Trailbreaker Resources Extends Payment Terms for Atsutla Gold Project Claim

Trailbreaker Resources Ltd. has amended the option agreement for a mineral claim at its Atsutla Gold project in northwestern British Columbia, providing the company with extended timelines and additional payment flexibility. The amendment modifies the original November 21, 2022 agreement with optionor Torrey Fredlund for the Golden Echelon claim block located between the Snook and Highland zones.

The original agreement required Trailbreaker to earn a 100% interest in the 132-hectare claim through staged share issuances totaling 80,000 common shares over three years plus a $25,000 cash payment. The amended agreement, signed November 3, 2025, extends the final payment deadline and provides alternative payment options. Under the revised terms, Trailbreaker must issue 25,000 common shares by November 16, 2025, and then by May 16, 2026, either pay $25,000 plus issue 50,000 shares or issue 175,000 common shares.

This amendment provides Trailbreaker with crucial financial flexibility during a period of increased exploration activity. The extended timeline allows the company to better manage its capital allocation while maintaining its position in the promising Atsutla Gold project. The Golden Echelon claim's strategic location between established zones positions it as a potentially valuable asset in Trailbreaker's portfolio.

The optionor retains a 1% Net Smelter Return royalty, with Trailbreaker maintaining the right to buy back this royalty within two years of exercising the option for $50,000 cash and 100,000 common shares. This royalty structure provides ongoing value to the original claim holder while giving Trailbreaker future flexibility to optimize project economics.

The amendment requires approval from the TSX Venture Exchange, maintaining regulatory oversight of the transaction. For additional information about Trailbreaker's projects, investors can visit TrailbreakerResources.com. The company's exploration focus in mining-friendly jurisdictions like British Columbia and Yukon Territory positions it to capitalize on regional mineral potential.

This agreement modification reflects the dynamic nature of mineral exploration financing and demonstrates Trailbreaker's strategic approach to managing its property portfolio. The extended payment terms may help the company navigate current market conditions while advancing exploration objectives in northwestern British Columbia's emerging gold district.