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Troilus Gold Corp T.TLG

Alternate Symbol(s):  CHXMF

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 metalhead666on Feb 12, 2024 10:38am
50 Views
Post# 35875406

RE:RE:RE:RE:RE:Major mistake

RE:RE:RE:RE:RE:Major mistakeAll I can tell you is that Justin hoped to have it out in Feb but because the emphasis is on BIG and long lived they did some trade off studies involving significant changes that required the input of a lot of engineers that have added a "few" weeks to completion.  My sense is that yes...it should be out by then but I'm not privy to all the details.  In general a FS takes a year to do. Adding a few more weeks is a "rounding error" but if those extra weeks turn a modest mine plan into a much bigger and longer lived one it will be worth it. They had to change things to account for the high grade discoveries that are just 10 months old so the design of things needs to be modified to bring those ounces in.  I'm comfortable waiting...the gold isn't going anywhere and I'd rather have a big mine than a small one. 
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