Total
0
Shares
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Troubadour Resources has begun a drill program at its Texas Project in British Columbia consisting of at least 2000 metres of diamond drilling
  • The program will test several geochemical and geophysical targets from recent sampling that discovered promising high-grade mineralization, including 373.8 g/t Au and 1,305 g/t Ag
  • Troubadour Resources is a public Canadian mining exploration company focused on copper and gold in British Columbia
  • Troubadour Resources Inc. (TR) is steady, trading at C$0.17 per share

Troubadour Resources (TR) has begun a drill program at its Texas Project in British Columbia consisting of at least 2000 metres of diamond drilling.

The program will test several geochemical and geophysical targets from recent sampling that discovered promising high-grade mineralization.

Samples completed from the rock mineralization in the Doorn target area have revealed gold grades of 373.8 g/t and silver grades of 1,305 g/t.

Geoff Schellenberg, President of Troubadour, commented,

“We are excited to finally drill this highly prospective target in an underexplored area of the historic Beaverdell mining camp. Results from surface sampling have shown the potential for both bonanza-grade and bulk tonnage intercepts. The ease of access, availability of infrastructure and good early season weather should allow for a very efficient program.”

The Texas property covers several historical mineral showings, including two old mines and many older trenches, pits, and adits that expose mineralized veins.

It is located southwest of Beaverdell, BC and covers prospective precious metal deposits.

Prospects are based on at least seven historical and newly discovered gold occurrences on the property, in addition to geological comparisons with the nearby Beaverdell Mine.

The Beaverdell Mine is predominately known for its silver production, so the presence of high-grade gold occurrences at the Texas Project makes the property unique and significantly more attractive.

Troubadour Resources is a public Canadian mining exploration company focused on copper and gold in British Columbia.

Troubadour Resources Inc. (TR) is steady, trading at C$0.17 per share.

More From The Market Herald

" Osino Resources (TSXV:OSI) upsizes private placement

Osino Resources (OSI) has increased the size of its private placement due to strong investor demand.

" South Star Battery Metals (TSXV:STS) increases non-brokered private placement

South Star Battery Metals (STS) has announced an increase to its non-brokered private placement of units to raise approximately $2,300,000.

" EMX (TSXV:EMX) closes royalty portfolio acquisition from SSR Mining

EMX Royalty Corp. (EMX) closed its acquisition of royalty interest and deferred payments from SSR Mining Inc. and certain subsidiaries.

" Omai Gold (TSXV:OMG) continues outlining gold mineralization

Omai Gold Mines (OMG) is reporting additional results from the drilling program currently underway at the Omai Gold Project in Guyana.