12:17 PM EDT, 07/22/2024 (MT Newswires) -- Trailbreaker Resources ( APRAF ) said Monday its inaugural program at the Liberty property in British Columbia intersected a copper and molybdenum porphyry system.

The company said best results from a 2,442-meter drilling program included 34.2 meters testing at 0.47% copper equivalent and 13.5 meters testing at 0.33% copper equivalent.

"We are very excited to have hit porphyry and skarn mineralization in our inaugural drill program at Liberty. We recognize the significance of these results and understand that we may be looking at a large Cu-Mo system, with indications of the grade improving to the southeast. There is strong potential for further significant mineralization in this underexplored region. A property wide surface exploration program is currently underway that will help unlock the potential at Liberty," president Daithi Mac Gearailt said in a statement.

The company's shares were last seen down $0.03 to $0.50 on the TSX Venture Exchange.

Price: 0.50, Change: -0.03, Percent Change: -5.66