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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 AlwaysLong683on Jan 30, 2024 4:14pm
80 Views
Post# 35853506

RE:RE:RE:RE:Capex

RE:RE:RE:RE:CapexBTW, I agree with you re. open pit only projects. Finds like Macassa and Fosterville are rare. NFG has a shot at Queensway. SKE and TLG look good to me and are thus on my radar, but again, I think the Lassonde Curve makes sense from a risk / reward perspective coupled with opportunity cost consideration, time value of money. etc.

Speaking of open pit, a number of people seemed to be jacked about SGD. Their near-surface assays to date at their Valley greenfield site are absolutely first-class, but they're still at an early stage in their exploration work and the claims package is located in a remote part of the Eastern Yukon, so any project there is going to take many years to get to first pour, not to mention the amount of money that will need to be spent to get there. My guess is they'll eventually be bought out by BTO just like SBB (Nunavut) before them (BTO has a formal agreement with SGD re. maintaining a 10% stake in the company), but I don't think shareholders are looking at a multi-bagger given the the remote location, weather, and the fact that the company already has a market cap of over $800M thanks in large part to the constant pumping by hedge fund manager Quinton Hennigh.

Fun times.



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