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Transaction Announcement Reports
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Project: | Amarillo | |
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Deposit: | Amarillo | |
Location: | Canada | |
Commodities: | Gold-Copper | |
Date: | 11/27/2017 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 27-11-2017: Troubadour Resources Inc. announces a Supporting Acquisition report for its Amarillo deposit at the Amarillo project. Summary of property in support of TSX listing. Mr. Geoff Schellenberg President of Troubadour Resources Inc. has contracted t | |
Resources: | x | |
CP/QP: | [Overall Report]: Jim Chapman (Independent) | |
ABSTRACT: | Mr. Geoff Schellenberg President of Troubadour Resources Inc. has contracted the author to prepare a 43-101 compliant technical report on the Amarillo copper-moly project, located in the Peachland area of southwestern BC, Canada. The Amarillo property contains mineralization that includes copper, molybdenum and gold, possibly related to the Jurassic intrusives. Skarn style mineralization with highly anomalous tungsten is also present. he Amarillo property consists of five (5) mineral tenures covering 3,281.26 hectares located in the Similkameen and Osoyoos Mining Divisions of south western British Columbia. The Property is located approximately 30 kilometres west of the town of Peachland, British Columbia, or 71 km northeast of the town of Princeton. Access is possible along the Peachland FSR logging road from Highway 97, or along the Glen Lake FSR from the old Princeton – Summerland Road. Exploration programs carried out between 2013 and 2016 have located an historic trench that assayed 0.87% copper over 120m in rocks prospective for porphyry copper type deposits. Soil sampling of this area has outlined a coincident copper – moly anomaly associated with these same rocks covering an area of 2000m by up to 900m. The soil anomaly is associated with a large magnetic low which also displays locally strong silicification and serititic alteration. Further work is warranted on this property. A program consisting of soil geochemical surveys, IP and magnetic surveys is recommended for the Amarillo property. An additional 500 soil samples to expand and infill the coverage of the known anomalies should be carried out. A 40km 3D-IP and magnetic survey is recommended. The program is estimated to cost $225,000.00. | |
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