Troubadour Commences Drilling at the Amarillo Project, Southwestern B.C.
Troubadour Commences Drilling at the Amarillo Project,
Southwestern B.C.
Vancouver, British Columbia--(Newsfile Corp. - December 6, 2018) -
TROUBADOUR RESOURCES INC.
(TSXV: TR) (the
"Company") is pleased to announce the commencement of the Company's maiden drill program at its 100% 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% copper over a 125 metre length
(1)
.
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 Cu, Mo, Bi, Pb and Zn soil geochemical anomaly; and
Where the geophysical anomaly comes to surface it is coincident with what we believe 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", states Geoff Schellenberg, President and Director of the Company. 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 underway 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.
About Troubadour Resources Inc.
The Company has been engaged in the acquisition and preliminary exploration of its 100% 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 (7) 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 multi-element geochemical signature of the Amarillo Project is consistent with a large multi-phase mineralized system. It is
acutely similar to some of the neighbouring world-class mining operations, such as the Brenda Cu-Mo-Ag-Au 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 2 tonnes of gold over a 20-year mine life (source: Brenda Mines website).
Troubadour's exploration team has worked diligently to define a 4 km long copper soil anomaly and IP chargeability anomaly that
is coincident with a historic trench that was reported in 1966 grading 0.87% copper over 125m
(1)
.
Over the intervening period
from the 1960's, the area received limited exploration such that the trench was subsequently mis-located. The opportunity was
lost until recent, when the Company rediscovered the trench and acquired the surrounding ground and is now intending on
unlocking its potential.
Patrick McLaughlin, P. Geo., a Qualified Person as defined by NI43-101, has reviewed and approved the contents of this news
release.
(1)
Tr
ench Data Source: Philip, R.H.D. 1967; EMPR Assessment Report 01141 and Sutherland, Ian G. 1978; EMPR
Assessment Report 07790. Historical information is presente
d for historical reference only and cannot be relied
upon as the
Company's QP, as defined under
NI 43-101, has not prepared nor verified the historical information.
Forward Looking Information
Except for historical information contained herein, this news r
elease contains forward-looking statements that invo
lve risks
and uncertainties. Actual results
may differ materially. Except as required pursuant to applicable securities laws, the
Company will not update these forward-looking statements to reflect events
or circumstances after the date hereof. More
detail
ed information about potential factors that
could affect financial results is included in the documents filed from time to
time with the Canadian securities regulatory authorities by the Company. Readers
are cautioned not to place undue reliance
on forward
looking statements.
For further information please contact:
Troubadour Resources Inc.
625 Howe Street, Suite 488
Vancouver, BC, V6C 2T6
Geoff Schellenberg, President
Office: (604) 681-0221
NEITHER TSX VENTURE EXC
HANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED
IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCUR
ACY OF THIS RELEASE.