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Troubadour Resources Inc (2)
Symbol TR
Shares Issued 68,520,894
Close 2024-11-19 C$ 0.06
Market Cap C$ 4,111,254
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Troubadour completes geochemical sampling at Senneville

2024-11-20 15:48 ET - News Release

Mr. Chris Huggins reports

TROUBADOUR RESOURCES ANNOUNCES COMPLETION OF SURFACE GEOCHEMICAL SAMPLING PROGRAM AT THE DRILL-READY SENNEVILLE GOLD-COPPER PROJECT

Troubadour Resources Inc. has completed a surface geochemical sampling program at the Senneville copper-gold property in the eastern Val d'Or district.

Highlights:

  • Seven hundred forty-four samples of black spruce bark were collected on grids centred on three principal target areas to refine drill targets and develop more grassroots targets for future detailed work.
  • Efficient sampling on the biogeochemical grid allowed for the expansion of the field program:
    • Three hundred fifty-five additional soil samples were collected to tie into an MMI (mobile metal ion) soil sampling grid by the previous claimholder (Xander Resources, Aug. 29, 2023, news release).
    • Thirty-one rock grab samples were collected in the vicinity of the Gustav Cere gold showing and in the northwestern portion of the property, where recent logging operations exposed fresh outcrops.

The property is prospective for both orogenic gold and polymetallic VMS-style (volcanogenic massive sulphide) mineralization and comprises 230 mineral claims located in the eastern part of the Abitibi greenstone belt, approximately 25 kilometres northeast of the gold mining centre of Val d'Or, Que. It covers over 12,000 hectares of ground and is contiguous with Probe Gold's Val d'Or East properties to the north and south, which host a combined resource of 6.7 million ounces gold measured and indicated and 3.3 million ounces gold inferred (see Probe's news release dated Sept. 5, 2024).

Note: Readers are cautioned that the geology of nearby properties are not necessarily indicative of the geology of the project.

The volcanic rocks of the Lanaudiere formation dominate the bedrock geology of the claim group and in addition to hosting orogenic gold showings have also been identified as having a high potential to host polymetallic VMS deposits (Pilote, 2016). Troubadour identified three principal target areas for surface geochemical sampling grids to assess the VMS potential of the claim group and develop targets for future detailed work:

  1. Target area 1 is a recommended exploration target for VMS mineralization (Pilote, 2016), based on the presence of felsic to intermediate volcaniclastic rocks, containing massive pyrite blocks, being associated with ultramafic volcanic rocks or pyritic mudstones. It is situated along trend from the Gustave-Cere gold showing and host to zinc and silver occurrences that were discovered in 2009 (GM64915) but not subsequently followed up.
  2. Target area 2 comprises similar geology as target area 1 and is also recommended as an exploration target for VMS-style mineralization (Pilote, 2016). Exploration work in 1961 in this zone documented surficial showings of chalcopyrite and drill intercepts of up to 11.2 grams per tonne silver over seven feet in felsic volcanic rocks (GM12475).
  3. Target area 3 is prospective for gold mineralization along trend with the McKenzie Break mine, where gold is hosted in quartz-carbonate pyrite veins emplaced along subhorizontal brittle fractures in the westernmost extent of the Pascalis-Tiblemont batholith. Drilling in this area in 1981 intersected anomalous gold values (up to 1.8 grams per tonne gold) in quartz-carbonate veins that are similar to those described at the McKenzie Break mine (GM37685).

The company contracted mineral exploration specialist SL Exploration to complete the fieldwork. SL Exploration is a Quebec-based consulting company that specializes in surface geochemistry exploration techniques used to identify buried mineral deposits and has successfully identified multiple soil discoveries in the James Bay and Abitibi regions.

"This work represents an important stage in Troubadour's exploration strategy, which is to vector exploration efforts outwards from areas of known mineralization into underexplored areas primed for new discoveries," stated chief executive officer Chris Huggins.

He continued: "This program was run in tandem with more detailed work at the Gustav Cere gold showing, which includes the recently initiated high-resolution, ground-based geophysics and upcoming planned diamond drilling program. This strategy will allow us to grow the known mineralization of our more advanced-stage targets while simultaneously developing a pipeline of more grassroots targets for further detailed work in the future."

