Mr. Chris Huggins reports

TROUBADOUR RESOURCES ANNOUNCES MOBILIZATION TO SENNEVILLE PROPERTY TO PREPARE FOR UPCOMING 5,000 METRE DRILL PROGRAM

Troubadour Resources Inc. has been granted an intervention permit for mining activities (permit No. 3033460) by the Ministere des Resources Naturelles et des Forets (MRNF) its Senneville copper-gold property, in the eastern Val d'Or district. This document permits the company to begin access and drill pad preparations in advance of the company's planned maiden 5,000-metre drill program in late November following the company's successful third quarter where it raised $4,455,000.

The property is prospective for both orogenic gold and polymetallic VMS-style (volcanic massive sulphide) mineralization and includes 230 mineral claims totalling over 12,000 hectares 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 the Probe's Novador development project to the south (6,405,000 ounces M&I (measured and indicated) and 1,550,200 ounces inferred).

Highlights:

• Five thousand metres of diamond drilling are planned for the program with drill pads permitted over the entire principal 11-kilometre trend of mineral occurrences (gold (Au), zinc (Zn), silver (Ag)), which are spatially associated with the contacts of a prominent komatiite unit, as well as the crustal-scale Garden Island fault.
• Induced polarization (IP) survey to be conducted prior to drill program to refine targets in the vicinity of the historic Gustave-Cere gold showing, where historic grab samples have yielded up to 49.5 grams per tonne (g/t) gold (Au), channel samples of up to 6.5 g/t Au over 1.8 metres and drilling has identified up to 18.15 g/t Au over 0.85 metre (Oct. 21, 2024 news release).
• Biogeochemical sampling grids targeting areas recommended as VMS exploration targets (Pilote, 2016), to establish a baseline for bedrock geochemistry that will develop regional drill targets and help guide future exploration (Aug. 2, 2024, news release).

Two phases of diamond drilling are currently planned:

• Phase 1: 2,000-metre (m) drill program planned to commence late-November, focusing on near-surface targets at the Gustave-Cere gold showing. The planned drilling will infill gaps in pierce points at the Gustave-Cere gold showing, as well as test for continuity of mineralization between Au-bearing drill holes along the hangingwall contact of the Senneville komatiite; and
• Phase 2: 3,000-metre drill program planned to test the VMS potential of the same of the principal trend. Zinc (Zn) and Ag occurrences were discovered in 2009 and 2023 in favourable volcanic stratigraphy for VMS formation, but were not followed up with subsequent exploration.

Phase 1

An initial 2,000 metres in 11 drill holes are planned around the historic Gustave-Cere gold showing, in which high-grade gold is hosted in quartz-carbonate-tourmaline veins that bear many similarities to the gold-bearing veins of the neighbouring Novador deposits. Historical grab samples here have yielded up to 49.5 g/t Au, channel samples up to 6.5 g/t Au over 1.8 metres and drilling has identified up to 18.15 g/t Au over 0.85 metre. This showing has been defined by drilling for approximately 361 m of strike length immediately around the showing, but much of the host structure remains to be tested. Compilation work that includes the most recent drilling at the Gustav Cere showing suggests several parallel horizons of gold mineralization, with much of the strike length remaining open:

1. Historic drilling in the 1980s (AHS series) targeted a horizon of gold-bearing quartz veins along the footwall of the Senneville komatiite and underneath the surface trench, where historic work reports grab samples up to 49.5 g/t Au.
2. Recent drilling, in 2012 (SV-12-03; GM68366) and 2021(XR-21-01A; GM72154), intersected higher Au-grade drill intercepts along the hangingwall contact of the Senneville komatiite, 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, however, assays are not reported for this interval.

Phase 2

The next stage of the program is planned to include 3,000 metres of drilling in 15 holes that will target areas of the property that have been recommended as exploration targets for VMS mineralization, based on the presence of metal occurrences (Zn, Ag, Au), aluminous alteration assemblages (garnet, chlorite, biotite) and prospective volcanic stratigraphy (felsic volcanic rocks hosting brecciated massive pyrite, exhalite and cherty horizons, associated with ultramafic volcanic rocks). Drilling in this phase will focus on historically documented Zn and Ag occurrences and the company intends to review the results of the biogeochemical sampling program prior to finalizing proposed drill hole locations.

Drill holes will target areas of prospective geology and geophysical anomalies that are situated at different stratigraphic levels within the principal trend hosting the Gustave-Cere gold showing. These drill holes will tie-in to the area covered by phase 1 diamond drilling, to confidently test the continuity of mineralization across the strike length of this 11-kilometre zone. Drilling this phase will focus in three zones:

1. The northwestern area, where Zn and Ag occurrences were discovered in 2009 (GM64915) but not subsequently followed up. This area hosts input EM anomalies associated with felsic volcanic rocks that have not been targeted with drilling. Aluminous alteration assemblages, comprising coarse-grained garnet in a groundmass of pervasive chlorite, resemble alteration associated with VMS deposits;
2. The central region, where drilling by the previous claim holder (Xander Resources, 2023) intersected a 12-metre-wide (apparent thickness) blue-grey smokey quartz vein that assayed 10.7 g/t Ag over 12.23 metres, with individual samples returning up to 250 g/t Ag over 0.3 metre. This vein occurs in the hanging wall of the Senneville komatiite, approximately two km northest of the Gustave-Cere gold showing and approximately four km southeast of the VMS indicators mentioned above;
3. Southeast of the Gustav Cere gold showing is the historic Father George-Beland Zn occurrence, where grab samples returned up to 0.9 per cent Zn. Holes in this area are designed to intersect the untested strike length of the Senneville komatiite that connect this Zn anomaly with overlapping MMI metal anomalies southeast of the Gustave-Cere showing (Pelletier, 2023).

Qualified person

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

About Troubadour Resources Inc.

Troubadour Resources 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.

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