Troubadour Resources Options Significant Quebec Land Package with Highly Prospective Gold and Copper Targets

Core Viewpoint - Troubadour Resources Inc. has executed an option agreement to acquire a 100% interest in 173 mineral claims of Xander Resources Inc.'s Senneville Project, which is strategically located in the Abitibi Greenstone Belt, Quebec, presenting significant exploration potential for gold and copper [1][4][7]. Company Overview - Troubadour Resources Inc. is focused on the acquisition and exploration of mineral properties, particularly in battery and precious metals, and is based in Vancouver, BC [11]. Project Details - The Senneville Project covers over 100 km² and is adjacent to significant mining operations, including Probe Metals' Novador Project and Monarch Mining's Beaufor Mine, which have substantial gold resources [2][4]. - Historical exploration at the Senneville Project has yielded high-grade gold samples, with grab samples showing up to 49.5 g/t Au and drilling results indicating up to 18.15 g/t Au over approximately 0.9 meters [5][6]. Strategic Importance - The acquisition of the Senneville Gold-Copper Property is seen as a strategic move to capitalize on the rising global demand for copper, driven by the green energy revolution and the growth of electric vehicles [7][8]. - The geological characteristics and historical data of the property suggest it has significant potential for exploration and development, positioning the company favorably in the expanding green energy sector [8]. Agreement Terms - Under the Option Agreement, Troubadour Resources may acquire the property by issuing a total of 5,000,000 common shares and completing $2,000,000 in work expenditures over a specified timeline [9]. - The agreement includes net-smelter returns royalties that the company will assume, which are 2% NSR to North American Exploration Ltd., Silverwater Capital Corp., and Terrance Coyle for various claims [10].