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Troilus Gold Corp T.TLG

Alternate Symbol(s):  CHXMF

Troilus Gold Corp. is a Canadian mining company focused on the systematic advancement and de-risking of the former gold and copper Troilus Mine towards production. The Company owns a 100% interest in the Troilus project. The Company holds a land position of approximately 435 square kilometers (km2) in the mining jurisdiction of Quebec, Canada, within the prospective Frotet-Evans Greenstone Belt. The Troilus Mine is located northeast of the Val-d'Or district of Quebec, produced 2 million ounces of gold and approximately 70,000 tons of copper. The seven kilometer main mineral corridor includes zones Z87, J Zone, X22 and Southwest, containing an estimated 11.21 Moz AuEq in the Indicated category and 1.80 Moz AuEq in the Inferred category. The Troilus property has an established infrastructure, including operating substation and power lines, an extensive network of well-maintained roads, operating water treatment facility, and a permitted tailing facility.


TSX:TLG - Post by User

Comment by investhaton Apr 22, 2022 9:22am
142 Views
Post# 34623228

RE:Great assays

RE:Great assays Yes very disapointing that we fly under the radars. And did you see that they confirmed the continuity of mineralization between Z87 and Southwest. With only 5 holes ine the Gap zone they confirmed continuity between the two zones. This may be huge and it's not only low grade, they got very good grades. This might change PEA very significantly. We don't hear much about troilus but major gold producers will start snooping around.The southwest area only, is a mine.

I realy like those two points:
  • The results announced today has improved confidence in strong mineral continuity to the northeast with improved drill density and step out holes that have further expanded the Southwest Zone over 200 metres beyond the previously known boundary of mineralization, ~900 metres beyond the pit shell modelled in the Preliminary Economic Assessment
  • Furthermore, an initial 5-hole drill program completed in the Gap Zone last year returned high-grade results which confirm a continuity of mineralized units in the ~2 kilometre area between the main zone Z87 and the new Southwest Zone
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