Troilus Gold
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GOLD-COPPER: Troilus increases resource base ahead of Q3 PEA
QUEBEC – An updated resource estimate for Troilus Gold’s wholly owned gold-copper-silver project features 177.3 million indicated tonnes grading 0.75 g/t gold, 0.08% copper and 1.17 g/t silver, as well as 116.7 million inferred tonnes at 0.73 g/t gold, 0.07%…
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GOLD-COPPER: Nomad to acquire royalty on Troilus gold project
QUEBEC – Newly formed royalty and streaming co. Nomad Royalty has entered into a royalty purchase agreement with a private vendor to acquire a 1% net smelter return (NSR) royalty on a portion of Troilus Gold’s Troilus Gold project for…
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GOLD-COPPER: Troilus expands land position in Quebec
QUEBEC – Troilus Gold has added 230 sq. km of land holdings, or 422 claims, to its Troilus project in the province’s Frotet-Evans greenstone belt, increasing its land position to a total of 1,073 sq. km. “These new acquisitions, coupled…
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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…
