Troubadour Re­sources be­gins drilling at Amar­illo

Stockwatch Daily - - MINES & METALS - Mr. Ge­off Schel­len­berg re­ports

TROUBADOUR RE­SOURCES Inc. has be­gun a maiden drill pro­gram at its 100-per-cen­towned Amar­illo project lo­cated ap­prox­i­mately 30 kilo­me­tres west of the town of Peach­land. The 2,000-me­tre pro­gram will fo­cus on the trench anom­aly that the com­pany be­lieves to be the lo­ca­tion of a his­toric trench, which was sam­pled in the 1960s and re­turned grades of 0.87 per cent cop­per over a 125-me­tre length.

Key high­lights of the trench anom­aly:

• Text­book geo­phys­i­cal sig­na­ture of a buried me­tal-rich por­phyry sys­tem;

• Strong charge­abil­ity anom­aly co­in­ci­dent with a com­ple­men­tary re­sis­tiv­ity low;

• An over­lap­ping cop­per, molyb­de­num, bis­muth, lead and zinc soil geo­chem­i­cal anom­aly.

• Where the geo­phys­i­cal anom­aly comes to sur­face, it is co­in­ci­dent with what the com­pany be­lieves to be the his­toric trench lo­ca­tion.

“All the fac­tors gath­ered to date at Amar­illo sup­port a ma­jor me­tal-rich por­phyry sys­tem. This prop­erty has never seen a drill hole, so you can un­der­stand our level of an­tic­i­pa­tion to fi­nally have the op­por­tu­nity to drill test be­low the his­toric cop­per-min­er­al­ized trench anom­aly,” com­mented Ge­off Schel­len­berg, pres­i­dent and a di­rec­tor of Troubadour Re­sources. Man­age­ment plans to com­plete this ini­tial drill pro­gram prior to Christ­mas, with re­sults ex­pected by early Fe­bru­ary, 2019.

Per­mit­ting to drill test the other pri­or­ity tar­gets is un­der way, with plans to drill test them as per­mits are re­ceived. Full Force Di­a­mond Drilling of Peach­land, B.C., has been con­tracted to con­duct the drilling.

Pa­trick McLaugh­lin, PGeo, a qual­i­fied per­son as de­fined by Na­tional In­stru­ment 43-101, has re­viewed and ap­proved the con­tents of this news re­lease.

About Troubadour Re­sources Inc.

Troubadour Re­sources has been en­gaged in the ac­qui­si­tion and pre­lim­i­nary ex­plo­ration of its 100-per-cen­towned Amar­illo project lo­cated ap­prox­i­mately 30 kilo­me­tres west of the town of Peach­land and 71 kilo­me­tres north­east of the town of Prince­ton in south­west­ern Bri­tish Columbia, Canada.

The Amar­illo project con­sists of seven min­eral tenures to­talling 4,178 hectares and is si­t­u­ated within the heart of a ma­jor min­ing district. The Amar­illo project ex­hibits ar­eas en­riched in cop­per, molyb­de­num and gold; in ad­di­tion to ar­eas that host skarn-style min­er­al­iza­tion highly anoma­lous in tung­sten.

The mul­ti­ele­ment sig­na­ture of the Amar­illo project is con­sis­tent with a large mul­ti­phase min­er­al­iz­ing sys­tem and is acutely sim­i­lar to some of the neigh­bour­ing world-class min­ing op­er­a­tions such as the Brenda cop­per-molyb­de­num-sil­ver-gold por­phyry mine lo­cated 10 kilo­me­tres to the north that pro­duced 278,000 tonnes of cop­per, 66,000 tonnes of molyb­de­num, 125 tonnes of sil­ver and two tonnes of gold over a 20-year mine life.

We seek Safe Har­bor.

Paul Po Luk Chung, Gary David Al­bert Schel­len­berg, Ge­off Schel­len­berg, Jack Michael Sieb

(TR) Shares: 20,961,010

Newspapers in English

Newspapers from Canada

© PressReader. All rights reserved.