Troilus Gold
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GOLD: Troilus raises $22M in upsized offering
TORONTO – Troilus Gold has announced an upsized bought deal of $22 million (up from $15 million originally) as equity raises in the mining space continue. The company entered into an agreement where Cormark Securities, Laurentian Bank Securities and Stifel…
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GOLD: UrbanGold expands land position within Troilus corridor
QUEBEC – UrbanGold is expanding its land holdings within the Troilus gold corridor – the company announced that it has entered into an agreement with Quebec Precious Metals to acquire the 33.1-sq.-km Chemin Troilus property adjacent to UrbanGold’s existing holdings.…
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GOLD-COPPER: Troilus hits 73 metres of 1.56 g/t gold-equivalent
QUEBEC – Troilus Gold has reported assay results from two holes completed at the Southwest zone, 3.5 km northeast of the existing deposit within the 160-sq.-km Troilus project. The drill highlights include 73 metres of 1.56 g/t gold equivalent in…
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GOLD: Troilus grows Southwest zone
QUEBEC – Troilus Gold has released the results of three holes completed at the Southwest zone within its 160-sq.-km Troilus gold project, northeast of Chibougamau; the results appear to confirm a mineralized trend of over 1 km. The drill highlights…
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GOLD: Troilus, Marathon reduce site activity due to Covid-19 threat
TORONTO – With mining majors suspending expansion plans, ramping down operations and temporarily closing down head offices in response to Covid-19, development and exploration companies are also taking precautionary measures to prevent potential spread of the virus. At this time,…
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GOLD: Troilus upsizes private placement to $12.8M
TORONTO – Troilus Gold has announced an upsized non-brokered private placement with gross proceeds expected at up to $12.8 million, up from $10 million previously. The placement features a common share offering component of up to 11.3 million common shares,…
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GOLD: UrbanGold grows corridor at Cressida
QUEBEC – Explorer UrbanGold has released the results of the three maiden holes completed at the Cressida block, which is part of the company’s Troilus holdings. The drill highlights include: 22 metres of 1.02 g/t gold; 17.6 metres of 0.9…
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GOLD-COPPER: Troilus defines new zone
QUEBEC – The most recent exploration release from Troilus Gold includes continuous mineralized intervals from the Southwest zone, 3.5 km south of the past-producing Z87 pit, where drilling tested an area of 500 metres by 250 metres. Drill highlights from…
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MINING PEOPLE: Coral Gold, Crystal Lake, Hudbay, Liberty Gold, Minco, Nemaska Lithium, NuLegacy, Sable, Triumph Gold, Troilus, Turquoise Hill, Yorbeau
Nathan Harte has been appointed as Coral Gold’s chief financial officer; Harte is an accountant and is also the CFO for Avino Silver & Gold. Jennifer North is Coral Gold’s new director of corporate communications, overseeing the company’s communication and…
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Troilus Gold boosts resource in Quebec
Single-asset company Troilus Gold (TSX: TLG; US-OTC: CHXMF) has updated the resource estimate for its wholly owned Troilus gold project, 170 km north of Chibougamau, Quebec. Indicated resources for the project stand at 159.1 million tonnes grading 0.78 gram gold per tonne,…
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GOLD-COPPER: Troilus resource grows
QUEBEC – Troilus Gold has released an updated resource estimate for its 100% held Troilus project located 170 km to the north of Chibougamau. The updated resource features total open pit and underground resources of 4.71 million oz. gold equivalent…
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Questing for gold in Quebec
Highlights in one of Canada’s most mining friendly provinces
