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Troubadour Resources Inc
Symbol C : TR
Shares Issued 20,961,010
Close 2018-12-05 C$ 0.175
Recent Sedar Documents

Troubadour Resources begins drilling at Amarillo

2018-12-06 10:02 ET - News Release

Mr. Geoff Schellenberg reports

TROUBADOUR COMMENCES DRILLING AT THE AMARILLO PROJECT, SOUTHWESTERN B.C.

Troubadour Resources Inc. has begun a maiden drill program at its 100-per-cent-owned Amarillo project located approximately 30 kilometres west of the town of Peachland. The 2,000-metre program will focus on the trench anomaly that the company believes to be the location of a historic trench, which was sampled in the 1960s and returned grades of 0.87 per cent copper over a 125-metre length.

Key highlights of the trench anomaly:

  • Textbook geophysical signature of a buried metal-rich porphyry system;
  • Strong chargeability anomaly coincident with a complementary resistivity low;
  • An overlapping copper, molybdenum, bismuth, lead and zinc soil geochemical anomaly.
  • Where the geophysical anomaly comes to surface, it is coincident with what the company believes to be the historic trench location.

"All the factors gathered to date at Amarillo support a major metal-rich porphyry system. This property has never seen a drill hole, so you can understand our level of anticipation to finally have the opportunity to drill test below the historic copper-mineralized trench anomaly," commented Geoff Schellenberg, president and a director of Troubadour Resources. Management plans to complete this initial drill program prior to Christmas, with results expected by early February, 2019.

Permitting to drill test the other priority targets is under way, with plans to drill test them as permits are received. Full Force Diamond Drilling of Peachland, B.C., has been contracted to conduct the drilling.

Patrick McLaughlin, PGeo, a qualified person as defined by National Instrument 43-101, has reviewed and approved the contents of this news release.

About Troubadour Resources Inc.

Troubadour Resources has been engaged in the acquisition and preliminary exploration of its 100-per-cent-owned Amarillo project located approximately 30 kilometres west of the town of Peachland and 71 kilometres northeast of the town of Princeton in southwestern British Columbia, Canada.

The Amarillo project consists of seven mineral tenures totalling 4,178 hectares and is situated within the heart of a major mining district. The Amarillo project exhibits areas enriched in copper, molybdenum and gold; in addition to areas that host skarn-style mineralization highly anomalous in tungsten.

The multielement signature of the Amarillo project is consistent with a large multiphase mineralizing system and is acutely similar to some of the neighbouring world-class mining operations such as the Brenda copper-molybdenum-silver-gold porphyry mine located 10 kilometres to the north that produced 278,000 tonnes of copper, 66,000 tonnes of molybdenum, 125 tonnes of silver and two tonnes of gold over a 20-year mine life.

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