Troilus Gold Corp T.TLG

Alternate Symbol(s): CHXMF

Metals & Mining Industrial Metals & Minerals

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.

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Troilus Gold Corp > Capex

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Comment by AlwaysLong683on Jan 31, 2024 2:47am

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Post# 35854214

RE:RE:RE:RE:RE:RE:RE:RE:RE:Capex

BTW metalhead, I currently like TKO as a copper play because of their Florence project. The fact they also have an existing source of cash flow in Gibraltar to help finance Florence is a net positive IMO. I also believe the market is placing zero value on New Prosperity re. TKO's share price, so any future positive from that package would be a bonus. For example, a buyer of TKO on a possible takeout of the company before first pour may in fact want the NP land package in their portfolio as well for potential future negotiations / agreement with current or future leaders of the Tsilhqot'in Nation. Times change, leaders come and go, local economies look for new sources of wealth and may reconsider past decisions if the right deal can be had, etc. Having a pipeline that includes such potentially lucrative mining opportunities is something that most large mining companies would likely value even if the market currently sees no value at all in the land package.

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