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 > No Problem to Fund This Project

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Comment by anon3on Apr 06, 2024 2:27pm

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Post# 35974962

RE:RE:RE:RE:RE:RE:RE:No Problem to Fund This Project

I just find the timing of Kenorland transitioning from 20% ownership to a 4% nsr on the Regnault property in Jan 2024 to be interesting. With Sumitumo as 100% owner it is easier to make a deal with TLG. Also imo the 4% nsr is pretty high??? KLD must had know what was up and know what they owned 20% of.
As Crow says why build 2 mines when one LARGER one will do the job with massive infrastructure cost savings.
Well we should know in few more weeks.

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