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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 templetooth2on Sep 28, 2023 10:38pm
158 Views
Post# 35660834

Denver presentation

Denver presentationFound I could access the Denver presentation this evening.

Dracula (J.R.)  who has sucked my blood far too long, said the new Mineral Resource Estimate would be out in 10 to 12 days. As he spoke on Sept. 20, that would mean Saturday, Sept 30 (10 days) or Monday, Oct 2 (12 days). 

He also said we will see a similar grade profile. ( I think that means .85 g/t)

Bankable Feasibility Study will be out in January.

Very good shape with cash right now. (Editorial snicker - yeah, right)

MRE "will be moving aggressively north of 10 million ounces". I guess that's better than timidly north of 10 million ounces. This aggressive news has seemingly fallen on very deaf ears in Colorado. Maybe the audience wasn't hearing right due to altitude.

Catch-22 zone will deliver over 1 million ounces to the study. 

Will be fully permitted by mid-2025, start production by late "26 or early '27.

All this seemingly encouraging news.... and we trade at much less than the value of a perpetual loser like Moneta. Go figure. Or rather, when next you get an opportunity to vote, DO SOMETHING.



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