Troilus Gold Corp. is pleased to report that the 2019 drilling program at its Troilus Gold Project, located within the Frotêt-Evans Greenstone Belt in Quebec, Canada has been completed and results indicate that the borders of known mineralization extend well beyond the historic pit. Technical Highlights of the completed drill program include: Meaningful extensions of mineralization identified outside of current [...]
Troilus Gold Corp. is pleased to announce that it has closed its previously announced non-brokered private placement financing of an aggregate of 7,036,900 common shares of the Company that will qualify as “flow-through shares” of the Income Tax Act and, in relation to FT Tranche Two , also qualify as “flow-through shares” within the meaning of section 359.1 of the Taxation Act ) . The Flow-Through [...]
Troilus Gold Corp. is pleased to announce that it has entered into subscription agreements with funds managed by each of Sprott Asset Management LP , Goodman & Company, Investment Counsel Inc and Middlefield Group in connection with a non-brokered private placement financing of an aggregate of up to 6,813,900 common shares of the Company that will qualify as “flow-through shares” of the Income Tax Act and, in [...]
Troilus Gold Corp. is pleased to announce the appointment of Mr. Jamie Horvat to its board of directors, effective immediately. Justin Reid, CEO of Troilus, commented, “I am pleased to welcome Mr. Horvat to our Board. With two decades of experience in asset management, Mr. Horvat has extensive knowledge of global capital markets. His network of professional relationships will help us to identify new investors and [...]
Troilus Gold Corp. reports positive drill results from the J Zone as part of the 2019 drilling program at its Troilus Gold Project, located within the Frotêt-Evans Greenstone Belt in Quebec, Canada. New intercept highlights from the J4 Zone, include: 18.55 g/t gold equivalent over 2 metres within a broader intersection of 1.54 g/t AuEq over 30 metres; as well as 5.24 g/t AuEq over 2 metres and 2.34 g/t AuEq over 4 [...]
Troilus Gold Corp. , today announces that Mr. Peter Tagliamonte has tendered his resignation as a Director and Executive Officer, effective immediately, to focus on his other corporate endeavors. Mr. Tagliamonte has been a director of Troilus Gold Corp. since its inception and was instrumental in the acquisition of the asset and the formation of the Company. Justin Reid, CEO of Troilus, commented, “We would like to [...]
Troilus Gold Corp. reports positive drill results from “Zone 87 South” at its Troilus Gold Project. Results have defined new mineral extensions down-dip up to 150 metres beyond the previously defined mineralized boundaries, and have also outlined further mineral continuity extending south west another 300 metres. In total, 2019 drilling in the Z87 South area has defined mineral extensions 600 metres beyond the [...]
Troilus Gold Corp. reports the discovery of a new area of gold mineralization extending over 300 metres south west of the main Zone 87 , within the “Zone 87 South” trend at its Troilus Gold Project, located within the Frotêt-Evans Greenstone Belt in Quebec, Canada. The Z87 South exploration target is located directly south west of Zone 87 and the former main Z87 open pit. These drill results have [...]
Troilus Gold Corp. reports drill results from the J Zone at its Troilus Gold Project, located within the Frotêt-Evans Greenstone Belt in Quebec, Canada. Intercept highlights from this group of drill results include: 37.84 g/t gold equivalent over 2 metres within a broader intersection of 4.41 g/t AuEq over 20 metres in hole TLG-ZJ419-159 4.59 g/t AuEq over 2 metres within a broader intersection of 0.93 g/t AuEq over [...]
Troilus Gold Corp. is pleased to announce the appointment of Mr. Andrew Mark Cheatle to its board of directors, effective immediately. Justin Reid, CEO of Troilus, commented, I am pleased to welcome Mr. Cheatle to our Board. I look forward to working with him, and believe his wide range of expertise and extensive network within the mining industry will benefit the Company as we focus our efforts on advancing the Troilus [...]
Troilus Gold Corp. reports positive new drill results from its Troilus Gold Corp. Project, located within the Frotêt-Evans Greenstone Belt in Quebec, Canada. Approximately 40,000 metres of drilling are underway as part of the 2019 exploration program, focusing on expanding near-surface mineralization to support an open-pit mine scenario. New J4 results continue to support the trend of an expanding gold system that [...]
Troilus Gold Corp. reports new drill results from the 2019 exploration program at its Troilus Gold Project, located within the Frotêt-Evans Greenstone Belt in Quebec, Canada. Results continue to improve confidence in the open pit potential of the J Zone with the definition of a broadening gold system. The mineral envelope defined in the 2018 estimated mineral resource calculation continues down dip, appears to be [...]