TLG:TSX; CHXMF:OTC; CM5R:FRA

Troilus Gold Corp.

Troilus Gold Corp. is a Canadian based junior mining company focused on the systematic advancement and de-risking of the past-producing gold and copper Troilus Project towards production. . Troilus is located in the top rated mining jurisdiction of Quebec, Canada, where it holds a strategic land position of 1,420 km² in the Frôtet-Evans Greenstone Belt. Since acquiring the project in 2017, ongoing exploration success has demonstrated the tremendous scale potential of the gold system on the property with a 142% increase to estimated Indicated mineral resources and a 350% increase to estimated Inferred resources. The Company is advancing engineering studies following the completion of a robust Preliminary Economic Assessment (“PEA”) in 2020, which demonstrated the potential for the Troilus project to become a top-ranked gold and copper producing asset in Canada. Led by an experienced team with a track-record of successful mine development, Troilus is positioned to become a cornerstone project in North America.

TLG:TSX CHXMF:OTC CM5R:FRA

Expert Comments:

Jacques Wortman, Laurentian Bank Securities

(6/29/22)
"Assay results from five holes from Troilus Gold Corp.'s phase two Gap zone drill program show continuity of mineralized units found in Z87 and the Southwest zone. . .today's results are early stage but encouraging and support the company's thesis that mineralized units in the Z87 and Southwest zones extend into the Gap Zone. . .we have long believed that the Gap zone has significant potential."

Ian Parkinson, Stifel

(6/28/22)
"Troilus Gold Corp. came out this morning with excellent metallurgical results from testing done on its Southwest zone; results show copper recovery of 93.5%, gold recovery of 88.3%, and silver recovery of 89.4%. Today's results are an important step towards the prefeasibility study we expect to see in mid-2022."

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Paul O'Brien, Velocity Trade Capital

(5/25/22)
"Troilus Gold Corp. announced it has submitted the initial project description for Troilus federally with the Impact Assessment Agency of Canada and provincially with Ministère de l’Environnement et de la Lutte Contre les Changements Climatiques. This is an important first step in the permitting process and necessary in the environmental and social impact assessments approval process that is required to advance a mining project towards construction and production."

headshot of Brock Salier

Brock Salier, Sprott Equity Research

(5/4/22)
"Troilus Gold Corp.'s Southwest zone infill/expansion drilling highlights 112 pierce points (from 21 holes), with an average of 5m at 1.2 g/t Au eq for hits inside the pit, well above preliminary economic assessment inventory of 0.7 g/t and continues to point to a higher grade starter pit. . .today's stepouts extended mineralization +300m below the existing pit shell and +100m to the west and averaged 3.8m at 1.3 g/t overall, albeit slightly narrower, but higher grade."

One Quebec-based junior is breathing life into an old gold camp and is poised for a re-rating in the coming months as it calculates a new resource estimate as part of its prefeasibility study — slated for mid-2022.
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Stifel GMP

(4/21/22)
"Troilus Gold Corp.'s recent drilling has been focused on the Gap zone, a previously untested area between the Southwest and the Main Z87 zones. This target area is 2.5 km long and is bookended by two large resources; the potential to 'connect the dots' between Main and Southwest is very high."

headshot of Brock Salier

Brock Salier, Sprott Equity Research

(4/20/22)
"We see two key takeaways from today’s drilling by Troilus Gold Corp.: First, the Southwest system clearly continues north (now 900m outside the preliminary economic assessment pit); whilst many of the hits today are deep in places, it is great to see 15m at 3.1 g/t Au eq right at surface here. Second, the 7m at 4 g/t Au eq sits alone in the middle of a 2 km 'gap zone' between deposits, which suggests plenty of runway for growth."

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Troilus Gold Corp. released drill results from eight new holes at its Troilus property. A mining analyst at Laurentian Bank Securities Equity Research commented in a research note that the results appear to confirm that the Southwest Zone is the project's "Center of Gravity".
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More Expert Comments

Experts Following This Company

headshot of Peter Krauth
Peter Krauth, Pres – Gold Resource Investor
Timothy Lee, Mining Analyst – Red Cloud Securities
Paul O'Brien, Analyst – Velocity Trade Capital
Ian Parkinson – Stifel
headshot of Gwen  Preston
Gwen Preston, Founder Resource Maven
headshot of Brock Salier
Brock Salier – Sprott Equity Research
Jacques Wortman, Mining Analyst – Laurentian Bank Securities

Company News 

6/29/2022 – Troilus Drills 1.73 g/t AuEq Over 6 Metres and 1.04 g/t AuEq Over 13m in The Gap Zone; Demonstrates New Mineral Continuity Beyond Main Zone Ore Bodies

6/28/2022 – Troilus Reports 94% Copper Recovery and 88.3% Gold Recovery From the Southwest Zone Pilot Plant Test Program

5/25/2022 – Troilus Kicks Off Environmental Permitting Process With Filing of Initial Project Notice

5/4/2022 – Troilus Drills 13.64 g/t AuEq Over 3m, Incl. 29.81 g/t Over 1m, 2.42 g/t AuEq Over 6m, 2.11 g/t AuEq Over 10m in the Southwest Zone; New Mineral Extension Identified 300m Below PEA Pit Shell

4/21/2022 – Troilus Drills Record High-Grade in Southwest Zone: 92 G/T and 68 G/T Gold Over 1m, and 3.07 G/T AuEq Over 15m, Zone Extended +200m; Initial Gap Zone Drilling Returns 4.2 G/T AuEq Over 7m

4/14/2022 – TROILUS ANNOUNCES PROMOTION OF BLAKE HYLANDS TO PRESIDENT

4/4/2022 – Troilus Announces New Gold Discovery on Globex's Lac Testard Royalty Property

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights
 
8.1 Moz AuEq (Indicated + Inferred) Resource in top-rated mining jurisdiction of Quebec, Canada
 
Brownfield Site with ~US$350M worth of inherited infrastructure; Strong Balance Sheet ($30.4M as of Jan 31, 2022)
 
Pre-Feasibility Study and Updated Mineral Resource Estimate in mid-2022
catalyst Calendar
Q1
2022
Permitting Process Initiated
Q2
2022
Pre-Feasibility Study
Q2
2022
Updated Mineral Resource (incl. inaugural Reserve)
Q4
2022
Feasibility Study