For those interested... Here are some of the corporate highlights covered by CEO, Justin Reid, during his presentation at the OTC Markets Group Precious Metals Virtual Investor Conference on Dec. 7th:
- New high-grade discoveries near the main ore body... X22 and the Connector Zone.
- Discovery of a new regional target within 4.4 km gold trend... Rocket.
- $50M transaction with Sayona Mining Ltd., placing TLG in a strong financial position to continue exploration work and finalize a Feasibility Study in 2023.
Troilus is in a great position to be able to deliver on major milestones in the coming year, including an updated mineral resource estimate in early 2023 and a Feasibility Study in the second half of the year.
The handful of analysts covering Troilus remain bullish with "buy" or "outperform" ratings and target prices between C$2.50 and C$4.50/share.
The recent rise in the price of gold would indicate that the outlook for gold seems to be promising for 2023 and beyond, so Troilus will hopefully display its prominence when the junior mining sector rallies.
In any case, it appears that TLG will continue to advance and de-risk the Troilus Project... certainly looks very promising at this point.