Northwire Canada EditionWednesday, August 5, 2026
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Regulatory

Trailbreaker Resources receives drill permit for Coho

By The Northwire Desk — AI Analysis Jan 19, 2026 · 18:55 TBK · 0.47 Trailbreaker Resources Ltd.
TBK · Price

Executive Summary

  • Trailbreaker Resources Ltd. has received a five-year multiyear area-based (MYAB) Mines Act exploration permit for its 8,000-hectare Coho property in central British Columbia.
  • The permit, approved by the B.C. Ministry of Mining and Critical Minerals, is valid until December 18, 2030, and authorizes diamond drilling, geophysical surveys, and infrastructure construction.
  • The company plans to conduct its inaugural drill program at the Coho zone during the 2026 exploration season, targeting an undrilled copper-gold porphyry system.

Key Details

  • Permit Details:
    • Issued by: B.C. Ministry of Mining and Critical Minerals.
    • Type: Five-year multiyear area-based (MYAB) Mines Act permit.
    • Expiry Date: December 18, 2030.
    • Scope: Property-wide exploration permit for the 8,000-hectare Coho property.
  • Approved Exploration Activities:
    • Diamond drilling based from up to 50 drill pads.
    • Construction or modification of exploration access trails (up to 15 km).
    • 20 line kilometers of ground geophysical surveys.
    • Construction of a temporary work camp.
  • Property Context & Location:
    • Located 30 km west of Centerra Gold’s Mount Milligan mine (which holds 1.2 billion lbs Cu and 2.8 million oz Au reserves).
    • Situated 90 km north of Fort St. James, B.C.
    • Located within the territory of the Takla First Nation; collaboration is ongoing regarding the future drill program.
  • Geological Target (Coho Zone):
    • Described as a drill-ready copper-gold (Cu-Au) porphyry target.
    • Defined by a 650 by 550 m Cu-Au-Ag surface rock and soil geochemical anomaly within diorite.
    • Spatially associated with the Coho fault and gabbro dikes.
    • Historical surface grab samples returned values up to 16.15 g/t Au, 16.35% Cu, and 67.3 g/t Ag.
    • 2022 airborne ZTEM and 2023 ground IP surveys identified a 400 m by 250 m by 200 m deep porphyry intrusive complex with a two-limbed IP chargeability high anomaly spanning >1.4 km.
  • Regional Comparables:
    • Pacific Empire Minerals (PEMC) Trident Property: Contiguous to the west; reported on Dec 15, 2025, an intercept of 0.77% Cu, 0.51 g/t Au, and 3.4 g/t Ag over 183.0 m from the A zone (3.5 km west of Coho).
    • Pacific Ridge Resources Chuchi Property: Located to the north; 2024 drilling returned 382.0 m of 0.19% Cu, 0.12 g/t Au, and 0.47 g/t Ag from the BP zone.
  • Acquisition History:
    • Claims acquired via option agreement signed in May 2025, allowing Trailbreaker to acquire a 100% interest.

Notable Quotes

  • "We are thrilled to receive this permit in time for the 2026 exploration season, allowing us to conduct the inaugural drill program at the Coho zone. This is an exciting opportunity to explore an undrilled Cu-Au porphyry target in a prolific mineral district." — Daithi Mac Gearailt, Chief Executive Officer
Read the original news release →

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