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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 10, 2024 7:04am
115 Views
Post# 35925003

RE:RE:RE:RE:RE:RE:RE:RE:RE:Everyone On CNBC

RE:RE:RE:RE:RE:RE:RE:RE:RE:Everyone On CNBC That cat's out of the bag.  Justin just the ither day slipped out that MC will be between 800M-1B.  That tells me they are going bigger in terms of yearly production.  A year ago it was assumed 250,000oz per year based on current capacity.  Just recently he said 350,000ozs.  Why the sudden change?  Well that's not public.  It would suggest to me that a major or majors want to see the numbers with bigger through put & accept the fact that CAPEX goes up a bit in doing so.  Again....pure soeculation on my part, but it seems to be a very possible.  Advanced juniors will absolutely rise after producers, followed by earlier explores.  The lower in the food chain, the later in the cycle to respond.  But the positve side of that is the lower on the food chain the larger the move.  Right now SP is the last thing on my mind here.  Meet expectations with FS, permitting, financing & it takes care of itself.  
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