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Trailbreaker Resources Ltd V.TBK

Alternate Symbol(s):  APRAF

Metals & Mining Gold
Trailbreaker Resources Ltd. is a mineral exploration company. The Company holds eight mineral properties in British Columbia (BC) and two properties in Yukon Territory. The Atsutla Gold project consists of over 36 mineral tenures covering over 40,000 hectares (ha) of underexplored, highly prospective ground in northwestern BC. The Skelly property covers over 2,525.59 ha (two claims) and is located just south of the British Columbia-Yukon border, approximately 100 kilometers (km) southwest of Whitehorse, Yukon Territory. The McMurdo property covers over 1727.62 ha (one claim) and is situated in southeastern BC within the Spillimacheen Mountain Range, 30 km southwest of Golden, BC. The Eakin Creek property is located 100 km north of Kamloops, BC and covers 1,610 ha of prospective ground that drains into placer gold-bearing Eakin Creek. Its Connector Gold property is located approximately 40 km west of Kelowna and 55 km southeast of Merritt in south-central BC and covers over 1,894 ha.


TSXV:TBK - Post by User

Trailbreaker Resources Ltd
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(4)
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Comment by NickelOneon Oct 03, 2018 7:03am
175 Views
Post# 28735281

RE:RE:RE:Denver gold forum

RE:RE:RE:Denver gold forum
stockbaby wrote: I would not be surprised if NEWMONT closed down the entire operation, or slowed it down big time.


Newmont has almost completed 2017-2018 commitments of Phase 1 to spend 14.65M on Plateau exploration, including the PP in GSR and first cash payment of 1M. Shutting down exploration on a 662 sq km land package after drilling less than 8,000 meters would make absolutely no sense. Of course they can walk away from the deal any time, but this would only happen if the drill results are as bad as the 2017 results. I doubt they were not able to define better drilling targets with the technology and expertise they have available. There is more to come to this story...

GLTA
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities