Troilus Gold
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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
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SNAPSHOT: Eight companies to watch in Quebec
Mining companies spend an average of $8.5 billion a year in Quebec and the industry generates about $962 million annually for the provincial government, excluding corporate income taxes, according to the latest report from the Quebec Mining Association. The province…
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GOLD: Troilus makes $12M share offering
TORONTO – Troilus Gold Corp. has announced a bought deal public offering of common shares that will raise approximately $12 million. The shares are priced at $0.85 each. The shares will be purchased by a syndicate of underwriters co-led by…
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GOLD-COPPER: Troilus finds new zone open at depth in footwall of J zone
QUEBEC – Troilus Gold Corp. of Toronto reports finding a new mineralized zone in the southeast part of the J zone at the past producing Troilus gold-copper mine in the Abitibi region, 175 km from Chibougamau. The gold-rich area is…
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GOLD-COPPER: Troilus launches 40,000-metre drill campaign
QUEBEC – Toronto’s Troilus Gold Corp. is launching a 40,000-metre drill program at its 100% owned Troilus gold property near Chibougamau. Two phases are planned to de-risk and expand on the current resource report last November. Last year Troilus offered…
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GOLD-COPPER: Troilus Gold expands property to bring historic mine back into production
QUEBEC – Emgold Mining just signed a purchase and sales agreement to sell its 100%-owned Troilus North property to Troilus Gold for 3,750,000 Troilus Gold common shares and C$250,000 in cash. The sale is expected to be done the first…
