(TR.V) Nov. 8, 2018 – Troubadour Resources Inc. has announced a third highly prospective drill target, the Cap Anomaly, identified 1.6 kilometres north of the Trench Anomaly and the company’s upcoming maiden drill program, focusing on the Trench Anomaly, is on track and targeted for completion by the end of 2018.
The Cap Anomaly was identified through an expanded induced-polarization (IP) geophysical survey that revealed a pronounced 800-metre-wide and 150-metre-thick resistivity anomaly draped over and around a 400-metre-wide strong chargeable and conductive core. Surface outcropping of a strong silica-altered quartz feldspar porphyritic intrusion has been mapped in the area, with the silica flooding interpreted as the cause of the resistive anomaly. The high chargeable anomaly, fully capped and not exposed at surface, is interpreted as a textbook example of a buried mineralized core zone within a classic porphyry model.
The distinct geophysical features of the Cap Anomaly combined with a high degree of silica alteration denoting the strength of the impregnating fluids, a coincident copper-molybdenum-bismuth-lead-zinc soil geochemical anomaly and a favourable host rock, all indicate a highly prospective metal-rich porphyry target.
“The Amarillo property continues to impress,” said Troubadour president and director Geoff Schellenberg. “It feels like everywhere we look, there is further support for a major mineralized porphyry system underlying the property. With numerous high-quality drill target areas presenting themselves, our upcoming maiden drill program will focus on the most developed, the Trench Anomaly. We are clearly excited to begin drilling in the coming weeks.”
Troubadour Resources has been engaged in the acquisition and preliminary exploration of its 100-percent-owned 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. 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 anomalous enrichment in copper, molybdenum and gold, with skarn -style mineralization highly anomalous in tungsten also present.Disclaimer: ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.