Troilus Gold Corp. is pleased to announce that it intends to upsize its previously announced non-brokered private placement to an aggregate of up to 6,449,188 common shares of the Company that will qualify as “flow-through shares” of the Income Tax Act due to higher than anticipated demand. The Flow-Through Shares will be issued in three tranches as follows: Tranche 1: up to 2,000,000 Flow-Through Shares to be [...]
Troilus Gold Corp. is pleased to announce that it intends to complete a non-brokered private placement of up to 6,436,428 common shares of the Company that will qualify as “flow-through shares” of the Income Tax Act . The Flow-Through Shares will be issued in three tranches as follows: Tranche 1: up to 2,000,000 Flow-Through Shares to be issued to investors resident in the Province of Québec at an issue [...]
Troilus Gold Corp. is pleased to announce results from its recent 2,500 metre drill program in the Southwest Zone at its 100%-owned Troilus property located northeast of Chibougamau. All seven drill holes successfully intersected gold including high-grade intersections and demonstrated geology similar to that of Z87. Initial drilling at the Southwest Zone tested an area of 500m x 250m located just 3.5 kilometres south of [...]
Troilus Gold Corp. is pleased to announce the appointments of Dr. Eric Lamontagne and Dr. John Hadjigeorgiou to its board of directors, effective immediately. Justin Reid, CEO of Troilus, commented, “I am pleased to welcome Dr. Hadjigeorgiou and Dr. Lamontagne to our Board. As Troilus moves into the next phase of development their combined technical knowledge and professional experience will be invaluable. Dr [...]
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 December 20, 2019 effective October 31, 2019 supports the scientific and technical disclosure in the updated mineral resource estimates . The Technical Report titled, “Technical Report on the Troilus [...]
Troilus Gold Corp. reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the Management Information Circular dated November 8, 2019 for the Annual General & Special Meeting of Shareholders of the Company were elected as directors of the Company. Over 60% of all of the issued and outstanding shares of the Company were represented at the Meeting. Detailed results of the vote for [...]
Troilus Gold Corp. is pleased to announce the start of a new 2,500 metre drill program at its 100%-owned Troilus property located near Chibougamau, within the Frotêt-Evans Greenstone Belt in Quebec, Canada. The Southwest Zone , lies along the margin of the Troilus Diorite and surrounding volcanics, 3.5 kilometres southwest of Z87 . Historically this area exhibited significant mineralization from drilling including [...]
Troilus Gold Corp. is pleased to provide an updated mineral resource estimate from its 100% owned Troilus property located 170 km by road north of Chibougamau, in northwestern Quebec, Canada . The updated mineral resource estimate is summarized in Table 1. Highlights: The pit constrained estimated mineral resources in the indicated mineral resource category have increased by 910,000 ounces AuEq, with J Zone having [...]
Troilus Gold Corp. is pleased to provide an updated mineral resource estimate from its 100% owned Troilus property located 170 km by road north of Chibougamau, in northwestern Quebec, Canada . The updated mineral resource estimate is summarized in Table 1. Highlights: The pit constrained estimated mineral resources in the indicated mineral resource category have increased by 910,000 ounces AuEq, with J Zone having [...]
Troilus Gold Corp. is pleased to announce it has entered into a purchase and sale agreement with O3 Mining Inc. , pursuant to which it has acquired Claims CDC-2422145, CDC-2422146 and CDC-2422147 that fall within the boundaries of the northern block of the Troilus Project . As consideration for the acquisition of the O3 Claims , the Company has issued 300,000 common shares and granted a 2% Net Smelter Royalty to O3 on the [...]
Troilus Gold Corp. is pleased to announce it has entered into a purchase and sale agreement with O3 Mining Inc. , pursuant to which it has acquired Claims CDC-2422145, CDC-2422146 and CDC-2422147 that fall within the boundaries of the northern block of the Troilus Project . As consideration for the acquisition of the O3 Claims , the Company has issued 300,000 common shares and granted a 2% Net Smelter Royalty to O3 on the [...]
Troilus Gold Corp. announces that Mr. Bruce Humphrey has tendered his resignation as a Director. Troilus would like to thank Bruce for his contributions as a director and wish him well in his future endeavours. About TroilUS Gold Corp. Troilus is a Toronto-based, Quebec focused, advanced stage exploration and early-development company focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The 16,000-hectare Troilus property is located northeast of the Val-d’Or district, within the Frotêt-Evans Greenstone Belt in Quebec, Canada. From 1996 to 2010, Inmet Mining Corp. operated the Troilus project as an open pit mine, producing more than 2,000,000 ounces of gold and nearly 70,000 tonnes of coppe... [...]
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