Troilus Gold Corp. is pleased to announce it has entered into a definitive agreement with O3 Mining Inc. , pursuant to which it has acquired 627 Claims to the south and southwest of the existing Troilus Project . As consideration for the acquisition of the O3 Claims , the Company has issued 1,700,000 common shares and granted a 2% Net Smelter Royalty to O3 on the O3 Claims . Troilus will have the right to repurchase a 1 [...]
Troilus Gold Corp. reports additional results from the 6,000 metre drill program completed earlier this year in the Southwest Zone at its 100%-owned Troilus property located northeast of Chibougamau, Quebec. All drill holes reported herein successfully intersected gold and demonstrated geology similar to the main mineralized zone on the property, Z87, located less than 3.5 kilometres to the northeast of the SWZ [...]
Troilus Gold Corp. reports initial results from a 6,000 metre drill program from the Southwest Zone at its 100%-owned Troilus property located northeast of Chibougamau, Quebec. All drill holes reported herein successfully intersected gold and demonstrated geology similar to the main mineralized zone on the property, Z87, located less than 3.5 kilometres away . Intercept highlights from the Southwest Zone drilling [...]
Troilus Gold Corp. confirms that an attendee at its PDAC breakfast reception on Tuesday March 3, 2020 has tested positive for COVID-19 and is now receiving medical attention. The Troilus offices are currently closed as staff are all maintaining self-quarantine and working from home until further notice. Health and safety is our number one priority. Troilus is following medical protocols from local, global and national [...]
Troilus Gold Corp. provides operational update and summary of measures being taken by the Company to address the current COVID-19 concerns. The previously announced 5000 metre drill program in the newly discovered Southwest Zone was completed at the end of February and results are pending. With the completion of the program we have decided to minimise non-essential activities at site based on our concern for the health [...]
Troilus Gold Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of an aggregate of 6,449,188 common shares of the Company that will qualify as “flow-through shares” of the Income Tax Act . The Flow-Through Shares were issued in three tranches as follows: Tranche 1: 2,000,000 Flow-Through Shares issued to investors resident in the Province of Québec at [...]
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 [...]