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Troubadour Resources Inc (2)
Symbol TR
Shares Issued 70,068,574
Close 2026-01-16 C$ 0.035
Market Cap C$ 2,452,400
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Troubadour completes phase 1 drilling at Senneville

2026-01-19 10:23 ET - News Release

Mr. Zachary Kotowych reports

TROUBADOUR RESOURCES SUCCESSFULLY COMPLETES PHASE 1 OF THE MULTI-PHASE DRILL PROGRAM AT SENNEVILLE GOLD-SILVER-COPPER PROPERTY

Troubadour Resources Inc. has completed phase 1 of the multiphase drill program at its Senneville gold-silver-copper property.

Drilling focused around the Gustav Cere showing based on the data obtained from the recently completed induced polarization (IP) surveys. The high-grade gold mineralization seen at the property is hosted in quartz-carbonate-tourmaline veins along the both footwall and hangingwall of the Senneville komatiite that bear many similarities to the gold-bearing veins of the neighbouring Novador deposits; historic drilling in the vicinity intercepted gold intervals up to 18.75 grams per tonne over 0.85 metre, with much of the host structure remaining untested and most of the strike length remaining open to new discovery and expansion exploration programs.

The main concept of the plan was to test the continuity of the identified mineralization horizon in the Gustav Cere target zone along the contact of the Senneville komatiite through up to 500 metres southwest stepping out as well as to test possible parallel horizons along the hangingwall.

Seven drill holes totalling approximately 1,000 metres were drilled focusing on near-surface targets.

Property summary

The property is prospective for both orogenic gold and polymetallic VMS-style (volcanogenic massive sulphide) mineralization and comprises 212 mineral claims totalling about 119.5 square kilometres, located within the prolific Val d'Or mining camp between Probe Gold's McKenzie Break deposit (1,452,261 ounces inferred) to the north and the Probe's Novador development project to the south (6,405,000 ounces measured and indicated and 1,550,200 ounces inferred).

Note: Readers are cautioned that the geology of nearby properties is not necessarily indicative of the geology of the company's properties.

The company's multiphase drill program includes 75 drill holes that have been designed based on all the available historic and recently conducted information layers, including geological mapping and surveying, airborne geophysics, ground geophysics, geochemical surveys, and historic and recent drill program results.

The multiphase drill program includes five promising target areas: Gustav Cere, Val Saint George, Contact, Vert Lake, Golden Island Fault and Milieu Lake Batholite.

Historic drilling in the 1980s (AHS series, GM41852) targeted a horizon of gold-bearing quartz veins along the footwall of the Senneville komatiite. Recent drilling, in 2012 (SV-12-03, GM68366) and 2021 (XR-21-01A, GM72154), intersected higher gold-grade drill intercepts (up to 18.75 grams per tonne gold over 0.85 metre) along the hangingwall contact of the Senneville komatiite, where relatively minor drilling has been focused. A third horizon of gold mineralization is suggested by the presence of visible gold in 1981 drill hole SNF-3 (a few small pinpricks of visible gold, GM37553); however, assays are not reported for this interval.

Qualified person

Babak V. Azar, PGeo, Geo (EGBC No. 62313, OGQ No. 10876), an independent qualified person as defined by National Instrument 43-101, has reviewed and approved the technical contents of this news release.

About Troubadour Resources Inc.

Troubadour Resources is a North American mineral acquisition and exploration company focused on the development of quality critical mineral and precious metal properties that are drill ready with high upside and expansion potential. Based in Vancouver, B.C., Troubadour trades on the TSX Venture Exchange under the symbol TR, the OTC Venture Market under the symbol TROUF, and the Frankfurt, Berlin and Tradegate stock exchanges under the symbol A3DBDE.

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