Troilus Gold is pleased to provide results from the first two holes drilled at its 100% owned Troilus gold and copper property located Northeast of the Val-d’Or district in Quebec. The 30,000 m drill program is designed to confirm and expand existing mineral resources from the historically producing Troilus mine, as well as explore down dip and along strike from known mineralization. Plan view of initial seven holes [...]
Troilus Gold is pleased to announce that it has entered into an agreement with a syndicate of underwriters, co-led by GMP Securities L.P. and National Bank Financial Inc. to complete the following: i) a private placement on a bought-deal basis of 4,070,000 common shares of the Company that qualify as “flow through shares” of the Income Tax Act ) to be sold on a charitable flow-through basis , and will be [...]
TORONTO, April 12, 2018 -- Troilus Gold Corp. is pleased to announce that it has formally exercised its option to acquire the Troilus property located Northeast of the Val-d’Or district in Quebec from First Quantum Minerals Ltd. and that subject to various post-closing items, title to the Troilus Gold Project has now been transferred to the Company . Details of Option Agreement between Troilus and First Quantum In [...]
TORONTO, March 26, 2018 -- Troilus Gold Corp. is pleased to provide an update on the progress of its 30,000 metre exploration drill program at the 4,700-hectare Troilus gold and copper land package located Northeast of the Val-d’Or district in Quebec, Canada . Project highlights to date include: 3D Section of Troilus Zones looking North. Phase 1 Drill Targets Southwest & Z86 Historic Results Drilling: Completion of [...]
TORONTO, Feb. 05, 2018 -- Troilus Gold Corp. is pleased to announce that it has formally notified First Quantum Minerals Ltd. of its expectation to exercise its option to acquire the Troilus property located northeast of the Val-d'Or district in Quebec. Troilus has completed all required payments under the previously announced Troilus Option Agreement and is working closely with First Quantum to accomplish the actions [...]
TORONTO, Feb. 05, 2018 -- Troilus Gold Corp. is pleased to announce the commencement of a 30,000 metre drill program at its Troilus Gold and Copper project located northeast of the Val-d'Or district in Quebec, Canada . Troilus has engaged the services of Forages Chibougamau Ltée, and drills were mobilized on site February 2nd. The program will focus on three primary areas: Z87: Expand defined underground mineral resource down dip and along strike below the historic producing Z87 open pit. J4 & J5: Expand mineral resource below historic producing J4 and J5 open pits to show potential near surface mineralization. Southwest Zone: Based on historic drilling success, initiate near surface exploration 3.5 km southwest of Z87 open pit along the Troilus Di... [...]
Troilus Gold Corp. is pleased to announce new additions to its technical and capital markets team as it focuses on the mineral expansion and potential restart of the former gold and copper Troilus Mine . The Troilus Project, located northwest of the Val-d'Or district in Quebec, Canada, produced more than 2,000,000 ounces of gold and nearly 70,000 tonnes of copper from 1997 to 2010. Troilus welcomes Mr. Paul R. Pint, as [...]
Troilus Gold Corp. is pleased to announce that its common shares will begin trading on the TSX Venture Exchange under the symbol "TLG" at market open, today, January 3, 2018. This announcement follows the completed acquisition of the option to acquire the former gold and copper Troilus Mine announced on December 20, 2017. The 4,700 hectare past-producing Troilus property is located northwest of the Val-d'Or district in [...]
Pitchblack Resources is pleased to announce the closing of the previously announced reverse-takeover of Pitchblack resulting in the acquisition of an option to buy the Troilus Gold Project, located northeast of the Val-d'Or district in Quebec. In connection with and immediately prior to the closing of the Transaction, the escrow release conditions outlined in the press release of Sulliden Mining Capital Inc. and [...]
Pitchblack Resources announces that in connection with its previously announced acquisition of an option to acquire the Troilus gold project in Québec , the Company has rescheduled its special meeting of shareholders for December 19, 2017 to consider and approve, among other things, certain aspects of the Transaction . The materials for the Shareholder Meeting have been mailed to shareholders and can be found under [...]
Sulliden Mining Capital and Pitchblack Resources are pleased to announce the closing of the previously announced "bought deal" private placement offering of subscription receipts of 2507868 Ontario, a wholly-owned subsidiary of Sulliden, at a price of $1.64 per Subscription Receipt. An aggregate of 14,030,000 Subscription Receipts were sold pursuant to the Offering, including the full exercise of the over-allotment option [...]
Sulliden Mining and Pitchblack Resources are pleased to provide an update on the previously-announced acquisition by Pitchblack of an option to acquire the Troilus gold project in Quebec. In connection with the Transaction, 2507868 Ontario Inc., the wholly-owned subsidiary of Sulliden that is to be acquired by Pitchblack on closing of the Transaction, has entered into an agreement with National Bank Financial Inc. as sole [...]