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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

Post by templetooth2on Apr 08, 2024 11:07pm
138 Views
Post# 35978145

Eclipsing

EclipsingNo, I haven't dropped off the face of the planet. Drove from BC to Texas for the eclipse. Texas is just huge, and they have enough scrub land (that at this time of year is green) they could  probably solar power the continent. As for oil and gas, there's about a 100 mile stretch of Permian Basin industrial development from Carlsbad New Mexico to Pecos, Texas that defies description. This part of the world is absolutely booming.

Very nice to see Troilus doing its own booming. Don't own any Perpetua but if the potential financing offer survives the US election, it's a major, major coup. On the other hand, I-80 Gold proves the point that if you need the money, your shareholders are in for a world of PAIN. A 4 year warrant!!! Oy vey.
Obviously, right this moment or right this week the market doesn't see a bot deal on the immediate horizon for Troilus. Skeena, maybe not so much.
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