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TLG:TSX; CHXMF:OTCQB

Troilus Gold Corp.

The Troilus Gold Project: A New Life for the Former Troilus Gold Mine - Troilus is an advanced stage exploration and early-development company focused on the mineral expansion and mine re-start of the former gold and copper Troilus mine. The 84,600 hectare Troilus property is located within the Frotêt-Evans Greenstone Belt in Quebec, Canada. The Troilus mineral resource estimate of 4.71 million ounces of gold equivalent Indicated and 1.76 million ounces of gold equivalent Inferred, has grown 129% since 2017 making Troilus one of the largest undeveloped gold deposits in North America.
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Expert Comments:

Troilus Gold Corp. reported it has been awarded the "Excellence in Sustainable Development" Award by the Quebec Mineral Exploration Association at the XPLOR 2020 Virtual Award Ceremony.
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Jacob Willoughby, Red Cloud Securities

(10/20/20)
"Troilus Gold Corp. announced additional results from its regional exploration program at its 100%-owned Troilus gold project near Chibougamau, Quebec, including the highest gold grades recovered to date from the Frôtet-Evans greenstone belt. . .assay results from outcrop samples at the newly defined Testard target returned 203 g/t Au, 2,440 g/t Ag and 4.37% Cu."

Sampling results from Troilus Gold's Troilus project include 203 g/t gold, 2,440 g/t silver and 4.37% copper.
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This zone is in addition to the Beyan Gold Zone discovery Troilus Gold announced at the end of September.
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Clive Maund, CliveMaund.com

(10/9/20)
"Troilus Gold Corp.'s overall trend is up, as shown by the bullish alignment of moving averages with the 200-day rising steadily. This being so, the substantial reaction back from early September that has resulted in its becoming oversold at an important support level not very far above its 200-day moving average is viewed as normal and as an opportunity to pick the stock up at a good price before it starts higher again."

Jacob Willoughby, Red Cloud Securities

(10/1/20)
"Troilus Gold Corp. announced initial results from its regional exploration program on its 100%-owned Troilus gold project near Chibougamau, Quebec, which led to the discovery of the brand new Beyan gold zone, 8 km southwest of its recently discovered Southwest zone. The results look great so far, with high-grade samples spanning at least 225m in strike."

Troilus Gold Corp. reported it has launched a new 20,000 meter drill program at its Troilus project located in the Frotêt-Evans Greenstone Belt in Quebec, Canada after it released a positive Preliminary Economic Assessment.
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headshot of Gwen  Preston

Gwen Preston, The Maven Letter

(9/3/20)
"I think Troilus Gold Corp.'s Troilus project will attract some kind of a buyout before this bull market is done. . .I don't know when it will happen, but I think the company is in a sweet spot in that it offers exploration upside alongside an advanced asset that will be attractive to the generalist money moving into the gold space."

Troilus Gold's PEA forecasts a high rate of return, low capex and rapid payback for the Troilus project.
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headshot of Philip Ker

Philip Ker, PI Financial

(9/2/20)
"Troilus Gold Corp. announced a preliminary economic assessment (PEA) completed on its wholly owned Troilus gold project. . .under the combined open pit and underground scenario, the company estimates annual average production of 246 Koz Au eq over the first 14 years including peak production greater than 300 Koz Au eq in year five. . .in total, the PEA demonstrates a robust net present value of $574M (5%) and an after-tax internal rate of return of 22.9% based on a $1,475/oz gold price."

headshot of Pierre Vaillancourt

Pierre Vaillancourt, Haywood Securities

(9/2/20)
"The preliminary economic assessment (PEA) on Troilus Gold Corp.'s Troilus deposit demonstrates a mine plan with positive economics. . .the PEA on its gold-copper project is for a 35 Ktpd open-pit operation over 14 years, transitioning to a 9 Ktpd underground operation for eight years. . .we are increasing our target."

Red Cloud raises its target price on Troilus Gold after the release of a new resource estimate.
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Growth of Troilus Gold's project resource and expectations for the imminent PEA are addressed in a PI Financial report.
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Troilus Gold Corp. reported it has been granted environmental regulatory approval to commence dewatering of Z87 and J4 Pits at its property located within the Frotêt-Evans Greenstone Belt.
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The specifics of Troilus Gold's updated resource and the key points from the company's related technical call are presented in a Stifel report.
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Troilus Gold's recent project resource update and the company's undervaluation in the market are discussed in a Cormark Securities report.
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Troilus Gold's resource update and the factors behind it are covered in a Laurentian Securities report.
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The recent revisions Laurentian Securities made to its model on Troilus Gold are presented and the effects are described in a report from the financial services firm.
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Troilus Gold Corp. reported it is the first company to be granted ECOLOGO certification for responsible development for mineral exploration companies.
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Troilus Gold triples its gold resource to 8.25 million ounces in two years, and exploration continues.
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Troilus Gold accomplishes this by staking and acquiring 422 new claims.
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Subsequently, Troilus Gold plans regional and infill drilling at the property.
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Troilus Gold's valuation and similarities to Detour Gold are discussed in a Stifel report.
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A potential mining scenario for Troilus Gold's gold-copper project is presented in a PI Financial report.
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Recent drill results from Troilus Gold's Quebec project are analyzed in a Red Cloud Securities report.
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Recent results from Troilus Gold's drilling of its Southwest zone are discussed in a Haywood report.
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A Laurentian Bank Securities report notes Troilus Gold's new drill results from the final holes of its latest drill campaign demonstrate expansion potential.
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A Cormark Securities report highlights that recent exploration by Troilus Gold yields one of the best holes ever drilled on the property.
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Troilus Gold's most recent drill results at its past-producing Quebec project are discussed in a Stifel GMP report.
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More Expert Comments

Experts Following This Company

Tyron Breytenbach, Analyst – Cormark Securities
David Erfle – JuniorMinerJunky
Richard Gray, Analyst – Cormark Securities
headshot of Philip Ker
Philip Ker, Mining Analyst – PI Financial
headshot of Derek Macpherson
Derek Macpherson, VP Mining Analysis – Red Cloud Securities
Clive Maund – CliveMaund.com
headshot of Gwen  Preston
Gwen Preston, Founder Resource Maven
Jared Shilson, Senior Research Associate, Mining – PearTree Securities
headshot of Pierre Vaillancourt
Pierre Vaillancourt, Vice President and Senior Mining Analyst – Haywood Securities
Jacob Willoughby, VP Research – Red Cloud Securities
Jacques Wortman, Mining Analyst – Laurentian Bank Securities

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
 
One of the largest undeveloped Gold deposits in North America
 
Strong Balance Sheet, Low risk jurisdiction, major infrastructure in place, blue sky growth potential
 
Strong Institutional & Insider ownership, Experienced leadership team, Finding gold for <$5/oz AUEq vs.$174/oz average global
catalyst Calendar
Q2
2020
Recent deal closing ($25 million bought deal due to close later this month)
Q2
2020
New mineral resource estimate (late June/early July)
Q3
2020
PEA (late August)
Q3
2020
Permit approval for pit dewatering (summer)