- Troubadour (TR) completes airborne survey and stakes additional ground at Amarillo
- An additional 752 hectares of ground was acquired by staking to cover a new geophysical anomaly
- Further interpretive work is ongoing, with a final report expected in the coming weeks
- The Amarillo Project consists of ten mineral tenures totalling 6,201 hectares
- Troubadour Resources Inc. (TR) is in the grey and is trading at C$0.16 at 3:35 pm ET, March 29
Troubadour Resources Inc. (TR) has completed its planned 610 line-kilometre airborne VTEM and magnetometer survey.
The survey took place over the company’s 100 per cent owned Amarillo Copper Project southwestern BC.
It received preliminary geophysical data from Geotech Ltd.
Upon initial review of this data, an additional 752 hectares of ground was acquired by staking to cover a new geophysical anomaly identified from the survey.
Further interpretive work is ongoing, with a final report expected in the coming weeks.
“From our initial review of the airborne data, we are very encouraged from what we see. We are eagerly awaiting the final results to enable us to formulate this year’s exploration plans,” states Company President Geoff Schellenberg.
The Amarillo project is host to some of the more prospective targets developed in the world-class southern BC porphyry belt in decades.
The multiple overprinting anomalies (e.g. soil geochem, prospecting and geophysical anomalies) established over the last couple of years compound the potential for a major discovery.
The Amarillo Project consists of ten mineral tenures totalling 6,201 hectares and is located 35 km east of Kodiak Copper’s MPD discovery.
The multi-element geochemical signature of the Amarillo Project is consistent with a large multi-phase mineralizing system.
It is acutely similar to some neighbouring mining operations, including the producing Copper Mountain mine, located 60 km to the southwest, and the past-producing Brenda mine located just 10 km to the north.
Troubadour Resources Inc. (TR) is in the grey and is trading at C$0.16 at 3:35 pm ET, as of March 29.