About biogeochemical sampling

Biogeochemical surveys are exploration techniques that excel at testing for buried mineralization not exposed at the surface by sampling and analyzing whole or selected parts of plants. Black spruce bark sampling, in particular, has proved to be an effective method in the region, identifying metal anomalies associated with gold and copper mineralization on adjacent properties in the Abitibi region, where there is little to no outcrop exposure (Wallbridge Resources, Gaillard, 2021; Midland Exploration, St-Cyr, 2021; Probe Gold news release June 29, 2024).

Sample collection methods

Field workers utilized the Fulcrum field data collection application to navigate to predetermined points for the soil sample and black spruce bark sample collection. Sampling sites are described in detail in the Fulcrum application before samples were bagged.

Tree bark samples were collected from black spruce trees at roughly chest height and as much as possible from trees of roughly the same size, width, height and forest density to standardize sample collection. Tree bark was collected from the dry outer bark of the trunk of the tree and placed in brown cotton bags with a sample tag inserted and the corresponding number written in black permanent marker on the outside of the bag. Ideally 150 to 200 grams of bark were collected at each sample station. Station details include physiography of the region, drainage of the area, tree diameter and density of the forest.

Soil samples were collected using hand augers at constant depth, between 0.25 metre and 0.50 metre in depth, or about 10 centimetres to 20 centimetres below the lowermost organic horizon. The majority of samples were collected from the B horizon, except for those sites with shallow soils or overlain with peat organics. Pebbles and organic material such as roots were removed from soil samples prior to bagging and handling of the material was done with gloves to prevent alteration of the samples. Samples consisted of roughly 500 grams of soil from this depth and were placed in a Ziploc bag and sealed before being placed into a second Ziploc bag labelled with the sample number and containing the sample tag to prevent cross-contamination or alteration. Soil station descriptions include the depth of material collected, the matrix of the material, its colour, wetness, the amount of pebbles and their lithologies, and the presence of quartz fragments.

Rock grab samples were obtained from outcrop using rock hammers and chisels where necessary. A representative sample is collected -- about a pound in weight. A single chunk is preferable, but sometimes rock chips are the only recoverable material. If possible, the weathered surface is removed. The same outcrop can be sampled many times if mineralization is visible or inferred or if different lithologies are present. Rock grab sample locations were recorded using a hand-held GPS (Global Positioning System) and marked with flagging tape, the sample ID and the initials of the sampler.

All samples collected were stored in a locked facility at camp until ready to be shipped to the lab. Sample bags were reviewed a second time prior to shipping to ensure all samples were properly identified prior to transport. Samples were then placed into white rice bags labelled with the sample sequence, bag number, destination, project and sampler and transported directly to ActLabs or Agat Val d'Or by the project supervisor.

Quality assurance/quality control

Troubadour Resources employs a rigorous QA/QC program to ensure best practices. Sample duplicates, standards and blanks were inserted regularly into the sample sequences as appropriate for the various analyses. Where black spruce trees ideal for collection were encountered, additional duplicates were collected and inserted into the sample sequence and clearly marked to ensure a satisfactory amount of quality assurance.

The sample preparation and the analysis are to be carried out by Activation Laboratories Ltd. (Actlabs) in Ancaster, Ont. The method is Actlabs 2G-modified for unwashed dry vegetation. Actlabs is an accredited laboratory meeting international standards ISO 9001:2000 with certification No. CERT-0032482 and the Canadian Association for Laboratory Accreditation Inc.'s Standard ISO/IFC17025:2005 accreditation No. A3200.

Analysis of the rock grab samples will be performed by Agat Laboratories Ltd. using gold fire assay and 36-element ICP-OES. Agat Laboratories is an accredited laboratory meeting international standards ISO 9001:2015 and ISO/IFC17025:2017 with SCC certification No. 15833. It is also accredited by the Canadian Association for Laboratory Accreditation's Standard ISO/IFC17025:2017 accreditation No. A3200.

Qualified person

James Macdonald, PGeo, an independent qualified person as defined by the National Instrument 43-101 and member of the Engineers and Geoscientists of Manitoba, has reviewed and approved the technical contents of this news release.

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. Based in Vancouver, B.C., Troubadour trades on the TSX Venture Exchange under the symbol TR, on the OTCQB 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. Comprising 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.

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