Mr. Chris Huggins reports

TROUBADOUR RESOURCES ANNOUNCES IP GRID SURVEY AHEAD OF 5,000 METRE DRILL PROGRAM AT THE SENNEVILLE GOLD-COPPER PROJECT

Troubadour Resources Inc. has finalized its plans for an induced polarization survey at its Senneville copper-gold property in the eastern Val d'Or district, Quebec.

The property is prospective for both orogenic gold and polymetallic volcanogenic massive sulphide style mineralization and comprises 230 mineral claims totalling over 12,000 hectares located within the prolific Val d'Or mining camp between Probe's McKenzie Break deposit (1,453,400 ounces inferred) to the north and Probe's Novador development project to the south (6,405,000 ounces measured and indicated and 1,550,200 ounces inferred).

The company has retained Val d'Or-based geophysical contractor Geophysique TMC to conduct the IP survey, which will be focused on the vicinity of the historic Gustave-Cere gold showing. Data collection for the IP survey will commence in late October, and the company plans for the results of the survey to be available to aid in drill hole targeting for the start of the diamond drill program in November.

A total of 5,000 metres of drilling is planned following the company's successful third quarter, where it raised $4,455,000. The drilling will focus on the property's principal 11-kilometre trend of mineral occurrences that are spatially associated with the contacts of a prominent komatiite unit that trends through the property, hereafter referred to as the Senneville komatiite.

The Senneville property hosts the historic Gustave-Cere gold showing, in which high-grade gold (up to 18.75 grams per tonne gold over 0.85 metre, based on historical results) is hosted in quartz-carbonate-tourmaline veins that bear many similarities to the gold-bearing veins of the neighbouring Novador deposits. Historical grab samples have yielded up to 49.5 g/t Au, historical channel samples have yielded of up to 6.5 g/t Au over 1.8 metres and historical drilling has identified up to 18.15 g/t Au over 0.85 metre. This showing has been defined by drilling for approximately 361 metres along strike, but other areas of the project have not been systematically explored for gold as the focus of historical work was largely on the property's volcanogenic massive sulphide potential.

Historical diamond drilling at the Gustav-Cere showing suggests several parallel horizons of gold mineralization, with much of the strike length remaining open:

1. Historical drilling in the 1980s targeted a horizon of gold-bearing quartz veins along the footwall of a komatiite unit and underneath the surface trench, where historic work reports grab samples up to 49.5 g/t Au.
2. Recent historical drilling, in 2012 (SV-12-03; GM68366) and 2021 (XR-21-01A; GM72154), intersected gold-bearing quartz veins along the hangingwall contact of the same komatiite unit, where relatively minor drilling has been focused.
3. A third horizon of gold mineralization is suggested by the presence of visible gold in 1981 drill hole SNF-3 (GM37553); however, assays are not reported for this interval.

Diamond drilling by the property's optionor, Xander Resources, returned silver anomalies (up to 250 g/t silver over 0.33 metre in drill hole SN2304, within a broader interval of 10.7 g/t Ag over 12.23 metres) within smoky blue-grey quartz-carbonate veining approximately 1.6 kilometres along trend from the Gustav-Cere showing. The silver-bearing veins are situated at the hangingwall contact of the same komatiite unit that is associated with gold mineralization at the Gustav-Cere gold showing. Primary lithological contacts are an excellent pathway for mineralizing fluids, presenting both structural and chemical contrasts to precipitate metals out of hydrothermal fluids. This contact has not been drilled over the 1.6-kilometre trend that connects the silver anomaly and the gold intercepts at the Gustav-Cere showing, and elevated abundances of silver are commonly associated with gold at the Gustav-Cere gold showing. This set of veins is also along trend from zinc and silver occurrences discovered in 2009 (GM64915).

The locations of the drill holes to be included in the company's maiden drill program are not yet finalized. Targets are being designed based on systematically reviewed historic drill hole data and the recently initiated geochemical and geophysical surveys. Mobile metal ion sampling by the previous claimholder was carried out in the vicinity of the Gustave-Cere trench in 2023 and generated overlapping metal anomalies along strike to the east of the gold-bearing trench, which will also be incorporated into the planning of the coming diamond drill program.

Retraction

The company also wishes to retract certain statements made in its news release dated Oct. 10, 2024.

The previous news release incorrectly announced that James Walker had joined the company's advisory board. Due to a miscommunication, the company had been led to believe that Mr. Walker had consented to joining the advisory board, but Mr. Walker had not been authorized to do so by his employer. Going forward, Mr. Walker has no intention to advise the company in any capacity.

Qualified person

The technical content of this news release has been reviewed and approved by Deepak Varshney, PGeo, a qualified person as defined by National Instrument 43-101. Historical reports provided by Senneville's optionors were reviewed by Mr. Varshney. The historical information provided has not been verified and is being treated as historic non-compliant intercepts.

About Troubadour Resources Inc.

Troubadour 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, on the OTCPK Exchange under the symbol TROUF, and on the Frankfurt, Berlin and Tradegate stock exchanges under the symbol A3DBDE.

Troubadour's flagship project is the Senneville gold-copper project. Composed of 230 mineral claims totalling over 130 square kilometres, the Senneville project is located within the prolific Val d'Or mining camp between Probe Gold's McKenzie Break deposit (1,453,400 ounces inferred) to the north and 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.

We seek Safe Harbor.