Troilus Gold
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Troilus expands Southwest zone on strike and downdip
Drilling at the Southwest zone, 2.5 km southwest of the main mineral corridor, at Troilus Gold’s (TSX: TLG) project in Quebec has stepped out the 2019 discovery by over 400 metres along strike and by up to 450 metres downdip.…
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Troilus to acquire UrbanGold in all-share deal, grow Quebec land position
Troilus Gold (TSX: TLG) plans to expand its position in Quebec’s Frotet-Evans greenstone belt by 33% through an all-share acquisition of junior UrbanGold Minerals (TSXV: UGM). The two companies have entered into a definitive agreement with Troilus offering 0.3004 of…
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Troilus steps out Southwest zone in Quebec
Ahead of an updated resource estimate and prefeasibility study due out in the second half of the year for its namesake project in north-central Quebec, Troilus Gold (TSX: TLG) has released drill results from the Southwest zone. These latest assays…
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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%…
