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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 VickRoxman2on Aug 08, 2023 1:55pm
96 Views
Post# 35577955

RE:RE:RE:RE:Anyone watch Sayona Mining?

RE:RE:RE:RE:Anyone watch Sayona Mining?Unfortunately by the time the share price of Sayona sees some appreciation it will be to late to benefit TLG as it could have previously.  The company is burning through cash like crazy per month and they'll probably just have enough to get to announcing the financing of construction which will be 2nd half of 2024?  Maybe?   

Maybe Sayona stock can at least get back to the deal price before they burn through it all at lower prices.
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