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Troubadour Resources Intercepts Target Mineralization Near Surface during Phase 1 of the Multi-Phase Drill

Exploration Programs

Troubadour Resources Inc. TSX.V TR

troubadourresources.com

+1-437-855-4540

Troubadour Resources Intercepts Target Mineralization Near Surface during Phase 1 of the Multi-Phase Drill

Program at Senneville Gold-Silver-Copper Property

Vancouver, British Columbia / January 29, 2026 – Troubadour Resources Inc. (“TR”, “Troubadour” or the

“Company”) (TSXV:TR) (OTC:TROUF) (-FSE: 2QD0, WKN: A3DBDE) is pleased to announce that the Company has

intercepted target mineralization during Phase 1 of the multi-phase drill program at its Senneville Gold-Silver-Copper

property (“Senneville” or the “Property”).

Phase-1 Drill Campaign Highlights:

▪ Completed phase-1 drilling campaign was focused on the Gustav Cere showing based on the data obtained from

the recently completed induced polarization (IP) surveys (see press release dated January 18, 2026).

▪ The high-grade gold mineralization seen at the Property is hosted in quartz -carbonate-tourmaline veins along

the both footwall and hanging wall of the Senneville Komatiite that bear many similarities to the gold -bearing

veins of the neighboring Novador deposits.

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

Target mineralization intervals were intercepted along all seven phase-1 drilling campaign drill holes (Fig. 1)

Drill hole s SV-25-002, SV-25-007, SV -25-006 and SV -25-003 intercepted the longest cumulative mineralization

intervals:

▪ SV-25-002: 57.8 metres of target mineralization was intercepted beginning at 20.14 metres downhole, with

multiple intervals over 4 metres in width up to 19.35 metres.

▪ SV-25-007: 50.6 metres of target mineralization was intercepted beginning at 2.65 metres downhole, with

multiple intervals over 5 metres in width up to 21.5 metres.

▪ SV-25-006: 44.6 metres of target mineralization was intercepted beginning at 15.01 metres downhole, with

multiple intervals over 3 metres in width up to 7.4 metres.

▪ SV-25-003: 39 metres of target mineralization was intercepted beginning at 2.65 metres downhole, with multiple

intervals over 5 metres in width up to 13 metres.

The mineralization is mainly associated with quartz carbonate veins and veinlets in forms of disseminated sulfides,

stringers, clusters and fracture filling within sheared and deformed lithological terrains (Fig. 2). The main mineralization

hosting lithology is sheard and deformed volcanics dominantly in form of mafic volcanics (basalt) and less intermediate

sequences including andesite and volcanosediments.

Figure 1 – Summary of the Mineralized Intervals Downhole the Phase-1 Drill holes

Figure 2- Forms of Mineralization intercepted along the drill holes in Phase-1

The mineralized sections of SV-25-002 dominantly including pyrite and less pyrrhotite with trace magnetite in different

forms of disseminated, cluster, stringer, and fracture filling are hosted within the sequence of sheared and partially

extensionally deformed mafic to intermediate volcanic and less intermediate tuff rock formations associated with quartz-

carbonate vein and veinlet system and the main alteration products of chloritization, carbonatization, and less

biotitization and silicification. Figure 3 illustrates the longest intercepted mineralized interval downhole this drill hole.

Figure 3 - The longest mineralized section along drillhole SV-25-002.

The mineralized sections of SV -25-007 dominantly including pyrite and less pyrrhotite in different forms of

disseminated, cluster, stringer, and fracture filling are hosted within the sequence of sheared and partially extensionally

deformed mafic volcanics and less intermediate intrusions and volcanoclastic rock formations associated with quartz -

carbonate vein and veinlet system and the main alteration products of chloritization, carbonatization, and less

silicification and biotitization. Figure 4 illustrates the longest intercepted mineralized interval downhole this drill hole.

Figure 4 - The longest mineralized section along drillhole SV-25-007.

The mineralized sections of SV -25-006 dominantly including pyrite and less pyrrhotite with some trace magnetite in

different forms of disseminated, cluster, stringer, semi-massive and fracture filling are hosted within the sequence of

sheared and partially extensionally deformed mafic volcanic and less intermediate volcanics, volcano sediments and

intrusion rock formations associated with quartz-carbonate vein and veinlet system and also main alteration products of

chloritization, carbonatization, biotitization, and less silicification and seriticization. Figure 5 illustrates the longest

intercepted mineralized interval downhole this drill hole.

