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... [...]
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 [...]