Mr. Chris Huggins reports

TROUBADOUR RESOURCES ANNOUNCES RESULTS OF INDUCED POLARIZATION SURVEY AT THE SENNEVILLE GOLD-COPPER PROJECT AHEAD OF MAIDEN DRILL PROGRAM

Troubadour Resources Inc. has released the results of its recently completed induced polarization (IP) survey at the 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 255 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-millino-ounce gold measured and indicated and 3.3 Moz gold inferred (Probe news release Sept. 5, 2024).

Highlights:

• The survey identified chargeability anomalies along the hangingwall and footwall contacts of the Senneville komatiite in areas where there had been no previous diamond drilling.
• These zones are within areas host to previously proposed diamond drill holes, where work by the previous claimholder had returned Ag (silver), Cu (copper) and Zn (zinc) metal anomalies.
• The company has adjusted the location of the previously proposed diamond drill holes to ensure the chargeable zones are tested in the upcoming maiden drill program.

Val d'Or based geophysical contractor Geophysique TMC conducted the IP survey, which was focused on the vicinity of the historic Gustave-Cere gold showing. The results from the survey highlight chargeability anomalies along the hangingwall and footwall contacts of the Senneville komatiite, reinforcing Troubadour's exploration hypothesis that zones of mineralization are localized along the contacts of this geologic marker unit.

Troubadour had proposed diamond drill holes along the untested strike length of the komatiite contacts as historic work was not focused here (Oct. 5, 2024, news release), and has now modified the previously proposed drill holes to intersect this chargeable zone. The two principal target zones are described below.

• Target zone 1: Southeast of the Gustav Cere gold showing, a continuous zone of elevated chargeability coincides with the southern contact of the Senneville komatiite. Despite being on trend with the historic gold showing and along the same geologic horizon, this trend has never been tested with diamond drilling. A MMI survey by the previous claimholder, Xander Resources, generated overlapping Ag, Cu and Zn anomalies within this area that overlie the chargeable zone identified here.
• Target zone 2: Approximately 800 metres northwest of the Gustav Cere gold showing, a discrete chargeability high aligns with the northern contact of the Senneville komatiite, the same unit associated with gold mineralization at the Gustav Cere gold showing. Northwest of this chargeability anomaly, the previous claimholder Xander Resources, intersected a 10-metre-wide blue-grey quartz vein that returned a widespread Ag anomaly (10.7 g/t Ag over 12.23 m and up to 250 g/t Ag over 0.3 m) along the same geologic contact, suggesting the mineralized veins extend to the northwest.

At the Gustave Cere gold showing, high-grade gold (up to 18.75 g/t Au 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. This showing has been defined by drilling for approximately 361 metres along strike, but stepouts along the strike length of the controlling geologic structure have been limited. Sulphide mineralization at the Gustav Cere showing consists of haloes of disseminated to stringer pyrite that mantle the gold-bearing veins. These zones transmit electrical currents, and thus, in an induced polarization survey, generate chargeability highs like the ones described above.

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 grams per tonne 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; however, assays are not reported for this interval.

"These results from our IP survey indicate two zones in the Val d'Or district that are favorable for gold mineralization but have not previously been targeted with diamond drilling," stated chief executive officer Chris Huggins.

He continued: "While the extent of the main showing has been defined through diamond drilling by previous claimholders, Troubadour wanted to approach the property with a fresh perspective that was not focused only on where historic work was. Our approach has provided compelling targets for new discoveries in the Val d'Or district, and we are eager to test these zones with the upcoming diamond drill program."

The results of the previously announced surface geochemistry programs are still pending, and Troubadour intends to await the results from these surveys to ensure the highest priority targets are the focus of the upcoming diamond drill program.

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

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