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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 Gutinstincts55on Oct 31, 2023 7:27am
116 Views
Post# 35708713

RE:RE:RE:Confidence ...

RE:RE:RE:Confidence ...As VickR mentioned many times, the Sayona deal did not workout as planned & we never got full value from it.  So it is what it is.  This raise, although at a bad SP, does nothing to shake my confidence on the project moving forward.  It brings us somewhere in the neighborhood of $280M shares O/S....more than reasonable.  Troilus is not going at this alone.  I'm still planning on in H1 of '24 we are partnered with a major for 1/2 the project.  Dilution always sucks.  It's also inevitable for a junior.  
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