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.

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Troilus Gold Corp > Mexican ban on open pits good news for TLG!

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Post by metalhead666on Feb 17, 2024 11:17am

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Mexican ban on open pits good news for TLG!

The president of Mexico is proposing a ban on open pit mining. I would imagine that would take a lot of production offline, drive the cost of mining way up and make 1st world projects even more desireable. A win for TLG NGD SKE and domestic copper producers such as ASCU which I also own. Stars are lining up lads. TLG in particular is going to be a highly sought after project given closures in Panama, landslides in Turkey and a possible ban on open pits in Mexico.

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