Program Highlights:
Two grab samples* from the newly-staked
Man-portable backpack diamond drilling on the Gold Bug discovery returned 5.50 g/t Au over 70 cm.
A new polymetallic (Au/Ag/Cu/Pb/Zn) soil anomaly was discovered within recently-logged ground south of the bonanza-grade Doorn gold occurrence consisting of a linear gold-in-soil anomaly (19ppb to 459 ppb Au) flanking an overlapping Cu/Pb/Zn/Ag soil anomaly over a distance of 200 m and is open in most directions.
Overlapping Cu/Pb/Zn/Ag soil anomalies at the Midnight prospect coincide with historical workings discovered in 2018.
Grab samples are by definition selective. Grab samples are solely designed to show the presence or absence of mineralization, and are not intended to provide nor should be construed as a representative indication of grade or mineralization at the Project.
'The recently completed field program successfully identified a significant new and unexplained gold, silver and base metal soil anomaly that bears a striking resemblance to soil results surrounding the Doorn high-grade gold showing approximately 450 m NNE. Additionally, ground-truthing of the newly-acquired Inyo-Ackworth past-producer confirmed that the majority of the historical workings lay within our claims, and attractive gold and silver grades were sampled by the field crew right at surface. The team is excited to add this new data into the exploration model and continue to work towards making the next big discovery in the prolific
Previous technical work by Troubadour proved that intersecting north/south and east/west geochemical trends coincide with metal-enriched near-surface rock exposures, as evidenced by high-grade gold and silver in rock samples from the Cabin and Doorn prospects (See news release dated
The Gold Bug showing, rediscovered by Troubadour in 2020, was revisited and drilled with a man-portable backpack drill to follow-up on a significant chip sample that produced 8.19 g/t Au over 1.0 m. Drilling successfully verified mineralization, with core assays returning 5.5 g/t Au over 70 cm in visually barren quartz.
The Inyo-Ackworth past-producer, recently acquired by the Company through staking, was also ground-truthed and sampled during the field program. Surveying via handheld GPS confirmed that most of the historical workings fall within the newly staked ground and rock samples from surface produced exceptional results. These results are highlighted by a shear zone that returned 6.72 g/t Au, 509 g/t Ag, and 7.38 % Pb, and quartz vein float material from the main shaft dump pile assayed 1.08 g/t Au, 144 g/t Ag, and 5.25% Pb.
Additionally, the Midnight and Laurion targets were systematically explored for the first time via mapping, prospecting and soil/rock sampling. At the Midnight, coincident >90th percentile Ag-Cu-Pb-Zn soil anomalies covering 250 x 400 m highlight and expand upon historical workings rediscovered by the Property vendor in 2018. The Laurion was noted to be in poor disrepair and on steep slopes, but rock sampling from the apron of a large adit assumed to be the main Laurion working returned appreciable precious and base metals (see Table 1), highlighted by sample C0042151 that assayed 0.1 g/t Au, 170 g/t Ag, 0.11% Cu, 0.94% Pb and 0.49% Zn.
About Troubadour
Contact:
President
T: (604) 681-0221
E: geoff@troubadourresources.com
Forward Looking Information
Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Except as required pursuant to applicable securities laws, the Company will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Company. Readers are cautioned not to place undue reliance on forward looking statements.
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