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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 19, 2024 4:33am
47 Views
Post# 35887285

RE:RE:RE:RE:RE:Metalhead

RE:RE:RE:RE:RE:MetalheadSke is not as prime a takeover target as TLG or ARTG due to lower mine life....but...I don't know of another mine with as strong an economic profile.  1 year payback is unheard of.  When they start the build in earnest the stock will respond.  I have a 2-3 year time horizon on all 3 positions...SKE, TLG and NGD....in 2 years or so all three should be hitting their stride and gold should be considerably higher.  At least that's my plan unless something changes it.  I'll keep building up bigger stakes slowly when they're out of favor and at some point cash em all in and move along
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