- Troubadour is pleased to provide an update on the planning and timing of the Company’s resumption and expansion of drilling at its 100% owned Amarillo Project
- The Company has submitted an amendment to its current exploration permit to the Ministry of Energy and Mines to allow for continued drill testing of multiple additional high priority targets on the Amarillo Property.
- Assays from the initial four-hole drill program completed in late 2018 are pending, but based on the magnitude of the hydrothermal alteration, sulphide mineralization and structural features observed in the initial round of drilling, an expansion of the drilling program is warranted, and drill pad locations have been determined and applied for to further test the highly prospective Trench Chargeability Anomaly.
- Amended drill pad locations were also included in the amended permit submission to allow the Company to increase the scale of the program by drill testing other high priority exploration targets previously defined on the property.
- Once drill core assay data is received by the Company it will aid in further refinement of the exploration plan.
- The Company is fully funded to resume drilling by late February /early March and complete up to an additional 1,500 metres of drilling in four to six drill holes prior to spring breakup.
- The Company invites shareholders and the investment community to visit us at booth #927 at the Vancouver Resource Investment Conference held at the Vancouver Convention Centre West on Sunday January 20 – Monday January 21, 2019.
Recent News: Troubadour to Resume and Expand Drilling at the Copper, Molybdenum, Gold Amarillo Project, Southwestern B.C.
In the Shadow of Copper Giants
The Amarillo Property is strategically located in close proximity to major low cost copper producers which gives it a distinct advantage for future development potential.
The multi-element signature of the Amarillo Project area is consistent with a large multi-phase mineralizing system and is acutely similar to some of the neighbouring world-class mining operations.
Porphyry Copper Target
Troubadour’s Exploration Team has worked diligently to define 4km long copper soil anomaly which is consistent with a large porphyry target.
The soil anomaly is also coincident with a large 6km x 2km airborne magnetic low, which is supported by a ground magnetic survey completed by Troubadour’s Team.
Historic sampling indicates the potential for near surface high grade copper evidenced by a 1966 trench sample which returned 0.87% copper over 125m*
*Trench Data Source: Philip, R.H.D. 1967; EMPR Assessment Report 01141 and Sutherland, Ian G. 1978; EMPR Assessment Report 07790. Historical information contained in this presentation is presented for historical reference only and cannot be relied upon as the Company’s QP, as defined under NI 43-101, has not prepared nor verified the historical information.