Troilus Gold Corp. is pleased to announce the positive results of a Preliminary Economic Assessment completed on its 100%-owned Troilus Gold Project located in Quebec, Canada. The PEA supports a combined open pit/underground mining scenario with low initial capital costs and high rate of return for a 35,000 tonne per day operation over a 22-year mine life. Highlights include : After-tax IRR of 22.9% and NPV5% of $576 [...]
Troilus Gold Corp. today announces the filing of a technical report for its 100% owned Troilus property located 170 km by road north of Chibougamau, in northwestern Quebec, Canada . The Technical Report, dated August 27, 2020 effective July 20, 2020 supports the scientific and technical disclosure in the updated mineral resource estimates . The Technical Report titled, “Technical Report on the Troilus Gold-Copper Project [...]
ECOLOGO® Certification from UL for Mineral Exploration Companies shows commitment to environmental and social best practices. UL is pleased to announce that Troilus Gold Corp., a mineral exploration company headquartered in Toronto, Ontario with operations in Quebec, is the first company to obtain certification for UL 2723, the Standard for ECOLOGO® Certification Program for Responsible Development for Mineral Exploration [...]
Troilus Gold Corp. is pleased to announce that it has received a Certificate of Authorization from the Minist?re de l’Environnement et de la Lutte contre les changements climatiques under Section 115.8 of the Environment Quality Act to proceed with the dewatering of the Z87 and J4 pits . To obtain approval for the dewatering of the Pits, Troilus submitted an Environmental Impact Assessment on November 19, 2019 [...]
Troilus Gold Corp. is proud to announce that it is the first mineral exploration company to obtain certification for UL 2723: ECOLOGO Certification Program for Mineral Exploration Companies . The Quebec Mineral Exploration Association launched a standard in November 2019 to recognize and promote environmental, social and economic best practices: the first certification of its kind for mineral exploration companies. The [...]
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the Canadian Metals & Mining Virtual lnvestor Conference presentations are now available for on-demand viewing. https://bit.ly/2PfQJnn The company presentations will be available 24/7 [...]
Troilus Gold Corp. is pleased to provide an updated mineral resource estimate from its 100% owned Troilus property located 170 km by road northeast of Chibougamau, Quebec, Canada . The updated mineral resource estimate is summarized in Table 1. For full cut-off sensitivities and background information please visit the Troilus website at www.troilusgold.com. Highlights: The total estimated indicated mineral resource has [...]
Company Executives share vision and answer questions live at VirtualInvestorConferences.com Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Metals and Mining Virtual lnvestor Conference. Individual investors, institutional investors, advisors, and analysts are invited to listen to the executive management of metals & mining companies discuss [...]
Troilus Gold Corp. is pleased to announce that through acquisition and staking it has added 422 new claims to the Troilus property, expanding the land position by 23,005 hectares to a total area of 107,326 hectares . Troilus CEO Justin Reid commented, “In April, we acquired 627 claims from O3 Mining Inc. and staked another 629 new claims, making us the largest claim holder in the Fr?tet-Evans Greenstone Belt with [...]
Troilus Gold Corp. is pleased to provide an update on its activities since restarting operations at site in May, exploration plans for this summer and the remainder of the year and major technical milestones to be delivered through the next few months. Justin Reid, Chief Executive Officer of Troilus commented: “2020 has been a time of unprecedented challenge and adjustment as the entire global economy shut down to slow [...]
Troilus Gold Corp. announces that it has closed its previously announced bought deal financing . Pursuant to the Offering, Troilus issued 24,150,000 units of the Company , including 3,150,000 Units issued in connection with the exercise in full of the over-allotment option granted to the Underwriters in connection with the Offering, at a price of $1.05 per Unit for gross proceeds of approximately $25.36 million. Each Unit [...]
Troilus Gold Corp. provides an update today that in connection with its previously announced bought deal prospectus offering of units of the Company and further to the Ontario Securities Commission’s review of the Company’s continuous disclosure in connection with the Offering, the OSC identified the following errors in the following previously filed news releases of the Company: the news releases dated April 14, 21 and [...]