Troubadour Provides Update on Status of Drill Results for Texas Gold Project
Troubadour Provides Update on Status of Drill
Results for Texas Gold Project
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2021) -
TROUBADOUR RESOURCES
INC.
(TSXV: TR) (OTC Pink: TROUF) (the "Company") is pleased to provide an update on the status of
drill results from phase 1 drilling and announce plans to mobilize a geological crew to the Texas Gold
project in the coming weeks.
Drill Result Update
All of the core samples from the Company's 2,090m phase 1 drill program are now at the analytical lab
and being processed. Results are expected to be received in the next few weeks and will be released
once received and compiled by Troubadour's geological team.
The phase 1 drilling focused on the area
of the Doorn and Cabin targets where exceptional grades were encountered in surface rock sampling.
Next Steps
The Company will be mobilizing a geological crew to the Texas project in the coming weeks to extend
the known geophysical and geochemical corridor between the Doorn and Cabin targets.
Work will focus
on soil and rock sampling and a ground magnetometer survey to the north of the Cabin and south of the
Doorn to extend data coverage and refine drill targeting in advance of a phase 2 drill program.
The
Doorn and Cabin remain the primary focus for the Company's exploration efforts.
"As we eagerly await results from phase 1 drilling, we are excited to get crews back to the Texas to
complete necessary field work in advance of a phase 2 drill program.
Extending the Cabin and Doorn
targets will remain our primary focus in our upcoming phase 2 drilling," states Geoff Schellenberg,
Company President.
About the Texas Project
The road accessible Texas property covers historical mineral showings and is located 3 km southwest of
the town of Beaverdell and in close proximity to the past producing Beaverdell Mine
1
that was in
operation from 1896 to 1991.
The property covers ground prospective for vein hosted and bulk tonnage
precious metal deposits, based on at least seven historical and newly discovered gold occurrences on
the property and geological comparisons with the nearby Beaverdell Mine
1
.
Several showings are
present on the property, including two old mines and many older trenches, pits and adits that expose
mineralized veins.
The Beaverdell mining camp is predominately known for its silver production and the
presence of high-grade gold occurrences makes the Texas property unique and significantly more
attractive.
1
.
Referenced nearby historic resources, deposits and mines provide geologic context for the
Project, but are not necessarily indicative that the Project hosts similar potential, size or grades
of mineralization.
Patrick McLaughlin, P. Geo., a Qualified Person as defined by NI 43-101, has verified the exploration
data disclosed, including sampling, analytical and test data contained in the written disclosure, and has
reviewed and approved the contents of this news release.
About Troubadour
TROUBADOUR RESOURCES INC. (
TSXV: TR
) (
OTC Pink: TROUF
)
is a public Canadian mining
exploration company focused on copper and gold in British Columbia, Canada. The Company is
managed by an experienced team consisting of youthful and seasoned professionals with proven track
records as mine finders.
The newly acquired Texas gold property diversifies the Company's commodity
focus and compliments Troubadour's Amarillo copper project located 10 km south of the past-producing
Brenda Mine in southern BC and 35 km east of Kodiak Copper's MPD discovery.
For further information please contact:
Troubadour Resources Inc.
625 Howe Street, Suite 488
Vancouver, BC V6C 2T6
Geoff Schellenberg, President
Office: (604) 681-0221
Forward-Looking Information
Except for historical information contained herein, this news release contains forward-looking
statements that involve 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 detailed 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.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/87841