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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 pepperinoon Dec 26, 2023 11:19am
80 Views
Post# 35800391

RE:RE:RE:RE:My Views On TLG In 2024

RE:RE:RE:RE:My Views On TLG In 2024Solid point.   That is why I gave a rough estimate for 50% of the resources.   Raising the capital for the project will be the difficult task.   I keep faith that the Quebec government will help make this a reality.  But hey, this is why this is a sepculative penny stock.

The possible resource at X22 could be key.  JR estmated 2 - 3 years for total payment of CAPEX.  We know gold prices go up and down, but if they can produce when the price is high, profits for 25+ years could make this an excellent long-term investment.   
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