Troilus Gold
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Kenorland completes RTO, to start trading in January
Kenorland Minerals will begin trading early this month on the TSX Venture Exchange under the symbol KLD after completing a reverse-takeover transaction with Northway Resources. The prospect generator announced the RTO with Alaska-focused explorer Northway Resources last July. Post-combination, shareholders…
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Troilus buys back royalty from First Quantum, raises $20M
Troilus Gold has entered into a definitive agreement to buy back a sliding 2.5% net smelter royalty (NSR) on 81 mineral claims and one mining lease (the Troilus mine) from First Quantum Minerals. As consideration for this repurchase, Troilus will…
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Gold exploration booms in La Belle Province
CMJ takes a look at some of the most active exploration projects in Quebec.
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Troilus outlines new gold zone in Quebec
Sample results from this summer’s regional exploration program at Troilus Gold’s 1,073-sq.-km namesake property in Quebec suggest a new zone of mineralization – Beyan – 8 km to the southwest of the Southwest zone deposit. Sample highlights from the new area…
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Troilus launches 20,000-metre drill program in Quebec
Troilus Gold has started a 20,000-metre drill program at its flagship 1,073.3-sq.-km Troilus gold project in Quebec’s Frotet-Evans greenstone belt, to upgrade existing resources and grow mineralization across the past-producing property. These metres are scheduled for the remainder of 2020…
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MINING PEOPLE: Alexco, Benz, Canstar, Cross River Ventures, Maritime, SilverCrest, Troilus
Management appointments announced this week include: Paul Jones has joined Alexco Resource as senior VP of corporate development. Benz Mining has strengthened its senior executive team: Danielle Giovenazzo has been named VP of exploration, Xavier Braud is now head of corporate…
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Troilus Gold’s PEA suggests open pit and underground operation
A preliminary economic assessment (PEA) for Troilus Gold’s namesake project in Quebec has outlined a 22-year, 35,000 t/d open pit and underground mine, with the 9,000 t/d sub-surface portion starting up in the eighth year. The resulting operation would produce…
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ESG: Troilus receives approval to dewater pits, first Ecologo certification
QUEBEC – Troilus Gold has received a Certificate of Authorization from Quebec’s ministry of sustainable development, environment and fight against climate change (MELCC) to dewater the Z87 and J4 pits at the past-producing Troilus project. “Obtaining the Certificate of Authorization…
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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…
