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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 Feb 19, 2024 3:09am
66 Views
Post# 35887261

RE:RE:RE:RE:Metalhead

RE:RE:RE:RE:Metalhead
I agree with Metal re. all company mining sites need to be located in either Canada or the USA (and perhaps Australia) for me to consider the stock. This makes it easy to eliminate many names from consideration right off the bat.
 
TLG is the only one I'm currently interested in. 
 
SKE's estimated mine life for its Eskay Creek Project (12 years) is too short for my liking, and who knows if they'll ever find another project on their claims with the kind of estimated mine life that ARTG and TLG currently possess (20+ years) which IMO is far more attractive to large miners becoming a JV partner or potential suitor for a takeout down the road.
 
FYI:
 
SKE share price closed at 5.00 that day.
 
SKE share price closed at 5.13 on Friday (three months later).
 
Thus my comments about not getting too excited about the time period between the release of a FS and the subsequent period in which a company pursues financing and contractor agreements (though perhaps TLG will surprise by releasing info on JV / other financing agreement(s) in conjunction with its FS...?).
 
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