could represent significant exploration opportunity. The amended agreement terms may influence how other exploration companies structure similar option agreements in the current economic environment.

Additional information about Trailbreaker Resources and its projects is available at https://TrailbreakerResources.com. The company maintains focus on mining-friendly jurisdictions in British Columbia and Yukon Territory, with an experienced management team guiding its exploration activities.