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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

Post by Muffybell1on Nov 17, 2022 5:24pm
370 Views
Post# 35108599

A very good day and close on a down market day and

A very good day and close on a down market day and a down gold price as well. The stock deffinately seems to have some good buyers after the high grade news as well as the rescent news on the sale of non core assets. With 3 rigs working we should have more drill results before year end as well as the updated resource whioch will NOT include the high grade discovery or the drill results which will be used for the final feasibility due out next year. All in all, TLG will eventually be priced closer to it's pearce which will be closer to it's real value. So far the Price targets for the 6 analysts is between 2 and 3 dollars.
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