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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 Gutinstincts55on Mar 07, 2024 11:02pm
70 Views
Post# 35921976

RE:RE:RE:RE:Toronto Presentation

RE:RE:RE:RE:Toronto Presentation I think that's right.  That's the bet here.  They have to deliver.   If you want to back up & look at the accomplishments from the time Troilus acquired the property to now I'd say it's been an outstanding job to date.  The amount of drilling completed in a more than reasonable amount of time while keeping share count to just under 300M I'd say was a heck of a job well done in a horrible environment for Jrs.  The Sayona deal didn't workout as well as planned, so they had one terrible raise that was not an earth shattering event.  The growth in the resource over the past six years is a testament to how really good this team has been. But you are right.  The proof will be in the FS, their ability to finish permitting & acquire financing that creates the most future value for the company.  I have a high level of confidence in the team. Others may not.
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