Troilus Gold Corp T.TLG

Alternate Symbol(s): CHXMF

Metals & Mining Gold 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.

TSX:TLG - Post by User

Troilus Gold Corp > Financing Predictions

<< Previous

Bullboard Posts

Next >>

Comment by tomgraniteon Feb 16, 2024 8:13am

77 Views

Post# 35883714

RE:Financing Predictions

JV is what has been strongly hinted at in recent presentations. No equity issued but possibly 50% of the project given up in the deal. OSK did it with Goldfields and their share has taken a tumble. However their market cap was around $1bil at the time whereas here it is only $161mil.

I think that a strong FS followed by a JV announcement will propel this share price upwards through the construction stage.

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario