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Troilus Gold Corp CHXMF


Primary Symbol: T.TLG

Troilus Gold Corp. is a development-stage mining company advancing and de-risking the former gold-copper Troilus Mine towards production. The project is located in the top-rated mining jurisdiction of Quebec, Canada. A PEA completed in 2020 ranks Troilus among the top gold mines in Canada today. A PFS and updated Resource Estimate are expected in mid-2022. Led by a team with a track-record of successful mine development, Troilus is positioned to become a cornerstone project in North America.


TSX:TLG - Post by User

Comment by Gutinstincts55on May 06, 2024 12:09pm
72 Views
Post# 36025096

RE:Sumitomo

RE:SumitomoIn the past I've not had an opinion on the Sumi angle one way or the other.  I thought it to be possible, but never really gave it a deep dive to see how much so.  Since Troilus purchased the UrbanGold property on 5/18/21 it connects directly to the Sumi resource.  If Sumi were to buyout Troilus they'd have between 13-16M oz with 2-5M of them being at high grade.  Running it all through the same mill would be a CAPEX changing dream for them.  With known other targets on the Troilus property they would have 30yrs total mine life to start with even longer future exploration potential.  Now that all of the pieces make sense to me, boy would this workout for all parties involved.  Interesting times ahead for sure.  Let's see how this all plays out.  
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