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 > Toronto Presentation

<< Previous

Bullboard Posts

Next >>

Comment by tomgraniteon Mar 08, 2024 6:58am

84 Views

Post# 35922161

RE:RE:RE:RE:RE:RE:RE:RE:Toronto Presentation

Just speculating as to how a 50/50 would go down. Using Artemis FS at $1,800 pog, let's assume our FS is the same C$2.76bil. Let's also assume that the incoming partner would pay 0.60NAV to form the partnership.

2.76bil X 50% X 0.60 = C$828mil.

Troilus could raise the remainder from debt/streaming/equity.

<< Previous

Bullboard Posts

Next >>

Gold, growth and sustainability in focus for Mandalay Resources