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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 Nov 22, 2023 6:25am
160 Views
Post# 35747854

RE:Precious metals summit in Zurich

RE:Precious metals summit in Zurich

Thank you VR.  Every time I think I've wrapped my head around the numbers here they fool me to the upside.  Just shy of a 30yr mine...over 300,000 ozs per year (I'll assume that includes copper as eq Ozs) ... over a 1/2M $ per month in lodging income starting in '24 added to current cash gives them 18+ months of runway.  I've always maintained that I'd hold the bulk of my shares until $4 USD.  If you figure the right valuation at construction this is achievable.  I believe the timing is going to be amazing in a hot precious metal's market.   Time to kick back & watch it unfold.  One more big add next week for me. 

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