Mr. Chris Huggins reports

TROUBADOUR RESOURCES ANNOUNCES COMPLETION OF IP SURVEY AHEAD OF MAIDEN DRILL PROGRAM AT THE SENNEVILLE GOLD-COPPER PROJECT

Field data collection has been completed for an induced polarization survey at Troubadour Resources Inc.'s Senneville copper-gold property in the eastern Val d'Or district.

The property is prospective for both orogenic gold and polymetallic volcanogenic massive sulphide style 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 approximately 6.7 million ounces gold measured and indicated and approximately 3.3 Moz gold inferred (Probe news release dated Sept. 5, 2024).

* Readers are cautioned that the geology of nearby properties is not necessarily indicative of the geology of the project.

Val d'Or-based geophysical contractor Geophysique TMC completed field data collection for the IP survey along planned lines (see Nov. 15, 2024, news release) in the vicinity of the historic Gustave-Cere gold showing. TMC is currently preparing the 3-D inversions that will help Troubadour identify chargeability and resistivity contrasts associated with mineralized veins. The company intends to review the results of these inversions before finalizing the locations of drill holes for the coming maiden drill program (see Oct. 15, 2024, news release), for which field preparations have already begun.

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 Gustave Cere gold showing comprises gold-bearing 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 grams per tonne gold and 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. 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.

Diamond 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 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 drilling, in 2012 (SV-12-03 and GM68366) and 2021 (XR-21-01A and 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; however, assays are not reported for this interval.

Diamond drilling by the previous claimholder, 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), which are being followed up with the company's recently completed biogeochemical sampling grids (Nov. 20, 2024, news release).

The locations of the drill holes to be included in the company's maiden drill program are not yet finalized, and the company intends to await the geophysical inversions from the current IP survey before proceeding with the diamond drill program. Results from the recently completed surface geochemical sampling programs (Nov. 20, 2024, news release) will also be used to help refine drill hole targets.

The company also announces that it has entered into an agreement with Departures Capital Inc., pursuant to which Departures has agreed to provide digital marketing services to the company, including videos on YouTube and TikTok, and written articles, posts and e-mail newsletters on the CEOS Daily website. Pursuant to the agreement with Departures, the company has agreed to pay Departures $10,500 (U.S.). The agreement is for an initial term of three months, commencing on Dec. 1, 2024, and may be renewed by mutual agreement of the company and Departures at that time. Departures is arm's length to the company, and, to the knowledge of the company, Departures and its principals do not have any present equity interest in the company's securities, directly or indirectly, or any right to acquire any equity interest.

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 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 gold inferred) to the north and the Probe's Novador development project to the south (6,405,000 oz Au measured and indicated and 1,550,200 oz 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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