Figure 5 - The longest mineralized sections along drillhole SV-25-006.

The mineralized sections of SV-25-003 dominantly including pyrite and less pyrrhotite in different forms of

disseminated, cluster, stringer, and fracture filling are hosted within the sequence of sheared and partially extensionally

deformed mafic to intermediate volcanic , and less mafic intrusion as well intermediate volcanic and intrusion rock

formations associated with quartz-carbonate vein and veinlet system and the main alteration products of chloritization,

biotitization and carbonatization, and less silicification. Figure 6 illustrates the longest intercepted mineralized interval

downhole this drill hole.

Figure 6 - The longest mineralized sections along drillhole SV-25-003.

Property Summary

The Property is prospective for both orogenic gold and polymetallic VMS -style mineralization and comprises 212

mineral claims totalling about 119.5 km2, located within the prolific Val d’Or Mining Camp between Probe Gold’s

McKenzie Break deposit (25.5 Mt grading 1.77 g/t Au, 1,452,261 ounces Inferred1) to the north and the Probe’s Novador

Development Project to the south ( 177.5 Mt grading 1.12 g/t Au, 6,405,000 ounces M&I and 30.3 Mt grading 1.59 g/t

Au, 1,550,200 ounces Inferred2).

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 multi-phase 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 programs’ results.

The multi-phase drill program includes 5 promising target areas: Gustav Cere, Val Saint George, Contact, Vert Lake,

Golden Island Fault, and Milieu Lake Batholite (Fig. 7).

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 Au-grade drill intercepts (up to 18.75 g/t Au over 0.85 metres) along the hanging wall 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 drillhole SNF -3 (“a few small pinpricks of visible gold”; GM37553)

however assays are not reported for this interval.

Figure 7- Preliminary design for the 10,000m multi-phase drill program

Qualified Person

Babak V . Azar, P.Geo., géo (EGBC#62313, OGQ#10876), an independent Qualified Person as defined by the National

Instrument 43-101, has reviewed and approved the technical contents of this news release.

About Troubadour Resources Inc.

Troubadour Resources Inc. 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 V ancouver, BC, Troubadour trades on the TSX Venture Exchange under the symbol TR, the OTC

Markets under the symbol TROUF, and on the Frankfurt, Berlin and Tradegate Stock Exchanges under the symbol

2QD0/WKN:A3DBDE.

1. NI 43 -101 Technical Evaluation Report and Mineral Resource Estimate for the McKenzie Break Property,

Québec. Probe Gold Inc, Oct. 18th, 2024.

2. NI 43-101 Technical Report and Updated Mineral Resource Estimate for the Novador Project, Quebec. Probe

Gold Inc, 18th Oct, 2024

TROUBADOUR RESOURCES INC.

Zachary Kotowych, CEO and Director

For more information, please email Zachary Kotowych at [email protected] or call (437) 855 - 4540

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking statements:

This news release may include "forward -looking information" under applicable Canadian securities legislation . Such

forward-looking information reflects management's current beliefs and are based on a number of estimates and/or

assumptions made by and information currently available to the Company that, while considered reasonable, are subject

to known and unknown risks, uncertainties, and other factors that may cause the actual results and future events to differ

materially from those expressed or implied by such forward -looking information. Readers are cautioned that such

forward-looking information are neither pro mises nor guarantees and are subject to known and unknown risks and

uncertainties including, but not limited to, general business, economic, competitive, political and social uncertainties,

uncertain and volatile equity and capital markets, lack of availab le capital, actual results of exploration activities,

environmental risks, future prices of base and other metals, operating risks, accidents, labour issues, delays in obtaining

governmental approvals and permits, and other risks in the mining industry.

The Company is presently an exploration stage company. Exploration is highly speculative in nature, involves many

risks, requires substantial expenditures, and may not result in the discovery of mineral deposits that can be mined

profitably. Furthermore, the Company currently has no reserves on any of its properties. As a result, there can be no

assurance that such forward -looking statements will prove to be accurate, and actual results and future events could

differ materially from those anticipated in such statements.