An additional 1,029 ha was acquired by staking, guided by new geological information that was obtained during the Company's 2021 field work and continued research into the history of the surrounding area. Of note, 2021 field work showed that the high-grade polymetallic mineral occurrences on the Property are the product of a larger-scale hydrothermal alteration and mineralizing event, which will be the focus of upcoming exploration activities.
Option Agreement Extension
The Company has reached an agreement with the Vendor of the core claims of the Texas Gold project to further extend the payments due on the Year 1 anniversary of the agreement by six months for consideration of
Repriced Incentive Stock Options
The directors have approved the re-pricing of 740,000 outstanding stock options from exercise prices between
About Troubadour
Contact:
Tel: (604) 681-0221
Email: geoff@troubadourresources.com
Forward Looking Information
Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Except as required pursuant to applicable securities laws, the Company will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Company. Readers are cautioned not to place undue reliance on forward looking statements.
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