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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 metalhead666on Feb 05, 2024 12:34pm
98 Views
Post# 35863293

RE:RE:"Two modified scenarios" under study....

RE:RE:"Two modified scenarios" under study....I've chatted with Justin twice of late. He wants the FS out this month but told me that because they're doing 2 "trade off" studies which add some time to completion, he can't swear as to exactly when it will be ready for release.  He told me that the two scenarios are significant with "amazing implications" but couldn't go into detail. We can speculate but I think patience is the watchword. The FS is nearly done and it will be out "soon"  He leads me to believe that it will be robust and that the "trade off" studies are significant.  I think the only reasonable way to approach this is with a long term view. The stock is cheap, gold will eventually break out, the mine will get built and the full value will be realized over time. Too difficult to time every buy and sell....better to just accumulate over time as it gets further de-risked and closer to production. 
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