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.

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Troilus Gold Corp > Gold Going Up

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Comment by Gutinstincts55on Mar 21, 2024 12:33pm

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Post# 35945272

RE:RE:RE:RE:Gold Going Up

I'd bet at this time a major(s) are all or partly behind the larger throughput mine change increasing CAPEX. Not only do I believe they do not fear it, I believe they are encouraging it to cement a JV.

But for argument sake let's say you're right. Which I believe to be the absolute worst case scenario, short of a permitting fail (unlikely). The downside risk is a 60% gain. I think that pretty appealing considering what I believe the true upside to be.

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